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?
While market manipulation is considered negative by many, some consider it a strategy for their business. Market manipulation is a very familiar term in trading platforms or financial fields. If someone does such a thing for profit then there is no chance to call him guilty. Because trading involves buying at low prices and selling at high prices. However, it is not possible to control the market in any way without a large investment in any such work. Therefore, it is not possible to control the market in the case of an individual investor. However, if a group of institutional or whale investors try to manipulate it, they can be somewhat successful. Moreover they can take some advantage from the market if they want by following the market trend and by providing some fake news.