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

[CarnagexD]

Cryptocurrency trading is already volatile and risky. Doing margin trading adds another level of risk and can take your investment out of your control as you have described.

I have found that trading in general is not very profitable because of the losses in fees, etc. unless you are just really good at trading.

We should learn that in trading, it is a gamble too, once someone is earning of course the other party is losing, this is the game of money, so we must be very careful and don't trust much everyone here especially if they are telling people to buy this as it will pump soon, for sure they will sell their holdings that's why they are yelling and shilling over the internet to buy that.

What the most people here are very speculating, even there is insignificant change in the market they interpret that as big deal when in real it is not. What differs the small trader and whales is the affordability, whales tends to gamble and invest massive amounts coz that's the nature of risking while small ones are just on their average. Another thing is whales can manipulate the market with their holdings, they can easily prepare a trap in the market especially the institutional and corporational investments. Being smart and emotionally capable being would make you strong to cope with the market.

[okala]

This is not a problem because they can just manipulate the market and we can still keep up if we have the right position and not to lose our money. And joining a hype in uptrend is really a good idea and a strategical way since we can just do a target price for buying and selling.

And i think whales are not always winning and they have a lot of losses too.

I do seriously agree with what you just said and it is good that we understood that the cryptocurrencies market is an open market and some whales also loss money from the volatility of the market. We just need to understand how some trending indicators work and trade along to beat the market in it games.

[maydna]

This is not a problem because they can just manipulate the market and we can still keep up if we have the right position and not to lose our money. And joining a hype in uptrend is really a good idea and a strategical way since we can just do a target price for buying and selling.

And i think whales are not always winning and they have a lot of losses too.

I do seriously agree with what you just said and it is good that we understood that the cryptocurrencies market is an open market and some whales also loss money from the volatility of the market. We just need to understand how some trending indicators work and trade along to beat the market in it games.

So if we can follow their way when they are trying to move the market, we can take the benefits too besides of them. But we need to analyze deeper, so we know if that is the whales or not because sometimes it is hard to detect the whales move. We need to make a few strategies to adjust the situation so we can move fast if they do something. The whales itself can get lost as both of you said because I am sure that sometimes the whales cannot always get the right information related to the market.

[Orochimarukin]

I don't margin trade yet but I'm learning to. I really hope I get good at it before prices start to rally. It is a great way to earn BTC but you can easily lose it too if you don't know what you're doing.

[crossabdd]

I personally have never used margin in trading. in my opinion it is too risky, I prefer trading in general. because trading knowledge is minimal in margins. yes, at least we can analyze the movements made by whales, so we don't lose our BTC. because whales only take BTC in those who have high panic and fomo.

[pajak666]

There is nothing wrong with margin trading itself... Nobody said your position has to be substantial. Use margin, be smart with sizing and profit. There is no obligation to go x100 for big chunks of your moneyz

[hv_]

Not all see the connections

but whales have entered into btc and other crypto very early

into their governance - protocol and eco-systems:

https://www.youtube.com/watch?v=3dW549Ohkxo

[gabmen]

Not all see the connections

but whales have entered into btc and other crypto very early

into their governance - protocol and eco-systems:

https://www.youtube.com/watch?v=3dW549Ohkxo

It's not just that. You can take playing poker for example, Stack bullies have an easier time winning hands compared to others since they can bet bigger amounts, hence better returns. That's the advantage of trading or investing an amount you can afford to lose. No pressure. If they lose at a certain point, they can easily cover the loss and get it back since they have more than enough asset at their disposal. Sadly, that can't be said for normal people like us who'll have trouble shrugging off and recovering a big loss.

[Negotiation]

It is bad and sad that whales are becoming more and more rich in using margins to trade and we are losing a large part of our profits. That is why I do not use margins when trading it is very risky The whales know that trade is high with Bitcoin so they spend more time there That is why you should be very careful when trading invitations Otherwise we may lose our money.

[MWesterweele]

It is bad and sad that whales are becoming more and more rich in using margins to trade and we are losing a large part of our profits. That is why I do not use margins when trading it is very risky The whales know that trade is high with Bitcoin so they spend more time there That is why you should be very careful when trading invitations Otherwise we may lose our money.

That is the mindset of the true business minded people that are gonna be rich more in future. They will invest more in different investment that they will think it will give them a lot of money soon, they are always looking forward for the future as well as the present. Whales mindset is very firm and it cannot be affected by past situations.

[error08]

Trading is not for everyone, in most cases, people will lose their money rather than make profits.
Aside from whales, exchanges also make big profits just by providing a place for the battle.
The best advice for newbies is, just buy bitcoin right now as much as you can, and do not spend more than you can afford to lose, save some fiat as a back-up.
Wait for a long-term, 6 months or 1 year, then in 2021, you'll see it's worth it what you've invested today.

[Apened]

Trading is not for everyone, in most cases, people will lose their money rather than make profits.
Aside from whales, exchanges also make big profits just by providing a place for the battle.
The best advice for newbies is, just buy bitcoin right now as much as you can, and do not spend more than you can afford to lose, save some fiat as a back-up.
Wait for a long-term, 6 months or 1 year, then in 2021, you'll see it's worth it what you've invested today.

I agree to this one well not all can be a trader and not all woll going to survive even there is a proven system as we don't know how each of this ehales in the market is playing and taking the money of some traders. In order to be able to go with them is to learn to trade it doesn't mean that we need to get pass on the whales to earn because a certain ways that we can earn by just following what they want to and when they are about to push the price.

[coinfinger]

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.

If you read what the OP said, you'll understand that this was not about reacting to the new sudden change in price of the crypto market but getting people informed about the right procedure in other not to be the whales prey.
With that been said, the current change won't save us from the whales for knowledge and simultaneous research is what we need.

This is why holders are the smartest people when it comes to bitcoins because if I have 1 bitcoin there is no possible way any shark or whale can take away from me that no matter what. But, yes for traders the big sharks can always manipulate the market create a particular panic either for sell or buy and make small traders fell into it.

The market is still very much controlled by some big people and as long as they hold more than 5-10% of circulating coins, they can easily make big waves into market and sustain that for quite sometime. More people getting in crypto means more liquidity and hence a better market.

[Distinctin]

It is bad and sad that whales are becoming more and more rich in using margins to trade and we are losing a large part of our profits. That is why I do not use margins when trading it is very risky The whales know that trade is high with Bitcoin so they spend more time there That is why you should be very careful when trading invitations Otherwise we may lose our money.

That is the mindset of the true business minded people that are gonna be rich more in future. They will invest more in different investment that they will think it will give them a lot of money soon, they are always looking forward for the future as well as the present. Whales mindset is very firm and it cannot be affected by past situations.

Because they know what exactly they doing and having a lot of money to either manipulate the market is their advantage over to small players/investors. Though we think that is really bad but we can't blame them cause that's the way they are. If we don't want to become their prey, please don't get tempted to buy coins at hypes cause that is their plays.   

[the rise]

Because they know what exactly they doing and having a lot of money to either manipulate the market is their advantage over to small players/investors. Though we think that is really bad but we can't blame them cause that's the way they are. If we don't want to become their prey, please don't get tempted to buy coins at hypes cause that is their plays.   

what about btc, do you still buy it even though you know this coin is still the purpose of their manipulation? Margin is the most attractive option for large investors and bitmex is one of their favorite exchanges, we can choose other options such as margin in Binance, there is a slower price reaction gap there. the whale will still move freely, and always have an influence on prices.

[Mpamaegbu]

Whales getting richer while the rest of the market gets slaughtered is a question of - he who pays the piper calls the tune. The whales control the market because of their large financial muscle. One can easily make over 2btc weekly if one controls as little as 50btc through arbitration. Then imagine the extent of what anyone who holds over one thousand Bitcoin can do by merely dumping and then rebuying at a lower price.

[Ridwan Fauzi]

It is bad and sad that whales are becoming more and more rich in using margins to trade and we are losing a large part of our profits. That is why I do not use margins when trading it is very risky The whales know that trade is high with Bitcoin so they spend more time there That is why you should be very careful when trading invitations Otherwise we may lose our money.

This is why an experience is another important when we start trading. As most everyone says maybe, the people who intend to trade should mastering the analyst and yeah it is good. But you should add your experience too or you shoul find some people experience to make you know another side in trading.

Indeed, we and the whales are same, I mean they have own right or have a profit traget when they are trading and we have as well. We can't blame anyone when we felt a lose or a huge lose because it is our risk. But at least when you know the ins and out the trading crypto you'll have a strategy to avoid many risk for sure.

[Sadlife]

That's why its necessary to have a good stop loss and exit plan strategy once the price hits the ATH or the price range that you planned on cashing out, you should just do it and dont let a big dump wash away the profits you've made cause by the whales who are hurrying to liquidate their profits.
Especially, when in this current date a big move is coming this is really interesting times.

[Aying]

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.

So true, whales are prepared on what will happen. they know how it exactly works and in crypto they know that if you are 2 to 3 years experience trader and don't have efficient funds you will have big losses and whales are wiser because they have their own back up plan and funds. so we cant blame whales to become more richer. they work hard for it and fight for their losses and back again to the game and take it on control.

[wajik-tempe]

That's why its necessary to have a good stop loss and exit plan strategy once the price hits the ATH or the price range that you planned on cashing out, you should just do it and dont let a big dump wash away the profits you've made cause by the whales who are hurrying to liquidate their profits.
Especially, when in this current date a big move is coming this is really interesting times.

Yeah whales can't do anything if all the people are having a good trading strategy, placing a stop loss is always needed in crypto currency trading if we don't want to stuck in the whale's trap. Whales are getting richer because of the traders who eats their trap and FOMO in every condition but ended up loss or stuck and hold the loss coin for a long time.