Quote from: EarnOnVictor on Today at 03:33:40 AM

Quote from: CypherMonk on November 30, 2024, 12:21:05 PM

Recently, it's become a concern that crypto whales can manipulate the market. Does this apply to altcoins only, or can these crypto whales manipulate all coins, including those with a higher market cap?

I've always known this as one of the concerns in the crypto market. This is not only being done by the whales but also the developers of some coins/tokens, they are keen to manipulate it and continue to reap people off their money. Bitcoin was manipulated in the name of being "whales" before it reached this current state of liquidity. By nature, any asset with low liquidity can be manipulated, so I still do not trust the assets that have thousands, millions and even a few billions of dollars in liquidity, they are all susceptible depending on the financial power of the syndicates.

Yep. You either have faith in them or you lose funds trying to do so Grin

So in order to invest - you need to have clear facts and metrics that the coin / project won't be rugged on a whim.