Bitcoin Forum
November 08, 2024, 02:53:07 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 »  All
  Print  
Author Topic: Trading Bitcoin Question  (Read 317 times)
exceedinglife (OP)
Newbie
*
Offline Offline

Activity: 3
Merit: 0


View Profile
May 05, 2020, 01:57:39 PM
 #1

Hello everyone,

I have been wondering for quite some time now,
Is there a place whether it be a Forum, IRC Channel, or anywhere that many people go Traders, Hedge funds, Normal People, etc.
That people who own a lot of bitcoin go and all plan on saying we are going to sell at this price at x time or buy at xyz time.

When you see those Rises and Falls in the market at a specific time.
Where do people go to plan those?

I would love to get in on those actions and to join in on the trading on the specific times.
The more people that could be in on those actions the more the market could be controlled for that little bit of time,
and the more money all the people in on it could make together. Wink
mk4
Legendary
*
Offline Offline

Activity: 2926
Merit: 3881


📟 t3rminal.xyz


View Profile WWW
May 05, 2020, 02:56:34 PM
 #2

I don't think people "plan" those legitimately. If there actually is a sort of "whale group", I'm pretty sure the group would only consist of a select few people that can contribute in some way, not like those typical "trading groups" that are filled with random people.

On the other hand, if what you're thinking of is a "pump and dump" group, no. Just no.

» t3rminal.xyz «
Telegram Alert Bots for Traders
Paycoinzzz
Hero Member
*****
Offline Offline

Activity: 994
Merit: 503


View Profile
May 05, 2020, 04:01:49 PM
 #3

Hello everyone,

I have been wondering for quite some time now,
Is there a place whether it be a Forum, IRC Channel, or anywhere that many people go Traders, Hedge funds, Normal People, etc.
That people who own a lot of bitcoin go and all plan on saying we are going to sell at this price at x time or buy at xyz time.

I would love to get in on those actions and to join in on the trading on the specific times.
The more people that could be in on those actions the more the market could be controlled for that little bit of time,
and the more money all the people in on it could make together. Wink
It is considered price manipulation in the crypto market and it happens too often. but doing that is very difficult, you have to have a wide range of relationships and they are all guys who have a lot of money, I mean the money that can manipulate all the whales that get in their way .
This is a battle for the whales and it's also very tough. If you plan on creating such a group then you should give up. Small fish like us just make the whales richer. they have a system to know all the information of people, from which they can devise a reasonable plan to manipulate the whole market. The game is not as simple as you think dude Wink
rexxarofmoknathal
Sr. Member
****
Offline Offline

Activity: 980
Merit: 260



View Profile
May 05, 2020, 08:38:39 PM
 #4

Hello everyone,

I have been wondering for quite some time now,
Is there a place whether it be a Forum, IRC Channel, or anywhere that many people go Traders, Hedge funds, Normal People, etc.
That people who own a lot of bitcoin go and all plan on saying we are going to sell at this price at x time or buy at xyz time.

When you see those Rises and Falls in the market at a specific time.
Where do people go to plan those?

I would love to get in on those actions and to join in on the trading on the specific times.
The more people that could be in on those actions the more the market could be controlled for that little bit of time,
and the more money all the people in on it could make together. Wink

Unfortunately, although you're asking the right question, there is no such Legitimate place. There are however small groups, on Telegram and similar social media platforms attempting this but often is characterised by people in the same boat as you. I'm afraid there isn't a easy to go to place where you can learn how/when to buy/sell. Trading in itself is a learn built experience...





BUY & SELL
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
BITCOIN ETHEREUM RIPPLE
FAQ
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
AFFILIATE PROGRAM




░██████████████████░
████████████████████
█████████▀░░░███████
█████████░░▄████████
███████▀▀░░▀▀███████
███████▄▄░░▄▄███████
█████████░░█████████

█████████░░█████████

█████████▄▄█████████

████████████████████

░██████████████████░
░██████████████████░
████████████████████
████████████▀▀▀█▀███
███░▀█████▀░░░░░▀███
███▌░░░▀▀▀░░░░░░████
████▄░░░░░░░░░░░████
█████▀░░░░░░░░░█████

██████▄░░░░░▄▄██████

█████▄▄▄▄███████████

████████████████████

░██████████████████░
░██████████████████░
████████████████████
████████████████████
███████████▀▀░░▐████
███████▀▀░░░░░█████
████▀░░░▄█▀░░░▐█████
█████▄▄█▀░░░░░██████

███████▌▄▄▄▐██████

████████████████████

████████████████████

░██████████████████░
carlfebz2
Hero Member
*****
Offline Offline

Activity: 3122
Merit: 739


DGbet.fun - Crypto Sportsbook


View Profile
May 05, 2020, 08:58:23 PM
 #5

Hello everyone,

I have been wondering for quite some time now,
Is there a place whether it be a Forum, IRC Channel, or anywhere that many people go Traders, Hedge funds, Normal People, etc.
That people who own a lot of bitcoin go and all plan on saying we are going to sell at this price at x time or buy at xyz time.

When you see those Rises and Falls in the market at a specific time.
Where do people go to plan those?

I would love to get in on those actions and to join in on the trading on the specific times.
The more people that could be in on those actions the more the market could be controlled for that little bit of time,
and the more money all the people in on it could make together. Wink
So you do particular talking about some whale groups.Do you really think that you can find out those groups easily if ever? They surely exist but those will really be just for whale members itself and wont tend to let
some puny investors to join up the pack and able to know on what would be their plans ahead on market price.All will surely love to join up that particular group because we do know that we do have the most
advantage or money making opportunity on high chances if ever we successful joined up to these groups even on minimal margin or market price movement as long these whales move
then thats already a plus.

logfiles
Copper Member
Legendary
*
Offline Offline

Activity: 2156
Merit: 1817


Top Crypto Casino


View Profile WWW
May 05, 2020, 11:47:12 PM
 #6

You are 3 years late... Pump and dump signals where famous back then in 2017 in platforms like bittrex but it was majorly with ALTS.
If you are looking for such groups of individuals forget about it. Even if they existed they would never reveal themselves to the public to make the strategy work effectively.

███████████████████████
████▐██▄█████████████████
████▐██████▄▄▄███████████
████▐████▄█████▄▄████████
████▐█████▀▀▀▀▀███▄██████
████▐███▀████████████████
████▐█████████▄█████▌████
████▐██▌█████▀██████▌████
████▐██████████▀████▌████
█████▀███▄█████▄███▀█████
███████▀█████████▀███████
██████████▀███▀██████████

███████████████████████
.
BC.GAME
▄▄▀▀▀▀▀▀▀▄▄
▄▀▀░▄██▀░▀██▄░▀▀▄
▄▀░▐▀▄░▀░░▀░░▀░▄▀▌░▀▄
▄▀▄█▐░▀▄▀▀▀▀▀▄▀░▌█▄▀▄
▄▀░▀░░█░▄███████▄░█░░▀░▀▄
█░█░▀░█████████████░▀░█░█
█░██░▀█▀▀█▄▄█▀▀█▀░██░█
█░█▀██░█▀▀██▀▀█░██▀█░█
▀▄▀██░░░▀▀▄▌▐▄▀▀░░░██▀▄▀
▀▄▀██░░▄░▀▄█▄▀░▄░░██▀▄▀
▀▄░▀█░▄▄▄░▀░▄▄▄░█▀░▄▀
▀▄▄▀▀███▄███▀▀▄▄▀
██████▄▄▄▄▄▄▄██████
.
..CASINO....SPORTS....RACING..


▄▄████▄▄
▄███▀▀███▄
██████████
▀███▄░▄██▀
▄▄████▄▄░▀█▀▄██▀▄▄████▄▄
▄███▀▀▀████▄▄██▀▄███▀▀███▄
███████▄▄▀▀████▄▄▀▀███████
▀███▄▄███▀░░░▀▀████▄▄▄███▀
▀▀████▀▀████████▀▀████▀▀
pakhitheboss
Hero Member
*****
Offline Offline

Activity: 2296
Merit: 834


Top Crypto Casino


View Profile WWW
May 06, 2020, 09:01:30 AM
 #7

You mean to say Pump and Dump signal, I guess.

Stay away from those you will lose more than earn. They were very famous in 2017-18 when Bitcoin was shining up in the sky. Nowadays they still exist but it is very risky.

███████████████████████
████▐██▄█████████████████
████▐██████▄▄▄███████████
████▐████▄█████▄▄████████
████▐█████▀▀▀▀▀███▄██████
████▐███▀████████████████
████▐█████████▄█████▌████
████▐██▌█████▀██████▌████
████▐██████████▀████▌████
█████▀███▄█████▄███▀█████
███████▀█████████▀███████
██████████▀███▀██████████

███████████████████████
.
BC.GAME
▄▄▀▀▀▀▀▀▀▄▄
▄▀▀░▄██▀░▀██▄░▀▀▄
▄▀░▐▀▄░▀░░▀░░▀░▄▀▌░▀▄
▄▀▄█▐░▀▄▀▀▀▀▀▄▀░▌█▄▀▄
▄▀░▀░░█░▄███████▄░█░░▀░▀▄
█░█░▀░█████████████░▀░█░█
█░██░▀█▀▀█▄▄█▀▀█▀░██░█
█░█▀██░█▀▀██▀▀█░██▀█░█
▀▄▀██░░░▀▀▄▌▐▄▀▀░░░██▀▄▀
▀▄▀██░░▄░▀▄█▄▀░▄░░██▀▄▀
▀▄░▀█░▄▄▄░▀░▄▄▄░█▀░▄▀
▀▄▄▀▀███▄███▀▀▄▄▀
██████▄▄▄▄▄▄▄██████
.
..CASINO....SPORTS....RACING..


▄▄████▄▄
▄███▀▀███▄
██████████
▀███▄░▄██▀
▄▄████▄▄░▀█▀▄██▀▄▄████▄▄
▄███▀▀▀████▄▄██▀▄███▀▀███▄
███████▄▄▀▀████▄▄▀▀███████
▀███▄▄███▀░░░▀▀████▄▄▄███▀
▀▀████▀▀████████▀▀████▀▀
DoublerHunter
Hero Member
*****
Offline Offline

Activity: 2590
Merit: 644


View Profile
May 06, 2020, 09:59:52 AM
 #8

You mean to say Pump and Dump signal, I guess.

Stay away from those you will lose more than earn.
^ Definitely right, just believe in your self and dont rely upon pump and dump group. There are no telegram groups that may teach you how or when will be the best time to join in the trading for a sure profit. Big whales can definitely manipulate the outcomes on a trading period and that is always favorable to their side. We barely know that the pump and dump on bitcoins price are unpredictable might as well just be more cautious in doing a trade regardless of time.
hugeblack
Legendary
*
Offline Offline

Activity: 2688
Merit: 3969



View Profile WWW
May 06, 2020, 10:59:47 AM
 #9

Bitcoin market capacity is much higher than being manipulated by a group of 4 or 5 people and therefore you will not find such groups, at least in BTC trading.
You can find them for some unknown altcoins and do not recommend them.
You can find groups for people who like to talk about price fluctuations and therefore you can find pleasure in talking to them and learn some basics ---------> https://bitcointalk.org/index.php?topic=178336.0, but they do not control the price and do not know when it will rise or fall.

█▀▀▀











█▄▄▄
▀▀▀▀▀▀▀▀▀▀▀
e
▄▄▄▄▄▄▄▄▄▄▄
█████████████
████████████▄███
██▐███████▄█████▀
█████████▄████▀
███▐████▄███▀
████▐██████▀
█████▀█████
███████████▄
████████████▄
██▄█████▀█████▄
▄█████████▀█████▀
███████████▀██▀
████▀█████████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
c.h.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀█











▄▄▄█
▄██████▄▄▄
█████████████▄▄
███████████████
███████████████
███████████████
███████████████
███░░█████████
███▌▐█████████
█████████████
███████████▀
██████████▀
████████▀
▀██▀▀
GreatArkansas
Legendary
*
Offline Offline

Activity: 2492
Merit: 1394



View Profile WWW
May 06, 2020, 11:17:56 AM
 #10


Is there a place whether it be a Forum, IRC Channel, or anywhere that many people go Traders, Hedge funds, Normal People, etc.
That people who own a lot of bitcoin go and all plan on saying we are going to sell at this price at x time or buy at xyz time.

When you see those Rises and Falls in the market at a specific time.
Where do people go to plan those?
This is kinda a paid channel or premium channel from other traders or groups of traders also. Like a trading signal group based on what you told. So probably, you can find some that are using Telegram or Discord also. There are some users who post this kind of service under the Services section of this forum too. Just beware, some of them may be a scam and also risky, they are not 100% sure.

danherbias07
Legendary
*
Offline Offline

Activity: 3304
Merit: 1133


Leading Crypto Sports Betting & Casino Platform


View Profile
May 06, 2020, 01:26:34 PM
 #11

Does that mean you want to be a part of a manipulative group?

Well, that is a big step forward and I bet you won't just find them anywhere.
If there is a legitimate group of whales that are fooling around then it must be a VIP group which you can't just easily walk in.
Finding them is like looking for a needle in a stack of hay.
Worse, you will find a fake group which imagines they have lots of coins or just scammers.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
maydna
Hero Member
*****
Offline Offline

Activity: 3108
Merit: 556


Catalog Websites


View Profile
May 06, 2020, 03:50:29 PM
 #12

You mean to say Pump and Dump signal, I guess.

Stay away from those you will lose more than earn.
^ Definitely right, just believe in your self and dont rely upon pump and dump group. There are no telegram groups that may teach you how or when will be the best time to join in the trading for a sure profit. Big whales can definitely manipulate the outcomes on a trading period and that is always favorable to their side. We barely know that the pump and dump on bitcoins price are unpredictable might as well just be more cautious in doing a trade regardless of time.

I agree with both of you. Just do what you know in trading while you should learn more about trading so you will have more chance to make a profit than the other people. It is about how you can learn as much as you can to trade base on the current situations at the market so you can see the opportunity for you to buy low and sell high.

Don't depend on the Pump and Dump signal because they only use you to make their profit. You will get in trouble if you follow their signal because they already buy the coin at a low price, and they announce the coin name to their channel so that the people can buy with buy instant. But they will sell their coins to make a big profit from the people. But you have the choice whether you want to join with them or not, but the suggestion will stay away from them and don't follow their way.

█████████████████████████
████████▀▀████▀▀█▀▀██████
█████▀████▄▄▄▄████████
███▀███▄███████████████
██▀█████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
██▄███████████████▀▀▄▄███
███▄███▀████████▀███▄████
█████▄████▀▀▀▀████▄██████
████████▄▄████▄▄█████████
█████████████████████████
 
 BitList 
█▀▀▀▀











█▄▄▄▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
REAL-TIME DATA TRACKING
CURATED BY THE COMMUNITY

.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀▀█











▄▄▄▄█
 
  List #kycfree Websites   
Twentyonepaylots
Sr. Member
****
Offline Offline

Activity: 1918
Merit: 370


View Profile
May 06, 2020, 03:58:09 PM
 #13

Well, that is a big step forward and I bet you won't just find them anywhere.
If there is a legitimate group of whales that are fooling around then it must be a VIP group which you can't just easily walk in.
Finding them is like looking for a needle in a stack of hay.
I think even whales don't want to be that manipulative with the market, they can just really impact on the market their every move is big compared to others. What I also think of these whales is that they have no interest in knowing the other whales coz that would be intimidating if you guys won't team up so you'll end up screwing each other anonymously. If you are looking for whales, you'll see their names in alphanumeric style.
Review Master
Sr. Member
****
Offline Offline

Activity: 1456
Merit: 280


BitByte Crypto: https://link3.to/bitbytecrypto


View Profile WWW
May 06, 2020, 04:29:44 PM
 #14

.
The more people that could be in on those actions the more the market could be controlled for that little bit of time,
and the more money all the people in on it could make together. Wink
Lol, trying to control the market is too ridiculous. Even whales won't do that. Just looking for water in the desert. Always try to do own research about bitcoin or other cryptocurrencies to make profit as well as idea about that market. Thus anyone can surely gain the ability of more correct prediction and also can make money.  Wink Grin

▄▄ BITBYTE CRYPTO ▄▄
Be A Crypto Veteran Together
▄▄▄▄▄▄▄   TWITTER | TG GROUP | TG CHANNEL | YOUTUBE  ▄▄▄▄▄▄▄ 
gantez
Full Member
***
Offline Offline

Activity: 1736
Merit: 121


View Profile
May 06, 2020, 04:35:44 PM
 #15

That's can be called manipulation. Maybe it can be from a telegram group especially for new coin but for bitcoin, I can't really make a point whether whales do that or they just spontaneously buy or sell depending on what speculation they know, have or want to do. I do know however that manipulation is possible but can't know if it is a group work.
exceedinglife (OP)
Newbie
*
Offline Offline

Activity: 3
Merit: 0


View Profile
May 06, 2020, 05:29:36 PM
 #16

Thanks everyone for the comments and suggestions.

I suppose I will work on my next idea instead of trying to find a "Whale Group"

I am working on a trading bot in C#, It will be just like a limit sell but with some 'if' statements in it.
When I have it finished I will have it so I set a price to sell. If it drops to that price itll sell,
but ill also have it so in case it goes back up to buy it back so I dont lose much if any.

It'll be using a combination of limit orders and with a stop order for the lowest point.

Again thanks all for the comments, I greatly appreciate it.

If we have any C# developers that wanna get in on this program with me.
I feel like it will be a decent way to make a profit once everything is functioning perfectly.BTC Smiley
tbterryboy
Sr. Member
****
Offline Offline

Activity: 2058
Merit: 323


View Profile
May 06, 2020, 06:54:10 PM
 #17

Uuhmm… There are some groups that are created for the purpose of pumping and dumping coins in the market, but the cryptocurrency community is strongly against that. It's what is referred to as price manipulation. Although Bitcoin cannot be manipulated that much, other smaller cryptocurrencies can easily be manipulated.

These pump and dump groups are investors who contribute together a heavy amount of money and invest in a small altcoin to pump the price and when the price increases they will sell it to make profit. I wouldn't advise anyone to do that, it's best that you just invest when the price is low and hold it till it increases.
CryptopreneurBrainboss
Legendary
*
Offline Offline

Activity: 2436
Merit: 4286


eXch.cx - Automatic crypto Swap Exchange.


View Profile WWW
May 06, 2020, 07:29:26 PM
 #18

Like others have said, we have such group although not advisable to join any of them as the chances of getting scammed (in regards to lossing your capital) trying to follow their prediction is high. These groups aren't targeting bitcoin since it'll require very large sum of fund to be able to manipulation the market. Athough if you observe carefully, some of this manipulate can be observe on specific exchanges but on a small scale (probably affects just the price of bitcoin on that particular exchange and not generally).

The market is influence by emotions like the FOMO the market is experiencing as a result of bitcoin halving and the FUD that'll probably follow after the nooms that jump into buying bitcoin (just for the halving benefits they read online) don't see an immediate impact as they expected.  Times like this is when the whales capitalized on the emotions of the average traders by manipulating the market either by causing FUD as a result of selling their coin on targetted exchange causing fear among other small traders that they join the trend and the market respond by declining.

█▀▀▀











█▄▄▄
▀▀▀▀▀▀▀▀▀▀▀
e
▄▄▄▄▄▄▄▄▄▄▄
█████████████
████████████▄███
██▐███████▄█████▀
█████████▄████▀
███▐████▄███▀
████▐██████▀
█████▀█████
███████████▄
████████████▄
██▄█████▀█████▄
▄█████████▀█████▀
███████████▀██▀
████▀█████████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
c.h.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀█











▄▄▄█
▄██████▄▄▄
█████████████▄▄
███████████████
███████████████
███████████████
███████████████
███░░█████████
███▌▐█████████
█████████████
███████████▀
██████████▀
████████▀
▀██▀▀
Kulkhan
Jr. Member
*
Offline Offline

Activity: 938
Merit: 1


View Profile
May 07, 2020, 05:28:33 PM
 #19

You are 3 years late... Pump and dump signals where famous back then in 2017 in platforms like bittrex but it was majorly with ALTS.
If you are looking for such groups of individuals forget about it. Even if they existed they would never reveal themselves to the public to make the strategy work effectively.
Yes i Also think it wsa later three years. In 2017 was Golden time for Bitcoin and altcoin trade. Now a daye os very unpredictable market. But If we have to find out good exchange like Bittrex. Bittrex is more trusted and secure platform for tradeing and investment.                  

⚍ ⚍ ☱ ☱ N O D Y ☱ ☱ ⚍ ⚍
⚀⚀⚀ THE POWERFUL WEB 3.0 INFRASTRUCTURE SOLUTION ⚀⚀⚀
========   nody.ai   ========
Twentyonepaylots
Sr. Member
****
Offline Offline

Activity: 1918
Merit: 370


View Profile
May 07, 2020, 06:19:06 PM
 #20

Uuhmm… There are some groups that are created for the purpose of pumping and dumping coins in the market, but the cryptocurrency community is strongly against that. It's what is referred to as price manipulation. Although Bitcoin cannot be manipulated that much, other smaller cryptocurrencies can easily be manipulated.These pump and dump groups are investors who contribute together a heavy amount of money and invest in a small altcoin to pump the price and when the price increases they will sell it to make profit. I wouldn't advise anyone to do that, it's best that you just invest when the price is low and hold it till it increases.
These people are whales, as for slang whale definition is a large player in the market, it is not only believe to be a person, there are some groups who form community that purposely doing things that will affect the market so they can manage to take advantage of the collateral continuous dump or pump. Although bitcoin is totally decentralized, these manage to come up to this smart idea. However these whales are not large enough to totally collapse the market, the ocean of crypto is much larger than what we think.             
Pages: [1] 2 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!