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by capableweb
1856 days ago
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As someone who been in the cryptocurrency market since ~2015, it's possible to be in that market without actually encountering any of those problems (I've never had those issues for example). Except the market manipulation, that'd be hard for me to see. It's also a kind of extraordinary claim, so please provide some extraordinary proofs that there actually is manipulation. Cryptocurrency is a market that everyone should be in, it is after all created for and by everyone. Be careful of putting in money you really need though, and see it as gambling more than anything. |
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I guess that depends on your priors. Given the nature of the market, its opacity, its lack of regulation, the sheer proliferation of the number of cryptocurrencies, the growing interest by large entities like hedge funds with a history of active manipulation, I'd personally consider it the extraordinary claim that there isn't manipulation occurring. Like, if I were to set out to design a fertile ground for manipulations, it would pretty much look like the cryptocurrency space.