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Topic: Why crypto market is volatile - page 13. (Read 15787 times)

sr. member
Activity: 826
Merit: 250
March 07, 2019, 01:45:51 AM
#4
Hey, I have some moderate experience over this crypto world. Why the market is extensively volatile. Alike traditional market does crypto too impacted of many major changes.
Because most of altcoins can be moved up or down with a small funds, so price in one day can make a large volatile moves and such thing is attracts many of  speculators.
legendary
Activity: 2296
Merit: 2721
Top Crypto Casino
March 07, 2019, 01:27:36 AM
#3
One word: whales.
There are people out there who own an considerable amount eg. Bitcoin. They can manipulate the market in their own favor, especially when it comes to low market volume coins.
hero member
Activity: 2520
Merit: 952
March 07, 2019, 01:22:48 AM
#2
Probably due to low marketcap of whole crypto industry, it's easy to manipulate such low volume market when you have money (there is also media manipulation).
member
Activity: 420
Merit: 19
March 07, 2019, 01:06:53 AM
#1
Hey, I have some moderate experience over this crypto world. Why the market is extensively volatile. Alike traditional market does crypto too impacted of many major changes.
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