Do You Know How Whales Sucking Us

[lxgiwyl18]

ProTip:
Whales are not real. 

They evolved into a much bigger monster not only manipulating the market price but are capable of suppressing the price

[1713559551]

1713559551

[taylorsara]

The whates are the influencial investors and they knowsthe market so well that theymanipulates the market for their own profit. They are so powerful that the price of bitcoin immensely depends on them. They sell their coins when the price rises and buy a lot when the price falls.

[yndye]

There are times though when it seems that the market is manipulated but it is just a group of traders who has the same target price and when the price is reach, they would sell altogether that's why it seems that a whale is doing it. $10k is a psychological resistance that's why when it almost reach that price, many are expecting that it would bounce because there are sellers so by selling earlier that others, they would be able to take profit and buy back lower. Now it bounce since it reach the 0.382 fib line which serves as support. With the upcoming blockchain summit on May 14th along with good news from it, it may surpass finally the $10k resistance.

[farhiamunni]

it's true. Whale applies this formula and sells their bitcoin and earns lots of profit from this. They also wants to control the whole crypto markets.

[harrypot]

I believe this is a statement of bit frustration. Wait and think that price is a vital economic tool that moves based on demand and supply. So I believe when demand will be high and supply low, price will cross $10k.

[carlisle1]

i think there are some whales who sucking us through bitcoin and that's why bitcoin not crossing 10k$ when bitcoin try to cross 10k$ than some whales come and suck top of bitcoin and go back and again wait when bitcoin try to cross 10k$ again and whales will come again

Example image

For how many threads i continued answering this,that i suspect whales are the market manipulators,since they have the resources to do it,if 3-5 whales will connive,they can easily manipulate the mrket price and make a pump and dump strategy..

But if small holders will go hand and hand,and will not sell allour coins.maybe we can help market to stay strong and healthy

[exstasie]

ProTip:
Whales are not real. 

They evolved into a much bigger monster not only manipulating the market price but are capable of suppressing the price

When people say whales are "suppressing the price" it's usually because their investment is underwater and they're looking for someone to blame. I've been trading these markets for years and I'm skeptical of any claims about notable manipulation.

This selloff was just "markets being markets." We unfortunately haven't been able to shake off the bear momentum yet.

[Hell-raiser]

When people say whales are "suppressing the price" it's usually because their investment is underwater and they're looking for someone to blame. I've been trading these markets for years and I'm skeptical of any claims about notable manipulation.

This selloff was just "markets being markets." We unfortunately haven't been able to shake off the bear momentum yet.

Strongly support and agree with this view. It may look as if markets were being manipulated while it is just the majority of people losing their money as they have been losing it in every other market in existence . The market for Bitcoin and cryptocurrencies was different as it was only nascent. In this fashion, many wannabe traders were able to make profits the size of which was the subject of envy of every professional trader and investor out there (think Jamie Dimon here). And by professional I mean truly professional folks like Buffett or Soros, not some self-proclaimed experts and gurus of trading on bitcointalk.

These days seem to be over by now.

[Lucius]

For how many threads i continued answering this,that i suspect whales are the market manipulators,since they have the resources to do it,if 3-5 whales will connive,they can easily manipulate the mrket price and make a pump and dump strategy..

But if small holders will go hand and hand,and will not sell allour coins.maybe we can help market to stay strong and healthy

What you say is nothing new, this is how profit is made in cryptoworld, and it is true that most of the big players are in this game just because of money. For them is relatively easy to manipulate the market because they have large amounts of fiat and BTC. Such behavior can not be prevented at this time, they have supremacy toward small holders which can only collect crumbs.

Maybe in future something can be changed regarding this, in a way that BTC become store of value (digital gold) for most countries in the world. They will buy and hold coins no matter the price, supply will become smaller and smaller&demand larger and larger. This could possibly lead to stability and reduce maneuvering space for whales.

[BillCoin]

While the bitcoin market cap is so low compared to other assets, and while it's proved that there are holders who hold hundred of thousends of bitcoins, there is no doubt that there is a small group of people who have the control of bitcoin's price.
On the other hand, we, the fishes, can try to ride on the wave, once we understand that one of the strongest impact on the bitcoin's price is this group of people, we can try an predict what they are going to do and they base our decisions on that.

[CryptoGuro1]

Think they are now

[sclmte]

The whates are the influencial investors and they knowsthe market so well that theymanipulates the market for their own profit. They are so powerful that the price of bitcoin immensely depends on them. They sell their coins when the price rises and buy a lot when the price falls.

That's is crypto life and we shall accept it. Even though we think that they are just profiting for their own but we can't blame them all as that their strategies and we can't drag them out from crypto. If you can't take any risk in here, then it is better if you not even engaged in crypto.

[MGBloomz]

it's true. Whale applies this formula and sells their bitcoin and earns lots of profit from this. They also wants to control the whole crypto markets.

We can't blame them because they have huge amount of money that circulated around the crypto market and they were the early investors in this technology. Without them this bitcoin will not grow as big as we had right now. I think we need to go with the flow and once the bitcoin had spread thru millions of users we can beat them if we hold together.

[Ararbermas]

i think there are some whales who sucking us through bitcoin and that's why bitcoin not crossing 10k$ when bitcoin try to cross 10k$ than some whales come and suck top of bitcoin and go back and again wait when bitcoin try to cross 10k$ again and whales will come again

Example image

that's how the whales play  the market mate since the price always pump and dump, and now it's a new strategy of some big players on the market to obtain profits ,and no one can stop their manner especially those who are gaining small profits in the market.  And i think the best strategy nowadays is to ride it and don't rely on long term which is we need  build new strategy against whales instead of waiting for long-term to earn profits 'cause on my view bitcoin price will no go to the ath again due to some factors that always occur when the value increase.

[aso118]

That's how the whales play  the market mate since the price always pump and dump, and now it's a new strategy of some big players on the market to obtain profits ,and no one can stop their manner especially those who are gaining small profits in the market.  And i think the best strategy nowadays is to ride it and don't rely on long term which is we need  build new strategy against whales instead of waiting for long-term to earn profits 'cause on my view bitcoin price will no go to the ath again due to some factors that always occur when the value increase.

The whales may manipulate the market by dumping coins, but if people have confidence and continue to hold, the whales cannot do anything. If you try to ride the waves, then there could be a problem.

[godfredmanu]

Whales are not the owners of bitcoins and they cant manipulate the price of bitcoins. Whales are just like traders like me and you and their sentiments is what sent bitcoins up or down. If whales have such powers, and they are rational investors, they will drive profit from the market rather than manipulate it .

[Phenoca]

If you don't panic-sell then whales won't profit off you. Whales are afraid of the price skyrocketing and crashing which could disrupt the global economy so the pump & dump cycle will continue. Easiest to play along. Allot a certain percent to pump & dump and a certain percent to holding out for the long-term. In the end, most dips and crashes are deterministic because traders will keep doing what works 

[BrewMaster]

ProTip:
Whales are not real. 

They evolved into a much bigger monster not only manipulating the market price but are capable of suppressing the price

When people say whales are "suppressing the price" it's usually because their investment is underwater and they're looking for someone to blame. I've been trading these markets for years and I'm skeptical of any claims about notable manipulation.

This selloff was just "markets being markets." We unfortunately haven't been able to shake off the bear momentum yet.

that may be but you can't deny the fact that there is some level of manipulation going on. you can call it "whales" or anything else but it does exist whenever we some rise or some drop that we can not explain and whenever we see strange activities on the exchanges with large volumes.

[cryp24x]

I think that whale only can "suck" you, if you don´t study and learn how to trade, markets and movements.
The problem of many people is that they think they´re investors or traders just with take profit with a coin or an operation and don´t dedicate time to study how to work. And when they lose money. "The whales are guilty".

I agree with what you have said. Let us educate ourselves in terms of trading and how it really works. Some say that they are traders but in fact, they don't trade at all. They are just waiting for the price movement of the Bitcoin. If they feel that they will lose some of their money because of the movement, they will sell them all.

We can consider Whales is one of the reasons why Bitcoin drops but I think if we are all good enough on trading and will properly promote Bitcoin and counter-attack FUD, we can handle the situation.

[richardsNY]

We can consider Whales is one of the reasons why Bitcoin drops but I think if we are all good enough on trading and will properly promote Bitcoin and counter-attack FUD, we can handle the situation.

Whales actually don't do that much. They are the first to enter and the first to exit -- everything after them having initiated a pump or dump is subject to how the rest of the market reacts. On top of that, it has nothing to do with being a good trader, because even good traders are as much of a victim as the rest if they wrongly calculate their actions. This market has proven that even good traders lose on the way up last year and on the way down earlier this year -- peaks weren't peaks and bottoms weren't bottoms. In case there is much activity in the market driven by fud and whatnot, it's not trading anymore but gambling, especially so with how technical analysis will not do much for you in such situations.