Post
Topic
Board Trading Discussion
Re: Ideas of how to get the maximum trading profit
by
mrbnson
on 10/03/2018, 20:38:58 UTC
I was thinking on some news i read a couple days ago some news about the bitcoin price manipulation. What would happen if we make a coordinated trading whit a high number of tradings partners  explaining better buying and selling at the same time with all  tradings partners  buying will grow up the price and selling will down the price in some way the price will be predictable it could work better in low price cryptocurrency like NXT on USDT to manipulate the cryptocurrencys price a high amount of money is  necessary  but if we dont have a high amount of money we need many tradings partners operating at the same time it could get the maximum profit for all please tell me if it could work

Of course it could work, this is what a pump and dump group is. Given that crypto is unregulated this is allowed (It's not allowed in more traditional markets) but you need to know that the people you're doing it with have deep enough pockets and are trustworthy. Someone can easily cash out before your target and then you're all left holding falling coins.