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Topic: The Data PROVES It: The Wealthy Were BUYING, As Amateurs Sold In Fear... (Read 467 times)

sr. member
Activity: 1330
Merit: 256
wherever rich people will always do things like that to get money like by they buy so many bitcoins with the money they currently have to hold it and then they will release it for a higher price in order to get so much profit by doing this way. this, this is what makes us amateurs afraid to buy bitcoin with limited funds so that we are still a little doubtful whether this will make us bankrupt so we delay buying the bitcoin
hero member
Activity: 1946
Merit: 502
You don't need to be a genius to know that in every dip whales are always accumulating, only those who have no clue and don't understand how this market works are the ones still panic sell their coins to whales at cheap price, many investors are already wiser and don't bother with market dip anymore, anyone who was able to sell at the top and buy back at low price is lucky otherwise just hold your coins for market to recover.
sr. member
Activity: 2660
Merit: 339
The Whales, bitcoin holders who manage between 1,000 and 10,000 Bitcoins, who had sold when the price had topped $30,000, have changed their strategy and are now accumulating.

Comparing the activity of seven holder segments over the period of November 2020, starting from those with less than 1 BTC to whales: addresses with less than 1 BTC, 1 to 10 BTC, 10 to 100 BTC, 100 to 1,000 BTC, and 1,000 BTC to 10,000 BTC...
Which is why it’s very important for us to sell our coins when the whales are more likelyto start selling their coins and then buy back when the market has dropped in value. And after you have bought back the bitcoins, you can then continue with your HODL and continue to hold until the market goes up again. The market has started going up again and it has reached $40,000 in a day, and now sits at $37,000. Even if there is a drop from here, we now know that there is the possibility for the coin to rise again to a price that is as high as $40,000. So it’s very important to have patience and wait for it to happen.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
Since wealthy people have lots of money to spend and to risk when it comes to doing investment into what they think that can benefit them in the long run, they are not afraid of whatever happen which makes them immuns into the fear being felt by those newbies that are at the same time small time investors in the market. While those small people are getting into fear due to lack of experience and afraid of losing their money, wealthy people are making their way to keep on buying what they can just because they can also afford it as well.
member
Activity: 117
Merit: 28
This question is actually very easy to answer. A question can be divided into characters, time, and content.

1.There are two types of characters, rich people, giant whales or investment institutions such as Grayscale. The other is speculators, retail investors, or poor people.

2.The time point is that Bitcoin is in a period of sideways stability after a sharp decline, which will produce a certain degree of market panic.

3.The content is rich people or institutions, buying as many bitcoins as possible in the market panic. The other kind of people had to sell bitcoins in panic.

This is a normal phenomenon, and the data will naturally show up. This is not accidental, but inevitable, because the mentality and situation of the two people are different. One is to hope to obtain the largest number of bitcoins at the lowest price and hold it for a long time, which requires a higher rate of return. The other is because of the tight financial situation or the unfavorable pressure of the market, which makes it difficult to bear losses.

The first kind of people have detailed investment plans. The second kind of people are more random and don't know much about Bitcoin. So in this zero-sum game, patience and faith are required. In order to obtain the desired return in the distribution of wealth.

As our current investment project, Bitcoin is what I insist on. What I want to tell you is to allocate the investment amount and proportion reasonably, maintain a peaceful mind, stick to your beliefs, and don't be a doll that is manipulated at will

sr. member
Activity: 2464
Merit: 252
It seems that these are the rules of winners and losers, why do they become rich because experienced investors always have the right investment direction and a cool head, indifferent to before. In the ups and downs of the market they don't panic and when the price gets lower they buy again.
For small holders of bitcoins and other cryptocurrencies, it is not only fear that has a negative impact on the decision to sell. Small holders of cryptocurrency are more susceptible to the need to sell their cryptocurrency at the most inopportune time when their price falls and due to various family circumstances based on the lack of free money. Large holders do not have such problems. Therefore, in this case, they are entirely guided only by common sense, and not by necessity.
sr. member
Activity: 2016
Merit: 283
Whales will always win on the competition because they're the one who cab manipulate the bitcoin price to become cheaper and they are the one who can benefits when it rapidly increased or makes new ATH. well this became very obvious actually wherein even before when bitcoin wasn't like this high. That's why its always good to follow the trend than making your own way to make profits in the market. because it's getting unpredictable everytime when whales were active..
member
Activity: 101
Merit: 10
If you can understand human psychology, you can understand the market. The market uses people's psychology to cause people's emotions. Generally speaking, investment is based on speculation. Beginners will only invest a part of their monthly salary. For them, they will always focus on market conditions, while whales will not. Whales will use beginners because they are more experienced and more experienced. Have a mindset.
sr. member
Activity: 1876
Merit: 318
For people who are experienced in the crypto world, they will realize that buying Bitcoin for long-term investments is more profitable. Therefore
many institutions are doing the same thing with holding Bitcoin for the long term, why do we who only have small capital have to panic seeing
the decline in the price of Bitcoin. We should also be patient holding Bitcoin until the Bitcoin price recovers, based on the history of Bitcoin
price movements, no matter how far Bitcoin goes down, it will always go up again more higher.
But not all would really be minding of on holding but rather they do actively trade to see profits in shorter duration.Wealthy people are having that kind of mindset since theyre more experienced

but once those amateurs do really get the idea then thats the time that they would really know on how to play with the market.It do takes time though since capital would be an issue

not all would really be having bigger capitals or money to spent out on investment but doesnt mean that they wont able to make it grow.
Some people with good analytical skills, usually often take advantage of the volatile Bitcoin price, they are more daring to make short-term trades
to be able to make a profit. Even though the profit is small, but if done repeatedly the profit collected can be large. In the end it comes back to
each person, not everyone chooses Bitcoin holding, some people are more actively trading. But my advice for beginners is better to just hold Bitcoin,
because usually beginners do not understand how Bitcoin works. It's true that not everyone has big capital, but there's no need to be disappointed,
because with a small capital can also generate large profits. But the process is longer and does require patience.
Short-term trades are tough to do unless you are highly professional and maybe even applying algorithmic high tech. Other than that you usually lose against the market or at least are not able to make considerable profits. See with Amazon now, I want to see the guru whose technical analysis helped him identify the jump to $39k... Those who went short couldn't know rumors about Amazon will be leaked. Your TA doesn't help anything here.

I admit that it is not easy to make short-term trades, so not many people have managed to get big profits through short-term trades. Knowing this
I also prefer holding Bitcoin for now, because I realize my analytical skills are not very good and it is also true that technical analysis does not
guarantee to be able to generate profits. Then another factor is needed to be able to successfully make a profit in short-term trades.
In conclusion, everyone is free to do what they think is effective in generating profit, but we must remember that every choice we make has its risks,
we must be prepared with all the risks that we will face. Because from the start, entering the crypto world was risky.
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
in my opinion the new people are the ones who always have a fear mentality and they sell at a low price it's a loss, and the rich people why they get richer because they don't panic and don't buy high sell as low as amateurs new to the market.

That's a key difference and real reason why the rich will only keep getting richer. I was actively checking the market sentiment during the time that the market wasn't doing so well and it was either at "fear" or extreme "fear". And from what I know, the best time to buy anything is to buy when people are afraid and scared only to sell when everyone has hopped in and are excited - Knowing this, I kept adding to my BTC stash from time to time over the course of the dip and so far, it has paid off a bit ~ 10%+ with more coming soon.
sr. member
Activity: 882
Merit: 252
I think this is what always makes.investors lose a lot.of bitcoin by the way they are too early to release it.on the stock.market, this is what makes.rich people experience significant.profits so that it.makes us.like.businessmen who are losers.and are too.afraid to do business so.things it.is very easy to grab by those who have a fighter mentality.in the business world, especially the crypto world dunia
sr. member
Activity: 2436
Merit: 455
The whales are usually the ones who really benefit the dips because of panic selling of the newbies. Hence, it's really essential to study first before diving into cryptocurrency. Otherwise, you'll just end up losing. The ones who will savor the victory will be the whales, who are just waiting for the right time to go shopping spree on all time low value of the coins they see potential on.

The whales have a nice strategy of controlling and manipulating the market flow. That is why when they decide to make a move, the faint-hearted are often the ones who lose the game. Those who are easily shaken with sudden price movements that think it will take a very long time for the coin's value to bounce back again are at the losing end. The moment you decide to sell your coins with lesser value than the value you originally purchased it on, it's a defeat on your side. Newbies must know the history, basics, and fundamentals before entering crypto world. Technical and data analysis knowledge is a must. Relying on some random advices will get you nowhere. You are responsible for your own money, so do your duty and make it grow.
legendary
Activity: 1372
Merit: 2017
-snip

Can someone please merit this post? I'm out.

I think it says the most important thing that has been said in the whole thread.

Another thing is that the conclusion drawn, even if it has a debatable basis, may be right: big investors, people with money who know how to invest, take advantage of panic moments to buy great financial assets for cheap. Conversely, many small, uninformed investors, who invest in Bitcoin or in the latest fancy coin as if they were betting at the casino, panic and sell when faced with this type of downturn.

sr. member
Activity: 840
Merit: 251
That's why it's more profitable to hodl for long term with patience. At some point it seems BTC will test below 20,000$ but market sentiments is changing and taking a turn around. After several test of the 30,000$ region, it shows some. Buying has been done to hold the suport level so strong which is pointing to move upward.
For people who are experienced in the crypto world, they will realize that buying Bitcoin for long-term investments is more profitable. Therefore
many institutions are doing the same thing with holding Bitcoin for the long term, why do we who only have small capital have to panic seeing
the decline in the price of Bitcoin. We should also be patient holding Bitcoin until the Bitcoin price recovers, based on the history of Bitcoin
price movements, no matter how far Bitcoin goes down, it will always go up again more higher.
But not all would really be minding of on holding but rather they do actively trade to see profits in shorter duration.Wealthy people are having that kind of mindset since theyre more experienced

but once those amateurs do really get the idea then thats the time that they would really know on how to play with the market.It do takes time though since capital would be an issue

not all would really be having bigger capitals or money to spent out on investment but doesnt mean that they wont able to make it grow.

Some people with good analytical skills, usually often take advantage of the volatile Bitcoin price, they are more daring to make short-term trades
to be able to make a profit. Even though the profit is small, but if done repeatedly the profit collected can be large. In the end it comes back to
each person, not everyone chooses Bitcoin holding, some people are more actively trading. But my advice for beginners is better to just hold Bitcoin,
because usually beginners do not understand how Bitcoin works. It's true that not everyone has big capital, but there's no need to be disappointed,
because with a small capital can also generate large profits. But the process is longer and does require patience.

Short-term trades are tough to do unless you are highly professional and maybe even applying algorithmic high tech. Other than that you usually lose against the market or at least are not able to make considerable profits. See with Amazon now, I want to see the guru whose technical analysis helped him identify the jump to $39k... Those who went short couldn't know rumors about Amazon will be leaked. Your TA doesn't help anything here.
hero member
Activity: 2352
Merit: 953
Temporary forum vacation
"Data" Huh
Common, just lol, somebody looked at addresses, and if in some ranges have grown more than addresses with a lower balance they have decided some are whales and some are amateurs.

Simple question, if I consolidate all the dust I have in 7 addresses of under 1BTC and send it to my main address what would it mean?
That seven fishes got eaten by an otter? I would be more of that change was because of the drop in fees than the "amateur" selling.
The same thing for bigger addresses, this doesn't mean some investors are buying from "amateurs" it might simply mean that amateurs are being from exchanges and leaving their coins there, as a real amateur would do!
`

Exactly,,, even when I look at my history, it is maybe starting from 1 wallet, then to 5 then today more than 20 all together, and not counting the different addresses I use at different services and exchanges.

Am I suppose to become one big trout or salmon if I combine inputs from wallets? And if I sweep everything to an exchange does the whale eat up all my small fish and this means I sold in fear? Of course not:)
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
"Data" Huh
Common, just lol, somebody looked at addresses, and if in some ranges have grown more than addresses with a lower balance they have decided some are whales and some are amateurs.

Simple question, if I consolidate all the dust I have in 7 addresses of under 1BTC and send it to my main address what would it mean?
That seven fishes got eaten by an otter? I say more of that change was because of the drop in fees than the "amateur" selling.
The same thing for bigger addresses, this doesn't mean some investors are buying from "amateurs" it might simply mean that amateurs are buying from exchanges and leaving their coins there, as a real amateur would do!

I used to track those movements two years ago in a topic, more to see how bitcoins are getting spread around, but all the data was all over the place every time.

Just for fun, data from two years ago:
https://archive.ph/dG8re

Quote
Balance, BTC   Addresses   % Addresses (Total)   Coins   $USD   % Coins (Total)
(0 - 0.001)   13548209   48.44% (100%)   2,772 BTC   25,325,580 USD   
[0.001 - 0.01)   6746250   24.12% (51.56%)   26,734 BTC   244,200,701 USD   
[0.01 - 0.1)   4863811   17.39% (27.44%)   156,928 BTC   1,433,482,277 USD   

vs

Quote
Balance, BTC   Addresses   % Addresses (Total)   Coins   USD   % Coins (Total)
(0 - 0.001)   19553140   51.14% (100%)   3,984 BTC   $153,099,304   
[0.001 - 0.01)   9662294   25.27% (48.86%)   36,767 BTC   $1,412,946,910   
[0.01 - 0.1)   5838288   15.27% (23.59%)   190,132 BTC   $7,306,682,721   

So I see a growth of 1200, 10 000, and 34 000 BTC in the wallets of amateurs. The whales are doomed!!!! Grin

LE.
Fixed some typos!

sr. member
Activity: 1876
Merit: 318
That's why it's more profitable to hodl for long term with patience. At some point it seems BTC will test below 20,000$ but market sentiments is changing and taking a turn around. After several test of the 30,000$ region, it shows some. Buying has been done to hold the suport level so strong which is pointing to move upward.
For people who are experienced in the crypto world, they will realize that buying Bitcoin for long-term investments is more profitable. Therefore
many institutions are doing the same thing with holding Bitcoin for the long term, why do we who only have small capital have to panic seeing
the decline in the price of Bitcoin. We should also be patient holding Bitcoin until the Bitcoin price recovers, based on the history of Bitcoin
price movements, no matter how far Bitcoin goes down, it will always go up again more higher.
But not all would really be minding of on holding but rather they do actively trade to see profits in shorter duration.Wealthy people are having that kind of mindset since theyre more experienced

but once those amateurs do really get the idea then thats the time that they would really know on how to play with the market.It do takes time though since capital would be an issue

not all would really be having bigger capitals or money to spent out on investment but doesnt mean that they wont able to make it grow.

Some people with good analytical skills, usually often take advantage of the volatile Bitcoin price, they are more daring to make short-term trades
to be able to make a profit. Even though the profit is small, but if done repeatedly the profit collected can be large. In the end it comes back to
each person, not everyone chooses Bitcoin holding, some people are more actively trading. But my advice for beginners is better to just hold Bitcoin,
because usually beginners do not understand how Bitcoin works. It's true that not everyone has big capital, but there's no need to be disappointed,
because with a small capital can also generate large profits. But the process is longer and does require patience.
legendary
Activity: 3122
Merit: 1140
That's why it's more profitable to hodl for long term with patience. At some point it seems BTC will test below 20,000$ but market sentiments is changing and taking a turn around. After several test of the 30,000$ region, it shows some. Buying has been done to hold the suport level so strong which is pointing to move upward.

For people who are experienced in the crypto world, they will realize that buying Bitcoin for long-term investments is more profitable. Therefore
many institutions are doing the same thing with holding Bitcoin for the long term, why do we who only have small capital have to panic seeing
the decline in the price of Bitcoin. We should also be patient holding Bitcoin until the Bitcoin price recovers, based on the history of Bitcoin
price movements, no matter how far Bitcoin goes down, it will always go up again more higher.
But not all would really be minding of on holding but rather they do actively trade to see profits in shorter duration.Wealthy people are having that kind of mindset since theyre more experienced

but once those amateurs do really get the idea then thats the time that they would really know on how to play with the market.It do takes time though since capital would be an issue

not all would really be having bigger capitals or money to spent out on investment but doesnt mean that they wont able to make it grow.
sr. member
Activity: 1876
Merit: 318
That's why it's more profitable to hodl for long term with patience. At some point it seems BTC will test below 20,000$ but market sentiments is changing and taking a turn around. After several test of the 30,000$ region, it shows some. Buying has been done to hold the suport level so strong which is pointing to move upward.

For people who are experienced in the crypto world, they will realize that buying Bitcoin for long-term investments is more profitable. Therefore
many institutions are doing the same thing with holding Bitcoin for the long term, why do we who only have small capital have to panic seeing
the decline in the price of Bitcoin. We should also be patient holding Bitcoin until the Bitcoin price recovers, based on the history of Bitcoin
price movements, no matter how far Bitcoin goes down, it will always go up again more higher.
member
Activity: 728
Merit: 12
It may make sense to happen for the newbies and also the professionals. But, is that true the difference between newbies and wealth? How if the wealth is also a newbie and he is being panicked when the price keeps falling and he sells his Bitcoin in order to minimize the loss because of panic?
We know that maybe not all the wealth will do this thing. But, it also makes sense when they are here only because of the hype of Bitcoin or other cryptocurrencies.

And maybe not all newbies are also doing the same, being panic and selling their BTC when the price drops.
When we have been here for a long time but we still cannot control our strategy, we may also be panic and becomes a newbie that is driven to panic and sell off our assets.
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