Bitcoin Forum

The whales and big investors did not need indicators both (technical and fundamentals indicators) before buying or selling Cryptocoins.  This has just made me to believe that the indicators are just there for me and you to lose money and not to make money as the price will still go against you no matter how intelligent you are in technical analysis.  The market seeing to make it own mind and that is to say the whales push it to any direction they decide at a particular time.

Everyone needs analysis when trading, more so those who hold higher amounts.

Whales do not control the market they only have a degree of influence over it, and it varies depending on how much they hold and what currency is being discussed. Bitcoin for one is a currency that can resist manipulations to an extent, as it has a very high market cap.

There are notable cases of when whales have lost out when trying to manipulate the market.
Put up a low sell order for large amounts people bought up and still the price rebounded fee days later.


This couldn't be more false.
Instead of dwelling in the stories you have been sold of whales and the market and manipulations.
Make an effort to research and read.
Whales are most times very rarely involved in active trading.
Everyday individuals are profiting from the market using technical analysis

Do you call a person a whale based on what they call themselves? Then you are wrong. A whale is a big investor or a big buyer of coins. Can be your neighborhood "richboi of richdad" who bought crypto thinking its going up to moon while its a shitcoin going down. Thats also a whale. It can be a venture capitalist who take TA into account and has been watching the market like everyday and thought that this was a time to buy in.

You are a fool if you think TA is bullshit. This is a selective biased opinion of some people who have lost money and an expression of the hidden frustration of days of hodling and seeing red markets. If you cant handle it then you should not venture into crypto.

This is true since those people can widely manipulate the crypto market whether they want it to go up or go down. But they also need the majority of people.

If it is truly so easy to analyze the trading graph and the traders are able to make accurate price prediction on any crypto-currencies based on the candle movement on the trading graph, I guess every traders would have already become rich easily by trading crypto-currencies, trading is a risky activity that is similar to gambling as there is no one in this world who could predict the next price movement on any crypto-currencies just based on the trading graph.

I don't think so, a whale also needs a strategy to fight other whales. Indicators are deliberately created to influence followers, so many people are enchanted by seeing the indicators. Although basically everyone does not need an indicator to make a profit. However, when many people agree to use indicators, that is the art of trading. Whereas whales are full of creating they are own technical and fundamental indicators, so only a whale can create indicators, we as followers can only guess.

if your statement is true and absolute then all we have to do is guess the direction the whale is moving, when we are behind them all will win even if you don't have any skills. Is that true?

If you can accurately guess the directions the whales are taking there is no way you will not make profits from the market.  Some times you have analyzed the market and the next thing you see is that the market is going against that analysis that you have made.  I think we just need to predict the whales's action and make profits instead of follow technical and fundamentals analysis that the whales can turn with just a click of mouse.  It is good you express your opinion without results to abusing word.  However,  technical analysis can only predicts the market not the mind of traders.  Those that has huge money,  moves this market to they favour.  It exists in every market and not because you analyzed an asset and you lose money at the end mean your analysis is wrong but you were not luck, and that is why the whales takes the other way.

Yeah. Money always push everything so whales has the power to push the market also, remember the traders itself making the decision of the price. Well, whale do push it directly on what they decided.

There is a lot of truth in this, because most indicators on open markets are basically something like a self-fulfilling prophecy. If a significant amount of traders believe in tribonacci, all of them will act the same way and that's the reason why it works (therefore self fulfilling). This knowledge can be gold if you know how to use it wisely.

A whale on the other hand can use the same psychological fundamentals, because he can actually provoke such patterns and trade on the most likely outcome in advance. Happens all the time

Yes, that is the power of money. They control the market in currency and the good or bad news does not affect the cost of Cryptocurrency. So many people think this is a sin market and I agree with that. Here, the only people who can make a lot of money!

i think they are like putting a trap to get personal desires. by creating fomo or fud, of course they get a lot of money. usually balanced with news, to influence mindset of other traders

I encourage you to please read the below post to clear some misconceptions about the whales,

https://blog.chainalysis.com/reports/bitcoin-whales-oct

Hope this article will help you to understand that whales are not manipulators! I know my reply is little off-topic but the quoted statement made me reply here.

How is this a sin market?

Firstly, people love pumps and dumps, but they don't like manipulation. It's contradicting in every possible way, especially with how it once again points out that people are hypocrites.

They think it's fine as long as it allows them to make money, but bad if it causes them to lose money. The world doesn't work that way. People need to suck it up and grow a thicker skin. What else is there to do?

Secondly, big money in a market severely lacking liquidity always causes significant price movements. It impossible to cash out or buy millions worth of coins at once without the price moving 5-10%.

You could say why don't they slowly buy or sell, but that comes at the risk of other large players either selling or buying. In other words, deep pockets have to act quick in order to do what they think is necessary.

Whales =? Normal they wont rely on those things yet they can drive out the market if theyd wanted to unless if majority of them would decide on where the price should go.

Traders=? Its not a valid conclusion that we arent benefiting with those analysis both technical and fundamental.Havent you consider into those profitable ones?

My question is: who are these whales? Where are these whales? because nobody shows any whales? What do these whales gain?


if we assume that there are whales, because as I have never seen any whales, then I do not believe that there are whales and that these whales devote their time to manipulate the market in their own benefit


I do not believe in the existence of whales, so I believe that the movement of prices is only related to supply and demand

Okay then, if that is what you see then go with their flow.
But how the hell are you going to do that?

That is why we have technical analysis and I do think the time when whales are going to make a big trade should also be considered with that analysis.

We need a man on the inside. But how much will that person should be paid to exceed the price that the whales are giving to him?  ;D

However, in my opinion trading without analyzing will cause expense of trader and he needs the chance to make a profit. Imagine, if he wants to enter the market at a time of panic, he turns from whale to fish.
It is also possible that you say, but I know only Satoshi who has enough Bitcoin.

Well if whales just bought and sold without any analysis or thought then it would be a great situation for us because they'd be losing money and we'd be able to profit from that. Everyone needs to think through their decisions and they also need to realise that just because analysis suggests one thing does not mean the opposite can happen, it sounds like you need to work on that especially.

Good read. To answer OP, whales are only those with deep pockets that yes have an influence in some degree to the price action. Most of the time they buy when no one is buying and mostly sold their position then they move the market when they think either using funda and technicals as their bias. The market will not always go with them for sure as they don't control whose going to follow.

I think the whales also need to understand the market to know the right timing to inject the fund, it may seem like they don't need any analysis to put their money but I am sure that they have their own speculation and timing, wrong movement could be fatal

Everyone needs an indicators to predict the next move, it's just like patterns that you read the movement of your enemy but instead of enemy, we call it as a price, stocks, marketcap, etc. Without this we are going blind and it is too hard to predict the next movement of the crypto currency but with such patterns on the chart you can tell already on what would be the next crypto currency that's going to pump and the next one to dump.

Really skeptical of your explanation right there bud. So when you are saying that "whales push it to any direction" do they win the trade on expense of our money? Are we always losing and they are winning big? I am aware that the this market is still on it's infancy stages so huge pile of money could affect the price action, but it won't apply on high marketcap coins like btc because a whale without using any indicators could get rekt. Maybe you are saying that this could apply on low cap coins like on top 600 above, there, even 1BTC owner could be considered as whale

TA and indicator is a visual representation of current market condition. just like a map. then you can guesstimate what to do next. what happen next is 50/50 chance of success. dont forget their other people who have the same capability as you do. know yourself, know your enemy.

I don't believe this is true. Even big investors have to rely on some data before hitting that buy/sell button.
Many of them became a "whale" because they know how to analyze and they would be rekt if they would just ignore those data.
Do you have other data that could back your statement? Or this is plainly your own opinion?

Crypto market has low cap and volume so its will be easy to manipulate by whales. So to make profit we should also follow the whales,  technical analysis actually help us to predict when whales bought and sell their crypto,  like we can see it from the candletisck pattern.

Why do they need to look for indicators when the market will go towards they’re position because when they buy cryptocurrency for sure many will ride to the price growth they provide as huge volume is what the market will experience because of tthis

The thing is,if we will not only turn to be a observant and smart about what is the markt bringing us,because mostly we become a victim by this whales pumping tactics

I would not be that negative, although I unserstand your points. But still, I believe the whole community has more influence on the market, than a couple whales, especially in Bitcoin, which is surely the most stable coin now.

The whales are in control and this is so because of the volume they are holding. The always influence the market and create the type of sentiments they wanted for their own profits not minding who is hurt by their actions. This will now explain why a lot of traders lose money because you are always trading against the trend set by the whales unless you were just fortunate to be on the side that they  have pre-decided  to trend then it is your payday. We must continue to trade but must be careful. Beware of the Whales.

The only thing they need most of the time is actually the ability to read emotions on the charts, but believe me, they know much about technical analysis as well, and they make use of that to their advantage, knowing the response that would be gotten at some points that would likely favor them.

However the thing about a whole lot of them is that they have nothing much to worry about as long as the market remains purely speculative, which is what makes it very easy for them, in the aspect of the market getting even more matured and getting used in real life, I guess it is something that would really be of great help to the space, and whales will not really be having more of an influenced.

I thinks you have an probability of thats what you stated about the big player of this cryptocurrency investment that they dont need an indicator to determine the data chart of cryptocurrency investment because they can manipulate in there own ways by commanding with there own authority of when should they doing the pump and dump situation in the market.

It still perturbs me when I actually see a person who sees technical analysis as something that is irrelevant. You are plainly right bro, as whales are just more like any other trader, and the only difference here is that they are market makers and based on their level of input on the market, it can actually cause some participation but at the same time.

What really makes them a whale is just their big trade volume and nothing else, and for a normal environment, technical analysis is something that is useful for the whales down to the lower chain of small fishes, except that most times, they always have an edge.

Well of course, they do not need any indicators they are whales for Christ sake. You do not need indicators if you are beating all of indicators and doing whatever you want anyway. I mean you would basically require a whale to do it and millions of dollars but take a look at the volumes of the coins if you do not believe it.

Depending on the coin the "whale" changes value, if you mean whale for bitcoin you need millions of dollars but if you have it than you can basically check out what indicators says and not care about it and just do the opposite because you have enough money to do it and not care about it. Of course, on smaller coins that amount becomes cheaper and you can basically still control that coin and the market of it by just doing whichever direction you want and keep buying or selling and controlling it and no indicator could guess what you are doing.

Did you not know that the population of the world is 99% idiots and the remaining 1% are the ones with brains among which the ruling class exists. The reasons idiots will never improve is that they take their emotions and false logic in front of them but deny what is actually scientific. Of course TA maybe not be 100% accurate but it is one the methods to analyse the market.

Whales are not necessarily a very important person. In face the whales wont be found in forums like this. If whales would be considered as the people making the market then the people in this forum at least 90% of them are the slum-dwellers.

If someone cant handle market indicators to analyse then they should blame themselves for not having patience to do so.

Two very wise comments here. Of course the Whales do not need any indications and signals. They rather make the indications and signals as they have huge capitals to influence the market.

So they have no fear to loose because it is the common man who needs to fear and yes if you are able to get an insight into the direction in which the Whales would move, you would be on the safe side unlike those who act after the transactions are done and in that case suffer the consequences.

they wouldn't be call big whale if they need indicator, they are THE indicator. most of us traders make our move according to market movement. due to big whale move large amount of crypto and cash around  the market that affected market movement. what we saw on market movement is actually result of previous trading, it is nothing related to future market movement. 

The indicators are for the people who want to go with the market consition but the whales means owing huge amount of cryptos so they can make the market consitions in their way so they no need any paramenters or analytical skills because they have money.Its everything! :(

I totally agree with your thoughts. Many people still use techniques to analyze price charts but I think it's useless. This is a psychological battle between investors and whales. If you catch up on it, you will definitely be rich. Otherwise, you will die. That's the rule and we can not do anything else! ;D

If the technical analysis always showed the price correctly, why do we need more analysis? We cannot erase this due to occasional analysis errors. Whales can go at the time of recession contrary to the chart. Their power is not inexhaustible and if you see this as a problem, why do you engage in trade?

Technical analysis doesn't really give out a guarantee that it can work just on Forex market,How much more if we do talk about Crypto
which we know this had been very volatile anytime that will cause such failure on most analysis out there which is being used.The thing we can talk
about Whales is that they can make decisions depending on what they are trying to do and since they have the capability its either they would
line up with technicals or completely derailing into their own.

The Whales buy and sell based on when other traders are buying and selling.

Because they buy and sell in such large amounts, the whales can only buy a Crypto when lots of other traders/investors are selling it, and can only sell when lots of other traders/investors are buying it.

In other words....

When the price is rising, the whales CANNOT buy. They only buy when the price is falling, as that's the only time when enough people are willing to sell to them. Same goes for selling. The whales CANNOT sell when the price is falling. They can only sell when the price is rising, because that's when lots of other traders/investors are buying.

They can't sell unless others are buying and can't buy unless others are selling.

Whales might not want the technicalities of the crypto ecosystem but as far as I know they are smart enough not to fund a shitty project which tells me they have the basic information to steer themselves away from shitcoins, so indicators are needed at all levels, the only difference is the interpretation of the data at hand!

 

The indicators are just the signs but it is not a fact that it will come true always so most of the people don't follow the indicators or any technical analysis but still they were doing this as gambling and made money if they are lucky enough.

I disagree with you on this because I believe that technical analysis is actually important or if not that at least following the news and I also think that big investors also care about this when looking to buy coins because otherwise they might just as well throw that money away - which is unlikely.

With this volatile market we can really say that this is similar to gambling but I don't believe that most people are treating it this way.We know that market is very volatile so we are aware that
any analysis will not really be precise as we predicted but atleast we have our own ways to utilize it even its not accurate but it is always a better option.

Like what everyone said, no one can predict market because many factors that affect it. But do analysis by ourself is good because we can do this thing to trade in other coin or other trading activity. it is better than lucky guess where market will go.

Thing is Technical Analysis is not everyone's cup of tea. It a totally different branch and it needs intellectual and educated people to actually understand and apply it. Not that every next door get-rich-quick wannabe trader would be able to profit from it. What happens is that due to peer pressure some wannabes like the OP, enter the market hoping to make some profit by their "friend" who gave them some tips of TA. Fact is most people are like that wont use their own brains to decide their trading methods.

End of the day the "friend" goes to a profit because they sold when the person in question bought and thats what they were actually doing altogether. Trying to pump so they could dump.

I think so, whales just do what they want. They easy to pump and dump the price, and as retail trader we have to follow them.  In 2017 all crypto was pump multiple times and after that huge dump, and whales been do that. We can not avoid pump dump action in crypto market because the market cap still low, so that will be more easy to pump.

The thread got me thing. Yes, it's possible that those whales doesn't care about any analysis though because of their deep pocket. Of course its better to buy in dips, but I'm speculating that they are willing to buy at any price and then manipulate the market on their favor, not far fetched, in my opinion. And its very evident specially that we're in the bearish market right now.

Bearish market is the hindrance why the whales cannot move out on their plans. Once there's a huge potential to increase market profit, I think the whales will be back again and will make our world go round. Same as what happened last 2017 we're surprised, and again that will be the scenario being expected by many.

When you have enough money to change the market yourself (or you and couple friends) why would you care about indicators. I mean if the indicators show that price will be going down you can just buy a lot of coins and increase it while everyone expects a drop, same applies to indicators showing the price going up and you can sell bunch of coins and drop the market. It means indicators doesn't really apply to you. You are an indicator by all yourself.

A whales moves is an indicator on where the coin price will go. Just do whatever you want and profit from the moves you made yourself. Just buy a lot of coins, let it go up and then sell them whenever you feel like you made a profit. Price will fall even harder maybe so you can buy it back as well for cheap. Being rich gives you these kinds of privileges.

Whales are waiting for more players inside the market before they will begin their dirty tricks, as more money flowing around the market and newcomers
that start to invest, they will start making directions and command everyone to whatever movements they wanted to go, the trend will change up without  any technical analysis that going to follow, just a group of whales who's hungry to grab every penny that investors and traders have.

You are completely wrong, the whales need to use indicators as well to tell them what to do, however more than anything they need to watch the volume of a coin and the volume of the exchanges in which they are trading because it is very easy for them to crash the price if they are not careful, if anything whales have even more limitations since everything they do affects the market.

I agree, just like a normal trader, we do have our own indicator before making a decision.

The only difference between the whales an a regular trader is that its purchasing and selling power, whales have a lot of power
and with that power, they can move the price in their favor. But we should be smart to spot that, if whales are doing that for something to come up,
then it's timely to be smart as well to prepare for that.

Whales use their money to manipulate the markets that the basic idea. Now when they are going to do so and in what direction they are going to pull the market is still a mystery. We think that they watch the technical analysis but there may be other factors too.

They may watch the movement of small fishes and decide to dump on them when price rises as well. Then watch the panic sell happen and buy back at low price. It is important to note that these movements actually make new people curious of the market. Without whales no big rise or crash would occur and the market would be stagnant like it is this week.

the market knows no whale. it is likely to follow any direction it faces. surely it is all about demand and supply. and when the demand is high, the market moves in a positive direction with supply declining. when selloff is high and demand reduces, the market plummet. we all that ply this market need to be vigilant to avoid loosing our hard earn money.

I disagree to the OP because first of all fundamental or technical analysis is the most important thing in trading next is the psychological aspect, emotions to properly execute their trades. The market is designed to take your money but if you don't ever wonder trading is about making money for others not only for whales by having a good time and strategy to make money with this whales.

The market is dictated by whales, sure it's based on demand and supply but because they have the power to manipulate
the market, they can also create a fake demand to move the price based on what they like to see, and at the end of the day, they still make money.

Adoption is the real problem with crypto, we have a lot of people who are adopting but only few people who are holding the biggest share of the pie.

But whales know the market and they are partially responsible for the movements.

I am not sure how long you have been in the market but its does not function just in a hard and fast manner. Yes it does follow the initial movement for sometime but in depends on how others are trading - if there are big sell or buy or orders when the market is moving up and down respectively there will be fluctuation in the prices. Not everyone is going to FOMO in when the price rises.

analysis is only a way to anticipate mistakes in the selection of decisions in trade, in fact no one can predict the fluctuations in the price of bitcoin in particular by continually deciding correctly.
because if anyone can do it, everyone who follows his analysis will be able to get rich very quickly, and if there are people who are lucky there must be someone who must feel a loss, that is one of the laws of trade in crypto currency that I have felt so far.

The whales has been pump and dump the price of crypto so to make the same profit like them, we have to follow it. I think there are collusion between whales to pump and dump crypto. For now whales look like just taking rest and they will be back in next afew month, so bull market will be coming.

This is easier said than done, if we only know their action then we could easily follow.
It's still a lot of guessing since whales are smart, and they don't want to get notice on what they are doing.
Even if they do, we have no idea, but I think in order for you to become whales, you need to have the power to move the market
and they could also be in different direction sometimes, so we cannot expect it's easy to follow them as one may loss and the other may win.

yes, I see whales do not have indicators or even don't use them, they only rely on the large funds they have to move prices in the direction they want.

The actions of the whales forms the market sentiments which drive the market to any direction which they desired. Trade aids (indicators) helps when there are no major actions from the market markers(whales) but the movement will then be ranging and not trending. This will result in a small profit for all your effort.

It cannot be said with full confirmation that whales are the reason for every pump and dump or any collusion. Several hedge funds are making the market move when there is a certain trend that is being followed. This trend is set by the news that goes into the social media and in case you follow then you will also become aware of them. In general do not buy a coin which you have never heard of and reached 500% gains in one day on coinmarketcap charts. Those are obvious pumps which will be dumped or already has been dumped by the time you login to your exchange.

It is presumed that whales are behind these huge movements but to what extent is still a mystery and something these get revealed but with a lot of speculation.

- I don't think so, I believe whales still need indicators, they need to know the trading volume and the number of coins the user is accumulating, and from there, they can build traps to push others into their nets. They can not rely solely on large amounts of money and change their prices according to their wishes because this market is so big, many whales, they always fight each other every day, just a little bit of mistakes, other whales can cause them to take a lot of damage, using and analyzing indicators is essential for all their plans to be perfect and achieve the highest profit

You got it right man!

Even myself would do the same thing even I'm a whale investor.You cant just rely with your financial capability because risk of losing big amounts would be still there.You cant act as you please on what would be the results and as you said that there is also other whales lurking which do only waits for the right opportunity to move.If you do made such reckless actions then there would always be a price.

I don't know what they are waiting for? if they influence the market or can manipulate the market, why don't they do it now?
is whales really rest right now ? so that makes marketcaps go down very deep?

The only thing whales are waiting for is that they sell at least 80% of the bitcoin, there were many who bought bitcoin in 19k, and do not want to sell them in 3.5k, if that does not happen, the price will go down, it's simple, they are the strong hands they will never buy expensive.

The whales is for the group the of rich people's to afford buy huge of coins in cryptocurrency marketcap to manipulate the marketcap price small investors can't do that.

The market moves either bullishly or bearishly along the lines of supply and demand. Just let plants moving towards sunlight for survival, so does the market to the big money. The whales call the shots and so shouldn't care what indicators individual "ant" traders use.

it is not entirely true they need to see market trend and read all the chart because you have to understand if some holder is whale in one coin it can't be whale in other coin,but as they have huge amount of crypto so they can manipulate easily but in order to show other trader that chart reading skill is working they have to follow the trend and pump and dump according to it.

By this forum and some people looks like whales are like superheros, they move the billion dollar market as they like, they don`t need indicators, water of food. People with a lot of coins can affect market more than others, their orders can create temporary trends but not every time. Pump and dump schemes are orchestrated by big groups, the bigger the group is more easier they can pump some coin, but when it comes to dump just the ones on the top make good profit, others very little and some end up with zero worth coin!

even though they are whales who have a lot of capital but when they want to buy coins, they must also see some graphs and indicators to find out the most appropriate position to buy and sell coins.

undeniable but true. all they need is to get together and decide when to hit the market. it is a well executed plan by them and believe it, if you are lucky when this pump is about to be made. you will get rich.  you are made. they pump the market when they feel they ave spend enough and they need to recover what was lost. i believe that one day, i will get here.

I think whales the following trend every time, They act like a hammer breaking strong support and resistance levels for the continuing long run bear or bull market.

Whales are holding huge amount so they can create the market condition,so no need for them to follow the trend.But still the the whales are in the market? Why not much of price movements in the past month.

Rules of the game are different for whales but it doesn't mean that they should not care about anything, they still can loose money and it happens more often that we can think that is. And I really think that it's harder to be a whale. Their techanalysis is without any indicators, they read the actual price action. Besides, they should keep in mind that there are big consequences from every operation.

Definitely have gotten ideas about that when I came to understand how the market is been controlled by the whales they don't need any chart analysis. And also the amateur traders tends to fall in their traps.

I think the whales still need indicators because they want to follow the market and every move of the price. I am sure that the whales still want to make a bigger profit than the other people and maybe they can play the price in any price they want, but still, they need the indicators to determine which way they want to moves. Without indicators, they cannot move the price into the price they want, and I am sure that the price will go up and down too deep without any control.

Technical Analysis is somewhat useless whenever whales are attacking the market. I mean, that was my experienced. I've been using a lot of indicators, but just asn  I thought that I already gain confidence about it but I am lossing. Whales are using what we are also using. They woudn't just buy and sell btc when they feel like it. Just like what we are doing, timing and seeing through all the aspects are to be considered before doing so.

I've always been telling you that the analysis on this market has never worked. I've told many of my friends that sometimes some analyzes are completely fabricated and often cause damage, even though some analyzes give results in terms of coincidences. Since there is no regulation in this market, the market changes depending on the great investor's pleasure and this will continue for years. Moreover, even in regulated markets, large investors can continually lead to a fluctuation of the analysis, and you can think of what can be done in this market.

You are wrong! Even if they are very influential person im thr cryptocurrency market. They are still using indicators and technical analysis when they are buying cryptocurrencies. They know the risks that they are taking so they are very careful to their decisions.

I think that the only thing that is in our favor is our luck. If we are lucky then we will gain profits. The indicators are there so that we can analyse the market.
There are great tools to know about how bitcoin has behaved in the past but the indicators cannot guarantee of assured gains as predictions in crypto are not right most of the times.
Though  indicators can still be used to limit the losses and risks of loosing money.

Indicators are just only references don't rely on this, you must need your own technical analysis and dig research on every coin that you pic in trading. But most probably trading is base on luck, sort of gambling that needs luck. You know also how to manage risk but you can avoid risk when you are in trading, riding a risk is much better.

Exactly, you cannot rely on indicators only, as much as possible look around and shop more information that you think vital enough to move
the market. They are whales for a reason and they can manipulate the price and it could be unfair but with their power they can move the price
at any direction they want, they use indicator and mostly they they go to the opposite direction against the public opinion.

I am sure that whales are also using indicators. They are not just buying coins without analyzing it careful. There money are on the line so I am sure that they are using indicators before buying a certain cryptocurrency.

If they are having whole command over market so they are not foolish to do all this without any kind of plan or proper system, I think whatever they do is preplanned and they are working with team of expert traders and investors who use to make them do everything on right time, as buying at low and selling high according to indication of all experts.

They may or may not. A whale may decide to buy a shitcoin and pump it, wait for some idiots to fomo in, hype it more and then dump on those buying new effectively having made a profit and getting back their initial capital. However these leaves those idiots with a shitcoin to hold and nobody to sell to.

Its not that whales wont listen what technical analysis says, but they have some inside news and it was with Bakkt incident being postponed and the dump happened before the news came out.

Overall its not possible to predict how a whale might move the market. They do it for their own benefit : either to stock up their coins or to cash out their coins.

It's funny. Because there is no need of having intelligence in this market as it is all manipulated and fake. You see what you are being shown and nothing else. We act in the way they want because they are having capacity to manipulate this market heavily and thus they are able to control it as well. Now coming to the part of graphs, charts and candles stuff, they are just automatically generated because of the numbers that are changing as the market goes up and down. Now there comes people like us in the hope of getting predictions from the technical analysis. But that is just fake as we know it.

Yeah that's right though it probably means that whales don't fall for fomo or fud inducing news and reports. They have enough assets to burn to be concerned over these things. And of course they also use ta's and they can also sway the market most of the time. These indicators mainly affect middle and small traders like us.

Yes, they have to make sure that their decision is right because they are risking huge money and they are not the only one who can make the market move. Indicators might not be working well in cryptomarket because of the whales controlling the market, but I still think that whales still need indicators to further analyze the market.

If I'm the whales, I can easily pump the price and exit right away after having a good profit so I think indicators might not be the big help for the whales. Though it is still needed to analyze the trend, but since most of the small investors/traders don't depend too much on the indicators I think they can manipulate without using any indicators.

wrong prediction,
You say that whales don't need indicators to analyze the trade they do,
remember that whales or large investors do not mean they are experts in trade, what distinguishes them is that they only use large capital in trading.

Whales are not just buying coins, of course they do not want to lose their money so they are also doing research. They are also using indicators like other traders, they want to ensure that they can make money from pumping a specific coin.

I think whales also use fundamental and technical analysis to buy crypto,  and they will buy it if the price already in the bottom. They will accumulate when the price in the bottomed and then wait for bull market.  Most of them just doing swing trading and after target profit achived they will sell all their coins. Usually they have better strategy and have financial adviser because they use big money and dont want loss it.

They know that they have to do, and whatever they do, I believe they are good on it, that's why they are whales.
Method is not so important, what's important is the result in trading and most of the time they are in the profit side since they can manipulate the market.

so what you mean is manipulation?if i got it right or i missed something?

I never did believe in indicator ever since i am buying or selling instead what I believe is my instincts that mostly brings me to profit though we cant take losses sometimes since this is part of the risk of being trader

Lol we have our own position in each matters,but never forget that whales can move the market shaking if they wanted too

methods by looking at indicators or using technical analysis cannot provide accurate guarantees, because you have to know that there will never be a cryptocurrency price movement that can provide the right predictions, they only use the courage to buy and wait until prices rise to sell it.

But its not for the people who knows how to control the market but they can use the indicators to identify the mentality of investors and can make their decision based on it but for them no indication is needed.

IMO, whale trader need more careful to buy because they capable to controlling global market so every decision their make are critical.
I'm not agree that they need no indicator.

If I was the big whale, I will do it either analyze or buy nothin !

I guess this will be purely depend on where they are trading/manipulating. If they are trading in high liquidity markets then they also must need to use technical analysis so that they can be sure about not get blown away by other whales. But, I believe that whales themselves must be operating some exchanges and when they will be having less liquidity and all needed control then they may go for on their own way of manipulations.

When you have a lot of coins you can dump the coins and make prices to go down, if you are a whale you can start buying and make prices to go up by rising the demand. You can do many things if you have a lot of money, and the point is that you never do anything with all the money you have, even with parts you can make price swinging. Point is when you are strong you can create indicators for others, maybe not entirely alone, you always need a group if you wish to do something big.

everybody is blaming the whales, easiest thing to do when you suck at trading.

And they never blame the whales when it comes to IRL.
If a day I become a whale I wouldn't be bothered to be blamed all day long... ;D
______________________________________
Whales are highly educated people they have a lot of more knowledge and skills compared to people from here (yeah I include me in too).It's usually their job and they make a living from funds management.

I dont agree. For me big investors and whales are the first one to study technical analysis, market trend and coins chsrt movement. Because if you are a whales and just keep buying with out doing technical analysis then you may end up losing all your money. Whales can push price up or down but they can't do it alone they need other big investors and fellow whales to do it so they can create resistance and strong support.

they were wrong  , they must not blame the crypto whales because whales are not the only one who manipulate this market . there are news , fuds , investors , hodlers , and many more  .   infact , whales are our ally because they help us earn a huge profit when they decide to pump the market . they only help us buy cryptos at a lower cost when they decide to dump the market .

Whales are a very easy target, many are envious of them not only by the amount of coins and wealth they have but also of the control of the market they have so whenever things go wrong and people lose money many decide to blame the whales about their losses but they never give a reason why they do not buy and sell when the whales do and get the same profits.

There's no one to blame here if we make bad decision, it should only be ourselves.
Whales have reached their position now because they took the risk in the past and they are enjoying that power now.
We don't have to beat them or go against them, if you see they are good on what they are doing, then just follow them.

This would make you profitable also.

Yes, I think the news will take a big portion to manipulate the news because they are succeeding to make people panic. But the whales still need indicators to check the trend, the price, the order history. And if they found that the news is not right and will make people panic, they will place a big wall in the market to hold people not to panic. Like or not, we still need whales in the market, and if we can follow the whale's movement, I think we can also make a profit too.

Whales are a target but a target for hackers and scammers not for any other trader out there. The biggest customer base of crypto tumblers and mixers are whales who need to wipe out the taint in their coins because they have their own sources of getting money from and dont want to tracked.

Back to topic, what people think in popular belief is not always true agreed. However you cannot deny the same because of lack of evidence. Nobody can pump or dump with high volumes other than whales. They are some big individuals or hedge funds on bitcoin. There are whale movements and often they get aggregated with small traders so it becomes difficult to recognize.

They are successful in doing that, they can set a buy or sell wall anytime as they are just after of the price volatility.
I'm gonna say that whales makes easy money but consistently doing that and even if we complain or blame them, there is nothing we can do
to change the reality as they will continue to dominate the market and will make themselves richer.