Is the altcoin market being manipulated in 2020?

lisasteca

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Quote from: DiasBian on January 13, 2020, 02:08:30 PM

Hello There! Wink

At one time, I stopped being interested in the altcoin-markets because of the situation there. Famous projects were dropping their bags off to gullible investors to get even more money.

Do you think the situation has changed in the year 2020? Huh

Is it safe to trade ERC-20 tokens and is it possible to earn something else?

All market is manipulated even BTC, can immagine all other altcoin, what i can suggest you is to stay away form trading or the best is to buy a coin and hodl for a long time.

sisule

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we can eventually understand approximately it. usually, it is secure to trade erc20 tokens or any token that is into different chain. What you ought to be thinking is your potential to select what to trade. This marketplace has existed and then a number of coins got here to exchange. Manipulation has been stated to be there and we can't do whatever if it's for real. And because there's manipulation, you may forestall buying and selling? be part of their wave and get used to it so that you'll now not be left in the back of if ever you're beginning to think due to those situations.

Sri rahayu

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Quote from: Divinespark on February 19, 2020, 08:28:49 AM

Altcoin and the entire market has been manipulated since its inception. To be honest, this market is controlled by the whales and the prices will go as they wish. So in the future the price could go up very high or it could easily collapse if the whales wanted it. And we can do nothing but follow their waves

In other words, did their technological development have no effect on price? and whether we have to follow the whale waves if the tokens or coins we hold have the potential for the future?

thiscomm

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in my opinion the security of assets, whether ERC-20 or other types of crypto, is within our control. the more we are consumed by sweet talk to get crypto in an easy and fast way it will make you fall into the Scam program trap. conversely when you are more careful when choosing and deciding to buy or invest in it, maybe you will get a profit. my advice you should invest in famous altcoin like ETH or binance.

Vishnu.Reang

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With so many exchanges in operation, it is really difficult to manipulate the exchange rates now. However, there are smaller coins and tokens, which are being traded in just one or two small exchanges. And in this case, it is possible to manipulate the order book (either through legal means or through illegal methods). One example that comes to my mind right now is that of IOUX.

Divinespark

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Altcoin and the entire market has been manipulated since its inception. To be honest, this market is controlled by the whales and the prices will go as they wish. So in the future the price could go up very high or it could easily collapse if the whales wanted it. And we can do nothing but follow their waves

fib1012

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This altcoins manipulation will never stop, this will be continues up till our market gain more investors and gain more volume this manipulation is because of a few people from the world is here but other not.

Iyeman

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Quote from: Psalms23 on February 18, 2020, 07:13:58 PM

I think manipulation of the altcoins is always been there. I have been skeptic since I started to hold altcoins. That is why there are bull run and suddenly coins dropped after that. You cant really predict anything in crypto.

The manipulation will always exist whatever the time will be considered about we have a bunch of the wash trading exchange site and we aware if this will never be stopped until there will be a regulation.
Some times this manipulators were dropping the price of the coin but it's not always how actually the market works as there was also a lot of trusted exchange sites too.

Blue_oxen

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Quote from: Psalms23 on February 18, 2020, 07:13:58 PM

I think manipulation of the altcoins is always been there. I have been skeptic since I started to hold altcoins. That is why there are bull run and suddenly coins dropped after that. You cant really predict anything in crypto.

This market always surprises us and is certainly being manipulated by others, so even a small mistake can make you lose money in this market. I think currently should only invest in a few coins in top 10 CMC to make a profit as these are safer options and will follow the rise of Bitcoin. Beside, this year is also the year that the altcoin season can return again so this is a very good opportunity for you.

Psalms23

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I think manipulation of the altcoins is always been there. I have been skeptic since I started to hold altcoins. That is why there are bull run and suddenly coins dropped after that. You cant really predict anything in crypto.

flagpara

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Quote from: DiasBian on January 13, 2020, 02:08:30 PM

Hello There! Wink

At one time, I stopped being interested in the altcoin-markets because of the situation there. Famous projects were dropping their bags off to gullible investors to get even more money.

Do you think the situation has changed in the year 2020? Huh

Is it safe to trade ERC-20 tokens and is it possible to earn something else?

Other coin or other blockchain coin also safe, not just safe ERC-20 tokens. You know all ERC-20 can't be trust all time. To recover whole cryptocurrency this year time isn't enough, next year also need to complete recover. Older than new fresh coin could recover price in this year.

Ashong Salonga

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Quote from: DiasBian on January 13, 2020, 02:08:30 PM

Hello There! Wink

At one time, I stopped being interested in the altcoin-markets because of the situation there. Famous projects were dropping their bags off to gullible investors to get even more money.

Do you think the situation has changed in the year 2020? Huh

Is it safe to trade ERC-20 tokens and is it possible to earn something else?

We still cannot jump into conclusion because we are just up into the early stage of this year 2020 and we can expect that there are still lots of possible things to happen this year that might trigger something good to happen which we all do want to have. Well, this year do really have a good start because days after the new year have entered our calendars, the price of Bitcoin rises up from a dip of $3,500 from 2019 and rises up into $9,000+ until the end of January which is a good indication that possibly something good will happen. Maybe the change we all have been expecting will come providing us greater opportunities and benefits which we all deserve after our experiences in the downfall wayback 2019.

cryptothreads

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Quote from: princecharles on January 23, 2020, 12:05:09 AM

In my opinion, nothing seems to have changed. The Cryptocurrency space is getting more vulnerable and gullible investors are consistently been cheated by the project team and tokens are dumped at the slightest opportunity. The best way out is to learn from your experience and past mistakes.

This market is really risky and not all coins can increase prices steadily during this time. I think it is advisable to research carefully before deciding to invest because even a small mistake will make you lose a lot of money.

Currently the crypto market is heavily manipulated, so it will be difficult to predict. However, I believe that by 2020 altcoin season will soon return and everyone will be able to make a high profit if this happens.

T.A.G.

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It really depends which exchange you are referring to - if the exchange enables you to place buy and sell orders for the same value, then yes, there is manipulation.

Of course in saying that you would have to compare to another exchange and note the price variation from one exchange to another of the same coin.

drachman

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Quote from: Sithara007 on January 22, 2020, 10:39:18 PM

Quote from: valuater on January 19, 2020, 12:15:15 PM

Trading ERC-20 tokens at this time in my opinion is still safe as long as you are not trapped by garbage tokens originating from there, oh yes, some tokens that came from there have been many who have switched and started using other platforms and also some of them make their own mainnet and in my opinion, instead of staying focused on ERC-20 why don't you try the tokens from mainnet that are just circulating? because this is very interesting.

There are thousands of ERC-20 tokens right now and searching for tokens that are suitable for investment would be like looking for a needle in the haystack. In the past, I had invested in several of the ERC-20 tokens, including TMT (Traxia Membership Token), WPPTOKEN, REPME, Mozo Token, and BitScreener. But none of them gave positive returns. IMO, it doesn't matter in which platform the token is being traded. All it matters is the viability and continued development.

There was a time in which people were really excited about investing in all kind of coins since many thought those coins were going to be the future of the market but we know now that is not going to happen, the future belongs to bitcoin and other coins like ethereum, any new coin that wants to compete will have to deal with the first mover advantage that other coins have and that at this point it seems impossible to reverse, as such it is better to save your money since there is no point in investing in those coins anymore.

posi

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Quote from: anjiitem on January 23, 2020, 12:45:17 AM

Quote from: princecharles on January 23, 2020, 12:05:09 AM

In my opinion, nothing seems to have changed. The Cryptocurrency space is getting more vulnerable and gullible investors are consistently been cheated by the project team and tokens are dumped at the slightest opportunity. The best way out is to learn from your experience and past mistakes.

Everyone certainly has to learn from the experience and mistakes they have made and this is something that can be used to increase knowledge about cryptocurrency and it is true that cryptocurrency is vulnerable or it can be said that investing in cryptocurrency always has risks and new projects that can be said to be lacking has the potential to benefit.

Every great opportunity was said to have great risk but scam issue happening within the ICOs and IEOs realm doesn't mean cryptocurrency market or investment is vulnerable when people can completely avoid the risk in crypto investment by just asking question on here rather than be greed and been blind by hype used by new project owners.

anjiitem

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Quote from: princecharles on January 23, 2020, 12:05:09 AM

In my opinion, nothing seems to have changed. The Cryptocurrency space is getting more vulnerable and gullible investors are consistently been cheated by the project team and tokens are dumped at the slightest opportunity. The best way out is to learn from your experience and past mistakes.

Everyone certainly has to learn from the experience and mistakes they have made and this is something that can be used to increase knowledge about cryptocurrency and it is true that cryptocurrency is vulnerable or it can be said that investing in cryptocurrency always has risks and new projects that can be said to be lacking has the potential to benefit.

princecharles

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In my opinion, nothing seems to have changed. The Cryptocurrency space is getting more vulnerable and gullible investors are consistently been cheated by the project team and tokens are dumped at the slightest opportunity. The best way out is to learn from your experience and past mistakes.

Polar91

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Filipino Translator 🇵🇭

We often think and ask what factor influences that market very hard, we always think of possible reasons why, but we frequently fall to one conclusion which is the demand. In economics, demands drives the market price of goods and currencies. In case of crypto, demand for bitcoin is getting higher and higher but what is mysterious is the theory created which is, the altcoin market following the trend of bitcoin in which in my opinion, is having a deeper technical reason why. Most of the time, if we see bitcoin rising, the concept of it to attract altcoin is our instrument to buy altcoins. We often convert stable coins and choose the best possible altcoins to invest but you know what? These choices and decision still falls to the concept of demand and supply that makes it possible for altcoins to look manipulated not just in 2020, but all the time.

Apened

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Quote from: DiasBian on January 13, 2020, 02:08:30 PM

Hello There! Wink

At one time, I stopped being interested in the altcoin-markets because of the situation there. Famous projects were dropping their bags off to gullible investors to get even more money.

Do you think the situation has changed in the year 2020? Huh

Is it safe to trade ERC-20 tokens and is it possible to earn something else?

There's is no guarantee to have a safe trade but to think about it we can earn if we know what kind of ERC-20 is good to trade which is volatile and have a good overall performance, it is always good to trade as long as we know how to ride the trend and exit as soon as we make profit and being happy with it. All markets have its own manipulators that's the truth for me.

Topic: Is the altcoin market being manipulated in 2020? (Read 1148 times)