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Author Topic: Is the altcoin market being manipulated in 2020?  (Read 1091 times)
Chainsmokers
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January 14, 2020, 04:06:03 PM
 #61

It will depend on person to person, i think altcoin is good way to gain more profit as they are easily manipulated by big holder so you can find gap in pump and dump to gain good profit. Previous year was a little disappointed as we have not seen expected rise in altcoin market but this year i think we may see rise in price as btc will rise this year.
That is what is expected of all people who hold altcoin where the increase in the price of bitcoin is a good start and maybe slowly the price of altcoin will also increase and provide good news for all of us or arguably provide benefits for those of us who hold the coin. For the time being, I think we should look for strategies or opportunities from several coins that we think have the potential to make a profit.
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January 14, 2020, 04:13:13 PM
 #62

Manipulations have always been and will be and this is not only in the crypto sphere. I really hope that erc-20 will move off the ground in 2020 but I prefer to trade bitcoin and ether.
WalkerIVIV
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January 14, 2020, 04:31:00 PM
 #63

Nothing has changed until now, And I think the manipulation is even worse now.

Especially those tokens that are not really useful here in the market, and are still listed on the exchange to victimize newcomers and even pump and dump participants in the TG group.
Im not sure about that but when you are taking the data from cmc and it's fully manipulated but when you are trying to take it from another source just like coingecko and it seems to be the fact.
Nothing change and the market is still being manipulated but about how worst is it still can't be determined yet.

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January 14, 2020, 04:44:21 PM
 #64

In this year 2020 I'm not sure if the market is still being manipulated, and it is still safe to trade in ERC20 tokens, but make sure that is not a new token that you trade because most of the tokens right now were struggling to go up.. It is hard to spot a good token better to trade in the top coinmarketcap.
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January 14, 2020, 04:54:32 PM
 #65

Manipulations have always been and will be and this is not only in the crypto sphere. I really hope that erc-20 will move off the ground in 2020 but I prefer to trade bitcoin and ether.

I believe this, for manipulation of the market will indeed happen but we do not know how much market manipulation for now. for me if I see and know that the market is being manipulated then I will distance myself from it because I will not take a big risk if I know the market is being manipulated.

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January 14, 2020, 04:54:57 PM
 #66

Market manipulation has been around for a long time, even before 2017. Until now, whales have been taking profits from bitcoin and altcoin and causing the price of altcoins to go down hundreds of times more than in 2017. I think the altcoin market has ended because people have lost faith in it. Or the whales will keep the altcoins going down and make the holder bored and sell them all. We can then see a new pump, but this speculation is not so feasible

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Visbay
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January 14, 2020, 05:04:11 PM
 #67

Currently, the cryptocurrency market is very easy to manipulate. Information or speech can greatly affect it. However, the crypto market is still small. I think it should be improved in the future. In the future, the cryptocurrency market will become very large. At the time I thought that the price of Bitcoin was very impressive. Looking forward to that time. I don't know at that time. Will I live free.
Indeed, the condition of price movements in the exchange is very easy to manipulate, but you have to know that bitcoin is very difficult to manipulate because the price is very expensive, so I think it will require a lot of money capital to be able to do things like that.
Yeah, no doubt bitcoin will never down it will increase more and more so keep calculating that year when bitcoin fell and that year when bitcoin was bullish I am sure you saw bitcoin at peak more than down. So no one can ever make bitcoin manipulated but we panic and price fall for a temporary time period that’s not a big deal at all.
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January 14, 2020, 05:22:06 PM
 #68

We have just entered Q1 in 2020, don't be too pessimistic just because the market situation is still weak. actually this does not cover all altcoin, if you are more careful there may still be many altcoins out there that still have good selling prices. my advice, you should think optimistically and not invest with altcoin which is difficult to develop or has no price growth at all.

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January 14, 2020, 05:25:41 PM
 #69

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?
You will be surprised how profitable altcoins will be when market recovers, it's no lie that almost all altcoins loses 90% of their values but this doesn't mean they will never recover again, my suggestion is to add altcoins with use case in your portfolio, you can never tell what will happen next

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MikeHogan
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January 14, 2020, 07:07:44 PM
 #70

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?

You're right about all 95%)

Yes, the alts market is manipulated as one of the stock markets, but it means that you can benefit from it.
By the way, I specialize in the search for regularities in pumps and discharges, as blockchain makes it possible to find correlations of these manipulations.
superstrength
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January 14, 2020, 07:14:03 PM
 #71

Everything will change in this year 2020. In my opinion, trading ERC-20 tokens is quite safe and you can get something else if you want, but consider carefully.
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January 14, 2020, 07:16:31 PM
 #72

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 will say always invest in top 10 altcoins. Nothing will change in 2020 as nothing has happen in 2018 or 2019 don't get your hopes too high. Investors are more experienced than they were before everyone is holding bags of alts and waiting to dump them

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January 14, 2020, 07:31:54 PM
 #73

altcoin has a lot of things that can happen and you should not stop caring about it because it might be your best chance. some projects have abandoned their projects but not all of them, this is a difficult market so we have to accept  Cool
Apinya_Anong1111
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January 14, 2020, 07:42:12 PM
 #74

The current tokens are very dangerous and cannot give us security and guarantee. Be careful and do not rely too much on projects, especially new ones. altcoins are the biggest risk and are being manipulated
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January 14, 2020, 07:56:02 PM
 #75

most ICOs were launched in 2017-2018 there are some successful coins / tokens in the market and there are also garbage coins / tokens that cannot achieve what is expected, if you want to invest in ERC20 coins / tokens you should understand the current market movements , so do not choose a coin / token that will harm you.
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January 14, 2020, 10:38:00 PM
 #76

It's very true that many altcoin project team members are only interested in dumping their bags on investors to make money, and not in the real sense to develop a product that will have a chance for adoption. However, I still trade altcoins, including erc20 tokens mentioned by OP, but not holding most of the Shitcoins for long term. I just pick 3 at most altcoins and hold. The altcoin market has high level of manipulation, that's true but this doesn't mean there are no decent projects. Some few projects are exceptionally good.
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January 14, 2020, 10:50:44 PM
 #77

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?

People do already lost interest long time ago on anticipating most of the new projects especially the ICO. But it does not mean that the altcoin industry is already over. STO and IEO was given attention for the past months and have taught some investors the importance of realistic expectations in the market. Altcoin is still has a lot of potential and opportunities to create something useful and valuable.

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cryptonewbie
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January 14, 2020, 10:54:03 PM
 #78

I think you first need to explain what you mean by manipulation here... Seems to me you just bumped and posted here as a newbie. I won't be surprised if the post is copied and pasted here.

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January 14, 2020, 10:58:51 PM
 #79

When it regards to market manipulation, there is no chance to make it over. We can't eliminate whales who are causing this market manipulation for a particular reason. Whales are still huge investors, quite it helps the market to grow compared to casual trader/investors. If we think that we don't need them, we have to think also what happens to us.
Believe me or not, manipulation will never have an ending story as the market still exist.
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January 14, 2020, 11:11:52 PM
 #80

In my opinion almost the majority of investors in the cryptocurrency world have started to lose interest in the altcoins market, it can be seen in
volume of altcoins has decreased. So far for altcoins there has been no change in 2020, although I know some of the altcoins has started to rise.
But not too different from 2019. And in my opinion it is still safe to trade in ERC-20 tokens, but to produce profit is still doubtful seeing current
market developments. My advice if you want to invest in altcoins, just choose the old altcoins that are included in the top ranked coinmarketcap.

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