Bitcoin Forum

Imagine a world of crypto without millionaires and whales will good news even affect crypto value or not? I believe crypto market can be manipulated to increase in value and also decreased in value so why not just ride along with these so called whales? They will crash the market so that's a perfect time to buy, they will also pump when the time is right and that's the time to sell, this is just my own way of making money, ride along with the whales

It's not that easy mate, maybe just say following the whale's instructions will be easy to detect?
I don't think we can come under the control of those who have trapped the traders in it. The presence of the whales was very helpful so we could make a big profit from the pump they made. But who can be among them, and tell you that in this day, this second, and this minute the whales will pump up the price?

So if you say it's that easy to read the flow of the pope's mind, why don't you share it with us, and where can we get into their closed territory?

That's not going to happen because it's always have been the way the world works. There would always be the ones on top because they deserve it or have been lucky enough to have been in it in the early times.

But for conversational sakes, let say it happens. Everyone will have equal amounts of BTC or USD. It will result in the same thing because people are competitive enough to beat other people, and it will turn people into whales and some into planktons. It will have another impact on the price. So, with or without whales, there's always going to be speculation in the price.

No matter what you do, there's always going to be that power that looms over the market. The best thing to do is risk management.

very, very possible, because when in the crypto world it loses its investors it could be that the crypto world will experience a lack of interest in breaking in. the market price of the crypto world and the price of bitcoin in its circulation, and many steps that will be taken by the originators of bitcoin to improve the world of crypto

Recently i observed that news about partnerships or developments or whatever are not having an direct impact at the price anymore like they did have a few years ago. Now big news go almost unnoticed most of the times or only have a minimal effect on the price of the project. Back in the day a coin pumped when it was only mentioned in mainstream media and nowadays no one cares anymore. Where we can still see a reaction of the price is when a listing on a major exchange is announced, but most of the time those price pumps are only temporarily and after a few days the price is almost back to normal again.

If a market has no leader, it will be a chaotic market. Remember that it is the sharks that make up the bull and bear season. We have the opportunity to make money from it so let's know how to use and respect them.
Any altcoin will have its own shark so accept that.

If you are ready to take such risk of investing when the market is red then you are doing the right thing what the whales are doing at that moment but can you afford the further losses which will likely to happen due to the panic among the actual holders.

Millionaires won't care even if their portfolio value on the red because they know that they are going to hold it for year or until they make huge profits.

Whales are actually unnecessary in the cryptocurrency market. The market will thrive with or without them. So if I were to be asked whether I prefer to have them playing with the price or not, I would immediately choose not having them. They could manipulate the market. Without them, the market is a lot less volatile.

I think the market would be more organic without whales. The price of a certain coin would rise if there is good news about it and decrease if there is bad news. Whales change this.

As Cryptocurrency become mainstream and regarded as safe, stable, efficient and economical to the lives of people all around the world,  the price fluctuation will die out and whale will not be able to move market at will. I think defi is leading us into this reality very soon!

If you can do riding with the whales then you are amazing, i am sure that many people think about doing this they also wanted to ride with the whales to make profit but look at what happen to them they always end up to lossing, riding with the whales is not easy, big whales are unknown and we dont even know on when they make any action to manipulate the market.

If there's no whale to create a wave then it would be the news that would affect the investors on what they would do.
It is whales and News that creates FUD and FOMO so without a whale it is obvious that only news would create such waves to change the flow of the market.

One of the essential ingredients in crypto is the news. If there is a news about crypto, it will be spread widely through different social media and I can say that it will have a huge impact in crypto value either it is a good or bad news. But crypto whales are also important part of the market. They cause a huge dump and pump and if you know how to ride on, you will surely benefit them.

Let's not forget that in 2017/2018 it's possible to control the market with just a good news but today things are different, whales and institutions have a big role playing in crypto space and their value, if they aren't here anymore bitcoin and other coins won't surge as high as they did this year

In the previous years, good news do affect the entire crypto market in a very positive way, but this year's, most especially in this 2021,I do feel that good news no longer affects the market in any way positive, but the irony is that bad news still do affect the market negatively, even at times, good news still causes the market to crash which is quite confusing.
@poster, And as for riding along with whales manipulating the market, it's not that easy man, and permit to say that if you actually think it's that easy to make money in crypto, then you are day dreaming and you should try and wake yourself up, I guess you are not a newbie here so you should understand what I mean, if making money in crypto was all about buying when whales dump the market and selling when they pump the market, then we all will be super rich, crypto will be filled with a lot of happy people cus everyone will be making huge amount of money very easily.
Think about it.

If that so, than there will be a crypto world without any value as everyone will dump it when it'll take correction. Even good news won't have that much effect in that type of situation. So, it's better to have whales and millionaires for better market and we should be prepared for this type of manipulations because it's not the first time. In the previous bull market, many whales and millionaires manipulated this market and this time, institutional investors are joined them. So, next bullish rally will be more effective than previous bullish rally. TBH, let them play around and feel our bags with potential coins/tokens and be a diamond hand hodlers.  8)

Yes good news can affect the market without whales, in bear market many new coins did very well in their IEO sales and the market was in a very bad shape, in 2018 many projects that have very attractive use cases still become successful, it's not always about the whales

There is no doubt that news can influence the movement of the market. Moreover, they can be deliberately created to influence and exploit fluctuations in the ecosystem. There are many examples in world history on this topic.

can, and all that has happened in the past. but the increase is not like when the whales are pumping. To make the market go up high it takes big investors. like elon musk who played an important role in making bitcoin create new ATH. the good news without the whales wouldn't have had a big impact.

That is how the whole market had been since crypto currency had started. There will always be people who will hold large amount of coins and rich people who will play with the whole market whether we like it or not. It is not just whales that are driving the market, project development and massive use case also pumps the market which is a more organic growth than a pump and dump done by whales.

Maybe, without whale the market gonna runs purely on the market's state of psychology I think and good news could more or less affect the price but such world without whales could never exist, since if there's no whale in the market someone definitely gonna try to be one and reading whales' move isn't an easy thing either. What most you can do is just to buy the dip and sell in the pump but it's like trying to catch a falling knives. everything could go wrong as these whales usually plays by their own rules.

I think those so-called whales are part of the trading system elsewhere not just in the crypto industry but across all markets that's why it is not easy to disregard their role involving crypto prices because they have the power to manipulate the price especially in the volatile industry like crypto so it is better to accept that reality and move on let us co-exist with them.

Again, easy to say, difficult to achieve especially when you are on that moment.
Unless, you have information leaked to you by this group of millionaires you won't know where the market will go.
If Elon Musk tells the world in Twitter that Dogecoin is not also a good choice of coin, do you think he is selling at that moment or he already did?
Of course he already did. There is no chance he will put himself in the corner after a bad tweet that would jeopardize his investment.

Very likely to happen, as long as the news really has an impact on the crypto community itself later. not just good news but the potential outcome from the news. the crypto market isn't always about whales.  especially for those coins that have useful feature and also with large communities

It's been a long time since good news has impacted crypto value, so it doesn't have to involve whales to have an impact on crypto prices.
Therefore, don't focus too much on whales when you see price changes in the market. Sometimes rumors alone can have an effect on crypto
prices in the market. This means that in analyzing the market, there are many things to pay attention to, especially news related to crypto
usually does affect market prices. We must always remember "Buy the rumors, Sell the news".

Probably yes but it all depends on how the news can really influence investors to make investment, if its all about adoption such popular names of businesses and etc around the world surely it can give an impact to the crypto space.. Actually this is the common technique of some traders and investor before putting money in crypto wherein they will jump on it only once they saw a news that for them it will really make bump in the price because for them its a big opportunity that they can make good profits even in just  a short period of time..

When whales influence the market adjusts to the very bottom the good news is that cryptocurrencies without whales can affect quality but only if we invest heavily in the market. The whales will come after the bull run however the value of crypto will go up will depend on the investment.

It is certainly better to use whale tactics and repeat price movements with them. However, the problem is that it is very difficult to grasp what they want to do and start doing. After all, it is important to start selling or buying with them, and not to react with a certain delay. Of course, ideally, this is unlikely to work, because the intention of the whales is actually the intention of the price movement of the market, and this is always difficult to do. A successful trader is one who quickly catches market trends and reacts to them correctly.

there is no way we can exclude the whales, they will buy whatever they see as a good investment. they are here to stay and will try milking the market for as long as they could. riding along with their trades takes a lot of skills. the rest of us are also riding by just holding our coins after buying the dips, that's how they ride with them. taking another route may just be a risky as margin trading.

That will be impossible because we have many millionaires who have a lot of money. If they think that crypto is a new way to make more profit, they will try to buy as many as possible. Although the whales can manipulate the market, that will not always happen and it happens occasionally. If we can use the moment that the whales created, we can make a profit. We just need to follow their step, but we should have an analysis to know when we need to leave the market.

There is an impact in the first place but how massive would it affect the market depends on how good the news is and how beneficial it would be to all the rich and financially able investors.Since cryptocurrency is a digital asset and investment method, millionaires and whales are easily attracted because they know how to make profit on it.

Yes, that's workable strategy if you have insiders. However, often we cannot predict what they will do, and following one whale may not be correct because there are many whales in the crypto market. Also, this strategy isn't feasible if there is no coordinated actions between whales.

Regarding to the title, yes, good news can impact crypto market since many small money = big money.

Since the beginning, the world of bitcoin was famous in our ears in 2017 which had intensified the world of the trading market and even it would be sovereign to become a single currency that would shift other currencies, well as we know that bitcoin was originally coined by the mysterious Satoshi Nakamoto in in 2008, so for me bitcoin without millionaires is like a pool without water, so for bitcoin without millionaires bitcoin might not be as famous as it is today, so bitcoin and millionaires need each other 8) 8)

can't, because whales play an important role in the crypto market. they are the source of power in the pump, without them good news would just be ordinary news. without them the market would not even have the strength to survive. remember elon with bitcoin and doge, he is a vivid example of whales playing a vital role in big pumps.

it's really possible but of course it's not that easy my friend, because more or less we need people like them for something. maybe some people don't agree with me but even though they do manipulate the market but look at it from the other side because the coins will not be able to run by themselves without them.
actually this whale has a positive and negative impact in my opinion.
but again there is always an impact from every action and there must always be a risk taken from everything

ride with the whales in my opinion is very risky, it means you only trade when Fomo occurs,
if you rely on whales of course it will become an addiction when trading, and you will not gain knowledge about analysis,
it's better to trade with the rules and you will get both, yeah knowledge and profit.

Good news is the whales itself, then we take over and we impact the price that is why it is so important. For example, "tesla buys 1.5 billion dollars worth of bitcoin" is a good news, the fact is that they are whales and they bought 1.5 billion dollars worth which did increased the price I am sure but not too much, it went probably 10% high at the most, probably not even that much. However the news of them buying that much made it go up 20%+ because we all got together and bought, and some people stopped selling when they saw that, which increased the price a ton.

This is why I think it is quite important to realize that whales are the news, whenever a whale move happens it becomes a news and we react to it and that is why the price goes up or down depending on what the whales does, not because they are capable of changing the price, but we change the price because of their news.

I think positive news alone will still create huge impact on the crypto market even without the whales. But this is not the reality by now. Whales are always present either when the market moves upward or downward trend. It's easy to say if we can ride with the whales so we will always be profitable but whales move secrectly without us knowing so it's really hard to ride with them. As long as we're enable to take advantage either its bearish or bullish, then we will still end up making profits in every way.

Every market can be manipulated. Who would think on Earth that there's no market with a millionaire? every market has its own millionaires/billionaires or trillionaires and they can manipulate the market.

Every news, good or bad can impact the market quickly. But most of the time, it's the bad news that's badly impacting the market and for good news, it barely impacts.

Yes, it is possible that any market news can bring change in prices of tokens. When market continuously dumping then investors wait for any news. If news is positive then all will buy tokens because many of them were waiting for dip so when all investors start buying price increase very good.

I think now whales are in competition with eachother,There is no monopoply in crypto as were in initial days.It is also true that Whales are really superfluous within the cryptocurrency. Normal holder and trader can get benefit from the fight of whales but act like proactive.Market can be operated without whales but positive side of whales is market go suddenly up and down. So on the off chance that I were to be inquired whether I incline toward to have them playing with the cost or not, I would instantly select not having them. They might control the showcase. Without them, the showcase could be a parcel less volatile.

The whales can make big scales. News generally has a very strong impact on cryptocurrency therefore tweets from most reputable whales can cause a major  boost or a change in direction of the market trend. It's preferable as a small investor you invest with the outcome from what the big players are doing. A cryto investor who isn't current with the latest development from the cryto world might miss out of major opportunities

It can but we cannot deny the fact that whales are much more influential compared to news. They can easily manipulate the price movement in the market whenever they want to so most likely, we would listen to what they are saying because we know they can make it happen. On the other hand, news can still make an impact to many investors and if ever there are plenty of good news, it is much expected that investors would be much more active unlike when news are usually about the market falling down.

In my own opinion, in as much as whales manipulate the market they also contribute to the growth of the market, that is, in other words good news in crypto goes with whales, one cannot go without the other. Looking at a case scenario, if the market is down, and a good news is released, if whales do not go in hard, you will see that no much impact will be seen, this has been seen over time in this space.
In the issue of manipulation by whales, I do not think that will ever end because in as much as you want to make profit, in the same way, those whales are also looking for ways to increase their portfolio. Therefore, just do you part and be careful about it, do not let emotions get the better of you.

Its easy to say to have a ride along the whales, but it wont, i believe that so many whales in the crypto and they each other go to another direction, so even we follow a whale it didnt means we always win.
So, its better to do Technical Analysis and Fundamental Analysis to do trade, also you need to make sure you follow the rules to have a risk management.

We cannot hold the fact that in some ways good news can impact the market however I still do believe that without the whales it can pump massively because still big whales are those who impacted the market massively.

if it happen so we are in organi growth which is project show good developtment in their product and investors trust with them. while in this condition , whales are not needed they just make price move have no direction. only pump and dump in short periode. for those who believe in product developtmen , organic pump will more natural and health for price.

There must be a whale on every bussiness in this life more over in crypto because the price of cryptocurrency was nothing back in 10 years ago, there are several people who bought tons of em and became a whale in this current time. So i think the group of whales always can affect the market price when they're doing something and good news sometimes is just the trigger for baiting people to buy after they see the market pumped by the whale

I think it could, in fact, mean that bitcoin's development happens purely without a push like a flash pump that will cause prices to drop. Pure development is when there is news it rises slowly without much follow, so bitcoin becomes a good asset to have

That's the law that has to happen in cryptocurrency, because they are the ones who make the demand. But sometimes I'm a little annoyed with the pope spreading fake news, causing new traders to panic, so that they can buy under and sell above easily, This I call impure growth, I hope in the future bitcoin can grow purely, because it will be healthier.

Without whales, the market will sideaway for longtime and the market will moving with low volatility. The whales will trade by different phase, first accumulation when the price in the bottom, this can be take for a few months and then they ready to pump it. They do that also according to fundamental, news of the project and trend of whole market. Usually they did it by use bots.

IMHO, whales in cryptocurrencies are unavoidable as long as there's no buying limitation regulated by the projects. I doubt the real decentralization would happen. Furthermore, I agree with you, as a small player there's nothing we can do other than ride along with the whales. This relationship can be described as a relationship between remora fishes and sharks. Whales make cryptocurrency trading become more interesting by the volatility and pattern shaped, and I doubt the news only can move the prices in the market so significantly without whales' interference.

A cryptocurrency market is a place where people in the world can trade with each other easily and with high profits because their capitalization is so small. The whales will drive the market up and that helps everyone make a profit. Without the whales, the market would probably have lower volume and more chaotic trading. It was whales that helped the market uptrend and altcoin season. Personally, I would choose to act on the whale. They are actively collecting Bitcoin right now so buy with them.

This method will work if you enter at the right time, if you are late and invest when the price is too high then the whale will destroy the value of the coin making it worthless.
try to go against the grain once in a while and don't expect anything miracle.

the momentum of entry and exit from investment is indeed very necessary. and sometimes we forget that those who play the market are people with big capital.
if we follow the flow of the pump that is made and buy at a price that is too high it is also very risky even though the asset we choose is a top market asset and we can trust they will not scam.
new people in this market mostly don't pay attention to it.

That's the risk with going for a speculative altcoin though. You are by definition speculating,,, and hoping to get in at the right time. Have fun, sure, make profit and enjoy, but also be aware that eventually you will buy a losing trade. Much better to keep your eggs in Bitcoin and strong alts for the long term and go live your life without looking back over your shoulder every time on alts like these.

I personally don't think that it is possible for the market not to have people like whales in the system because we all cannot have the same amount of investment in the market, so some will definitely have more than others and this situation will still exist even though I do believe that good news or Positive news from the crypto project can influence price without whales manipulation.