Whales keep getting richer and richer while everybody else is losing...

[Theb]

~snip~

This is actually what you are suppose to do in most markets. In Crypto you need to follow the whales and in stock trading you need to follow the banks and institutions buying and selling certain stocks. The problem is that even though some of this data is available for free its usually delivered late.

For example the leaderboard is updated around 9Pm Asia time. So even though you get a daily update, it will usually come way too late. And with stocks is also similiar. Various companies like the Berkshire Hathaway list what stocks they own and when they sold them, it doesn't list the price but you can figure it out by looking at the dates, however this information will come very late usually.

Well unlike in the stock where you have two options (maybe more) on whether to follow the investment firms' activity or follow the stocks fundamental analysis in the crypto market you really don't have that option. At least in the stock market they can be independent and not rely on the decisions of institutional investors since you can still find a good bargain with the conpany's financial performance. It's either you read the charts and see what it's telling you or don't read anything at all and shoot in the dark with your trade.

[Yatsan]

Not exactly..... if whales earn through influencing the prices why not follow them? You can't possibly know what they can do next but you can react to it rapidly once it had happen. Some call it "ride the wave" others call it "follow the trend" but both says the same thing and that is following the current movement of what is happening in the price chart. You might not have the same profit or returns as what the whales have but the trend is your friend and that is how you can maximize the profit in your trades and you can't even go against it in the first place.

This is what I have to say at the back of my mind. Isn't it just us?  that is making this always big deal for them when they earn such massive amount? They gamble very hard so it's either they will win or lose very hard. These whales are rich and can afford to lose, when they lose, they double the risk until they win, there is infinite chances for them. Aside, whales are not that very influential to the traders, traders does influence the whales so they'll come up with traps in the market and they just have huge impact compared to us since they are holding bunch of money. Solution is pretty basic, just follow the trend.  If you can't lose them, join them.

[Triffin]

They already have strategy, fund and knowledge to survive not richer than other. So far I know whales have financial circle to manage their strategy. Unfortunately we only have half and just first step not hole circle and this part should find before too late. Become everything is fine but like or not we will back to zero again, trust me.

Whales do possess more money than others but in no way, this means crypto currencies can only be bought by them. Anyone can become whale if he buys a little amount of bitcoin and trade with it. It would take some time but gradually his holding will increase. Being born with a silver spoon in mouth is luck but not struggling for that live is personal decision. Such complaints wont bring anything. We wont get back to zero.

[Theb]

Not exactly..... if whales earn through influencing the prices why not follow them? You can't possibly know what they can do next but you can react to it rapidly once it had happen. Some call it "ride the wave" others call it "follow the trend" but both says the same thing and that is following the current movement of what is happening in the price chart. You might not have the same profit or returns as what the whales have but the trend is your friend and that is how you can maximize the profit in your trades and you can't even go against it in the first place.

Aside, whales are not that very influential to the traders, traders does influence the whales so they'll come up with traps in the market and they just have huge impact compared to us since they are holding bunch of money. Solution is pretty basic, just follow the trend.  If you can't lose them, join them.

I think you got it the other way around. Whales are the ones influencing the prices and not the us small time traders that can't even make a dent in the overall volume that's why we are the ones following the trend and the whales are the ones creating it. You might ask if whales are that powerful why they didn't change anything when an 18 month bear run has happened. It's because they wanted to accumulate more Bitcoin at it's lowest price and they don't want to trigger any kind of bull run during that time, we also have news regarding their accumulation stage during these past months. Just like what I have said other than following the trend you can also see some hints where you need to start accumulating and when you need to start offloading as the numbers of the whales can always be seen online.

[bohr]

Noticed something interesting for the past week according to the Bitmex leadership board. For those of you who don't know Bitmex is the largest futures derivative exchange and has the most volume so most whales trade on their for good liquidity. For fun they have a leadership board located at,

https://www.bitmex.com/app/leaderboard

Looking at the board you can see anonymously who is in the top 25. There is also another website that analyzes this data which is located on Coinfarm,

https://coinfarm.online/rank/

And as far as you can see there are 25 spots there, about 9 are inactive traders, 1 trader had a small loss of -4.41 BTC (#7 rank) but the rest were all making amazing profits. Especially rank 2,3,9,16,25 which managed to earn at least > 100 BTC in the last 7 days alone.

Trading is zero sum, especially derivative trading and if you are a new trader you need to realise that before you over-leverage yourself and get liquidated you need to understand that there is some whale out there who might liquidate you and take your hard-earned BTC. So becareful out there.

My advice, only buy BTC on spot exchanges and never on margin or with leverage. Because if we get a new ATH somewhere in the future you will be left with no BTC to reap the benefits.

This is to be expected, it is well known that the majority of traders lose all their money in the markets, and it is also known that only a minority of the traders that earn any money in the markets get any significant profits, so there are only two options, you give up trading become a long term holder and wait for the recovery of bitcoin, or you begin to imitate the movements of those whales on your own and begin to get similar profits, while many will prefer to follow the second option by far the best and safest option is the first one.

[befriendmywater]

because they have a lot of money. Many of the strategies they use are in conjunction with margin trading exchanges and they take the information of those exchanges and then manipulate the market. This is one of the ways they make a lot of money and small fish often die a lot because of that.
I'm not slander because you can also see the candles have long uncomfortable antennae. it was a sign of killing Long or Short and they continued to be profitable.

[Willitivity]

Whales are just playing the market, while the rest of other are just blatantly believing in hodling, and getting pretty rekt as a return. Whales have the if power to influence prices to their favour in addition to trading in all forms of market. Holding no longer pays, best bet is to follow the whales, anticipate their moves and make some profits for yourself.

[Beparanf]

Whales are just playing the market, while the rest of other are just blatantly believing in hodling, and getting pretty rekt as a return. Whales have the if power to influence prices to their favour in addition to trading in all forms of market. Holding no longer pays, best bet is to follow the whales, anticipate their moves and make some profits for yourself.

It is the smarter move if only we know when they will try to manipulate the market. I do still hold but not as much as I hold before aince it might be too long before the market recover and we need to follow the trend to be able to earn so I trade and considered the events that are happening in real time, but still focus on noting being swayed by FUD.

[Asmonist]

Its really the reality of it. Its a game of risking a fund. If your risk level is low then you might probably belong to the lowest earner. On the other hand, if your risk level is high then you are probably the highest earner. Indeed, this is all again about who has the biggest capital to risk in. Its a sad reality but we need to live with it. Otherwise, you cannot play the game of chances. All we can do is to go with the flow and just be happy of what we can have. You can't also blame them, its their previlege to have that richness to build it more. The only way we can equal to them is that we are happy of what we have and enjoy the fruits of our little investments.

[clickerz]

because they have a lot of money. Many of the strategies they use are in conjunction with margin trading exchanges and they take the information of those exchanges and then manipulate the market. This is one of the ways they make a lot of money and small fish often die a lot because of that.
I'm not slander because you can also see the candles have long uncomfortable antennae. it was a sign of killing Long or Short and they continued to be profitable.

You may have a point here. pump and dump are real. Right timing is always what we need to have a good profit here. If you have some knowledge in Technical Analysis, then you can decipher whats happening. Though whales moves is sometimes unpredictable, just always have a cut loss.

[el kaka22]

This is just the way world works man. I mean rich people are so rich that sometimes they are making politics and finances hard to even enter for anyone other than other rich people. So what happens? People fail to enter these fields to make it possible for poor people to join as well, couple of poor people making a way into it will try to change things around but unfortunately only the rich people there.

So, not just bitcoin but the whole world turns around the rich people, they have managed to make everyone else cripple under financial debts and so for and now they are basically tingling money at our faces to make us run for them. I hope one day "actually good" people come into affect and stops them from destroying the world even further.

[LouVandetta]

It's amazing to see how much profits Whales could make for only a few days or week of trading. That's what makes a difference between a big trader such as whales and a commoner kind of traders. Since they have a very huge amount assets, that is why even a bit of profit they got is very big to a small traders. Some whales I believe could even move the market's prices as they wanted to, especially if they want to pump a certain altcoins whatsoever. Where there's a winner (In this case it was whales), there's a loser.

[atjiat]

It's amazing to see how much profits Whales could make for only a few days or week of trading. That's what makes a difference between a big trader such as whales and a commoner kind of traders. Since they have a very huge amount assets, that is why even a bit of profit they got is very big to a small traders. Some whales I believe could even move the market's prices as they wanted to, especially if they want to pump a certain altcoins whatsoever. Where there's a winner (In this case it was whales), there's a loser.

I am sure that big whales today profit from ordinary users of the cryptocurrency, because with the help of their large volumes of cryptocurrency they can very efficiently manipulate the cryptocurrency market in order to provoke us not to take adequate actions and thus earn at our expense.

[the rise]

I think whales also makes two-way orders. where they make two opposite orders with the same amount. They sacrifice orders with confirmed negative movements, and add orders that already look profitable. Speculation they are using large funds, 50% of losses will be quickly covered with profits up to x2-5.

[X-ray]

It's amazing to see how much profits Whales could make for only a few days or week of trading. That's what makes a difference between a big trader such as whales and a commoner kind of traders. Since they have a very huge amount assets, that is why even a bit of profit they got is very big to a small traders. Some whales I believe could even move the market's prices as they wanted to, especially if they want to pump a certain altcoins whatsoever. Where there's a winner (In this case it was whales), there's a loser.

I am sure that big whales today profit from ordinary users of the cryptocurrency, because with the help of their large volumes of cryptocurrency they can very efficiently manipulate the cryptocurrency market in order to provoke us not to take adequate actions and thus earn at our expense.

Some massive dump although doesn't significantly affect the price of BTC if shouted to the panicky traders they will be triggerred to sell their coin in panic or either buying it. It's basically just a war of psychology since manipulating the price of bitcoin directly is like wasting your money.
When there is dump I can see there always some discussion about it that makes people think the bearish market is coming. Totally understandable if the people just dont want to lose their money.

[Edraket31]

I think whales also makes two-way orders. where they make two opposite orders with the same amount. They sacrifice orders with confirmed negative movements, and add orders that already look profitable. Speculation they are using large funds, 50% of losses will be quickly covered with profits up to x2-5.

Yes, they do have different strategies too as they are trading large sum of money so they need to make sure that they have the right strategy before anything else. So, most traders will really do that if they are unsure and let us also remember that whales were also once a new trader who don't know at all but took the risk in investing, so what they have earning right now is the fruit of their hardship and sacrifices.

[ice18]

Sad fact whales are getting richer each day because they know what will be the market outcome because of their heavy manipulation on bitcoin markets and the small traders only relying on TAs not knowing that this is a game by whales and we need to ride on them inorder to gain more profit like them.

[Gheka]

It's amazing to see how much profits Whales could make for only a few days or week of trading. That's what makes a difference between a big trader such as whales and a commoner kind of traders. Since they have a very huge amount assets, that is why even a bit of profit they got is very big to a small traders. Some whales I believe could even move the market's prices as they wanted to, especially if they want to pump a certain altcoins whatsoever. Where there's a winner (In this case it was whales), there's a loser.

I am sure that big whales today profit from ordinary users of the cryptocurrency, because with the help of their large volumes of cryptocurrency they can very efficiently manipulate the cryptocurrency market in order to provoke us not to take adequate actions and thus earn at our expense.

Of course, the crypto market is operating in such a way, money does not automatically appear, it is a huge circle among players, and whales with a large amount of wealth are the ones that gain more advantages, they are more in control of the market while ordinary traders need to rely on them, sometimes they create plans to trick ordinary traders. Whales really are becoming richer with our bones and blood but don't be too negative, we can still avoid being lost with our knowledge and survival skills.

[akram143]

Don't react to the sudden price changes will be the best possible solution to save ourselves from the whales manipulation.Whales are also taking risk but they got what they wanted from the traders by immediate reaction on buying or selling.

[davinchi]

Not everybody can lose but maybe the small traders. This is not new just due to crypto markets nor preciously due to bitcoin markets. Manipulations are just part of all the markets and big-shots are eating up the capital of small traders by moving the market directions on their own benefits. When you got the power to move the markets then obviously you will find all the methods to getting richer by making weak hands panic.

Not just due to margin trading, whales are getting richer and the rest are losing; it is happening in spot markets too. Probably, it is due to the reason of bitcoin mining allowed early adopters to be whales. They got enough bitcoins to trigger movements on their preferred way. We cannot blame only whales; exchanges are also doing the same as they are also part of bitcoin whales.