Whales are just playing the market, while the rest of other are just blatantly believing in hodling, and getting pretty rekt as a return. Whales have the if power to influence prices to their favour in addition to trading in all forms of market. Holding no longer pays, best bet is to follow the whales, anticipate their moves and make some profits for yourself.
It is true that the potential profits that a trader can get are many times higher than what a bitcoin holder will get, however you are forgetting that very few traders get any profits in the market, the safest and on average the most profitable path is to be a long term holder, I know that in times like these it may seem like the holders are not really doing that well but as long as you do not sell your coins those losses are not realized and as long as you are holding your bitcoin you have a chance to multiply your capital many times over in a short time. 
Topic: Whales keep getting richer and richer while everybody else is losing... - page 8. (Read 2144 times)
November 30, 2019, 12:34:50 PM
November 29, 2019, 05:34:53 AM
Sad fact whales are getting richer each day because they know what will be the market outcome because of their heavy manipulation on bitcoin markets and the small traders only relying on TAs not knowing that this is a game by whales and we need to ride on them inorder to gain more profit like them.
They control this market and can cause volatility at any time, so it's best to limit trading and find other ways to make a profit. I think whales will often manipulate when there is bad news and make investor sentiment more fearful. 2 years have passed and this market still has not changed much so in the future, the investment demand will be much less because no one is interested in the current market.I have lost a lot of assets from this market and am always worried because I do not know how to make a profit and this year will still be the most difficult year for all investors in this market.
November 29, 2019, 05:08:24 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.
Trading is zero sum, especially derivative trading and if you are a new trader you need to realise that before you over-leverage yourself and get liquidated you need to understand that there is some whale out there who might liquidate you and take your hard-earned BTC. So becareful out there.
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.
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.
Trading is zero sum, especially derivative trading and if you are a new trader you need to realise that before you over-leverage yourself and get liquidated you need to understand that there is some whale out there who might liquidate you and take your hard-earned BTC. So becareful out there.
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.
Wow! That's quite the spot - thanks for this. I think buying BTC on a marketplace like Vertex is also a good option, because one transaction doesn't impact the others. So even whale's can't influence prices on the marketplace.
November 28, 2019, 01:35:43 AM
Whales make the most profit because they are the ones that pumps the price, they know when they will be pumping the price so there is every possibility that they will be the ones making the most profit. But, for someone who is not a whale you can still make a profit. That's why you should always invest and hold for the long term. If you're the type that is always buying out of FOMO and not having strategies, you will hardly profit from it.
Still, as someone that invested and HODL'ed for the long term, the price can go up and the coins you have in your wallet will increase in price. If you're buying, buy an amount you can afford and then store it in your wallet and leave it for a long time.
Still, as someone that invested and HODL'ed for the long term, the price can go up and the coins you have in your wallet will increase in price. If you're buying, buy an amount you can afford and then store it in your wallet and leave it for a long time.
this is usually called spoofing. << snip >> How does it work?
Just pump the prices up to nearest resistance level to create confident among traders like market in bullish mode. Then sell off at higher prices than your pumping prices. Whales can do anything and its vice versa is the most common manipulation to get cheaper prices to buy more. 
November 28, 2019, 12:39:40 AM
I think whales also makes two-way orders. where they make two opposite orders with the same amount. They sacrifice orders with confirmed negative movements, and add orders that already look profitable. Speculation they are using large funds, 50% of losses will be quickly covered with profits up to x2-5.
Yes this is usually called spoofing. Basically you see a very large bid/ask and you automatically follow it, then shortly after the order is pulled and the trade is against you. This happens probably multiple times in a single day. It is so common that I just disregard it whenever I see it.
How does it work? Say price is $10000 and a whale wants to sell his large position at that price. He just puts a large bid at 9999 and his offer at $10000, and when it fills he just pulls the other order and usually price starts to crash because traders got trapped.
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November 27, 2019, 12:38:53 PM
Not everybody can lose but maybe the small traders.
Like you said is not everybody that make lost and that include small traders you mention if the traders have what it takes to survive in the market. Besides, the OP have giving people the right advise about not "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"Not just due to margin trading, whales are getting richer and the rest are losing; it is happening in spot markets too. Probably, it is due to the reason of bitcoin mining allowed early adopters to be whales. They got enough bitcoins to trigger movements on their preferred way. We cannot blame only whales; exchanges are also doing the same as they are also part of bitcoin whales.
November 27, 2019, 12:31:06 PM
Don't react to the sudden price changes will be the best possible solution to save ourselves from the whales manipulation.Whales are also taking risk but they got what they wanted from the traders by immediate reaction on buying or selling.
If you read what the OP said, you'll understand that this was not about reacting to the new sudden change in price of the crypto market but getting people informed about the right procedure in other not to be the whales prey. With that been said, the current change won't save us from the whales for knowledge and simultaneous research is what we need.
November 27, 2019, 11:39:26 AM
Not everybody can lose but maybe the small traders. This is not new just due to crypto markets nor preciously due to bitcoin markets. Manipulations are just part of all the markets and big-shots are eating up the capital of small traders by moving the market directions on their own benefits. When you got the power to move the markets then obviously you will find all the methods to getting richer by making weak hands panic.
Not just due to margin trading, whales are getting richer and the rest are losing; it is happening in spot markets too. Probably, it is due to the reason of bitcoin mining allowed early adopters to be whales. They got enough bitcoins to trigger movements on their preferred way. We cannot blame only whales; exchanges are also doing the same as they are also part of bitcoin whales.
Not just due to margin trading, whales are getting richer and the rest are losing; it is happening in spot markets too. Probably, it is due to the reason of bitcoin mining allowed early adopters to be whales. They got enough bitcoins to trigger movements on their preferred way. We cannot blame only whales; exchanges are also doing the same as they are also part of bitcoin whales.
November 27, 2019, 11:10:55 AM
Don't react to the sudden price changes will be the best possible solution to save ourselves from the whales manipulation.Whales are also taking risk but they got what they wanted from the traders by immediate reaction on buying or selling.
November 27, 2019, 10:23:32 AM
It's amazing to see how much profits Whales could make for only a few days or week of trading. That's what makes a difference between a big trader such as whales and a commoner kind of traders. Since they have a very huge amount assets, that is why even a bit of profit they got is very big to a small traders. Some whales I believe could even move the market's prices as they wanted to, especially if they want to pump a certain altcoins whatsoever. Where there's a winner (In this case it was whales), there's a loser.
I am sure that big whales today profit from ordinary users of the cryptocurrency, because with the help of their large volumes of cryptocurrency they can very efficiently manipulate the cryptocurrency market in order to provoke us not to take adequate actions and thus earn at our expense.
November 27, 2019, 10:01:38 AM
Sad fact whales are getting richer each day because they know what will be the market outcome because of their heavy manipulation on bitcoin markets and the small traders only relying on TAs not knowing that this is a game by whales and we need to ride on them inorder to gain more profit like them.
November 27, 2019, 09:49:23 AM
I think whales also makes two-way orders. where they make two opposite orders with the same amount. They sacrifice orders with confirmed negative movements, and add orders that already look profitable. Speculation they are using large funds, 50% of losses will be quickly covered with profits up to x2-5.
Yes, they do have different strategies too as they are trading large sum of money so they need to make sure that they have the right strategy before anything else. So, most traders will really do that if they are unsure and let us also remember that whales were also once a new trader who don't know at all but took the risk in investing, so what they have earning right now is the fruit of their hardship and sacrifices.
November 26, 2019, 06:07:25 PM
It's amazing to see how much profits Whales could make for only a few days or week of trading. That's what makes a difference between a big trader such as whales and a commoner kind of traders. Since they have a very huge amount assets, that is why even a bit of profit they got is very big to a small traders. Some whales I believe could even move the market's prices as they wanted to, especially if they want to pump a certain altcoins whatsoever. Where there's a winner (In this case it was whales), there's a loser.
I am sure that big whales today profit from ordinary users of the cryptocurrency, because with the help of their large volumes of cryptocurrency they can very efficiently manipulate the cryptocurrency market in order to provoke us not to take adequate actions and thus earn at our expense.When there is dump I can see there always some discussion about it that makes people think the bearish market is coming. Totally understandable if the people just dont want to lose their money.
November 26, 2019, 01:54:33 PM
I think whales also makes two-way orders. where they make two opposite orders with the same amount. They sacrifice orders with confirmed negative movements, and add orders that already look profitable. Speculation they are using large funds, 50% of losses will be quickly covered with profits up to x2-5.
November 26, 2019, 01:35:53 PM
It's amazing to see how much profits Whales could make for only a few days or week of trading. That's what makes a difference between a big trader such as whales and a commoner kind of traders. Since they have a very huge amount assets, that is why even a bit of profit they got is very big to a small traders. Some whales I believe could even move the market's prices as they wanted to, especially if they want to pump a certain altcoins whatsoever. Where there's a winner (In this case it was whales), there's a loser.
I am sure that big whales today profit from ordinary users of the cryptocurrency, because with the help of their large volumes of cryptocurrency they can very efficiently manipulate the cryptocurrency market in order to provoke us not to take adequate actions and thus earn at our expense. 
November 26, 2019, 12:03:54 PM
It's amazing to see how much profits Whales could make for only a few days or week of trading. That's what makes a difference between a big trader such as whales and a commoner kind of traders. Since they have a very huge amount assets, that is why even a bit of profit they got is very big to a small traders. Some whales I believe could even move the market's prices as they wanted to, especially if they want to pump a certain altcoins whatsoever. Where there's a winner (In this case it was whales), there's a loser.
November 26, 2019, 11:53:09 AM
This is just the way world works man. I mean rich people are so rich that sometimes they are making politics and finances hard to even enter for anyone other than other rich people. So what happens? People fail to enter these fields to make it possible for poor people to join as well, couple of poor people making a way into it will try to change things around but unfortunately only the rich people there.
So, not just bitcoin but the whole world turns around the rich people, they have managed to make everyone else cripple under financial debts and so for and now they are basically tingling money at our faces to make us run for them. I hope one day "actually good" people come into affect and stops them from destroying the world even further.
So, not just bitcoin but the whole world turns around the rich people, they have managed to make everyone else cripple under financial debts and so for and now they are basically tingling money at our faces to make us run for them. I hope one day "actually good" people come into affect and stops them from destroying the world even further.
November 26, 2019, 11:14:40 AM
because they have a lot of money. Many of the strategies they use are in conjunction with margin trading exchanges and they take the information of those exchanges and then manipulate the market. This is one of the ways they make a lot of money and small fish often die a lot because of that.
I'm not slander because you can also see the candles have long uncomfortable antennae. it was a sign of killing Long or Short and they continued to be profitable.
I'm not slander because you can also see the candles have long uncomfortable antennae. it was a sign of killing Long or Short and they continued to be profitable.
You may have a point here. pump and dump are real. Right timing is always what we need to have a good profit here. If you have some knowledge in Technical Analysis, then you can decipher whats happening. Though whales moves is sometimes unpredictable, just always have a cut loss.
November 26, 2019, 10:14:41 AM
Its really the reality of it. Its a game of risking a fund. If your risk level is low then you might probably belong to the lowest earner. On the other hand, if your risk level is high then you are probably the highest earner. Indeed, this is all again about who has the biggest capital to risk in. Its a sad reality but we need to live with it. Otherwise, you cannot play the game of chances. All we can do is to go with the flow and just be happy of what we can have. You can't also blame them, its their previlege to have that richness to build it more. The only way we can equal to them is that we are happy of what we have and enjoy the fruits of our little investments.
November 26, 2019, 07:14:53 AM
Whales are just playing the market, while the rest of other are just blatantly believing in hodling, and getting pretty rekt as a return. Whales have the if power to influence prices to their favour in addition to trading in all forms of market. Holding no longer pays, best bet is to follow the whales, anticipate their moves and make some profits for yourself.
It is the smarter move if only we know when they will try to manipulate the market. I do still hold but not as much as I hold before aince it might be too long before the market recover and we need to follow the trend to be able to earn so I trade and considered the events that are happening in real time, but still focus on noting being swayed by FUD. Jump to: