Post
Topic
Board Economics
Re: can i rise price by buy for my sell ? (
by
nitrousteam
on 23/03/2018, 16:23:42 UTC
hi;

i like this coin: https://coinmarketcap.com/currencies/chronologic/#charts

it has good supply. i think him price is sensitive like penis , cuz yesterday i observed, when it buy 70$ of it, price rise by 0.5$

if i buy it 10K $ amount then i should know, that price will rise at least 5$ , when it rise , I will again resell and I will stay with profit )

it is charismatic but it is so, how it looks

In the moment of your buy, more investors have probably invested in this coin or also something else happened. If that would be the case all the investors would use same technique and market would end in a ruin. There are telegram groups that are making the pumps and dumps on certain coins but there are many investors involved and not just 1 person.
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If you look at the price now you will probably see it has lowered again. You could do some arbitrage technique but that would require a lot of your time if you wish for a small amount of profit.