Hey, do you think this ease of market manipulation by 'whales' and financial institutions can be stopped? Perhaps not by regulation because that defeats the point of de-centralised systems, but can the technology somehow overcome this issue? Be interested to hear peoples thoughts?
RE: First CRYPTO now STOCKS crashing! Coincidence?
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First CRYPTO now STOCKS crashing! Coincidence?
Why stop it? Just ride the waves. The whales manipulate the markets up and down. So buy when they're manipulating it down, and sell when they're manipulating it up. It's these crashes that give little fish like us a chance to get in the game.
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Fair point. It is how I've been making gains in the crypto market recently. Maybe I'm thinking more about the huge pump and dumps for massive short term gains. Cryptocurrencies and the blockchain are trying to offer an alternative to using financial institutions that line the pockets of the mega rich, yet it's those same people able to manipulate the space!
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That's just the free market. The real danger in in the kinds of socialist policies that aim to protect people from their own mistakes through regulation, but shut the door for small investors at the same time. That and money printing by central banks, again to support socialist policies.
Don't blame the rich, take responsibility for yourself.
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It's just because we're such a small asset. This will get better, though we are depending on what the whales and governments wants to happen. If they embrace it, we're taking off big time.
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