What does it mean to attract money in the currency 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.

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.

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