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Topic: There is no doubt that the crypto world is a game of the big whales (Read 1871 times)

sr. member
Activity: 1722
Merit: 309
That is true that this market is more often controllable by the whales because they got the money to buy a lot of stocks of a certain coin which is very profitable for them but for the small timers like me, doesn't have the chance to earn good amount of money unless we all know the possible moves or action of a whale so we can ride them and not miss out the opportunity.
member
Activity: 195
Merit: 10
It’s mostly the problem for those who play in a short term. I mean that the “big whales” can make the rate go up and down from time to time. But they won’t change the main principle: ”the price only rises in a long term”. So if you are planning a long term investment, no big whales will stand in your way.
sr. member
Activity: 675
Merit: 254
So far so good
Off course big whales are very active in the cryptoworld, there is money to make.
They are also heavily involved in other markets like Nasdaq, Dow Jones, etc.
full member
Activity: 182
Merit: 111
full member
Activity: 154
Merit: 100
I'd say not just crypto, but all the other markets too.

Lots of opportunities out there for the small fish. Very time consuming though (and risky).

Follow their game, BTFD and ride the waves!  Cool



legendary
Activity: 2380
Merit: 1343
Look at the charts, suddenly all green and pumped a lot
This is not good to the ecossystem of cryptos in a long term, the big whales are playing a lot, this is not the "organic" market

we have to evolve a lot if we want the cryptos to be in real world, used by people in general

What do you think guys?

Well such is life, it cannot be avoided and to coin a phrase
"money makes money"
but these actions in the markets can be beneficial even to
us minnows we can ride the waves created by the whales
and we too can make gains for ourselves.

It just takes a while to learn how to react correctly to these waves!
full member
Activity: 251
Merit: 100
As many of us has experienced it and learned from it,

Market dump is usually first caused by said whale, then the stop loss orders hit, and then the inexperienced trader panic sells.
After that, the whale buys back.

We are all responsible for these types of movement on the market
member
Activity: 98
Merit: 10
Whales are just as much slaves to the market movement as everyone else and even worse so because they can't easily dump their bags.
Yes they can manipulate prices with big orders but the problem is that is very risky because another whale or a bunch of users regularly destroy such buy or sell walls.
legendary
Activity: 1240
Merit: 1001
Thank God I'm an atheist
I sound very anti-bitcoin. I'm not. But the truth is a lot of very rich and powerful people are looking to make cryptocurrencies fail, and this could be when they make their move. Take a couple of million in losses, but drop the market cap of all crypto by billions...

May I ask you who are those people and how do you know about their plans?
legendary
Activity: 1292
Merit: 1000
Sure, whales are playing their games. But that will only last for as long as the mainstream doesn't catch on. Once a substantial portion of currency moves into the crypto-markets, whales won't be able to have such a large influence anymore, then things will look more like the stock market.

The same games are being played in every tradeable market by the way, so this is nothing new. It also helps you make more accurate predictions if you are willing to invest enough time into studying abstract scenarios of "what if".
member
Activity: 106
Merit: 10
giants may cry too
Look at the charts, suddenly all green and pumped a lot
This is not good to the ecossystem of cryptos in a long term, the big whales are playing a lot, this is not the "organic" market

we have to evolve a lot if we want the cryptos to be in real world, used by people in general

What do you think guys?

Well in reality the more big whales come ,less those pumps gonna affect certain currency's ..so sooner or later free market will figuire it out..the problem is that every huge whale gonna have a currency of it own
full member
Activity: 168
Merit: 100
developer work as delivering custom of return with the systematical manage on finale a offering service to public audience.
as different field of the business to calls with the use of advantage as relying on retain as displacing potentials with the occupation of blockchain design of the cryptocurrency finance with the dedication.

hero member
Activity: 882
Merit: 544
Look at the charts, suddenly all green and pumped a lot
This is not good to the ecossystem of cryptos in a long term, the big whales are playing a lot, this is not the "organic" market

we have to evolve a lot if we want the cryptos to be in real world, used by people in general

What do you think guys?
Crypto world is really a game of big whales, but usually they can only manipulate a coin temporarily so when someone tries to manipulate the price, just ride in. This is the organic environment of crypto now, but even if that's the case big whales can't control it forever. If it would be widely used though, those big shots will have a really hard time manipulating the market, so when that time comes, maybe you will see your ideal organic market.
sr. member
Activity: 910
Merit: 252
yes of course its the game of big whales no doubt on that so now i am just following the rule to reach top by doing hard work and lots of research for investing in crypto market .At last effort will pay .
full member
Activity: 402
Merit: 116
Its a good day if you're one of these guys:
full member
Activity: 145
Merit: 100
This is true but that doesn't mean smaller fish can't make money in this market either. Look at low cap projects with future potential value, improve your trading knowledge and understanding of blockchain technology. If you can get an edge on the market you can make money whether you're a small fish or a big whale.
newbie
Activity: 27
Merit: 0
There are three kinds of bitcoin owner - those holding for the long-term, those looking to cash out into fiat, and those thinking that moving to an alt-coin will protect them from a large fall in value. While the former two are good ideas, the latter is totally pointless. All alt-coins track bitcoin more or less, and if bitcoin tanks you can bet your last dollar all the other alt-coins will too.

If you're thinking of moving to an alt-coin, i highly recommend you cash out into fiat or gold while you wait for this to blow over - at least if you're holding a substantial amount of money in crypto. If you think you're going to get rich buying bitcoin at $1500, you may be in for a shock when all "investors" pull out of crypto all together due to the extreme volatility and bad result.

I sound very anti-bitcoin. I'm not. But the truth is a lot of very rich and powerful people are looking to make cryptocurrencies fail, and this could be when they make their move. Take a couple of million in losses, but drop the market cap of all crypto by billions...
sr. member
Activity: 434
Merit: 250
Look at the charts, suddenly all green and pumped a lot
This is not good to the ecossystem of cryptos in a long term, the big whales are playing a lot, this is not the "organic" market

we have to evolve a lot if we want the cryptos to be in real world, used by people in general

What do you think guys?

Well,I agree that crypto world is really a game of big whales. This investment is really a risk. It is not cheap to acquire cryptocurrencies/units but I think this can also be a good opportunity for people who can be considered as small because gradually they will be able to adapt and acquire units too but of course it takes a lot of hardwork
legendary
Activity: 1190
Merit: 1000
Look ARROUND!
I think what these whales do is a good opportunity for small fishes like me.
In this case, small fishes can be wise and use the opportunity. I mean they can buy coins in low price and sell them in higher price.  But unfortunately lots of these small fishes are eaten by those whales. They buy coins in high price and after falling prices, get into a panic and sell their coins as they aren't patient enough.
If the coin works and the technology for the coin is constantly being updated with new things that most coins don’t have then the coin should receive the proper price increase that it deserves. I wouldn’t want to invest in a coin and wait for some kind of pump to happen because the odds of that happening is very small compared to making money on a legit coin.
Whales can only do so much if the coin is legit.
sr. member
Activity: 462
Merit: 250
The rise and fall in prices are not uncommon in the market, and certainly because of several factors not only a handful of powerful whales but also small fish take over there.
Choose the right step to observe the movement before this month master the negative path of our mind.
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