Bitcoin Forum
May 07, 2024, 08:38:01 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 4 »  All
  Print  
Author Topic: Whales Every time change the market??  (Read 2346 times)
Sithumperera052 (OP)
Newbie
*
Offline Offline

Activity: 2
Merit: 0


View Profile
August 20, 2019, 05:45:59 PM
 #1

Guys i have a serious  problem. Most of the time whales are controlling  the market with big profits. But how we can sell  the bitcoin at correct  time? Someone can say me please learn  aboth the trading.But the my idea is trading is just some patterns of market changes. Not rules. The market just can be  changed by whales and news anytime.
I HATE TABLES I HATE TABLES I HA(╯°□°)╯︵ ┻━┻ TABLES I HATE TABLES I HATE TABLES
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
Reid
Hero Member
*****
Offline Offline

Activity: 2884
Merit: 642


View Profile
August 20, 2019, 06:10:46 PM
 #2

Stop believing that and maybe you can make profit. Don't stress it out so much.

If you have the right analysis for yourself then try it. Take the risk.
Those whales will not change just for you who is just holding a tiny portion of a huge sea of bitcoin out there.

Having courage to try your own analysis from where you monitored the price fluctuation every minute or every hour might be the key into making profit.
What is good with it? It will be more satisfying since it is yours and didn't just copy from anyone.
Mpamaegbu
Legendary
*
Offline Offline

Activity: 2688
Merit: 1208


Once a man, twice a child!


View Profile
August 20, 2019, 06:49:35 PM
 #3

This Maxim - He who pays the Piper calls the tune- is apt in the whale scenario and control of the market. Whether we like (believe) it or not, big money controls the market. Besides all that, it's advisable to learn the necessary skills for any business one wants to get into before venturing into it. OP may want to learn trading skill set to survive in the business.

.BEST..CHANGE.███████████████
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
███████████████
..BUY/ SELL CRYPTO..
Oceat
Sr. Member
****
Offline Offline

Activity: 2506
Merit: 368


View Profile
August 20, 2019, 07:39:01 PM
 #4

You just need to be patient for waiting for the right time to sell, i know it's so frustrating to wait but it's worth it. Whales may change the price in no time, i think it's better if you just go with the flow or if you have a better analysis try it out, it might work, who knows. It might be hard to sell if the market is in a stable price but if you know how to play or take advantage of the volatility then you might earn your desired profit.

3996
boyptc
Hero Member
*****
Offline Offline

Activity: 2996
Merit: 680


★Bitvest.io★ Play Plinko or Invest!


View Profile
August 20, 2019, 11:13:49 PM
 #5

You need to go the basics of trading and understand each situation that the market deals with.

Only you can determine the right time of selling, people would not call that hey this is the right time to sell. AFAIK, if you follow the media, they'll shout for that but would you follow? I'd tell you not. So, learn and experience how you're going to build yourself including the strategies in trading.



.
.BIG WINNER!.
[15.00000000 BTC]


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████

▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░████
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████

██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░

██░▄▄▄▄░████▄▄██▄░░░░
████████████▀▀▀▀▀▀▀██
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄

██░████████░███████░█
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████

▀████████████████████▀




Rainbot
Daily Quests
Faucet
Twinkledoe
Full Member
***
Offline Offline

Activity: 1904
Merit: 138


★Bitvest.io★ Play Plinko or Invest!


View Profile
August 20, 2019, 11:23:15 PM
 #6

You need to go the basics of trading and understand each situation that the market deals with.

Only you can determine the right time of selling, people would not call that hey this is the right time to sell. AFAIK, if you follow the media, they'll shout for that but would you follow? I'd tell you not. So, learn and experience how you're going to build yourself including the strategies in trading.

He needs to experience it on his own. The OP should try a very small amount at first to get a grasp of what's going on in the market. He should follow his own instincts when it comes to trading but only when he has the sufficient knowledge on how to do it.
kawetsriyanto
Legendary
*
Offline Offline

Activity: 2226
Merit: 1086


Free Bitcoins Every Hour!


View Profile
August 20, 2019, 11:58:20 PM
 #7

Guys i have a serious  problem.

It is not your problem only, others also have the same situation as you.

Most of the time whales are controlling  the market with big profits.

Whales are always there, so you need to learn everything about them. But you don't need to worry as long as you know how to take advantages of their activities.

how we can sell  the bitcoin at correct  time?

No need to be greedy. If you already meet profits at a certain number, then you are better to sell. Bitcoin price must go up, so just wait for the upcoming pump or bull.

.freebitcoin.       ▄▄▄█▀▀██▄▄▄
   ▄▄██████▄▄█  █▀▀█▄▄
  ███  █▀▀███████▄▄██▀
   ▀▀▀██▄▄█  ████▀▀  ▄██
▄███▄▄  ▀▀▀▀▀▀▀  ▄▄██████
██▀▀█████▄     ▄██▀█ ▀▀██
██▄▄███▀▀██   ███▀ ▄▄  ▀█
███████▄▄███ ███▄▄ ▀▀▄  █
██▀▀████████ █████  █▀▄██
 █▄▄████████ █████   ███
  ▀████  ███ ████▄▄███▀
     ▀▀████   ████▀▀
BITCOIN
DICE
EVENT
BETTING
WIN A LAMBO !

.
            ▄▄▄▄▄▄▄▄▄▄███████████▄▄▄▄▄
▄▄▄▄▄██████████████████████████████████▄▄▄▄
▀██████████████████████████████████████████████▄▄▄
▄▄████▄█████▄████████████████████████████▄█████▄████▄▄
▀████████▀▀▀████████████████████████████████▀▀▀██████████▄
  ▀▀▀████▄▄▄███████████████████████████████▄▄▄██████████
       ▀█████▀  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  ▀█████▀▀▀▀▀▀▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.PLAY NOW.
timerland
Hero Member
*****
Offline Offline

Activity: 1526
Merit: 596


View Profile
August 21, 2019, 03:17:13 AM
 #8

Well in every sort of trading, stocks, crypto, you'll always deal with whales and their abrupt moves on the market.

I'd personally just ignore whales and what they do, it seems useless to worry about something you can't control, and don't forget, for every whale who is looking to dump their coins, there is someone who wants to buy them, and most dumps rarely scar a market forever, and everything returns to normal after some time usually.

Sell when you are happy with the profit you've made, or to cut your losses. Don't think about what a whale would do, just don't be greedy or stupid and you'll be fine.

Smiley
Darker45
Legendary
*
Offline Offline

Activity: 2576
Merit: 1858


🙏🏼Padayon...🙏


View Profile
August 21, 2019, 03:39:30 AM
 #9

Guys i have a serious  problem. Most of the time whales are controlling  the market with big profits. But how we can sell  the bitcoin at correct  time? Someone can say me please learn  aboth the trading.But the my idea is trading is just some patterns of market changes. Not rules. The market just can be  changed by whales and news anytime.


Leave the whales alone. They are not our problem. And besides, we can do nothing about them being whales. They are super rich, we are simpletons. Perhaps what we should do is to try to ride them. It is hard but it could be done. I mean, if you are diligent enough to read reliable news, seriously study charting, and monitor fundamentals, it is not impossible to make money despite these market whales playing with the prices. 

And if you fail in all of these, at least do what many others have failed: only sell with a profit. There is no correct time literally. The only correct time is when you sell with a profit, and the only wrong selling time is when you sell at a loss.

.BEST..CHANGE.███████████████
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
███████████████
..BUY/ SELL CRYPTO..
pooya87
Legendary
*
Offline Offline

Activity: 3444
Merit: 10554



View Profile
August 21, 2019, 03:59:27 AM
 #10

seeing some level of manipulation in the market doesn't mean "control". you can manipulate price of anything, even in the biggest markets out there but as long as the market has a bit of a decent volume and is not that small, it can not be controlled. bitcoin market has not been small for at least 6 years.

if you are making mistakes and not making money (losing?) while in bitcoin market maybe the problem is with your decision making. you should know that trading is not easy and you can't just jump in without any prior experience and expect to be successful!

.
.BLACKJACK ♠ FUN.
█████████
██████████████
████████████
█████████████████
████████████████▄▄
░█████████████▀░▀▀
██████████████████
░██████████████
████████████████
░██████████████
████████████
███████████████░██
██████████
CRYPTO CASINO &
SPORTS BETTING
▄▄███████▄▄
▄███████████████▄
███████████████████
█████████████████████
███████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████████████
█████████████████████
███████████████████
▀███████████████▀
█████████
.
maydna
Hero Member
*****
Offline Offline

Activity: 2912
Merit: 556


View Profile
August 21, 2019, 04:29:24 AM
 #11

Guys i have a serious  problem. Most of the time whales are controlling  the market with big profits. But how we can sell  the bitcoin at correct  time? Someone can say me please learn  aboth the trading.But the my idea is trading is just some patterns of market changes. Not rules. The market just can be  changed by whales and news anytime.


We can sell the bitcoin when bitcoin price increase so high, and I think you can see it later when the market is moving. But sometimes, we will never know when the price can increase because I see that sometimes, there is a pump that is happening in the market. Perhaps, you can place the order sell at the price you want, make it higher than the price now so when the price increase, your order sell is filled.

The whales don't always change the price because the bitcoin market is too big, and that will need a big balance to move the price. But when most of the whales come, the price can increase so high, and that will stay at the current price. You need to learn about analyzing the chart on the market, so you know if something happens with the market, and you can decide what you need to do.

As long as you can be careful to buy and sell bitcoin, I think there is nothing to be worry, and I am sure that you can make a profit.
boyptc
Hero Member
*****
Offline Offline

Activity: 2996
Merit: 680


★Bitvest.io★ Play Plinko or Invest!


View Profile
August 21, 2019, 06:37:44 AM
 #12

You need to go the basics of trading and understand each situation that the market deals with.

Only you can determine the right time of selling, people would not call that hey this is the right time to sell. AFAIK, if you follow the media, they'll shout for that but would you follow? I'd tell you not. So, learn and experience how you're going to build yourself including the strategies in trading.

He needs to experience it on his own. The OP should try a very small amount at first to get a grasp of what's going on in the market. He should follow his own instincts when it comes to trading but only when he has the sufficient knowledge on how to do it.
Yes it is what he needs.

Because it would be hard for him to understand what mostly are telling him without the proper experience.



.
.BIG WINNER!.
[15.00000000 BTC]


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████

▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░████
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████

██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░

██░▄▄▄▄░████▄▄██▄░░░░
████████████▀▀▀▀▀▀▀██
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄

██░████████░███████░█
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████

▀████████████████████▀




Rainbot
Daily Quests
Faucet
Thirdspace
Hero Member
*****
Offline Offline

Activity: 1232
Merit: 738


Mixing reinvented for your privacy | chipmixer.com


View Profile
August 21, 2019, 07:17:07 AM
 #13

you can start from analyzing charts by learning technical analysis
then you can try make your own decision on what is the right price to buy and sell
when whales move the price, don't go against them but follow the trends Wink
buy at the lowest possible price and sell at your target price, don't be too greedy
within the last few months bitcoin price was up and down quite often
there were many opportunities to make profit by buying at ~$10k and selling at ~$11.5k Cool

Kakmakr
Legendary
*
Offline Offline

Activity: 3444
Merit: 1957

Leading Crypto Sports Betting & Casino Platform


View Profile
August 21, 2019, 09:17:39 AM
 #14

Whales are one of those things that will work out it self in the future. The whales will eventually sell most of their coins and these coins will be evenly distributed between a lot more people and that takes the control away from those whales. Just remember that with any commodity or stocks or shares, you will always have someone or a group of people that would control the majority of that investment option and they will always try to use that to leverage power to manipulate it.  Angry

There are no way to determine in what direction these whales are going, other than being one of them, so just accept it and concentrate on buying low and selling high. Wink  <Buy the Dip>

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
bitbunnny
Legendary
*
Offline Offline

Activity: 2898
Merit: 1068


WOLF.BET - Provably Fair Crypto Casino


View Profile
August 21, 2019, 09:36:12 AM
 #15

Once again whales are given much bigger influence than they really have on the market. And it's kind of funny to blame the whales if you can't make the profit how you would like to. That hasn't got anything to do with them, it's only up to you how skilled you are to use every situation on the market and get the most out of it.
Big investors might have certain control but they are big players in their world and that doesn't influence much smaller investors.

dothebeats
Legendary
*
Offline Offline

Activity: 3640
Merit: 1352


Cashback 15%


View Profile
August 21, 2019, 10:33:36 AM
 #16

Profits that you are looking for, perhaps are those with insane amounts of return from the initial bankroll you have had, which to me is no problem but sometimes unachievable due to people being greedy. A 10% profit from your initial bankroll is already a huge gain in my books, and I see no reason why would anyone not take those. You don't need to time the markets and get the maximum profit possible from your bankroll, you just have to take profits whenever you feel like it and wait for the next run and that's it.

.
.HUGE.
▄██████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄███████████████████████▄
▄█████████████████████████▄
███████▌██▌▐██▐██▐████▄███
████▐██▐████▌██▌██▌██▌██
█████▀███▀███▀▐██▐██▐█████

▀█████████████████████████▀

▀███████████████████████▀

▀█████████████████████▀

▀█████████████████▀

▀██████████▀▀
█▀▀▀▀











█▄▄▄▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
CASINSPORTSBOOK
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀▀█











▄▄▄▄█
Lucius
Legendary
*
Offline Offline

Activity: 3234
Merit: 5637


Blackjack.fun-Free Raffle-Join&Win $50🎲


View Profile WWW
August 21, 2019, 10:36:45 AM
 #17

Whales are one of those things that will work out it self in the future. The whales will eventually sell most of their coins and these coins will be evenly distributed between a lot more people and that takes the control away from those whales.

I would disagree with the assumption that whales will eventually sell most of their coins, they are too smart to lose the opportunity to make money. It is true that at some point coins change hands (wallets), but whales are not just selling, they are also buying at the bottom of every dump, so those coins again finding their way to whales wallets plus extra profit they made in such trades.

It's visible now that for months price is holding close to $10 000, and each time it goes slowly upwards, but then there are sharp falls like as it was the last with $600 down. It's a game that goes on constantly, learn the rules or don't play this game.

.
.BLACKJACK ♠ FUN.
█████████
██████████████
████████████
█████████████████
████████████████▄▄
░█████████████▀░▀▀
██████████████████
░██████████████
████████████████
░██████████████
████████████
███████████████░██
██████████
CRYPTO CASINO &
SPORTS BETTING
▄▄███████▄▄
▄███████████████▄
███████████████████
█████████████████████
███████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████████████
█████████████████████
███████████████████
▀███████████████▀
█████████
.
maxreish
Sr. Member
****
Offline Offline

Activity: 1330
Merit: 326


View Profile
August 21, 2019, 12:55:31 PM
 #18

Good timing when buying and selling off your bitcoin is the key. But how can you know the right time entering and exiting the market? Technical analysis. It isn't hard to learn that if you are really determined and really wanted to push success in trading. And hey, we are talking about whales here. So, whenever they enter the crypto market, technical analysis and a good strategy will become useless.
 
 Furthermore, stop loss will help us to lessen the huge deficit when whales messed up the trades so do not worry. As long as you incorporate stop loss every time you trade, much better.
numanoid
Legendary
*
Offline Offline

Activity: 1890
Merit: 1148


View Profile
August 21, 2019, 01:08:44 PM
 #19

Guys i have a serious  problem. Most of the time whales are controlling  the market with big profits. But how we can sell  the bitcoin at correct  time? Someone can say me please learn  aboth the trading.But the my idea is trading is just some patterns of market changes. Not rules. The market just can be  changed by whales and news anytime.

That's not a problem, lot of people also facing that. They are on dillema what's the right time to sell their coin, is it now? If i don't sell now, maybe the price will down or will it be higher?
Just look at now, bitcoin price got dumped from $10.9k to close $10k now, that's because some whales taking the profit.  Those who planning to sell at $10.5k above must be feel regret to not sell their coin
leowonderful
Legendary
*
Offline Offline

Activity: 1624
Merit: 1129


Bitcoin FTW!


View Profile
August 21, 2019, 01:16:20 PM
 #20

Yes, but also no. There's obviously factors you cannot control in trading (such as what whales might be doing), but because you really can't control those factors, don't worry too much about them. As for the erratic price movements in Bitcoin, that's just how it goes. If you're using leveraged trading, always set stops and use TA to the best you can along with your risk management strategy to minimize potential losses. Yesterday's dump may can partially be attributed to an ascending wedge breaking (bearish formation).
Pages: [1] 2 3 4 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!