Sithumperera052 (OP)
Newbie
Offline
Activity: 2
Merit: 0
|
|
August 20, 2019, 05:45:59 PM |
|
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.
|
|
|
|
Reid
|
|
August 20, 2019, 06:10:46 PM |
|
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
Activity: 2744
Merit: 1226
Once a man, twice a child!
|
|
August 20, 2019, 06:49:35 PM |
|
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.
|
Before you boast of your material acquisition, take a stroll to a morgue and there you will find those who were once better than you're. Only fools think they've it all. Stay humble 🤔
|
|
|
Oceat
|
|
August 20, 2019, 07:39:01 PM |
|
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
|
|
August 20, 2019, 11:13:49 PM |
|
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.
|
|
|
|
Twinkledoe
Full Member
Offline
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
|
|
August 20, 2019, 11:23:15 PM |
|
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
Activity: 2282
Merit: 1124
spinarium.com
|
|
August 20, 2019, 11:58:20 PM |
|
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.
|
|
|
|
timerland
|
|
August 21, 2019, 03:17:13 AM |
|
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.
|
|
|
|
Darker45
Legendary
Offline
Activity: 2632
Merit: 1875
|
|
August 21, 2019, 03:39:30 AM |
|
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.
|
| .SHUFFLE.COM.. | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ | . ...Next Generation Crypto Casino... |
|
|
|
pooya87
Legendary
Offline
Activity: 3500
Merit: 10703
|
|
August 21, 2019, 03:59:27 AM |
|
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
|
|
August 21, 2019, 04:29:24 AM |
|
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
|
|
August 21, 2019, 06:37:44 AM |
|
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.
|
|
|
|
Thirdspace
|
|
August 21, 2019, 07:17:07 AM |
|
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 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
|
|
|
|
Kakmakr
Legendary
Offline
Activity: 3472
Merit: 1963
Leading Crypto Sports Betting & Casino Platform
|
|
August 21, 2019, 09:17:39 AM |
|
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. 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. <Buy the Dip>
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
bitbunnny
Legendary
Offline
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
|
|
August 21, 2019, 09:36:12 AM |
|
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
Activity: 3696
Merit: 1353
|
|
August 21, 2019, 10:33:36 AM |
|
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.
|
|
|
|
Lucius
Legendary
Offline
Activity: 3290
Merit: 5747
Donate to a noble cause🚑 - Link in profile
|
|
August 21, 2019, 10:36:45 AM |
|
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.
|
|
|
|
maxreish
|
|
August 21, 2019, 12:55:31 PM |
|
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
Activity: 1890
Merit: 1148
|
|
August 21, 2019, 01:08:44 PM |
|
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
Activity: 1624
Merit: 1129
Bitcoin FTW!
|
|
August 21, 2019, 01:16:20 PM |
|
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).
|
|
|
|
|