Bitcoin Forum
June 22, 2024, 11:19:49 PM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: How to distinguish the size of a whale lurking in altcoin?  (Read 228 times)
patz22
Full Member
***
Offline Offline

Activity: 1176
Merit: 104


View Profile
February 08, 2019, 04:05:23 AM
 #21

Based on my experience most of the time they will go to loe volume coins then suddenly it will go up. Of course, these sre pump groups as well that has a large amount of capital than manipulate its market over time. Well at some point you just need to ride however theres a chance of loss.
rocketcoin88 (OP)
Newbie
*
Offline Offline

Activity: 63
Merit: 0


View Profile
February 08, 2019, 06:05:05 PM
 #22

Based on my experience most of the time they will go to loe volume coins then suddenly it will go up. Of course, these sre pump groups as well that has a large amount of capital than manipulate its market over time. Well at some point you just need to ride however theres a chance of loss.
Is there any warning? Which indicators help to judge in advance
rocketcoin88 (OP)
Newbie
*
Offline Offline

Activity: 63
Merit: 0


View Profile
February 08, 2019, 06:06:42 PM
 #23

Check the charts on coinmarketcap and look out for massive spikes. These are indications of whale manipulation, unless at that particular time there was amazing FOMO news like a partnership deal with Apple. When you see a lot of whales, get out and switch to another coin with better distribution
Why do you see a lot of whales but don’t buy it and enjoy riding?
ssuchy
Full Member
***
Offline Offline

Activity: 490
Merit: 100



View Profile
February 08, 2019, 06:42:55 PM
 #24

Check the charts on coinmarketcap and look out for massive spikes. These are indications of whale manipulation, unless at that particular time there was amazing FOMO news like a partnership deal with Apple. When you see a lot of whales, get out and switch to another coin with better distribution
Why do you see a lot of whales but don’t buy it and enjoy riding?
It seems to me that in any case, if the whales are interested in any project, then certain manipulations will take place and this will go only to the detriment of the project itself and there will be no healthy trade, nor will there be a natural development for the company. It seems to me that if whales work only for getting super profits, then there is definitely only a negative here.
South Park
Hero Member
*****
Offline Offline

Activity: 2926
Merit: 798


I am terrible at Fantasy Football!!!


View Profile
February 08, 2019, 10:14:50 PM
 #25

Based on my experience most of the time they will go to loe volume coins then suddenly it will go up. Of course, these sre pump groups as well that has a large amount of capital than manipulate its market over time. Well at some point you just need to ride however theres a chance of loss.
Is there any warning? Which indicators help to judge in advance
Is there a reason of why you want to know if a whale is interested in an altcoin? Do you want to take advantage of the moment when the coin pumps or something similar?

And to answer your question whales are smart, they will try to get positions in a coin without leaving traces or evidence they are interested in an altcoin, if they left any traces then people will know of their involvement and they will not get their projected profits, so unless you are part of the circle of whales I doubt you will know beforehand in which altcoins they decided to invest.
patz22
Full Member
***
Offline Offline

Activity: 1176
Merit: 104


View Profile
February 09, 2019, 03:31:55 AM
 #26

Based on my experience most of the time they will go to loe volume coins then suddenly it will go up. Of course, these sre pump groups as well that has a large amount of capital than manipulate its market over time. Well at some point you just need to ride however theres a chance of loss.
Is there any warning? Which indicators help to judge in advance
Is there a reason of why you want to know if a whale is interested in an altcoin? Do you want to take advantage of the moment when the coin pumps or something similar?

And to answer your question whales are smart, they will try to get positions in a coin without leaving traces or evidence they are interested in an altcoin, if they left any traces then people will know of their involvement and they will not get their projected profits, so unless you are part of the circle of whales I doubt you will know beforehand in which altcoins they decided to invest.

Most signals will be given once whales or that group already got their coins so that they will get the full benefit. This is just based from my observations and I even tried to ride with it but I lost so it was a lesson learned.
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!