Whales ATM - page 2. | Bitcointalksearch.org

TravelMug

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Quote from: Dondeon on June 13, 2020, 09:48:45 AM

Why do you allow yourself to become an ATM for whales? can't you see that whales are cashing out on you? I know you don't want to miss out of bull run but you need to relax. Whales are taking advantage of your eagerness to cash out on you. A little pump from whales then everyone is rushing in, trust me, whales are waiting to cash out and we are back to where we are coming from. Stop jumping in at every sight of a little pump, when the bull run is really here, we will all know.

It's either you swim with or go against them, simply as that. Of course, you will get REKT if you go against them as obviously they can manipulate the market to their advantage and we small fishes will suffer. But if you have learn to see the pattern you can cash it out yourself when they decided to liquidate.

Of better yet, just HODL good coins. I emphasized good coins because there are a lot of shitcoins out there and they are not being monitored by whales but instead those pump and dump groups. So theres a big difference here.

Twinkledoe

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Quote from: passwordnow on June 13, 2020, 10:24:22 AM

You can also use the whales and you'll use them as your ATM. Cool

It's not that all the time you'll push the whales to be the ones that's taking advantage. You should also look for that opportunity and you make that moment for yourself.

That's how you put it. Even small timers like most of us can take advantage of the situation. As long as you are exercising the simple rule of trading - buy low, sell high, you are already doing yourself a favor. Because if we chase what the whales are up to, you will forget what your goals are.

maxreish

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It is how we handel that whales so we may not become an ATM for them. A trader may not prevent whales especially when they suddenly enter the crypto market. But a wise trader may know how to set stop loss for those whales not to fully get some money from you. Whales are just around the corner, looking for an opportunity to mess us up.

If we can't control them, then we can think of other way on how can we defeat them. Risk management plan is one of our weapon.

coinsycrip09

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i understand what you mean, but you know? we can also use whales to be our ATM.

i thought, haven't we been using each other here?actually we are the same as whales, it's just that they are not greedy, they have set the pump limit and take their profits there then go. if we can do the same thing with whales, i think we can also make whales our ATM Wink

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pakhitheboss

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Whales are known for market manipulation and they survive by cashing out small and medium investors. It is obvious people fall under their FOMO and do what they want them too. Be very cautious when you see a sudden spike in price of your crypto. Remeber buy low and sell high concept always.

Metall303

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it’s very difficult to understand how the whale's act. if everyone could understand how whales earn money and what manipulations they are doing, then the market would not be so volatile and it would be very difficult to make money on it. There will always be some big players who will earn money on ordinary people

mersal

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Why you invest when the prices are rising? You are supposed to invest when it is in bottom so you also can cashout when whales are cashing out so use it for your benefits. Wink

If you don't have enough patience then your investment career may not lasts for too long.

Odebowa

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you are right, big investors tends to be exploiting the newbies investors and others with a crafty means by pumping little fund to encourage investor who are eager for profit, and on the longrun later remove all their money an everything back to square one, so it advisable to exercise patient when taking an investment decision one way or the other.

Thomas-s

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Well, I also think that people are too nervous about local growth or some dumps. I constantly continue to buy until the price is below 10 thousand dollars. we don’t know when the bull will come. now you need to constantly increase your portfolio

New_order

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Well every one can get caught in any FOMO, if everyone is scared of whales no one will invest in Bitcoin and Bitcoin won't make it this far, my advice is to do good research on projects before deciding to hold them for long time, if the project you choose is good enough you won't have to worry about whales dumping on you

South Park

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Quote from: passwordnow on June 13, 2020, 10:24:22 AM

You can also use the whales and you'll use them as your ATM. Cool

It's not that all the time you'll push the whales to be the ones that's taking advantage. You should also look for that opportunity and you make that moment for yourself.

That comes with the territory, not even whales can win all the time the difference is that they are big enough to move the market if they want and that is not true for us, this means they have a decisive advantage over us which is why the holdings of the whales have a tendency to grow over time and not diminish as they keep extracting coins out of us, the only way to avoid this is to have a very defined strategy and never let your feelings take over you, that way you can avoid being the victim of FUD or FOMO.

poodle63

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Quote from: Dondeon on June 13, 2020, 09:48:45 AM

Why do you allow yourself to become an ATM for whales? can't you see that whales are cashing out on you? I know you don't want to miss out of bull run but you need to relax. Whales are taking advantage of your eagerness to cash out on you. A little pump from whales then everyone is rushing in, trust me, whales are waiting to cash out and we are back to where we are coming from. Stop jumping in at every sight of a little pump, when the bull run is really here, we will all know.

I know that but the little shrimps have the intention too like the whales because they were expecting to cash out their money from betting on the bullish trend that has already made by the whales. This is about competition and there will be winners and losers.

passwordnow

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You can also use the whales and you'll use them as your ATM. Cool

It's not that all the time you'll push the whales to be the ones that's taking advantage. You should also look for that opportunity and you make that moment for yourself.

Dondeon

member

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Why do you allow yourself to become an ATM for whales? can't you see that whales are cashing out on you? I know you don't want to miss out of bull run but you need to relax. Whales are taking advantage of your eagerness to cash out on you. A little pump from whales then everyone is rushing in, trust me, whales are waiting to cash out and we are back to where we are coming from. Stop jumping in at every sight of a little pump, when the bull run is really here, we will all know.

Topic: Whales ATM - page 2. (Read 616 times)