Trading Bitcoin Question - page 2. | Bitcointalksearch.org

exceedinglife

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Thanks everyone for the comments and suggestions.

I suppose I will work on my next idea instead of trying to find a "Whale Group"

I am working on a trading bot in C#, It will be just like a limit sell but with some 'if' statements in it.
When I have it finished I will have it so I set a price to sell. If it drops to that price itll sell,
but ill also have it so in case it goes back up to buy it back so I dont lose much if any.

It'll be using a combination of limit orders and with a stop order for the lowest point.

Again thanks all for the comments, I greatly appreciate it.

If we have any C# developers that wanna get in on this program with me.
I feel like it will be a decent way to make a profit once everything is functioning perfectly.BTC

gantez

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That's can be called manipulation. Maybe it can be from a telegram group especially for new coin but for bitcoin, I can't really make a point whether whales do that or they just spontaneously buy or sell depending on what speculation they know, have or want to do. I do know however that manipulation is possible but can't know if it is a group work.

Review Master

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Quote from: exceedinglife on May 05, 2020, 08:57:39 AM

.
The more people that could be in on those actions the more the market could be controlled for that little bit of time,
and the more money all the people in on it could make together. Wink

Lol, trying to control the market is too ridiculous. Even whales won't do that. Just looking for water in the desert. Always try to do own research about bitcoin or other cryptocurrencies to make profit as well as idea about that market. Thus anyone can surely gain the ability of more correct prediction and also can make money. Wink

Twentyonepaylots

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Quote from: danherbias07 on May 06, 2020, 08:26:34 AM

Well, that is a big step forward and I bet you won't just find them anywhere.
If there is a legitimate group of whales that are fooling around then it must be a VIP group which you can't just easily walk in.
Finding them is like looking for a needle in a stack of hay.

I think even whales don't want to be that manipulative with the market, they can just really impact on the market their every move is big compared to others. What I also think of these whales is that they have no interest in knowing the other whales coz that would be intimidating if you guys won't team up so you'll end up screwing each other anonymously. If you are looking for whales, you'll see their names in alphanumeric style.

maydna

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Quote from: DoublerHunter on May 06, 2020, 04:59:52 AM

Quote from: pakhitheboss on May 06, 2020, 04:01:30 AM

You mean to say Pump and Dump signal, I guess.

Stay away from those you will lose more than earn.

^ Definitely right, just believe in your self and dont rely upon pump and dump group. There are no telegram groups that may teach you how or when will be the best time to join in the trading for a sure profit. Big whales can definitely manipulate the outcomes on a trading period and that is always favorable to their side. We barely know that the pump and dump on bitcoins price are unpredictable might as well just be more cautious in doing a trade regardless of time.

I agree with both of you. Just do what you know in trading while you should learn more about trading so you will have more chance to make a profit than the other people. It is about how you can learn as much as you can to trade base on the current situations at the market so you can see the opportunity for you to buy low and sell high.

Don't depend on the Pump and Dump signal because they only use you to make their profit. You will get in trouble if you follow their signal because they already buy the coin at a low price, and they announce the coin name to their channel so that the people can buy with buy instant. But they will sell their coins to make a big profit from the people. But you have the choice whether you want to join with them or not, but the suggestion will stay away from them and don't follow their way.

danherbias07

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Does that mean you want to be a part of a manipulative group?

Well, that is a big step forward and I bet you won't just find them anywhere.
If there is a legitimate group of whales that are fooling around then it must be a VIP group which you can't just easily walk in.
Finding them is like looking for a needle in a stack of hay.
Worse, you will find a fake group which imagines they have lots of coins or just scammers.

GreatArkansas

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Quote from: exceedinglife on May 05, 2020, 08:57:39 AM

Is there a place whether it be a Forum, IRC Channel, or anywhere that many people go Traders, Hedge funds, Normal People, etc.
That people who own a lot of bitcoin go and all plan on saying we are going to sell at this price at x time or buy at xyz time.

When you see those Rises and Falls in the market at a specific time.
Where do people go to plan those?

This is kinda a paid channel or premium channel from other traders or groups of traders also. Like a trading signal group based on what you told. So probably, you can find some that are using Telegram or Discord also. There are some users who post this kind of service under the Services section of this forum too. Just beware, some of them may be a scam and also risky, they are not 100% sure.

hugeblack

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Bitcoin market capacity is much higher than being manipulated by a group of 4 or 5 people and therefore you will not find such groups, at least in BTC trading.
You can find them for some unknown altcoins and do not recommend them.
You can find groups for people who like to talk about price fluctuations and therefore you can find pleasure in talking to them and learn some basics ---------> https://bitcointalksearch.org/topic/wall-observer-btcusd-bitcoin-price-movement-tracking-discussion-178336, but they do not control the price and do not know when it will rise or fall.

DoublerHunter

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Quote from: pakhitheboss on May 06, 2020, 04:01:30 AM

You mean to say Pump and Dump signal, I guess.

Stay away from those you will lose more than earn.

^ Definitely right, just believe in your self and dont rely upon pump and dump group. There are no telegram groups that may teach you how or when will be the best time to join in the trading for a sure profit. Big whales can definitely manipulate the outcomes on a trading period and that is always favorable to their side. We barely know that the pump and dump on bitcoins price are unpredictable might as well just be more cautious in doing a trade regardless of time.

pakhitheboss

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You mean to say Pump and Dump signal, I guess.

Stay away from those you will lose more than earn. They were very famous in 2017-18 when Bitcoin was shining up in the sky. Nowadays they still exist but it is very risky.

logfiles

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You are 3 years late... Pump and dump signals where famous back then in 2017 in platforms like bittrex but it was majorly with ALTS.
If you are looking for such groups of individuals forget about it. Even if they existed they would never reveal themselves to the public to make the strategy work effectively.

carlfebz2

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Quote from: exceedinglife on May 05, 2020, 08:57:39 AM

Hello everyone,

I have been wondering for quite some time now,
Is there a place whether it be a Forum, IRC Channel, or anywhere that many people go Traders, Hedge funds, Normal People, etc.
That people who own a lot of bitcoin go and all plan on saying we are going to sell at this price at x time or buy at xyz time.

When you see those Rises and Falls in the market at a specific time.
Where do people go to plan those?

I would love to get in on those actions and to join in on the trading on the specific times.
The more people that could be in on those actions the more the market could be controlled for that little bit of time,
and the more money all the people in on it could make together. Wink

So you do particular talking about some whale groups.Do you really think that you can find out those groups easily if ever? They surely exist but those will really be just for whale members itself and wont tend to let
some puny investors to join up the pack and able to know on what would be their plans ahead on market price.All will surely love to join up that particular group because we do know that we do have the most
advantage or money making opportunity on high chances if ever we successful joined up to these groups even on minimal margin or market price movement as long these whales move
then thats already a plus.

rexxarofmoknathal

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Quote from: exceedinglife on May 05, 2020, 08:57:39 AM

Hello everyone,

I have been wondering for quite some time now,
Is there a place whether it be a Forum, IRC Channel, or anywhere that many people go Traders, Hedge funds, Normal People, etc.
That people who own a lot of bitcoin go and all plan on saying we are going to sell at this price at x time or buy at xyz time.

When you see those Rises and Falls in the market at a specific time.
Where do people go to plan those?

I would love to get in on those actions and to join in on the trading on the specific times.
The more people that could be in on those actions the more the market could be controlled for that little bit of time,
and the more money all the people in on it could make together. Wink

Unfortunately, although you're asking the right question, there is no such Legitimate place. There are however small groups, on Telegram and similar social media platforms attempting this but often is characterised by people in the same boat as you. I'm afraid there isn't a easy to go to place where you can learn how/when to buy/sell. Trading in itself is a learn built experience...

Paycoinzzz

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Quote from: exceedinglife on May 05, 2020, 08:57:39 AM

Hello everyone,

I have been wondering for quite some time now,
Is there a place whether it be a Forum, IRC Channel, or anywhere that many people go Traders, Hedge funds, Normal People, etc.
That people who own a lot of bitcoin go and all plan on saying we are going to sell at this price at x time or buy at xyz time.

I would love to get in on those actions and to join in on the trading on the specific times.
The more people that could be in on those actions the more the market could be controlled for that little bit of time,
and the more money all the people in on it could make together. Wink

It is considered price manipulation in the crypto market and it happens too often. but doing that is very difficult, you have to have a wide range of relationships and they are all guys who have a lot of money, I mean the money that can manipulate all the whales that get in their way .
This is a battle for the whales and it's also very tough. If you plan on creating such a group then you should give up. Small fish like us just make the whales richer. they have a system to know all the information of people, from which they can devise a reasonable plan to manipulate the whole market. The game is not as simple as you think dude Wink

mk4

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I don't think people "plan" those legitimately. If there actually is a sort of "whale group", I'm pretty sure the group would only consist of a select few people that can contribute in some way, not like those typical "trading groups" that are filled with random people.

On the other hand, if what you're thinking of is a "pump and dump" group, no. Just no.

exceedinglife

newbie

Activity: 3

Merit: 0

Hello everyone,

I have been wondering for quite some time now,
Is there a place whether it be a Forum, IRC Channel, or anywhere that many people go Traders, Hedge funds, Normal People, etc.
That people who own a lot of bitcoin go and all plan on saying we are going to sell at this price at x time or buy at xyz time.

When you see those Rises and Falls in the market at a specific time.
Where do people go to plan those?

I would love to get in on those actions and to join in on the trading on the specific times.
The more people that could be in on those actions the more the market could be controlled for that little bit of time,
and the more money all the people in on it could make together. Wink

Topic: Trading Bitcoin Question - page 2. (Read 321 times)