Re: Why you should choose bitcoin?

Bitcoin dominance in the market is as well a reason. BTC itself is traded more on a daily basis than all other cryptocurrencies COMBINED. Thanks to this, it is much less resistant to typical pump and dump schemes.
Pump and dump is a scammy strategy, banned on stocks. It is about a conspiracy of a group of users, who buy small and not so popular cryptocurrency. The price of that crypto is skyrocketing, what attracts some other people (pump). These people start buying this crypto from that conspiracy group. The group sells everything (dump) at a high price, and those people who bought that crypto from them are left with worthless cryptocurrency.
0 x
Linkkoin cryptocurrency exchange from the UK. Buy cryptocurrencies online with credit/debit card: BTC, ETH, XRP, BCH, EOS, LTC, XMR, REP, ETC, ZEC
Post Reply

Return to “Beginners & Help”