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

[agg2702]

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.

things like this must be considered so that we will not be wrong in our actions because most of the panicked and immediately sell it are beginners who are afraid to lose their money because what they think is profit and profit without going through a process like this first.
this kind of thing should need to be emphasized more and it should be for beginners to read more threads like this because this is very helpful for us in drawing conclusions so that later we are not wrong in determining

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[adzino]

We are getting rid of weak hands  . They are new to the market and have never witnessed a crash before. Hence, when they see the price dropping, the start to sell whatever they are holding. While others that has been in the market for a while knows that this is actually a buying opportunity, and hence if they can afford (the wealthy people), they buy even more and keep holding. When the price starts to rise again, those who sold before realizes that they have made a mistake. They then either quite or try again, but this time they don't fall for the price crash trap.

[aoluain]

Well the price has started to move and is approaching the $35,000 mark so all the weak
hands have sold and will now be looking to buy back.

The wealthy have had a good time buying cheap Bitcoin, but have more FIAT to buy
even as the price rises.

Hopefully the weak hands who want to buy back wont be so quick to react to FUD and
end up selling low and buying back at a higher price in the future again.

[BrewMaster]

but the daily trading volume has been very low lately even during the big dump that happened a couple of days ago. in my experience this suggests that those with large amounts of bitcoin and even those with smaller amounts and even the weak hands are no longer falling for the panic sell encouragement and are not selling anymore. the reason for the drop was market manipulation which couldn't even last for more than a day.

[datguyian]

but the daily trading volume has been very low lately even during the big dump that happened a couple of days ago. in my experience this suggests that those with large amounts of bitcoin and even those with smaller amounts and even the weak hands are no longer falling for the panic sell encouragement and are not selling anymore. the reason for the drop was market manipulation which couldn't even last for more than a day.

I would say that the dump was real. Not every dump is about manipulation. Only because psychology is involved permanently doesn't mean it is manipulation. Some tend to overreact while others are really case-hardened. The low trading volume means that neither the bulls nor the bears feel the urge or the motivation to pull the trigger.

[ene1980]

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.

Not sure what research has been done to reach this conclusion and we have to assume that the so called whales are either using one wallet to yet again to accumulate the coins to monitor these investment, if not an exchange has to release these details because they have complete control over their customers, so i would like to know about the research to reach these conclusion.

[WePiggy]

One should not just believe what you read from these so called experts and analysts, or the sentiment from social media. Check out glassnode data and see the figures yourself, when whales are accumulating then you should be too, chances are it is already at the bottom and you don't want to FOMO in at the top!

[carrigan]

It may make sense to happen for the newbies and also the professionals. But, is that true the difference between newbies and wealth? How if the wealth is also a newbie and he is being panicked when the price keeps falling and he sells his Bitcoin in order to minimize the loss because of panic?
We know that maybe not all the wealth will do this thing. But, it also makes sense when they are here only because of the hype of Bitcoin or other cryptocurrencies.

And maybe not all newbies are also doing the same, being panic and selling their BTC when the price drops.
When we have been here for a long time but we still cannot control our strategy, we may also be panic and becomes a newbie that is driven to panic and sell off our assets.

[Shasha80]

That's why it's more profitable to hodl for long term with patience. At some point it seems BTC will test below 20,000$ but market sentiments is changing and taking a turn around. After several test of the 30,000$ region, it shows some. Buying has been done to hold the suport level so strong which is pointing to move upward.

For people who are experienced in the crypto world, they will realize that buying Bitcoin for long-term investments is more profitable. Therefore
many institutions are doing the same thing with holding Bitcoin for the long term, why do we who only have small capital have to panic seeing
the decline in the price of Bitcoin. We should also be patient holding Bitcoin until the Bitcoin price recovers, based on the history of Bitcoin
price movements, no matter how far Bitcoin goes down, it will always go up again more higher.

[dunfida]

That's why it's more profitable to hodl for long term with patience. At some point it seems BTC will test below 20,000$ but market sentiments is changing and taking a turn around. After several test of the 30,000$ region, it shows some. Buying has been done to hold the suport level so strong which is pointing to move upward.

For people who are experienced in the crypto world, they will realize that buying Bitcoin for long-term investments is more profitable. Therefore
many institutions are doing the same thing with holding Bitcoin for the long term, why do we who only have small capital have to panic seeing
the decline in the price of Bitcoin. We should also be patient holding Bitcoin until the Bitcoin price recovers, based on the history of Bitcoin
price movements, no matter how far Bitcoin goes down, it will always go up again more higher.

But not all would really be minding of on holding but rather they do actively trade to see profits in shorter duration.Wealthy people are having that kind of mindset since theyre more experienced

but once those amateurs do really get the idea then thats the time that they would really know on how to play with the market.It do takes time though since capital would be an issue

not all would really be having bigger capitals or money to spent out on investment but doesnt mean that they wont able to make it grow.

[Shasha80]

That's why it's more profitable to hodl for long term with patience. At some point it seems BTC will test below 20,000$ but market sentiments is changing and taking a turn around. After several test of the 30,000$ region, it shows some. Buying has been done to hold the suport level so strong which is pointing to move upward.

For people who are experienced in the crypto world, they will realize that buying Bitcoin for long-term investments is more profitable. Therefore
many institutions are doing the same thing with holding Bitcoin for the long term, why do we who only have small capital have to panic seeing
the decline in the price of Bitcoin. We should also be patient holding Bitcoin until the Bitcoin price recovers, based on the history of Bitcoin
price movements, no matter how far Bitcoin goes down, it will always go up again more higher.

But not all would really be minding of on holding but rather they do actively trade to see profits in shorter duration.Wealthy people are having that kind of mindset since theyre more experienced

but once those amateurs do really get the idea then thats the time that they would really know on how to play with the market.It do takes time though since capital would be an issue

not all would really be having bigger capitals or money to spent out on investment but doesnt mean that they wont able to make it grow.

Some people with good analytical skills, usually often take advantage of the volatile Bitcoin price, they are more daring to make short-term trades
to be able to make a profit. Even though the profit is small, but if done repeatedly the profit collected can be large. In the end it comes back to
each person, not everyone chooses Bitcoin holding, some people are more actively trading. But my advice for beginners is better to just hold Bitcoin,
because usually beginners do not understand how Bitcoin works. It's true that not everyone has big capital, but there's no need to be disappointed,
because with a small capital can also generate large profits. But the process is longer and does require patience.

[stompix]

"Data"
Common, just lol, somebody looked at addresses, and if in some ranges have grown more than addresses with a lower balance they have decided some are whales and some are amateurs.

Simple question, if I consolidate all the dust I have in 7 addresses of under 1BTC and send it to my main address what would it mean?
That seven fishes got eaten by an otter? I say more of that change was because of the drop in fees than the "amateur" selling.
The same thing for bigger addresses, this doesn't mean some investors are buying from "amateurs" it might simply mean that amateurs are buying from exchanges and leaving their coins there, as a real amateur would do!

I used to track those movements two years ago in a topic, more to see how bitcoins are getting spread around, but all the data was all over the place every time.

Just for fun, data from two years ago:
https://archive.ph/dG8re

Balance, BTC   Addresses   % Addresses (Total)   Coins   $USD   % Coins (Total)
(0 - 0.001)   13548209   48.44% (100%)   2,772 BTC   25,325,580 USD   
[0.001 - 0.01)   6746250   24.12% (51.56%)   26,734 BTC   244,200,701 USD   
[0.01 - 0.1)   4863811   17.39% (27.44%)   156,928 BTC   1,433,482,277 USD   

vs

Balance, BTC   Addresses   % Addresses (Total)   Coins   USD   % Coins (Total)
(0 - 0.001)   19553140   51.14% (100%)   3,984 BTC   $153,099,304   
[0.001 - 0.01)   9662294   25.27% (48.86%)   36,767 BTC   $1,412,946,910   
[0.01 - 0.1)   5838288   15.27% (23.59%)   190,132 BTC   $7,306,682,721   

So I see a growth of 1200, 10 000, and 34 000 BTC in the wallets of amateurs. The whales are doomed!!!!

LE.
Fixed some typos!

[leea-1334]

"Data"
Common, just lol, somebody looked at addresses, and if in some ranges have grown more than addresses with a lower balance they have decided some are whales and some are amateurs.

Simple question, if I consolidate all the dust I have in 7 addresses of under 1BTC and send it to my main address what would it mean?
That seven fishes got eaten by an otter? I would be more of that change was because of the drop in fees than the "amateur" selling.
The same thing for bigger addresses, this doesn't mean some investors are buying from "amateurs" it might simply mean that amateurs are being from exchanges and leaving their coins there, as a real amateur would do!

`

Exactly,,, even when I look at my history, it is maybe starting from 1 wallet, then to 5 then today more than 20 all together, and not counting the different addresses I use at different services and exchanges.

Am I suppose to become one big trout or salmon if I combine inputs from wallets? And if I sweep everything to an exchange does the whale eat up all my small fish and this means I sold in fear? Of course not:)

[datguyian]

That's why it's more profitable to hodl for long term with patience. At some point it seems BTC will test below 20,000$ but market sentiments is changing and taking a turn around. After several test of the 30,000$ region, it shows some. Buying has been done to hold the suport level so strong which is pointing to move upward.

For people who are experienced in the crypto world, they will realize that buying Bitcoin for long-term investments is more profitable. Therefore
many institutions are doing the same thing with holding Bitcoin for the long term, why do we who only have small capital have to panic seeing
the decline in the price of Bitcoin. We should also be patient holding Bitcoin until the Bitcoin price recovers, based on the history of Bitcoin
price movements, no matter how far Bitcoin goes down, it will always go up again more higher.

But not all would really be minding of on holding but rather they do actively trade to see profits in shorter duration.Wealthy people are having that kind of mindset since theyre more experienced

but once those amateurs do really get the idea then thats the time that they would really know on how to play with the market.It do takes time though since capital would be an issue

not all would really be having bigger capitals or money to spent out on investment but doesnt mean that they wont able to make it grow.

Some people with good analytical skills, usually often take advantage of the volatile Bitcoin price, they are more daring to make short-term trades
to be able to make a profit. Even though the profit is small, but if done repeatedly the profit collected can be large. In the end it comes back to
each person, not everyone chooses Bitcoin holding, some people are more actively trading. But my advice for beginners is better to just hold Bitcoin,
because usually beginners do not understand how Bitcoin works. It's true that not everyone has big capital, but there's no need to be disappointed,
because with a small capital can also generate large profits. But the process is longer and does require patience.

Short-term trades are tough to do unless you are highly professional and maybe even applying algorithmic high tech. Other than that you usually lose against the market or at least are not able to make considerable profits. See with Amazon now, I want to see the guru whose technical analysis helped him identify the jump to $39k... Those who went short couldn't know rumors about Amazon will be leaked. Your TA doesn't help anything here.

[Poker Player]

-snip

Can someone please merit this post? I'm out.

I think it says the most important thing that has been said in the whole thread.

Another thing is that the conclusion drawn, even if it has a debatable basis, may be right: big investors, people with money who know how to invest, take advantage of panic moments to buy great financial assets for cheap. Conversely, many small, uninformed investors, who invest in Bitcoin or in the latest fancy coin as if they were betting at the casino, panic and sell when faced with this type of downturn.

[AicecreaME]

The whales are usually the ones who really benefit the dips because of panic selling of the newbies. Hence, it's really essential to study first before diving into cryptocurrency. Otherwise, you'll just end up losing. The ones who will savor the victory will be the whales, who are just waiting for the right time to go shopping spree on all time low value of the coins they see potential on.

The whales have a nice strategy of controlling and manipulating the market flow. That is why when they decide to make a move, the faint-hearted are often the ones who lose the game. Those who are easily shaken with sudden price movements that think it will take a very long time for the coin's value to bounce back again are at the losing end. The moment you decide to sell your coins with lesser value than the value you originally purchased it on, it's a defeat on your side. Newbies must know the history, basics, and fundamentals before entering crypto world. Technical and data analysis knowledge is a must. Relying on some random advices will get you nowhere. You are responsible for your own money, so do your duty and make it grow.

[randegibran]

I think this is what always makes.investors lose a lot.of bitcoin by the way they are too early to release it.on the stock.market, this is what makes.rich people experience significant.profits so that it.makes us.like.businessmen who are losers.and are too.afraid to do business so.things it.is very easy to grab by those who have a fighter mentality.in the business world, especially the crypto world dunia

[nelson4lov]

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.

That's a key difference and real reason why the rich will only keep getting richer. I was actively checking the market sentiment during the time that the market wasn't doing so well and it was either at "fear" or extreme "fear". And from what I know, the best time to buy anything is to buy when people are afraid and scared only to sell when everyone has hopped in and are excited - Knowing this, I kept adding to my BTC stash from time to time over the course of the dip and so far, it has paid off a bit ~ 10%+ with more coming soon.

[Shasha80]

For people who are experienced in the crypto world, they will realize that buying Bitcoin for long-term investments is more profitable. Therefore
many institutions are doing the same thing with holding Bitcoin for the long term, why do we who only have small capital have to panic seeing
the decline in the price of Bitcoin. We should also be patient holding Bitcoin until the Bitcoin price recovers, based on the history of Bitcoin
price movements, no matter how far Bitcoin goes down, it will always go up again more higher.

But not all would really be minding of on holding but rather they do actively trade to see profits in shorter duration.Wealthy people are having that kind of mindset since theyre more experienced

but once those amateurs do really get the idea then thats the time that they would really know on how to play with the market.It do takes time though since capital would be an issue

not all would really be having bigger capitals or money to spent out on investment but doesnt mean that they wont able to make it grow.

Some people with good analytical skills, usually often take advantage of the volatile Bitcoin price, they are more daring to make short-term trades
to be able to make a profit. Even though the profit is small, but if done repeatedly the profit collected can be large. In the end it comes back to
each person, not everyone chooses Bitcoin holding, some people are more actively trading. But my advice for beginners is better to just hold Bitcoin,
because usually beginners do not understand how Bitcoin works. It's true that not everyone has big capital, but there's no need to be disappointed,
because with a small capital can also generate large profits. But the process is longer and does require patience.

Short-term trades are tough to do unless you are highly professional and maybe even applying algorithmic high tech. Other than that you usually lose against the market or at least are not able to make considerable profits. See with Amazon now, I want to see the guru whose technical analysis helped him identify the jump to $39k... Those who went short couldn't know rumors about Amazon will be leaked. Your TA doesn't help anything here.

I admit that it is not easy to make short-term trades, so not many people have managed to get big profits through short-term trades. Knowing this
I also prefer holding Bitcoin for now, because I realize my analytical skills are not very good and it is also true that technical analysis does not
guarantee to be able to generate profits. Then another factor is needed to be able to successfully make a profit in short-term trades.
In conclusion, everyone is free to do what they think is effective in generating profit, but we must remember that every choice we make has its risks,
we must be prepared with all the risks that we will face. Because from the start, entering the crypto world was risky.

[Tina H]

If you can understand human psychology, you can understand the market. The market uses people's psychology to cause people's emotions. Generally speaking, investment is based on speculation. Beginners will only invest a part of their monthly salary. For them, they will always focus on market conditions, while whales will not. Whales will use beginners because they are more experienced and more experienced. Have a mindset.