The market does not respect anyone

[Bitbtc8]

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've been stuck with Naira on binance since I took advantage of the market before the halving @9700$ per Bitcoin and now it seem the market won't go down sooner, I belief it's all about Waiting, if I can wait it out the time will come, Bitcoin is volatile and price fluctuations is 100% sure.

[@baoli]

I beg to differ a bit. If you are a whale you can control a Market. Depending on the coin's market cap a whale can set buy order that can he/she can maintain. If a whale want to also crash a trade he/she can also do that depending on how much they bought the token 

[bobyhodob]

I beg to differ a bit. If you are a whale you can control a Market. Depending on the coin's market cap a whale can set buy order that can he/she can maintain. If a whale want to also crash a trade he/she can also do that depending on how much they bought the token 

of course when I can become one of the whales who have a lot of money to trade then I prefer to master one altcoin that really has potential because if controlling bitcoin will be very difficult, at least human nature will indeed be like that.

[MuhNofa]

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.

not only that in the world of trading in my opinion, we must master or are accustomed to the name of loss, and then experience is very influential, because without that experience you will experience failure. In my opinion like that and there are many more things to know

[princesspoppy]

What I know about the market is it is controlled by whales. Whales can move the market whenever they want and with whatever results they want as long as it will be in their favor.  Those that are not respected by the market/whales are those people with weak hands that leaves the market as soon as they see dumps on their coins/tokens.

[kceekcee]

What I know about the market is it is controlled by whales. Whales can move the market whenever they want and with whatever results they want as long as it will be in their favor.  Those that are not respected by the market/whales are those people with weak hands that leaves the market as soon as they see dumps on their coins/tokens.

even as the whales control the market, you also need to do the basics by understanding the market flow and taking profits each time.
also, do not let it surprise you that even if as a whale you are not careful and doing your researches, you are closer to rekts than profits

[XCANA]

Being a decentralized platform and somehow anonymous, thus industry and bitcoin doesn't have any respect to anyone in the industry as we have seen from inception till date. Although, the market has been manipulated by the whales but only on the slight price and not on the entire industry. Recently, there has been series of speculatives around the industry, these speculatives hasn't see the light of the day as the market never obey their speculatives talks on the price of the market.

[Mammothcoin]

The problem with many traders is that they try to tell the market what it should do based on their own analysis. Such behaviour is the reason why many people fail at trading. The market is alive and should be listened to, each candlestick tells you a story of the price action. Forcing your opinion on the market will only result in losses.

[alisonwonder]

The problem with many traders is that they try to tell the market what it should do based on their own analysis. Such behaviour is the reason why many people fail at trading. The market is alive and should be listened to, each candlestick tells you a story of the price action. Forcing your opinion on the market will only result in losses.

I think only a few amateur traders will do that because when you can control the exchange and have lots of money to do that you can get a lot of profit without having to look at the analysis from anywhere.

[bitkanu]

The problem with many traders is that they try to tell the market what it should do based on their own analysis. Such behaviour is the reason why many people fail at trading. The market is alive and should be listened to, each candlestick tells you a story of the price action. Forcing your opinion on the market will only result in losses.

I think only a few amateur traders will do that because when you can control the exchange and have lots of money to do that you can get a lot of profit without having to look at the analysis from anywhere.

If you re thinking the amateurs will try to throw a lot of money to the market and i guess you should reconsider your statement again dude. The majority of the party who were getting a huge loss in trade comes from the amateurs and the whales always become the party who wins the market. Your statement was not true at all.

[StephenJH]

Most important thing when you will go for trade, make sure you have a lot of knowledge about anything that related with crypto and trade. Market will bullying everyone who knowing nothing about market. Then, make sure you have good money management and expect you will lost your money, always using stoploss in every trade.

You are absolutely right about that, it is just the same for me. l mean if you have any capital for trading or doesn't matter for investing. Without knowledge it is just useless, that is why for being a good trader and also making a good investment you need to have a lot of knowledge, experiences. Without things, you can not get any success. Cause of that in my humble opinion we try improving ourselves every day, no doubt it can take a bit long time to get success, but it doesn't matter to be patient. It will be worthwhile.

[SolarWindMiningCompany]

Most important thing when you will go for trade, make sure you have a lot of knowledge about anything that related with crypto and trade. Market will bullying everyone who knowing nothing about market. Then, make sure you have good money management and expect you will lost your money, always using stoploss in every trade.

You are absolutely right about that, it is just the same for me. l mean if you have any capital for trading or doesn't matter for investing. Without knowledge it is just useless, that is why for being a good trader and also making a good investment you need to have a lot of knowledge, experiences. Without things, you can not get any success.

I think having the capital for trading is not just the solution for me. You have to be in the right circle of traders for easy access to important and key info that determines the direction of the market. I have seen whales wreck in no time in this market because they are not informed. Also if you are an average trader, in the right circle you can mirror trade expert traders and make your profits at ease

[totoy4741]

You are very wrong with your statement, the market is led by the whale. Whale can move a market in any direction if they want because they hold a big bag. Whales are the market maker and dumper for your info. However, it depends on market size though.

Yeas you are right traders/whale are the ones manipulating the market, so in contrary to what OP says, we (traders,whale) don't respect any market flows as we are the one making any movements in the market, how the market would give a damn respect if they are just follow the flow by big traders/whales..

[Ifemini]

The problem with many traders is that they try to tell the market what it should do based on their own analysis. Such behaviour is the reason why many people fail at trading. The market is alive and should be listened to, each candlestick tells you a story of the price action. Forcing your opinion on the market will only result in losses.

This is just another truth, it is wrong for any trader to try and force your own initatives on the market, some whales try it, and it always does not end well either ways.
Thats why you have to follow the market trend as a trader, not twist it.

[Ifemini]

Yes you are right. Sometimes trading patterns as like you say, need skill  to required for those who carry out transactions to be smart and quickly at making decisions maker based on news coverage and hot issues  develop at this time because all ends how much you can earn from the trading process. Good Luck.

In addition to having skill, you also need to be honest with yourself while making reviews, because you cannot betray the process or outsmart it.
You should be able to determine your percentage profit before going into the trade at all, that way you get to keep focus and also avoid greed.