Post
Topic
Board Altcoin Discussion
Re: Altcoins price can be manipulate?
by
ekoice
on 16/05/2017, 14:02:38 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.
See you should know that altcoins marketcap is small when compared to bitcoin.So big whales can easily manipulate altcoin market with their coins.But if you know when to enter and exit during pump and dump,then you can make huge profits.Thats why altcoin trading is not a children's game.It needs more skills to survive.