Altcoin whales

[TheUltraElite]

Exactly the highest holder take it all as most of the whales control the direction of the market since there are big bag holders of the coins, I always take Elon Musk for example if he decides to sell off his dog coin the market will feel the impact of that movement.

Dog coin LMAO, at least give it the credit of its proper name of Doge coin.

Nonetheless following a millionaire can cost you money if you don't know how to manage your emotions. These people know how to manipulate the crowd of followers. Don't be one of those.

In case you ever feel lost, focus on charts more than what people are saying. Buy low and sell high. Don't wait for better prices unless you are doing bitcoin. Several people are being drawn away from profits because they madly follow such celebs only feeding their own ambitions but losing their money.

[the ghabbar]

A lot of us are confused about the whales behind the altcoin blockchain, for the fact that the ethereum blockchain brought with it the ability for any programmer to make change to the blockchain which has given birth to several developments and new coins, tokens creation so the question is who are the whales behind the altcoin market development.

In fact, what I see is that big whales don't really contribute much to altcoins, because these kinds of coins have a more volatile level of risk, usually whales prefer to bet on coins that have fundamentals and utility, such as bitcoin, ethereum or BNB, so far only small whales who often play on altcoins, so it is very difficult to know which whale is involved in altcoins, but it could be that this whale is a representation of the bitcoin whale

[molsewid]

We should know how to stop following influencers nowadays and learn to make decision based on our own understanding and improve ourselves to analyze the market more. Know that influencers are sometime paid and some celebrities are doing it for their own benefits. I learn to focus on coins that I somewhat study, I do read tweets and join in some telegram groups but only to read which coins now are trending, it will be better to know whether it already get popularity or will just start to have then study it. Whales will always be there ao we just need to focus on ourselves how we can still gain profit despite the volatility.

You're absolutely right mate sometimes or most of the times influencers are making video contents on that specific altcoins because they are paid to do that and that's one of the marketing strategy of a new project. We must learn to conduct our own research about the new project and learn to assess and differentiate different projects so we may find the perfect one that would be worth it for our investment. I don't have much idea who's the altcoin whales but one thing for sure the founder of top altcoins like ethereum and bnb are whales too.

[Tony116]

Nonetheless following a millionaire can cost you money if you don't know how to manage your emotions. These people know how to manipulate the crowd of followers. Don't be on of those.

In case you ever feel lost, focus on charts more than what people are saying. Buy low and sell high. Don't wait for better prices unless you are doing bitcoin. Several people are being drawn away from profits because they madly follow such celebs only feeding their own ambitions but losing their money.

We should know how to stop following influencers nowadays and learn to make decision based on our own understanding and improve ourselves to analyze the market more. Know that influencers are sometime paid and some celebrities are doing it for their own benefits. I learn to focus on coins that I somewhat study, I do read tweets and join in some telegram groups but only to read which coins now are trending, it will be better to know whether it already get popularity or will just start to have then study it. Whales will always be there ao we just need to focus on ourselves how we can still gain profit despite the volatility.

Following influencers is also a good way to keep an eye on market movements, Influencers or whales will often be the pioneers in shaping new trends for the market, so following them is the fastest way to stay informed. But we should not put our trust and money in their words or tweets. Always cultivate knowledge and DYOR before investing, the only way to survive in the market is to swim with the sharks but decide for yourself not to listen to anyone.

[Raflesia]

Following influencers is also a good way to keep an eye on market movements, Influencers or whales will often be the pioneers in shaping new trends for the market, so following them is the fastest way to stay informed. But we should not put our trust and money in their words or tweets. Always cultivate knowledge and DYOR before investing, the only way to survive in the market is to swim with the sharks but decide for yourself not to listen to anyone.

Sometimes they always follow influencers wrongly due to fomo or they are just too much on the influencers they follow, for me it's only limited to looking at trends that are happening in the market and other influencers are always trying to make good or bad opinions, we can only conclude here Which investment is a good one in our opinion, not the influencer that we see, and always invest in research so that what we do is really true for us to do it.

[Anonymous100]

A lot of us are confused about the whales behind the altcoin blockchain, for the fact that the ethereum blockchain brought with it the ability for any programmer to make change to the blockchain which has given birth to several developments and new coins, tokens creation so the question is who are the whales behind the altcoin market development.

Everyone can develop Altcoins through multiple blockchains. Ethereum, BSC, Polygon and others are alternative routes for Altcoins.
Maybe the whale for Ethereum is Vitalix, and BSC is C_Z. However, they don't support all the Altcoins that are developed, they don't even want to know about these Altcoins. However, there are many world billionaires who support each project that is developed. They have sufficient capital in developing new platforms and promoting them.

[TheClownSong]

A lot of us are confused about the whales behind the altcoin blockchain, for the fact that the ethereum blockchain brought with it the ability for any programmer to make change to the blockchain which has given birth to several developments and new coins, tokens creation so the question is who are the whales behind the altcoin market development.

Everyone can develop Altcoins through multiple blockchains. Ethereum, BSC, Polygon and others are alternative routes for Altcoins.
Maybe the whale for Ethereum is Vitalix, and BSC is C_Z. However, they don't support all the Altcoins that are developed, they don't even want to know about these Altcoins. However, there are many world billionaires who support each project that is developed. They have sufficient capital in developing new platforms and promoting them.

never knew and was involved in any altcoin project unless he was made an advisor on one project. altcoin have their own developtment team and only use smart contract that developted by vilatalik and cz. altcoin whales depend on investors that back up or be angle investor,usually they see great potency in future when decided buying in large amount.

[Odusko]

A lot of us are confused about the whales behind the altcoin blockchain, for the fact that the ethereum blockchain brought with it the ability for any programmer to make change to the blockchain which has given birth to several developments and new coins, tokens creation so the question is who are the whales behind the altcoin market development.

In fact, what I see is that big whales don't really contribute much to altcoins, because these kinds of coins have a more volatile level of risk, usually whales prefer to bet on coins that have fundamentals and utility, such as bitcoin, ethereum or BNB, so far only small whales who often play on altcoins, so it is very difficult to know which whale is involved in altcoins, but it could be that this whale is a representation of the bitcoin whale

I don't believe whales are present at every point of the market stage and don't ever make the mistake. of thinking whales are not active in altcoin whales are more active in altcoin than any other market since their can have total control in a coin base and this large share gives them. some level of power to control general feelings. of the market.

[Kelvinid]

Following influencers is also a good way to keep an eye on market movements, Influencers or whales will often be the pioneers in shaping new trends for the market, so following them is the fastest way to stay informed. But we should not put our trust and money in their words or tweets. Always cultivate knowledge and DYOR before investing, the only way to survive in the market is to swim with the sharks but decide for yourself not to listen to anyone.

Sometimes they always follow influencers wrongly due to fomo or they are just too much on the influencers they follow, for me it's only limited to looking at trends that are happening in the market and other influencers are always trying to make good or bad opinions, we can only conclude here Which investment is a good one in our opinion, not the influencer that we see, and always invest in research so that what we do is really true for us to do it.

Influencers can obviously hype the market as many people believe them. That is why some developers will hire these people just the seek market exposure and gain attraction. It was different from how these whales take action in the market, they simply just buy huge amounts and sell for themselves, doing the cycle again until the price moves high.

https://decrypt.co/78416/who-are-bitcoin-whales-how-do-they-trade

If we can predict how these whales move, we could really make money but unfortunately, we didn't make it, the majority had lost.

[sayaya17]

Following influencers is also a good way to keep an eye on market movements, Influencers or whales will often be the pioneers in shaping new trends for the market, so following them is the fastest way to stay informed. But we should not put our trust and money in their words or tweets. Always cultivate knowledge and DYOR before investing, the only way to survive in the market is to swim with the sharks but decide for yourself not to listen to anyone.

Sometimes they always follow influencers wrongly due to fomo or they are just too much on the influencers they follow, for me it's only limited to looking at trends that are happening in the market and other influencers are always trying to make good or bad opinions, we can only conclude here Which investment is a good one in our opinion, not the influencer that we see, and always invest in research so that what we do is really true for us to do it.

It is true that we must believe in the results of our own research and analysis and not be influenced by what influencers say. Because most
influencers just want to manipulate, so that he can make a profit. Therefore, it is very risky when we invest in new projects that are recommended
by influencers, because we don't know the projects well. As I've said many times, never invest in something we don't know about. It only makes us
wrong in making decisions.

That's why I always recommend investing in popular coins, usually when the price drops we don't need to panic, and do not need to do a cut-loss.
Because popular coins usually can always be recovered, although the price has fallen quite deep. In contrast to new projects promoted by influencers,
if the project price falls and we buy at the peak price, we will be stuck in the coins for a long time. Unless we are experienced and have good
analytical skills, we can try to make a profit by investing in new projects.

[Amjado711]

Whale is a person with a lot of money who can pump a project, and this work now is used to hype people by saying that whales are coming in soon

[Davian144]

I don't believe whales are present at every point of the market stage and don't ever make the mistake. of thinking whales are not active in altcoin whales are more active in altcoin than any other market since their can have total control in a coin base and this large share gives them. some level of power to control general feelings. of the market.

Basically, whales also don't tell anyone when they want to attend a place or product, so this is a very difficult thing to explain because they never give anyone any information about it.
So it's better to stick with good coins and altcoins that are becoming popular in the market because it's much better than seeing where the whales come and go.

[Xal0lex]

Unless we are experienced and have good analytical skills, we can try to make a profit by investing in new projects.

This also requires experience and analytical skills. There are a huge number of new projects coming out, especially in periods of hype. Are you suggesting that you invest in everything just because it is a new project? New projects are even more dangerous than what famous people advertise. Because celebrities advertise already promoted projects which have a capitalization, and new projects often have nothing besides a smart contract address and a website.

It does not take much money to invest in new projects, for example. Because even an investment of $300 can easily turn into $30,000 in a few months, but to find such a project, you will need to study a lot and identify exactly the worthwhile product.

I once read a strategy of beginner, he was planning to find new projects and invest $100 for each, hoping that some project will exactly catch a haip and bring him x1000, covering remaining losses. In the end he didn't find any such project and invested his money in a pile of garbage.

[Odusko]

A whale is a person with a lot of money who can pump a project, and this work now is used to hype people by saying that whales are coming in soon

You are not far from the fact whales are those who hold a high percentage share of a token and that can make drastic changes in the token market condition but it is more important to. know that most whales are not interested in the day-to-day trading of tokens but are steel hands holders of such tokens and are willing to hold them for a long-term basis. Whichever way we put a whale is just a whale but their attitudes differ.

[TheUltraElite]

We should know how to stop following influencers nowadays and learn to make decision based on our own understanding and improve ourselves to analyze the market more. Know that influencers are sometime paid and some celebrities are doing it for their own benefits.

You and I know that influencers are mostly paid and they are doing this as their job. But newbies don't get that and they aspire for the celeb life when they are actually poor. This leads to a lot of newbies going to them for advice and asking to get manipulated.

I can understand that newbies need guidance and because everything is free and unregulated in the internet they come across such sources. The best way to prevent such mishaps is to learn reading charts yourself first before reading tweets and all.

Or you can just go against the normal - just sell when they buy and you can see the profit coming in.

[makishart]

Vitalik and CZ both develop a crypto project for the masses, their cases are different from whales that are 100% investors, they contribute and develop something but what about whales that buy a huge amounts of tokens only?.

Vitalik and CZ were not the whales who are always trying to create dump and pump market. Those guys are different than those whales who only care about how they can make money as much as they can. i think that vitalik and cz were different example about that.
The whales have nothing to do with the big names like vitalik and cz, whales may invested in the project managed by those guys but whales have no relationship with them

[aprilnot]

A lot of us are confused about the whales behind the altcoin blockchain, for the fact that the ethereum blockchain brought with it the ability for any programmer to make change to the blockchain which has given birth to several developments and new coins, tokens creation so the question is who are the whales behind the altcoin market development.

Changpeng Zhao also known as CZ, is the pope behind all altcoins. CZ with the exchange he owns (binance) plays an important role in controlling the altcoin situation. Just imagine that every altcoin listed on Binance will experience a pump and the delisted altcoin will fall in price. binance has a huge impact on the altcoin market today. that's why he is the important person behind altcoins

[RussianEnglishTranslation]

A lot of us are confused about the whales behind the altcoin blockchain, for the fact that the ethereum blockchain brought with it the ability for any programmer to make change to the blockchain which has given birth to several developments and new coins, tokens creation so the question is who are the whales behind the altcoin market development.

The issue is that the whales often control the exchanges themselves, can see your trades and bet against you, and trade 100x on their exchange the real amount of deposits. Until these exchanges are regulated, prices will be in limbo. The best thing you can do to avoid this is to farm stablecoins or to buy and stake a crypto with high staking rewards, like the internet computer, and wait for real world utility/adoption to kick in.

[vanesha]

They will not be easily detected, here we are transacting with a wallet code without the identity of the sender or recipient. But I'm sure, all these people are not just one person or more believe that they are all of us who invest in altcoins. Although only a few people invest with great value, but small value with many people will be a lot too. But, if that's what they say the pope is, it's pointing to a big investor with big influence in every action.

[Fesatmas]

A whale is a person with a lot of money who can pump a project, and this work now is used to hype people by saying that whales are coming in soon

You are not far from the fact whales are those who hold a high percentage share of a token and that can make drastic changes in the token market condition but it is more important to. know that most whales are not interested in the day-to-day trading of tokens but are steel hands holders of such tokens and are willing to hold them for a long-term basis. Whichever way we put a whale is just a whale but their attitudes differ.

But that's the reality I see, especially on obvious projects. It's just that the problem is that some people take advantage of it so that let's say small investors come in to invest. The real problem is that they enter without doing in-depth research and analysis so that they fall into something that is detrimental to them. There's nothing wrong with the pope's words how we respond to them.