The Truth about CryptoCurrency

[dady12]

your analysis are very correct ,you are not far from the truth,crypto market are been controlled just as you stated,

[1714007012]

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[1714007012]

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[NaXxow]

Big markets are clashing using this platforms, the average joes' like us are just getting on the waves for small profit. Without them, you cannot expect exciting flow of cash that may, positively or negatively affect you. Once you put your money in this kind of market, you are already one of the players, emotions should be disregarded.

[xiaohang07]

People are still algo-trading when the fee is so high?

[bitfools]

If you spend enough time watching liquid markets, Polo is a good one, you can see quite easily when and how prices are pumped and/or suppressed by those with enough coin to do so.

Big sell walls keep prices stable or lower them, pumps come seemingly out of nowhere when the trading algos of the whales have had enough time to quietly hoover up enough coin to dump and make whatever their ROI % is set at and the dump will happen when the buy orders meet their sell demand to reap that percentage.

This is REALLY evident in the crypto markets because the caps are low and the pricing is volatile as all hell. 

It's NO different than real world trading though, and the saying "no one lost their job for buying IBM" applies here.  The sentiment is if you buy from or invest in a firm that has a proven track record and shown that they can deliver on their promises chances are good they'll continue to do so.

BTC being decentralized in it's administration is somewhat problematic for this to apply, some of the newer DAO styled organizations and/or those with a static and funded dev team have real promise as a company, and since this world doesn't have stock, but cryptocoins you can think of it similarly. 

You do need to be willing to take losses though, and know that expecting instant insane gains like have happened in the past weeks are not a given and happen almost by chance to those NOT in the inner circles.


Bottom line: NEVER INVEST MORE THAN YOU'RE WILLING TO LOSE

Never GAMBLE with more than your willing to lose, there fixed it for you.

Investment is a sure thing, blind faith that 'SHIT' will turn into gold is NOT an investment.

Real Estate is an investment, as well as GOLD in your possession.

[NPG331525]

There are 'whales' in any places, in any places, in any platform.
Whales are great. Be like whales.

[alpsea]

Yes it's a enjoyable gambling game
I think all the gambling games are beautiful
People gamble to earn money, here too
Have fun but this is second plan

[wishxy]

There is much more coins and projects than whales.
Nobody have total control on anything most important in the world from one center.

[abduljacklu]

Anything with digital exchange or currency is gambling,forex is a gambling game so you are right this is the truth.

[mR.k0fka]

yes there are many whales that manipulate markets
but its not a gambling game, because when a coin goes to mass adoption stage, millions of people buy them and its just unstoppable rise...
cryptocurrency is not gambling, if you dont look at it that way...
there are many trustworthy projects that really made to do some thing goood

[coat47]

Hi,
I agree with you AmarO about whales, they dictate/lead the market.
Sure, the ETH will grow up but not so much (in comparaison to other big altcoin like dash, litecoin etc or btc) because of the ico.
I think that most of ico use the ERC20 so they “exchange” their token vs eth. At the end of ico, the companies have to sell their ETH vs Fiat.
Because unfortunately, you still pay bills, rent and wages, etc in fiat.
When you see how many ico are launched each day. We can say that each week a lot of ETH must be sold by these companies (ico).

[capensis]

NapoleonX is now levelling the playing field for investors with their predictive AI/trading bots.

See NapoleonX ICO live now....   https://www.napoleonx.ai/

PERFORMING TRADING BOTS
More than 10 years of R&D to design more than 20 performing trading strategies; read our blackpaper to learn more.

[thesmallgod]

my question is this, can all the whales you mention work together to achieve a common goal

[capensis]

Only time will tell.
Trading bots/AI on both sides has been used to control/manipulate/predict in the stock markets of the world for many years now.

[CryptoRobert]

CryptoCurrency is just a gambling game. It is controlled by Whales which are big groups, institutions, companies with intelligent computer science engineers and traders that work together to control and manipulate the market, they're not just some average Joes with money. They predict and wait on news which affects public sentiment creating hype and then start the game. They see news come and they have various strategies they can use to cause craze as potential investors watch the market. Whales manipulate the market so the charts start showing bullish patterns for all you chart watchers as well. This is with automated software that runs both buys and sells and manual as well. Once fomo hits then the average guys push the price up as they buy. This is when Whales start selling and they might dump the market possibly hoping to cause a panic sell so they can buy it up and then raise it again. Then they will ping pong the price with some margin. After awhile they stabilize it at a support level then bots margin trade there until the next hype news comes to start the game again. They can do anything they want wether it is pump a coin or crash a coin. So much of trading volume is fake because it's just Whales buying and selling to themselves. They are running this whole scheme. Most Cryptos are decentrailzed but the value is centralized in the hands of Whales. This is like a Casino game, the house will always win but in here if you understand how the house operates you can win with it as well. If they stopped the market would go completely stale and stay balanced for the most part. These entities control the market by influencing and manipulating the steady rise of prices, steady drop of prices, rockets of prices, meteors of prices, wether to stabilize it or ping pong it. All prices are controlled by them.

 
The best coins to invest in are the ones with the most news to come in the future.

My personal recommendation for the best safe investment is ETH because it has so much more hype news lined up in the coming weeks and has a strong foundation so the price will trend upwards even if temporary dumps happen it won't crash. It will keep growing and you can easily double your investment. Other Alt Coins are more of a gamble perhaps an ICO high risk/reward with lots of possible news potential is good. These are sleeper coin investments as Whales invest beforehand and wait for the news to come then skyrocket these coins. You can make lots of money if you guess right on these.


Hopefully this opens some peoples eyes, I know they don't want this revealed. I have made so much profit by understanding how the market works, I feel sharing this is important.


It's up to you how you play the game. Stay safe, enjoy the game and try to spend some time to see for yourself how the market is controlled by these entities.

If you was one of those Whales, you gonna just do like them or more. dont be unreallistic!

like youu dont have the money and knowledge of Whales, invest on projects with big % winning overall in lapse time of weeks, and hold your coins for weeks or months before selling.

if you are a weak hand and like daily trading, sure you gonna hate them, but if you buy and hold for weeks and months, you gonna love them.

And here look at someone that really didn't get it. You didn't understand the OP at all. He is not judging the system, he is just explaining how it works. He has actually exploited the system, after he has understood how it works, for earning a lot of money himself. I have started myself time ago to understand the same that he has told, and I now can make forecast which become true and this allows me to gain. All what the OP said is corresponding to reality. All the rest is just narrative.

[retlaw04]

A very good statement for beginners. Incidentally, I'm one of those, too.
But while many technical self-lovers praise themselves on this circle, I've already recognized that.
And while much of the crypto community sticks to the keyboard fingers of John McAfee, I've come to the idea that such people are just part of that money machine and PR machinery of banks, investors, wales, and rogues.
However, if you follow it all with reason and caution, you can become part of this game.

[minivan]

Interesting opinion. Perhaps you are really right. But this in any case does not prevent us from earning on crypto-currencies)

[Tylev]

If there is a money supply, even a virtual one, it will always be collected somewhere more in certain hands. Therefore, those people who have concentrated more money in themselves will have a greater impact on the market. This is a common truth and there is nothing new in this and can not be. Crypto currency is called decentralized, because there is no official authority over it that would directly control it.

[bobq]

The OP is a quite cynical, but unfortunately quite true depiction of reality. Of course this is not the entire picture, but it is a relevant part of the picture which most of the people either cannot see or chose not to see. I have noticed these patterns of behavior of whales myself, and it is true that once you understand them properly you can even profit from them. Similar games are played also in other bigger markets, like forex, stocks and commodities, but in cryptos patterns of manipulations are more recognizable, since whales own probably a relatively higher stake of the whole market and are thus more efficient and recognizable in their manipulations.
I had to merit the OP.

[capensis]

The whales are the Bilderberg Group.

Elites and Royal families . They control everything not just crypto.

Hopefully the tide is turning and these elites become extinct soon.

[roadwell890]

CryptoCurrency is just a gambling game. It is controlled by Whales which are big groups, institutions, companies with intelligent computer science engineers and traders that work together to control and manipulate the market, they're not just some average Joes with money. They predict and wait on news which affects public sentiment creating hype and then start the game. They see news come and they have various strategies they can use to cause craze as potential investors watch the market. Whales manipulate the market so the charts start showing bullish patterns for all you chart watchers as well. This is with automated software that runs both buys and sells and manual as well. Once fomo hits then the average guys push the price up as they buy. This is when Whales start selling and they might dump the market possibly hoping to cause a panic sell so they can buy it up and then raise it again. Then they will ping pong the price with some margin. After awhile they stabilize it at a support level then bots margin trade there until the next hype news comes to start the game again. They can do anything they want wether it is pump a coin or crash a coin. So much of trading volume is fake because it's just Whales buying and selling to themselves. They are running this whole scheme. Most Cryptos are decentrailzed but the value is centralized in the hands of Whales. This is like a Casino game, the house will always win but in here if you understand how the house operates you can win with it as well. If they stopped the market would go completely stale and stay balanced for the most part. These entities control the market by influencing and manipulating the steady rise of prices, steady drop of prices, rockets of prices, meteors of prices, wether to stabilize it or ping pong it. All prices are controlled by them.

 
The best coins to invest in are the ones with the most news to come in the future.

My personal recommendation for the best safe investment is ETH because it has so much more hype news lined up in the coming weeks and has a strong foundation so the price will trend upwards even if temporary dumps happen it won't crash. It will keep growing and you can easily double your investment. Other Alt Coins are more of a gamble perhaps an ICO high risk/reward with lots of possible news potential is good. These are sleeper coin investments as Whales invest beforehand and wait for the news to come then skyrocket these coins. You can make lots of money if you guess right on these.


Hopefully this opens some peoples eyes, I know they don't want this revealed. I have made so much profit by understanding how the market works, I feel sharing this is important.


It's up to you how you play the game. Stay safe, enjoy the game and try to spend some time to see for yourself how the market is controlled by these entities.

I strongly agree with this statement
this is true, the cryptocurrency controller is the whales who have a lot of money
they have the power to do the pum, the dump can even manipulate the media in making statements