Why We People Cannot Think Like Whales 🐋 🐳?

[goldkingcoiner]

First of all many members will roast me and will say that where you got such idea, why are you bluffing but this is Bitcoin discussion, so I thought that I should share something.

1) Many Of Small traders always got into the Trap of Whales? Why?

2) There are Always Ponzi Schemes in All Bull runs like 2027 was ICO big Scam
And Now BIG crypto projects Got scammed in 2022 like Terra Luna, FTX, Solana, Serum etc. They are not just coincidence. These are preplanned Scams. And that. Sucks.
3) I think that Big Exchanges that are centralized are Big whales cause they know how much volume they have and how many longs and also Shorts. In this way they can Scam with many many wats. And also that is a small reason that we cannot outsmart Whales 🐋🐳.

I believe the biggest issue is that for the whales, this is all just a game they are playing. They have more than enough money set aside, even if they were to lose all their trading funds.

So losing money is not as nerve-wracking as it is for people who do not have so much money. For me, 1 dollar is not a lot of money. But for people who live in third world countries, 1 dollar is a lot of money that they might cry over losing.

Using fear tactics, the rich whales are just playing us out of our money by creating fear-scenarios.

Thats why people say to hodl your coins. Do not let yourself be psychologically influenced into selling your coins for cheapt to the whales. That is what they are hoping for!

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[Plaguedeath]

Because poor people or middle class people has limited money unlike whales who have large sum money. This mean they have nothing to lose if they want to invest in Bitcoin, even though they suffer huge losses due to Bitcoin, but their business, real estate and etc are keep making profit which can cover their losses. So they can invest freely without need to think to withdraw their money when crisis happen. This make whales are long term holders and wouldn't sell their coins in loss.

[adzino]

First of all many members will roast me and will say that where you got such idea, why are you bluffing but this is Bitcoin discussion, so I thought that I should share something.
1) Many Of Small traders always got into the Trap of Whales? Why?
2) There are Always Ponzi Schemes in All Bull runs like 2027 was ICO big Scam
And Now BIG crypto projects Got scammed in 2022 like Terra Luna, FTX, Solana, Serum etc. They are not just coincidence. These are preplanned Scams. And that. Sucks.
3) I think that Big Exchanges that are centralized are Big whales cause they know how much volume they have and how many longs and also Shorts. In this way they can Scam with many many wats. And also that is a small reason that we cannot outsmart Whales 🐋🐳.

1. What trap of the whales? The whales don't place any traps. They just trade and make their profit.

2. You mean 2017? ICO's weren't a ponzie scheme but there lots of projects that were scamming people by dumping their tokens after investors invested in those projects. FTX isn't a project. It is an exchange that recently collapsed. Solana isn't a scam coin. It is just suffering because of FTX. Google and learn more.

3. Exchange don't mess around with user funds. I mean FTX did and see the consequences. And why would exchanges want to risk their reputation if they can already make millions from exchange fees?

[Thuy Anh]

Any ordinary person can become rich. "Salary can only make you live safely. If you want to become a real rich man, you must invest yourself in the unpredictable market."
The most important reason for rich people to get rich is "the income is greater than the expenditure for a long time".

[landheer]

actually traders will not suffer losses as long as we trade or invest in bitcoin. and what causes us to experience losses is our own fault because we choose to invest in altcoins. try if we invest in bitcoin, of course the risk is not too big. and actually it's not the pope that's wrong but us who don't think enough. and always make mistakes in investing.
for example like this:
 if whales sell bitcoins or altcoins in large quantities, we as investors or traders should not sell them even though the price of bitcoins or altcoins has fallen. so if we join in selling let alone sold at a price that is not in accordance with what we want it is tantamount to giving profit to the pope.
try if we are strong enough to hold back, of course it will be difficult for the whale to buy again when he has finished selling. because we can hold on.

[Antonas1]

1) Many Of Small traders always got into the Trap of Whales? Why?

I don't think users with huge amounts of Bitcoin (you call them Whales) play Bitcoin price with theirs; it's too risky. But they announce their investment amount and then make statements in the media to control people's minds. So actually those people are stuck with their own thoughts, with their speculations, and with the graphic analysis they make.

2) There are Always Ponzi Schemes in All Bull runs like 2027 was ICO big Scam
And Now BIG crypto projects Got scammed in 2022 like Terra Luna, FTX, Solana, Serum etc. They are not just coincidence. These are preplanned Scams. And that. Sucks.

As long as you're not involved in it, no need to worry. Just try to not keep all your coins on a centralized platform. Not your key, not your coins.

3) I think that Big Exchanges that are centralized are Big whales cause they know how much volume they have and how many longs and also Shorts. In this way they can Scam with many many wats. And also that is a small reason that we cannot outsmart Whales 🐋🐳.

You don't need to trick them, just follow the price movement.

[Lucius]

First of all many members will roast me and will say that where you got such idea, why are you bluffing but this is Bitcoin discussion, so I thought that I should share something.

You still think that someone will roast you because you write something on this forum, so this is not an inquisition council or something similar

1) Many Of Small traders always got into the Trap of Whales? Why?

Big fish eat small fish, one of the simplest laws of nature - why killer whales are not prey but predators? Because they are larger than most fish in the ocean, they have greater intelligence and a tendency to hunt and not be caught. Small traders are like a flock of fish fighting a killer whale in the open ocean, they have almost no chance to survive.

2) There are Always Ponzi Schemes in All Bull runs like 2027 was ICO big Scam

Do you foresee any new ICO scam in 2027?
 

3) I think that Big Exchanges that are centralized are Big whales cause they know how much volume they have and how many longs and also Shorts. In this way they can Scam with many many wats. And also that is a small reason that we cannot outsmart Whales 🐋🐳.

I don't know if you are worse in your thinking or creating alt accounts, but if you continue on the same path, someone will surely roast you

[Bazzu]

actually in investing in bitcoin and crypto. we don't think too much about whales, but we have to look at their struggles, namely why they are so successful that they can generate large profits, so actually whales or not, in my opinion, doesn't matter. because they can become popes because of their good mindset. because of course before they became popes they also worked hard, were patient and of course held back their emotions. so for us to move forward, try to think like the Pope. for we too can be popes if we have good thoughts.

[rat03gopoh]

It means according to you that more money makes whole whale than Why SBF that has Biggest perpetual Exchange FTX that got Down in matter of days, he become Billionaire to Zero and Now he is Hiding.
My point was that There are some influentials like Big Exchanges and also some big Companies that we do not know are  doing this. Always money is not case.
My point is that they know our secrets and also our mistakes.

Whales manage their own money, SBF doesn't. Whales wouldn't think they had to resort to dirty means to increase wealth. SBF so. The SBF doesn't use the true whale's way of thinking. My assessment, he is'nt a whale, he's an astute backstage performer.

Just roasting you a bit, your way of thinking is really messed up.

[Accardo]

No need calling projects like centralized exchanges that became Whales through traders and users funds, they're not whales to me, but services that operate without any coin. Exchanges don't have coin rather, traders coins is used to operate these platforms. On the other hand, the early birds that got into bitcoin as developers or strictly investors when Satoshi was around, have studied the market and mastered their foot steps toward the bitcoin market. It'll be ridiculous to think like whales that have sat on your chair who have 10 years of experience in bitcoin. That's why is better to learn or study the market to know how these rich investors think. Most of them don't make use of exchanges, buying is their only secret.

[drwhobox]

There is no doubt that some of the actions of centralized services may affect the price of the General stock market including Bitcoin, but to say that the whales control the trends the market follows may be a false claim in some situations unless centralized coins and exchanges are constantly manipulated by the whales who control the network. Bitcoin is not one of the centralized markets that the whales can control.

2017 was a year for many ICO and people jumped there to make quick money out of that some people including me make huge profits out of these. Many of us took the advantage of early involvement and many of us lost our money in it.

[AbuBhakar]

actually in investing in bitcoin and crypto. we don't think too much about whales, but we have to look at their struggles, namely why they are so successful that they can generate large profits, so actually whales or not, in my opinion, doesn't matter. because they can become popes because of their good mindset. because of course before they became popes they also worked hard, were patient and of course held back their emotions. so for us to move forward, try to think like the Pope. for we too can be popes if we have good thoughts.

It comes through experience, experience still the best teacher when we been thru alot we will realize how we can discover that there are still something more we can learn that somehow can help us to create strategies as well to determine what will be suited on us best in decision making. While others create shortcuts to success, whales built their ways to make one.

[Yatsan]

Difference with capitals would make difference with ibvestors' tactics on how would they handle price movements. Whales could really make a 'wave' with their move while small investors won't which simply makes sense why they are hesitant with entry and exit points.

actually in investing in bitcoin and crypto. we don't think too much about whales, but we have to look at their struggles, namely why they are so successful that they can generate large profits, so actually whales or not, in my opinion, doesn't matter. because they can become popes because of their good mindset. because of course before they became popes they also worked hard, were patient and of course held back their emotions. so for us to move forward, try to think like the Pope. for we too can be popes if we have good thoughts.

On my end I am taking advantage of whale movements; such that if they'd create a pump in the market, best thing is to ride with the tide in order to generate profit. More of initiator and follower relationship. But any strategy would be okay as long as it works for your investment routines.But risks would be on the followers because assumed 'signals' could change from time to time as this market is volatile in nature.

[buwaytress]

Exchanges don't even need to trade any more once they get big enough like Binance. Fees and commissions from volume alone, that's big money, risk free, since it's all charged against deposits, and liquidity.

The trick is for them to encourage users to increase their activity, since fees+commissions are all per tx. Imagine a guy turning over his capital just 10x a day (possible with those leverage scalpers).

The question for you from me, and the answer's not important: when did you get bit?

[Darker45]

Small traders are easily trapped by whales because they're small traders. Their positions cannot significantly affect the market. Whether they buy or sell, the market won't react much. And they're easily liquidated, too. That's different with whales who's got thousands of Bitcoin. The most that a small trader could do is to ride the whales, although this is very difficult to do since they don't even have clues as to what the whales would do next. So, they end up relying on luck most of the time. That's why trading is often stressful and HODLing has become a better option.

[bitzizzix]

What you say is not as easy as you say, the pope and us have many differences, especially in terms of capital or money and also ingenuity.

Whales often manipulate the crypto market in very easy ways, and most of them work with many crypto influencers to make the manipulation more profitable. And social media is one of the biggest tools for spreading it.
and what they do is inject huge amounts of money into crypto. and when the price moves, influencers publish more on social media thereby getting more people to buy.
and the more people buy, the higher price they get. And when they are satisfied with their profits, they sell the amount they want and cash out their profits.

[electronicash]

before CZ tweeted to sell his load of FTX, he already saw an enormous stash of FTX meant to be dumped in binance. that's a big whale speaking and he saw a whale also wants to poop on binance users. basically, both of whales just bumped to each other. it just happen that CZ initially sees what this whale is about to do.

you can  put yourself in their shoe and think like them. you however can't see it in real time unlike the whales who owns an exchange.  

[Oasisman]

Re: Why We People Cannot Think Like Whales 🐋 🐳?

Common people can't think like whales simple because we're not whale. To make it obvious, we don't have the kind of wealth they posses, and so we don't have the risk appetite to level theirs, as they usually put volume of investment in Bitcoin or any other alt compared to how little ours was.
When they sell, it would definitely going to move the prices, same goes when they buy.

[michellee]

1. That's because most small traders don't do good analysis and only rely on information from the group or based on other people's analysis.
2. It's only natural that there are Ponzi schemes in the crypto market because this is a very large circulation of money that exists in the crypto market and happens daily.
3. The big whales always know what to do and can move the price in their own way.

We can't outsmart the whales, but we can follow wherever they lead to benefit like them. And what is certain is that we don't have money like them so we have to try to be behind them to get a chance to make a profit.

[pawanjain]

First of all many members will roast me and will say that where you got such idea, why are you bluffing but this is Bitcoin discussion, so I thought that I should share something.

1) Many Of Small traders always got into the Trap of Whales? Why?

2) There are Always Ponzi Schemes in All Bull runs like 2027 was ICO big Scam
And Now BIG crypto projects Got scammed in 2022 like Terra Luna, FTX, Solana, Serum etc. They are not just coincidence. These are preplanned Scams. And that. Sucks.
3) I think that Big Exchanges that are centralized are Big whales cause they know how much volume they have and how many longs and also Shorts. In this way they can Scam with many many wats. And also that is a small reason that we cannot outsmart Whales 🐋🐳.

I think you have got some misinformation because Solana and Serum have not scammed yet.
They have suffered the price declines because of the collapse of FTX. Since FTX was involved in Solana and Serum they faced a blood bath.
So we can't really say that Solana and Serum has scammed users.