Topic: Whales keep getting richer and richer while everybody else is losing... - page 9. (Read 2152 times)
November 26, 2019, 06:11:00 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.
November 26, 2019, 04:30:31 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.
November 25, 2019, 05:45:48 PM
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.
This is to be expected, it is well known that the majority of traders lose all their money in the markets, and it is also known that only a minority of the traders that earn any money in the markets get any significant profits, so there are only two options, you give up trading become a long term holder and wait for the recovery of bitcoin, or you begin to imitate the movements of those whales on your own and begin to get similar profits, while many will prefer to follow the second option by far the best and safest option is the first one. 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.
November 25, 2019, 02:11:48 PM
Not exactly..... if whales earn through influencing the prices why not follow them? You can't possibly know what they can do next but you can react to it rapidly once it had happen. Some call it "ride the wave" others call it "follow the trend" but both says the same thing and that is following the current movement of what is happening in the price chart. You might not have the same profit or returns as what the whales have but the trend is your friend and that is how you can maximize the profit in your trades and you can't even go against it in the first place.
Aside, whales are not that very influential to the traders, traders does influence the whales so they'll come up with traps in the market and they just have huge impact compared to us since they are holding bunch of money. Solution is pretty basic, just follow the trend. If you can't lose them, join them.
I think you got it the other way around. Whales are the ones influencing the prices and not the us small time traders that can't even make a dent in the overall volume that's why we are the ones following the trend and the whales are the ones creating it. You might ask if whales are that powerful why they didn't change anything when an 18 month bear run has happened. It's because they wanted to accumulate more Bitcoin at it's lowest price and they don't want to trigger any kind of bull run during that time, we also have news regarding their accumulation stage during these past months. Just like what I have said other than following the trend you can also see some hints where you need to start accumulating and when you need to start offloading as the numbers of the whales can always be seen online.
November 25, 2019, 01:48:53 PM
They already have strategy, fund and knowledge to survive not richer than other. So far I know whales have financial circle to manage their strategy. Unfortunately we only have half and just first step not hole circle and this part should find before too late. Become everything is fine but like or not we will back to zero again, trust me.
Whales do possess more money than others but in no way, this means crypto currencies can only be bought by them. Anyone can become whale if he buys a little amount of bitcoin and trade with it. It would take some time but gradually his holding will increase. Being born with a silver spoon in mouth is luck but not struggling for that live is personal decision. Such complaints wont bring anything. We wont get back to zero. 
November 25, 2019, 01:26:34 PM
Not exactly..... if whales earn through influencing the prices why not follow them? You can't possibly know what they can do next but you can react to it rapidly once it had happen. Some call it "ride the wave" others call it "follow the trend" but both says the same thing and that is following the current movement of what is happening in the price chart. You might not have the same profit or returns as what the whales have but the trend is your friend and that is how you can maximize the profit in your trades and you can't even go against it in the first place.
This is what I have to say at the back of my mind. Isn't it just us? that is making this always big deal for them when they earn such massive amount? They gamble very hard so it's either they will win or lose very hard. These whales are rich and can afford to lose, when they lose, they double the risk until they win, there is infinite chances for them. Aside, whales are not that very influential to the traders, traders does influence the whales so they'll come up with traps in the market and they just have huge impact compared to us since they are holding bunch of money. Solution is pretty basic, just follow the trend. If you can't lose them, join them. November 25, 2019, 12:13:32 PM
~snip~
This is actually what you are suppose to do in most markets. In Crypto you need to follow the whales and in stock trading you need to follow the banks and institutions buying and selling certain stocks. The problem is that even though some of this data is available for free its usually delivered late.
For example the leaderboard is updated around 9Pm Asia time. So even though you get a daily update, it will usually come way too late. And with stocks is also similiar. Various companies like the Berkshire Hathaway list what stocks they own and when they sold them, it doesn't list the price but you can figure it out by looking at the dates, however this information will come very late usually.
November 25, 2019, 01:03:23 AM
This is not a problem because they can just manipulate the market and we can still keep up if we have the right position and not to lose our money. And joining a hype in uptrend is really a good idea and a strategical way since we can just do a target price for buying and selling.
And i think whales are not always winning and they have a lot of losses too.
And i think whales are not always winning and they have a lot of losses too.
November 24, 2019, 05:52:26 PM
I think it is a fallacy that whales always win.
The space does not just have one whale but multiple whales.
Whales will always win if they collude and in cahort.
This is never the case.
Whales do pit against one another and one of them will have to lose when the other wins.
The space does not just have one whale but multiple whales.
Whales will always win if they collude and in cahort.
This is never the case.
Whales do pit against one another and one of them will have to lose when the other wins.
November 24, 2019, 10:39:47 PM
Not exactly..... if whales earn through influencing the prices why not follow them? You can't possibly know what they can do next but you can react to it rapidly once it had happen. Some call it "ride the wave" others call it "follow the trend" but both says the same thing and that is following the current movement of what is happening in the price chart. You might not have the same profit or returns as what the whales have but the trend is your friend and that is how you can maximize the profit in your trades and you can't even go against it in the first place.
This is actually what you are suppose to do in most markets. In Crypto you need to follow the whales and in stock trading you need to follow the banks and institutions buying and selling certain stocks. The problem is that even though some of this data is available for free its usually delivered late.
For example the leaderboard is updated around 9Pm Asia time. So even though you get a daily update, it will usually come way too late. And with stocks is also similiar. Various companies like the Berkshire Hathaway list what stocks they own and when they sold them, it doesn't list the price but you can figure it out by looking at the dates, however this information will come very late usually.
November 24, 2019, 05:47:22 PM
In a market such as crypto coins that do not yet have regulation or control, small investors will surely lose money while other large investors will earn money. In fact, this is the case in other markets with regulation and government control. Although there are some restrictions and controls in other markets, large investors manage prices as they wish and cause small investors to lose money. It's the trade, somebody has to lose so somebody else can win. If everyone would win, if the markets were always optimistic, this system would already have collapsed. Somebody has to hurt so somebody else can win.
If everyone wins, whose gonna lose? That is the reality here, someone wins and someone would also lose. We better have to accept that those whales are good enough in trading quite giving them a huge chance that they possibly win over the others than of losing. This is a market competition and might whales also are competing others just to take advantage of small players. 
November 24, 2019, 04:57:58 PM
In a market such as crypto coins that do not yet have regulation or control, small investors will surely lose money while other large investors will earn money. In fact, this is the case in other markets with regulation and government control. Although there are some restrictions and controls in other markets, large investors manage prices as they wish and cause small investors to lose money. It's the trade, somebody has to lose so somebody else can win. If everyone would win, if the markets were always optimistic, this system would already have collapsed. Somebody has to hurt so somebody else can win.
In cryptocurrency, there is a huge investor and trader, and we called the "whales" they are the one who holds a large amount of bitcoin and their every trade it affects the whole market. There is an article told a whale transfer for over a million dollars amount and just paid for 0.32 dollars, and this is so imbalance that release and transfer a large amount of money. The government cannot take any action. They don't know how to handle the situation and where's the money came. One of the problems for the government using bitcoin and other cryptocurrency does not have any taxes involved.
November 24, 2019, 04:35:14 PM
Well Bitmex is a very controversial market, its volume is due to the army of bots so impressive that they have, in addition 24 hours they are operating and they are mostly bots because they mostly enter with orders of 1 contract, and they are many at the same time, of That way there will always be volume.
However, there are ways to operate the Bitmex market with strategies after liquidations, and to ensure profit it can be leveraged but with low risk, maybe with a maximum 10x 25x, because the most frequent settlements are in 100x and 50x, to regret that when they want they liquidate them all. However it is possible to win a couple of times, they have an arbitration with a lot of tolerance with respect to all the Exchanges, it is really good if you want to feel the adrenaline to the fullest.
However, there are ways to operate the Bitmex market with strategies after liquidations, and to ensure profit it can be leveraged but with low risk, maybe with a maximum 10x 25x, because the most frequent settlements are in 100x and 50x, to regret that when they want they liquidate them all. However it is possible to win a couple of times, they have an arbitration with a lot of tolerance with respect to all the Exchanges, it is really good if you want to feel the adrenaline to the fullest.
November 24, 2019, 03:45:38 PM
In a market such as crypto coins that do not yet have regulation or control, small investors will surely lose money while other large investors will earn money. In fact, this is the case in other markets with regulation and government control. Although there are some restrictions and controls in other markets, large investors manage prices as they wish and cause small investors to lose money. It's the trade, somebody has to lose so somebody else can win. If everyone would win, if the markets were always optimistic, this system would already have collapsed. Somebody has to hurt so somebody else can win.
November 24, 2019, 03:15:35 PM
Not exactly..... if whales earn through influencing the prices why not follow them? You can't possibly know what they can do next but you can react to it rapidly once it had happen. Some call it "ride the wave" others call it "follow the trend" but both says the same thing and that is following the current movement of what is happening in the price chart. You might not have the same profit or returns as what the whales have but the trend is your friend and that is how you can maximize the profit in your trades and you can't even go against it in the first place.
November 24, 2019, 01:38:06 PM
whales have the ability to play with prices
Even more, the whales afford to lose. This allows them do more risky gambles, which can pay much better too.
But it's also interesting that everybody wants to get profit and everybody blames the whales if they don't get that or it's smaller, forgetting that every penny of profit comes from other trader's pocket.
November 24, 2019, 01:27:14 PM
There is no point to worry about whale manipulating power. A smart trader is to observe the pattern and follow to benefit from it at sane time. The whaling power do shift , so is for one to aspire to get there but it needs a steady plan of accumulating by buying when the deep calls.
This is true.Inspite on worrying about their advantages then why not use that thing for ourselves too? An indeed smart trader would know to go along with the flow because its impossible for a good trader not to take advantage of that thing.The hardest part of this one is on to know
on when the market shifts out and this is some sort need of some luck for you to be profitable because if not then youre getting a bad entry specially
if you are doing short trades.
November 24, 2019, 12:53:59 PM
There is no point to worry about whale manipulating power. A smart trader is to observe the pattern and follow to benefit from it at sane time. The whaling power do shift , so is for one to aspire to get there but it needs a steady plan of accumulating by buying when the deep calls.
November 24, 2019, 11:43:39 AM
whales have the ability to play with prices, ordinary traders can set long-term orders and use the smallest leverage, especially for futures options don't get stuck with hourly movements, only need to increase capital to increase the durability of futures, whales will more easily move quickly at one time, and we can defend ourselves from liquidation.
November 24, 2019, 06:45:20 AM
They already have strategy, fund and knowledge to survive not richer than other. So far I know whales have financial circle to manage their strategy. Unfortunately we only have half and just first step not hole circle and this part should find before too late. Become everything is fine but like or not we will back to zero again, trust me.
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