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🟣"Pump and dump" practice is a phenomenon where market makers artificially inflate the price of a specific cryptocurrency to attract new investors. Let's examine these tactics and their impact on the cryptocurrency market 🔵1.Conscious reduction of trading volumes: Market makers may intentionally decrease trading volumes of a coin over an extended period, leading to reduced activity and interest in the coin. This keeps the number of investors low. Then, market makers can initiate a pump, creating the illusion of increasing activity and interest in the coin, attracting new investors and temporarily driving up prices. 🔵2. Mass buying: Market makers can deliberately create artificial demand for a coin by buying large volumes within a short period. This may attract the attention of other investors who see price increases and begin to buy the coin in hopes of making a profit. (This is easier to do when there are few holders left in the asset.) 🔵3.Dissemination of information: Market makers can use various channels such as social media, blogs, or forums to spread positive information about the coin. This may include announcements of presumed partnerships, new features, or updates that could attract the interest of new investors. (Usually, the market maker sells the accumulated coins here.) ----------------------------- Scammers Disclaimer: I do not accept investments nor operate any investment schemes. Please safeguard your funds and refrain from transferring money to anyone claiming otherwise." ------------------------ "Disclaimer: This post is for educational purposes only and I am not your financial adviser. It is not financial advice. Please always conduct your own research and analysis before investing in any cryptocurrency or relying on the information provided. The content is based on data available as of [current date], and market conditions may change rapidly. Invest wisely and consider your risk tolerance before making any investment decisions. #nomaeffect #maahicrypto #BullorBear #Nonfarm
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📊 #BTC Update I'm looking for; sweep liquidity. It seems that this won’t just end with a way out. It is quite reasonable to believe that we may see quite nervous price swings for some time. $BTC price still holding the 61k strong support area Where will the cutting of loys take place, followed by the removal of liquidity from below and a shot to the top. Currently looking for more dump to grab the liquidity and then the coming days are bullish for BTC but another Scenario is BTC halving is is very important event these days so can't predict accurately! Most often, such straits end with just such a picture. A large participant needs time and volume to gain a position. What is needed for this? That's right, create a situation where people who bought the strait at full volumes will want to sell assets because it will seem that we can go even lower. This can be achieved precisely through trading in loys with liquidity withdrawals & selling pressure in the range. More patience & less nerves ----------------------------- Scammers Disclaimer: I do not accept investments nor operate any investment schemes. Please safeguard your funds and refrain from transferring money to anyone claiming otherwise." ------------------------ "Disclaimer: This post is for educational purposes only and I am not your financial adviser. It is not financial advice. Please always conduct your own research and analysis before investing in any cryptocurrency or relying on the information provided. The content is based on data available as of [current date], and market conditions may change rapidly. Invest wisely and consider your risk tolerance before making any investment decisions. #nomaeffect #maahicrypto #BTCHalvingApril2024
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