After selling Moons at $.12, CryptoCurrency enthusiasts make plans to dump the price of Moons by crashing Ethereum.
2 min read
A handful of members of the CryptoCurrency community have made elaborate plans to bring down the price of Moons, by crashing Ethereum. The idea goes – since Moons largest trading pool is with ETH. If the price of ETH crashes the price of Moons will indirectly crash as well.
Names censored to protect the identities of everyone involved
We all need to be extra aware of this plot as Moons are under an incredibly unique threat from this plot. If these individuals are able to do what they want, Moons could easily drop 50% when ETH drops 50%.
These aren’t the only people making plans I’ve also stumbled across similar plans on Twitter.
When Ethereum is being manipulated by a few traders who sold Moons low here is what you can do:
Be aware of what’s going on. Knowledge is Power. If ETH drops 50% don’t panic sell your Moons at $.10. The value of Moons are only down because of these individuals plot. They’ll recover. Hedge your bets. If you truly believe in the future of Moons, you can try selling your ETH for more Moons. If Moons recover you’ll be happy you did, and it’ll take power away from these individuals. Be patient. Crypto is too big for a few plotters to manipulate one asset for a long time. Even if it’s a low marketcap crypto like Ethereum. If you’re patient you should be able to see both Moons and Ethereum recover as the manipulators run out of funds and lose the ability to manipulate the market.
submitted by /u/GabeSter
[link] [comments]
