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Crypto Whales and How they Manipulate the price

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There are several things that can affect the price of bitcoin, and whales can affect the price through the large quantities of bitcoin they own, as this can make a big difference when buying and selling. In addition to this, supply and demand can affect the price of the currency. The more demand for it, the higher the price.

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Crypto whales are manipulating the price of the bitcoin so people shouldn't panic sell the coin because for most of the case it is the smart move of the big whales to dump the price and buying the others coin for low.

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I think that whales greatly affect the crypto market but not 100% completely, Whales always strive to buy and sell cryptocurrencies at the prices you want and thus achieve great profits

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Cryptocurrency always manipulate the crypto market by sending large amounts of bitcoin from one wallet to another just to make the market flush and when this happens sometimes people sells their coin at a cheaper rate while sometimes the pumps.

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Whales of crypto market assets are manipulated at any time during market sudden falls or rise. Infact when huge amount of bitcoin are sold out or buys in huge quantity and it means now really I am worried about how this works and why this whales done wrong things.

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Buying and selling in panic situations, or even in joyful situations, can be very wrong choices, but trading without a written plan makes this thing possible in the future.

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Although trading is good for the future the risk is higher if you do not have enough knowledge to trade Whales influence the market in such a way that traders lose a lot In the crypto market the price of currencies is greatly reduced Whales are very dangerous when it comes to investing.

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Price of the crypto coins are not only effected by the whales but also due to the demand and volume of the coins also its price gets afeected and lower prices is also an opportunity for many users not only higher prices provide a positive opportunity and impact on the users.

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Obviously the value of an altcoin cannot vary by 80% from one moment to the next is obviously artificially manipulated there are the whales in general the consortium of whales that by making large transactions on the most important exchanges who manage to manipulate the value of a given altcoin But this can also be brought to the benefit of small investors investors by following these large operations it is possible to make profit also in our small way


 

 

 

 
 
 

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This topic is interesting, and it interests me in all respects. The way whalers work may cause you to lose your life. If to avoid this, you must follow their movements, but you said that it is not visible, it just becomes surprising at a specific time. They make big profits in one day. we need to be cautious in this case and check the analyzes you perform, because at one time you will not get what you want


Учитесь, учитесь и учитесь на своих ошибках :classic_smile:

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Thank you very much for this information, it is very useful for our community! It seems to me that cats and hamsters play a big role in the cryptocurrency market, especially whales, which cause the price to beat like waves on rocks!

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The whales are controlling the market, but this does not mean that they are a group or partners or they agree in making decisions and in addition The chart for Bitcoin, as the main driver of the market trend, we can see a real struggle for certain points that are the separator between high and low Of course, the market is driven, not by choice, and it is not easy to stop plans and strategies

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I think no one can control the crypto market because its decentralized and if there is a controlling in crypto maybe the manipulation of some whales in the market but I think they can't control the crypto market.

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Whales definitely have a very high market dominance. They cause big price movements, especially in low volume instruments. Although not that much, btc still has a lot of influence.

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Whales are companies or people, and controlling the price is either by selling in huge quantities at the market price or buying, and thus the number and quantity of currencies affect the price, and then the psychological impact of traders comes and they begin to pursue their movements.

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If the Ballans are people who have a lot of percentage of the cryptomoneds and sell them so that it download the price quickly from the cryptomoned and buy it again so they buy cheap and then again have many profits.

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We are experiencing such a price manipulation, and the coins/tokens are being dumped for a certain period of time, so that people will panic and will be selling their coins for not getting further loss, and this is caused by the whales which has the large share of crypto market and has influenced the market in different ways. As the whales consume all the tokens  and independently create bull market by having control over the majority of cryptocurrency tokens, and manipulating the price for their profits.

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On 10/9/2020 at 9:16 PM, Brandonsaw said:

If the Ballans are people who have a lot of percentage of the cryptomoneds and sell them so that it download the price quickly from the cryptomoned and buy it again so they buy cheap and then again have many profits.

That is exactly what whales are, but you should also know that they target coins with smaller supply as coins with bigger supply like doges are almost impossible to manipulate.

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52 minutes ago, Raina KH said:

The crypto whales are really hard to find. They are the most experienced traders in the cryptoworld. They might have millions and million of cryptocurrency with them and they trade in millions. When they buy a coin from cryptomarket, there is a significant rise in the coin.

Finding whales is not much difficult if you know how to search for transactions with extremely large amounts being transferred in blockchain network. These transactions are usually performed by whales. Whales can influence the market in both ways. Sometimes they sell lots of coins as a group which creates a heavy collapse on the market and most big bearish runs start. Other times, they may do the opposite and buy loads of coins which leads to a sudden jump in prices and bull runs will happen. Learning how to deal with whales' activities can increase your income significantly.

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Panic means a lot and when it happens we need to act the opposite of the many. When selling happens there are also buyers. One good strategy is the dollar cost average, buying slowly between different prices and having in the end a good average price.

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I know for a fact that in the big 2020 Bitcoin dip many whales are out of the market. It is for better to have these players out and some stronger in that hold and don't try to manipulate. The very early ones don't care to manipulate the price but the fact is that selling everything like it happened early this year has some big whales out of the market completely and strong hands hold now.

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Regarding the amount of money they own, they are able to make changes in the prices of any currency based on the huge sale and purchase orders. We must not submit to their desires and search for our own gains away from them.

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I am not look at the manipulation you are say my dear. I am look at the chart and I do not see whales there, I am observe the price action and make prediction and take trades. Perhaps it is means that whales can push prices down a lot but I did not see manipulation that you are say.

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