Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: 0t3p0t on February 10, 2024, 11:14:54 AM
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Do you think whales and other big time investors of Bitcoin will still feel this adrenaline rush or goosebumps thing just like how newbies do when market started to be extremely volatile? I am just wondering how they feel it when they experience huge gains or losing a trade or something. 🤔
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Do you think whales and other big time investors of Bitcoin will still feel this adrenaline rush or goosebumps thing just like how newbies do when market started to be extremely volatile? I am just wondering how they feel it when they experience huge gains or losing a trade or something. 🤔
I don't think so. The ones who feel emotions are the retail investors who are the ones who tend to get fleeced. In the crypto world in particular I don't know, but in traditional trading (stocks, commodities, forex) for a long time the big funds have been using high-frequency algorithms, so it's not even a human making the decisions, which I think would have even increased now with the use of AI. And if they are author investment funds where decisions are made by a team they are characterised by being quite rational, which is not to say that if they make a mistake and have a big loss it doesn't affect them emotionally or the other way around.
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Do you think whales and other big time investors of Bitcoin will still feel this adrenaline rush or goosebumps thing just like how newbies do when market started to be extremely volatile? I am just wondering how they feel it when they experience huge gains or losing a trade or something. 🤔
No, I think that from a certain level onwards, numbers are just numbers and emotions are put aside. Fortunately, I hope that the people who manage billions of dollars are not subject to their emotions while trading and managing the said funds
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Do you think whales and other big time investors of Bitcoin will still feel this adrenaline rush or goosebumps thing just like how newbies do when market started to be extremely volatile? I am just wondering how they feel it when they experience huge gains or losing a trade or something. 🤔
Saying that whales feel goosebumps is like them gifting their selves and acting surprised ;D. They literally control the markets and do whatever they like with the market, I don't think they will get surprised for something they are responsible for, they literally did everything that happen in the market, the only place I think they might be happy is when their plans is executed well without affecting them, like when they plan to pump and tye market dump on them.
Look at what Bitcoin did from 2 days ago, in a normal market, Bitcoin would have dump back to the support of 38k and stay their until the market stabilize but news broke out that Microstrategy and Blackrock bought some Bitcoin and it went up, these are the people that own thousands of Bitcoin and they also control the market.
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No, I think that from a certain level onwards, numbers are just numbers and emotions are put aside. Fortunately, I hope that the people who manage billions of dollars are not subject to their emotions while trading and managing the said funds
Rich people are good at managing their emotions and of course their money. They will do long research, understand the character of crypto and market habits before investment. Their intuition is quite sharp and precise.
It's different with us. We have small money, always worried about losing.
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Do you think whales and other big time investors of Bitcoin will still feel this adrenaline rush or goosebumps thing just like how newbies do when market started to be extremely volatile? I am just wondering how they feel it when they experience huge gains or losing a trade or something. 🤔
Of course they have the highest tendencies for loosing even more than those having not unto their own holding capacity, especial when they are into trading, they stand a chance of loosing more and the same way to earn more, the volatile period is where they remain more being careful about in other not to loose their money to a far extent, some will be very careful in dealing with altcoins because they are very volatile and they cant be reliable, especially the newly introduced projects.
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~snip~
They definitely don't feel the same, especially when they lose money, which they already have too much of - compared to us mere mortals. I remember reading how some of them (Zuckerberg) used to lose over $100 billion in a year, but what does that mean for someone who has much more money than he can spend in ten lifetimes.
I would say that those who have a lot of money have completely different views on the world, and also that most of them are not too interested in Bitcoin. People like Buffett, Gates, Bezos, Arnault, Carlos Slim and everyone like them are making tons of money and they were doing it long before Bitcoin even existed.
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Do you think whales and other big time investors of Bitcoin will still feel this adrenaline rush or goosebumps thing just like how newbies do when market started to be extremely volatile? I am just wondering how they feel it when they experience huge gains or losing a trade or something. 🤔
It's a shame I'm not the whale to share whales feelings, but here's what I saw working with a small Market Maker in 2021:
They have a team of several dozen people, including technical analysts and marketing members. They grasp market psychology from price fluctuations and "manipulate" prices in harmony with news and general trends in the market, eventually breaking it and making profits for themselves. They also experience anxiety when the market becomes complicated, and joy when they make profits.
We all enter the market to seek profits, everyone wants to make profits and want to avoid losses, but the more one controls the market, the more mentally stable they will be. For example, Market Maker wouldn't be surprised if the price splits 5 times if that's exactly what they want and are trying to drive down the price.
As for the whales holding thousands of BTC: I'm not sure they will be worried when the BTC price drops (because it may be the result of their efforts to manipulate the market), but I know they will also be happy when their account increases by a few hundred % 8)
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Do you think whales and other big time investors of Bitcoin will still feel this adrenaline rush or goosebumps thing just like how newbies do when market started to be extremely volatile? I am just wondering how they feel it when they experience huge gains or losing a trade or something. 🤔
They will not feel anything because they are use to the market movement, and they are also among the people that controls the market. The difference with the whales and pleb is that they can control their emotions when they are losing because they have other means for back up. However, everyone will feel happy when there is profit from their investment and the whales are not exempted from being happy when things goes their way as planned.
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Do you think whales and other big time investors of Bitcoin will still feel this adrenaline rush or goosebumps thing just like how newbies do when market started to be extremely volatile? I am just wondering how they feel it when they experience huge gains or losing a trade or something. 🤔
They feel happy because their holdings give them huge profits and they love to see those profits. Whales don't think like small fishes because they want to earn a lot of money and that's why market volatility is a golden chance for them.
They use their best strategies during extreme volatility and earn a lot of money during it. They can most probably control their emotions or those goosebumps and use market volatility to earn huge profits in short amount of time. They are masters of the game and they know how to play their cards.
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Do you think whales and other big time investors of Bitcoin will still feel this adrenaline rush or goosebumps thing just like how newbies do when market started to be extremely volatile? I am just wondering how they feel it when they experience huge gains or losing a trade or something. 🤔
Yes, they are also humans and adrenaline rush and goosebumps are influenced by hormones, chemical reactions in the human body, and due to many other reasons, and Considering whales are also humans (metaphorically) so they must face such feelings. But I suppose they learn to converge them into something that would get them benefit.
We all should control on our emotions and rush to do something either make a profit or a loss, most of newbies lose money because they are unable to understand the market, and they don't know how to research and make an analysis of the project. I am also learning that's why I can tell the difference. I am not a newbie, not an expert, somewhere in between hahah. Well definitely not a whale.
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It seems that big investors are used to that kind of adrenaline rush, and they also already have their own planing,
so there will be no goosebumps or anything.
But when the market is completely out of control, they will attempt to use a backup plan.
All they have planned, big investors, have power that we don't have,
we are just a shrimp that hitchhikes on Whales and swims wherever Whales go.
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Well, I feel that the newbies are usually the ones with that kind of feeling because they just started their investment and have not really experienced what price volatility looks like, because that's also the reason why some of them sell their coins due to panic.
For whales and old huge investors in Bitcoin, they are at least aware already that the price of Bitcoin will definitely get to some price targets that they have set, so even when the price gets there, they don't feel any surprise because it's something they are already expecting, but if the price goes extremely beyond what they expected, that's when you can see them feel a little overexcited and gussbums.
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Do you think whales and other big time investors of Bitcoin will still feel this adrenaline rush or goosebumps thing just like how newbies do when market started to be extremely volatile? I am just wondering how they feel it when they experience huge gains or losing a trade or something. 🤔
I hope one day me and you will become a whale and then we can experience how much pressure these whales face in the time of high volatility. I watched a video in which they say whales are going to dump the market, it was a room full of Chinese guys a big screen and when they do something market dumps. I don't know what market was that or even it was real. But I guess whales are the ones most responsible for dumping the market.
Smart whales must have resources if they don't have any then they might not make good profit, they will be taken as a normal trader, because we have money they have money, the difference is they have more money we have less. I think whales have other resources as well like direct contact with other whales, to manipulate the market collectively. As one whale can't do anything.
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When we say whale, they are already used to being at loss or gain in volatile markets, so they have the same feeling as those people who have been investing for a few years, but if we say newbie, it is not the same feeling as whale unless it is the first time, but usually not because the newbie is his first time, and you know the feeling of first time, so it is very different but it will just change over time.
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I suppose that what they will feel, the fear, or the emotions will be like those of any other investor, but with much greater possible profits or losses. Logically the amounts of money are much larger when we talk about whales or large investment groups, but the type of emotions are the same. In any case, I would not like to be in the shoes of someone responsible for the investments of large groups, I think the pressure would be unbearable.
I think that although those responsible for large amounts of money invested know how to control their emotions better, they must also feel the same or something similar. In the end they are human and there are things that we cannot avoid no matter how much experience we have.