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Author Topic: The market does not respect anyone  (Read 443 times)
judeafante
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May 15, 2020, 06:47:24 AM
 #41

While trading, you need to understand that the market does not respect any one either you are a whale or you trade with little capital.

Always look at the bigger chunks of the market and maintain a balance in trade.
The market works as it is, if you lose in your trading it's not the fault of the market but it's your fault for not reading the market correctly, there are newbies who lose and there are whales who also lose in the market, but the difference is whales will always have the means to get up.

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May 15, 2020, 08:12:18 AM
 #42

The largest concern of all in a failing economy, however, is when people are afraid of losing everything. While bitcoin is a tempting place to store assets until an economy recovers, it is a much more volatile storage method than banks, significantly increasing the risk of loss for those that choose it. The price of bitcoin is prone to a massive drop from time to time. Bitcoin have witnessed more than 60% drop in their value on the market.

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May 15, 2020, 08:25:54 AM
 #43

   The market can't have respect, there's no feelings in the markets, just numbers, no emotions! Either you will
do things right and make profit, or you will get busted! We people are the ones who get emotional and we are
the ones who make emotional mistakes, and after that we get emotional for loss!
   It's one of the advises you can find all over this forum, don't get emotional while you trade. With emotions
you will make more mistakes. Do your research, try to be objective, leave emotions on a side when you plan
to trade and you will have more chances to make profit!



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Rainbot
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May 15, 2020, 09:27:53 AM
 #44

While trading, you need to understand that the market does not respect any one either you are a whale or you trade with little capital.

Always look at the bigger chunks of the market and maintain a balance in trade.
Respect? What is respect in this market?

Quite funny but crypto market doesn't respect anybody even you are a rich kid out of nowhere or a poor stupid trader that has no knowledge about trading. The crypto market is harsh and it is harsher than you can ever imagine. Whales can pump a coin that they want anytime and get profit. Those new traders will not stay for a long time with this harsh market especially if you aren't that knowledgeable and professional enough to trade in crypto market.

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May 15, 2020, 10:36:40 AM
 #45

Respect for what? The market is composed of everyone that's involved in this market. The whales won't care for the feeling of small traders, is that what you're trying to say? if that is then that's true.
While small traders don't also care for the feelings of the whales whenever they send the market down or upwards. Everyone only cares for himself, for his own gain.
Yes. This market won't care about anyone else because everyone is responsible for his own action. If he losses his capital, he might not be doing well in the market while for those who have made successful stories in the market have clearly made huge profits and are already professionals in dealing the flaws of the market.
Nobody cares if your money will be liquidated and dissolved in this market because that's how it works. No one will care to others that have lost their money due to inexperienced and lack of trading knowledge and even to those that did wrong decision as they trade, buy and sell.
All the actions committed by every single entity in this trading market shall be accountable to each individual's self and no one shall be blamed for your own wrong action.

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May 15, 2020, 11:06:35 AM
 #46

My candid advice is always trade with what you can afford to lose. Buy when the market is down, and trade when there's profit. Crypto market is always controlled by the group of Whales that focus on manipulating the market price to their favor

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May 15, 2020, 11:12:04 AM
 #47

Whales are different to an average investor because they can manipulate the market for having huge portion of coins. For an average investor we need to go with the flow and take advantage every situation because we cant predict accurately the next movement of the market.

Thus dont be too greedy and take profit if there's an opporunity to do so.

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May 15, 2020, 11:17:47 AM
 #48

I don't think that respect is included in the market, as far as I know, the market was being moved by the whales. If you are a small-time trader or average one, if you lose your money, no one cares about it. There is no such thing as respect. All people in the market only have one desire, which is to make a profit.

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May 15, 2020, 11:20:24 AM
 #49

My candid advice is always trade with what you can afford to lose. Buy when the market is down, and trade when there's profit. Crypto market is always controlled by the group of Whales that focus on manipulating the market price to their favor

Indeed. When you can trade with the money you can afford, you will not feel too sad if you lose. But still, we need to learn more about trading so we can prevent the loss in trading. Maybe it is hard, but it is worth to learn because that is the only way we can get the profit in trading. But I don't think that the market needs to respect anyone. The whales can help us to make a profit, especially if we can use them to get the low price to buy and sell at a high price.

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Mister.Satan
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May 15, 2020, 11:44:08 AM
 #50

Kinda redundant. We've known the market is very reactive and it doesn't have feelings nor 'respect' as you said. Everyone no matters if they're whale, big fish or small fish still work as a cog in the market. Whether your fund is big or small make your cog big or small.
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May 15, 2020, 12:02:43 PM
 #51

I don't understand your point OP.
 Maybe you mean to say that in trading, we tend to lose or win regardless you are a whale or not. Or even some considered themselves as an expert trader, there is no escape in sudden sideways.
 
 Balance is important as you've said. Yes. But what important are the things you have to considered like risk management plan, stop loss and others. It is not about the fund but it is about on how to grow that fund of yours.
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May 15, 2020, 12:51:34 PM
 #52

While trading, you need to understand that the market does not respect any one either you are a whale or you trade with little capital.

Always look at the bigger chunks of the market and maintain a balance in trade.

 I tend to disagree with the OP. What you said is true for the smaller retail investors playing with a little money. But once whales are in the game they control the price and the market movement.

To some extents the whales tend to be bullish and control the price and movement of the market.
But ideally, have you witnessed such strong influence against tokens with very high volume?

It is very unlikely
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May 15, 2020, 01:03:55 PM
 #53

The market does not respect anyone  due to incredible volatility. i dont think that any forms of long term analysis is working here
SyndicateLabs
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May 15, 2020, 01:10:22 PM
 #54

I do not understand why you use the word respect in this market? It does not make sense at all, you should use more reasonable words. Like this Market can make all investors lose money, whether you are a whale or a small trader
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May 15, 2020, 01:11:37 PM
 #55

While trading, you need to understand that the market does not respect any one either you are a whale or you trade with little capital.
Always look at the bigger chunks of the market and maintain a balance in trade.

First of all, need to have proper knowledge about market. it depends on your captial also, how much you can afford loss. But market have to respect whale as because they can manipulate market so badly anytime

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May 15, 2020, 01:15:26 PM
 #56

While trading, you need to understand that the market does not respect any one either you are a whale or you trade with little capital.

Always look at the bigger chunks of the market and maintain a balance in trade.

If you are a huge whale putting up a sell or buy wall worth a billion USD or more, you can definitely have the market respect you. That can pull the price down or push it up depending on which direction you would want it to go.

But small traders like us cannot move the market whichever we would want, so we just have to try to predict and ride with it as good as possible.

MEGA

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May 15, 2020, 01:16:47 PM
 #57

While trading, you need to understand that the market does not respect any one either you are a whale or you trade with little capital.
Always look at the bigger chunks of the market and maintain a balance in trade.

First of all, need to have proper knowledge about market. it depends on your captial also, how much you can afford loss. But market have to respect whale as because they can manipulate market so badly anytime

yeah, whales could manipulate the market, but the stampede could hurt them as well, if it is organized enough, so there are two sides on each story, and this one is no exception

i do think that i you understand market, you can make profit, but it is a hard and stressful business that requires knowledge and more important strong nerves, which is not easy to have, so it is not for everyone, i personally just invest, rarely trade, it is too stressful for me to trade
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May 15, 2020, 01:20:20 PM
 #58

Hm, well I will like to contribute my own point of view about trading, assuming you have 2000$ worth of Bitcoin already, why not sell half for stable coin? Hold the remaining BTC balance just Incase price surge later, holding that 1k stable coin will come in handy once price start declining too, tell me how this isn't the best trading plan?

Stable or not, just know that the other half you think is safe is at risk of market manipulation or let's say market crash.
The market is very unpredictable because of high volatility.
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May 15, 2020, 01:26:46 PM
 #59

Hm, well I will like to contribute my own point of view about trading, assuming you have 2000$ worth of Bitcoin already, why not sell half for stable coin? Hold the remaining BTC balance just Incase price surge later, holding that 1k stable coin will come in handy once price start declining too, tell me how this isn't the best trading plan?

Stable or not, just know that the other half you think is safe is at risk of market manipulation or let's say market crash.
The market is very unpredictable because of high volatility.
the place of exchange which can still be said to be safe is the Binance exchange place while for price movements from the exchange place it cannot be predicted so it only requires very high patience to be able to get a lot of profit because it will not be easily influenced by any news.

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May 15, 2020, 10:42:52 PM
 #60

While trading, you need to always avoid misplaced priorities, there is no need for respect while trading. Who does respect help ?

Remember that while trading, the market comprises of me, you and other crypto traders; and some bots who place, buy and sell orders. So from whom do you want respect?
Do your own research, figure out your entry and exit points before you even start trading; and you will enjoy good successes.
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