๐จ๐ฑ WHAT IF THE VOLUME YOUโRE LOOKING AT WAS WRONG?
You see a crypto with millions of dollars in volume. ๐๐ฐ
You tell yourself:
๐ โEveryone is buying!โ
๐ โThis crypto is definitely popular!โ
๐ โYou have to get in now!โ
But behind certain figures, there can be a practice called WASH TRADING. ๐ต๏ธโโ๏ธ
The idea? To artificially generate buys and sells to inflate volume and make it seem like a market is much more active than it really is.
โ ๏ธ So a huge volume alone doesnโt guarantee a healthy market.
In the crypto world, appearances can be deceiving.
#Crypto #Bitcoin #Trading #CryptoNews #CryptoEducation
You see a crypto with millions of dollars in volume. ๐๐ฐ
You tell yourself:
๐ โEveryone is buying!โ
๐ โThis crypto is definitely popular!โ
๐ โYou have to get in now!โ
But behind certain figures, there can be a practice called WASH TRADING. ๐ต๏ธโโ๏ธ
The idea? To artificially generate buys and sells to inflate volume and make it seem like a market is much more active than it really is.
โ ๏ธ So a huge volume alone doesnโt guarantee a healthy market.
In the crypto world, appearances can be deceiving.
#Crypto #Bitcoin #Trading #CryptoNews #CryptoEducation