Post
Topic
Board Altcoin Discussion
Re: Why Alts In Red Again?
by
faceoff97
on 22/01/2018, 12:21:24 UTC
2-3 Days back we saw the huge dip in all cryptos, later market recovered a little bit but right now market is in red again!

I have been reading a lot about manipulation of Altcoins value, this might possibly happen. We have seen sudden increase in value which obviously shows that there were groups behind this phenomenon. Whales or big investors are the primary group who contribute to sudden changes. This why coins seems like to be a bubble, though its really decentralized there were still capable people to manipulate and have aome control over its value.

For this reason, its hard to predict when it is going to be redbath. It depends on the some people who have bigger stake from thw coin. Just hold and hope thay whales would eventually get back to a greener season for Altcons.