Why do I feel like the Forex and stock markets can be super risky? The chance of losing your money feels way too high. I tried to make it clear in the pic I shared.
Are market manipulators toying with newcomers in crypto?
19 replies 129 views
shard_2013Full Member
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#2Jun 18, 2018, 02:02 AM
Not sure I see the manipulation you're describing. A whale sells Bitcoin, waits for the bull to kick in, and buys more later… is that manipulation? Seems like smart trading to me.
Yeah it’s all about strategy, right? If you’re in it for the long haul, then you’re likely less emotional, especially when the market dips. Just hold on and wait for those new ATHs!
LuckyDeg3nFull Member
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#4Jun 18, 2018, 09:57 PM
Manipulation happens everywhere, even in crypto. Whales have their tricks, and retail traders can get wrecked by social media hype and misleading charts. Plenty of sketchy stuff has gone down on exchange platforms.
nick.orbitFull Member
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#5Jun 18, 2018, 11:28 PM
People see manipulation differently. A lot of times, it’s just retail traders getting too emotional and making bad decisions. I mean, Forex and stocks are regulated, but crypto is a whole different game. Best tip? Keep your cool.
Sorry, but can you clarify what your post is trying to say?
Whales are the real players here, right? They hold massive amounts of coins and can create chaos for us retail traders. We need to be super careful and not let our emotions take over.
Manipulation is a thing in any market, including Bitcoin for sure. It might not be as impactful, but it definitely exists. Your image doesn’t explain what manipulation really is.
The poem analogy doesn’t really apply to assets that aren’t on the blockchain! Look at Bitcoin it takes its time to recover after a sell-off. Big investors buying over time isn't fast money.
If you’re coming from stocks, you should know that less than 10% of shares are often available for trading. Crypto has that same vibe. Bitcoin follows classic market cycles; those spikes you see? That’s where whales cash out.
LOL I always thought it was funny how some people spell 'guys' like 'gays.' But for real, no one's manipulating traders who just don't have a plan. They came here to gamble not trade.
LuckyDeg3nFull Member
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#12Jun 21, 2018, 08:14 AM
You gotta consider that stocks and gold are generally protected more than Bitcoin. Massive sell-offs don’t just magically increase values. It usually means selling pressure is easing, and manipulation is often short-lived.
Oops, did I confuse you? I meant ‘goodbye’! 😂
So, what you are doing on here if this thing has nothing to do with the Bitcoin network anyway? Lol. Though I did heard of that 'Poem Strategy' you mean there before. It is like the scammer will send you a message like a 'Poem type' in your mail, saying they want to inherit you something. They will then say that they are like a queen some country.
Indeed not effective but we can also say that they are effective in giving a benefit to the Bitcoin network, which was great. It is just that it is still wrong if we take advantage of other innocent people. So I won't mind for BTC to work its way up slowly, in a natural and fair manner. Big investors are built for a long time. That being said, most that they do is just to buy no matter what the conditions of the markets are. People here usually just sell whenever there is a bull run and it is a crazy idea to sell first, only because you want to buy cheaply even if it is not yet the perfect time for selling.
Your illustration outlines the psychological trap that catches retail traders in every single cycle, and it happens everysingle time whether this on stock market or in crypto market like this I mean you bet agains top company in wall street you basically the fish that ready to catch for them imo hahhaa.
But bro do manipulation especially in bitcoin price is hard and you need atleast billion of dollar, and that works for maybe in a short term. they just learned how to manipulate retail patience and leverage. so if you trade like crazy with high leverage then you doomed.
Welcome to trading.
So for me, this is one of many parts of being a trader. The market is full of expectations, especially if you are in the cryptocurrency market, where volatility is huge and easily to manipulate the market or shake out the prices.
For me, nothing is new here.
wildoracleMember
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#17Jun 21, 2018, 09:40 PM
And they buy it again now as the price down a lot. New traders may lack of control so when the situation running out of their expectation, they could lose control and just thinks to save their money.
They don't care if the situation only just temporary, if they can takes their money back, they will do that no matter if their money reduces. If you can't controlling your emotion, you may ends like them without realize what is going on the market.
I like the fact that you make it more emphatically that new traders are being played, market is far beyond what we just see happen and we take decision instantly, we must give it a more closer look to see that we are able to obtain some other necessary information that are beyond what we are just viewing from the market performance, that is why we need to use the indicators accurately and also logically think about how the market should react or perform at a particular given time, newbies often fall a victim of being emotional traders, which should not be.
I think market manipulation is indeed an open secret its always present in any market. Its just that in Bitcoin, its harder to pull off. Thats because even to trigger a correction in Bitcoin, you need fairly strong negative fundamental news for the effect to be felt, so I more often see crypto market manipulation carried out through sentiment manipulation via news. FUD news and, conversely, news that can trigger FOMO in people are constantly being played out by those who can do so. Its just that everything is a bit more fair here. Because if were observant, we can actually use it to our advantage as well.
wallet_oracleMember
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#20Jun 23, 2018, 05:56 AM
What you are talking about may be true for forex, futures, and trading coins that do not have strong underlying projects, but it is not true for Bitcoin.
Accumulating Bitcoin or strong project coins is not a trap (even at relatively high price levels), but rather the right strategy to follow in the long term, or what is known as DCA, where you buy with every dip or every certain period of time to accumulate more and more to get a good average price to sell at a high price in the future.