The whale's approach is to create instant price swings by buying or selling cryptocurrencies in bulk!
The best way to stop them from doing so when they dump a lot of cryptocurrencies is HODL's own cryptocurrency, which requires every investor to do so!
Topic: How to withstand whales? - page 2. (Read 907 times)
Have a lot of money or at least shark, I think really rich people can be in the race of the boss in the cryptocurrency market. Those who do not have enough money are in the whale's whirlpool.
I think if we enter the market long enough we will realize that we don't have a way to fight whales right now when the market is under a lot of control by wealthy investors. If we buy their game, we will get the queen easily, but if we learn about how they move the market, we will benefit easily and avoid losses.
I found the title of this thread quite hilarious. I don't think it's possible to withstand Whales. Haven't you heard the saying that he who pays the piper dictates the tune. This is a game of money, the more you have the better. Imagine a 1% daily on a $1 million dollars investment. Whales will continue to control this game. All you have to do as a shrimps is to be smart and not be greedy, so you won't get eaten by the Whales. My one cent. Cheers mate
you don't have to withstand them you have to go with the flow. whales are huge and you will get crushed if oppose the flow. find a suitable strategies fitting to you to maximize your profit.
We just need to be smart and play their game. Follow the signals and follow the money. We have some very bullish news lately and selling at this moment is the last thing you want to do.
I half expected this to be happening. If you think about it, people rich enough to be investing millions in different projects would already have a large network, so it's not far-fetched that they'd decide to invest and act collectively in that investment. There are whales everywhere, in stocks for example.
Sure, hodl but if you can, ride the wave with the whales.
I agree with you fellow. If we cannot fight big waves then just go with it. Go with the flow, makes life easy and pressure less. If not pressured you can think well and decide properly. Sure, hodl but if you can, ride the wave with the whales.
Whether we like it or not whales control everything in the industry including crypto currency, they are the one responsible in price manipulations in stock markets or crypto exchanges. If you buy into their games you’ll get rekt easily, but if you study on how they move markets you’ll get profits easily and avoid being broke.
I agree. You explained it as simple as possible. sadly these price manipulations cant be avoided 
Hey guys, just found a mind-blowing article about whales and "skype trading".
So in December, when common people sold houses and cars or took loans in the bank and bought bitcoin during its unprecedented growth, bankers quietly sold all the bitcoins out of the exchange at high prices, and this did not affect the exchange rate, but when not over-the-counter areas were over, they came to the stock exchanges and the remains of bitcoin were already sold on open exchanges, causing a price collapse.
If a whale wants to buy bitcoin for $ 500 million and go with this amount to the one of top 5 exchanges, such as Poloniex or Binance, he can in one trading session, push the rate one or two thousand dollars up, and that's exactly what he does not need.
What are your suggestions??? I think the only way is just HODL despite the fact of price collapse.
indeed it takes confidence and patience like the advice you hold back and taking the opportunity that will come to get the price advantage down don't make us afraid and panic Quote
A small group of about twenty over-the-counter (OTC) traders and clients including big investors, miners, payment processors and hedge funds, has reached a monthly trading volume worth billions of dollars. Instead of using an online exchange like Coinbase or Kraken, the participants close major deals chatting on Skype and settle them by sending fiat via bank wires and cryptocurrency directly to each others’ wallets.......
So in December, when common people sold houses and cars or took loans in the bank and bought bitcoin during its unprecedented growth, bankers quietly sold all the bitcoins out of the exchange at high prices, and this did not affect the exchange rate, but when not over-the-counter areas were over, they came to the stock exchanges and the remains of bitcoin were already sold on open exchanges, causing a price collapse.
If a whale wants to buy bitcoin for $ 500 million and go with this amount to the one of top 5 exchanges, such as Poloniex or Binance, he can in one trading session, push the rate one or two thousand dollars up, and that's exactly what he does not need.
What are your suggestions??? I think the only way is just HODL despite the fact of price collapse.
Ordinary traders can't resist these whales because we don't have enough money to do them, and the only way to make a profit is to keep your coins in line with whale operations.
Nobody can beat the whales. In fact, it looks as if everyone is at the mercy of the whales because they have the wherewithal to enforce a price to their advantage, either high or low. Holding is very good but for how long can we hold? People can't hold forever because they have needs to meet.
Holding would have been the most appropriate way of dealing with the whales but it is not entirely possible. Even the whales understand that no matter how long you HODL, you will still have a reason to sell at the end. This makes it possible for them to influence the price to their advantage.
even with large ships and sophisticated fishing gear, if the whales can still loose because of the unexpected things, it still does not belong to us (luck). at least we can get yellow fin tuna. while waiting for us to get the whales back, as well as in the crypto world. when bitcoin is down, we can still expect altcoin to benefit us.
I think HODLing is the only way. If price is going down due to manipulation then surely it will come back to its previous price too. Just HODL and we all be fine.
Hey guys, just found a mind-blowing article about whales and "skype trading".
So in December, when common people sold houses and cars or took loans in the bank and bought bitcoin during its unprecedented growth, bankers quietly sold all the bitcoins out of the exchange at high prices, and this did not affect the exchange rate, but when not over-the-counter areas were over, they came to the stock exchanges and the remains of bitcoin were already sold on open exchanges, causing a price collapse.
If a whale wants to buy bitcoin for $ 500 million and go with this amount to the one of top 5 exchanges, such as Poloniex or Binance, he can in one trading session, push the rate one or two thousand dollars up, and that's exactly what he does not need.
What are your suggestions??? I think the only way is just HODL despite the fact of price collapse.
The only way to beat whales is Technical analysis. TA can help you in determining short term trades which are highly manipulated. Else, long term investment are best to not fall in FUD created by whales manipulation. Whales try to panic people into selling their holdings to them when their is a chance of bullish trend reversal. This is exactly what happened in June. People panic sell at the lowest support level and fill whales' bags. Here TA could have helped people in making sound tradimg decision. Quote
A small group of about twenty over-the-counter (OTC) traders and clients including big investors, miners, payment processors and hedge funds, has reached a monthly trading volume worth billions of dollars. Instead of using an online exchange like Coinbase or Kraken, the participants close major deals chatting on Skype and settle them by sending fiat via bank wires and cryptocurrency directly to each others’ wallets.......
So in December, when common people sold houses and cars or took loans in the bank and bought bitcoin during its unprecedented growth, bankers quietly sold all the bitcoins out of the exchange at high prices, and this did not affect the exchange rate, but when not over-the-counter areas were over, they came to the stock exchanges and the remains of bitcoin were already sold on open exchanges, causing a price collapse.
If a whale wants to buy bitcoin for $ 500 million and go with this amount to the one of top 5 exchanges, such as Poloniex or Binance, he can in one trading session, push the rate one or two thousand dollars up, and that's exactly what he does not need.
What are your suggestions??? I think the only way is just HODL despite the fact of price collapse.
I really don't care about whales. I go about with my own trading business without minding them. I surf around smoothly without the burden of thinking, "what will the whales be doing next?" At one point, a time came to each of us when we got pissed with the fact that whales could manipulate the market. But it came to me, "why bother?" They have the upper hand! It's not that I'm being pessimistic, I'm just being optimistic with my own business and not theirs. So today, I don't get affected with what these whales do. I have my own strategy which works best for me.
I completely support your idea guy. Eliminating the whales out of our head is one of the most effictient way for us to do well our business. I used to wonder why so many people draw their attention to whales, and they don’t know that it’s better off going on their our own way . When one cares about whales, he let whales obstruct their plan, and he even doesn’t know that he is neglected and that would affect him a lot . That’s one of the most popular reason leading many people to failure. 
If you are already on the crypto market for a sufficient amount of time, you should already understand that we do not have the opportunity to fight whales at this time, when the market is under greater control by rich investors. You can win or fail
Hey guys, just found a mind-blowing article about whales and "skype trading".
So in December, when common people sold houses and cars or took loans in the bank and bought bitcoin during its unprecedented growth, bankers quietly sold all the bitcoins out of the exchange at high prices, and this did not affect the exchange rate, but when not over-the-counter areas were over, they came to the stock exchanges and the remains of bitcoin were already sold on open exchanges, causing a price collapse.
If a whale wants to buy bitcoin for $ 500 million and go with this amount to the one of top 5 exchanges, such as Poloniex or Binance, he can in one trading session, push the rate one or two thousand dollars up, and that's exactly what he does not need.
What are your suggestions??? I think the only way is just HODL despite the fact of price collapse.
Quote
A small group of about twenty over-the-counter (OTC) traders and clients including big investors, miners, payment processors and hedge funds, has reached a monthly trading volume worth billions of dollars. Instead of using an online exchange like Coinbase or Kraken, the participants close major deals chatting on Skype and settle them by sending fiat via bank wires and cryptocurrency directly to each others’ wallets.......
So in December, when common people sold houses and cars or took loans in the bank and bought bitcoin during its unprecedented growth, bankers quietly sold all the bitcoins out of the exchange at high prices, and this did not affect the exchange rate, but when not over-the-counter areas were over, they came to the stock exchanges and the remains of bitcoin were already sold on open exchanges, causing a price collapse.
If a whale wants to buy bitcoin for $ 500 million and go with this amount to the one of top 5 exchanges, such as Poloniex or Binance, he can in one trading session, push the rate one or two thousand dollars up, and that's exactly what he does not need.
What are your suggestions??? I think the only way is just HODL despite the fact of price collapse.
We cannot withstand these whales in the amount of investments but we can defeat them by strategies and plan. These whales exposed the weakness of bitcoin and that is part of their strategy – to destroy the reputable name of the currency while benefiting large income over the years (when price goes mainstream) or their main objective to eliminate the value of the currency because of its potential risk on their mainline (businesses).
Never go all in, never panic buy and sell. The Whales just gonna eat you alive. Play smart.
Maybe the best way to withstand from whales is by ignoring their manipulation price in the market.
As you can see now cryptocurrency market is on the dips. If we sell our coins, it means we are panic selling.
So, not selling at the low price is the best way to withstand whales from my opinion.
As you can see now cryptocurrency market is on the dips. If we sell our coins, it means we are panic selling.
So, not selling at the low price is the best way to withstand whales from my opinion.
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