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Topic: When they does push the button of Bullrun? (Read 285 times)

member
Activity: 120
Merit: 44
Stay Humble and Stack Sats
June 17, 2023, 09:34:12 PM
#25
it wouldn't be weird if they back depositing money into the exchange if the news has started conducive.
I often to see people playing with fire, but it's very brave if sacrifice their wealth.
legendary
Activity: 2352
Merit: 1041
Smart is not enough, there must be skills
Now I understand why they withdraw from exchange (binance)
What you understood?

Did you think people withdraw coins from Binance because Binance is sued by SEC.
Yes, no one believes exchange anymore,
You never know how many users still trust the exchange to store assets there?
I'm sure it's a lot of people sticking with the exchange, but I did always advise a lot of people to keep their assets in a private pick wallet with the SEC news incident with Binance obviously there must have been panic and made them withdraw all the assets there and it wouldn't be weird if they back depositing money into the exchange if the news has started conducive.
legendary
Activity: 966
Merit: 1042
#SWGT CERTIK Audited
what is means if alot of bitcoin transfer from exchange to unknown wallet?, Is they understand if Not your key not your BTC? or they know if the button has been pressed.

Most of the time when we think like any whale is moving out from the exchange there are maximum chances that we are wrong because from the Exchange's Hot wallet wherever there is a large amount of transaction it's the exchange itself. They just use to move the extra funds (Non required on the Liquidity) from their Hot storage to the Cold storage for security reasons.

A whale who is actually a whale in the market never trusts anyone for his fund's security, I haven't seen a whale holding funds on Exchange at least from a long period after the last Bull Run. With the passage of time, the centralization is ending reasons there all the services provided by the centralized exchanges are now available on DeFi platforms and even better services are more transparent so the Not your Key Not your fund concept now doesn't need to be promoted because it's the basic stance now for everyone.
member
Activity: 120
Merit: 44
Stay Humble and Stack Sats
Now I understand why they withdraw from exchange (binance)
What you understood?

Did you think people withdraw coins from Binance because Binance is sued by SEC.
Yes, no one believes exchange anymore,
hero member
Activity: 1316
Merit: 727
Right, what we have to mind is the cycle and the upcoming halving. I guess if someone is looking for a sign then that's the sign that we're nearly gonna see the bull run again and that's every time Bitcoin halves or after it.
When you understand Bitcoin cycle, you can plan your investment, DCA and don't feel too panic with bad news. Bitcoin cycle can change in future too but if you believe in history, you will have stronger hands.

Now I understand why they withdraw from exchange (binance)
What you understood?

Did you think people withdraw coins from Binance because Binance is sued by SEC. or fud against Binance?

It is one of reasons but not all and if you only withdraw your coins from Binance because of such reasons, you forgot something more important. Being self-custodial with your wallet and your coins, Binance and other centralized exchanges don't give you it.

Reminder: do not keep your money in online accounts
member
Activity: 120
Merit: 44
Stay Humble and Stack Sats
Now I understand why they withdraw from exchange (binance)
sr. member
Activity: 406
Merit: 360
what is means if alot of bitcoin transfer from exchange to unknown wallet?, Is they understand if Not your key not your BTC? or they know if the button has been pressed.
Transfer of bitcoins from one wallet to another doesn't mean that the price of bitcoin will be affected. Most times maybe the bitcoin owner might have gotten a better secured wallet than that which he was using,for instance an exchange wallet. He can transfer his bitcoin to a noncustodial wallet for him to have total control of his funds,since these exchanges cannot be trusted. We have seen and heard of such information but the price of bitcoin hasn't been affect for this transfers.
hero member
Activity: 2954
Merit: 725
Top Crypto Casino
. So stop thinking about the whales and exchanges,instead think on adding more btc to your wallet.
I can't let to not think them because both is always make the price dump.
I guess you're seeing those whale alert tweets and that's making you wonder that they're really a big thing. But no, you observe again when there are huge transfers from exchanges to an unknown wallet or from an unknown wallet going to an exchange. There's nothing new with these and just set your mind that these are normal occurrence in the market that has to be done by anyone else. Before I was like that and I give meaning with such moves but then, as the market matures, you'll get to see that these transfers are just normal and nothing significant to think of. Because whether we're in a bull or bear run, this happens.

If you are a bitcoin investors, learn about its halving and four year cycles and use your money to DCA it.
Right, what we have to mind is the cycle and the upcoming halving. I guess if someone is looking for a sign then that's the sign that we're nearly gonna see the bull run again and that's every time Bitcoin halves or after it.
hero member
Activity: 1316
Merit: 727
what is means if alot of bitcoin transfer from exchange to unknown wallet?, Is they understand if Not your key not your BTC? or they know if the button has been pressed.
You never know what is the purpose behind those transactions to withdraw bitcoin from exchanges to personal wallets. They can do it to mislead investors and traders too and if you follow those transactions, to find reasons and make your decisions with trading or investment, you might be manipulated by whales.

Don't time the market and don't let whales manipulate your decisions. If you are a bitcoin investors, learn about its halving and four year cycles and use your money to DCA it.

https://dcabtc.com/
member
Activity: 120
Merit: 44
Stay Humble and Stack Sats
. So stop thinking about the whales and exchanges,instead think on adding more btc to your wallet.
I can't let to not think them because both is always make the price dump.
sr. member
Activity: 350
Merit: 255
February 03, 2023, 07:25:34 AM
#15
what is means if alot of bitcoin transfer from exchange to unknown wallet?, Is they understand if Not your key not your BTC? or they know if the button has been pressed.
Transferring bitcoin from an exchange to a noncustodial wallet by whales is because they want to take full control of their coins and also it might be that they don't trust that exchange anymore and want to transfer it to another exchange. Last year FTX crash,made so many investors to know the the major disadvantage of keeping their btc is exchanges which affected them directly or indirectly. This has nothing to do with the increase in btc price,demand and supply is what controls bitcoin price. So stop thinking about the whales and exchanges,instead think on adding more btc to your wallet.
mk4
legendary
Activity: 2716
Merit: 3817
Paldo.io 🤖
February 03, 2023, 12:19:29 AM
#14
But, remember the situation where more bitcoins are being deposited into exchange wallets, we do have bear market and then why not we assume about the reciprocal now?

Because while I'm not saying that they will — whales' bitcoin that have been withdrawn to their own wallets can just as easily be deposited back in to the exchanges when they want to. Pretty simple.
hero member
Activity: 2492
Merit: 586
February 02, 2023, 01:55:02 PM
#13
what is means if alot of bitcoin transfer from exchange to unknown wallet?, Is they understand if Not your key not your BTC? or they know if the button has been pressed.
That is what we call, ""whales filling their bags"". For those who have whole lot to invest, the current price is not too bad if they are going in for long term, and most of the whales keep buying throughout the period when the price was dropping or even going up since they can benefit from both sides.

Not sure what this has anything to do with a bull run.
But, remember the situation where more bitcoins are being deposited into exchange wallets, we do have bear market and then why not we assume about the reciprocal now?
full member
Activity: 756
Merit: 133
- hello doctor who box
February 02, 2023, 07:25:54 AM
#12
That is some guy with lots of money who buys a lot of bitcoin and transfers it to his wallet, where he has full control of his assets.
they know if the button has been pressed.
There is no button to press other than deposit and withdrawal. I think they pressed the withdraw button to transfer the assets to their wallet from the exchange.
legendary
Activity: 2072
Merit: 1315
February 02, 2023, 06:28:13 AM
#11
what is means if alot of bitcoin transfer from exchange to unknown wallet?, Is they understand if Not your key not your BTC? or they know if the button has been pressed.
Could be an indicator that whales are trasnferring bitcoins to their own wallets. Since recent news about centralized exchange got become an issue as storing of coin might (surely) be compromise if the exchange pop into some serious troubles like ftx did. It does not mean they bought that from exchange, it could be seen on chain.
sr. member
Activity: 686
Merit: 403
February 01, 2023, 12:23:25 PM
#10
It's simply one of the hundreds whales out there doing their thing as usual, whales buy bitcoins and move them off centralised exchanges to their non custodial wallets or hardware wallets, so this has nothing to do with the bull run.

This thought of yours is kinda funny though, hope you aren't storing your own Bitcoin on any crypto centralized exchanges? It's foolishness to do such after what happened with FTX.
hero member
Activity: 714
Merit: 521
February 01, 2023, 11:11:54 AM
#9
what is means if alot of bitcoin transfer from exchange to unknown wallet?, Is they understand if Not your key not your BTC? or they know if the button has been pressed.

Moving your assets from a centralized exchange to a personal wallet that is decentralized does not make any changes to bitcoin price, I've seen alot of newbies getting too concerned these days about what triggered the bitcoin price, the simple answer is not the whales or the exchanges, it's the demand and supply, and when we talk about bullrun, we normally experience such on every four years interval that set a major drive to bitcoin ATH for its price while we are close to having or after the event, bullrun also occur on other occasions aside this major event but a new ATH may not have been set then.
hero member
Activity: 2856
Merit: 541
Leading Crypto Sports Betting & Casino Platform
February 01, 2023, 09:57:46 AM
#8
what is means if alot of bitcoin transfer from exchange to unknown wallet?, Is they understand if Not your key not your BTC? or they know if the button has been pressed.
Why send bitcoins from exchanges to their personal wallets if it's a bull run? They move their bitcoins to their personal wallets to guard against unwanted things and so they can keep full control over their assets. The bull run button will be pressed when the time comes. You just need to wait for that moment while preparing your bitcoins to sell at peak prices. No need to worry about anything because bitcoin will rise on time.
member
Activity: 323
Merit: 12
February 01, 2023, 06:02:05 AM
#7
That doesn't mean anything specific. You can't call a bull run just because someone or even a few people withdrew their BTC from exchanges. Maybe they want more security, maybe they know that something is wrong with the exchange, who knows?
hero member
Activity: 1764
Merit: 694
[Nope]No hype delivers more than hope
February 01, 2023, 03:30:28 AM
#6
-snip-
Is they understand if Not your key not your BTC?

Well that's one of the reasons, only when a case of hacking or fraud causes people's awareness of self-control to increase, lol.
Next, who knows. As for them by no means rest from their trading activities if they want. Bitcoin trading is actually more advisable to do p2p.
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