Why the whales are inactive during Xmas holidays?

arpon11

sr. member

Activity: 882

Merit: 282

Quote from: cybersofts on December 26, 2018, 06:18:39 AM

After carefully studying the market conditions this morning I finally discovered there is a very small amount of money in circulation. The market lost approximately $18 billion in capitalization in the last 48 hours. There is no strong momentum in the market today, it seems all the whales took off for this special holiday season. What should we do now? Stay on the market and keep monitoring the market behaviors or take off too?

The holiday is over and people have resume trading. As we lose that $18billion you should also note that since two days now some values has been add also. Trading is good when the holidays are over. There is no more distractions now and we are hoping that another bullish trend will commence very soon.
The whales are always the driving force behind any serious assets movements and we can only know when there are investing by following the volume that is indicating in the market. Remember that the whales also do manipulating the market and knowing they mind is far important to you as a trader.

syberwolfen

sr. member

Activity: 790

Merit: 261

Quote from: b3j0 on January 02, 2019, 08:53:08 AM

Quote from: ggeorgeokafor on January 02, 2019, 03:47:51 AM

perhaps the market is dominated now by small fishes who have gathered to push a bull. it cannot totally depend on the whales.

whales can make a significant increase in a short time, but the price increase does not last long and the price will soon fall back. small fish that gather can create a more stable price increase.

Whales are very clever they know what to do when, yes they have the capability of Increase the value of BTC by Investing loads of money also they know how to manipulate when time occurs, When it comes to Crypto trading we need to be very careful while Investing and selling.

b3j0

full member

Activity: 714

Merit: 103

Quote from: ggeorgeokafor on January 02, 2019, 03:47:51 AM

perhaps the market is dominated now by small fishes who have gathered to push a bull. it cannot totally depend on the whales.

whales can make a significant increase in a short time, but the price increase does not last long and the price will soon fall back. small fish that gather can create a more stable price increase.

YuginKadoya

legendary

Activity: 3038

Merit: 1169

Quote from: ggeorgeokafor on January 02, 2019, 03:47:51 AM

perhaps the market is dominated now by small fishes who have gathered to push a bull. it cannot totally depend on the whales.

The strong market movement was not always the whale's fault there are other stuff that is making the market so volatile and the indicator if the market of cryptocurrency is at a pump doesn't necessarily the only thing that whales does, if the market is at the downfall we can still consider that the whales are behind it too, And you are right that the demand of many people can have a certain thing with the volatility of a cryptocurrency.

ggeorgeokafor

newbie

Activity: 58

Merit: 0

perhaps the market is dominated now by small fishes who have gathered to push a bull. it cannot totally depend on the whales.

gabbie2010

sr. member

Activity: 2842

Merit: 326

Vave.com - Crypto Casino

The 'whales' are also considering the impact of Xmas holidays to the price of bitcoin, they might have known that there will be a lot of exchanging to fiat by many hodlers during the Yuletides periods thus playing around or manipulation of the price could also have a great impact on their own side thus have to retract their actions.

Herbert2020

legendary

Activity: 1946

Merit: 1137

Quote from: cellard on January 01, 2019, 11:33:36 PM

Everyone likes to take breaks from time to time and believe it or not, even rich whales have family to visit during xmas holidays, so they aren't going to be fucking around in exchanges placing fake walls to manipulate the price down and keep accumulating cheap coins.

not all cultures/countries celebrate Christmas though. and not all whales are from those countries that do. but since many of them are and the markets are generally less active during this holiday season things grow duller around this time.

Quote

Whale or not, everyone should take a vacation these days, in fact I shouldn't have been posting here or looking at a computer screen at all but I still did.

my holiday comes in spring with the new year being in spring but even i took some time off Cheesy

in anyways happy new year everyone. hope you all enjoy your vacations and come back to a bitcoin rally.

cellard

legendary

Activity: 1372

Merit: 1252

Everyone likes to take breaks from time to time and believe it or not, even rich whales have family to visit during xmas holidays, so they aren't going to be fucking around in exchanges placing fake walls to manipulate the price down and keep accumulating cheap coins.

Whale or not, everyone should take a vacation these days, in fact I shouldn't have been posting here or looking at a computer screen at all but I still did.

777Jolami

member

Activity: 700

Merit: 14

Quote from: liuqi on December 30, 2018, 04:57:55 AM

Quote from: qualitywork on December 29, 2018, 08:42:33 AM

This has been a real confusion for everyone in this forum, if Christmas arrives big whales plan to invest in cryptocurrency but this year the market looks dry BTC should reach atleast 5k till the end of this year.

The recent market is totally undervalued so no one is expected this much result in crypto market. So most of the whales are stay away in christmas holidays, But most of the time market is little green again it will move to red tag so 5k is impossible in next days. I think next year also same value is possible because again Chinese new year will come in first quarter so market is simultaneously fluctuating.

Indeed, the bear market and powerful financial institutions will restart. but based on other objective factors. for example, taxing the transfer of money from banks from one country to another as Trump did with Mexico. That is an objective reason and there are many other factors that push the whale's entry, not only Xmas.

liuqi

sr. member

Activity: 1092

Merit: 257

LuckyB.it is Back!

Quote from: qualitywork on December 29, 2018, 08:42:33 AM

This has been a real confusion for everyone in this forum, if Christmas arrives big whales plan to invest in cryptocurrency but this year the market looks dry BTC should reach atleast 5k till the end of this year.

The recent market is totally undervalued so no one is expected this much result in crypto market. So most of the whales are stay away in christmas holidays, But most of the time market is little green again it will move to red tag so 5k is impossible in next days. I think next year also same value is possible because again Chinese new year will come in first quarter so market is simultaneously fluctuating.

St4yInTh3D4rk

sr. member

Activity: 686

Merit: 264

"STAY IN THE DARK"

Quote from: qualitywork on December 29, 2018, 08:42:33 AM

This has been a real confusion for everyone in this forum, if Christmas arrives big whales plan to invest in cryptocurrency but this year the market looks dry BTC should reach atleast 5k till the end of this year.

But its not going to happen since there is only two days for new year,nothing is permanent everything will be changing from time to time that is why whales are changing their tactics to confuse the investor to bag profits just be ready for everything guys,

qualitywork

member

Activity: 280

Merit: 12

This has been a real confusion for everyone in this forum, if Christmas arrives big whales plan to invest in cryptocurrency but this year the market looks dry BTC should reach atleast 5k till the end of this year.

snipie

legendary

Activity: 3178

Merit: 1140

#SWGT CERTIK Audited

Quote from: Herbert2020 on December 29, 2018, 12:54:16 AM

it has nothing to do with whales but with the whole market. there is less activity in the market so the whales can not earn as much profit as they wish to so they aren't active as much as they should be but they ARE still active and are accumulating which is clearly visible in the market from the volume and the actions that you can see are being taken there.
the accumulation of bitcoin at the bottom is not something you stop just because it is holiday season!

You are right but the holiday season has an impact also on the market making buying and selling less trending. We will see how things will go next week Wink

Herbert2020

legendary

Activity: 1946

Merit: 1137

it has nothing to do with whales but with the whole market. there is less activity in the market so the whales can not earn as much profit as they wish to so they aren't active as much as they should be but they ARE still active and are accumulating which is clearly visible in the market from the volume and the actions that you can see are being taken there.
the accumulation of bitcoin at the bottom is not something you stop just because it is holiday season!

drachman

sr. member

Activity: 756

Merit: 252

Quote from: cybersofts on December 26, 2018, 06:18:39 AM

After carefully studying the market conditions this morning I finally discovered there is a very small amount of money in circulation. The market lost approximately $18 billion in capitalization in the last 48 hours. There is no strong momentum in the market today, it seems all the whales took off for this special holiday season. What should we do now? Stay on the market and keep monitoring the market behaviors or take off too?

We do not really know what it is happening but if the whales really took some time off then it is completely understandable, even if they are very powerful they are like every other person, they need some time to relax and to do something else instead of concentrating in the market and what it is doing every single day, so it could be a good thing if we could do the same.

exstasie

legendary

Activity: 1806

Merit: 1521

Quote from: wuvdoll on December 27, 2018, 11:17:10 AM

On contrary to the popular belief, whales are human too. They do have Christmas parties and they do have vacations and breaks from the finance world as well. I know you think of wall street guys as the 7/24 ruthless money makers but they do go back home every single night, they have regular problems like we have as well, their wives or husbands tell them they don't interact enough too, they too forget to pay the electricity bill or pick up the laundry on the way back home.

You can't just assume they are some sort of money making machines like automated trading bots we have here.

I think most larger accounts these days are using trading algorithms (bots) to enter and exit positions. They use algos like time-weighted average price or automated iceberg orders to accumulate or distribute positions over time. That doesn't require anyone to sit in front of a computer (assuming a given algo is written well with fail-safes in place).

Holidays are prone to whipsaws and slippage because of lower liquidity. That's a good enough reason to turn bots off.

wuvdoll

legendary

Activity: 1442

Merit: 1025

On contrary to the popular belief, whales are human too. They do have Christmas parties and they do have vacations and breaks from the finance world as well. I know you think of wall street guys as the 7/24 ruthless money makers but they do go back home every single night, they have regular problems like we have as well, their wives or husbands tell them they don't interact enough too, they too forget to pay the electricity bill or pick up the laundry on the way back home.

You can't just assume they are some sort of money making machines like automated trading bots we have here. Its Christmas time and they are just sitting at home drinking some eggnog or something and relaxing not caring about bitcoin price at all. We are the weird ones who keep talking about crypto even on Christmas breaks.

mahilchii

member

Activity: 560

Merit: 13

Quote from: gamer4156 on December 26, 2018, 08:46:36 AM

Whales are just waiting for the new year night. I hope there would be an upward movement on 30 and 31 of December. You are right whole world is on vocations now a days. At the end they would have a plan to invest some money. 30 to 35 billion dollars would be enough to change the red trend of the market. It is around 120 billion dollar, it has to cross 150 billion dollar on New year eve.

There is a lot of complications in the market, BTC should reach atleast till 6k in upcoming year to see a reasonable recovery. Yes a lot of them are in vacations and once they come back they might plan to buy coins. Let's wait and see how it goes ahead.

Akoldi_ibk

jr. member

Activity: 1050

Merit: 1

Quote from: cybersofts on December 26, 2018, 06:18:39 AM

After carefully studying the market conditions this morning I finally discovered there is a very small amount of money in circulation. The market lost approximately $18 billion in capitalization in the last 48 hours. There is no strong momentum in the market today, it seems all the whales took off for this special holiday season. What should we do now? Stay on the market and keep monitoring the market behaviors or take off too?

Not only whales are off for a while during this holiday, but other entities that make up the cryptospace may decided to take few moments off just to enjoy life outside crypto. Project Admins, projects team, group moderators and customer services may also respond slowly or not at all to issues during this holiday. Just to say they are taking a break as well. However, the crypto market is on 24/7, and when it seems there is little going on now, one should be watchful as major movement can spring up anytime.

figmentofmyass

legendary

Activity: 1652

Merit: 1483

Quote from: 1Referee on December 26, 2018, 07:44:02 PM

Failed to break $5000? Lol? The price wasn't even close to that level. It couldn't maintain it's position with the $4000-$4200 levels, which is a clear indication that we should remain conservative

slow and steady wins the race. if the bounce happened any quicker i'd be confident it was just a quick short squeeze. a healthy intra-week pullback is great for recharging momentum for a larger leg up.

i think we're headed to the $5000s myself. failed monthly support and the 200 DMA are like magnets. plus, bitcoin is the king of volatility. once it chooses a direction, it moves hard.

Topic: Why the whales are inactive during Xmas holidays? (Read 480 times)