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?
Of course, manipulation happens almost every second. But the thing is, while big "whales" might sway markets temporarily, major well know coins with high marketcap like Bitcoin bounces back and recovers from the manipulation easily. I mean, those coins are affected temporarily because of the decentralized nature of the market. It's the smaller ones, like meme coins and low market cap cryptos, that are super vulnerable to these kinds of manipulation. They can be easily manipulated and controlled. Stick to coins that everyone use, and maybe you might be able to take advantage of the manipulation...