Post
Topic
Board Altcoin Discussion
Re: How much damage done in Altcoin Due to these Pump&Dump in Bitcoin prices
by
mersal
on 13/02/2020, 18:23:01 UTC
Usually we all want to see Bitcoin pric go higher and higher in each single minuet, But this is painful that when BTC grown and we drop out portfolio. Basically Alt market comes in crypto for multipurpose but most of use involved in alt market for making our bitcoins double, triple or more than this.

Here is everybody knew about that whenever bitcoin make sudden move weather its base on any news or due to whales artificial price manipulation this cause huge damage done in both our portfolio and alt coins too.

I think this is very strong reason of alt market crashes and many of new investors harms too from this behavior of market.     
That is actually expected by whales by manipulating a certain coin's price in unexpected time.But the real damage done by weak hands not by the whales because they are urging to sell their altcoins to buy bitcoin which gets immediate effect on bitcoin bump and altcoins get dumped.