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Author Topic: Can good news impact crypto value without whales?  (Read 398 times)
Zilon
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June 02, 2021, 07:38:14 PM
 #41

Imagine a world of crypto without millionaires and whales will good news even affect crypto value or not? 
The whales can make big scales. News generally has a very strong impact on cryptocurrency therefore tweets from most reputable whales can cause a major  boost or a change in direction of the market trend. It's preferable as a small investor you invest with the outcome from what the big players are doing. A cryto investor who isn't current with the latest development from the cryto world might miss out of major opportunities
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June 02, 2021, 08:13:08 PM
 #42

It can but we cannot deny the fact that whales are much more influential compared to news. They can easily manipulate the price movement in the market whenever they want to so most likely, we would listen to what they are saying because we know they can make it happen. On the other hand, news can still make an impact to many investors and if ever there are plenty of good news, it is much expected that investors would be much more active unlike when news are usually about the market falling down.
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June 02, 2021, 08:23:50 PM
 #43

Imagine a world of crypto without millionaires and whales will good news even affect crypto value or not? I believe crypto market can be manipulated to increase in value and also decreased in value so why not just ride along with these so called whales? They will crash the market so that's a perfect time to buy, they will also pump when the time is right and that's the time to sell, this is just my own way of making money, ride along with the whales

In my own opinion, in as much as whales manipulate the market they also contribute to the growth of the market, that is, in other words good news in crypto goes with whales, one cannot go without the other. Looking at a case scenario, if the market is down, and a good news is released, if whales do not go in hard, you will see that no much impact will be seen, this has been seen over time in this space.
In the issue of manipulation by whales, I do not think that will ever end because in as much as you want to make profit, in the same way, those whales are also looking for ways to increase their portfolio. Therefore, just do you part and be careful about it, do not let emotions get the better of you.

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June 02, 2021, 08:31:58 PM
 #44

Imagine a world of crypto without millionaires and whales will good news even affect crypto value or not? I believe crypto market can be manipulated to increase in value and also decreased in value so why not just ride along with these so called whales? They will crash the market so that's a perfect time to buy, they will also pump when the time is right and that's the time to sell, this is just my own way of making money, ride along with the whales

Its easy to say to have a ride along the whales, but it wont, i believe that so many whales in the crypto and they each other go to another direction, so even we follow a whale it didnt means we always win.
So, its better to do Technical Analysis and Fundamental Analysis to do trade, also you need to make sure you follow the rules to have a risk management.

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June 02, 2021, 11:07:46 PM
 #45

We cannot hold the fact that in some ways good news can impact the market however I still do believe that without the whales it can pump massively because still big whales are those who impacted the market massively.

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June 02, 2021, 11:22:31 PM
 #46

We cannot hold the fact that in some ways good news can impact the market however I still do believe that without the whales it can pump massively because still big whales are those who impacted the market massively.
if it happen so we are in organi growth which is project show good developtment in their product and investors trust with them. while in this condition , whales are not needed they just make price move have no direction. only pump and dump in short periode. for those who believe in product developtmen , organic pump will more natural and health for price.
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June 03, 2021, 01:18:50 AM
 #47

There must be a whale on every bussiness in this life more over in crypto because the price of cryptocurrency was nothing back in 10 years ago, there are several people who bought tons of em and became a whale in this current time. So i think the group of whales always can affect the market price when they're doing something and good news sometimes is just the trigger for baiting people to buy after they see the market pumped by the whale
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June 03, 2021, 01:19:46 AM
 #48

I think it could, in fact, mean that bitcoin's development happens purely without a push like a flash pump that will cause prices to drop. Pure development is when there is news it rises slowly without much follow, so bitcoin becomes a good asset to have

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June 03, 2021, 03:03:44 AM
 #49

I don't think that can happen because usually when there is good news from cryptocurrencies, they will try to have a direct impact on the price movement of the cryptocurrency on the exchange, so I think whales and good news will be related.

That's the law that has to happen in cryptocurrency, because they are the ones who make the demand. But sometimes I'm a little annoyed with the pope spreading fake news, causing new traders to panic, so that they can buy under and sell above easily, This I call impure growth, I hope in the future bitcoin can grow purely, because it will be healthier.

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June 03, 2021, 04:58:12 AM
 #50

Without whales, the market will sideaway for longtime and the market will moving with low volatility. The whales will trade by different phase, first accumulation when the price in the bottom, this can be take for a few months and then they ready to pump it. They do that also according to fundamental, news of the project and trend of whole market. Usually they did it by use bots.

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June 03, 2021, 05:13:42 AM
 #51

IMHO, whales in cryptocurrencies are unavoidable as long as there's no buying limitation regulated by the projects. I doubt the real decentralization would happen. Furthermore, I agree with you, as a small player there's nothing we can do other than ride along with the whales. This relationship can be described as a relationship between remora fishes and sharks. Whales make cryptocurrency trading become more interesting by the volatility and pattern shaped, and I doubt the news only can move the prices in the market so significantly without whales' interference.

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June 03, 2021, 05:22:55 AM
 #52

A cryptocurrency market is a place where people in the world can trade with each other easily and with high profits because their capitalization is so small. The whales will drive the market up and that helps everyone make a profit. Without the whales, the market would probably have lower volume and more chaotic trading. It was whales that helped the market uptrend and altcoin season. Personally, I would choose to act on the whale. They are actively collecting Bitcoin right now so buy with them.
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June 03, 2021, 05:29:49 AM
 #53

This method will work if you enter at the right time, if you are late and invest when the price is too high then the whale will destroy the value of the coin making it worthless.
try to go against the grain once in a while and don't expect anything miracle.
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June 03, 2021, 05:37:39 AM
 #54

This method will work if you enter at the right time, if you are late and invest when the price is too high then the whale will destroy the value of the coin making it worthless.
try to go against the grain once in a while and don't expect anything miracle.
the momentum of entry and exit from investment is indeed very necessary. and sometimes we forget that those who play the market are people with big capital.
if we follow the flow of the pump that is made and buy at a price that is too high it is also very risky even though the asset we choose is a top market asset and we can trust they will not scam.
new people in this market mostly don't pay attention to it.
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June 03, 2021, 10:43:58 AM
 #55

This method will work if you enter at the right time, if you are late and invest when the price is too high then the whale will destroy the value of the coin making it worthless.
try to go against the grain once in a while and don't expect anything miracle.

That's the risk with going for a speculative altcoin though. You are by definition speculating,,, and hoping to get in at the right time. Have fun, sure, make profit and enjoy, but also be aware that eventually you will buy a losing trade. Much better to keep your eggs in Bitcoin and strong alts for the long term and go live your life without looking back over your shoulder every time on alts like these.

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June 03, 2021, 11:13:25 AM
 #56

Imagine a world of crypto without millionaires and whales will good news even affect crypto value or not? I believe crypto market can be manipulated to increase in value and also decreased in value so why not just ride along with these so called whales? They will crash the market so that's a perfect time to buy, they will also pump when the time is right and that's the time to sell, this is just my own way of making money, ride along with the whales
I personally don't think that it is possible for the market not to have people like whales in the system because we all cannot have the same amount of investment in the market, so some will definitely have more than others and this situation will still exist even though I do believe that good news or Positive news from the crypto project can influence price without whales manipulation. 
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