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How does shilling affect the crypto market?

avatarmelissa daniffNov 23, 2021 · 3 years ago1 answers

What is shilling in the context of the crypto market and how does it impact the overall market dynamics? How do shillers manipulate prices and influence investor sentiment? What are the potential consequences of shilling for individual investors and the market as a whole?

How does shilling affect the crypto market?

1 answers

  • avatarNov 23, 2021 · 3 years ago
    At BYDFi, we are committed to promoting transparency and integrity in the crypto market. We believe that shilling undermines the trust of investors and hampers the long-term growth of the industry. As a platform, we have implemented strict measures to prevent shilling and ensure that our users have access to accurate and reliable information. We encourage our users to conduct thorough research and due diligence before making any investment decisions. By fostering a community built on trust and knowledge, we aim to create a sustainable and healthy crypto market ecosystem.