It's not because I read and understood your point of view that I'm obliged to agree, but you have a lot of experience and based on your comment I'm going to follow you.
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Jonathanmuwong5
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I have recently read posts here on binance of people complaining how they are losing money, how the market is rigged or manipulated,
1.Dear trader please read the Disclaimer again before you start investing.
2. Please understand how the crypto market works before you start investing
Why does the market seem rigged or manipulated?
The crypto market, like any financial market, is subject to various factors that can sometimes lead to perceived manipulation. These include:
Whales: Large holders can influence prices by making substantial trades.
Pump-and-Dump Schemes: Coordinated efforts to inflate prices and then sell off can occur, especially in smaller-cap coins.
Low Liquidity: Smaller tokens with limited trading volume are more vulnerable to price swings.
While not "rigged," traders should stay vigilant and rely on research to make informed decisions.
what controls the crypto market
The crypto market is controlled by a mix of factors, including:
1. **Supply and Demand**: Prices rise when demand exceeds supply and fall when the reverse is true. 2. **Investor Sentiment**: News, social media trends, and market outlooks can influence buying and selling behavior. 3. **Macroeconomic Events**: Interest rates, inflation, and global economic conditions impact the market. 4. **Whales**: Large holders can create significant price movements through big trades. 5. **Regulations**: Changes in government policies or legal frameworks affect market dynamics.
Understanding these factors helps traders navigate the market effectively.
And lastly this is called crypto trading not crypto science, nothing is guaranteed. Just like you don't know if the business you starting will work or not same applies here this is business there are losses and profits, learn to learn from your losses please that's why we journal our trades.
Don't forget the binance disclaimer please:
stay tuned and follow for more. #2024withBinance #BinanceHODLerMOVE $BTC
$MOVE
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.