Better to just let the price rise and sell some but not too much, so that price does rise
Why let the price rise and sell XC making profits when instead you can put up a wall, cause weak hands to fold and increase your holdings of XC.
Now when the price rises they have more XC to sell for more profits!
![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
And before you say "But these tactics will cause a loss of confidence in XC and the price will never rise again" just remember that your friendly neighbourhood whale has enough Bitcoin on the buy side to increase the price to restore any loss of confidence!
It's a win win situation for the whale, if they can cover both sides and own the volume, then they own your price.
I know multiple people on this forum that have enough power to manipulate Litecoin to that extent, if that is the case then how many people have the power to manipulate a coin 50 times smaller?
Thousands of people.
And if they work together, there is no chance of ever making a loss.