A whale who has never been wrong.

[Aanuoluwatofunmi]

This made me wonder, is there such a thing as a trader who has never been wrong? Does that even exist? Is this a form of insider trading or are certain persons so rich that they get access to tools and information that the general public aren't privileged to?

As for me I don't think I can believe on this because everyone is prone to making mistake in crypto trading or investment, therefore we should not allow someone to deceive us that they are professionals that always avoid losing upon any trade they are taking.

You should also be careful with those with so-called influencers because they may be saying all this in order to motivate us to trust them and subscribe to their channels for other trading tricks, everything we see them claim are not actually the achievement they made, we have to understand the real situation with anything that has to do with cryptocurrency trading and the risk attached.

[kasep]

in my opinion , there is no trade ( trading ) that is never wrong even the largest financial institutions such as investment banks, hedge funds, or professional traders can experience losses . it is caused by several factors such as demand and supply are always changing, Central interest rate policy is changing, inflation and global liquidity, investors are changing psychologically and behavior, even geopolitical news can be the cause.

[Audrey Simmons]

As for me I don't think I can believe on this because everyone is prone to making mistake in crypto trading or investment, therefore we should not allow someone to deceive us that they are professionals that always avoid losing upon any trade they are taking.

Losing in trading is not because of a mistake, every trade by a trader is analyzed from their best of knowledge, sometimes it happens that they predict wrongly, it is difficult to predict the market accurately most of the time. I also don't agree that a trader has never been wrong, i always have doubts for any information i see on the internet, a lot about it might be false.

[yudi09]

This made me wonder, is there such a thing as a trader who has never been wrong? Does that even exist? Is this a form of insider trading or are certain persons so rich that they get access to tools and information that the general public aren't privileged to?

What do you think?

What I think is that they aren’t always right. They can be wrong because they, too, make mistakes when they believe they’re right based on their knowledge. Money can determine what you want, but not everything, because there are limitations.
If they were able to use all the money they have, we’d already see how quiet the market would be.
Those trading shows that make them look great are just for show. The failures they experience are never shown at all. In my opinion, the audience is only shown the results, not the process.

[Byebyebtc]

Even as some whales can be very accurate because of the tools and edge that have, they still go wrong sometimes, I've made researches about these institutions or whales and I got to understand that they are also not a 100% perfect as well, and as a matter of fact they still hit losses, so I don't think there is anything ine what will always have a perfect prediction, although he his wins coul be pretty highe but there is no perfection regardless.

[taufik123]

The notion of a whale never going wrong is completely incorrect, because any trader has never made a mistake.
If they observe why the whale is never wrong because the whales have set the trend in such a way that people are affected when they put a long or short, this will be an indicator for their followers that when the whales are indeed long then what is done is an alarm to do long as well so that it looks like the whales are always right, even though they are retail traders who follow the whales blindly.

Don't just look at the profits of whales, there are many disadvantages that they do not disclose and of course they do not want to reveal so that the view as Whales who are never wrong becomes stronger.

[Agbamoni]

This made me wonder, is there such a thing as a trader who has never been wrong?

Mistakes and losses are inevitable. In trading.
Because the whale has not lost or made a mistake before doesn't mean he won't someday. And if he does, it doesn't stop him from being professional.
We have people very good at trading. There aren't many in the world.

Is this a form of insider trading or are certain persons so rich that they get access to tools and information that the general public aren't privileged to?

What do you think?

I don't support the belief in insider trading in the stock market. For the crypto market, some coins are controlled by the developer. This means they can be manipulated, and insider trading can happen. That is not the case in the stock market. It's a rare phenomenon.

[perfect999]

While discussing amount friends, one among us who is always updated (up to the minute) on fundamentals and economic news made a statement that "a whale who has never been wrong just placed a long on BTC and ETH" apparently, this billionaire has never been wrong in all the times my friend has been watching his trades.

This made me wonder, is there such a thing as a trader who has never been wrong? Does that even exist? Is this a form of insider trading or are certain persons so rich that they get access to tools and information that the general public aren't privileged to?

Your friend must have joked to you or might be tricking you to get involved with bitcoin/ETH trading. Because, if anyone had taken long just 4 or 5 days back when bitcoin market was trading above $80k price level, right now bitcoin is trading just above $78k level and it was around $77k level yesterday and today before yesterday after the news of binance hack. So, if you are sharing immediately after your friend talked about that whale, that long position must be in negative right now or might have liquidated due to margin call.

In my long experience with trading, I can bet that no one could be an all time winner against any market. Moreover, active traders are simply losers unless otherwise they know to manipulate which is non-ethical and should not be taken as an example to attain.

[Out of mind]

While discussing amount friends, one among us who is always updated (up to the minute) on fundamentals and economic news made a statement that "a whale who has never been wrong just placed a long on BTC and ETH" apparently, this billionaire has never been wrong in all the times my friend has been watching his trades.

This made me wonder, is there such a thing as a trader who has never been wrong? Does that even exist? Is this a form of insider trading or are certain persons so rich that they get access to tools and information that the general public aren't privileged to?

What do you think?

No matter how big a whale or influential person is, there is no one who has not made a mistake, but at least once he has made some mistakes and learned from them. However, it is true that usually big investors can gain some advantage over small investors, they can analyze much better using their advanced research and advanced technology. However, not all advantages give investors the right direction for the future, but they face mistakes in any way. However, if a person knows in advance that a big company is announcing the purchase of a certain cryptocurrency and that person knows that undisclosed information in advance, then he can take a position, and according to that situation, it can fall under insider trading. However, we know that big whales can be followed but they should not be trusted blindly, rather some of their predictions can be relied on but not always. However, we should not believe that there is a billionaire investor who has never made a mistake, rather it is not right, everyone makes mistakes but there are many who do not want to disclose them.

[Sulegzy39]

Everyone has made mistakes at some point and learned from them, regardless of how big or powerful they are. It is true, though, that large investors typically have a slight advantage over small investors due to their superior research and technological capabilities. But not all benefits provide investors with the best course for the future, and they still make mistakes.

However, if someone knows ahead of time that a large corporation is announcing the acquisition of a particular cryptocurrency and they are aware of this undisclosed information, they may take a position, which may be considered insider trading. We are aware that large whales can be tracked, but we shouldn't blindly trust them. While some of their forecasts can be trusted, this isn't always the case. It is incorrect to think that a billionaire investor has never made a mistake; everyone makes mistakes, but many choose not to share them.

[Nheer]

Everyone has made mistakes at some point and learned from them, regardless of how big or powerful they are. It is true, though, that large investors typically have a slight advantage over small investors due to their superior research and technological capabilities. But not all benefits provide investors with the best course for the future, and they still make mistakes.

However, if someone knows ahead of time that a large corporation is announcing the acquisition of a particular cryptocurrency and they are aware of this undisclosed information, they may take a position, which may be considered insider trading. We are aware that large whales can be tracked, but we shouldn't blindly trust them. While some of their forecasts can be trusted, this isn't always the case. It is incorrect to think that a billionaire investor has never made a mistake; everyone makes mistakes, but many choose not to share them.

We all have made mistakes because mistakes are bound to occur in this cryptocurrency ecosystem and during our early stages and experience stages we still make mistakes and responsible people take corrections and learn from that mistakes but irresponsible people and big holders don’t care about learning from their mistakes or even looking out to find the faculties at all. As we make mistakes we learn from it so we could make progressive changes and head towards success and about this whale we shouldn’t always get to relied to their announcement or their trackings that much because at times it might end up being a trap.

[Kelward]

While discussing amount friends, one among us who is always updated (up to the minute) on fundamentals and economic news made a statement that "a whale who has never been wrong just placed a long on BTC and ETH" apparently, this billionaire has never been wrong in all the times my friend has been watching his trades.

This made me wonder, is there such a thing as a trader who has never been wrong? Does that even exist? Is this a form of insider trading or are certain persons so rich that they get access to tools and information that the general public aren't privileged to?

What do you think?

No matter how big a whale or influential person is, there is no one who has not made a mistake, but at least once he has made some mistakes and learned from them. However, it is true that usually big investors can gain some advantage over small investors, they can analyze much better using their advanced research and advanced technology. However, not all advantages give investors the right direction for the future, but they face mistakes in any way. However, if a person knows in advance that a big company is announcing the purchase of a certain cryptocurrency and that person knows that undisclosed information in advance, then he can take a position, and according to that situation, it can fall under insider trading. However, we know that big whales can be followed but they should not be trusted blindly, rather some of their predictions can be relied on but not always. However, we should not believe that there is a billionaire investor who has never made a mistake, rather it is not right, everyone makes mistakes but there are many who do not want to disclose them.

Nobody is above mistakes, it doesn't matter your experiences in trading so far you don't have a total control over the market you are bound to lose sometimes, your level of experience in the market can help you to minimize loses to the lowest level but not to eliminate loses. I don't believe everything that I hear on social media, influencers and some so called whales can be manipulative, they will always show you what will portray them as being successful most of the time in their trades, they wouldn't show you their immense loses.

There are too many misleadings when it comes to trading, a lot of content creators makes it look as if trading is easy but most of us knows that it a lie, trading is hard and risky. Trading is not for everybody, if you cannot trade accumulate and hold Bitcoin for many years and be ready for profits without much risks like trading.

[LUCKMCFLY]

However, if someone knows ahead of time that a large corporation is announcing the acquisition of a particular cryptocurrency and they are aware of this undisclosed information, they may take a position, which may be considered insider trading. We are aware that large whales can be tracked, but we shouldn't blindly trust them. While some of their forecasts can be trusted, this isn't always the case. It is incorrect to think that a billionaire investor has never made a mistake; everyone makes mistakes, but many choose not to share them.

Even whales make mistakes. The thing is, if a whale makes a mistake, just one good move is enough for them to recover that loss and come out with a profit. This is very different from my case, because if I make a mistake in a trade, I try to win the second trade to recover and secure a profit. If I don't achieve that with my second attempt, I go for my third and final option. If I win, I come out ahead; if I lose, it means I shouldn't trade anymore for the day—it means I need to stop, review my strategy, and see where I'm failing.

If a major institution announces that they are going to buy, you have to pay close attention. For example, if it's someone like Saylor, then you should try to buy BTC as well, because the goal is to buy alongside the big players and sell when they sell. Of course, this applies strictly to short-term trading; long-term investing is another matter entirely.

[Bitcoin_people]

While discussing amount friends, one among us who is always updated (up to the minute) on fundamentals and economic news made a statement that "a whale who has never been wrong just placed a long on BTC and ETH" apparently, this billionaire has never been wrong in all the times my friend has been watching his trades.

This made me wonder, is there such a thing as a trader who has never been wrong? Does that even exist? Is this a form of insider trading or are certain persons so rich that they get access to tools and information that the general public aren't privileged to?

What do you think?

If there is a big whale and investor who has never made a mistake and has not been supported by the victim, then it will be difficult for everyone to accept it. We know that there is no investor and trader who has never made a mistake in his life, but everyone makes such mistakes in one way or another. However, since he has taken long positions in Bitcoin and Ethereum, I think he may have used very low leverage for the long term. But we should not accept this because there is no person who has not made a mistake at least once in his life, but he has made a mistake in any position. However, there are many investors who have a lot of money and can get some foresight and access to some information that gives them a much greater advantage than ordinary traders. The amount of information that big investors get is not available to an ordinary person, but I do not believe the comment that the person did not make a mistake.

[BitcoinLitingNetwork]

We all know that major investors did not achieve success overnight. Throughout their long journeys, they made various mistakes and suffered losses most importantly, they learned from these errors and refined their strategies. While the internet often portrays a picture of flawless success, the actual path to achievement is invariably winding and challenging. If you maintain a long term vision exercise patience and implement sound risk management, your decisions will in time prove to be the right ones.

[Solokan]

In my opinion, a whale can make mistakes, but it's also possible for a whale to not make mistakes because, of course, everyone has different techniques and perspectives. For example, if a whale buys BTC, he's not doing anything wrong because BTC has the potential to rise in price in the future. Even if he trades BTC, he can still make mistakes as long as he doesn't sell when the price drops.

In my opinion, a whale can make mistakes when trading because the bottom line is the same, whether you're a whale or not, because what matters most when trading is skill. In fact, quite a few whales have suffered significant losses due to trading.

[Webutxo]

Even as some whales can be very accurate because of the tools and edge that have, they still go wrong sometimes, I've made researches about these institutions or whales and I got to understand that they are also not a 100% perfect as well, and as a matter of fact they still hit losses, so I don't think there is anything ine what will always have a perfect prediction, although he his wins coul be pretty highe but there is no perfection regardless.

Models failed because things can't be the same. The fact that something happened years ago doesn't mean it's going to repeat itself. We just experienced Binance hack last week, I'm sure no model expected such to happen, it wasn't in any consideration but it affected the market. From now till the end of the year, it's going to determine where Bitcoin price will be and that is going to invalidate what their model is saying. There are many things that has happened this year that I don't think their model check.

If you want to invest in crypto just do it, don't because the whales says this or they have some opinions on how the market is going to be. I'm sure that some countries have plan on how they will buy Bitcoin but they are not known yet, non of their model will be able to tell if they have such plans to tell it will happen. We can only speculate what will happen but models don't determine it.

[Powerjumboo]

While discussing amount friends, one among us who is always updated (up to the minute) on fundamentals and economic news made a statement that "a whale who has never been wrong just placed a long on BTC and ETH" apparently, this billionaire has never been wrong in all the times my friend has been watching his trades.

This made me wonder, is there such a thing as a trader who has never been wrong? Does that even exist? Is this a form of insider trading or are certain persons so rich that they get access to tools and information that the general public aren't privileged to?

What do you think?

What I think is that no matter how experienced a person is and how professional a trader he is, he started out as a newbie. When a person starts in a new situation, it is natural for him to make mistakes. And it is unrealistic that people do not make mistakes. Only people make mistakes.

 So I think that people will definitely make mistakes at some point or the other and by making mistakes, they can become a professional trader. In fact, no matter how professional a trader is, I do not think it is reasonable to copy a person's signals because there are many people who talk so positively to sell their signals.

 So while trading, you should always use your own experience and your own strategy. You should never use other people's strategies, other people's decisions and other people's signals for your own personal trading.

[RockBell]

As for me I don't think I can believe on this because everyone is prone to making mistake in crypto trading or investment, therefore we should not allow someone to deceive us that they are professionals that always avoid losing upon any trade they are taking.

Sometimes mistake is not avoidable but the most important thing will be when we learn from our mistakes and this is mostly about traders because this is something they do frequently and when you are investing their is less activity for you the main thing you can do is for you to just know the basics and even the so called professional traders are still losing  because that's trading for you, that is why you don't trade frequently.

You should also be careful with those with so-called influencers because they may be saying all this in order to motivate us to trust them and subscribe to their channels for other trading tricks, everything we see them claim are not actually the achievement they made, we have to understand the real situation with anything that has to do with cryptocurrency trading and the risk attached.

And influencers have mislead a lot of people because of how they will make everything look very easy and instead of them to allow people see the reality of everything, some even go to the extent of selling signals, anything that had to do with influencers I don't really rate it because to me is more about them self.