Quote from: Financial Freedom 4U on July 23, 2018, 10:59:27 AM

Quote from: Herbert2020 on July 20, 2018, 05:27:37 AM

pump and dump.
which is basically pure manipulation of the market. sometimes it starts with some sort of news which hypes the coin and leads to its pump. for example Stellar was listed on Coinbase (or is going to be listed?) and that hyped it up a lot and lead to a big pump of it.
but sometimes it is just pumpers picking up some random shitcoin and pumping it for short term profit.

Quote from: pureheart on July 20, 2018, 05:12:26 AM

And also why some exchanges have higher selling price and others have lower selling price. Can you share your thoughts?

price of altcoins are always the same with a very small difference on different exchanges.
if a difference occurs it will be resolved in a very short time because people either buy/sell that coin on the other exchange and bring the price to the same level as other exchanges or they arbitrage it to come to that level.
if you see a persistent difference then it means there is some problem with that exchange with different price.

Great answer. I am also very cauteous trading in this market due to the high risk of manipulation. Things like washtrading and spoofing are happening on a daily basis as there are no regulations. In other financial markets there is much less risks as these things are illegal. Its also much harder to do even if you play with millions. In the crypto market if one whale sells his position the token can decrease in price by double digits and newcomers get burned as they are not aware of this and think that everyone is selling and therefore better get out quickly

Thank you for your great information to me. It has a big help.
Maybe I'll study and learn more about trading and the market So that when the time comes, I'll be able to trade perfectly.

pureheart

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