Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Exchanges => Topic started by: cheezcarls on January 04, 2020, 09:11:51 PM
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Algorithms and bot-trading have taken over Wall Street and the cryptocurrency market with no sign of slowing down. Analysts say everyday traders should be terrified of the coming decade.
Everyone in the cryptocurrency industry complains of bots ‘manipulating’ prices, but this will likely end up being even more severe during the 2020s.
In the past decade, we’ve seen some wild swings in prices, both among regular assets and cryptocurrencies. It’s primarily been due to algorithmic robots, but their effect will only be stronger in the coming years. The end result will be that successfully trading the market will be even more difficult.
Source link here (https://beincrypto.com/cryptocurrency-trading-to-be-even-more-dominated-by-robots-in-the-2020s/?utm_campaign=amba&utm_medium=social&utm_source=altcoinstalks&utm_content=jc)