Post
Topic
Board Altcoin Discussion
Re: Altcoins price can be manipulate?
by
omonuyak
on 13/05/2017, 17:07:13 UTC
Is it true, Altcoins price can be manipulate?
I see so many peoples in any Ann thread of altcoins ask for pump and dump. I just don't understand, is this how cryptocurrencies works? While forex trading market move by good news or bad news in around the world.
If Dev or big holders can easy manipulate the price of some altcoins, I think it's not interesting anymore.
They can be manipulated for sure and you can see this happening every now and again, if you get in and out at the right time you can benefit but for a lot of people when they see a coin rising they may be fooled into investing and this is not good.
Manipulation exists even in fiat and forex trading talk more of a human system that has just been created of recent. If we are to talk about Ann thread, Ann thread was created to get a lot of follower in other to pumb coin prices. If you really want to make it big now then the best thing to do is to find out when pump is about to happen in a particular altcoin and buy early.