Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Dondeon on June 13, 2020, 01:48:45 PM



Title: Whales ATM
Post by: Dondeon on June 13, 2020, 01:48:45 PM
Why do you allow yourself to become an ATM for whales? can't you see that whales are cashing out on you? I know you don't want to miss out of bull run but you need to relax. Whales are taking advantage of your eagerness to cash out on you. A little pump from whales then everyone is rushing in, trust me, whales are waiting to cash out and we are back to where we are coming from. Stop jumping in at every sight of a little pump, when the bull run is really here, we will all know.


Title: Re: Whales ATM
Post by: passwordnow on June 13, 2020, 02:24:22 PM
You can also use the whales and you'll use them as your ATM.  8)
It's not that all the time you'll push the whales to be the ones that's taking advantage. You should also look for that opportunity and you make that moment for yourself.


Title: Re: Whales ATM
Post by: poodle63 on June 13, 2020, 03:12:22 PM
Why do you allow yourself to become an ATM for whales? can't you see that whales are cashing out on you? I know you don't want to miss out of bull run but you need to relax. Whales are taking advantage of your eagerness to cash out on you. A little pump from whales then everyone is rushing in, trust me, whales are waiting to cash out and we are back to where we are coming from. Stop jumping in at every sight of a little pump, when the bull run is really here, we will all know.
I know that but the little shrimps have the intention too like the whales because they were expecting to cash out their money from betting on the bullish trend that has already made by the whales. This is about competition and there will be winners and losers.


Title: Re: Whales ATM
Post by: South Park on June 13, 2020, 03:16:45 PM
You can also use the whales and you'll use them as your ATM.  8)
It's not that all the time you'll push the whales to be the ones that's taking advantage. You should also look for that opportunity and you make that moment for yourself.
That comes with the territory, not even whales can win all the time the difference is that they are big enough to move the market if they want and that is not true for us, this means they have a decisive advantage over us which is why the holdings of the whales have a tendency to grow over time and not diminish as they keep extracting coins out of us, the only way to avoid this is to have a very defined strategy and never let your feelings take over you, that way you can avoid being the victim of FUD or FOMO.


Title: Re: Whales ATM
Post by: New_order on June 13, 2020, 03:17:28 PM
Well every one can get caught in any FOMO, if everyone is scared of  whales no one will invest in Bitcoin and Bitcoin won't make it this far, my advice is to do good research on projects before deciding to hold them for long time, if the project you choose is good enough you won't have to worry about whales dumping on you


Title: Re: Whales ATM
Post by: Thomas-s on June 13, 2020, 04:22:54 PM
Well, I also think that people are too nervous about local growth or some dumps. I constantly continue to buy until the price is below 10 thousand dollars. we don’t know when the bull will come. now you need to constantly increase your portfolio


Title: Re: Whales ATM
Post by: Odebowa on June 13, 2020, 08:51:10 PM
you are right, big investors tends to be exploiting the newbies investors and others with a crafty means by pumping little fund to encourage investor who are eager for profit, and on the longrun later remove all their money an everything back to square one, so it advisable to exercise patient when taking an investment decision one way or the other.


Title: Re: Whales ATM
Post by: mersal on June 13, 2020, 09:01:02 PM
Why you invest when the prices are rising? You are supposed to invest when it is in bottom so you also can cashout when whales are cashing out so use it for your benefits. ;)

If you don't have enough patience then your investment career may not lasts for too long.


Title: Re: Whales ATM
Post by: Metall303 on June 13, 2020, 11:42:10 PM
it’s very difficult to understand how the whale's act. if everyone could understand how whales earn money and what manipulations they are doing, then the market would not be so volatile and it would be very difficult to make money on it. There will always be some big players who will earn money on ordinary people


Title: Re: Whales ATM
Post by: pakhitheboss on June 14, 2020, 12:47:52 AM
Whales are known for market manipulation and they survive by cashing out small and medium investors. It is obvious people fall under their FOMO and do what they want them too. Be very cautious when you see a sudden  spike in price of your crypto. Remeber buy low and sell high concept always.


Title: Re: Whales ATM
Post by: coinsycrip09 on June 14, 2020, 01:07:06 AM
i understand what you mean, but you know? we can also use whales to be our ATM.

i thought, haven't we been using each other here?actually we are the same as whales, it's just that they are not greedy, they have set the pump limit and take their profits there then go. if we can do the same thing with whales, i think we can also make whales our ATM  ;) :).


Title: Re: Whales ATM
Post by: maxreish on June 14, 2020, 01:08:04 AM
It is how we handel that whales so we may not become an ATM for them. A trader may not prevent whales especially when they suddenly enter the crypto market. But a wise trader may know how to set stop loss for those whales not to fully get some money from you. Whales are just around the corner, looking for an opportunity to mess us up. 
 
 If we can't control them, then we can think of other way on how can we defeat them. Risk management plan is one of our weapon.


Title: Re: Whales ATM
Post by: Twinkledoe on June 14, 2020, 01:14:38 AM
You can also use the whales and you'll use them as your ATM.  8)
It's not that all the time you'll push the whales to be the ones that's taking advantage. You should also look for that opportunity and you make that moment for yourself.

That's how you put it. Even small timers like most of us can take advantage of the situation. As long as you are exercising the simple rule of trading - buy low, sell high, you are already doing yourself a favor. Because if we chase what the whales are up to, you will forget what your goals are.


Title: Re: Whales ATM
Post by: TravelMug on June 14, 2020, 02:22:22 AM
Why do you allow yourself to become an ATM for whales? can't you see that whales are cashing out on you? I know you don't want to miss out of bull run but you need to relax. Whales are taking advantage of your eagerness to cash out on you. A little pump from whales then everyone is rushing in, trust me, whales are waiting to cash out and we are back to where we are coming from. Stop jumping in at every sight of a little pump, when the bull run is really here, we will all know.

It's either you swim with or go against them, simply as that. Of course, you will get REKT if you go against them as obviously they can manipulate the market to their advantage and we small fishes will suffer. But if you have learn to see the pattern you can cash it out yourself when they decided to liquidate.

Of better yet, just HODL good coins. I emphasized good coins because there are a lot of shitcoins out there and they are not being monitored by whales but instead those pump and dump groups. So theres a big difference here.


Title: Re: Whales ATM
Post by: Little Mouse on June 14, 2020, 02:41:40 AM
Of course, manipulation is there. Whale can easily manipulate the market and most of the whale do that to take advantages. However, with a market cap of such huge amount, it is not easy to manipulate the BTC although all the others altcoin can be manipulated due to the small market cap.


Title: Re: Whales ATM
Post by: bittraffic on June 14, 2020, 03:54:40 AM

Its not just the manipulation that is to worry, most of the people right now is cashing out. Covid pandemic still is very much alive.

You can either just hold or make money out of what you got right now. This is one of the best times to trade in crypto and invest than just hold. Invest in something that will provide a passive income for you so you won't have to worry if you lose a couple of trades every week or the price of coins take a nosedive. The idea its to have a fallback plan for yourself.


Title: Re: Whales ATM
Post by: Saisher on June 14, 2020, 04:55:52 AM
Why do you allow yourself to become an ATM for whales? can't you see that whales are cashing out on you? I know you don't want to miss out of bull run but you need to relax. Whales are taking advantage of your eagerness to cash out on you. A little pump from whales then everyone is rushing in, trust me, whales are waiting to cash out and we are back to where we are coming from. Stop jumping in at every sight of a little pump, when the bull run is really here, we will all know.

This is one thing that newbies should watch on every coin that he is investing in, every coin has their own whales and a whales or whales move can make an impact on the price of the coin, if the coins you are holding are progressive, you need not worry of a pump or dump, wait for the right time to sell your coin, not because you are tempted.


Title: Re: Whales ATM
Post by: bitkanu on June 14, 2020, 05:17:42 AM
Whales are known for market manipulation and they survive by cashing out small and medium investors. It is obvious people fall under their FOMO and do what they want them too. Be very cautious when you see a sudden  spike in price of your crypto. Remeber buy low and sell high concept always.
That's true but that's very sad to see the small and medium traders have no choice and the only chance that can be taken by them all fo take the advantage from the pump that has already made by the whales.
Did you remember some little shrimp have become millionaires caused by this?


Title: Re: Whales ATM
Post by: joshua123 on June 14, 2020, 05:46:43 AM
Maybe they cant resist the fomo and hype. Sometime it acgually work out.  A little signal and proof send by these whales or shiller then everyone will be active to buy and wait for pump. Thats how pump and dump coins/tokens work.

If you will be swayed by such shill then your good as dead if you dont know what you are doing. Why not just study the coin/token they are promoting and see for yourself that there is a chance to pump. Google is just near and any news pertaining to the project can be seen and decide whether this news could make it move.


Title: Re: Whales ATM
Post by: rz20 on June 14, 2020, 07:08:33 AM
Why do you allow yourself to become an ATM for whales? can't you see that whales are cashing out on you? I know you don't want to miss out of bull run but you need to relax. Whales are taking advantage of your eagerness to cash out on you. A little pump from whales then everyone is rushing in, trust me, whales are waiting to cash out and we are back to where we are coming from. Stop jumping in at every sight of a little pump, when the bull run is really here, we will all know.

That's the reason we should never chase a pump always be patient and let the price come to you entry target. If you are chasing a pump you are bound to get into a losing trade at least 8/10 times. FA is key to the success in crypto space IMO


Title: Re: Whales ATM
Post by: Gayong88 on June 14, 2020, 07:39:26 AM
This talk is about profit, they make it for all people where they have a poor understanding, where with a little evoria can make to break up the condition. Where analysis must be used at least in collaboration with friends who understand abaout that.


Title: Re: Whales ATM
Post by: aioc on June 14, 2020, 07:57:16 AM
When I was just starting I was a victim of a lot of FOMO, these whales are collaborating with traders and newsmakers to make it appear that there is no dumping going on, I stopped reading those hype and FOMO it's the fastest way for you to lose all that you have, always go for the coin with proven stability in the market and you will not regret it.   


Title: Re: Whales ATM
Post by: MCobian on June 14, 2020, 08:11:03 AM
Although I find it hard to admit that we've all been ATM whales, the reality is like that. Whales just needs to do a little inducement
by pumping, we will all become FOMO. It's frustrating to know that, so always be careful before making a decision, analyze as much
detail as possible. And do risk management, we should be able to avoid being whales ATMs.


Title: Re: Whales ATM
Post by: Iyeman on June 14, 2020, 10:09:18 AM
This talk is about profit, they make it for all people where they have a poor understanding, where with a little evoria can make to break up the condition. Where analysis must be used at least in collaboration with friends who understand abaout that.
The majority of the newcomers or small traders have no knowledge about what point that have already taken by the whales to pump or manipulate the market. They were joining in the late game and that makes them become victims from the pump that already made by the whales itself.


Title: Re: Whales ATM
Post by: michellee on June 14, 2020, 11:15:06 AM
The whales can do anything they want, but I don't think that they can manipulate bitcoin price anytime because that will need a lot of money, and that is not only in one exchange. We can use our time to search the right time to take the benefits too like what the whales did at the market because if we can watch the market move and we can analyze the market, we will found out that time so we can get the right time to take a chance and make a profit. But we don't have to chase for another profit because that will not easy.


Title: Re: Whales ATM
Post by: ElmedoRator on June 14, 2020, 11:29:16 AM
When I was just starting I was a victim of a lot of FOMO, these whales are collaborating with traders and newsmakers to make it appear that there is no dumping going on, I stopped reading those hype and FOMO it's the fastest way for you to lose all that you have, always go for the coin with proven stability in the market and you will not regret it.   
Exactly like that, FOMO will make us lose and no longer have anything in our account. I was also a victim of Fomo before and lost a lot of money with it, it taught me a very important lesson in this market. Never Fomo any altcoin because it's just a trap


Title: Re: Whales ATM
Post by: Russlenat on June 14, 2020, 11:43:48 AM
Good advise but not everyone of us here allowed to be an ATM for the whales.
I understand that the market is pretty much controlled by whales, and based on my experience, whales always win because they can easily manipulate the market.

Crypto is still young, it does not have a solid foundation, without whales it will collapse but there's only one way to benefit on their manipulation, and that is to study their behavior and ride with them, bet against what the majority are thinking as they usually are wrong most of the time.


Title: Re: Whales ATM
Post by: rodskee on June 14, 2020, 11:53:47 AM
When I was just starting I was a victim of a lot of FOMO, these whales are collaborating with traders and newsmakers to make it appear that there is no dumping going on, I stopped reading those hype and FOMO it's the fastest way for you to lose all that you have, always go for the coin with proven stability in the market and you will not regret it.   

It's not new to most of us, FOMO's due to lack of knowledge, afraid of losing opportunities to earned from this venue
of investment make investors become an ATM for the whales.
You need to do more research to avoid being caught by this big players, though experienced taught us and prepare us
how to act from the market.



Remember that every time you place your money you are responsible in any decision that you'll going to take. Whales
will only move you if you don't have any trust to your own research.
If you are careless volatility will burned you down.


Title: Re: Whales ATM
Post by: Krislaw on June 14, 2020, 08:48:48 PM
The aim here is to make profit. Why not become a whale yourself and manipulate other whales. At least, there are whales that manipulate each other.
Some people make profit while some make lose from pumps. The opposite also happens too.
The market is risky which makes it look like "if you can't beat them, you join them game"


Title: Re: Whales ATM
Post by: TheGreatPython on June 14, 2020, 09:12:19 PM
That's the thing about whales, they can't make you do anything you do not want to do. They can manipulate the market, they can speculate the prices, they can print out news everywhere about stuff to blur your mind, but as long as you stand tall and not budge over, that means you will definitely survive. I personally will not buy when price goes up, I will buy when price goes down, even crashes, I will keep buying as long as it keeps going down, as long as I trust the coin I buy that means I know it will go up eventually.

Sometimes you invest into a coin that will never recover but that's fine as long as you keep doing it for all the coins and you can't really pick coins that all will become worthless unless you are very unlucky or have no idea about the crypto world.


Title: Re: Whales ATM
Post by: South Park on June 17, 2020, 12:45:57 PM
The whales can do anything they want, but I don't think that they can manipulate bitcoin price anytime because that will need a lot of money, and that is not only in one exchange. We can use our time to search the right time to take the benefits too like what the whales did at the market because if we can watch the market move and we can analyze the market, we will found out that time so we can get the right time to take a chance and make a profit. But we don't have to chase for another profit because that will not easy.
I think they can manipulate the market, after all they do not need fiat what they need is bitcoin and that is what they are holding, for a long time it has been speculated that if the price of bitcoin went up whales eventually will become less powerful but now we are finding this is not right, after all even if bitcoin becomes as valuable as one million dollars per coin the truth is if a whale is holding hundreds of thousands of bitcoin they can still manipulate the market as they want because what matters is the number of coins they are holding and not necessarily the value of those coins.


Title: Re: Whales ATM
Post by: minairia3 on June 17, 2020, 01:55:02 PM
As if we allowed them directly? You cant tell if whales are playing with you until you are in the middle of it. Thats too boastful of you OP to judge mostly of the traders that lose on trading and assume feeding the whales.

The aim here is to make profit. Why not become a whale yourself and manipulate other whales. At least, there are whales that manipulate each other.
This is not easy to do, whales requires to have huge funds before you can play the market. Maybe for small marketcap that is unknown you can be whale but for good projects thats not easy.


Title: Re: Whales ATM
Post by: Arkann on June 17, 2020, 01:55:23 PM
The aim here is to make profit. Why not become a whale yourself and manipulate other whales. At least, there are whales that manipulate each other.
Some people make profit while some make lose from pumps. The opposite also happens too.
The market is risky which makes it look like "if you can't beat them, you join them game"
In order to achieve such results that will enable manipulation of the actions of large whales, which you are talking about, you need to have a fairly large start-up capital. Although you can create an appropriate project and attract investment funds in order to try to restore the balance between whales and ordinary cryptocurrency users in the cryptocurrency market. but it seems to me that this idea is little feasible.


Title: Re: Whales ATM
Post by: bittick on June 17, 2020, 02:46:15 PM
The aim here is to make profit. Why not become a whale yourself and manipulate other whales. At least, there are whales that manipulate each other.
Some people make profit while some make lose from pumps. The opposite also happens too.
The market is risky which makes it look like "if you can't beat them, you join them game"
In order to achieve such results that will enable manipulation of the actions of large whales, which you are talking about, you need to have a fairly large start-up capital. Although you can create an appropriate project and attract investment funds in order to try to restore the balance between whales and ordinary cryptocurrency users in the cryptocurrency market. but it seems to me that this idea is little feasible.
That will not possible. In my opinion that whales are always manipulating everything as long as they can take the advantages from what they have been manipulated.
Crypto is about who is stronger and he will survive