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Topic: Why We People Cannot Think Like Whales 🐋 🐳? (Read 487 times)

legendary
Activity: 2478
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Don't let others control your BTC -> self custody
It's not whales that are manipulating the market. It's the banks and the people who attend World Economic Forum.

I have a conspiracy theory for you OP:
SBF is Jewish, so are his parents who were helping him with a the scam and happily taking millions of dollars in real estate from him. Gary Gensler, who was supposed to oversee FTX and make sure the CEO has the money, is Jewish. Recently we saw news that Goldman Sachs wants to buy some crypto companies. They smell blood in the water and guess what, the bank was established by a Jew.

Before someone labels it as antisemitism, I'm not being anti anything, this is nothing but a bunch of facts.

IMO this was a well-timed attack on cryptocurrencies.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
First of all many members will roast me and will say that where you got such idea, why are you bluffing but this is Bitcoin discussion, so I thought that I should share something.

1) Many Of Small traders always got into the Trap of Whales? Why?

2) There are Always Ponzi Schemes in All Bull runs like 2027 was ICO big Scam
And Now BIG crypto projects Got scammed in 2022 like Terra Luna, FTX, Solana, Serum etc. They are not just coincidence. These are preplanned Scams. And that. Sucks.
3) I think that Big Exchanges that are centralized are Big whales cause they know how much volume they have and how many longs and also Shorts. In this way they can Scam with many many wats. And also that is a small reason that we cannot outsmart Whales 🐋🐳.


If you know the game is rigged against you and you still decide to play then that is your fault, it is true that exchanges and whales in general have a huge advantage over the average trader, but if that is the case then you need to stop playing their game, and how can you do that? Just buy bitcoin and hold no matter what in a wallet you control, this way it does not matter what the whales may do, they will have no chance of ever taking advantage from you.
legendary
Activity: 3010
Merit: 1280
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As a matter of fact, thinking like a whale is the same as thinking like a rich person, and that's just what every person needs if they want to become rich.

I could have been very rich by now if that it true.  We should think and strive hard like rich people if we wanted to get rich.  Getting rich is easier said than done.


While that's a rate thing, otherwise, the vast majority of people would be bitcoin whales. As a matter of fact, whales are patient and this patience pays off just in time. They will not sell themselves and their assets for cheap prices and they always aim to reach a higher target and that's why you see that they usually earn a lot while other people are losing money.

Whales are scheming and they have the luxury of waiting, they dictate the trend of the market so they never get worry because they know when to buy and know when to sell, because after all they are the one dictating the trend of the market.
legendary
Activity: 3234
Merit: 1214
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1) Many Of Small traders always got into the Trap of Whales? Why?

Well, retail investors do not think like whales because the whales have long term vision and most small traders are happy to get little profit. That's the reason in case of a bullish rally the retails usually sell early while whales have their big targets.

In bear times, retail are fearful and do not buy at cheap rates while the whales accumulate in these fearful times. There is a difference in the approach between retail and whales and that is the main reason why whales always win over small investors.
Their buying strategy is too different, they are in the opposite position.
Whales are buying when panic and fear increase while small investors buy during recovery. In that case, whales truly matured when it comes to investment and they can carry high-risk responsibilities pretty much unlike how these small investors do and think. It is all about mindset and market views, whales can perform better because of their long-term targets and they act consistently which we can never see in small investors as more of them are short-term investors and low risk-takers.
Whales will be accumulating when the small traders were in the panic as there is market crash. The small traders have limited fund and they try the best to safeguard the fund, whereas whales in the market have got good sum of money that makes them go for investment when the market is in panic.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
1) Many Of Small traders always got into the Trap of Whales? Why?

Well, retail investors do not think like whales because the whales have long term vision and most small traders are happy to get little profit. That's the reason in case of a bullish rally the retails usually sell early while whales have their big targets.

In bear times, retail are fearful and do not buy at cheap rates while the whales accumulate in these fearful times. There is a difference in the approach between retail and whales and that is the main reason why whales always win over small investors.
Their buying strategy is too different, they are in the opposite position.
Whales are buying when panic and fear increase while small investors buy during recovery. In that case, whales truly matured when it comes to investment and they can carry high-risk responsibilities pretty much unlike how these small investors do and think. It is all about mindset and market views, whales can perform better because of their long-term targets and they act consistently which we can never see in small investors as more of them are short-term investors and low risk-takers.
hero member
Activity: 2184
Merit: 891
Leading Crypto Sports Betting and Casino Platform
Whales i.e those that have a large share of Bitcoin, will become less influential as time goes on. Bitcoin will become a little more diversified, as these whales sell, and that means there are less single entities holding a large share of Bitcoin. You want whales to sell right now, even if that causes panic selling. Since, you want every opportunity for that whale's share to get distributed among several users.

I keep saying this, but the price of today is irrelevant, and users need to stop getting so obsessed with it, if they're planning on using Bitcoin for a long time or always planning to use it. As for Whales being the culprits to some of the largest scams relating to Bitcoin, I mean probably. Although, that's only because these companies that have become successful have managed to amass a rather large share. It's not that every person who buys a large amount of Bitcoin is going to scam.
That is if they sell. These guys are hard to budge if not even to persuade them to buy a portion of their holdings. Although the idea that bitcoin could become a little less whale-controlled is idealistic, I would very much want it to happen in the soonest. Still, with the amount of bitcoins these fellows hold there's no doubt their standing is relatively high compared to ours, the only thing we got going for us is we outnumber them in quantity.


I would agree with the notion of today's price being irrelevant too, but to some degree at least, I guess you're trying to be metaphorical but price trends for bitcoin, no matter how volatile it is could still be used to compare and predict its future price.
jr. member
Activity: 322
Merit: 1
Bitcoin the future of finance

Whale in crypto field refer to big institute or a high amount of crypto investor, and they have power that they controls the market because of amount is bitcoins at least 100 btc or more and when they sell there is not a chance that anyone stops the market ,
Now why dont we think like them , friends its not depends on our thought its their strategies , As we buy on any support so we thinks the price goes higher but if they sell at that time you dont have chance to avoid getting lose ,So they dont plans weeks ago they are market makers they traps us emotionally .
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
1) Many Of Small traders always got into the Trap of Whales? Why?

Well, retail investors do not think like whales because the whales have long term vision and most small traders are happy to get little profit. That's the reason in case of a bullish rally the retails usually sell early while whales have their big targets.

In bear times, retail are fearful and do not buy at cheap rates while the whales accumulate in these fearful times. There is a difference in the approach between retail and whales and that is the main reason why whales always win over small investors.
legendary
Activity: 1946
Merit: 1157
MAaaN...!! CUT THAT STUPID SHIT
~snip~
My additional thoughts on why it's so hard for us to outsmart the Pope:
1. There are many whales and their characters
2. The whales are always well-informed and early
3. we are too greedy

There are many popes and their characters, which means that some popes have their own strategies, but the popes are more careful and more specific in making each transaction, because they will be very concerned about the big transactions that occur.
Whales get early information because they have wide channels so they can do some manipulations to influence small investors with various kinds of news that are published.
This is also related to the Market Fundamental Pad, Whales have an important role in the Market Fundamentals because they manage everything well and lead to a strategy that they are blind to.
sr. member
Activity: 826
Merit: 460
First of all many members will roast me and will say that where you got such idea, why are you bluffing but this is Bitcoin discussion, so I thought that I should share something.

1) Many Of Small traders always got into the Trap of Whales? Why?

2) There are Always Ponzi Schemes in All Bull runs like 2027 was ICO big Scam
And Now BIG crypto projects Got scammed in 2022 like Terra Luna, FTX, Solana, Serum etc. They are not just coincidence. These are preplanned Scams. And that. Sucks.
3) I think that Big Exchanges that are centralized are Big whales cause they know how much volume they have and how many longs and also Shorts. In this way they can Scam with many many wats. And also that is a small reason that we cannot outsmart Whales 🐋🐳.


It may be true that they (whale exchangers) can increase or decrease the price irrationally in certain coins because they can read the market cap in detail so they play for additional profits, but I see that not all whales come from exchangers.

Whales outside exchangers (institutions/individuals) in my opinion are more careful because the amount of money they spend is of course quite large, this will be of deep concern to them, they will often study and research further regarding investment decisions and of course besides that they better to protect anything that threatens their money in the market, of course, this could get serious if they didn't do their research well. In contrast to what we (retail investors) do only rely on trends and technical analysis speculation to make investment decisions without going deeper.
And I've watched some whales go crazy they pump altcoins and shitcoins at such a scale that people would think it's very bullish and interested in buying and then after they (the whales) make a profit they withdraw funds, and the late people withdraw profits and the last to enter the bullish scheme will get a loss.

My additional thoughts on why it's so hard for us to outsmart the Pope:
1. There are many whales and their characters
2. The whales are always well-informed and early
3. we are too greedy
newbie
Activity: 4
Merit: 0
Quote
The blue whale's extraordinary ability to control heart rate and blood flow may help explain why blue whales are the largest animals on Earth.
Because we are in different positions, their every word or action may affect an industry or a stock. So even if we think the same way, we can't do anything.
sr. member
Activity: 1498
Merit: 443
Whales are smarter when it talks about opportunities. They are very certain about their plan and movement unlike how these usual investors do.
Whales are not easily got panic, they don't care much about FUDs and so whatever because they believe that all of these are just temporary and if you are aiming long-term, it doesn't matter.
Of course, they don't panic about the FUDs because they are the people who created the FUDs.  Grin
Whales know very well how to use media, they know people easily get afraid of negative issues announced by the media. Since they have big money, it is easy to pay the media for spreading some bad news/issues.

Besides, whales are not afraid to lose their money, they are risk-takers. And they can stand their plan despite the market condition, unlike usual investors that easily change their minds because they carry worries and uncertainties.
How do you know they are not afraid to lose money?  Huh
They are humans, they must have the feeling to be afraid of losing their funds.
However, since they have the power to influence crypto market, they are confident about what they do. Moreover, they must work together, whales seem to have a big group to dominate crypto market.

hero member
Activity: 2828
Merit: 518
Whales are smarter when it talks about opportunities. They are very certain about their plan and movement unlike how these usual investors do.
Whales are not easily got panic, they don't care much about FUDs and so whatever because they believe that all of these are just temporary and if you are aiming long-term, it doesn't matter.

Besides, whales are not afraid to lose their money, they are risk-takers. And they can stand their plan despite the market condition, unlike usual investors that easily change their minds because they carry worries and uncertainties.
hero member
Activity: 2590
Merit: 644
As a matter of fact, thinking like a whale is the same as thinking like a rich person, and that's just what every person needs if they want to become rich. While that's a rate thing, otherwise, the vast majority of people would be bitcoin whales. As a matter of fact, whales are patient and this patience pays off just in time. They will not sell themselves and their assets for cheap prices and they always aim to reach a higher target and that's why you see that they usually earn a lot while other people are losing money.
^Whales usually don't invest and set aside, they always want to make the market price shake according to their plan.
I don't see whales did not manipulate the market or just investing and waiting for the right time. You are not whales on that, you are a real investor of the BTC. When whales wanted to invest at a lower price, they will make FUD which makes new investors panic and sell their BTC so that they can enter the market with a cheap price and sell it bull trend is coming. So we cannot think the same way of whales but if you are aware of those whales' strategies will probably you will not be affected by their FUD.
full member
Activity: 1736
Merit: 121
Simple
A simple and straightforward answer is you don't have money like Whales.

Reality & Explainantion
Bro as I said above we don't own so much amount of money there are some other reasons as well bro, Do you really think whales go all in the bitcoin or any other asset for an investment opportunity. As we people own limited resources and we don't want to risk it, this is where we are wrong but responsibilities are forcing us to do this. Whales own money + they risk with diversity. Our mindset also plays an important role in this process.



I think the whale talk is not permanent to just certain people looking at money or finance. Whales is happening in a circle and some whale lose the position when they dump during bull and sometimes they are hoping buying back when it is bear but maybe they don't get that chance to manipulate for the main time. I don't think they hodl coin when price is high enough to dump. Anybody can be a whale when they have capital and decide to invest in.
sr. member
Activity: 2506
Merit: 368
As a matter of fact, whales are patient and this patience pays off just in time. They will not sell themselves and their assets for cheap prices and they always aim to reach a higher target and that's why you see that they usually earn a lot while other people are losing money.
This is clearly the right answer on why some people cannot think like the whales.

Most people who just entered the market are thinking that adopting/investing in Bitcoin is just like a ride in the bus or a kind of get-rich-quick overnight without looking or even knowing what are the risk. And I bet, whales know how to minimize their losses and how to maximize their profit that's why it is impossible to some people to think like the whales.
Clearly, they don't have the knowledge of the whales that's why they failed.
hero member
Activity: 1778
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As a matter of fact, thinking like a whale is the same as thinking like a rich person, and that's just what every person needs if they want to become rich. While that's a rate thing, otherwise, the vast majority of people would be bitcoin whales. As a matter of fact, whales are patient and this patience pays off just in time. They will not sell themselves and their assets for cheap prices and they always aim to reach a higher target and that's why you see that they usually earn a lot while other people are losing money.
hero member
Activity: 1176
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First of all many members will roast me and will say that where you got such idea, why are you bluffing but this is Bitcoin discussion, so I thought that I should share something.

1) Many Of Small traders always got into the Trap of Whales? Why?

2) There are Always Ponzi Schemes in All Bull runs like 2027 was ICO big Scam
And Now BIG crypto projects Got scammed in 2022 like Terra Luna, FTX, Solana, Serum etc. They are not just coincidence. These are preplanned Scams. And that. Sucks.
3) I think that Big Exchanges that are centralized are Big whales cause they know how much volume they have and how many longs and also Shorts. In this way they can Scam with many many wats. And also that is a small reason that we cannot outsmart Whales 🐋🐳.


Yes it is very obvious that the whales have more control of the market than a mere trader or investors like us. We don't have to power or what it takes to shake the power because our funds or holding means nothing and can not move bird to fly. We just have to control doing our best, checking news and get fast information because this is where many investors get it wrong. The faster we become more informed, the less the chances of us becoming scammed and falling to the cheap rug pull or crash of some projects or the crypto market entirely. Since information is power then we need to embrace it.
hero member
Activity: 1148
Merit: 518
I think you have got some misinformation because Solana and Serum have not scammed yet.
They have suffered the price declines because of the collapse of FTX. Since FTX was involved in Solana and Serum they faced a blood bath.
So we can't really say that Solana and Serum has scammed users.

Thorough findings properly before concluding some crucial information about some projects. Perhaps we have witnessed some big scams in the market this year and the past ones, but traders and investors needs to be extremely careful not to fall in the hands of scams. There are countless ways to scammed people in the space and there are also many ways to prevent it. Terra Luna liquidation and got delisted from top exchanges was costs most people gigantic losses because some had large pieces of the coin. Let's be careful to not fall in the hand of scam but we should be well highlighten how the space operates.
hero member
Activity: 2702
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Nothing lasts forever
First of all many members will roast me and will say that where you got such idea, why are you bluffing but this is Bitcoin discussion, so I thought that I should share something.

1) Many Of Small traders always got into the Trap of Whales? Why?

2) There are Always Ponzi Schemes in All Bull runs like 2027 was ICO big Scam
And Now BIG crypto projects Got scammed in 2022 like Terra Luna, FTX, Solana, Serum etc. They are not just coincidence. These are preplanned Scams. And that. Sucks.
3) I think that Big Exchanges that are centralized are Big whales cause they know how much volume they have and how many longs and also Shorts. In this way they can Scam with many many wats. And also that is a small reason that we cannot outsmart Whales 🐋🐳.



I think you have got some misinformation because Solana and Serum have not scammed yet.
They have suffered the price declines because of the collapse of FTX. Since FTX was involved in Solana and Serum they faced a blood bath.
So we can't really say that Solana and Serum has scammed users.
hero member
Activity: 2604
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1. That's because most small traders don't do good analysis and only rely on information from the group or based on other people's analysis.
2. It's only natural that there are Ponzi schemes in the crypto market because this is a very large circulation of money that exists in the crypto market and happens daily.
3. The big whales always know what to do and can move the price in their own way.

We can't outsmart the whales, but we can follow wherever they lead to benefit like them. And what is certain is that we don't have money like them so we have to try to be behind them to get a chance to make a profit.
hero member
Activity: 2716
Merit: 552
Re: Why We People Cannot Think Like Whales 🐋 🐳?

Common people can't think like whales simple because we're not whale. To make it obvious, we don't have the kind of wealth they posses, and so we don't have the risk appetite to level theirs, as they usually put volume of investment in Bitcoin or any other alt compared to how little ours was.
When they sell, it would definitely going to move the prices, same goes when they buy.
legendary
Activity: 3178
Merit: 1054
before CZ tweeted to sell his load of FTX, he already saw an enormous stash of FTX meant to be dumped in binance. that's a big whale speaking and he saw a whale also wants to poop on binance users. basically, both of whales just bumped to each other. it just happen that CZ initially sees what this whale is about to do.

you can  put yourself in their shoe and think like them. you however can't see it in real time unlike the whales who owns an exchange.  Cheesy
sr. member
Activity: 2366
Merit: 448
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What you say is not as easy as you say, the pope and us have many differences, especially in terms of capital or money and also ingenuity.

Whales often manipulate the crypto market in very easy ways, and most of them work with many crypto influencers to make the manipulation more profitable. And social media is one of the biggest tools for spreading it.
and what they do is inject huge amounts of money into crypto. and when the price moves, influencers publish more on social media thereby getting more people to buy.
and the more people buy, the higher price they get. And when they are satisfied with their profits, they sell the amount they want and cash out their profits.
legendary
Activity: 2576
Merit: 1860
Small traders are easily trapped by whales because they're small traders. Their positions cannot significantly affect the market. Whether they buy or sell, the market won't react much. And they're easily liquidated, too. That's different with whales who's got thousands of Bitcoin. The most that a small trader could do is to ride the whales, although this is very difficult to do since they don't even have clues as to what the whales would do next. So, they end up relying on luck most of the time. That's why trading is often stressful and HODLing has become a better option.
legendary
Activity: 2968
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Exchanges don't even need to trade any more once they get big enough like Binance. Fees and commissions from volume alone, that's big money, risk free, since it's all charged against deposits, and liquidity.

The trick is for them to encourage users to increase their activity, since fees+commissions are all per tx. Imagine a guy turning over his capital just 10x a day (possible with those leverage scalpers).

The question for you from me, and the answer's not important: when did you get bit?
legendary
Activity: 2576
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Leading Crypto Sports Betting & Casino Platform
Difference with capitals would make difference with ibvestors' tactics on how would they handle price movements. Whales could really make a 'wave' with their move while small investors won't which simply makes sense why they are hesitant with entry and exit points.
actually in investing in bitcoin and crypto. we don't think too much about whales, but we have to look at their struggles, namely why they are so successful that they can generate large profits, so actually whales or not, in my opinion, doesn't matter. because they can become popes because of their good mindset. because of course before they became popes they also worked hard, were patient and of course held back their emotions. so for us to move forward, try to think like the Pope. for we too can be popes if we have good thoughts.
On my end I am taking advantage of whale movements; such that if they'd create a pump in the market, best thing is to ride with the tide in order to generate profit. More of initiator and follower relationship. But any strategy would be okay as long as it works for your investment routines.But risks would be on the followers because assumed 'signals' could change from time to time as this market is volatile in nature.
hero member
Activity: 1120
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🇵🇭
actually in investing in bitcoin and crypto. we don't think too much about whales, but we have to look at their struggles, namely why they are so successful that they can generate large profits, so actually whales or not, in my opinion, doesn't matter. because they can become popes because of their good mindset. because of course before they became popes they also worked hard, were patient and of course held back their emotions. so for us to move forward, try to think like the Pope. for we too can be popes if we have good thoughts.
It comes through experience, experience still the best teacher when we been thru alot we will realize how we can discover that there are still something more we can learn that somehow can help us to create strategies as well to determine what will be suited on us best in decision making. While others create shortcuts to success, whales built their ways to make one.
full member
Activity: 756
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There is no doubt that some of the actions of centralized services may affect the price of the General stock market including Bitcoin, but to say that the whales control the trends the market follows may be a false claim in some situations unless centralized coins and exchanges are constantly manipulated by the whales who control the network. Bitcoin is not one of the centralized markets that the whales can control.

2017 was a year for many ICO and people jumped there to make quick money out of that some people including me make huge profits out of these. Many of us took the advantage of early involvement and many of us lost our money in it.
hero member
Activity: 1274
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No need calling projects like centralized exchanges that became Whales through traders and users funds, they're not whales to me, but services that operate without any coin. Exchanges don't have coin rather, traders coins is used to operate these platforms. On the other hand, the early birds that got into bitcoin as developers or strictly investors when Satoshi was around, have studied the market and mastered their foot steps toward the bitcoin market. It'll be ridiculous to think like whales that have sat on your chair who have 10 years of experience in bitcoin. That's why is better to learn or study the market to know how these rich investors think. Most of them don't make use of exchanges, buying is their only secret.
hero member
Activity: 2212
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It means according to you that more money makes whole whale than Why SBF that has Biggest perpetual Exchange FTX that got Down in matter of days, he become Billionaire to Zero and Now he is Hiding.
My point was that There are some influentials like Big Exchanges and also some big Companies that we do not know are  doing this. Always money is not case.
My point is that they know our secrets and also our mistakes.

Whales manage their own money, SBF doesn't. Whales wouldn't think they had to resort to dirty means to increase wealth. SBF so. The SBF doesn't use the true whale's way of thinking. My assessment, he is'nt a whale, he's an astute backstage performer.

Just roasting you a bit, your way of thinking is really messed up. Tongue
member
Activity: 476
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actually in investing in bitcoin and crypto. we don't think too much about whales, but we have to look at their struggles, namely why they are so successful that they can generate large profits, so actually whales or not, in my opinion, doesn't matter. because they can become popes because of their good mindset. because of course before they became popes they also worked hard, were patient and of course held back their emotions. so for us to move forward, try to think like the Pope. for we too can be popes if we have good thoughts.
legendary
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First of all many members will roast me and will say that where you got such idea, why are you bluffing but this is Bitcoin discussion, so I thought that I should share something.

You still think that someone will roast you because you write something on this forum, so this is not an inquisition council or something similar Shocked

1) Many Of Small traders always got into the Trap of Whales? Why?

Big fish eat small fish, one of the simplest laws of nature - why killer whales are not prey but predators? Because they are larger than most fish in the ocean, they have greater intelligence and a tendency to hunt and not be caught. Small traders are like a flock of fish fighting a killer whale in the open ocean, they have almost no chance to survive.

2) There are Always Ponzi Schemes in All Bull runs like 2027 was ICO big Scam

Do you foresee any new ICO scam in 2027?
 
3) I think that Big Exchanges that are centralized are Big whales cause they know how much volume they have and how many longs and also Shorts. In this way they can Scam with many many wats. And also that is a small reason that we cannot outsmart Whales 🐋🐳.

I don't know if you are worse in your thinking or creating alt accounts, but if you continue on the same path, someone will surely roast you Wink
member
Activity: 467
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actually traders will not suffer losses as long as we trade or invest in bitcoin. and what causes us to experience losses is our own fault because we choose to invest in altcoins. try if we invest in bitcoin, of course the risk is not too big. and actually it's not the pope that's wrong but us who don't think enough. and always make mistakes in investing.
for example like this:
 if whales sell bitcoins or altcoins in large quantities, we as investors or traders should not sell them even though the price of bitcoins or altcoins has fallen. so if we join in selling let alone sold at a price that is not in accordance with what we want it is tantamount to giving profit to the pope.
try if we are strong enough to hold back, of course it will be difficult for the whale to buy again when he has finished selling. because we can hold on.
jr. member
Activity: 40
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Any ordinary person can become rich. "Salary can only make you live safely. If you want to become a real rich man, you must invest yourself in the unpredictable market."
The most important reason for rich people to get rich is "the income is greater than the expenditure for a long time".
copper member
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First of all many members will roast me and will say that where you got such idea, why are you bluffing but this is Bitcoin discussion, so I thought that I should share something.
1) Many Of Small traders always got into the Trap of Whales? Why?
2) There are Always Ponzi Schemes in All Bull runs like 2027 was ICO big Scam
And Now BIG crypto projects Got scammed in 2022 like Terra Luna, FTX, Solana, Serum etc. They are not just coincidence. These are preplanned Scams. And that. Sucks.
3) I think that Big Exchanges that are centralized are Big whales cause they know how much volume they have and how many longs and also Shorts. In this way they can Scam with many many wats. And also that is a small reason that we cannot outsmart Whales 🐋🐳.
1. What trap of the whales? The whales don't place any traps. They just trade and make their profit.

2. You mean 2017? ICO's weren't a ponzie scheme but there lots of projects that were scamming people by dumping their tokens after investors invested in those projects. FTX isn't a project. It is an exchange that recently collapsed. Solana isn't a scam coin. It is just suffering because of FTX. Google and learn more.

3. Exchange don't mess around with user funds. I mean FTX did and see the consequences. And why would exchanges want to risk their reputation if they can already make millions from exchange fees?
hero member
Activity: 854
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Because poor people or middle class people has limited money unlike whales who have large sum money. This mean they have nothing to lose if they want to invest in Bitcoin, even though they suffer huge losses due to Bitcoin, but their business, real estate and etc are keep making profit which can cover their losses. So they can invest freely without need to think to withdraw their money when crisis happen. This make whales are long term holders and wouldn't sell their coins in loss.
legendary
Activity: 2240
Merit: 1993
A Bitcoiner chooses. A slave obeys.
First of all many members will roast me and will say that where you got such idea, why are you bluffing but this is Bitcoin discussion, so I thought that I should share something.

1) Many Of Small traders always got into the Trap of Whales? Why?

2) There are Always Ponzi Schemes in All Bull runs like 2027 was ICO big Scam
And Now BIG crypto projects Got scammed in 2022 like Terra Luna, FTX, Solana, Serum etc. They are not just coincidence. These are preplanned Scams. And that. Sucks.
3) I think that Big Exchanges that are centralized are Big whales cause they know how much volume they have and how many longs and also Shorts. In this way they can Scam with many many wats. And also that is a small reason that we cannot outsmart Whales 🐋🐳.



I believe the biggest issue is that for the whales, this is all just a game they are playing. They have more than enough money set aside, even if they were to lose all their trading funds.

So losing money is not as nerve-wracking as it is for people who do not have so much money. For me, 1 dollar is not a lot of money. But for people who live in third world countries, 1 dollar is a lot of money that they might cry over losing.

Using fear tactics, the rich whales are just playing us out of our money by creating fear-scenarios.

Thats why people say to hodl your coins. Do not let yourself be psychologically influenced into selling your coins for cheapt to the whales. That is what they are hoping for! Undecided
sr. member
Activity: 2828
Merit: 344
win lambo...
Okay, I'll go straight;
 - whales have different mindsets and have the capability to manipulate the market because they have money
 - whales will take action based on their plan and accomplish it on-time

And why normal investors can't do that, it is because;
 - limited fundings
 - too emotional
 - inconsistent with their plan
 - mostly are just living in short-term goal
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
First of all many members will roast me and will say that where you got such idea, why are you bluffing but this is Bitcoin discussion, so I thought that I should share something.

1) Many Of Small traders always got into the Trap of Whales? Why?
2) There are Always Ponzi Schemes in All Bull runs like 2027 was ICO big Scam
And Now BIG crypto projects Got scammed in 2022 like Terra Luna, FTX, Solana, Serum etc. They are not just coincidence. These are preplanned Scams. And that. Sucks.
3) I think that Big Exchanges that are centralized are Big whales cause they know how much volume they have and how many longs and also Shorts. In this way they can Scam with many many wats. And also that is a small reason that we cannot outsmart Whales 🐋🐳.

The whales aren't always too bright either.  Look at Alameda.  The "real" whales that are accumulating BTC aren't leaving their funds on exchanges or trading them.  They're buying the dip every four years and ignoring everything else.  This is what everyone should be doing.  The problem is that smaller traders don't want to put in the work and time to build a stash.  They want to trade their way to riches quickly, which is why altcoins exist.  You don't have to be worried about whales or anything else if you aren't trading or using leverage.  Just buy and buy and wait until it's useful.  Diversification helps and is important also.
hero member
Activity: 1918
Merit: 564
Simple
A simple and straightforward answer is you don't have money like Whales.

Reality & Explainantion
Bro as I said above we don't own so much amount of money there are some other reasons as well bro, Do you really think whales go all in the bitcoin or any other asset for an investment opportunity. As we people own limited resources and we don't want to risk it, this is where we are wrong but responsibilities are forcing us to do this. Whales own money + they risk with diversity. Our mindset also plays an important role in this process.


I highly agree, we cannot act or pretend to act as one (whale) if we don't have the financial capability since the term whales means the one who has huge amount of shares of the market and possibly have deeper pocket than OP  anticipated.  So even with our knowledge about how the whale act, we cannot do it.  Just like whales feasting on group of minnows, minnows cannot feast on group of minnows.  Minnows can only settle on small profits and can participate via small buy and sells that can hardly affect the market.
hero member
Activity: 616
Merit: 749
First of all many members will roast me and will say that where you got such idea, why are you bluffing but this is Bitcoin discussion, so I thought that I should share something.

Nobody will attack you for saying your mind here, this is a open community and every thought is welcomed here. We can't can't like whale because we don't have the resources (information) and privilege that they have and also we don't have their type of money they do, to influence the market. We just have to be wise and take position that'll benefits us which ever directions we think the market will move. Sometimes we don't have to over think things, and just do the simple things like buying and holding Bitcoin instead wanting to trade.

Whales are mostly holdings and they buy into project when everyone is selling. While many common investors are selling their Bitcoin now, whales are accumulating and you should do the same to profit in the future.
legendary
Activity: 2814
Merit: 1192
Simple
A simple and straightforward answer is you don't have money like Whales.

Reality & Explainantion
Bro as I said above we don't own so much amount of money there are some other reasons as well bro, Do you really think whales go all in the bitcoin or any other asset for an investment opportunity. As we people own limited resources and we don't want to risk it, this is where we are wrong but responsibilities are forcing us to do this. Whales own money + they risk with diversity. Our mindset also plays an important role in this process.


This is a good answer. A bit too simplified, but true.

Rich people have the comfort of investing money they don't need right now. It's like you investing 100 USD. You could put 100 in this project, 100 in another one and forget it for a few years. You won't feel any pressure. Rich people do the same but they put a million here, a million there and they never get squeezed. Bitcoin goes down by 50% and they lose 500k out of their 50 million, while you, poor guy struggling to pay the rent lose that $50 that could've been fuel for the car. Now you either have to sell at a loss or go to work by bus for a month.

That's why it's so important to build a portfolio that isn't making you uncomfortable, no matter what happens. How do you do it? There are a few options. One is to invest less than 10% of your liquid assets while also having some illiquid ones. For instance, you have a house, a job that brings you 2k a month and 10k saved up in the bank. This means that you only have 10k to invest and you take 1k and buy bitcoin with it. Whatever happens to that investment you won't get into financial trouble.

The second option is to dollar cost average where you don't touch any of your assets but every month take 10% ($200) out of your paycheck and buy bitcoin. This is also a completely safe way to invest.

The third option is for those who had profit from a bull market and withdraw all they've invested + some, leaving only profit in the wallet. Your ROI from this point is above 100% and you've already won with an option to win more.
sr. member
Activity: 910
Merit: 302
Probably because I don’t have tens and hundreds of bitcoins lying around in my wallet. The difference in mindset is understandable, they are called whales for a reason after-all, a person who has maybe 50bitcoins will react differently to a market crash than someone who has 0.1 bitcoin. Whales aren’t average citizens, they are filthy rich and are at liberty to see bitcoin price crashes as buying opportunities while the rest of us think of how much we are losing.
sr. member
Activity: 672
Merit: 416
stead.builders
1) Many Of Small traders always got into the Trap of Whales? Why?

How does the whales here stand a trap for traders when you hold your money with you, chose and decided to go for crypto projects that are scamming, invest with them because they entice you with amazing and desiring expectations in return, you invest with them and fall a victim at last, who is smarter? that's why the rich may keep getting richer and same procedures to the poor the opposite direction if care is not taken, those that are whales have some demanding principles, task, plan and requirements they meet up with that makes thier sustainability.

2) There are Always Ponzi Schemes in All Bull runs like 2027 was ICO big Scam
And Now BIG crypto projects Got scammed in 2022 like Terra Luna, FTX, Solana, Serum etc. They are not just coincidence. These are preplanned Scams. And that. Sucks.

It's you that should be blamed out of your greediness to have invested and trust them, they never force anyone, you decided to invest with them, but i asked, have you never been informed about bitcoin before?

3) I think that Big Exchanges that are centralized are Big whales cause they know how much volume they have and how many longs and also Shorts.

Do you know that most of these centralized exchanges do have their own tokens and coins they promote along with others they enlisted in their site, all is to thier own interest and not yours.
legendary
Activity: 1848
Merit: 1982
Fully Regulated Crypto Casino
Because we are simply not whales? We have a different mindset and a different way of thinking.
They are acting and we are reacting and that makes a big difference.
They make the event and we watch and wait what they will do.
They do whatever they want and we just try to benefit from their actions and movements that they make.
We either take advantage of the opportunities they create and try to take some profits if the conditions are favorable or we try to get out with the least loss if the conditions are adverse.
In short, they are market makers and we are forced to submit to the conditions they impose.
legendary
Activity: 2394
Merit: 2223
Signature space for rent
Because they are not whales, everyone cannot think like whales. It's quite simple. To be successful in life, you must have both money and an idea. If you have one, you must work hard to achieve success. So whales have both money and an idea. That is how they make more money while small traders suffer. How will whales make money if there are no small traders? If everyone becomes a whale, the market will be less volatile, which is where traders often make money. Scam, incident, and accident will always be exist. So we must think before jump anywhere.
legendary
Activity: 3248
Merit: 1402
Join the world-leading crypto sportsbook NOW!
The idea of pre-planned series of big crypto scams sounds like conspiracy theory stuff to me, to be honest. As for whales, I believe the concept is overestimated. We have a relatively small number of Bitcoin addresses that contain the vast majority of BTC, but we don't know how many of these addresses belong to single individuals, and in companies, things are often decided collectively, and some things are more likely to happen than others. Moreover, is there any evidence that it is the very rich addresses moving their funds that play a crucial part in the price dynamics of Bitcoin? I don't think so. And since 'whales' as big powerful players that manipulate the market don't sound too real to me, I don't think people should be or think like them. What people should do is be mindful of where they store their money and which projects they choose to support.
legendary
Activity: 1470
Merit: 1049
Argentine representative on gambling board
Really really simple an in a short way.

You dont thing the same when you are in charge. And there have some real power over his shoulders, and that change everything.

They know one movement from them can change a lot of things and you move in consecuence with that. You take responsibilities, you can imaging how that can be but its not the same when you have the real power in your hands.
legendary
Activity: 2114
Merit: 2248
Playgram - The Telegram Casino
You don't necessarily have to think like anyone, all you have to do is actually "think" before investing. Understand how Bitcoin works and why you plan to invest, plan how to hold your coins safely (cause when investing, privacy and autonomy should be a priority) and without the need for a third party, then you either use Bitcoins as a currency or safe it up as an asset.

Whales do not act in accordance or have a singular way of thinking, so trying to copy such a template is not really practical.

Hmm, so if by definition whales are those with huge share of bitcoin then you know very well with that kinda money at your disbursal you can do miracles! The miracles which can collapse the whole ecosystem in a night and just to refresh your memory,
Whales cannot collapse the whole Bitcoin ecosystem in one night or in a hundred, they can only try to do so and most likely lose their holdings in the process and the market would recover after a while.
sr. member
Activity: 966
Merit: 421
Bitcoindata.science
We got the impact on Bitcoin following FTX crash we saw Bitcoin fall. Whales decides how price move because they are the big players of the market if the sell so much Bitcoin in one trade price will have no choice but to go dip. The more the hold the bigger the chances of pumping. Bitcoin is decentralised doesn't mean it doesn't obey the rule of supply and demand.  Whale only apply this rules to decide how the price flow move.
hero member
Activity: 1666
Merit: 709
Playbet.io - Crypto Casino and Sportsbook
How can I reason like a whale when I am not a whale, it’s very simple whales are people with high amounts of crypto-coin so high that it makes them influential and any move the take has an effect on the market.

And one thing the whale has that you don’t (if you aren’t a whale) is large Money or you haven’t been accumulating when the coin was cheaper, so you ought to first become a whale to be a whale. Many whales don’t associate with decentralized exchanges like binance that’s why their privacy is protected.
full member
Activity: 1092
Merit: 227
Hmm, so if by definition whales are those with huge share of bitcoin then you know very well with that kinda money at your disbursal you can do miracles! The miracles which can collapse the whole ecosystem in a night and just to refresh your memory, I am talking about FTX example. Do you really think that if everyone started to think like FTX or may be some other whale (instituions etc) who are using their funds to manipulate the market or may be when things are out of their hands then they will start dumping the bitcoins and stay in profits all the time?

I dont think so.

Bitcoin is a dish best serve in public circulation.
legendary
Activity: 966
Merit: 1042
#SWGT CERTIK Audited
Simple
A simple and straightforward answer is you don't have money like Whales.

Reality & Explainantion
Bro as I said above we don't own so much amount of money there are some other reasons as well bro, Do you really think whales go all in the bitcoin or any other asset for an investment opportunity. As we people own limited resources and we don't want to risk it, this is where we are wrong but responsibilities are forcing us to do this. Whales own money + they risk with diversity. Our mindset also plays an important role in this process.

staff
Activity: 3304
Merit: 4115
Whales i.e those that have a large share of Bitcoin, will become less influential as time goes on. Bitcoin will become a little more diversified, as these whales sell, and that means there are less single entities holding a large share of Bitcoin. You want whales to sell right now, even if that causes panic selling. Since, you want every opportunity for that whale's share to get distributed among several users.

I keep saying this, but the price of today is irrelevant, and users need to stop getting so obsessed with it, if they're planning on using Bitcoin for a long time or always planning to use it. As for Whales being the culprits to some of the largest scams relating to Bitcoin, I mean probably. Although, that's only because these companies that have become successful have managed to amass a rather large share. It's not that every person who buys a large amount of Bitcoin is going to scam.
hero member
Activity: 1008
Merit: 520
Leading Crypto Sports Betting & Casino Platform
The whales can control a centralized market but not Bitcoin, there is no doubt the fact that some of the actions of centralized services may affect the price of the General stock market including Bitcoin but to say the whales control the patterns the market follows may be a false claim in some situation unless centralized coins and exchanges are constantly manipulated by the whales who control the network
In 2017 there was bad news such as China's ban on cryptocurrency and in 2022 we have the luna crashed and FTX crash which are the two big factors that have pulled Bitcoin down to the point it is right now.
hero member
Activity: 2114
Merit: 619
First of all many members will roast me and will say that where you got such idea, why are you bluffing but this is Bitcoin discussion, so I thought that I should share something.

1) Many Of Small traders always got into the Trap of Whales? Why?

2) There are Always Ponzi Schemes in All Bull runs like 2027 was ICO big Scam
And Now BIG crypto projects Got scammed in 2022 like Terra Luna, FTX, Solana, Serum etc. They are not just coincidence. These are preplanned Scams. And that. Sucks.
3) I think that Big Exchanges that are centralized are Big whales cause they know how much volume they have and how many longs and also Shorts. In this way they can Scam with many many wats. And also that is a small reason that we cannot outsmart Whales 🐋🐳.


One cannot think like whales because whales Don't do rational things. Like expecting btc to hit bottom after a bull run is rational but expecting that such a big exchange will go insolvent is not rational or thinking that such a big Cryptocurrency will see it's very basic concept flawed is not rational. These all might be planned but normal retail investors can't think of these and everytime it's an entirely new thing that they do. So I think one can only think like them if one becomes one of them.
member
Activity: 126
Merit: 39
First of all many members will roast me and will say that where you got such idea, why are you bluffing but this is Bitcoin discussion, so I thought that I should share something.

1) Many Of Small traders always got into the Trap of Whales? Why?

2) There are Always Ponzi Schemes in All Bull runs like 2027 was ICO big Scam
And Now BIG crypto projects Got scammed in 2022 like Terra Luna, FTX, Solana, Serum etc. They are not just coincidence. These are preplanned Scams. And that. Sucks.
3) I think that Big Exchanges that are centralized are Big whales cause they know how much volume they have and how many longs and also Shorts. In this way they can Scam with many many wats. And also that is a small reason that we cannot outsmart Whales 🐋🐳.

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