Is the altcoin market being manipulated in 2020?

[hello_good_sir]

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.

I wouldn't say that it's necessarily getting worse, but it's definitely still a problem that is present.

I remember back in the day there were a lot more of these active TG groups pumping and dumping coins on a daily basis. I actually see a lot less of these happenings these days. Perhaps I'm out of the loop, but it's difficult to manipulate the market in a bear market since there isn't a lot of movement to play around with for the manipulators.

Pump and dump groups are only one way of manipulation though. There could be institutional manipulation as well, although I doubt that's going to be a huge problem given that BTC is decentralized and there isn't a whole lot of institutional players in the scene yet.

[devillnj2.1]

manipulation in some altcoins is really bad, yes some people manipulate the price of altcoin for their own interest, but not all altcoins, some altcoins have real project and the token have real case use, you just need to double check or more before you invest, some altcoins can give you real profit, some not for short term but surely in the long run.

[mrdeposit]

manipulation in some altcoins is really bad, yes some people manipulate the price of altcoin for their own interest, but not all altcoins, some altcoins have real project and the token have real case use, you just need to double check or more before you invest, some altcoins can give you real profit, some not for short term but surely in the long run.

Whether the project has a real product or not, it is not difficult to manipulate most of the coins/tokens other than stablecoins in this market. Even someone with enough money can manipulate btc. And there is nothing we can do about it. Regulations by great powers may counter it, but we still have to wait for it.

[DiasBian]

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'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.

What do you mean?
Are you tracking something?

[Thomas-s]

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.

investor interest in altcoins has not disappeared. it has always been and will remain very high because altcoins are a very good tool that allows you to earn the very big money, but investors simply always try to choose the right time for investments and therefore they did not want to do this in 2018 and 2019. Investors are waiting for signs of real growth

[tranduong123]

In the past, I had never intended to trade low volume tokens. They are easily manipulated by groups, even their developers can dump at any time. And by 2020 I think that will not change either.

[redsun114]

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

Just understanding the technical analysis won't be enough to make profits from the short term markets in the bearish trend as the prices might quickly drop in such markets without giving you any profits and may surely land you in loss. That is the reason why I rarely suggest anyone to trade in the bearish markets for short term.

If you have the ability to speculate the markets most of the time and also if you have some advanced knowledge about the strategies and patterns than you can surely make profits from the bearish markets but if you don't, you should stay away from such markets. crypto markets are a lot volatile which might even depict the price more than it's half of the current value which would never land you up in profits.

[Kersh768]

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?

Due to the recent happenings that includes ICO projects which most of the Altcoins we know as well as those that existed in the market came from, which includes scam and failed projects, people are suddenly losing their interest of getting into Altcoin which makes it to have a bad impression specially for the newbies that are avoiding to invest into Altcoins so they mainly focus their attention in just getting into Bitcoin. We are just getting started in this year 2020 and this was still too early to conclude if the situation has already changed or not for the Altcoin market. But there could be a possibility that the bad impression about Altcoins will change once people realize that not all Altcoins are bad because there are still existing once that are good and have the potential of growing and be profitable. People have just lessen and diverted their interest from Altcoins to Bitcoin due to bad happenings and the sudden drop on prices of the Altcoins that exist in the market but if that scenario will be changed into something good this year, probably, Altcoins will regain the interest of the investors and the Altcoin market will soon to be lively again.

[mr_random]

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?

The altcoin HODLers shouldn't feel bad for the dirty games of manipulators, there will be worse situation in the future. The low marketcap altcoins have no real use case and the whales have bought the big bags of coin during the token pre-sale. I suggest looking at the promising top altcoins for better results. Earning depends on trading skills and market understanding.

[Swordsoffreedom]

Crypto market takes hours to turn around. Bitcoin SV doubled in one single day before starting its downward journey. The problem with alt coin is that they only go up when bitcoin goes up. We haven’t seen any alt coin season that is free from bitcoin up word moment. I don’t recommend ERC-20  tokens rather choose some solid altcoins like eth, litecoin, bitcoin cash.

[Febo]

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?

What we saw in last few days with  Bitcoin Gold, Bitcoin SV, DASH,and Bitcoin Diamond it for sure is. Whales are coming back to play. Thy of course pick coins that are easier to market manipulate.

[djgtr]

If we can see any changes if the market of altcoins and bitcoin will still dominates the current increasing demand, I don't think there's a manipulation of altcoins in 2020.
Possibly from previous year 2019, that might be manipulated but I don't think so its going to better this year. How long the bear market for altcoins could sustain the ongoing recession of less valuable coins.

[hahay]

I don't trade too often for ERC-20 tokens because I just feel it is very risky though indeed, sometimes it will be very beneficial at other times but it only lasts a few hours and not an increase in the long term. Don't know whether it is recommended or not, but when you consider it to be a manipulation it will provide a conclusion about no market being spared from manipulation.

[#Darren]

I believe that it was always being manipulated, from the very beginning and nothing will change in the upcoming years. Whales will still earn on regular traders, maybe even this big green jump is nothing more than a fake.

[Rasa nanas]

no one knows whether the market is being manipulated or not. It seems that the current market conditions are not much different from last year's conditions, it means the market conditions have not changed until now. to avoid the worst events it is better for now that you have to choose a large altcoin such as ETH BNB and XRP for investment.

[No One]

For me, it is always safe to buy and trade coins of trusted projects. What you need to get profits is you should have trading knowledge. Many people do not know how to trade, thus resulting in a loss. You can find tutorials on the internet about it. On market situation, the market is predicted to be getting better over time with the adoption of cryptocurrency.

[SquallLeonhart]

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?

I do not really think that anything has changes so far. It is reliable to trust the ERC20 tokens as long as the firm behind it is trusted. Creating a ERC20 token is not at all a difficult task so there are a number of fake tokens in the market who has diversified the faith amongst the investors but if you really have the potential to spot a real project and invest into it than the chances of you making higher yields there is greater.

Moreover, by participating in some of the reputable bounties, you can make great benefits so it is nothing like we should not trust the ERC20 projects also as per the market study we can see that there are comparatively greater amount of investors in the market in the current year as compared to the previous years and it itself shows us the profits.

[novaprime]

I don't trade too often for ERC-20 tokens because I just feel it is very risky though indeed, sometimes it will be very beneficial at other times but it only lasts a few hours and not an increase in the long term. Don't know whether it is recommended or not, but when you consider it to be a manipulation it will provide a conclusion about no market being spared from manipulation.

All coins in this market can be manipulated but in investing you need to have a strategy to survive and certainly this is not an easy place to make money. I think by all means you have to secure your assets and stay away from the high risk coins. Crypto market in recent days has had a very surprising price increase and this makes me more suspicious as it is possible that in the next few days the whales will sell them all, causing the market to collapse once more.

I don't have much hope when investing this year but will invest long term in some coins in top 10 coinmarketcap because those are very safe choices for everyone.

[coinfinger]

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?

That’s how the case has always been for alternate cryptocurrencies, they are mainly a disappointment. The only cryptocurrencies that don’t disappoint are Bitcoin and all the top altcoins. There are lots of new projects that are being released every time and most of them at then end they fail. This is what is causing a lot of people to be giving up on all these new tokens.

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 don’t think there is going to be an end of manipulation in the market, as long as it’s a volatile token or coin, it will always be manipulated. Cryptocurrencies are mostly decentralized, there is no Central control unit, so people can do whatever they want to do.

[drachman]

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.

It is obvious the market of altcoins is being manipulated by the whales especially when it comes to the coins that have grown more than 50% during the last days since there is not a reason for that growth, many think this is the beginning of an altcoin season but when the growth is so fast most of the time the price has a tendency to go down just as fast as it went up and the people that bought at the top are the ones that are the most affected by such crash.