I wouldn’t say bitcoin has whales like the ones in Alticoins rather this are opportunists that believe in bitcoin and it’s potential. In Alticoins whales are just a few circle of people that control the network just like the Highest stakers in ethereum POS system. But in bitcoin they are hundreds of investors with that large amount of bitcoin in their possession, and as the number of large holders increase around the world it would be hard for a particular whale to control the market price. There are many things that control this market price and this supply and demand is just part of it.

With bitcoin it is easier to get your hands on large number of the coin not like Alticoins. The only thing is the risky of losing, so there aren’t whales in bitcoin I would say since everyone has the same chance of getting bitcoin not Alticoins.

Why do they win? they do not move their coins to sell after every little pump. They HODL.
No one cares if you do DCA or buy at a price all-in, it's about the time you give your investment to grow. It won't grow in minutes or days.

Bitcoin's 4-year cycle is the greatest gift to middle-class people by Satoshi. Learn and understand it, you won't regret it.

You are somewhat right as the whales can move the market in Altcoins but in Bitcoin they do not hold that much power to manipulate the market. The Bitcoin market is highly volatile and many of those whales will also lose their money if they try to pump it. There is no one who can exactly predict the Bitcoin price and if those whales are long term holders then they won't get affected as Bitcoin's price will reach all time high one day.


This is the way of the market and I agree with you on this point. However, the whales have already accumulated enough Bitcoin when its price went below $16K because most of them were aware that soon Bitcoin will cross $22k mark and that event happened sooner than their estimation. The ones you're referring as weak-hands are also making profit with scalping. Everyone earns differently in crypto market, but I would only call those people week-hands who sell their Bitcoin at loss.


That's true indeed, those who can't control their emotions in crypto-trading world will always lose because of the volatility. The greedy ones who want to get rich quick are always the ones who will sell with losses rather than getting any profits. Their greed turns into fear when they see the red candles, they want the green candles but without a proper trading plan and a well developed strategy they shouldn't even expect the green candles.

People always look at "whales" as some sort of divine being that always wins their trades and have total control over the markets lmao — well in fact this is very far from the truth. Whales also make dumb trades a lot of times, though obviously far less frequently than the typical retail trader/investor.

I have a lot to say about this unrealistic profit goals in the crypto space, some people get into bitcoin investment at early dips in a bear market but what they failed to do in a bull market is take profits.

Their profit goals are way too high over the roof, and they failed to take a profit even when the price and gains are very high, until it becomes too late, and before they realize what is going on the bears will be gearing up to take action against the market and they will be forced to sell at loss.

Like OP just said do not be too greedy to take profit when we are in a bull market, set realistic goals for yourself and your portfolio, or else you will waste your time holding all this while, 1,000,000$ Bitcoin, for example, is a crazy goal that will never come true.

We are just too far away.

the "bitcoin richlist" may show more coins in larger stashes. but these are not whales. these are custodian hot/cold wallets of services/businesses.(mostly exchanges)

when it comes to real whale traders. their tactic is very simple

1. have 2 stashes of coin
2. put one stash on the futures contracts where you want to keep the price below X for a week contract, leveraged to multiply wins if your bet hits
3. use another stash on the spot market.

now lets explain point 3 in more detail
when you sell coin to keep the price down. you are not then sitting with fiat stuck with no coin. instead you play arbitrage. by using that fiat to then buy an altcoin, and then swap that altcoin for btc fia other market orderbooks. and then you use that same allotment of btc again to hit the sells again

in short whales are not a one hit wonder and left with a bag of fiat. they spin their funds through arbitrage to get back their btc via an altcoin-btc orderbook to then repeat the selling on the btc-usd order book multiple times

this means they dont need to spend 10kbtc in one hit to chew through 10k of buy orders. instead they can use 100btc and loop through the altcoin order books 100 times to chew through 10k buys on btc-usd