Bitcoin Forum

Alternate cryptocurrencies => Marketplace (Altcoins) => Topic started by: pornluver on June 30, 2017, 04:05:30 PM



Title: Big buy and sell spread big volume
Post by: pornluver on June 30, 2017, 04:05:30 PM
I tried buying and selling such coins. Sometimes I make money. Sometimes I lost money

Some are very suspicious
E dinar
e coin
and func

All has huge trade volume and very bigh spread. If you try to buy or sell for example no body will buy your offer. It's as if somebody is buying and selling among themselves

A few days ago I bought week

https://novaexchange.com/market/LTC_WEEK/

The price went up for a while and crash after I buy. What happened?

Is this a sample of pump and dump?


Title: Re: Big buy and sell spread big volume
Post by: Minerolero on July 01, 2017, 12:07:45 PM
I tried buying and selling such coins. Sometimes I make money. Sometimes I lost money

Some are very suspicious
E dinar
e coin
and func

All has huge trade volume and very bigh spread. If you try to buy or sell for example no body will buy your offer. It's as if somebody is buying and selling among themselves

A few days ago I bought week

https://novaexchange.com/market/LTC_WEEK/

The price went up for a while and crash after I buy. What happened?

Is this a sample of pump and dump?

Fake orders, trying to lure people. Yes, pump and dump. Stay away from those. You may want to trade coins with big market cap and when they have big volume, because there is where you have real players in action. Be careful when trading.