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

[drachman]

Whale dive created huge panics to all weak holders they perfectly knew that with such actions a lots of people will follow and full their bags, same deal with how they creates artificial pumped, fomos will buy afraid that the train will leave them not knowing that at the very peak whales will dumped everything and sucked out their profits. Leaving more people in trapped or force to sell with huge losses.

Its all about how strong your nerves are when whole market is bleeding. Whales are called whales for some reasons and one is they never sell in panic nor lose hope, no matter how much worse conditions are. The problem with small fishes are that they only wanna jump in when market is high and don't wanna stay when its down. Thats why they always remain small fishes who are eaten by whales.

Indeed. The whales are so patient and they have a lot of dedication to the market that they know what is really going on. They have a lot of capital also and that is their edge since they can manipulate the market. I would suggest for the small traders like us to do not enter the market when it doesn't show any clear direction. Only trade or invest when the market has a proof of going up.

Many investors are always complaining about the whales but they got that position for a reason, while it is impossible for any normal trader to become a whale we can still profit from the market as long as we understand very clearly that the whales have the whole advantage when it comes to the market and it is not a good idea to antagonize them, if you make a trade and the market goes against it there is not reason to keep holding that position and we must get out immediately just in case the whales were planning a huge movement in that direction.

[the rise]

Whales is more active in targeting the derivatives market and it is not uncommon to eat traders who are not very ready with their capital strategy. Bitmex is the most crowded market to see them at the moment. We as ordinary spot traders are actually not affected frontally because the portfolio does not refer to liquidation prices. Whales also may not always be able to control the market because they too will definitely fail with certain experiments.

[wajik-tempe]

Whales is more active in targeting the derivatives market and it is not uncommon to eat traders who are not very ready with their capital strategy. Bitmex is the most crowded market to see them at the moment. We as ordinary spot traders are actually not affected frontally because the portfolio does not refer to liquidation prices. Whales also may not always be able to control the market because they too will definitely fail with certain experiments.

Usually whales are not only play in market and also they won't did things alone, there must be a group of whales which having more than thousand bitcoins each. they will spread into many markets and bought the coins that they want to pump (usually a coin with not so big volume). I think big coins won't able to controlled by whales because of the big volume.

[MWesterweele]

Whales is more active in targeting the derivatives market and it is not uncommon to eat traders who are not very ready with their capital strategy. Bitmex is the most crowded market to see them at the moment. We as ordinary spot traders are actually not affected frontally because the portfolio does not refer to liquidation prices. Whales also may not always be able to control the market because they too will definitely fail with certain experiments.

Because the mindset of whales are different from a newbie trader or a common trader, they are futuristic and ambitious , they have goals ,so they are risking their money in exchange for a bigger plans and bigger profit, we people are afraid to lose too much when we can gain too much as well. They are focusing on investment rather than loses.

[Natalim]

That's really true, whales keep manipulating the market so everything is easy to them.

Making money with just a little movement for them is possible and it's more possible because there are investors who risk investing but does not have enough knowledge on what they are doing, that's the reality for now but hopefully small investors will be educated in the future so whales power to manipulate us will decrease.

[Distinctin]

Whales is more active in targeting the derivatives market and it is not uncommon to eat traders who are not very ready with their capital strategy. Bitmex is the most crowded market to see them at the moment. We as ordinary spot traders are actually not affected frontally because the portfolio does not refer to liquidation prices. Whales also may not always be able to control the market because they too will definitely fail with certain experiments.

Because the mindset of whales are different from a newbie trader or a common trader, they are futuristic and ambitious , they have goals ,so they are risking their money in exchange for a bigger plans and bigger profit, we people are afraid to lose too much when we can gain too much as well. They are focusing on investment rather than loses.

They are smart, proactive and always taking advantage of every opportunity that they saw. We know such manipulation capabilities and it is not quite new to us this kind of scheme. But I'm so thankful also to my part and because of them, volatility still strong that makes the market more alive and even more profitable when you'll go along with them.

[Triffin]

That's really true, whales keep manipulating the market so everything is easy to them.

Making money with just a little movement for them is possible and it's more possible because there are investors who risk investing but does not have enough knowledge on what they are doing, that's the reality for now but hopefully small investors will be educated in the future so whales power to manipulate us will decrease.

Yes not about their mind-set but their own planning as they take advantage of New traders by misleading them. They will give fake promises and those who are unaware or having lack of knowledge will listen to them. That’s why new trader who listen to whales and sell their coins will suffer lose while whales will get high value coin at low price.

[bitbunnny]

That's really true, whales keep manipulating the market so everything is easy to them.

Making money with just a little movement for them is possible and it's more possible because there are investors who risk investing but does not have enough knowledge on what they are doing, that's the reality for now but hopefully small investors will be educated in the future so whales power to manipulate us will decrease.

I can't beleive that everyone thinks how whales are guilty for everything and every.time when price isn't favourable whales are to blame.
I definetely wouldn't agree with that and I think it's irony that everyone claims Bitcoin is independent and on the other hand that is manipulated by individuals or groups of individuals.

[Capt00]

That's really true, whales keep manipulating the market so everything is easy to them.

Making money with just a little movement for them is possible and it's more possible because there are investors who risk investing but does not have enough knowledge on what they are doing, that's the reality for now but hopefully small investors will be educated in the future so whales power to manipulate us will decrease.

Yes not about their mind-set but their own planning as they take advantage of New traders by misleading them. They will give fake promises and those who are unaware or having lack of knowledge will listen to them. That’s why new trader who listen to whales and sell their coins will suffer lose while whales will get high value coin at low price.

Depending on how you understand the situation and as well how these will act violently, coz I don't think it is a kind of misleading when they pump a certain coin and then dump later on. If you are a trader, you'll know already how these whales do their job and in the first place, why we have to buy this coin when it is already been lifted high because of hypes and not because there is an increase in demand. That is why we should have to think first and do research in order to know if this is manipulated or not.

[novaprime]

That's really true, whales keep manipulating the market so everything is easy to them.

Making money with just a little movement for them is possible and it's more possible because there are investors who risk investing but does not have enough knowledge on what they are doing, that's the reality for now but hopefully small investors will be educated in the future so whales power to manipulate us will decrease.

I can't beleive that everyone thinks how whales are guilty for everything and every.time when price isn't favourable whales are to blame.
I definetely wouldn't agree with that and I think it's irony that everyone claims Bitcoin is independent and on the other hand that is manipulated by individuals or groups of individuals.

Whales will never tell you current profits and this is something I can predict. In fact, they are market manipulators and can make you feel sad or happy so you need to be very careful in trading and always calm before investing. In addition, they have control of this market and cause the coin to rise unexpectedly, so these are the coins you should stay away from when trading.

Of course, whales will always win and they will still make money this way for a long time so be prepared with the knowledge needed to survive.

[chip1994]

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.

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.

Yes, I thank you for warning me. but as far as I know it is at Bitmex which has a copy trading function for all types of accounts. and this is really a huge trap. I have seen Chinese and Russian accounts grow over 25k% in 1 trading month. After that, when I learned more about the information, many people said that those accounts were just bots and it enticed us to copy trading and then lose money. So don't trust the virtual number on the leaderboard, it's just a trap.

[sana54210]

Whales is more active in targeting the derivatives market and it is not uncommon to eat traders who are not very ready with their capital strategy. Bitmex is the most crowded market to see them at the moment. We as ordinary spot traders are actually not affected frontally because the portfolio does not refer to liquidation prices. Whales also may not always be able to control the market because they too will definitely fail with certain experiments.

I suppose it is the affect of being a pump/dump all by themselves not only in crypto but all around the world that affects it.

The most known thing for example is "warren buffet affect" on stocks, when he buys a stock even if it is actually good or bad, people buy that stock as well thinking he knows what he is doing and that is why he is investing into the stock. If nothing else happens it surely will attract more attention for that stock and everyone will look into it differently, which causes for price to actually go up and makes him right at one point.

Stock didn't go up because it deserved to (maybe it did) but because he bought it, so he himself makes himself rich by investing into anything. That kind of stuff happens in crypto as well when a rich whale buys millions of dollars worth of ANY coin at all.

[Visbay]

That's really true, whales keep manipulating the market so everything is easy to them.

Making money with just a little movement for them is possible and it's more possible because there are investors who risk investing but does not have enough knowledge on what they are doing, that's the reality for now but hopefully small investors will be educated in the future so whales power to manipulate us will decrease.

I can't beleive that everyone thinks how whales are guilty for everything and every.time when price isn't favourable whales are to blame.
I definetely wouldn't agree with that and I think it's irony that everyone claims Bitcoin is independent and on the other hand that is manipulated by individuals or groups of individuals.

Yes, panic or price falls people are equally responsible it’s because we lose money in trading for our own mistakes as when people whom you don’t know asks you to do something and you follow them so it’s ridiculous better keep your own coins safe and whales are there to discourage you and make you sell panic,  you give whales chances to take your profit and make you lose. Sony listens to them when they spread bad news.

[Mumbeeptind1963]

They are smart, proactive and always taking advantage of every opportunity that they saw. We know such manipulation capabilities and it is not quite new to us this kind of scheme. But I'm so thankful also to my part and because of them, volatility still strong that makes the market more alive and even more profitable when you'll go along with them.

They can read and understand the market very well, that is why it is too easy for them to manipulate it. They became rich because of their strategies and skills that has been develop thru time. We need to have a mindset like them, they  are not afraid to take risk, they can experienced losses as well but they are more focus on the good side and how to improve their investments.

[Shasha80]

In my opinion it's only natural that the whales get richer, while others suffer losses. Because whales have very much capital, with these capital
whales can manipulate the market. So for whales want any market conditions can still be profitable, because whales take advantage of someone's
panic. So if people panic sell, whales will accommodate a coin when the price is low. Then when people panic buy, whales will take profit by making
a dump in market. We really have to be careful when prices suddenly go up or prices suddenly go down, do not rush to take a decision. Because
prices that move suddenly in the market are most likely to be market manipulation of whales.

[avatar_kiyoshi]

That's really true, whales keep manipulating the market so everything is easy to them.

Making money with just a little movement for them is possible and it's more possible because there are investors who risk investing but does not have enough knowledge on what they are doing, that's the reality for now but hopefully small investors will be educated in the future so whales power to manipulate us will decrease.

Whales is the one of market instruments, they are who can move the price to volatile. Like OP said, trading is zero sum game where there will be a winners and losers, it's depends on your choice.
We can't stop those whales, but we can follow their pattern, although I'm sure it's need a lot effort, time and experience.

[rijaljun]

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

First we need to know how many capital needs to be classified as whale. I do believe the market has whales, mini-whales, dolphins and little fishes. But there is no standard to say someone is a whale.

And, I agree with you since every 'whale' is winning since there are other whales that could have different moves in trading and market isn't controlled by only a single whale. As a little fish in the sea, all we can do is to follow most of whales movements and make money from it, and let the other whales lose their investment.

Basically, whales and fish are the same, if you smart enough to know their thoughts, your percentage of profit could be the same.

[Subbir]

Loss is an experience of life without which you can't achieve life presumption you would like to achieve success in life then you would like to find out from loss then you'll benefit within the future, However, you've got to form a profit by living here with profit and loss.

[Wipeout2097]

Whales are major threat for normal traders who make efforts and spend lot of time to collect some BTC,And the whales came suddenly and just disturb your trade.I think to deal with whales and avoid to loose money take trade in long term.

Dont forget t put SL option,and hold till market g in normal. Whales moves are hard t identify when and how much amount of BTC will move no one can exactly predict.Go thoroughly the past trends of markets move the keep eye on the events to make decisions.

[rijaljun]

Whales are major threat for normal traders who make efforts and spend lot of time to collect some BTC,And the whales came suddenly and just disturb your trade.I think to deal with whales and avoid to loose money take trade in long term.

I would love to delete this kind of thought.

They do have lot efforts too, they have made enough money and be a whale, you can too. Instead of blaming them for your loss, I would rather try to compete them or just follow thoughts on making moves so I wouldn't lose my money in my investment.