Order Book Manipulating

[Anonymous No.8055362]

I'm working with a small market cap coin. Every purchase or sale I make changes the price (>5%, one trade I made dumped it ~20%).

What are some tricks for manipulating order books to allow us to accumulate at a lower buy-in? I've got a huge 20% spread between the bid and the ask, how the fuck can you close this shit

[Anonymous No.8055394]

>>8055362
Market makers don't touch small shitcoins, apparently

[Anonymous No.8055412]

>>8055362
you gotta wait it out and sell slowly
dont buy too fast either
take your time

[Anonymous No.8055540]

Not sure if exchanges have done something to change this, but consider looking into "landmine" orders, they're essentially hidden orders you can place.

https://www.youtube.com/watch?v=05_nYJ-qbSk

There are probably better videos than that one, but it gives you an intro into how it's done.

[Anonymous No.8055587]

>>8055540
The term landmine order is used in crypto, but in traditional markets, they're referred to as iceberg orders: https://www.investopedia.com/terms/i/icebergorder.asp