The whales stirred. What should we expect?

[Joshapat]

I think everything will come to an end, if we are currently worried about the future of cryptocurrencies then we must immediately look for alternative investments or sources of income, of course we must always be realistic that changes will continue to occur so that the assumption that whales will leave cryptocurrencies deserves our attention.

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[DrBeer]

I think everything will come to an end, if we are currently worried about the future of cryptocurrencies then we must immediately look for alternative investments or sources of income, of course we must always be realistic that changes will continue to occur so that the assumption that whales will leave cryptocurrencies deserves our attention.

To consider cryptocurrencies as the ONLY investment channel is foolish. Diversification is the only reasonable, logical, and risk-reducing approach.
In 201x, cryptocurrencies have only spawned a new market of investment and speculation. Yes, it works, yes it WILL work, yes it is available to virtually everyone (this is a huge competitive advantage). But to dwell only on it is foolish, however frustrating it may sound.
To me, the ideal scheme for investment looks (roughly) like this:
- investing in several markets
- profit/loss taking
- part of profit - for reinvestment in the same market or in other markets
- part of profit - fixation in "classic assets" - real estate, gold,.....
- part of profit - fiat currencies - in the form of a "multi-currency basket".
- study of negative experience. It is obligatory ! Negative experience - it is really the most important !
This will minimize the risks of losses in virtually any situation in the world.

[Betwrong]

I think everything will come to an end, if we are currently worried about the future of cryptocurrencies then we must immediately look for alternative investments or sources of income, of course we must always be realistic that changes will continue to occur so that the assumption that whales will leave cryptocurrencies deserves our attention.

Whales leaving crypto market certainly deserves our attention, and even the assumption of it deserves our attention too. Thank you DrBeer for opening this topic and providing some  great advices above.

My question is, are they leaving? I just checked the news regarding this issue, and found nothing frightening there. After SEC Chair Gary Gensler made his negative comments about crypto two weeks ago, Bitcoin price, contrary to the expectations of skeptics, hasn't started dropping



In fact, it's even a bit higher today than it was back in July 27. To me it looks like whales just ignore those comments.

[DrBeer]

I think everything will come to an end, if we are currently worried about the future of cryptocurrencies then we must immediately look for alternative investments or sources of income, of course we must always be realistic that changes will continue to occur so that the assumption that whales will leave cryptocurrencies deserves our attention.

Whales leaving crypto market certainly deserves our attention, and even the assumption of it deserves our attention too. Thank you DrBeer for opening this topic and providing some  great advices above.

My question is, are they leaving? I just checked the news regarding this issue, and found nothing frightening there. After SEC Chair Gary Gensler made his negative comments about crypto two weeks ago, Bitcoin price, contrary to the expectations of skeptics, hasn't started dropping



In fact, it's even a bit higher today than it was back in July 27. To me it looks like whales just ignore those comments.

Thank you for rating !

In fact, in the title of the topic - there were no STATEMENTS, there were assumptions and a question - what could such movements of large sums mean?
The fact that bitcoin did not sink much, and even won back today, is the market situation. On the other hand, there are more and more sounds that the expected growth of bitcoin will most likely not happen... In a word, there are more questions than answers

[serveria.com]

On the other hand, there are more and more sounds that the expected growth of bitcoin will most likely not happen... In a word, there are more questions than answers

What sounds?  I'm sure you hear voices in your head telling you that Bitcoin is not going up anytime soon  but still... It think I already know the answer but I'll ask you this question: what are your sources? 

[tygeade]

Selling big amounts now, if you don't need fiat urgently, is really dump. And I have a feeling that  that there aren't many dumb whales left at this point. Most of them sold their coins during previous crashes, from $70k to $16k, from $20k to $3k, or even earlier. So, I don't expect a massive sell out in the next few months. But after BTC reaches $150k, it will start happening, as it alaways does.

And at this point when the price looks like its doing fine now, reached above 29.5k+ levels and the profits are on the way, if you are still selling that means you do not only sell because you are afraid, but you are selling because you want it to go down.

Whales are smarter than that and they are making as much profit as they possibly could and they will end up making more investments to end up with more profits as well. I think its quite important that we could end up with something that would be higher and they know it and they are going to go into it. Why would anyone think that whales would a chance to make profit, they are whales for a reason and that's why its quite important that they do what they could to profit.

[DrBeer]

Yesterday I read an interesting prediction from one, quite famous crypto-analyst: now the last bitcoin dump is taking place possibly to the limits of 28.000 dollars per bitcoin. After that, a bullish trend will start, with a rather high forecast - up to 125.000 dollars per bitcoin in 2024 (CoinsKid).
I wonder what will be the indicator of such predicted events ?


PS.

What sounds?   I'm sure you hear voices in your head telling you that Bitcoin is not going up anytime soon   but still... It think I already know the answer but I'll ask you this question: what are your sources?  

Sorry - I can not help you, and I can not tell you where there is a forum for people like you - miserable and embittered, that you would realize your complexes there. Try to find it yourself, but this forum and this topic is definitely not for you  

[Betwrong]

~

Thank you for rating !

In fact, in the title of the topic - there were no STATEMENTS, there were assumptions and a question - what could such movements of large sums mean?
The fact that bitcoin did not sink much, and even won back today, is the market situation. On the other hand, there are more and more sounds that the expected growth of bitcoin will most likely not happen... In a word, there are more questions than answers

It's not happening now, that's for sure. I don't know the reasons, the SpaceX selloff?, but Bitcoin has dropped by 12% since last week. Hopefully, Musk will sell all crytpo he has and leave it for good at last. But if he won't do that, and will keep doing his thing as others of his kind, then we'll many ups and downs in the nearest future, as, in fact, it always happens with BTC. But what I'm sure of is that eventually we'll be there, around $150k,  if not this year then the next.

[DrBeer]

~

Thank you for rating !

In fact, in the title of the topic - there were no STATEMENTS, there were assumptions and a question - what could such movements of large sums mean?
The fact that bitcoin did not sink much, and even won back today, is the market situation. On the other hand, there are more and more sounds that the expected growth of bitcoin will most likely not happen... In a word, there are more questions than answers

It's not happening now, that's for sure. I don't know the reasons, the SpaceX selloff?, but Bitcoin has dropped by 12% since last week. Hopefully, Musk will sell all crytpo he has and leave it for good at last. But if he won't do that, and will keep doing his thing as others of his kind, then we'll many ups and downs in the nearest future, as, in fact, it always happens with BTC. But what I'm sure of is that eventually we'll be there, around $150k,  if not this year then the next.

1. Apparently Musk had nothing to do with it, according to the data his Bitcoin holdings were not "dumped" into the market. Most likely, the reasons are elsewhere, but there are no obvious reasons. At least they are not "on the surface of the news feeds". Either there is a preparation for something.....
2. Someone managed to dump bitcoin at 29k dollars ?

The most interesting thing is that there are enough statements, which began before breaking 28k, that the prospects of bitcoin and the crypto market are not very positive, and probably we will see 15k and possibly lower....

I wonder what the crypto optimists will say now ? By the way, this situation perfectly shows what will happen if someone decides to introduce bitcoin as a means of "replacing the dollar" ....

[serveria.com]

~

Thank you for rating !

In fact, in the title of the topic - there were no STATEMENTS, there were assumptions and a question - what could such movements of large sums mean?
The fact that bitcoin did not sink much, and even won back today, is the market situation. On the other hand, there are more and more sounds that the expected growth of bitcoin will most likely not happen... In a word, there are more questions than answers

It's not happening now, that's for sure. I don't know the reasons, the SpaceX selloff?, but Bitcoin has dropped by 12% since last week. Hopefully, Musk will sell all crytpo he has and leave it for good at last. But if he won't do that, and will keep doing his thing as others of his kind, then we'll many ups and downs in the nearest future, as, in fact, it always happens with BTC. But what I'm sure of is that eventually we'll be there, around $150k,  if not this year then the next.

1. Apparently Musk had nothing to do with it, according to the data his Bitcoin holdings were not "dumped" into the market. Most likely, the reasons are elsewhere, but there are no obvious reasons. At least they are not "on the surface of the news feeds". Either there is a preparation for something.....
2. Someone managed to dump bitcoin at 29k dollars ?

The most interesting thing is that there are enough statements, which began before breaking 28k, that the prospects of bitcoin and the crypto market are not very positive, and probably we will see 15k and possibly lower....

I wonder what the crypto optimists will say now ? By the way, this situation perfectly shows what will happen if someone decides to introduce bitcoin as a means of "replacing the dollar" ....

As a "crypto optimist" as you put it, I can say that this is a teeny tiny microscopic correction and not even worth mentioning. And your masters should start to realize that they cannot control and manipulate anything they want. Bitcoin can't be stopped. Period. 

[DrBeer]

As a "crypto optimist" as you put it, I can say that this is a teeny tiny microscopic correction and not even worth mentioning. And your masters should start to realize that they cannot control and manipulate anything they want. Bitcoin can't be stopped. Period.  

"And your masters... "Don't try your slavish thoughts on other people ! Especially people free from any "masters", whether in crypto or fiat world

Not a small correction, but now the talk is that the prospects of bitcoin are not the most positive, to put it mildly
Time will tell what will happen next, but so far we don't see any noticeable events and activity that would talk about a pullback to 30k and further growth.
Now it is most difficult for those who believed in bitcoin and invested heavily there. I have always said - diversify your assets, and you will be calmer and more profitable !

[letteredhub]

As a "crypto optimist" as you put it, I can say that this is a teeny tiny microscopic correction and not even worth mentioning. And your masters should start to realize that they cannot control and manipulate anything they want. Bitcoin can't be stopped. Period.  

"And your masters... "Don't try your slavish thoughts on other people ! Especially people free from any "masters", whether in crypto or fiat world

Not a small correction, but now the talk is that the prospects of bitcoin are not the most positive, to put it mildly
Time will tell what will happen next, but so far we don't see any noticeable events and activity that would talk about a pullback to 30k and further growth.
Now it is most difficult for those who believed in bitcoin and invested heavily there. I have always said - diversify your assets, and you will be calmer and more profitable !

There's wisdom in diversification of investment as its a way of backup in the advent of a crash on one you're covered with the rest others. I am an ardent proponent of bitcoin but I wouldn't advise anyone to heavily invest only on it, splitting the investment to other areas would be more profitable and secure.  Now at this time bitcoin is dwindling in price and with the news of the whales moving their bitcoin, anyone with diversified portfolio won't shrink because there's no way all his different investments will be doing bad at same time.
If someone expresses that the actions of the whales withdrawing their bitcoin from their untouched wallet will affect price of bitcoin, such person is not wrong in that thinking, we are all speculating because none of us knows what the future holds, everyone is free to express their thoughts but that doesn't mean their thoughts or that of mine has any determinism in the future of bitcoin.

[Betwrong]

~

1. Apparently Musk had nothing to do with it, according to the data his Bitcoin holdings were not "dumped" into the market. Most likely, the reasons are elsewhere, but there are no obvious reasons. At least they are not "on the surface of the news feeds". Either there is a preparation for something.....
2. Someone managed to dump bitcoin at 29k dollars ?

The most interesting thing is that there are enough statements, which began before breaking 28k, that the prospects of bitcoin and the crypto market are not very positive, and probably we will see 15k and possibly lower....

I wonder what the crypto optimists will say now ? By the way, this situation perfectly shows what will happen if someone decides to introduce bitcoin as a means of "replacing the dollar" ....

It's not easy for me to read that, but I know that nothing can be ruled out, especially in the world of crypto. But I'm an optimist. The only reason I can see for such a low price is the whales dumping their coins to lower the price before starting buying massively. A new ATH is inevitable. Everyone knows that. If you manage to make BTC down to $15k and than buy a lot of it, you'll make a good buck when it's $150k, right?

[Joshapat]

The amount of news that whales are selling their assets immediately makes us have to be vigilant, there are lots of reports and speculation that the era of cryptocurrencies will end soon because of the many problems that are happening, of course the best thing is to always monitor market conditions so that if big things happen then we make decisions immediately.

[DrBeer]

~

1. Apparently Musk had nothing to do with it, according to the data his Bitcoin holdings were not "dumped" into the market. Most likely, the reasons are elsewhere, but there are no obvious reasons. At least they are not "on the surface of the news feeds". Either there is a preparation for something.....
2. Someone managed to dump bitcoin at 29k dollars ?
The most interesting thing is that there are enough statements, which began before breaking 28k, that the prospects of bitcoin and the crypto market are not very positive, and probably we will see 15k and possibly lower....
I wonder what the crypto optimists will say now ? By the way, this situation perfectly shows what will happen if someone decides to introduce bitcoin as a means of "replacing the dollar" ....

It's not easy for me to read that, but I know that nothing can be ruled out, especially in the world of crypto. But I'm an optimist. The only reason I can see for such a low price is the whales dumping their coins to lower the price before starting buying massively. A new ATH is inevitable. Everyone knows that. If you manage to make BTC down to $15k and than buy a lot of it, you'll make a good buck when it's $150k, right?

Of course, such a scenario cannot be excluded. And I have stocks of Bitcoin and other alternative currencies, but I am not forcing investments in them. More precisely, only in them
There are a lot of alternative assets where you can invest your money - from real estate to agriculture. I consider agriculture to be very promising, albeit with some caveats. I personally invest in one agricultural project. True, before the start of investment, I spent 2 months studying all the ins and outs of the project, the company, and the owners. But the project has been running for almost 2 years, is paying dividends, is developing, and I am closely following it, even to the point of personal trips and monitoring of what is happening and personal testing of the crop

There are several other areas of investment, which generally confirms my commitment to diversification. At the same time, I buy more cryptocurrency little by little, believing in the next pump

[Unbunplease]

The amount of news that whales are selling their assets immediately makes us have to be vigilant, there are lots of reports and speculation that the era of cryptocurrencies will end soon because of the many problems that are happening, of course the best thing is to always monitor market conditions so that if big things happen then we make decisions immediately.

Now the situation is being escalated to get assets out of weak hands as soon as possible. Usually such situation is characteristic before the beginning of long growth. Therefore, one should not give in to panic. You just need to wait for some time and act with a cool head.

[gunhell16]

- the end of the Bitcoin era ? Are they selling it to change cryptoasset for storage ? And what is this crypto asset?

With the history of Bitcoin's existence, it is too early to say that we are at the end of the Bitcoin era. In fact, the popularity of Bitcoin
and cryptocurrency is even rising. Because with each passing year, the number of its communities also increases. And the rising
dominance of cryptocurrency is also increasing, which is coming under regulation by other governments. In short, there is increasing
regulation or adoption of cryptocurrency by the government and financial institutions.

And if there is someone selling Bitcoin, it could be that other investors who are doing this are also investing in other cryptocurrencies that they also see potential in the future, such as Ethereum, Bnb, Arb, and others that are top-listed in the market. And others who sell their bitcoin to convert it to their respective fiat currencies.

[BitcoinTurk]

No movement has been observed for a long time and unfortunately the cryptocurrency wallets belonging to the revived whales have started to create fear in the markets. Although the activities of these wallets cause the market to be pessimistic. It is necessary to closely monitor whether the funds that are transferred are sold or not.

Yes, in a possible scenario these wallet owners may have lost their trust in blockchain and cryptocurrencies and may have made these transfers to make sales. This is a situation that will negatively affect the cryptocurrency markets and will reveal the liquidity problem.

In another scenario, as Bitcoin's halving process is approaching these wallet owners may have mobilized their funds and aimed to make money by buying and selling during possible price fluctuations. Although this will put pressure on prices in the short term. It will be a scenario that we can consider as positive in terms of volume in the market.

Another scenario could be to create a panic in the market by scaring small investors and collect cryptocurrencies at current price levels before Bitcoin's halving process. This scenario is just an event that will cause losses to small investors and is a frequently used method to shake-off small investors.

Another scenario is that these people may aim to create a serious buying-selling walls at current price levels and make money by buying and selling between certain support and resistance levels. This situation will not have a positive impact on the cryptocurrency markets especially in the short term because if such a scenario occurs the price will be stuck within a certain range.

In summary, it would be correct to comment by following the transactions made after these transfers in addition to the money transfers of the cryptocurrency wallets of the whales which have not been observed for a long time and have been revived nowadays. Analyzes made without any observation will only consist of manipulation and creating fear in the market.

[Pejoh Asu]

Of course this makes a bad impact on the market, when Whales leaves Bitcoin and no new money enters, the market will be difficult to rise, the current turnover is indeed a lot of transactions that come out of personal wallet and certainly make their allegations divert to stable coins stable Then to Cash is something that can make the market difficult to rise.

[Davian144]

Of course this makes a bad impact on the market, when Whales leaves Bitcoin and no new money enters, the market will be difficult to rise, the current turnover is indeed a lot of transactions that come out of personal wallet and certainly make their allegations divert to stable coins stable Then to Cash is something that can make the market difficult to rise.

Today you and everyone else can already see the market revival which was mainly demonstrated by Bitcoin with its price movement from $28K to $29K. If that continues to happen this month, I think Bitcoin could pass the $30K resistance level this month and it could also be very possible to continue making quite good price improvements in the next month. Now everyone can probably expect an increase beyond $30K as Bitcoin is starting to get very close to that level, especially today.