(Crypto spoofing and it’s Manipulations)
we are going to talk about how crypto spoofing works and its impact on the market. Crypto spoofing is when people try to manipulate the price of digital currencies by faking orders. They do this by placing big buy or sell orders they never intend to fulfill. This tricks other investors into buying or selling, affecting the currency's price. Once the price moves the way they want, they cancel the fake orders.
Crypto markets, like Bitcoin, are known for their big price swings. For example, Bitcoin soared to over $18,000 in late 2017 but then dropped by half in just a few weeks. This volatility makes it easier for spoofers to trick others.
( How to protect yourself)
To protect yourself from spoofing, be cautious. Avoid deals that seem too good to be true and trade on trusted exchanges with good security measures. Being aware of these tricks and staying informed about market trends can help you avoid falling victim to spoofing$BTC $ETH $SOL