Post
Topic
Board Trading Discussion
Re: Crypto Market Manipulation and Ways to Avoid It
by
GreatArkansas
on 26/08/2023, 03:50:54 UTC
  • Monitor Social Media and Forums: Keep an eye on social media channels and forums for sudden spikes in hype or positive sentiment. Manipulators often use these platforms to spread false information and create FOMO (Fear of Missing Out).
For me, this is very common among the list because as you can see even before there were a lot of ways to do it especially if you are a big personality on social media or you have some connection to popular social media users even some news platforms are being used to manipulate the cryptocurrency market.
I remember before there is 1 a cryptocurrency news platform that became indicator, like if this platform post something negative on Bitcoin, price of Bitcoin is pumping or vice versa.