Post
Topic
Board Altcoin Discussion
Re: Altcoins with 1000% Plus Profits
by
viananda2525
on 28/08/2020, 18:16:50 UTC
Hey Guys,

Can someone explain what are these altcoins and what is the exact reason of so much growth in just 24 hours?
Are they scam or legit? Thanks.

Image:

Well, after I investigated the coins I saw they were low volume and listed on a small exchange.
Keep in mind, the smaller the volume the easier the price will be to manipulate.
For example, you can buy at $ 1 and sell it at $ 10 and you who buy it at $ 10 will make the price go up to 1000%.
its clearly manipulate by fake order . coins with unrational growth in a day should not bought.we must becarefull when see this kind coins , many beginer trader trapped on growth percentages only, they didnt match it with trading volume and buy or sell order. better to leave this project and used our money into major coins only.