Bitcoin Forum

From my blog: https://priceslide.wordpress.com/2016/09/14/what-is-accumulating/

In order to understand gains in the market, you have to think extremely long-term. I once read that you want to be buying coats in bulk in the summer, so that you can sell them for profit one-at-a-time when they are in demand in the winter.

Much like the coats, you want to be buying when coins are trading at a consistent low for a long time. Usually, this is when a coin is extremely low volume, so acquiring a significant amount of it is difficult. It takes time. You must observe the day-to-day lows and place your buys so that they fill, over time.

Eventually, you can "baghold" almost 2-5 BTC worth of your chosen "shitcoin." This is in preparation for the big gains that are almost certain in every coin that has the appropriate setup. I recently predicted a Burstcoin pump that could have netted over 500% if the selling and buying was timed correctly. It takes time, however; I was observing the changes in Burstcoin for over a year in order to understand how the orderbooks were changing in favor of the pump.

This accumulation process is difficult and you often have fierce competition with bots and whales that also want to accumulate large amounts of coin at cheap prices. Remember that the market is an ebb and flow of money,  and smart traders are always catching the wave.

True, but you should explain the difference between "soft" acumulation and "hard" acumulation, because that's a good way to optimize the profits. Normally, "hard" acumulation means the final one, and means that the pump is very close. It's much more sure to enter in a "hard" acumulation market than to enter in a "soft" one. For example, ETC is in an acumulation period? It could seem that yes, but as there are no signs of hard acumulation you cannot know if this is the bottom or not, it's much more risky.

For example, right now, VTC is in a hard acumulation period since the last two weeks, you know what that mean night? Low risk, much profit, Wow. ;D ;D 

I have a question for the OP. But how long will you have to wait and how sure are you that the shitcoin you are holding will rise very high to make the wait worth it?

I think your suggestion is a very bad investment advice because who in their right mind would advice someone to buy 2 - 5 BTC worth of shitcoins?

All altcoins are shitcoins. once you understand that you will understand how traders like me make thousands of dollars a day (20-50btc/pump).

This

It does not really matter if a alts are shitcoins or not , think here is to make profit ! the watch out is not to bag hold the worst of them & buy it from the lows, not from the highs or else you got a chance to bag hold eternaly !  8)

How do you recognize hard accumulation? Price and volume go up, followed by a correction back close to the previous soft accumulation levels?

Next step is to know ofcourse when to let go of the coins. Any pointers for recognizing the top?

Hard accumulation comes when whales are in hurry to buy, you can identify it by green price spikes with a lot of volume, followed by an instant dump to the previous, on near the previous levels. It can also mean that another whale is entering in the market and the "big" one is trying to keep the price low. There's a moment when the "big" one cannot supress the price more, cause he would be losing money, and then has to start the pump.

We have seen this pattern a lot in the last times, which means that new "wales" or new money is coming to crypto, and the old ones are being "forced" to pump the coins. Good signal for everyone here. ;D ;D

You cannot know the top, unless you are the market maker. When you see that market cap is irrational, sell, that's all what I can say. ;D

Accumulating an altcoin is when you try to gather a big quantity of a certain asset at its lower prices. The whole idea is to gather a considerable ammount to to sell it once it goes sky high

If there is a community developing in a particular coin coupled with good projects for the coin then it's likely that it will go up in the future

I really like few of your words and suggestion regarding how to place buy orders on daily low price so that you can accumulate enough without altering or making any significant price movement on market. However we have to learn/research about the coins you are going to invest like the all time high price, development process, background of dev team and how active is the community. Thanks for good info

i'm doing it with lbry, it's when you know something big will change a coin, and you will begin to mine them or buy thhem when they arestill cheap, to dump them later when the pump will begin, i only do this when the pump have a very great chance to happen