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Author Topic: Tether up! Let the whales play alone: Only solution!  (Read 194 times)
jamesashmore1964 (OP)
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June 24, 2018, 07:30:18 AM
 #1

It is the only solution. Wait for proper regulation!
It is impossible to trade in a market under these conditions: sad but true!
jeffthebaker
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June 24, 2018, 07:43:18 AM
 #2

I'm fortunate in that I've been building my crypto portfolio since 2013, so I'm nowhere near and never will be in a position where I could see net possess. However, I don't think my approach is much different in that I'm holding on for the long haul. It doesn't matter if we drop to 5k or 4k now. I'd rather eat those losses than Tether up and risk missing the next bull run. I'm there's much more to lose than to gain by heading to the sidelines at this point in time.
jamesashmore1964 (OP)
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June 24, 2018, 08:40:59 AM
 #3

I'm fortunate in that I've been building my crypto portfolio since 2013, so I'm nowhere near and never will be in a position where I could see net possess. However, I don't think my approach is much different in that I'm holding on for the long haul. It doesn't matter if we drop to 5k or 4k now. I'd rather eat those losses than Tether up and risk missing the next bull run. I'm there's much more to lose than to gain by heading to the sidelines at this point in time.

You are a minority!
chenhaonan
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June 24, 2018, 09:35:43 AM
 #4

My point of view is very similar to yours. I think this time the market's decline may be related to whales. They may be doing some sort of strategy to achieve further market takeover!

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June 24, 2018, 09:45:49 AM
 #5

It is the only solution. Wait for proper regulation!
It is impossible to trade in a market under these conditions: sad but true!

I agree with you. with the current market conditions it is very difficult to trade. we can only wait until things start to improve.
loicuagio1979
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June 24, 2018, 11:22:22 AM
 #6

The more you trade the more you get loss. I have stayed away from price board for some days after adjusting my portfolio. It's impossible to trade in bear market or keep staring at price board with vague hope. Well, honestly I find that crypto is not all sunshine and lambos, although it was born of good father - Shatoshi
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June 24, 2018, 12:06:58 PM
 #7

perhaps now it's really better not to trade, but wait for the fall to end. But now very good prices for long-term purchases
MasterMoon
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June 24, 2018, 12:24:25 PM
 #8

Well no matter what happens those whales out there can manipulate the market that's why you have to go with the flow if they shorting the market much better accumulate that time because when they go long that's for you to sell but if you are planning for long term which is the best strategy here in crypto then go for it.
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June 24, 2018, 12:33:10 PM
 #9

Today I read a sentence that was quite eye-opening, and it's really obvious: Time has everything to do with price increase or decline.

The way such big volume is being dumped to the market in such short timeframes, even almost instantaneously, seems to be planned to make the price fall deliberately. You don't "take profits" this way if you're a whale.

Anyway, it's something most of us think time ago.

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crypto1nvest
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June 24, 2018, 01:15:25 PM
 #10

Always are a lot of solution. You can build your portfolio, or use less risky strategy. Try to find the whale and copy his strategy. THere are plenty of fish in the sea.
jamesashmore1964 (OP)
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June 24, 2018, 01:28:14 PM
 #11

Always are a lot of solution. You can build your portfolio, or use less risky strategy. Try to find the whale and copy his strategy. THere are plenty of fish in the sea.

You would do better learning English on a Sunday than making foolish comments like you have!
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June 24, 2018, 01:33:18 PM
 #12

what conditions are those?
the conditions that have been around for nearly 9 years and you just faced them for the first time?
the very common altcoin pump and dumps that has always disturbed the whole market?

you see most of the newcomers came in, saw the shinny altcoins and their false promises of riches and thought they will become millionaires they bought useless tokens like XRP and then they finally faced the reality when the dumps by the whales came.

blaming them, blaming Tether, blaming exchanges, wanting regulations,... may have some truth to it but they are not the whole truth.

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ecnalubma
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June 24, 2018, 03:54:29 PM
 #13

It is the only solution. Wait for proper regulation!
It is impossible to trade in a market under these conditions: sad but true!
This market was never ours and will never be, we are only a piece of wood carried by raging water. These markets need to mature, lets wait and see hiw this play end up. Not selling!

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June 24, 2018, 04:17:49 PM
 #14

It is the only solution. Wait for proper regulation!
It is impossible to trade in a market under these conditions: sad but true!

what regulation do you mean? is a regulation a problem solver in today's crypto world? I am not convinced that regulation will make the crypto market better.

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iram1011
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June 24, 2018, 04:37:09 PM
 #15

It is the only solution. Wait for proper regulation!
It is impossible to trade in a market under these conditions: sad but true!
Tether has a history of manipulating the Bitcoin price and bringing an artificial pump and many a times Bitfinex has been criticized for the same. There are many reports backing this claim that Tether are strategically being printed during a downtrend to bring BTC back in uptrend. This does effect market for a short period and brings in an inorganic growth. But market always recovers from such an artificial pump.

This is the problem that keeps institutional investors away from crypto market. They can't enter in something which is highly manipulated. But as SEC is doing in some research, institutional money is expected to enter the market soon.
DaryaCrypta
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June 24, 2018, 04:44:23 PM
 #16

Maybe you just did not adapt to the conditions of the cryptocurrency market and that's why you can not trade on it with profit. Now some are trading in profit and in a falling market.

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Aleister Crowley
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June 24, 2018, 06:13:04 PM
Last edit: June 24, 2018, 06:36:18 PM by Aleister Crowley
 #17

trading is far more risky than it was before, it is not clear the progress of each price.,, but to buy more altcoins this could be called good opportunities where the price is somewhat cheaper, but wait a few days ahead, the price has the potential to go further down again so bit patience, maybe after the bull run happens it will be a little better sound to get bigger profits before, inevitably have to be patient,,, will not forever market like this...,
whaawh
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June 24, 2018, 06:18:00 PM
 #18

For now, trading is far more risky than it was before, it is not clear the progress of each price, but to buy more altcoins this could be called good opportunities where the price is somewhat cheaper, but wait a few days ahead, the price has the potential to go further down again so bit patience, maybe after the bull run happens it will be a little better sound to get bigger profits before, inevitably have to be patient, will not forever market like this.
of course in this situation the market will not remain forever, But today you can not be too greedy and try to invest all your funds in the crypto currency at very low prices. It seems to me that the market will give us some more surprises that some famous coins can go away forever.
CryptoGuro1
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June 24, 2018, 06:39:07 PM
 #19

The bull run is months off so this could be a wise choice

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June 24, 2018, 08:14:47 PM
 #20

With todays bounce we can be hopeful about the market, it can be back anytime and secondly if we see bitcoin charts we can expect formation of bullish pattern soon, so i do not think selling and sitting on usdt will be a wise decision now, whoever does so will only regret because he will have to buy for more price later.

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