The whales need no indicators! - page 4.

joshy23

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Quote from: Klausi on January 30, 2019, 10:52:02 PM

Quote from: peter0425 on January 30, 2019, 10:27:11 PM

Quote from: wayancrypto on January 30, 2019, 09:55:28 PM

I think so, whales just do what they want. They easy to pump and dump the price, and as retail trader we have to follow them. In 2017 all crypto was pump multiple times and after that huge dump, and whales been do that. We can not avoid pump dump action in crypto market because the market cap still low, so that will be more easy to pump.

The thread got me thing. Yes, it's possible that those whales doesn't care about any analysis though because of their deep pocket. Of course its better to buy in dips, but I'm speculating that they are willing to buy at any price and then manipulate the market on their favor, not far fetched, in my opinion. And its very evident specially that we're in the bearish market right now.

Bearish market is the hindrance why the whales cannot move out on their plans. Once there's a huge potential to increase market profit, I think the whales will be back again and will make our world go round. Same as what happened last 2017 we're surprised, and again that will be the scenario being expected by many.

Whales are waiting for more players inside the market before they will begin their dirty tricks, as more money flowing around the market and newcomers
that start to invest, they will start making directions and command everyone to whatever movements they wanted to go, the trend will change up without any technical analysis that going to follow, just a group of whales who's hungry to grab every penny that investors and traders have.

davinchi

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Quote from: arpon11 on October 23, 2018, 03:06:16 AM

The whales and big investors did not need indicators both (technical and fundamentals indicators) before buying or selling Cryptocoins. This has just made me to believe that the indicators are just there for me and you to lose money and not to make money as the price will still go against you no matter how intelligent you are in technical analysis. The market seeing to make it own mind and that is to say the whales push it to any direction they decide at a particular time.

When you have enough money to change the market yourself (or you and couple friends) why would you care about indicators. I mean if the indicators show that price will be going down you can just buy a lot of coins and increase it while everyone expects a drop, same applies to indicators showing the price going up and you can sell bunch of coins and drop the market. It means indicators doesn't really apply to you. You are an indicator by all yourself.

A whales moves is an indicator on where the coin price will go. Just do whatever you want and profit from the moves you made yourself. Just buy a lot of coins, let it go up and then sell them whenever you feel like you made a profit. Price will fall even harder maybe so you can buy it back as well for cheap. Being rich gives you these kinds of privileges.

Klausi

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Quote from: peter0425 on January 30, 2019, 10:27:11 PM

Quote from: wayancrypto on January 30, 2019, 09:55:28 PM

I think so, whales just do what they want. They easy to pump and dump the price, and as retail trader we have to follow them. In 2017 all crypto was pump multiple times and after that huge dump, and whales been do that. We can not avoid pump dump action in crypto market because the market cap still low, so that will be more easy to pump.

The thread got me thing. Yes, it's possible that those whales doesn't care about any analysis though because of their deep pocket. Of course its better to buy in dips, but I'm speculating that they are willing to buy at any price and then manipulate the market on their favor, not far fetched, in my opinion. And its very evident specially that we're in the bearish market right now.

Bearish market is the hindrance why the whales cannot move out on their plans. Once there's a huge potential to increase market profit, I think the whales will be back again and will make our world go round. Same as what happened last 2017 we're surprised, and again that will be the scenario being expected by many.

peter0425

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Quote from: wayancrypto on January 30, 2019, 09:55:28 PM

I think so, whales just do what they want. They easy to pump and dump the price, and as retail trader we have to follow them. In 2017 all crypto was pump multiple times and after that huge dump, and whales been do that. We can not avoid pump dump action in crypto market because the market cap still low, so that will be more easy to pump.

The thread got me thing. Yes, it's possible that those whales doesn't care about any analysis though because of their deep pocket. Of course its better to buy in dips, but I'm speculating that they are willing to buy at any price and then manipulate the market on their favor, not far fetched, in my opinion. And its very evident specially that we're in the bearish market right now.

fiomcorka

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Quote from: sinkfish on October 30, 2018, 08:31:36 AM

they wouldn't be call big whale if they need indicator, they are THE indicator. most of us traders make our move according to market movement. due to big whale move large amount of crypto and cash around the market that affected market movement. what we saw on market movement is actually result of previous trading, it is nothing related to future market movement.

We always move at low level while whales always capture our movement and they play on big ground. We have investments or capital traded in like some hundreds or some thousands, but they play with more than lacks. That’s why they called whales. Their moves manipulate the market trends. Buying and selling are deeply affected by their movements.

wayancrypto

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I think so, whales just do what they want. They easy to pump and dump the price, and as retail trader we have to follow them. In 2017 all crypto was pump multiple times and after that huge dump, and whales been do that. We can not avoid pump dump action in crypto market because the market cap still low, so that will be more easy to pump.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: Diced90 on October 30, 2018, 05:20:44 PM

I disagree with you on this because I believe that technical analysis is actually important or if not that at least following the news and I also think that big investors also care about this when looking to buy coins because otherwise they might just as well throw that money away - which is unlikely.

Thing is Technical Analysis is not everyone's cup of tea. It a totally different branch and it needs intellectual and educated people to actually understand and apply it. Not that every next door get-rich-quick wannabe trader would be able to profit from it. What happens is that due to peer pressure some wannabes like the OP, enter the market hoping to make some profit by their "friend" who gave them some tips of TA. Fact is most people are like that wont use their own brains to decide their trading methods.

End of the day the "friend" goes to a profit because they sold when the person in question bought and thats what they were actually doing altogether. Trying to pump so they could dump.

perla

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Quote from: Mahanton on October 30, 2018, 05:37:56 PM

Quote from: Thanasis on October 30, 2018, 04:28:20 PM

Quote from: Zadicar on October 23, 2018, 07:41:07 PM

Everyone needs an indicators to predict the next move, it's just like patterns that you read the movement of your enemy but instead of enemy, we call it as a price, stocks, marketcap, etc. Without this we are going blind and it is too hard to predict the next movement of the crypto currency but with such patterns on the chart you can tell already on what would be the next crypto currency that's going to pump and the next one to dump.

The indicators are just the signs but it is not a fact that it will come true always so most of the people don't follow the indicators or any technical analysis but still they were doing this as gambling and made money if they are lucky enough.

With this volatile market we can really say that this is similar to gambling but I don't believe that most people are treating it this way.We know that market is very volatile so we are aware that
any analysis will not really be precise as we predicted but atleast we have our own ways to utilize it even its not accurate but it is always a better option.

Like what everyone said, no one can predict market because many factors that affect it. But do analysis by ourself is good because we can do this thing to trade in other coin or other trading activity. it is better than lucky guess where market will go.

Mahanton

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Quote from: Thanasis on October 30, 2018, 04:28:20 PM

Quote from: Zadicar on October 23, 2018, 07:41:07 PM

Everyone needs an indicators to predict the next move, it's just like patterns that you read the movement of your enemy but instead of enemy, we call it as a price, stocks, marketcap, etc. Without this we are going blind and it is too hard to predict the next movement of the crypto currency but with such patterns on the chart you can tell already on what would be the next crypto currency that's going to pump and the next one to dump.

The indicators are just the signs but it is not a fact that it will come true always so most of the people don't follow the indicators or any technical analysis but still they were doing this as gambling and made money if they are lucky enough.

With this volatile market we can really say that this is similar to gambling but I don't believe that most people are treating it this way.We know that market is very volatile so we are aware that
any analysis will not really be precise as we predicted but atleast we have our own ways to utilize it even its not accurate but it is always a better option.

Diced90

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Get'em boys

Quote from: arpon11 on October 23, 2018, 03:06:16 AM

The whales and big investors did not need indicators both (technical and fundamentals indicators) before buying or selling Cryptocoins. This has just made me to believe that the indicators are just there for me and you to lose money and not to make money as the price will still go against you no matter how intelligent you are in technical analysis. The market seeing to make it own mind and that is to say the whales push it to any direction they decide at a particular time.

I disagree with you on this because I believe that technical analysis is actually important or if not that at least following the news and I also think that big investors also care about this when looking to buy coins because otherwise they might just as well throw that money away - which is unlikely.

Thanasis

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Quote from: Zadicar on October 23, 2018, 07:41:07 PM

Everyone needs an indicators to predict the next move, it's just like patterns that you read the movement of your enemy but instead of enemy, we call it as a price, stocks, marketcap, etc. Without this we are going blind and it is too hard to predict the next movement of the crypto currency but with such patterns on the chart you can tell already on what would be the next crypto currency that's going to pump and the next one to dump.

The indicators are just the signs but it is not a fact that it will come true always so most of the people don't follow the indicators or any technical analysis but still they were doing this as gambling and made money if they are lucky enough.

roosbit

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Random coins :)

Whales might not want the technicalities of the crypto ecosystem but as far as I know they are smart enough not to fund a shitty project which tells me they have the basic information to steer themselves away from shitcoins, so indicators are needed at all levels, the only difference is the interpretation of the data at hand!

Maxpips

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The Whales buy and sell based on when other traders are buying and selling.

Because they buy and sell in such large amounts, the whales can only buy a Crypto when lots of other traders/investors are selling it, and can only sell when lots of other traders/investors are buying it.

In other words....

When the price is rising, the whales CANNOT buy. They only buy when the price is falling, as that's the only time when enough people are willing to sell to them. Same goes for selling. The whales CANNOT sell when the price is falling. They can only sell when the price is rising, because that's when lots of other traders/investors are buying.

They can't sell unless others are buying and can't buy unless others are selling.

dunfida

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Quote from: Xardasim on October 30, 2018, 03:53:52 PM

Quote from: binhvo1505 on October 30, 2018, 11:25:00 AM

Quote from: arpon11 on October 23, 2018, 03:06:16 AM

The whales and big investors did not need indicators both (technical and fundamentals indicators) before buying or selling Cryptocoins. This has just made me to believe that the indicators are just there for me and you to lose money and not to make money as the price will still go against you no matter how intelligent you are in technical analysis. The market seeing to make it own mind and that is to say the whales push it to any direction they decide at a particular time.

I totally agree with your thoughts. Many people still use techniques to analyze price charts but I think it's useless. This is a psychological battle between investors and whales. If you catch up on it, you will definitely be rich. Otherwise, you will die. That's the rule and we can not do anything else! Grin

If the technical analysis always showed the price correctly, why do we need more analysis? We cannot erase this due to occasional analysis errors. Whales can go at the time of recession contrary to the chart. Their power is not inexhaustible and if you see this as a problem, why do you engage in trade?

Technical analysis doesn't really give out a guarantee that it can work just on Forex market,How much more if we do talk about Crypto
which we know this had been very volatile anytime that will cause such failure on most analysis out there which is being used.The thing we can talk
about Whales is that they can make decisions depending on what they are trying to do and since they have the capability its either they would
line up with technicals or completely derailing into their own.

Xardasim

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Quote from: binhvo1505 on October 30, 2018, 11:25:00 AM

Quote from: arpon11 on October 23, 2018, 03:06:16 AM

The whales and big investors did not need indicators both (technical and fundamentals indicators) before buying or selling Cryptocoins. This has just made me to believe that the indicators are just there for me and you to lose money and not to make money as the price will still go against you no matter how intelligent you are in technical analysis. The market seeing to make it own mind and that is to say the whales push it to any direction they decide at a particular time.

I totally agree with your thoughts. Many people still use techniques to analyze price charts but I think it's useless. This is a psychological battle between investors and whales. If you catch up on it, you will definitely be rich. Otherwise, you will die. That's the rule and we can not do anything else! Grin

If the technical analysis always showed the price correctly, why do we need more analysis? We cannot erase this due to occasional analysis errors. Whales can go at the time of recession contrary to the chart. Their power is not inexhaustible and if you see this as a problem, why do you engage in trade?

binhvo1505

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Quote from: arpon11 on October 23, 2018, 03:06:16 AM

The whales and big investors did not need indicators both (technical and fundamentals indicators) before buying or selling Cryptocoins. This has just made me to believe that the indicators are just there for me and you to lose money and not to make money as the price will still go against you no matter how intelligent you are in technical analysis. The market seeing to make it own mind and that is to say the whales push it to any direction they decide at a particular time.

I totally agree with your thoughts. Many people still use techniques to analyze price charts but I think it's useless. This is a psychological battle between investors and whales. If you catch up on it, you will definitely be rich. Otherwise, you will die. That's the rule and we can not do anything else! Grin

jrrsparkles

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Quote from: arpon11 on October 23, 2018, 03:06:16 AM

The whales and big investors did not need indicators both (technical and fundamentals indicators) before buying or selling Cryptocoins. This has just made me to believe that the indicators are just there for me and you to lose money and not to make money as the price will still go against you no matter how intelligent you are in technical analysis. The market seeing to make it own mind and that is to say the whales push it to any direction they decide at a particular time.

The indicators are for the people who want to go with the market consition but the whales means owing huge amount of cryptos so they can make the market consitions in their way so they no need any paramenters or analytical skills because they have money.Its everything! Sad

sinkfish

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they wouldn't be call big whale if they need indicator, they are THE indicator. most of us traders make our move according to market movement. due to big whale move large amount of crypto and cash around the market that affected market movement. what we saw on market movement is actually result of previous trading, it is nothing related to future market movement.

Osarman

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Quote from: pedangrusak on October 23, 2018, 06:30:35 AM

if your statement is true and absolute then all we have to do is guess the direction the whale is moving, when we are behind them all will win even if you don't have any skills. Is that true?

Two very wise comments here. Of course the Whales do not need any indications and signals. They rather make the indications and signals as they have huge capitals to influence the market.

So they have no fear to loose because it is the common man who needs to fear and yes if you are able to get an insight into the direction in which the Whales would move, you would be on the safe side unlike those who act after the transactions are done and in that case suffer the consequences.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: gtglener on October 25, 2018, 07:41:24 AM

It still perturbs me when I actually see a person who sees technical analysis as something that is irrelevant.

Did you not know that the population of the world is 99% idiots and the remaining 1% are the ones with brains among which the ruling class exists. The reasons idiots will never improve is that they take their emotions and false logic in front of them but deny what is actually scientific. Of course TA maybe not be 100% accurate but it is one the methods to analyse the market.

Quote

You are plainly right bro, as whales are just more like any other trader, and the only difference here is that they are market makers and based on their level of input on the market, it can actually cause some participation but at the same time.

Whales are not necessarily a very important person. In face the whales wont be found in forums like this. If whales would be considered as the people making the market then the people in this forum at least 90% of them are the slum-dwellers.

If someone cant handle market indicators to analyse then they should blame themselves for not having patience to do so.

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