If there is a bounty to earn profits there will be always wales.
Keep the rules open, simple and stable then no whale will survive for long term. Thats ideal capitalism
Stable oligarchy of whales need central (fishy) protectionism. Thats communism
Topic: Whales keep getting richer and richer while everybody else is losing... - page 3. (Read 2144 times)
January 13, 2020, 05:37:08 PM
January 13, 2020, 09:50:44 AM
Whales are major threat for normal traders who make efforts and spend lot of time to collect some BTC,And the whales came suddenly and just disturb your trade.I think to deal with whales and avoid to loose money take trade in long term.
I would love to delete this kind of thought.
They do have lot efforts too, they have made enough money and be a whale, you can too. Instead of blaming them for your loss, I would rather try to compete them or just follow thoughts on making moves so I wouldn't lose my money in my investment.
January 12, 2020, 01:06:55 PM
Whales are major threat for normal traders who make efforts and spend lot of time to collect some BTC,And the whales came suddenly and just disturb your trade.I think to deal with whales and avoid to loose money take trade in long term.
Dont forget t put SL option,and hold till market g in normal. Whales moves are hard t identify when and how much amount of BTC will move no one can exactly predict.Go thoroughly the past trends of markets move the keep eye on the events to make decisions.
Dont forget t put SL option,and hold till market g in normal. Whales moves are hard t identify when and how much amount of BTC will move no one can exactly predict.Go thoroughly the past trends of markets move the keep eye on the events to make decisions.
January 12, 2020, 12:40:09 PM
Loss is an experience of life without which you can't achieve life presumption you would like to achieve success in life then you would like to find out from loss then you'll benefit within the future, However, you've got to form a profit by living here with profit and loss.
January 12, 2020, 12:20:46 PM
And i think whales are not always winning and they have a lot of losses too.
First we need to know how many capital needs to be classified as whale. I do believe the market has whales, mini-whales, dolphins and little fishes. But there is no standard to say someone is a whale.
And, I agree with you since every 'whale' is winning since there are other whales that could have different moves in trading and market isn't controlled by only a single whale. As a little fish in the sea, all we can do is to follow most of whales movements and make money from it, and let the other whales lose their investment.
Basically, whales and fish are the same, if you smart enough to know their thoughts, your percentage of profit could be the same.
January 12, 2020, 12:03:26 PM
That's really true, whales keep manipulating the market so everything is easy to them.
Making money with just a little movement for them is possible and it's more possible because there are investors who risk investing but does not have enough knowledge on what they are doing, that's the reality for now but hopefully small investors will be educated in the future so whales power to manipulate us will decrease.
Making money with just a little movement for them is possible and it's more possible because there are investors who risk investing but does not have enough knowledge on what they are doing, that's the reality for now but hopefully small investors will be educated in the future so whales power to manipulate us will decrease.
Whales is the one of market instruments, they are who can move the price to volatile. Like OP said, trading is zero sum game where there will be a winners and losers, it's depends on your choice.
We can't stop those whales, but we can follow their pattern, although I'm sure it's need a lot effort, time and experience.
January 12, 2020, 11:52:29 AM
In my opinion it's only natural that the whales get richer, while others suffer losses. Because whales have very much capital, with these capital
whales can manipulate the market. So for whales want any market conditions can still be profitable, because whales take advantage of someone's
panic. So if people panic sell, whales will accommodate a coin when the price is low. Then when people panic buy, whales will take profit by making
a dump in market. We really have to be careful when prices suddenly go up or prices suddenly go down, do not rush to take a decision. Because
prices that move suddenly in the market are most likely to be market manipulation of whales.
whales can manipulate the market. So for whales want any market conditions can still be profitable, because whales take advantage of someone's
panic. So if people panic sell, whales will accommodate a coin when the price is low. Then when people panic buy, whales will take profit by making
a dump in market. We really have to be careful when prices suddenly go up or prices suddenly go down, do not rush to take a decision. Because
prices that move suddenly in the market are most likely to be market manipulation of whales.
January 12, 2020, 11:27:20 AM
They are smart, proactive and always taking advantage of every opportunity that they saw. We know such manipulation capabilities and it is not quite new to us this kind of scheme. But I'm so thankful also to my part and because of them, volatility still strong that makes the market more alive and even more profitable when you'll go along with them.
They can read and understand the market very well, that is why it is too easy for them to manipulate it. They became rich because of their strategies and skills that has been develop thru time. We need to have a mindset like them, they are not afraid to take risk, they can experienced losses as well but they are more focus on the good side and how to improve their investments. January 12, 2020, 10:44:05 AM
That's really true, whales keep manipulating the market so everything is easy to them.
Making money with just a little movement for them is possible and it's more possible because there are investors who risk investing but does not have enough knowledge on what they are doing, that's the reality for now but hopefully small investors will be educated in the future so whales power to manipulate us will decrease.
Making money with just a little movement for them is possible and it's more possible because there are investors who risk investing but does not have enough knowledge on what they are doing, that's the reality for now but hopefully small investors will be educated in the future so whales power to manipulate us will decrease.
I can't beleive that everyone thinks how whales are guilty for everything and every.time when price isn't favourable whales are to blame.
I definetely wouldn't agree with that and I think it's irony that everyone claims Bitcoin is independent and on the other hand that is manipulated by individuals or groups of individuals.
January 11, 2020, 04:38:10 AM
Whales is more active in targeting the derivatives market and it is not uncommon to eat traders who are not very ready with their capital strategy. Bitmex is the most crowded market to see them at the moment. We as ordinary spot traders are actually not affected frontally because the portfolio does not refer to liquidation prices. Whales also may not always be able to control the market because they too will definitely fail with certain experiments.
I suppose it is the affect of being a pump/dump all by themselves not only in crypto but all around the world that affects it.The most known thing for example is "warren buffet affect" on stocks, when he buys a stock even if it is actually good or bad, people buy that stock as well thinking he knows what he is doing and that is why he is investing into the stock. If nothing else happens it surely will attract more attention for that stock and everyone will look into it differently, which causes for price to actually go up and makes him right at one point.
Stock didn't go up because it deserved to (maybe it did) but because he bought it, so he himself makes himself rich by investing into anything. That kind of stuff happens in crypto as well when a rich whale buys millions of dollars worth of ANY coin at all.
January 11, 2020, 02:39:43 AM
Noticed something interesting for the past week according to the Bitmex leadership board. For those of you who don't know Bitmex is the largest futures derivative exchange and has the most volume so most whales trade on their for good liquidity. For fun they have a leadership board located at,
https://www.bitmex.com/app/leaderboard
Looking at the board you can see anonymously who is in the top 25. There is also another website that analyzes this data which is located on Coinfarm,
https://coinfarm.online/rank/
And as far as you can see there are 25 spots there, about 9 are inactive traders, 1 trader had a small loss of -4.41 BTC (#7 rank) but the rest were all making amazing profits. Especially rank 2,3,9,16,25 which managed to earn at least > 100 BTC in the last 7 days alone.
My advice, only buy BTC on spot exchanges and never on margin or with leverage. Because if we get a new ATH somewhere in the future you will be left with no BTC to reap the benefits.
Yes, I thank you for warning me. but as far as I know it is at Bitmex which has a copy trading function for all types of accounts. and this is really a huge trap. I have seen Chinese and Russian accounts grow over 25k% in 1 trading month. After that, when I learned more about the information, many people said that those accounts were just bots and it enticed us to copy trading and then lose money. So don't trust the virtual number on the leaderboard, it's just a trap. https://www.bitmex.com/app/leaderboard
Looking at the board you can see anonymously who is in the top 25. There is also another website that analyzes this data which is located on Coinfarm,
https://coinfarm.online/rank/
And as far as you can see there are 25 spots there, about 9 are inactive traders, 1 trader had a small loss of -4.41 BTC (#7 rank) but the rest were all making amazing profits. Especially rank 2,3,9,16,25 which managed to earn at least > 100 BTC in the last 7 days alone.
My advice, only buy BTC on spot exchanges and never on margin or with leverage. Because if we get a new ATH somewhere in the future you will be left with no BTC to reap the benefits.
January 11, 2020, 01:04:22 AM
That's really true, whales keep manipulating the market so everything is easy to them.
Making money with just a little movement for them is possible and it's more possible because there are investors who risk investing but does not have enough knowledge on what they are doing, that's the reality for now but hopefully small investors will be educated in the future so whales power to manipulate us will decrease.
Making money with just a little movement for them is possible and it's more possible because there are investors who risk investing but does not have enough knowledge on what they are doing, that's the reality for now but hopefully small investors will be educated in the future so whales power to manipulate us will decrease.
I can't beleive that everyone thinks how whales are guilty for everything and every.time when price isn't favourable whales are to blame.
I definetely wouldn't agree with that and I think it's irony that everyone claims Bitcoin is independent and on the other hand that is manipulated by individuals or groups of individuals.
Of course, whales will always win and they will still make money this way for a long time so be prepared with the knowledge needed to survive.
January 10, 2020, 06:05:12 PM
That's really true, whales keep manipulating the market so everything is easy to them.
Making money with just a little movement for them is possible and it's more possible because there are investors who risk investing but does not have enough knowledge on what they are doing, that's the reality for now but hopefully small investors will be educated in the future so whales power to manipulate us will decrease.
Yes not about their mind-set but their own planning as they take advantage of New traders by misleading them. They will give fake promises and those who are unaware or having lack of knowledge will listen to them. That’s why new trader who listen to whales and sell their coins will suffer lose while whales will get high value coin at low price.Making money with just a little movement for them is possible and it's more possible because there are investors who risk investing but does not have enough knowledge on what they are doing, that's the reality for now but hopefully small investors will be educated in the future so whales power to manipulate us will decrease.
January 10, 2020, 05:10:14 PM
That's really true, whales keep manipulating the market so everything is easy to them.
Making money with just a little movement for them is possible and it's more possible because there are investors who risk investing but does not have enough knowledge on what they are doing, that's the reality for now but hopefully small investors will be educated in the future so whales power to manipulate us will decrease.
Making money with just a little movement for them is possible and it's more possible because there are investors who risk investing but does not have enough knowledge on what they are doing, that's the reality for now but hopefully small investors will be educated in the future so whales power to manipulate us will decrease.
I can't beleive that everyone thinks how whales are guilty for everything and every.time when price isn't favourable whales are to blame.
I definetely wouldn't agree with that and I think it's irony that everyone claims Bitcoin is independent and on the other hand that is manipulated by individuals or groups of individuals.
January 10, 2020, 01:38:45 PM
That's really true, whales keep manipulating the market so everything is easy to them.
Making money with just a little movement for them is possible and it's more possible because there are investors who risk investing but does not have enough knowledge on what they are doing, that's the reality for now but hopefully small investors will be educated in the future so whales power to manipulate us will decrease.
Yes not about their mind-set but their own planning as they take advantage of New traders by misleading them. They will give fake promises and those who are unaware or having lack of knowledge will listen to them. That’s why new trader who listen to whales and sell their coins will suffer lose while whales will get high value coin at low price. Making money with just a little movement for them is possible and it's more possible because there are investors who risk investing but does not have enough knowledge on what they are doing, that's the reality for now but hopefully small investors will be educated in the future so whales power to manipulate us will decrease.
January 10, 2020, 11:42:05 AM
Whales is more active in targeting the derivatives market and it is not uncommon to eat traders who are not very ready with their capital strategy. Bitmex is the most crowded market to see them at the moment. We as ordinary spot traders are actually not affected frontally because the portfolio does not refer to liquidation prices. Whales also may not always be able to control the market because they too will definitely fail with certain experiments.
Because the mindset of whales are different from a newbie trader or a common trader, they are futuristic and ambitious , they have goals ,so they are risking their money in exchange for a bigger plans and bigger profit, we people are afraid to lose too much when we can gain too much as well. They are focusing on investment rather than loses.
January 10, 2020, 08:43:01 AM
That's really true, whales keep manipulating the market so everything is easy to them.
Making money with just a little movement for them is possible and it's more possible because there are investors who risk investing but does not have enough knowledge on what they are doing, that's the reality for now but hopefully small investors will be educated in the future so whales power to manipulate us will decrease.
Making money with just a little movement for them is possible and it's more possible because there are investors who risk investing but does not have enough knowledge on what they are doing, that's the reality for now but hopefully small investors will be educated in the future so whales power to manipulate us will decrease.
January 10, 2020, 07:38:46 AM
Whales is more active in targeting the derivatives market and it is not uncommon to eat traders who are not very ready with their capital strategy. Bitmex is the most crowded market to see them at the moment. We as ordinary spot traders are actually not affected frontally because the portfolio does not refer to liquidation prices. Whales also may not always be able to control the market because they too will definitely fail with certain experiments.
Because the mindset of whales are different from a newbie trader or a common trader, they are futuristic and ambitious , they have goals ,so they are risking their money in exchange for a bigger plans and bigger profit, we people are afraid to lose too much when we can gain too much as well. They are focusing on investment rather than loses. January 10, 2020, 05:50:10 AM
Whales is more active in targeting the derivatives market and it is not uncommon to eat traders who are not very ready with their capital strategy. Bitmex is the most crowded market to see them at the moment. We as ordinary spot traders are actually not affected frontally because the portfolio does not refer to liquidation prices. Whales also may not always be able to control the market because they too will definitely fail with certain experiments.
Usually whales are not only play in market and also they won't did things alone, there must be a group of whales which having more than thousand bitcoins each. they will spread into many markets and bought the coins that they want to pump (usually a coin with not so big volume). I think big coins won't able to controlled by whales because of the big volume.
January 10, 2020, 05:14:14 AM
Whales is more active in targeting the derivatives market and it is not uncommon to eat traders who are not very ready with their capital strategy. Bitmex is the most crowded market to see them at the moment. We as ordinary spot traders are actually not affected frontally because the portfolio does not refer to liquidation prices. Whales also may not always be able to control the market because they too will definitely fail with certain experiments.
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