playing with small traders sentiments

Yes, it is a common perception that big wheels (big investors) and institutions in the crypto market play on the emotions of small investors. Especially when there are sudden big fluctuations in the market, these big investors often buy at a low price and sell at a high price later.

How is this game played?

Creating FOMO (Fear of Missing Out): forcing ordinary investors to buy by suddenly increasing the price, then dropping the price.

Spreading FUD (Fear, Uncertainty, and Doubt): Bringing down prices by spreading false news or fear in the market so that they can buy cheaply.

Pump and Dump: First artificially increasing the price, then suddenly selling in large quantities to bring down the price.

Stop Loss Hunting: Deliberately bringing down prices so that small investors hit their stop losses and end up losing money.

What can you do?

Invest for the long term to be less affected by these fluctuations.

Don’t fall prey to FOMO or FUD, always do your research.

Understand market movements and rely on technical analysis.

Keep stop losses appropriate to avoid large losses.

If you think this is happening with XRP or other crypto, be cautious and don’t make any decisions without research.