5 Myths about Crypto Market Manipulation

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Jun 12, 2018
70
8
8
#1
Because of the whales, crypto markets are unique
Whales are to blame for big losses that small investors suffer.
Whales control the market
Whales know more about the market than smaller investors.
Regulation will solve the problem
 

stellarowl12

Administrator
Staff member
Jan 30, 2018
80
65
18
#2
Because of the whales, crypto markets are unique
Whales are to blame for big losses that small investors suffer.
Whales control the market
Whales know more about the market than smaller investors.
Regulation will solve the problem
Emma, welcome back to the forums. We missed your posts & discussion here!
 
Likes: Emma

Adriaan Admin

Administrator
Staff member
Jan 30, 2018
231
56
28
www.bitcoinforbeginners.io
#6
And yes I agree we should blame whales less and just become more educated and make better investment decisions.
100% agree! When becoming more educated and make better investment decisions you will be able to fall less prey to "whale" action. And of course in every financial market big players logically have bigger impact on price and that also forces them to specific trading strategies (these patterns are usually becoming visible in the charts for which TA can be quite useful). This is especially the case in low liquidity markets as crypto just as penny stock markets. And if you think whale action is rampant, wait until the big players of wall street get more and more access, then the real action will begin! And these big players can only then enter when ENOUGH REGULATION IS IN PLACE! Regulation will therefore at best not improve "market manipulation", at worse it will make it worse! Either way: the unsophisticated investor that doesn't understand chart reading and market timing is better off just dollar cost averaging (and NOT panic selling) and otherwise just get proper education on how markets work and learn TA, trading skills and risk/money management. Don't fight the whales, ride with them!
 
Jun 12, 2018
70
8
8
#7
100% agree! When becoming more educated and make better investment decisions you will be able to fall less prey to "whale" action. And of course in every financial market big players logically have bigger impact on price and that also forces them to specific trading strategies (these patterns are usually becoming visible in the charts for which TA can be quite useful). This is especially the case in low liquidity markets as crypto just as penny stock markets. And if you think whale action is rampant, wait until the big players of wall street get more and more access, then the real action will begin! And these big players can only then enter when ENOUGH REGULATION IS IN PLACE! Regulation will therefore at best not improve "market manipulation", at worse it will make it worse! Either way: the unsophisticated investor that doesn't understand chart reading and market timing is better off just dollar cost averaging (and NOT panic selling) and otherwise just get proper education on how markets work and learn TA, trading skills and risk/money management. Don't fight the whales, ride with them!
Just as some whales like to make large trades to try and make short-term gains, others like to “hodl,” or hold on for dear life. The Winklevoss twins are the perfect example of whales who like to hodl. Cameron and Tyler Winklevoss have reported that they have not sold a single Bitcoin since they poured $11,000,000 into Bitcoin investments following the payout they received from Mark Zuckerberg over the Facebook intellectual property theft lawsuit.
 

Adriaan Admin

Administrator
Staff member
Jan 30, 2018
231
56
28
www.bitcoinforbeginners.io
#8
Just as some whales like to make large trades to try and make short-term gains, others like to “hodl,” or hold on for dear life. The Winklevoss twins are the perfect example of whales who like to hodl. Cameron and Tyler Winklevoss have reported that they have not sold a single Bitcoin since they poured $11,000,000 into Bitcoin investments following the payout they received from Mark Zuckerberg over the Facebook intellectual property theft lawsuit.
Again, 100% copied from this article about whales and potential whale manipulation: https://www.worldcryptoindex.com/how-whales-affect-cryptocurrency-markets/. A proper way of responding is to use your own context on an article and if you use quoted text, the decent thing to do is to use quotes and cite the article.