Coins being manipulated by crypto whales

SquirrelJulietGarden

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Quote from: CypherMonk on Today at 07:21:05 AM

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?

All markets have whales and they have main interests in manipulate markets for getting profit. Cryptocurrency market is smaller than many traditional market, and Bitcoin dominates this market. If you want to talk about manipulation with altcoin market, it is more easily than with Bitcoin market, because altcoins are centralized and have smaller market caps than Bitcoin.

Quote from: Botnake on Today at 07:27:19 AM

In fact the government have already active on it with this initiative.

The FBI secretly created a coin to investigate crypto pump-and-dump schemes

In the past, there are some reports against Centralized exchanges and their shady operations with Wash Trading Volume.

Bitwise Tells US SEC That 95% of Volume on Unregulated Crypto Exchanges Is Suspect

Coin_trader

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Quote from: CypherMonk on Today at 07:21:05 AM

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?

Is market manipulation is still real on crypto? I mean maybe on low market caps coin this is possible but on crypto like Bitcoin and other top cryptocurrencies it’s impossible to manipulate the price now unless you are a billionaire.

News manipulation is possible to create FUD or hype but I doubt price manipulation through trading is still happening on most of the cryptocurrency with huge marketcap.

Crypto is just volatile due to the nature of crypto traders to frequently trade whenever there’s a trend in the market.

CageMabok

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Quote from: CypherMonk on Today at 07:21:05 AM

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?

Whales who have a lot of capital to enter any market will indeed find it easier to do so at times like these, but you don't need to worry about it if you yourself don't have more coins that you currently hold. Because whales are also humans who continue to hunt for profits in the market at certain moments so that small people can still take advantage of the moment if the whales really want to make the market experience a price correction in most coins. I'm not too worried about the current conditions because big companies are still quite happy to buy Bitcoin and it could also have an effect on some other altcoins in the market later this year.

Dr.Bitcoin_Strange

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It's true that whales can manipulate the crypto market but it's mostly the altcoins that are easily manipulate because liquidity can be forced in and out just to kick out a lot of retail traders and investors off the market. High value coins like Bitcoin can also have a little price shift when the big player want to shift the market but it doesn't show so much significant effect the way it can be on altcoins.

CoinFoxs

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Quote from: CypherMonk on Today at 07:21:05 AM

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?

Definitely, coins being manipulated by big investors. Shit-coins are completely manipulated by those whales but coins with higher marketcap partially manipulated by them. They start investing in a coin together and when the decided price reach they all sell their assets and by this huge selling the price of coins drops.

Oshosondy

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Quote from: CypherMonk on Today at 07:21:05 AM

Does this apply to altcoins only, or can these crypto whales manipulate all coins, including those with a higher market cap?

All coins that are not bitcoin are called altcoins.

The more the market capital of a coin, the lesser can be the manipulation as more people will have the coin. But if the market cap is low, few people will have huge percentage of the coin which they can easily manipulate.

It is better you study the coins. I prefer just bitcoin. But coins with huge marketcap can not easily be manipulated. Even if there would be manipulation, it will not be significant.

Botnake

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Quote from: CypherMonk on Today at 07:21:05 AM

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?

Of course, manipulation is possible and happening based on my obseravtion being in the crypto world for a while..the altcoin market is more volatile compared to bitcoin, which makes it more prone to manipulation. Nothing you can do with that as that’s just how the game works, it’s a high-risk, high-reward type of investment. But if you want to avoid all that volatility, the best strategy is to stick with buying and holding some solid altcoins.

Manipulation can happen regardless of whether you’re dealing with a big or small exchange, and honestly, that hasn’t changed even now. It’s just something you have to keep in mind when diving into altcoins.

In fact the government have already active on it with this initiative.

The FBI secretly created a coin to investigate crypto pump-and-dump schemes

CypherMonk

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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?

Topic: Coins being manipulated by crypto whales (Read 45 times)