Everyone wields different powers when it comes to business. Some say that cryptocurrency prices can be manipulated by wealthy individuals. Despite being decentralized, it seems that price movements can be controlled by specific entities.
So, in your opinion, can everything related to money in this world be manipulated? For instance, do you believe that the value of the USD or the largest stock market in the US can be manipulated by a few individuals?
What kind of people are capable of market manipulation?
Who knows, in the world of digital currency, maybe there is one, maybe not, but it definitely exists, yes. For investors or anyone else, it's best not to be easily tempted by impressive price increases in the short term (daily), without being supported by clear corporate actions and solid fundamentals, of course because in the digital currency market, the models and types of people vary in terms of goals and ambitions. .