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Author Topic: Whales Every time change the market??  (Read 2343 times)
ichai
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September 06, 2019, 08:42:50 AM
 #61

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.

One thing we can be sure of is that we cannot predict what a good price to sell. We need to learn about signals based on charts and news.
If bad news is released, there is no doubt that bitcoin will fall sharply. or the buyer is unable to create a buying zone, then the seller is sure to sell off, ... and there are many examples.
Therefore, you should have a reasonable profit to take profits after a period of hold. That's the best way to not fall into the shark trap.

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September 07, 2019, 09:29:34 PM
 #62

Yes they can do anything pumping and becoming a dumper. they are able to manipulate prices.
this is the fact they can even manipulate trading volumes in the market.

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September 07, 2019, 10:06:41 PM
 #63

All right. To be a successful trader now, you need not only to predict the trend, you need to understand the whales will lead the trend and when, and most importantly why.
Perhaps this is the most difficult of all that I have ever learned about trading.

Have you ever considered that not every activities or Bitcoin price changes is been caused the whales?
Funny enough, most Bitcoin prices can be an influence of fellow traders like him too.
Market moves to the direction of buying and selling.
If the market moves happen due to the illiquidity in the order book, whales can be the reason for the price movement. Single $1MLN order is not the same as the 50 of the $20K orders, first-order causes the quick flash effect on the chart while second order is beaten by the other side of the order book. Panic selling is the best example, the price dump is followed by the sum of sell orders which created by the fellow traders as a market reaction to the orders of the market whale.
BayAngelo
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September 08, 2019, 04:18:46 PM
 #64

nobody controls the market but sometime, a dangerous sell off can affect the market. also market movement can trigger a bull or bear market. thats why you need to follow the market thrends, news and TAs to know when to sell off and when to buy.
some time, it is not the whales.

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September 08, 2019, 06:59:19 PM
 #65

Whales are given too big influence compared to those they really have. If they really can such power that would mean they controll the market. And Bitcoin is decentralized and independent, right?
So, to my opinion they can influence market in some very limited scope.

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September 11, 2019, 09:44:49 AM
 #66

Bitcoin is super natural coin it will not fall that higher whales are only spreading bad news there is no need to trust on them. Just make research and follow the market trend I am sure after few years everything will be normal. Whales are spoiling the market to take advantage from unawareness of New investors and traders.
Funny, nowadays, bitcoin hardly fall for any bad news again, there are several news that I have read in the past and I think will fall bitcoin, but it never did, and I looked at it from my own angle also, when I heard such news, why did I not react and take steps to take my money out? I didn’t because I know that we have very foolish people in the market that likes to create FUD news for bitcoin because they hate it and we have whales that want to manipulate people into dumping their coin so that they can accumulate this, and I think virtually all the present investors knows this and they will never allow themselves to be used or manipulated by all the whales any longer, which is why we don’t see much responses again.

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