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4793597 No.4793597 [Reply] [Original]

How do whales play the game of crypto?

Do they invest into promising ICOs that have good product/team already and wait few months for it to moon and dump?

Do they day trade?

I don't really get it, I see a lot of young promising projects, such as MOD, GVT, HST and they get stuck at a certain wall, because nobody buys anymore.

Any whale cares to explain what the fuck are you exactly doing right? Especially those that started with less than 1000$ and didn't get lucky with anything, other than trading and holding.

I also don't completely understand why some of these whales put up a wall sometimes on a certain high volume daily trading crypto.

Nice example was POWR last week or two weeks ago when it first mooned, I observed it and there was some guy who put a 100k wall up at certain level, scaring off a bunch of people, which eventually bought in. Doesn't it make more sense to sell slowly pieces by pieces, without affecting the price and dragging down YOUR own profit? I could go into this psychology of walls a lot more, but I don't want to derail thread completely.

Share some tips, info, anything. Let's question and speculate on certain behaviors in crypto.

>> No.4793715

>>4793597
I pretty much doubt real whales waste time with ICOs, and even if they do it's basically pocket money for them. The real deal is on high volume exchanges with medium to high marketcap coins. At a certain point (ie. 10-100 million) you're looking for small but certain gains in the range of 1-10% and stop chasing x50 moon missions, since it's basically impossible to do that without increasing the price through the roof when you buy in.

>> No.4793756

>>4793715

they do invest in ICO, but in such where you get bonus coins for big investments. and then they dump right after the ICO.

>> No.4793805

>>4793756
oh yeah, forgot about that. Heard some whales talking about this on Bitcointalk.Still they don't invest stupid amounts of money. Basically something in the range of 20k-50k.

>> No.4793821

If I was a whale I'd just get masternodes in every coin that has something like it, to gain passive income, like Ark or Walton.

>> No.4793872

>>4793821
I asked the autistic whale guy from yesterday why doesn't he do this. He said he doesn't need to do that cause he gets "dividends" from bitcoin forks. Is this like a real whale strategy or was he just bullshiting us?

>> No.4794944
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4794944

>>4793872
See it's the technical work involved in administering the nodes. If you get a trader who sets up a node and that currency is used for laundering, then yeah, I would be a concerned. If this node just happens to be in a company premises where other financial transactions are conducted under FCA, then said business could be asked to explain itself. Why the hassle?

It's simpler just to cream it off the top and use bots to do the rest.