When Turtles Sell, Whales Acquire

[ImThour]

Good Afternoon Peeps,

I know the market is red, but I just want to show you one image that will make you feel good or even smile.

When Turtles Sell, Whales Acquire.


Have a good weekend ahead, always believe. 

[The Cryptovator]

The picture is true, when crypto holders like us become panic then it's become an opportunity for whales. That's the game of cryptocurrency. And that's how small-holders or traders lose their funds. To be honest, we can't prevent that, a fair works in our mind when we see the red market. Then we just think about how we out from the market. We lose patience to hold for a long time. Whales just take the advantage of this panic sell. Because when you are selling someone else buying on the other hand.

[ImThour]

The picture is true, when crypto holders like us become panic then it's become an opportunity for whales. That's the game of cryptocurrency. And that's how small-holders or traders lose their funds. To be honest, we can't prevent that, a fair works in our mind when we see the red market. Then we just think about how we out from the market. We lose patience to hold for a long time. Whales just take the advantage of this panic sell. Because when you are selling someone else buying on the other hand.

True.

Newbies sell at support, buy at resistance.
Pros buy at support, sell at resistance.

[Ararbermas]

Good Afternoon Peeps,

I know the market is red, but I just want to show you one image that will make you feel good or even smile.

When Turtles Sell, Whales Acquire.


Have a good weekend ahead, always believe.  

whales is playing weak hands and all those people who have fear when it comes holding reason there's still a bunch of people that still frustrated because of that reason .. Lol   now i know why it's always recommended to follow the smart money when it comes trading because that's only way how to recognize whales that keep playing in the market wherein common causes why a lot of people keep losing money.  

[Little Mouse]

No, it's better if you say, "When traders sell, Legends buy."
Source- https://twitter.com/PolkaDotMooN/status/1416947976090447874?t=Std4mNrO56rDSMU_gEBbBA&s=19

[Coin_trader]

The picture is true, when crypto holders like us become panic then it's become an opportunity for whales. That's the game of cryptocurrency. And that's how small-holders or traders lose their funds. To be honest, we can't prevent that, a fair works in our mind when we see the red market. Then we just think about how we out from the market. We lose patience to hold for a long time. Whales just take the advantage of this panic sell. Because when you are selling someone else buying on the other hand.

True.

Newbies sell at support, buy at resistance.
Pros buy at support, sell at resistance.

They are the sacrifices for professional traders to make some profit. This is circle of money of trading and I don't blame them on selling but rather love them so that we can grab some more tokens on cheap price. Weak hands will always lose in the long run while strong hands has proven to have huge profit in the long run.

I'm happy to say that I'm a turtle investor with strong shell house.

[Lucius]

There is an old saying attributed to Baron Rothschild dating back to the 18th century that says "the time to buy is when there's blood in the streets." That was true then, and nothing has changed today - and those who follow that philosophy are the ones who ultimately benefit the most.

The problem for ordinary people who invest (mostly) the money they need sooner or later is that they cannot take advantage of long-term investment, which has proven to be the best strategy when it comes to Bitcoin. I'm not just talking about those who are early investors, but also about those who invested 3 or 4 years ago when the price of BTC was even below $5000.

People who see the bigger picture, have the courage, knowledge and some money on the side can hope for something - others are hunting for their shadow and will never succeed.

[Fesatmas]

The picture is true, when crypto holders like us become panic then it's become an opportunity for whales. That's the game of cryptocurrency. And that's how small-holders or traders lose their funds. To be honest, we can't prevent that, a fair works in our mind when we see the red market. Then we just think about how we out from the market. We lose patience to hold for a long time. Whales just take the advantage of this panic sell. Because when you are selling someone else buying on the other hand.

I synchronized the title, while we were asleep that's when the whale woke up and made a big tidal wave. Whales are like psychologists, who easily play with our minds without us realizing it has made them fatter and fuller. So, this cycle will still continue to make them fat if we can't control the panic, especially when a beginner doesn't know that behind the tides, there is a whale rising to the surface.

[SquirrelJulietGarden]

"Being fearful when others are greedy and being greedy when others are fearful"

I believe all people in market knows it but they can not follow and practice the advice and this approach. They let the market control their emotion and psychology which in turn causes them to make bad decisions in bad days of market.

Bad days of market which are actually and should be considered as good opportunities for wise investors, in reality are terrible days for undisciplined and inexperienced people.

Whales are better than retail investors in this aspect and consequently, after each terrible day of market, they get richer.

[Slow death]

the people who bought in the $60,000 also thought that the price was low and that it would reach 100k and where are they today? the price dropped to $46000

people came back with the same old comedy: as long as you don't sell bitcoin, the person is not at a loss, when in fact it's not quite like that

When an investment is made, each person has a deadline that wants to profit and spend, this philosophy of hodl until you get old is what is causing many people to lose money and patience

[tvplus006]

Whales have more information and can more accurately determine to what level the price will decrease and, if necessary, they can push it even harder. It remains for us to follow our strategy, selling only if the price has fallen below the support level, in order to buy back at a lower price.

[Husires]

What you describe is a form of value investing (click on wiki source for more.)

before you master it you should distinguish the difference between emotional selling from justified selling?

There are many cases that represent a golden opportunity, such as Greece defaulting (https://en.wikipedia.org/wiki/Greek_government-debt_crisis) on its debts or the death of the founder of a company with economic power, but sometimes selling out of panic is a wise act, for example, selling Enron shares when Jeffrey Skilling resigned.

Enron shareholders filed a $40 billion lawsuit after the company's stock price, which achieved a high of US$90.75 per share in mid-2000, plummeted to less than $1 by the end of November 2001. ... The deal failed, and on December 2, 2001, Enron filed for bankruptcy under Chapter 11 of the United States Bankruptcy Code.

source: https://en.wikipedia.org/wiki/Enron_scandal


BTC 8 June Dump:
you must determine the bottom accurately, for example, many people bought bitcoin when the price fell to 45k from 55k, but after a while the price fell again below 30k.

[24Kt]

I agree, the sad but true meaning behind the idea of the image. The panic selling is the main issue why newbie traders aka turtles keep selling and the whales keep accumulating altcoins from cheap hands. The idea is to buy low sell high or sell high buy low no matter what fundamental/technical/sentimental analysis shows us. Just my 2 cents.

That very simple trading strategy is unfortunately hard to follow for most, especially if you are in panic mode. One way to avoid this is to buy valuable coins so you know that even if people are selling, the coin that you are holding will not be wiped out in the market. It may go down but once the market is recovering, it will go up again. But if you happen to purchase a pump and dump coin, that would be a disaster. Because once they go down, they will not go up again as more than likely, their devs already abandon the project.

[stomachgrowls]

Good Afternoon Peeps,

I know the market is red, but I just want to show you one image that will make you feel good or even smile.

When Turtles Sell, Whales Acquire.


Have a good weekend ahead, always believe. 

Its always been like this but people doesnt realize off things and would just start out to make some u-turn when the market is mooning again on which means that they hadnt able to utilize those times on
which it is still really cheap and peoples mindset do changes off directly when they do see greens but on the time they are seeing reds in market then this is something that cant really be avoided
since we are just humans on were we do easily get affected specially into those people who are really impulsive when it comes to emotions.

Whales would really be having those different approach and mindset whenever the market is on deep reds.They are financially capabled and they do know on when to get in.

[stadus]

That's real in the crypto world, something that newbies wouldn't understand. As they panic, the whales are willing to buy what they dumped, and whales even help to cause more panic so they'll buy cheaper bitcoin which later the weak hands will rebuy when the bull run starts.

Whales and weak hands have an opposite mentality, whales buy the dip and sell the peak, while the weak hands are doing the complete opposite.

[Desmong]

The market is full of different participants which includes the whales, sharks, dophins, turtles etc which depends on the size of individual assets in the market. Some traders or Investors whole assets might just be worth of $100 while some may be $1000, $10000, $100000, 1000000000 etc. When the market goes bearish the participants with smaller assets always tend to sell because of fear of losing the value of their assets for a long period of time.

[passwordnow]

Whales have been consistent and know what to do in times like this. While the turtles including me, there's always a lot of new comers or newbies that have no idea what they're doing.
They result in selling at the low price due to panic and thinking about it emotional because it seems not going to work for them anymore. And they tend to think that it's the end of the market and it will go to zero.

[Wexnident]

Well because whales have more financial capability to actually invest and take advantage of every opportunity possible, even if the risks are the same with others. "They have the money anyway, why wouldn't they spend it?" Kind of mentality. And with that greater financial capability, the profits they could gain would be far more than your average trader. After all, it is pretty hard for low income traders to actually see their own money, even if they considered it as something they can lose, gradually drop down to less than before they invested it in.

[andriarto]

whales have knowledge and capital. By saving as much capital as possible, they can accommodate the sale of turtles, because they feel they can no longer hold them. by getting a lot of coins, and the price goes up again the whales make a profit according to their plan, and the turtles are disappointed because they have sold it. This cycle goes on and on

[traderethereum]

I am sure the whales will have more compared to most traders and the whales can prevent something that they do not expect.
The thing that most traders should prevent is how to avoid panic when the price is not moving in the direction that they want instead of still trying to figure out what is happening to the market.
If we can calm down, not panic, and still follow the market carefully, you will have a chance to see the benefit you can take from the current situation.
But I have a joke with some of my friends, buy at a high, sell at a low