I saw an article on Cointelegraph just now which I will like newbies to read. I do not think those that have been in trading should read it but you will also gain from it.
This is the article based on opinion: https://cointelegraph.com/news/crypto-market-manipulation-schemes
It is about crypto market manipulations which was said on the article to have began since the first crypto exchange existed many years ago.
I am active on many exchanges and I see coins that are manipulated almost daily. The more the exchange list more coins, the more you will see more manipulations.
Also most low marketcap coins are very easy to manipulate and they are the ones that the manipulators mostly visit. Those slightly high and high marketcap coins are still not completely resistant to manipulations but low marketcap coins are the riskiest.
Nothing new!This is the article based on opinion: https://cointelegraph.com/news/crypto-market-manipulation-schemes
It is about crypto market manipulations which was said on the article to have began since the first crypto exchange existed many years ago.
I am active on many exchanges and I see coins that are manipulated almost daily. The more the exchange list more coins, the more you will see more manipulations.
Also most low marketcap coins are very easy to manipulate and they are the ones that the manipulators mostly visit. Those slightly high and high marketcap coins are still not completely resistant to manipulations but low marketcap coins are the riskiest.
We do know that the ones who do make out money on this one is the exchange itself and with those manipulators too but considering that exchangers are also one of them. We cant be able to deny that low caps do have that very attractive way on having that opportunity for you to be able to make that huge amount of profits but of course it will be also having that on the same risks too when it comes on losing money too.
We've seen those one pump and then dump forever until it do get delisted and this is where you should be that careful on dealing up with these, but surprisingly there are those investors or buyers who do tend to risks out despite of the risks level on which its understandable because you will be that attracted when it comes into the potential earning.
Manipulations are part of the a market on which its inevitable as we do say because there will be those who are financially capable on which they will be trying out to take advantage of that capability on which for us small time traders then the best approach would be is that we do know on how to go with the flow and be wise and be attentive on when to get in and on when to get out. I could also say that it will be needing up some sort of luck when it comes into this aspect because choosing up on which low cap coins will be definitely be pain in the ass considering on how many coins that you do need to choose on.
