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RE: Market manipulation in trading

in Tron Fan Club2 years ago (edited)

This is a very detailed post on market manipulation, I love the explanation you made, it was superb.

Due to the very nature of the crypto market which accepts both individuals and large entities to participate in the process of buying and selling , this offers big institution the ability to control the direction of the market to beat suit Thier personal need.

Yes everyone is allowed in the cryptomarket market and this give the whales more than enough opportunity to manipulate the market.

Do you know we can also use this manipulation to our advantage?
We can do this by studying their movement on the market, whenever we notice that they have sold out their shares and the price has fallen, this is an opportunity for us to buy and when they pump the market, we can then sell.

One precaution I will give is that we shouldn't allow greed control our emotions while taking advantage of the whales manipulation because it will be disastrous 🤕

Thanks again for giving this detailed explanation .
#steem-on 💙

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