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Author Topic: The whales need no indicators!  (Read 300 times)
Maxpips
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October 30, 2018, 08:15:47 PM
 #41

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.
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October 30, 2018, 08:16:14 PM
 #42

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!

 

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October 30, 2018, 08:28:20 PM
 #43

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.
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.

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October 30, 2018, 09:20:44 PM
 #44

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.

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.


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Mahanton
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October 30, 2018, 09:37:56 PM
 #45

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.
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.
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.

Platio
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October 30, 2018, 10:04:57 PM
 #46

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.
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.
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.

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November 03, 2018, 08:40:55 AM
 #47

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.
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.

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November 09, 2018, 05:52:15 AM
 #48

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.  
We always move at low level while whales always capture our movement and they play on big ground. We have investments or capital traded in like some hundreds or some thousands, but they play with more than lacks. That’s why they called whales. Their moves manipulate the market trends. Buying and selling are deeply affected by their movements.

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