Manipulation in the digital currency market and what happened yesterday in just 24 hours 584,024 traders were liquidated for $1.76 billion in just one day. See the picture below.
This is a huge drain by the market makers and as everyone knows there are no new investments in the digital currency market and all that is happening is the control of the old market leaders so there must be an inevitable fall that is not in doubt given what has been happening since the beginning of December until now for everyone who follows me or reads my article be careful be careful what is happening is not normal do not be fooled by the rebound of the green candle in Bitcoin the manipulation is great
Common forms of manipulation:
1. Pump and Dump:
Manipulators buy large amounts of cryptocurrency, artificially driving up its price.
It is promoted through social media.
After the price rises, they suddenly sell their holdings, causing the price to collapse.
2. Wash Trading:
Traders execute fake trades with themselves to create the impression of high activity on the currency, which attracts other investors.
3. Spoofing:
Placing large buy or sell orders without the intention of executing them, with the aim of changing the market direction or deceiving other traders.
4. Media Manipulation:
Spreading fake news or rumors about cryptocurrencies with the aim of changing their price.
5. Insider Trading:
Using inside information that is not available to the public to make profitable trading decisions.
How to avoid becoming a victim:
Education and Research: Analyze the market yourself before investing.
Trade on trusted exchanges: Use licensed and secure trading platforms.
Avoid tempting offers: Beware of offers that promise big, quick profits.
Follow news from reliable sources: Always check the news in circulation.