Its been three months since i was starting doing Crypto Currency, though it may not be a good experience to base with but i have something to say about on how we can pump the Market, may some of you wont agree to this but im only defending on my observation in the market.
Now if we want to Pump the price of any crypto currency to the moon, JUST let the Market Trade History Green not Red. Green indicates Buys and Red for sell, as i observe during my trades on the market of any crypto exchange if majority of the trade history is Green the price will go up but if majority is trade is Red the price goes down, so the solution is if you are a holder of that crypto in any amount, don't sell your hold crypto just set the price and let the buyer's buy it, because if you do sell it in the Bids orders it will only drop the price. All we need to do is collaborate with each other and keep the trade market history Green.
I hope a lot of people Read this post.
If you find this wrong then correct me write your comment with your own explanation i would be happy reading it.
#meritme!
You wont really receive a merit with this perception since the market doesnt really work on that way. Who would be the one would just make or set a sell order on top and let buyers took those orders? Come to think that anytime a trader can be a seller or buyer depends on the circumstances. A healthy market doesnt really move on the way you are thinking, its normal to have a zigzag way rather than on maintaining it on a single way or trend.Now if we want to Pump the price of any crypto currency to the moon, JUST let the Market Trade History Green not Red. Green indicates Buys and Red for sell, as i observe during my trades on the market of any crypto exchange if majority of the trade history is Green the price will go up but if majority is trade is Red the price goes down, so the solution is if you are a holder of that crypto in any amount, don't sell your hold crypto just set the price and let the buyer's buy it, because if you do sell it in the Bids orders it will only drop the price. All we need to do is collaborate with each other and keep the trade market history Green.
I hope a lot of people Read this post.
If you find this wrong then correct me write your comment with your own explanation i would be happy reading it.
#meritme!