Let's take a look at the common methods used by dog dealers to manipulate the market
1. Create an illusion to absorb chips: Do you often see a certain coin suddenly plummet and then slowly rise? In fact, that is because dog dealers want to sell chips quickly first, making the price seem to fall, and take this opportunity to collect more chips at a low price.
2. Disrupt market confidence: Dog dealers use high-frequency small transactions to make prices fluctuate frequently but without obvious trends, making retail investors feel that this coin has no potential and sell it.
3. Raise the price: After collecting enough chips, dog dealers start to buy in a planned way to push up prices, and may use multiple accounts to create the illusion of active trading.
4. Cleverly control the market: During the process of raising the price, dog dealers flexibly use funds, pretending to sell at a high price but actually withdrawing orders, maintaining the upward trend, and inducing retail investors to follow suit.
Dog dealers are good at taking advantage of the greed and trend-following psychology of retail investors, and selling at high prices to make profits through price manipulation and psychological tactics. Do you understand?
