Tap_Global (OP)
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August 13, 2019, 07:13:14 AM |
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If you have stayed around the cryptocurrency market long enough, then you will be familiar with the term “crypto whale”. This term usually refers to big players in the crypto space that are known to hodl and move around large amounts of any given coin, often affecting the price while they’re at it. We’ll discuss how whales are affecting the cryptocurrency market by considering the following: https://www.tap.global/how-whales-are-affecting-the-cryptocurrency-market
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guoyu78
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August 15, 2019, 04:29:12 PM |
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I clearly understand all your points but you cannot completely rule out the fact that they are still the major causes of these dumping that we see, when a whale is playing, they play for different angles and in as much as they are long term holders, they still do shorts also from time to time, and you know that they have all the money to do so.
The fact that they have some funds that have been tied down to and given a tag of long term investment, does not mean they would still not have another part of money which could be same amount they have in long term trade to manipulate the market, so they indirectly will benefit from both angles just like I do. I have an investment that is in long term investment portfolio, and I also have investment that I use to take profits in the short time, so I still believe they are the ones that contributes more to the market’s manipulation.
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jeraldskie11
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August 15, 2019, 04:40:54 PM |
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The people who buy a large number of tokens/coins are also called whales here in crypto. They can affect the price to go up because the marketcap was increase by whales buying and that what's the traders waiting for.
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jossiel
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August 15, 2019, 11:47:09 PM |
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The people who buy a large number of tokens/coins are also called whales here in crypto. They can affect the price to go up because the marketcap was increase by whales buying and that what's the traders waiting for.
They affect the price to go up if they will make a huge buy orders and once it's filled, the market will react. Before many doesn't like the moves of these whales because they're all just taking profit from the market. But in the latter, we have understood that everywhere there are whales and even in the stocks. It's not just the whales that are really affecting the market though one move they do and they will influence everyone who's watching the charts closely.
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glendall
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August 16, 2019, 12:57:44 AM |
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there is no doubt that whales are toying with prices on the crypto market, but one thing that you believe in, they don't do it carelessly, they do pump and dumb using trading analysis techniques, so whatever happens in the market is absolutely due to chart movements and chart trends themselves.
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AngelB
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August 16, 2019, 01:13:06 AM |
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You might be surprised to know many big bad whales are scared sh@tless because they have experienced more than one major Bear market. "HODL", for some people, simply means be ready to get out really fast before the others dump.
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Vispilio
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August 16, 2019, 01:24:21 AM |
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The main trick, which really destroyed the credibility for most lesser known altcoins was that a few whales would buy and sell to each other
pumping the price of a low volume altcoin risk free, creating FOMO and then dumping to guileless bandwagoners brutally at the top of the
market that they were essentially cornering in esoteric, low liquidity exchanges...
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michellee
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August 16, 2019, 01:58:22 AM |
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The whales can control the market with their funds, but I don't think that they can do it every day because that will need a high-focus always to watch the market moves. Maybe the whales will come out in one moment, especially if the price increases so high or decrease too deep. The whales can affect the price with their coins because they can move the price to the high price or low price. But we don't have to afraid to them because we can also take the benefit by following the whales.
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flemmings02
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August 16, 2019, 02:10:04 AM |
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Crypto whales are mostly the dictators of the cryptocurrency market especially for low capped coins, they are always ablr to manipulate the price by triggering a huge sell and forcing weak investors into selling while they buy back at the very dip.
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WalkerIVIV
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August 16, 2019, 02:36:30 AM |
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Whales are still the main player in the crypto, majority of coins have already owned by the whales and when these people that have already called as the whales have made its movement and then the market can be played whatever they wanna do. I can even do that if i have multi-millions of money but i have nothing to play with the market. Some times there will be a gap between sell and buy order that can be manipulated by the whales.
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Msworld83
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August 16, 2019, 04:00:25 AM |
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Crypto market is majorly control by the whales as they decide what is on and off in the industry and go to the level of manipulating the market to their own benefit, this is why I don't too much like how thearket are runs some time as they are not the peace rain in most cases .
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patz22
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August 16, 2019, 04:10:31 AM |
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They are big, they are rich and powerful but how many are they? Can they really manipulate it in long run? Maybe for small coins but for the others it will be hard and the only victim would be the small and weak ones. But it doesn't mean that they own the market and if small ones come together it will be bigger.
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Lexurdania
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August 16, 2019, 04:29:22 AM |
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They are big, they are rich and powerful but how many are they? Can they really manipulate it in long run? Maybe for small coins but for the others it will be hard and the only victim would be the small and weak ones. But it doesn't mean that they own the market and if small ones come together it will be bigger.
I think they will not be able to influence prices in the long run. Whales will look for short-term profits because it is more profitable for them or their investors. Therefore, we should avoid FOMO when prices move suddenly without any supporting news
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bartolo
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August 16, 2019, 09:40:48 AM |
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The main trick, which really destroyed the credibility for most lesser known altcoins was that a few whales would buy and sell to each other
In fact, one single whale can buy/sell his own coins to himself on an exchange, especially on those where the trading fess are very low or nonexistent.
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patz22
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August 19, 2019, 12:30:12 AM |
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They are big, they are rich and powerful but how many are they? Can they really manipulate it in long run? Maybe for small coins but for the others it will be hard and the only victim would be the small and weak ones. But it doesn't mean that they own the market and if small ones come together it will be bigger.
I think they will not be able to influence prices in the long run. Whales will look for short-term profits because it is more profitable for them or their investors. Therefore, we should avoid FOMO when prices move suddenly without any supporting news That is for sure. I've seen it especially in pump groups wherein there are a lot of VIPs that can easily get profit then they will announce it to small traders for them to get rekt. News nowadays are important but it seems like movements are not that good if it happened.
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mrvuit
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August 19, 2019, 04:04:45 AM |
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My friends say: "The cryptocurrency market is that of people who have a lot of money" I thought a lot about it, and it seems right, when people say "surfing," those waves are made of whales.
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omrafif
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August 19, 2019, 02:57:54 PM |
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When whales make trades, they often do massive sell or buy orders can lead to sudden and significant price changes which change the direction of the market.
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dearbesz1219
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August 19, 2019, 03:48:56 PM |
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Even you have many Bitcoins and you are whale, still you can´t do everything what you want. You can only participate in pumps and dumps and support these moves, but you can´t go against the trend.
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Golftech
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August 19, 2019, 03:57:51 PM |
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They are big, they are rich and powerful but how many are they? Can they really manipulate it in long run? Maybe for small coins but for the others it will be hard and the only victim would be the small and weak ones. But it doesn't mean that they own the market and if small ones come together it will be bigger.
I think they will not be able to influence prices in the long run. Whales will look for short-term profits because it is more profitable for them or their investors. Therefore, we should avoid FOMO when prices move suddenly without any supporting news That is for sure. I've seen it especially in pump groups wherein there are a lot of VIPs that can easily get profit then they will announce it to small traders for them to get rekt. News nowadays are important but it seems like movements are not that good if it happened. Whales influenced the most when there's certain news that they can ride with, this people are very knowledgeable to play around the market the abilities to find projects that can give them a good chance to manipulates as weak holders emotions are very easy to work with, it's a bunch of invested money that this people are willing to take the risk anticipating to gained more from every market situations. The market still prone with manipulations from this so called whales, as they are really good with what their dealing with.
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Xphenosis
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August 19, 2019, 04:02:03 PM |
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They affect the market somehow if they buy or sell huge amount of bitcoins. They are somehow on some scenarios the agent of change to a possible bullishness or bearishness market. But for those who HODL whales are not a hindrance.
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