The market does not respect anyone | Bitcointalksearch.org

Ifemini

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There are consequences for every action

Quote from: $anounimus$ on May 16, 2020, 11:38:25 PM

Yes you are right. Sometimes trading patterns as like you say, need skill to required for those who carry out transactions to be smart and quickly at making decisions maker based on news coverage and hot issues develop at this time because all ends how much you can earn from the trading process. Good Luck.

In addition to having skill, you also need to be honest with yourself while making reviews, because you cannot betray the process or outsmart it.
You should be able to determine your percentage profit before going into the trade at all, that way you get to keep focus and also avoid greed.

Ifemini

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There are consequences for every action

Quote from: Mammothcoin on May 19, 2020, 03:08:20 PM

The problem with many traders is that they try to tell the market what it should do based on their own analysis. Such behaviour is the reason why many people fail at trading. The market is alive and should be listened to, each candlestick tells you a story of the price action. Forcing your opinion on the market will only result in losses.

This is just another truth, it is wrong for any trader to try and force your own initatives on the market, some whales try it, and it always does not end well either ways.
Thats why you have to follow the market trend as a trader, not twist it.

totoy4741

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Quote from: Pffrt on May 14, 2020, 09:41:30 AM

You are very wrong with your statement, the market is led by the whale. Whale can move a market in any direction if they want because they hold a big bag. Whales are the market maker and dumper for your info. However, it depends on market size though.

Yeas you are right traders/whale are the ones manipulating the market, so in contrary to what OP says, we (traders,whale) don't respect any market flows as we are the one making any movements in the market, how the market would give a damn respect if they are just follow the flow by big traders/whales..

SolarWindMiningCompany

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Quote from: StephenJH on May 19, 2020, 05:02:28 PM

Quote from: Rubick99 on May 14, 2020, 01:03:37 PM

Most important thing when you will go for trade, make sure you have a lot of knowledge about anything that related with crypto and trade. Market will bullying everyone who knowing nothing about market. Then, make sure you have good money management and expect you will lost your money, always using stoploss in every trade.

You are absolutely right about that, it is just the same for me. l mean if you have any capital for trading or doesn't matter for investing. Without knowledge it is just useless, that is why for being a good trader and also making a good investment you need to have a lot of knowledge, experiences. Without things, you can not get any success.

I think having the capital for trading is not just the solution for me. You have to be in the right circle of traders for easy access to important and key info that determines the direction of the market. I have seen whales wreck in no time in this market because they are not informed. Also if you are an average trader, in the right circle you can mirror trade expert traders and make your profits at ease

StephenJH

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Quote from: Rubick99 on May 14, 2020, 01:03:37 PM

Most important thing when you will go for trade, make sure you have a lot of knowledge about anything that related with crypto and trade. Market will bullying everyone who knowing nothing about market. Then, make sure you have good money management and expect you will lost your money, always using stoploss in every trade.

You are absolutely right about that, it is just the same for me. l mean if you have any capital for trading or doesn't matter for investing. Without knowledge it is just useless, that is why for being a good trader and also making a good investment you need to have a lot of knowledge, experiences. Without things, you can not get any success. Cause of that in my humble opinion we try improving ourselves every day, no doubt it can take a bit long time to get success, but it doesn't matter to be patient. It will be worthwhile.

bitkanu

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Quote from: alisonwonder on May 19, 2020, 04:14:45 PM

Quote from: Mammothcoin on May 19, 2020, 03:08:20 PM

The problem with many traders is that they try to tell the market what it should do based on their own analysis. Such behaviour is the reason why many people fail at trading. The market is alive and should be listened to, each candlestick tells you a story of the price action. Forcing your opinion on the market will only result in losses.

I think only a few amateur traders will do that because when you can control the exchange and have lots of money to do that you can get a lot of profit without having to look at the analysis from anywhere.

If you re thinking the amateurs will try to throw a lot of money to the market and i guess you should reconsider your statement again dude. The majority of the party who were getting a huge loss in trade comes from the amateurs and the whales always become the party who wins the market. Your statement was not true at all.

alisonwonder

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Quote from: Mammothcoin on May 19, 2020, 03:08:20 PM

The problem with many traders is that they try to tell the market what it should do based on their own analysis. Such behaviour is the reason why many people fail at trading. The market is alive and should be listened to, each candlestick tells you a story of the price action. Forcing your opinion on the market will only result in losses.

I think only a few amateur traders will do that because when you can control the exchange and have lots of money to do that you can get a lot of profit without having to look at the analysis from anywhere.

Mammothcoin

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The problem with many traders is that they try to tell the market what it should do based on their own analysis. Such behaviour is the reason why many people fail at trading. The market is alive and should be listened to, each candlestick tells you a story of the price action. Forcing your opinion on the market will only result in losses.

XCANA

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Being a decentralized platform and somehow anonymous, thus industry and bitcoin doesn't have any respect to anyone in the industry as we have seen from inception till date. Although, the market has been manipulated by the whales but only on the slight price and not on the entire industry. Recently, there has been series of speculatives around the industry, these speculatives hasn't see the light of the day as the market never obey their speculatives talks on the price of the market.

kceekcee

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Quote from: princesspoppy on May 19, 2020, 12:51:34 PM

What I know about the market is it is controlled by whales. Whales can move the market whenever they want and with whatever results they want as long as it will be in their favor. Those that are not respected by the market/whales are those people with weak hands that leaves the market as soon as they see dumps on their coins/tokens.

even as the whales control the market, you also need to do the basics by understanding the market flow and taking profits each time.
also, do not let it surprise you that even if as a whale you are not careful and doing your researches, you are closer to rekts than profits

princesspoppy

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What I know about the market is it is controlled by whales. Whales can move the market whenever they want and with whatever results they want as long as it will be in their favor. Those that are not respected by the market/whales are those people with weak hands that leaves the market as soon as they see dumps on their coins/tokens.

MuhNofa

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Quote from: Ifemini on May 14, 2020, 07:26:08 AM

While trading, you need to understand that the market does not respect any one either you are a whale or you trade with little capital.

Always look at the bigger chunks of the market and maintain a balance in trade.

not only that in the world of trading in my opinion, we must master or are accustomed to the name of loss, and then experience is very influential, because without that experience you will experience failure. In my opinion like that and there are many more things to know

bobyhodob

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Quote from: @baoli on May 17, 2020, 09:13:25 AM

I beg to differ a bit. If you are a whale you can control a Market. Depending on the coin's market cap a whale can set buy order that can he/she can maintain. If a whale want to also crash a trade he/she can also do that depending on how much they bought the token

of course when I can become one of the whales who have a lot of money to trade then I prefer to master one altcoin that really has potential because if controlling bitcoin will be very difficult, at least human nature will indeed be like that.

@baoli

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I beg to differ a bit. If you are a whale you can control a Market. Depending on the coin's market cap a whale can set buy order that can he/she can maintain. If a whale want to also crash a trade he/she can also do that depending on how much they bought the token

Bitbtc8

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Quote from: Ifemini on May 14, 2020, 07:26:08 AM

While trading, you need to understand that the market does not respect any one either you are a whale or you trade with little capital.

Always look at the bigger chunks of the market and maintain a balance in trade.

I've been stuck with Naira on binance since I took advantage of the market before the halving @9700$ per Bitcoin and now it seem the market won't go down sooner, I belief it's all about Waiting, if I can wait it out the time will come, Bitcoin is volatile and price fluctuations is 100% sure.

Viscore

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Quote from: andycarrol on May 17, 2020, 03:52:26 AM

but finding people who support by buying coins with large amounts is very difficult.

But what about the whales? They are existing, they can manipulate the market to rise if they want to.
Not the support that we wanted but they can actually make bitcoin to pump and the real hype will begin, like the FOMO, its not possible dude as it happen in the past, and that's the reason why bitcoin corrected its price and dump hard in 2018, actually that year was more on a year of correction.

andycarrol

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Quote from: NavI_027 on May 16, 2020, 11:45:29 PM

Quote from: fortunecrypto on May 16, 2020, 09:12:49 PM

What has the market got to do with respecting anyone, of course it's not going to respect anyone and will show kindness to anyone who can read the market correctly, but the market side is on a whales you can make an impact on the market, I have seen it happens on many coins, because of the whales trading movement, they drop and they surge the market, so people should watch out for the whale's moves.

You have a good point in there but for me the whales are not the real Gods in the market. Yeah they can influence the chart due to their huge holdings but it doesn't necessarily mean that they are now invulnerable. Of course they are, like most of us

. Simply because there is not only one whale. They are many as well (but not as many as the small hodlers) and the moves of one another can significantly affect them. They are not as invincible as you think, they also need to be very careful because losses excuses no one.

Indeed.
I believe that even whales panic in certain situation although I didn't hear nor read any news yet about a whale cashing out to USD when this pandemic started because we all know that even BTC was badly affected by the pandemic although it shouldn't prove that that pandemic hit the price by 100% for sure.

There is no one forbid traders to hope like this because dreams can be as high as anything, but you must remember that no one knows when this pandemic is over and will not be able to raise the price of cryptocurrency without strong support, support here are buyers, many people are just have hopes prices rise to high prices but finding people who support by buying coins with large amounts is very difficult.

mnporter2001

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Quote from: Ifemini on May 14, 2020, 07:26:08 AM

While trading, you need to understand that the market does not respect any one either you are a whale or you trade with little capital.

Always look at the bigger chunks of the market and maintain a balance in trade.

The market is actually a chaotic battle between manipulative organizations. This is true because when there is no law present, the people in power want even more and control the game. That's why the price of bitcoin is always very volatile and caused thousands of traders to lose all their capital in turn. So when trading in crypto markets need to be careful and have good capital management methods.

NavI_027

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Quote from: fortunecrypto on May 16, 2020, 09:12:49 PM

What has the market got to do with respecting anyone, of course it's not going to respect anyone and will show kindness to anyone who can read the market correctly, but the market side is on a whales you can make an impact on the market, I have seen it happens on many coins, because of the whales trading movement, they drop and they surge the market, so people should watch out for the whale's moves.

You have a good point in there but for me the whales are not the real Gods in the market. Yeah they can influence the chart due to their huge holdings but it doesn't necessarily mean that they are now invulnerable. Of course they are, like most of us

. Simply because there is not only one whale. They are many as well (but not as many as the small hodlers) and the moves of one another can significantly affect them. They are not as invincible as you think, they also need to be very careful because losses excuses no one.

$anounimus$

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Yes you are right. Sometimes trading patterns as like you say, need skill to required for those who carry out transactions to be smart and quickly at making decisions maker based on news coverage and hot issues develop at this time because all ends how much you can earn from the trading process. Good Luck.

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