Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: masterrex on August 06, 2019, 03:41:09 PM
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Cryptocurrency Market was surprise again by the rising of Bitcoin in the past few days, But I was confused with these Trend why the Altcoins are still in Red territory only few was gaining ground as of today. is these an organic growth or just a manipulation.
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i would think this condition as price manipulation. somebody is influencing the market it could be a group of whales that wanted to manipulate the price. If alts won't go side by side with btc i think there is something wrong and the price wont sustain for a.long time.
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Most likely, the next manipulation and soon the cryptocurrency market will begin to fall again, but it is possible to gain a foothold in this place and go further upwards, we will find out in a couple of days.
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I recommend investment additional. I've tried ways in which to urge cash from investment, trading, and conjointly taking part in gambling, and in fact I like investment. though it's slow, however the profit is sweet enough if you select the correct project. select a project that already features a market, and a decent partnership. additionally, such comes are additional simply developed than alternative projects. that's my expertise.
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~snip~ is these an organic growth or just a manipulation.
It is difficult to know whether manipulation or real growth nowadays. The price seems very fast to grow up or to go down. Even if it is a real growth but I guess there are still some manipulations on crypto price moves. There are too many people be greedy today, it is the main factor of manipulation.
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One can't truly rule out manipulation but who says you must profit from altcoin? If btc is the way to make it then let's make it through btc
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In order to determine if it's an "organic growth", you can check other factors like increase in bitcoin related topic search on google. I've read an article covering that a few weeks ago. There are some who are claiming that the institutional money have already entered the market. You can also add the fact that halving is getting closer.
Regardless of whether some big traders are playing or not, there is still growth.