Post
Topic
Board Announcements (Altcoins)
Re: WAVES. Ultimate crypto-tokens blockchain platform.
by
kingorbust
on 29/11/2016, 05:58:40 UTC
Now that the Full Node is out, what other exchanges has Waves been added to?

Still no more, patience is all we need, but waves is highly controlled by the whales, they can easily pump it to the moon, or dump to ground Huh

Correct, it's being controlled by a single whale actually.   Just pay attention to the buys and sells.   The buys are now being padded with small amounts to accelerate the impact of a future dump.  The way to win when the whales are manipulating is to sell into their walls as their pumping up the price- contrary to what most people do when the whales pump which is to buy.  Now and the next couple of days will be the best time to sell and exit before they dump and then re purchase whenever everyone is selling  Grin    Its hard to fight human impulse but you must do the opposite of what the whales want you to do.

Or just hold for a few weeks, like a sane person.


This is true and it probably is the safest course of action especially for long term.  However, if there are strong signs of an impending dump coming up like there is now since the increase is driven by a single whale  rather than natural demand, its better to sell and repurchase more waves cheaper.  If you look at the chart, the line is going straight up and I guarantee you this will not last very long and will result in another very big dump very soon ( a couple of days or sooner).      

damn, I wish I had the guts to follow your advice.  But this is internet, trolls everywhere, one might just want one trick people into selling cheap. Seems like a sane advice though - before the full nodes waves also nicely climbed up and we all though this means stability and no manipulation..and then the whales did their magic and we were down to 27k. Seems like pattern is repeating. This might go up and down as long as waves only stays on one exchange.


hm, on the other hand you said something 100% opposite of what are you saying now :
Quote
Every time there is a mass dump, the price recovers slowly, meaning that there are more people that are bullish than the single individuals that are dumping.  This is the key.   Traders and whales know this psychological game and use it to manipulate people into selling at the lows.  

so once it is one whale driving it up when it goes slowly up and in one of your previous statements you said the opposite: it is more people driving it up.

I guess I'll jsut hold it Wink