Things Obviously Are Not That Bad Because Whales Say So

[Newchanka]

Your view about this slump depends on the prism through which you look. Its obviously an opportunity many are missing out on https://cryptoinfowatch.com/cyryptocurrency-whales-are-unfazed-about-losses-as-they-increase-hoard-of-coins/

[Kemarit]

Whales will be whales, those bagholders are not really affected by the slump because they knew that sooner or later this market will make a reversal, a bounce that can make their money grow more, so why need to sell it? So it makes sense for them to continue what they're doing for most part of this year, buy cheap coins and look at the future.

Sime77 - I think they're getting smarter some of them are lucky but for most, they have deep pockets and has the risk-taker attitude. 

[pooya87]

i don't know why you said "whales say so", since whales are either silent and say nothing while accumulate without letting anyone know or they are the most noisy people around who try spreading FUD to force others to sell so that they can have access to cheaper prices for their accumulation.

in any case things are NOT good or bad because of what whales do. things are good because bitcoin is a solid decentralized currency which still has all of its features that made it good in first place.

[1993jochico]

That what Im always saying to those who lose hope, this is not the time to panic selling but it is the time to do panic buying but its their money not us we can only give advice to them and in the end of the day it still their decision to make.

[dothebeats]

Whales are market movers but they certainly don't like to comment much about things. Have you seen an actual whale reveal his position and tell people how to trade? No? That's because before they make their move, they ensure that they already hold the maximum leverage they can get before they sway the markets into their favor.

Whales are not necessarily smarter.; They were just lucky to have joined the market when no one knew about it.

Nah, they have the money to make even the worst markets become better and capitalize on that to make money, so I guess that can count as smart too.

[CryptopreneurBrainboss]

Having plenty of money to invest in cryptocurrency doesn't jut make you a whale, smartness is also required. Whales don't say anything, all they know it's their ROI. They fud for you to sell and create fomo for you to buy.
The big transfers we have been seeing of recent is not accidental. It's a plan by whales to either create more FUD or FOMO (can't conclude yet) but i know most of them knows themselves.

[Kakmakr]

Most of the whales got their coins when it was dirt cheap and for this argument I would use the price of say $10. So say that they bought a bunch of coins at $10 and the price is between $3000 and $4000 per coin, then I would also not be phased.

The situation gets bad when you bought at a price higher than the current price or close to it, like many investors that bought at $19 000 in 2017.

I bought at $400+, so I will only start to panic when the price goes down to $400 or below. 

[Gloverwrt]

The article hardly covers the direction of the OP's topic, and it's just an attempt to predict the strategies of whales using the movements in the wallets they know of. Considering that lots of big soenders buy OTC, it's not that easy to track their activities.

The current market situation depends in your trading strategy and view of the market. The reality is dropping prices, your assessment; time to take a break, or store up more?

[AverageGlabella]

i don't know why you said "whales say so", since whales are either silent and say nothing while accumulate without letting anyone know or they are the most noisy people around who try spreading FUD to force others to sell so that they can have access to cheaper prices for their accumulation.

in any case things are NOT good or bad because of what whales do. things are good because bitcoin is a solid decentralized currency which still has all of its features that made it good in first place.

Quite a few whales voice their opinions about Bitcoin and the speculate what the price will be in the future. A lot of celebrities which are invested in Bitcoin that is public knowledge will try and manipulate the market by either praising Bitcoin or rubbishing it. What you can almost guarantee from any whale when it comes to advise from them is that its likely market manipulation rather than them giving genuine thoughts about the situation.

Whales have a lot of money invested and are good at what they do for a reason. Anyone who holds a large amount of coins has the potential to affect the market by moving those coins. But they also have a lot of pulling power in the media as they control a large portion of coins and media outlets like the make a big deal whenever a famous celebrity or someone holding a large amount of coins does something minuscule such as splitting up their coins. Its almost always spinned into something negative about Bitcoin. "Oh this whale has split their coins in attempt to sell" or something stupid like that. When in fact what they are doing is being more secure by splitting their funds.

I would take anyone's advise with a pinch of salt when they are personally invested in Bitcoin and have the option of telling the media. If they are telling you one on one it might be a little difference as one person generally doesn't have the power the influence the market unless they are holding a large amount of coins. If you are holding a large amount of coins and another whale tells you what to do. Don't listen to them as its likely manipulation.

The point I'm trying to make is make your own decisions and stop relying on news and celebrities invested in Bitcoin. If you believe in Bitcoin then invest if you don't. Don't. Its really as simple as that.

[Peacemaker1994]

Every whales direct there actions to what that will benefits them whales has a good influence on any coin that they are involving in well I avoid basing my conclusion to their postulation

[drmilind2004]

Stop trying to second guess whales. They are termed "whales" precisely because they are mammoth, in the sense of possession of endless resources. How they manipulate or deploy these assets may or may not be a function of the intrinsic market strength, it might as well be their individual inclinations.

[qualitywork]

Well, these whales are very clear at this moment, they are taking advantage of the current market situation. These guys are filling their bags by buying coins in cheap prices from the panic sellers, because they have already planned for long-term investment.

[pptIox]

Keep in mind that the interests of whales are not always on the same boat as you.
More commonly, the whale are opponents from us, and always trying to kill us.

[jseverson]

This is pretty typical of any market. Drops are being propped up as an opportunity to increase holdings for less money than normal. This isn't unique to crypto, and neither is it unique to whales. Everyone can accumulate.

But yeah, everyone keeps complaining about whales manipulating the market, but when they apparently manipulate it in their favor, it's fine lmao.

[gabmen]

This is pretty typical of any market. Drops are being propped up as an opportunity to increase holdings for less money than normal. This isn't unique to crypto, and neither is it unique to whales. Everyone can accumulate.

But yeah, everyone keeps complaining about whales manipulating the market, but when they apparently manipulate it in their favor, it's fine lmao.

Lol. You got that right. I don't think whales would allow the market to be in such a condition where miners would think twice about mining btc or moving to other ventures. They can turn this around in a matter of days.

[BitcoinGirl.Club]

They can turn this around in a matter of days.

+1
Don't listen to the whales or youTube celebs. None of them are going to say that things you need for your financial security. Study, research then make you own judgement. Luckily we are living in society where information are available all around. You just need to tap the right source. 

[pixie85]

There's this huge investment company that used this bear market to become the biggest institutional holder of Bitcoin in the world. They now own 1% of all the coins in circulation and are still buying. If you're scared read about the smart money. Only people who don't have much money are selling now because for them it's to be or not to be if they lose it all. Rich people are buying because they see the opportunity and if they lose some money they'll still be rich, so it's worth the risk.

[acheampong64]

Yeah that's somehow true. Whales always know the game more than newbies because well, they've been in for quite sometime. Whales accumulate more and then sell to make even more profits. But well, who knows maybe the correction is over or not.

[KingScorpio]

Yeah that's somehow true. Whales always know the game more than newbies because well, they've been in for quite sometime. Whales accumulate more and then sell to make even more profits. But well, who knows maybe the correction is over or not.

jes bitcoinwhales care about you.... not about lambos...

[Haticem]

The whales are both lucky and intelligent. Lucky because; they bought very cheap bitcoins and have too many bitcoin. Smart; They've been in the market for a long time and they know everything..