Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: S.coastapps on November 06, 2019, 09:58:09 AM
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Bitcoin price (https://www.thecoinrepublic.com/tag/bitcoin-price/) fluctuations this week has thrown light on the trading of Bitcoin, as BTC trading is supposed to be manipulated by traders. The media, including the famous analyst Willy Woo who pointed to the trend of market manipulation in the midst of deep studies.
‘’I cannot believe how crazy trading BTC/USD on the short term is right now. The gap in CME has filled already. Its thinly traded yes. But man, I am highly suspicious of the price across all the exchanges of late, more than so usual’’
Source: TheCoinRepublic (https://www.thecoinrepublic.com/bitcoin-price-analysis-traders-manipulating-bitcoins-market/)
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Manipulation in Bitcoin price will be always there, I think it is hard to avoid. But we can take advantage from the manipulation if we know how they manipulate it. When they dump the price, it is our time to buy. While if they pump the price, just sell our Bitcoin immediately.
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Manipulation in Bitcoin price will be always there, I think it is hard to avoid. But we can take advantage from the manipulation if we know how they manipulate it. When they dump the price, it is our time to buy. While if they pump the price, just sell our Bitcoin immediately.
Correct. Traders and small investors can ride with the tide sometime but the timing sometime is really absurd and very unexpected. I should have sell some during time that needed to sell but I hold, then I sell suddenly the price jump off the cliff. It's too hard to position with this market even TA sometime can't be accurate. That's why I stick to hold much more especially incoming bull run can come any moment.
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Manipulation in Bitcoin price will be always there, I think it is hard to avoid. But we can take advantage from the manipulation if we know how they manipulate it. When they dump the price, it is our time to buy. While if they pump the price, just sell our Bitcoin immediately.
Agree with you, we here together want to get a profit in the investment. We should have good communication so that information about Bitcoin will always be updated, so that we cannot be played by Whales who hold Bitcoin. When the price goes down, tell everyone to buy it and sell it immediately when the price goes up. Can this be done?