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Topic: The cryptocurrency market is currently a hot spot for whales. - page 4. (Read 671 times)

hero member
Activity: 3038
Merit: 617
There is an easier way to win along side the whales, just HOLD and only sell when bull run is about to be over. Amidst the crash, the whales are also waiting for the price to also dip to the bottom while time and economic downturn makes everyone sell.

You're only screwed when you sell at loss. Its a bit late to say but I think selling decision should have bee decided when a holders sees the bull run made the price peak to its NEW ATH. Get out far from being screwed.
copper member
Activity: 2156
Merit: 983
Part of AOBT - English Translator to Indonesia
yeah whales can do whatever they want to do  Grin but if you can wise and watch carefully the patern maybe you can still get profitable especially on futures trade.

but usually happen is when we took the short position somehow the price going up for an  hour made short get liquid and then people take long position and boom the price goes down again to take long postion and get liquid  Cry
legendary
Activity: 2506
Merit: 1394
I agree with OP. Whales are really having a great advantage in the current market situation, they can easily make money by using their money.
Market manipulation is still existing though even to this day but I still believe that these kinds of situations are just temporary.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
Whales simply use it as a playground. Even if there is a crash, you cannot rely on price movements. When there are liquidations for longs and shorts, the market takes a big swing to screw as many people as possible.
That's always happened in different markets not only in crypto. The whales have been playing in the market for a long time and every time the dump comes, they're all being blamed as they manipulate it. But when the market pumps and all eyes are on it, people don't talk about them because everyone prospers. Let's take the logic of the saying that, "wherever money is, everybody talks". cmiiw.
legendary
Activity: 2758
Merit: 1228
Whales simply use it as a playground. Even if there is a crash, you cannot rely on price movements. When there are liquidations for longs and shorts, the market takes a big swing to screw as many people as possible.

Its not hot spot but rather a place where they stay because they see some wealth on it. Maybe you are just seeing it as their playing ground because on a sort of manipulation happened but everyone can actually ride with it and the only thing we need is not to get panic on what people doing on every market movements. If you can't do long trades better study first how to do short trades because you can find more learnings on your experience while doing this.
legendary
Activity: 2226
Merit: 1086
duelbits.com
Day trading is only for those who understand how to do technical analysis, read every candle movement well. The capital required must also be a lot to be able to get a commensurate profit. But for those beginners, day trading will be a bigger risk of loss if not executed properly.
Agree, day trading isn't as easy as we think, it is for a professional or experienced trader only. Sure, it is not recommended for beginners or people who have a lack knowledge about crypto market. A daytrader needs to know well about candle/charts analysis, he also needs to update any information about the current situation in crypto market and the coins he wants to trade. Someone needs enough experience in trading before trying daytrade.

hero member
Activity: 2968
Merit: 687
Whales simply use it as a playground. Even if there is a crash, you cannot rely on price movements. When there are liquidations for longs and shorts, the market takes a big swing to screw as many people as possible.
Entire community in short because not only whales do make it as a playground but also into other small retail traders as well or institutions who do take involvement on this one or simply implies that this is free for all but the thing we do know that whales would always have that advantage on moving out prices due to their financial capabilities which is really something that normal and let's just accept that fact.
Why would always love to make comparison? Even if you are just small then you could always able to ride on with the waves.
copper member
Activity: 2114
Merit: 1814
฿itcoin for all, All for ฿itcoin.
When there are liquidations for longs and shorts, the market takes a big swing to screw as many people as possible.
Why do they allow getting liquidated?
It's why there are stop loss options in the first place. Trading is a game of winning and losing. You have to make sure your win rate is higher than your losing rate. You also have to make sure your risk reward ratio is reasonable. at least more than 1
Lastly, don't be so greedy.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
If you think like that, then you should follow the movements of the whales to be able to profit. And if you can't keep up with the whales, you shouldn't go into the market for a while because that could cost you money. Maybe we can't rely on price movements but we should learn to follow price movements while looking for gaps to enter the market. In that way, we can still benefit from price movements for us.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
Whales simply use it as a playground. Even if there is a crash, you cannot rely on price movements. When there are liquidations for longs and shorts, the market takes a big swing to screw as many people as possible.

Every whale was once a beginner. They have become whales because they used opportunities like the current one to their best.
They kept doing it and that has what made them the whales. So we have the equal opportunity right now.
Lets hit the rod when it's red hot. The markets are red which is the best time to fill our bags.
I would call it a hot spot for everyone but the whales are utilizing it to the best.
hero member
Activity: 1400
Merit: 623
Whales simply use it as a playground. Even if there is a crash, you cannot rely on price movements. When there are liquidations for longs and shorts, the market takes a big swing to screw as many people as possible.

Don't do futures trading with high leverage on volatile market like this to avoid liquidation. Whales indeed squeezing retail traders position to get profit from it as an exit liquidity. The whales that only benefited on this kind of scheme those institution traders with huge amount of fund to give pressure to the market while having there own open position.

mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
When there are liquidations for longs and shorts, the market takes a big swing to screw as many people as possible.

I mean, that's what liquidations do, right? If you get liquidated, you are pretty much forced to buy/sell to return what you loaned; and obviously that can move the market depending on size and/or if it cascades.
legendary
Activity: 1946
Merit: 1157
MAaaN...!! CUT THAT STUPID SHIT
Whales simply use it as a playground. Even if there is a crash, you cannot rely on price movements.
Why do you need to rely on price movements? To place orders you just need to place it and forget till it gets executed. If you are day trading this does not apply, you have to check movements often probably with a bot running and therefore day trading is not recommended to everybody.

Day trading is only for those who understand how to do technical analysis, read every candle movement well. The capital required must also be a lot to be able to get a commensurate profit. But for those beginners, day trading will be a bigger risk of loss if not executed properly.

When there are liquidations for longs and shorts, the market takes a big swing to screw as many people as possible.
If you keep thinking like that you will never see the positive side of it and be encouraged to trade. Because the price is low, you are getting a chance to buy. Just think of prices beyond 69k USD which was the last all time high, do you think you can buy a chunk of bitcoin at that price easily with your daily allocation?

Depending on what exactly is the background of your post, it is difficult to comment further, but I assume you lost money by either trading in altcoins or buying at the top price and now you are stuck at low price.

When the current price is low enough, they won't buy it. They will continue to say that it is the end of bitcoin and dare not enter. On the other hand, when the price starts to rise and continues to rise, buying is an option, even though the price has been affected by FOMO and is too high.

The OP may incur losses in some ltcoins or in bitcoins. But I don't know, the important thing is to know how the market moves. Whales can manipulate but not completely. Learn to think like a whale, don't fight it.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
Whales simply use it as a playground. Even if there is a crash, you cannot rely on price movements.
Why do you need to rely on price movements? To place orders you just need to place it and forget till it gets executed. If you are day trading this does not apply, you have to check movements often probably with a bot running and therefore day trading is not recommended to everybody.

Quote
When there are liquidations for longs and shorts, the market takes a big swing to screw as many people as possible.
If you keep thinking like that you will never see the positive side of it and be encouraged to trade. Because the price is low, you are getting a chance to buy. Just think of prices beyond 69k USD which was the last all time high, do you think you can buy a chunk of bitcoin at that price easily with your daily allocation?

Depending on what exactly is the background of your post, it is difficult to comment further, but I assume you lost money by either trading in altcoins or buying at the top price and now you are stuck at low price.
hero member
Activity: 854
Merit: 663
More importantly - to do an analysis of their actions.
What kind analysis we do about their actions? are you buy Bitcoin because a billionaire or president have bought it? well that's really bad idea and you shouldn't rely on other people about your decision. Wealthy or high position person isn't make them smart, moreover they're rich not because of Bitcoin.
jr. member
Activity: 98
Merit: 2
I think this is quite normal. People want to earn. This is quite predictable. More importantly - to do an analysis of their actions.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
It benefits those who hold a decent amount of cash/other assets to buy at lower prices. It might also be a lesson in diversification for some to work out how much extra they could've bought if they didn't invest everything at once (even though crashes like these don't come very often - so it's not a good idea to sell and pin your hopes on buying lower).
hero member
Activity: 1064
Merit: 843
It's not a hot spot only for whales, but it's for wise people who're know investing in Bitcoin take a long time to earn good money and not worried to buy in bear market, also a strong hand who ready to hold for many years. A wise people isn't a billionaire or millionaire, but middle or even low class can buy Bitcoin in cheap price. A billionaire or millionaire can be said as stupid if he's panic about the market and sold early.

Then the question is are you a wise person who buy every dip and will hold or dumb person who panic?
newbie
Activity: 21
Merit: 0
Whales simply use it as a playground. Even if there is a crash, you cannot rely on price movements. When there are liquidations for longs and shorts, the market takes a big swing to screw as many people as possible.
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