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Author Topic: Is the altcoin market being manipulated in 2020?  (Read 1093 times)
DiasBian (OP)
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January 13, 2020, 07:08:30 PM
 #1

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?
sorrros
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January 13, 2020, 07:34:08 PM
 #2

Nothing changed, people are no more interested in investing into these tokens, so there isn´t any liquidity. Good example is IMVR token: https://www.coingecko.com/en/coins/immvrse - yesterday someone bought tokens for few dollars and price pumped by 5000%!  Roll Eyes

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January 13, 2020, 07:58:32 PM
 #3

No, the altcoin market condition hasn't changed in this year yet, but there is a possibility for sure! You can trade only the potential and high ranked ERC20 token which is listed on high security enabled exchange. There are many good altcoins in the crypto market but those are not ERC20, they have a different chain yet those coins have a high potential for this year. So, it's normal, there is no manipulation in the crypto market!

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batang_bitcoin
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January 13, 2020, 09:18:41 PM
 #4

We will eventually know about it. Generally, it's safe to trade erc20 tokens or any token that's into different chain. What you must be questioning is your ability to choose what to trade. This market has existed and then a lot of coins came to trade. Manipulation has been said to be there and we can't do anything if that's for real. And because there is manipulation, you'll stop trading? join their wave and get used to it so that you'll not be left behind if ever you are starting to think because of those circumstances.
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January 13, 2020, 09:33:05 PM
 #5


Most if not all are manipulated but I wouldn't say the prices wouldn't go up during the bullrun. Its being pumped and dumped.
We are always up to see adoption for altcoins and every day we see it happen mostly with the dapps related to gambling and some mobile games and this will attract investors now that BTC halving is also hyped.

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January 13, 2020, 09:54:13 PM
 #6

Do you think the situation has changed in the year 2020?  Huh
It is almost impossible to oppose manipulation in the current market conditions. We need a little more development in terms of value and regulation. Recently the main problems are related to the increase of fraudsters, the failure of new projects and the altcoin season.

Is it safe to trade ERC-20 tokens and is it possible to earn something else?
The project itself is more important in this regard. The token's success does not depend on its blockchain.
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January 13, 2020, 11:20:54 PM
 #7

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 is no change and all still remain the same and only so many good news about the interest from the regulators that will be coming from crypto.

It's still safe to trade your ERC token as long as you are using legit exchange site and if you are holding POS coin and it's still possible to earn something. you can also find more through the campaign too.


Nothing changed, people are no more interested in investing into these tokens, so there isn´t any liquidity. Good example is IMVR token: https://www.coingecko.com/en/coins/immvrse - yesterday someone bought tokens for few dollars and price pumped by 5000%!  Roll Eyes
A very very big gap between buy and sell orders. Just with a single coin buy order and that's enough to make it goes to the bus caused by IMVR is a scam token that created by scam project.

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January 13, 2020, 11:26:38 PM
 #8

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?
Erc-20 tokens are still safe to trade but not all is safe to hold because most of them is not active anymore. Manipulation is in the whole market not just with the altcoins and even in bitcoin so don’t think that altcoins is really bad at all. Come back now mate while the price is still down because there’s a chance for a pump this year, but we can’t tell yet.

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January 13, 2020, 11:33:31 PM
 #9

There are certain things that cannot betaken out of the crypto market, irrespective of whatever advancement or development we might be experience and one of such is the manipulation of the market, particularly by the whales. This is because there will always be weak hands to be used as leverage for them to make profits. However, there are promising altcoins and I am sure that whoever is patient will get reasonable profits from them.
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January 13, 2020, 11:44:09 PM
 #10

We know the truth about most of icos was launched in 2017-2018 gone shitcoins and scammed to investors so better to understand the current situation of crypto market and invest in top coin or tokens in crypto market it will safe for us otherwise will lose our investment if we select any wrong coins or tokens.

If you are holding best erc20 tokens with you then sure we can expect more in 2020 but it all depends on you holdings. I hope 2020 will be going to one more best year for crypto market.

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January 14, 2020, 12:16:51 AM
 #11

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?

Depends on what you mean by manipulation.

There is always manipulation to a certain degree when it comes to alt markets, especially when you look at the degree of influence that whales have especially with leveraged positions. Whether or not this becomes debilitating to the entire market for the coin is another issue.

For example, there are always going to be pumps driven by whales. But its market cap is too large for any pump and dump TG groups to be manipulating its price. These two could both count as manipulation depending on your definition but their nature is entirely different.
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January 14, 2020, 01:03:47 AM
 #12

Unfortunately the manipulation is still here as I've witnessed it more specifically those rather low trading volume altcoins that usually suffer from manipulation and the fact that it requires lesser resource to manipulate them. Even some of top altcoins could also be manipulated aswell and ERC20 tokens seem to suffer the most considering how many shitcoin deployed under Ethereum network which rather numerous and how low their trading volumes are. It's the downfall of ERC20 token after all.

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January 14, 2020, 01:04:55 AM
 #13

Depends to what degree you're talking about manipulation; if you're talking about blatant manipulation like pump-and-dump schemes that are mostly present in lower-cap coins, I'm sure they're still going on every single day though I don't personally keep track of smaller cap coins much.

The trading of ERC20 tokens is safe as long as you've determined that the projects are reputable in the first place. Even though we're largely past the time of massive ICOs and IEOs that sometimes catastrophically failed, there's still many low-quality projects built simply to earn the developers and owners money out there, and there likely will be for a very, very long time.
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January 14, 2020, 01:09:22 AM
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Depends to what degree you're talking about manipulation; if you're talking about blatant manipulation like pump-and-dump schemes that are mostly present in lower-cap coins, I'm sure they're still going on every single day though I don't personally keep track of smaller cap coins much.

The trading of ERC20 tokens is safe as long as you've determined that the projects are reputable in the first place. Even though we're largely past the time of massive ICOs and IEOs that sometimes catastrophically failed, there's still many low-quality projects built simply to earn the developers and owners money out there, and there likely will be for a very, very long time.
Manipulation is normal and it is in everywhere. It will not disappear and it is the reality. Avoid the altcoins that have low volume and low market capitalization "shitcoins" because it is prone to the manipulation of the whales. Whales are smart, they will pump a coin and it will have effect to the cryptocurrency community where the beginner trader will get hype and they will also buy. After that, it is the time where the whales will dump a certain coin.
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January 14, 2020, 01:22:01 AM
 #15

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 are only two weeks into the year so that is impossible to know, personally I do not really think that the market of altcoins is being manipulated, what we are seeing is that investors are very reluctant to invest in those projects because they know they are going to fail, and as an investor it doesn't really make a lot of sense to invest in something that you know that it is going to go down, and I personally do not see how we are going to get out of this crisis that altcoins are going through unless they improve a lot and somehow scammers get out of the market.
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January 14, 2020, 01:25:37 AM
 #16

I think altcoins will be always manipulated in terms of price moreover altcoin which new listed in an exchange, if the hype of the coin is good the whales must be pump it and make it looks like promising coins but in fact the coin was trash and they will dump it hard after a week or two
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January 14, 2020, 02:23:10 AM
 #17

I think altcoins will be always manipulated in terms of price moreover altcoin which new listed in an exchange, if the hype of the coin is good the whales must be pump it and make it looks like promising coins but in fact the coin was trash and they will dump it hard after a week or two
Altcoins are usually just a tool of making money and they will sell them all when they have a large profit because of this market they are not interested in the development of that project. I think if you know what they will do next, then surely you just need to follow them and buy the coins they choose. However, in order to do this, you must have a lot of relationships and a large amount of money.

If you can not make money this way, you should only trade normally because this year market will certainly increase very high prices if there is good news.

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January 14, 2020, 02:26:11 AM
 #18

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?
I dont think its still profitable to invest in any ERC20 token. Even ethereum been affected with too much tokens created and many tokens has been failed even they raised many funds on thier ICO , better to invest in altcoin with own blockchain than a tokens.

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January 14, 2020, 02:39:01 AM
 #19

The truth is you can earn profit from simple trading but you can’t consider it safe because holding it longer will not guarantee you profit even your holding a good coin. Just try to observe the market, bear in mind that everything has tendency to dump.
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January 14, 2020, 02:39:44 AM
 #20

We don't know for sure but i think is not, now interest in new altcoins drop and people search to invest in bitcoin or to invest only low amount as they don't risk as on past and also we not have same market volume for altcoins as was in 2017.
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