Topic: Whales Every time change the market?? - page 2. (Read 2406 times)

No, not really the approach to trade or hodling. We need to know the direction of market or price. This is called positional trade or trading with the trend. If you want to trend, is better to try and understand where the trend is, by that, you make your profit with ease and very fast. If we have the altitude of just entering the market without knowing where market direction is, we are likely to be losing or staying longer than expected.

As yourself, do you enter a bus, flight or whatever moving gadgets without knowing its direction 
Or, do you dive into an ocean without knowing how to swim Ir where the waves are...

Just buy and hold, only whales know where the price will go.

I think so, we don't have much capital to influence the market, so why don't you follow how whales think? I think when you can go with the flow of whales when to buy and sell, then you will not get a loss, instead a large profit will follow you. don't go against the flow of what the whales are doing, because they have a big influence on the market. almost all crypto markets especially altcoin are very easy to influence by whales so in my opinion you should know their movements.

Well, I think that whales are like Market Makers in the Stock Market, according to some books like Jesse Livermore's, the news is simply distractions, Market Makers have already planned their movements months and even years in advance.

The market must be analyzed from a very partial point of view, in my case I analyze the market in the long term until it reaches a very short term (4h) and using the Wyckoff methodology, all you have to do is try to understand how Whales operate, and although it is not created, whales also have losses, very rarely, but if they do, the market is full of Bears and Bulls, they want to show their strength at all times.

To determine what you should do, it is simple, to study the market in all its phases, since it started in 2009 until today, you will find parameters, stages, some are repeated, that way you will have more arguments to draw your own conclusions and thus disagree with some predictions that are made.

Isn't it this so called whales manipulation started in 2017? Media took it in the next levels, but so far we have seen proof of big entities in the market trying to manipulate the price. People complained about them, but when this so called whales moves the market positively, we totally forget about it and everyone is very excited to see our portfolio growing. With that said, I think this entities can also bring positive movement in the price as much as they can also cause a sudden dip. It's really us to us average joe's to understand and how to play the market game with them.

Well spoken. People think of whales as a group of wealthy individuals trying to constantly manipulate the price, while whales are actually trading against each other just as much as we trade against traders with a similar trading balance.

This market lacks liquidity big time. If a whale wants to buy or sell, the price organically moves a few percent to have their trades fill. In the process they may trigger long/short squeezes exaggerating the move even further.

No word about manipulation is seen when we go up because people like it and see their portfolio value increase. Only when the price goes down people start talking about manipulation, and that just because they are losing.

You are right and this is what im doing even the patterns isnt the same anytime but somehow you do have basis that it might happen again. Whales might have negative image into others but i cant deny that they are indeed having benefits if you do know how to utilize price movements made by them.
The only question here is that we wont know on when these whales are tending to move.You can only detect it when you are on mid way.

when the whales appear to be free in moving prices, they also have strategies that sometimes benefit us, the market sometimes needs them especially if the trend is sideways.

Although our capital is not as much as they have, there is no harm in understanding how they think and we just need to adjust, because trends sometimes emerge with patterns that are similar to things that happened before.

They are part of the community, what they did is just their strategies as well which is no reason why we put blame with them in times that price moves downward. Cause in my part, I'm so thankful of whales existence whoever who they are, it gives chances for us make a good price to buy and helping to make a profit as well. Those people who complain are those persons who never understand the risk in crypto and the way it works.

But if you keep getting angry with the whales, The best way to know what the whales are intending to do is to monitor their orders. This is possible by checking on the market for either pending order for sale or buy, you can then make your own decision.

You won't say them or believe as what you said if you have an ability and knowledge to trade especially the technical analyst strategy. You can ask on this forum how many people here who have made a lot profit through technical analyst in every trade they pass I guess it is a loot. The whales act only happen once a time, not all price movement based on them.

It is not good to believe negative thinking that you have to gain money through trading. If you believe that cryptocurrency is one place to gain money then I suggest to forget that think but if you don't I suggest to you to find another place to store your money. You can focus to learn more about how to trade on this place and don't store your money first seems like it will harm you for sure.

If anyone has the ability to predict the market exactly then they are not called humans, rather than complicating things if you make and have a simple plan anyone can succeed in trading, first and foremost get rid of the idea about making a fortune in a short period of time, invest when the market drops and have a calculation on how much profit you are expecting and how long you are planning to hold and then make a call about selling, never sell anything in a panic mode when the market drops, it will recover eventually.

  No, don't think so negatively. The whales still work on charts and psychology of traders, then they make decisions to manipulate prices.
Therefore, technical analysis is essential and it is also knowledge that helps us lose less.
Believe me, TA will definitely help you a lot in stressful transactions.

It is supply and demand that determine the price of bitcoin and understand on how the demand and supply works will help you do what the whales are doing and makes profits along with them. Remember what will really make you successfully as a trader is not either you are whale or not but the knowledge and experience on when to buy when the experts and whales are buying and when to sell when they are selling. We always sift responsible because we thought some one is having big advantage over us because of his capital but we have equal advantage.

It's not new whales are always there are manipulating the price of the market if you see whales pumping a coin don't hesitate to join them because it will lead you to a trap the price of the coin which you buy is higher will suddenly going back to down which is the lower price you buy that's the thing happening to me. Always be patience all the time don't be much greedy when whales controlling the market and also don't be stressed out.

That is how the market is right now. The market has been controlled by the whales and we can't do anything about it. Don't stressed yourself in trading especially if whales are controlling the market.

In my observation, the whales in the exchanges are only pumping those low volumed coins so the best thing to do is to trade with the coins with a high daily volume. How can you sell your Bitcoin at a correct time?? Impossible because you can't predict the future especially in Bitcoin. There is no such thing as correct time in crypto. If you got a profit already then you can say it as a correct time already.

I understand what you feel when the market goes against you. This happens most of the times with most of us and there is no running away from it.
You should learn to make strategies of your own which can make profits despite of this manipulation of market.
Tip: Don't go for the crowd or don't follow anybody. Make your own targets and buy/sell according to your plan. You will definitely see the results.

Very often, people simply exaggerate the whale’s market effect on the price of Bitcoin. A bit more than 30 largest crypto whales control about 7% of the total cryptocurrencies supply, and when you consider the lost BTC, this percentage will drop to 5-4%.
Only several whales are very active, and when they act, they are more likely to support the price of Bitcoin than to let it go down.

Whales control the market but is not all the time that they do that . They are like coming once in a while and when they invest and pump the market then they leave. Any other fluctuation of the market price is caused by the people's rate of demand and not the whales, there are times when the market demand is lower than the supply and there are also times that the market demand is high, that's the time you will see the market price increasing heavily.

You're bit right about what you have said though, because the market price of Bitcoin is quite unpredictable. But you still have to learn how to do a market analysis, it can be very helpful at times. There are times you will be able to get close prediction of something that is about to happen.

So you still need to learn it. And it's not just that, you also need to be reading the news at all times and being current. And whenever you come across some important news you need to do proper research to know whether they are saying the truth or not. There are some news that are able to cause a panic and there are also some news that can cause people to start buying and when they start buying the market starts to increase.

You should also follow analysis online, most of them are really helpful, especially those that are coming from experts.

Whales is always a whale and I believe that there is a possibility to change the market because they have a lot of money to play with it. But make it as your time for buying, just get a perfect analysis of when the whale may buy and you will join with them if you do, surely you will earn profit.