How to pull the coin circle

Cryptocurrency trading is the act of manipulating the price of digital currencies in cryptocurrency exchanges to make profits. Manipulators usually push up prices through concentrated buying, publicity, fake trading and information manipulation. Motives for pulling include quick profits, attracting investors, and market manipulation, but the risks are extremely high and can lead to market reversals, regulatory crackdowns, and reputational damage.

Coin circle pull plate

What does the currency circle pull plate mean?

Pulling in the currency circle refers to the act of manipulating the market price of a specific digital currency on a cryptocurrency exchange in order to achieve profit-making.

Means of pull manipulation

Push manipulators usually use the following methods to manipulate market prices:

• Concentrated buying: Buy a large amount of the target currency to create an imbalance between supply and demand, thereby pushing up the price.
• Build publicity: Promote the target currency through social media, forums and websites to create positive emotions and attract more buyers.
• Fake order trading: Use multiple trading accounts to place large numbers of buy and sell orders, creating false trading volume and market depth.
• Information Manipulation: Publishing false or misleading information that is beneficial to the target currency to influence investors’ decisions.

Motivation for pulling

Pulling manipulators do pulling to:

• Quick profits: Take advantage of rising prices and sell for profit.
• Attract investors: Create the illusion of market enthusiasm and attract more investors to buy the target currency.
• Manipulate the market: Influence the trading decisions of other investors by manipulating prices.

Risks of Pulling

Pulling is a high-risk behavior that may result in serious losses:

• Market Reversal: If the pulling manipulation fails, prices may fall significantly, causing investment suffered substantial losses.
• Regulatory crackdown: Pulling is an act of market manipulation and may be punished by regulatory agencies.
• Reputational Damage: People or projects involved in pull orders may be mistrusted and negatively affected by the market.

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