Post
Topic
Board Beginners & Help
Merits 3 from 1 user
Topic OP
Manipulation looks like
by
Imran232
on 18/09/2022, 18:02:34 UTC
⭐ Merited by DdmrDdmr (3)



I know all the members who are into bitcoin and crypto. We heard a sentence that whales are manipulating the market. Manipulating! It was a little confusing for me when I heard this the first time, but when I actually understand what actual manipulating should look like, there are lots of members who also want to know what it might look like to see that picture. And see the game how they played it 4 hours ago. They invested in knc worth 65+ btc, so they added value to knc, but it appears that they have already sold 52+ btc worth of knc after 4 hours. They are pumping and dumping the market price. This is how they actually play the game. Just think, you saw that the KNC price went up when they invested 65+ BTC, and after hours you saw a major dump on KNC after they sold 52+ BTC worth of KNC. Now we think yes, we got an entry point because it dumped, so it will pump again. But you might not have noticed that they are still holding 13+ btc worth of knc. So he can easily dump your fund, which means you invest in the price. Then they dump it again by selling their portfolio. You will panic and sell at a loss. They will again buy and play their usual game. I hope now you understand before investing or trading how much research you should have done and don't take an entry on a sudden pump and dump moment. Thank you so much if you understand what I actually wanted to tell you. Your comments will be appreciated by me.