Is the altcoin market being manipulated in 2020?

[BlackFor3st]

Hello There! 

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

It will always depend on how you are going to do it. If you have patience, like you can wait for the bull market even if it will not happen this year then you can surely earn in the right time.

And this time is your chance to grab whatever tokens you would like to stock up but make sure that you stock a tokens that has a less risk like top 50 in coinmarketcap because more than of that is a little bit riskier. Right now that the demand is not yet widespread then it is very easy for big whales to manipulate the price of the market and we can't do a thing of it base on the demand as we don't have the power yet to stop those big whales on what they would like to happen in the market.

[Johnyz]

Trade on any coin that you are comfortable with, don't just trade because its a shit or good coins that's not a good basis at all. Traders can consider every coin but of course you don't have to be active on that and traders don't focus too much on manipulation because they want to see the real price action. Manipulators is powerful, exchanges are also involve on this one, traders must know how to ride with the manipulators.

[Doell]

of course I don't know ,I think market manipulation is a factor that might benefit you when trading daily and manipulation is not there actually they use strategies to get profits and you as a businessman should be able to take the opportunity in that moment ,actually it's also hard to predict especially in the low volume altcoin section all trade carry risks and you certainly realize as a trader ,hope it will help you

[3la9l_kolbaCa]

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.

The unpredictable behavior of each crypto market can't be controlled and it's going to be more volatile crucial as the days got older. Although it's not yet guaranteed to have it as long term investment, someday it will turn a sustainable asset that gains a good profit in return. Demands is more important in every coin, that's why it's now starting to increase so I don't think manipulation is working all over.

[topbitcoin]

Hello There! 

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

For altcoin there might be manipulation happen because in my opinion, altcoin market not big as bitcoin volume market so it is possible for it's price to get manipulated in market. But for bitcoin, maybe kind of manipulation is like create news that really affect on investor.

[bitvalak]

Manipulation is a natural thing in trading, as long as manipulation does not change the price of the token with a large difference between one exchange with another.
You have to get used to it, when there is manipulation that's where the momentum you can use to get profits. Without manipulation the market might not be as active as you see now.
In general manipulation is only used to increase trading volume so that more people are interested in trading. 2020 will still be fine for the altcoin trading market.

[biddicoin]

Market hasnt changed at this time. But it is still possible to change in the future
Many people believe that altseason will come, but I dont know what will exactly happen

Actually, no matter how the market is, there is chance to get profit from market
Even in this bearish market, you still can get profit by doing 'short selling'. Just make sure that you understand enough about TA and money management

[coin_1122]

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.

Exactly, we don't know what is going to happen, but whenever the price of Bitcoin increasing, it is affecting the price of an altcoin. If the price of Bitcoin is kept increasing we might see more downtrend for the altcoins but everybody from the market is kept saying we have already touched the bottom.

[kaneki007]

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!

I think it's still too early to say that because it's still early in the year, maybe in a few months it could be that altcoin will improve. And for the erc20 token it is very difficult because there are many projects and competition is fierce because most of the concepts are the same.

[maydna]

Hello There! 

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

We do not see a significant change in the market, but the crypto market is trying to move slowly. Bitcoin and altcoin have trying to lift the price, and although it needs a long time to back to the higher price, it will go right there. I don't know about that, but I think it is safe to trade ERC-20, and you can earn money from that. But the safest thing that you need to know is how to secure your wallet and not the trade because you trade on the exchanges, which I am sure that they will protect their exchange from the attacker. The ERC-20 tokens itself still not moving to the higher price, and like the altcoin, that tokens need to wait for the bitcoin moves so, they can start to increase.

[cotton ball]

Hello There! 

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

You can manipulated and make some coin price on you hand and how much price do you if you can buy all coin in market, when you have hold all coin supply you can take coin depend how much price do you want, if wanna be with higher price you can hold for long time and you can make coin down by your assets selling with lower price.

[salad daging]

erc-20 trading is still stable so far, you only have to be specific for what coins you want to trade, many well-known projects that care about price growth, I think manipulations like what happened to Matix in 2019 will not be repeated, they also do not want get a bad perception that is sustainable. This year is very different because the possibility of altcoin to dominate can occur as a whole.

[go1lo2va3]

erc-20 trading is still stable so far, you only have to be specific for what coins you want to trade, many well-known projects that care about price growth, I think manipulations like what happened to Matix in 2019 will not be repeated, they also do not want get a bad perception that is sustainable. This year is very different because the possibility of altcoin to dominate can occur as a whole.

Kinda agreed here.
But I'd like to add that you may notice that charts of btc and alts are quite similar.
I don't think that market somehow manipulated for every coin at the moment.
It is quite possible that every altcoin is following the biggest "fish" out there which is BTC obviously.
So you gotta understand when you invest in alts you're still affected by BTC's price

[inanilujimi]

Hello There! 

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

You can manipulated and make some coin price on you hand and how much price do you if you can buy all coin in market, when you have hold all coin supply you can take coin depend how much price do you want, if wanna be with higher price you can hold for long time and you can make coin down by your assets selling with lower price.

Yes you are right but the problem is not everyone can do it, only people who have large funds can manipulate the market.
Don't invest based on significant hype or spikes in altcoin before you do your research because you could be a victim of whale manipulation.

[Novatech8]

Hello There! 

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

Fee tokens are still good, in terms of their use cases i mean but many of them aren't worth it, no one wants to bag them anymore, now all i did was sold off all tokens i have and leave few good ones just in case market take good turn, i presently look unto bitcoin and eth only

[nicolas1979]

Market has same condition time by time and no one know manipulation is?. We know the meaning but how it works or detect no one know. Token and coin can be worth if have value and volume, until now is worth as long you know the strategy. Still safe and profitable to use ERC - 20 token, just use long term period for your strategy. It will much better because market still in sideways mode, up trend not yet started.

[reallester]

I doubt the altcoins are being manipulated.  I think its just their time to moon. A lot of dead altcoins that I have seen are beginning to rise. Hence I think it's not manipulations. Just their time to recover.

[BitDane]

Hello There! 

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

Nope, market situation is still the same.  Whales manipulating trades, exchanges participating in pump and dump, youtubers being a paid shills.  This thing continues.  As of trading ERC-20 token, I think it is ok just make sure that you can see the pattern of the market and buy low sell high when you see it.

[denasha92]

You will always see the manipulation in altcoins anytime. It won't stop. even the biggest and famous market/exchanger still do that. There are a lot of fake pump and dump in some market. If they successful to manipulate some altcoins, it will attract some investors or trader.

[Amel]

In my opinion it depends, yeah it depends on what tokens will be traded. I see this from the fact that in the past two years many erc20 tokens have become shitcoin. Alright, let's look at the top 100 tokens by cmc, there is UNUS SED LEO which is in the second position of the top token and is in the fifteenth position in the top crypto by cmc. There aren't even tokens that are in the top ten cryptos in cmc, so whether or not it's safe depends on you choosing the token for trading.