Pretty Charts Are Lying to You

This story was originally published on HackerNoon at: https://hackernoon.com/pretty-charts-are-lying-to-you. Many projects still treat market making as a way to create a clean picture rather than a functional market. Check more stories related to finance at: https://hackernoon.com/c/finance. You can also check exclusive content about #market-making, #what-is-a-market-maker, #market-maker-crypto, #real-liquidity, #crypto-market-making, #market-makers, #how-does-market-making-work, #crypto-market, and more. This story was written by: @RomanKorotchin. Learn more about this writer by checking @RomanKorotchin's about page, and for more stories, please visit hackernoon.com. Many projects still treat market making as a way to create a clean picture rather than a functional market. A pretty chart is incredibly easy to manufacture. Once trading picks up, superficial support disappears almost immediately. The spread widens, price movement becomes erratic, traders start to doubt the asset.