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Topic: Things Obviously Are Not That Bad Because Whales Say So - page 2. (Read 377 times)

legendary
Activity: 3542
Merit: 1352
Cashback 15%
Whales are market movers but they certainly don't like to comment much about things. Have you seen an actual whale reveal his position and tell people how to trade? No? That's because before they make their move, they ensure that they already hold the maximum leverage they can get before they sway the markets into their favor.

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Whales are not necessarily smarter.; They were just lucky to have joined the market when no one knew about it.

Nah, they have the money to make even the worst markets become better and capitalize on that to make money, so I guess that can count as smart too.
member
Activity: 364
Merit: 46
That what Im always saying to those who lose hope, this is not the time to panic selling but it is the time to do panic buying but its their money not us we can only give advice to them and in the end of the day it still their decision to make.
legendary
Activity: 3472
Merit: 10611
i don't know why you said "whales say so", since whales are either silent and say nothing while accumulate without letting anyone know or they are the most noisy people around who try spreading FUD to force others to sell so that they can have access to cheaper prices for their accumulation.

in any case things are NOT good or bad because of what whales do. things are good because bitcoin is a solid decentralized currency which still has all of its features that made it good in first place.
legendary
Activity: 3080
Merit: 1353
Whales will be whales, those bagholders are not really affected by the slump because they knew that sooner or later this market will make a reversal, a bounce that can make their money grow more, so why need to sell it? So it makes sense for them to continue what they're doing for most part of this year, buy cheap coins and look at the future.

Sime77 - I think they're getting smarter some of them are lucky but for most, they have deep pockets and has the risk-taker attitude.  Smiley
member
Activity: 291
Merit: 19
If there's something to be written...
Your view about this slump depends on the prism through which you look. Its obviously an opportunity many are missing out on https://cryptoinfowatch.com/cyryptocurrency-whales-are-unfazed-about-losses-as-they-increase-hoard-of-coins/
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