search
Homeweb3.0What does it mean to attract money in the currency circle?

What does it mean to attract money in the currency circle?

Jul 16, 2024 pm 02:38 PM
cryptocurrencycurrency circle

Cryptocurrency accumulation refers to institutional investors buying large amounts of cryptocurrency at low prices to control the market, manipulate prices, and prepare for a rise. This can be achieved by buying in batches, buying at dips, using robots, and creating illusions. . Accumulation can be judged by increased trading volume, accumulation of buy orders in the order book, price consolidation and rise, positive comments on social media, etc. Retail investors should be cautious in chasing gains, pay attention to trading volume, and control positions to avoid losses.

What does it mean to attract money in the currency circle?

Cryptocurrency accumulation

Cryptocurrency accumulation means that bookmakers or other institutional investors buy a large amount of a certain cryptocurrency at a low price in order to accumulate enough chips to prepare for subsequent price increases. .

The purpose of fund-raising

The main purpose of fund-raising is to buy a large amount of cryptocurrency at a low price and then sell it at a high price to make a profit. Through accumulation, bookmakers can:

  • Control market liquidity, reduce selling pressure
  • Manipulate prices, avoid attracting market attention through slow accumulation
  • Establish a foundation for subsequent price increases

Absorption techniques

Marketers use various techniques to attract funds, including:

  • Buying in batches: Buying in small amounts one by one to avoid disturbing the market price.
  • Buy on dips: Buy when the market is declining or volatile.
  • Use a bot: Set up an automated buying routine that triggers buy orders at specific price points.
  • Create false impressions: Create market panic by selling other cryptocurrencies, and then buy the target currency at a low price.

Judgment of Accumulation

The following indicators can be used to determine whether the dealer is accumulating funds:

  • Trading volume: When the dealer is accumulating funds, the transaction volume usually increases.
  • Order Book: A large number of buy orders piled up at low prices, while there are fewer sell orders.
  • Price Trend: Price is consolidating at a low level or rising slowly, but without significant fluctuations.
  • Social Media: Positive remarks or news about the currency may appear on social media.

Impact on retail investors

For retail investors, you need to pay attention to the following things when participating in the market during the bookmaker's fund-raising period:

  • Chase the price with caution: Don't chase the price immediately after it rises, because the bookmaker may Shipping now.
  • Pay attention to trading volume: If trading volume decreases when the price rises, it may be a signal that the dealer is shipping.
  • Control positions: In an uncertain market, maintain appropriate positions to avoid excessive losses.

The above is the detailed content of What does it mean to attract money in the currency circle?. For more information, please follow other related articles on the PHP Chinese website!

Statement
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn
Bitcoin (BTC) Price Action: Bulls Target $100K But Must Defend Key LevelsBitcoin (BTC) Price Action: Bulls Target $100K But Must Defend Key LevelsApr 27, 2025 am 11:26 AM

Bitcoin is now trading above the $94,000 level, showing strong momentum after a sharp recovery from recent lows.

Bitcoin (BTC) Price Action: Bulls Eye $100K But Must Defend Key LevelsBitcoin (BTC) Price Action: Bulls Eye $100K But Must Defend Key LevelsApr 27, 2025 am 11:24 AM

Bitcoin is now trading above the $94,000 level, showing strong momentum after a sharp recovery from recent lows.

FloppyPepe (FPPE) Emerges as the Top Choice for Investors Seeking Smart Investment OpportunitiesFloppyPepe (FPPE) Emerges as the Top Choice for Investors Seeking Smart Investment OpportunitiesApr 27, 2025 am 11:22 AM

The cryptocurrency market offers numerous investment opportunities, with Dogecoin (DOGE) and Shiba Inu (SHIB) being popular options among meme coins.

Bitcoin (BTC) Could Reach $2.4M by 2030, According to ARK Invest's Latest ResearchBitcoin (BTC) Could Reach $2.4M by 2030, According to ARK Invest's Latest ResearchApr 27, 2025 am 11:20 AM

Bitcoin's trajectory has captured the imagination of investors, with ARK Invest's latest research update painting a transformative picture for the cryptocurrency's future.

Jed McCaleb's 2014 Departure from Ripple Was Likely Part of a StrategyJed McCaleb's 2014 Departure from Ripple Was Likely Part of a StrategyApr 27, 2025 am 11:18 AM

Jed McCaleb's 2014 departure from Ripple sparked rumors, but was likely part of a strategy.

5 Meme Coins Catching Heat: Floki Inu, Cheems, and One Undercover Gem Ready to Roar5 Meme Coins Catching Heat: Floki Inu, Cheems, and One Undercover Gem Ready to RoarApr 27, 2025 am 11:16 AM

What if the next meme coin to make serious waves isn't trending yet, but hiding in the shadows of Telegram chats and crypto Twitter threads?

The Dallas Stars have completely flipped the script on the Colorado Avalanche.The Dallas Stars have completely flipped the script on the Colorado Avalanche.Apr 27, 2025 am 11:14 AM

A clear underdog coming into the series thanks to injuries to Miro Heiskanen and Jason Robertson

Impressive Recovery in the Virtual Currency Market Continues as Altcoins Gain GroundImpressive Recovery in the Virtual Currency Market Continues as Altcoins Gain GroundApr 27, 2025 am 11:12 AM

The virtual currency market continues to display impressive recovery, with alternative cryptocurrencies gaining ground, driven by Bitcoin's recent resurgence.

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

Video Face Swap

Video Face Swap

Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Tools

PhpStorm Mac version

PhpStorm Mac version

The latest (2018.2.1) professional PHP integrated development tool

ZendStudio 13.5.1 Mac

ZendStudio 13.5.1 Mac

Powerful PHP integrated development environment

DVWA

DVWA

Damn Vulnerable Web App (DVWA) is a PHP/MySQL web application that is very vulnerable. Its main goals are to be an aid for security professionals to test their skills and tools in a legal environment, to help web developers better understand the process of securing web applications, and to help teachers/students teach/learn in a classroom environment Web application security. The goal of DVWA is to practice some of the most common web vulnerabilities through a simple and straightforward interface, with varying degrees of difficulty. Please note that this software

Atom editor mac version download

Atom editor mac version download

The most popular open source editor

Notepad++7.3.1

Notepad++7.3.1

Easy-to-use and free code editor