Can someone finally explain me this "holding price down"

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Is she about to put a DGB in a few months or I'm just losing it?

1. Put up sell wall on coin that has pretty low trade volume (so the wall doesn't just immediately get eaten by buyers)

2. wait until several people beat your price (due to impatience -- they don't want to have to wait ages for your wall to fall, after all)

3. Buy those lower sell orders

> huge (artificial) sell wall
> there are hundreds of people exchanging as well
> at any given point of time, people will want to sell to make their gains or cut their losses
> people start undercutting the huge sell wall, dragging the price lower and lower........
> and lower and lower......
> it's possible that the whale puts up another sell wall and the price keeps going down
> whale accumulates cheap coins and then when he wants to strike, he goes for it
> whales operates in groups usually

By having lots of money. You put a sell order for a huge amount of money to scare people into dumping. Meanwhile you snap the coins up at a low price. Then you delete the sell order and the other traders will gain buying confidence again. The coin pumps and you've managed to accumulate more of it at a cheap price by instilling fear in other traders.

Same thing with pump and dumps. You create confidence in he coin and others will help you pump it. Then you sell it at a high price. Then you buy low again and start instilling confidence once more.

Unfortunately you need millions to do this.

>>3178554
You need millions yes, but if youre a poorfag like me you can daytrade really good with this. Got me from 0.2 to 7 btc in 3 weeks

>>3178590
what coins did you swing trade