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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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51137505 No.51137505 [Reply] [Original]

Can whales be retarded?

>> No.51137530
File: 192 KB, 2064x1218, Screen Shot 2022-08-28 at 12.08.22.png [View same] [iqdb] [saucenao] [google]
51137530

Whales pulling out of exchanges. On-chain is… bullish?

>> No.51137535

>>51137505
where do I go to use this tool

>> No.51137552

>>51137530
very, supply shock soon

>> No.51137559

>>51137552
TA is bearish af. Who wins?

>> No.51137564

>>51137559
TA is not bearish
it was bearish at 60k

>> No.51137570

It's been confirmed that a shitload of whales lost money last year. They're not geniuses. Some of them are but most aren't.

>> No.51137571

>>51137559
incel bull who thinks supply shock is still a thing even though we aren't living pre futures now vs all valid ta.

>> No.51137575

>>51137571
I was incel bear when I was shorting you

>> No.51137576

>>51137559
TA is barely even accurate to begin with

>> No.51137609

>>51137576
never watch ta youtube and do it yourself.

>>51137575
Hot.

>> No.51137614

>>51137609
800k ~ 2024

>> No.51137632

>>51137505
Whales are the most retarded and smartest midwits in crypto markets

>> No.51137678

>>51137632
signal or noise then?

>> No.51137709

>>51137559

Astrology is unironically far more accurate than TA. Look up William Gann.

>> No.51137714

>>51137678
Noisy signal which might say something extremey critical but also absolutely nothing

>> No.51137725

>>51137709
kek

>>51137714
i guess then. my gut is extremely scared but i cant avoid thinking its the bottom.>>51137714

>> No.51137750

>>51137678
noise. watch exchange flows instead. whales intentionally split and cycle wallets

>> No.51137777

This guy >>51137632 just called whales both smart, dumb and midwits at the sama time and anons are just rolling with it.
Man, /biz/ has gotten retarded af

>> No.51137819
File: 252 KB, 2178x956, Screen Shot 2022-08-28 at 12.48.31.png [View same] [iqdb] [saucenao] [google]
51137819

>>51137777
yes. checked. i can relate though. i knew whales who were kind of like savants. they were essentially retards e.g. academically mediocre but still good at calls.

>>51137750
picrel says fuck all

>> No.51137826

>>51137777
>retarded af
Mate, you need to go back. And no I will not check your digits.

>> No.51137828

>>51137505
Yes

>> No.51137963

>>51137777
>Man, /biz/ has gotten retarded af
ya bro, we're whales now

>> No.51138010

>>51137505
They can be more retarded than you, and for longer.

>> No.51138084

>>51137609
>never watch ta youtube and do it yourself.
Doesn't matter, not my point. TA is just loose predictions based on market psychology only. It does a terrible job accounting for real world events that impact the price. TA does best with a consistent narrative and zero news. The moment a narrative shifts based on real events, the TA needs to be redrawn. And that's quite often.

>> No.51138096

>>51137505
i think a lot of whales are low IQ, coincidentally rich because they (by chance) dumped a few thousand bucks into crypto 10 years ago. seeing a "high IQ whale" make an absolutely retarded trade on the blockchain and immediately lose 6 figures is eyeopening.

>> No.51138152

>>51137530
On-chain is always bullish, it's misleading.

>> No.51139353
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51139353

>>51138084
Charts are 90% ta driven and 10% narrative/news.
Every entity that trades frequently looks at the charts and sees the same thing, so from that angle its self fulfilling prophecy.
News which changes price rarely happens yet the price moves all the time. If we want top get schizo about it, fib ratios are
embedded in nature and even 'events' follow these ratios. The past 2 bitcoin tops were exactly 38.2% the way through the cycle as measured from halving to halving. The bottom was, and will be 61.8% which puts the absolute floor this cycle at 10.5k on October 27th.

Remember this: Lagging indicators are all bullshit, every single one. Fib ratios are king.

>> No.51139496

>>51137505
Some of the whales are just trust fund babies and oil princes with more money than they can realistically lose, so yes, yes they can.

>> No.51139513

>>51137505
I work as an Equity Sales / account officer at a big stock brokerage firm and I can confirm that MOST RICH PEOPLE/INSTITUTIONS ARE RETARDED.
Most of their portfolios are big red most of the time.

>> No.51139543

>>51137505
retarded here, what am I looking at?

>> No.51139568

>>51137819
hey bro can you share that site?

>> No.51139640

>>51139513
>if you're red you're retarded
this is why you are an equity officer and not a rich person

>> No.51139689

>>51139640
few understand KEK, cash flow is all that matters

>> No.51139711

>>51137530
people were saying the same thing before things dumped. doesn't mean anything. maybe they withdraw to prevent losing their coins from a celsius style black swan.

>> No.51139719

>>51139640
>not a rich person
has absolutely nothing to do with being smart/retarded at trading.

>> No.51139740

>>51139711
sounds reasonable. this whole month has seen constant withdrawals. cant be just mere coincidence.

>> No.51139746
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51139746

>>51137505
would a top 100 wallet of a 25m mcap coin impact the market by pulling out of LPing or pulling coins off-exchange so they're not arbing/LPing themselves with your assets?

>> No.51140033

>>51138084
Crypto has no fundamentals so the price action is 100% about TA.

>> No.51140801

>>51139353
Why 10.5k thought?

>> No.51140918
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51140918

>>51137709
Cool?

>> No.51141196

>>51139689
>cash flow is all that matters
why?

>> No.51141245

>>51141196
+