Well of course, they do not need any indicators they are whales for Christ sake. You do not need indicators if you are beating all of indicators and doing whatever you want anyway. I mean you would basically require a whale to do it and millions of dollars but take a look at the volumes of the coins if you do not believe it.
Depending on the coin the "whale" changes value, if you mean whale for bitcoin you need millions of dollars but if you have it than you can basically check out what indicators says and not care about it and just do the opposite because you have enough money to do it and not care about it. Of course, on smaller coins that amount becomes cheaper and you can basically still control that coin and the market of it by just doing whichever direction you want and keep buying or selling and controlling it and no indicator could guess what you are doing.
Topic: The whales need no indicators! - page 5. (Read 921 times)
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.
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.
Do you call a person a whale based on what they call themselves? Then you are wrong. A whale is a big investor or a big buyer of coins. Can be your neighborhood "richboi of richdad" who bought crypto thinking its going up to moon while its a shitcoin going down. Thats also a whale. It can be a venture capitalist who take TA into account and has been watching the market like everyday and thought that this was a time to buy in.
You are a fool if you think TA is bullshit. This is a selective biased opinion of some people who have lost money and an expression of the hidden frustration of days of hodling and seeing red markets. If you cant handle it then you should not venture into crypto.
What really makes them a whale is just their big trade volume and nothing else, and for a normal environment, technical analysis is something that is useful for the whales down to the lower chain of small fishes, except that most times, they always have an edge.
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 thinks you have an probability of thats what you stated about the big player of this cryptocurrency investment that they dont need an indicator to determine the data chart of cryptocurrency investment because they can manipulate in there own ways by commanding with there own authority of when should they doing the pump and dump situation in the market.
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 only thing they need most of the time is actually the ability to read emotions on the charts, but believe me, they know much about technical analysis as well, and they make use of that to their advantage, knowing the response that would be gotten at some points that would likely favor them. However the thing about a whole lot of them is that they have nothing much to worry about as long as the market remains purely speculative, which is what makes it very easy for them, in the aspect of the market getting even more matured and getting used in real life, I guess it is something that would really be of great help to the space, and whales will not really be having more of an influenced.
The whales are in control and this is so because of the volume they are holding. The always influence the market and create the type of sentiments they wanted for their own profits not minding who is hurt by their actions. This will now explain why a lot of traders lose money because you are always trading against the trend set by the whales unless you were just fortunate to be on the side that they have pre-decided to trend then it is your payday. We must continue to trade but must be careful. Beware of the Whales.
I would not be that negative, although I unserstand your points. But still, I believe the whole community has more influence on the market, than a couple whales, especially in Bitcoin, which is surely the most stable coin now.
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.
Why do they need to look for indicators when the market will go towards they’re position because when they buy cryptocurrency for sure many will ride to the price growth they provide as huge volume is what the market will experience because of tthisThe thing is,if we will not only turn to be a observant and smart about what is the markt bringing us,because mostly we become a victim by this whales pumping tactics
Crypto market has low cap and volume so its will be easy to manipulate by whales. So to make profit we should also follow the whales, technical analysis actually help us to predict when whales bought and sell their crypto, like we can see it from the candletisck pattern.
The whales and big investors did not need indicators both (technical and fundamentals indicators) before buying or selling Cryptocoins.
I don't believe this is true. Even big investors have to rely on some data before hitting that buy/sell button. Many of them became a "whale" because they know how to analyze and they would be rekt if they would just ignore those data.
Do you have other data that could back your statement? Or this is plainly your own opinion?
TA and indicator is a visual representation of current market condition. just like a map. then you can guesstimate what to do next. what happen next is 50/50 chance of success. dont forget their other people who have the same capability as you do. know yourself, know your enemy.
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.
Really skeptical of your explanation right there bud. So when you are saying that "whales push it to any direction" do they win the trade on expense of our money? Are we always losing and they are winning big? I am aware that the this market is still on it's infancy stages so huge pile of money could affect the price action, but it won't apply on high marketcap coins like btc because a whale without using any indicators could get rekt. Maybe you are saying that this could apply on low cap coins like on top 600 above, there, even 1BTC owner could be considered as whale
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.
I think the whales also need to understand the market to know the right timing to inject the fund, it may seem like they don't need any analysis to put their money but I am sure that they have their own speculation and timing, wrong movement could be fatal
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 encourage you to please read the below post to clear some misconceptions about the whales,
https://blog.chainalysis.com/reports/bitcoin-whales-oct
Hope this article will help you to understand that whales are not manipulators! I know my reply is little off-topic but the quoted statement made me reply here.
Good read. To answer OP, whales are only those with deep pockets that yes have an influence in some degree to the price action. Most of the time they buy when no one is buying and mostly sold their position then they move the market when they think either using funda and technicals as their bias. The market will not always go with them for sure as they don't control whose going to follow.
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.
Well if whales just bought and sold without any analysis or thought then it would be a great situation for us because they'd be losing money and we'd be able to profit from that. Everyone needs to think through their decisions and they also need to realise that just because analysis suggests one thing does not mean the opposite can happen, it sounds like you need to work on that especially.
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.
However, in my opinion trading without analyzing will cause expense of trader and he needs the chance to make a profit. Imagine, if he wants to enter the market at a time of panic, he turns from whale to fish.
It is also possible that you say, but I know only Satoshi who has enough Bitcoin.
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.
Okay then, if that is what you see then go with their flow.
But how the hell are you going to do that?
That is why we have technical analysis and I do think the time when whales are going to make a big trade should also be considered with that analysis.
We need a man on the inside. But how much will that person should be paid to exceed the price that the whales are giving to him?
The whales and big investors did not need indicators both (technical and fundamentals indicators) before buying or selling Cryptocoins.
My question is: who are these whales? Where are these whales? because nobody shows any whales? What do these whales gain?
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.
if we assume that there are whales, because as I have never seen any whales, then I do not believe that there are whales and that these whales devote their time to manipulate the market in their own benefit
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 do not believe in the existence of whales, so I believe that the movement of prices is only related to supply and demand
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.
Whales =? Normal they wont rely on those things yet they can drive out the market if theyd wanted to unless if majority of them would decide on where the price should go.
Traders=? Its not a valid conclusion that we arent benefiting with those analysis both technical and fundamental.Havent you consider into those profitable ones?
Yes, that is the power of money. They control the market in currency and the good or bad news does not affect the cost of Cryptocurrency. So many people think this is a sin market and I agree with that. Here, the only people who can make a lot of money!
How is this a sin market? Firstly, people love pumps and dumps, but they don't like manipulation. It's contradicting in every possible way, especially with how it once again points out that people are hypocrites.
They think it's fine as long as it allows them to make money, but bad if it causes them to lose money. The world doesn't work that way. People need to suck it up and grow a thicker skin. What else is there to do?
Secondly, big money in a market severely lacking liquidity always causes significant price movements. It impossible to cash out or buy millions worth of coins at once without the price moving 5-10%.
You could say why don't they slowly buy or sell, but that comes at the risk of other large players either selling or buying. In other words, deep pockets have to act quick in order to do what they think is necessary.
Jump to: