The Data PROVES It: The Wealthy Were BUYING, As Amateurs Sold In Fear...

[CryptoPressAssociation]

The Whales, bitcoin holders who manage between 1,000 and 10,000 Bitcoins, who had sold when the price had topped $30,000, have changed their strategy and are now accumulating.

Comparing the activity of seven holder segments over the period of November 2020, starting from those with less than 1 BTC to whales: addresses with less than 1 BTC, 1 to 10 BTC, 10 to 100 BTC, 100 to 1,000 BTC, and 1,000 BTC to 10,000 BTC... >>Continue To Article...

[Obito]

Good thing that I am not some newbie in this business, I know how they are going to maneuver/manipulate the market so I continue to hodl and accumulate because I know that what the whales are drawing is that they want to shake off the panic sellers so the prices can further go down and then they can finally buy back what they have sold in profit.

[Henrobakkara]

Good thing that I am not some newbie in this business, I know how they are going to maneuver/manipulate the market so I continue to hodl and accumulate because I know that what the whales are drawing is that they want to shake off the panic sellers so the prices can further go down and then they can finally buy back what they have sold in profit.

Just like you, I guess anyone that has been in the crypto space for a while knows this even though some might still fall into selling due to fear of "How long will it take for the market to recover". This has been a continuous talk about why you shouldn't sell your Bitcoin any time the market dips because if you think about it, you are not just selling into thin air, some people are buying up whatever you sell and are mostly whales accumulating what the weak hands sell-off and too many times, it has been proven that HODLing pays off at the end.

[Yaunfitda]

I guess it's pretty obvious, the whales have deep pockets and will continue to accumulate as long as bitcoin is very cheap on their eyes. As compare of like average joes, who might invest money that they can't afford to lose and hoping that they will hit the jackpot in short amount of time.

Nevertheless when the price goes down, just like what we've witnessed in the last 2 months. They sold in fear and panic.

[SFR10]

Despite all of the valid points in that article, I do not agree with the latter part of the subject field... There's a big possibility that some of the so-called "amateur investors" are just selling to cover their expenses ^{[not everything has to do with fear]}.
Does anybody know another source that shows that data clearly ^{[it's way too small]}?

[CryptoStar19]

This is generally how markets work, those with deeper pockets who can withstand downturns will force out the smaller players who can't. This is why the argument that "invest in crypto with money that you can afford to lose" has some validity.

[marilynmanson21]

amateurs are people who are new to bitcoin and they buy coins when the price is high, when there is a slight decline they panic and sell the assets they have, and it is the whales who start playing when they panic to hold the coins they sell when the price is high, and they buy again at cheap prices from amateurs

[Sterbens]

Good thing that I am not some newbie in this business, I know how they are going to maneuver/manipulate the market so I continue to hold and accumulate because I know that what the whales are drawing is that they want to shake off the panic sellers so the prices can further go down and then they can finally buy back what they have sold in profit.

The difference with the beginners, they are dependent on the income from trading, while the whales are not, they have 1000 alternatives to make a profit out there. So whenever they want Bitcoin price to go down he will be ready to take part at any price. Take advantage of market conditions when beginners feel the price collapse.

[aoluain]

Good thing that I am not some newbie in this business, I know how they are going to maneuver/manipulate the market so I continue to hodl and accumulate because I know that what the whales are drawing is that they want to shake off the panic sellers so the prices can further go down and then they can finally buy back what they have sold in profit.

Just like you, I guess anyone that has been in the crypto space for a while knows this even though some might still fall into selling due to fear of "How long will it take for the market to recover". This has been a continuous talk about why you shouldn't sell your Bitcoin any time the market dips because if you think about it, you are not just selling into thin air, some people are buying up whatever you sell and are mostly whales accumulating what the weak hands sell-off and too many times, it has been proven that HODLing pays off at the end.

Yes correct on both accounts, we dont necessarily need DATA to tell us this, it has been
happening this way since we 3 have been on the forum, we saw it in 2017 too.

As soon as the value starts rising it attracts newbies who FOMO into Bitcoin,
when the rise is exhausted and whales start manipulating those newbies FUD out.

The markets after a halving look like they are fuelled by FOMO and FUD, unfortunately.

I suppose it offers us a chance to DCA!

Despite all of the valid points in that article, I do not agree with the latter part of the subject field... There's a big possibility that some of the so-called "amateur investors" are just selling to cover their expenses ^{[not everything has to do with fear]}.
Does anybody know another source that shows that data clearly ^{[it's way too small]}?

There are also those who have the skill and knowledge to sell and buy back at opportune times!

[electronicash]

Good thing that I am not some newbie in this business, I know how they are going to maneuver/manipulate the market so I continue to hold and accumulate because I know that what the whales are drawing is that they want to shake off the panic sellers so the prices can further go down and then they can finally buy back what they have sold in profit.

The difference with the beginners, they are dependent on the income from trading, while the whales are not, they have 1000 alternatives to make a profit out there. So whenever they want Bitcoin price to go down he will be ready to take part at any price. Take advantage of market conditions when beginners feel the price collapse.

even the ones who are not whales can participate in the trading though and if they see the price had reached its heights, they will sell and see if they could buy after. some of those who sold this time are out of fear believing the price will still drop.

when it somehow tried the breakout below $30K, it must have been very disappointing for them while the price bounces back up. and now they are not sure whether to buy at $32k or wait.

[ipanks]

If we can follow the whales carefully by buying bitcoin and keeping it for some time, we can be the next rich people when the price starts increasing in the next bull run. But if we are afraid to buy bitcoin and just waiting without doing anything, we will regret it in the future because we will be late to accumulate more bitcoin. The market will recover from the bearish trend and that time will come soon and if we are not ready for the coming, we can not make a profit like others instead regret it.

[clint25n]

For now, those of us who feel like amateurs are really afraid to process the time ahead.maybe we as amateur players still have doubts even though many rich people are still making large purchases, but what they are doing right now has absolutely no effect on the value of bitcoin. maybe we are more careful in making purchases for the current time so that we are not too rash in responding to it

[mk4]

Wasn't this almost always the case when there is too much fear in the markets? There was just so much negative sentiment and so much fear on Bitcoin/crypto communities since the recent drop to $29,800 levels.

Ladies and gentlemen, moments like that are where long-term investors stack sats.

[sapnu]

You will surely lose if you will let your fear deceive you into selling. There are a lot of FUDs in the market as usual yet you should already know how things works out here. We should know how to outsmart the whales so that regardless of what games they are playing, we may know how we can still take advantage or benefits from it. If we would stay like how regular investors commits to their investments wherein fear usually pushes them forward to make actions that they will soon regret, we'll never be able to gain benefit here in the crypto world.

[maju69]

I guess it's pretty obvious, the whales have deep pockets and will continue to accumulate as long as bitcoin is very cheap on their eyes. As compare of like average joes, who might invest money that they can't afford to lose and hoping that they will hit the jackpot in short amount of time.

Nevertheless when the price goes down, just like what we've witnessed in the last 2 months. They sold in fear and panic.

and the fact is that amateur mentality is often shown by influencers who arbitrarily give instructions to sell. while the whales themselves have their own way of manipulating prices and amateurs lose profits. However, seeing the situation always turning around and the current price rebound has disturbed many whales. they are confused to enter at the price of $ 31K or just wait for more.

[hd49728]

Is A Short Squeeze Upon Us?

The massive sell-off and continue to sell on the market since May don't solely come from miners. The distributions of bitcoin entities change from weak hands to strong hands and you can see it with changes in wallet cohorts.

Generally those charts show good signal that the bull trend is not over. It will be back after the consolidation.

[pawanjain]

I am not so wealthy but I am still HODLing and buying the dips accumulating as much as I can for I know these fluctuations will never end.
Bitcoin breaks every ATH and I am quite sure that bitcoin will definitely break the current ATH and set a new record.
I don't want to be the one buying at such high prices which is why this is a solid opportunity to buy the dip and then HODL to gain profits at next ATH.

[romero121]

The time period doesn't support me to buy more. So, to meet the expenses I'm selling. Same as me most of the small hodlers seems to be selling, because this is a disaster period for the middle class whereas the elite are enjoying through different forms of investments.

Most of the time market variations affect the middle class in large scale than the large hodlers, because the middle class in terms of small holdings contribute to a massive volume. When the whales manipulate it disturbs them and makes them sell. Now even without pressure majority would've sold due to the pandemic impact.

[ziennakarishma21]

It seems that these are the rules of winners and losers, why do they become rich because experienced investors always have the right investment direction and a cool head, indifferent to before. In the ups and downs of the market they don't panic and when the price gets lower they buy again.

[maisao1991]

in my opinion the new people are the ones who always have a fear mentality and they sell at a low price it's a loss, and the rich people why they get richer because they don't panic and don't buy high sell as low as amateurs new to the market.