Bitcoin Forum

How to take advantage BTC Pump and Dump in short period?

This is mostly achieved with experience in graphs. There are people who have several monitors in front of them at any hour of any day, monitoring the graphs. There are bots working 25/8. If you trust your graph reading skills, you can have sites like cryptowat.ch, livecoinwatch etc. (basically, tickers) in front of you and if you decide that Bitcoin is getting pumped, go ahead. For dumps, it's more about speed though. Dumps usually happen in a very short span, while pumps are rather "slow but oriented" in comparison to dumps.

I asked the same question at another forum and someone suggest to use Bot. The key question is what strategy to use even we use bot?

if you know graph then it will be easier to catch bitcoin pump and dump.I follow graph though I am not expert in graph trading and sometimes i follow the news to make profit from btc.
Using bot for trade is risky if you are new trader.I have no experience but read few article about it.Many people lost their money and many people make profit form it.But I don't want to take risks and love to trade manually.If you are interested to know more about bot trading maybe this article will be helpful.
Crypto trading Bots Guide (https://www.mycryptopedia.com/crypto-trading-bots-explained/)

The only possible way to get some gains from the pump & dump is through margin contracts. There might be a bot that supports trading there, but 'short period' trading is never accurate. Especially if you aim for 5 min or 1 min marks. Bot is just a tool to help you with executing orders, I doubt they'll help that much if you aim for short period trading except if you're scalping, which is not possible in insta pump & dump case.

The best strategy to take advantage on pump & dump market is strategy by yourself. It's mean, you need to learn how making a price prediction with Technical Analysis and you need to check a news related with Bitcoin. Using bot not a solution for you. Sometimes the bot it works fine, And sometimes it will stop. If your bot stopped when momentum to reversal, you will miss that chance.

You simply buy high, sell now.

But if you'd ask me, don't. In a short timespan, you're pretty much gambling as you'd have no idea where the price will go. And yes, even if you use technical analysis. TA isn't some magic tool that you can accurately predict price movements. Just use the dumps as an opportunity to grab more bitcoins to hold for the longterm.

Extremely disagree on this one. Even TA analyst that i'm following admitted that he himself don't really understand price of BTC movement. Because no one will ever predict the price if its being manipulate by whale. If you see the graphs of previous movement of BTC. You will notice that in every pump and dump of BTC. The graph showing that volume percentage during price dump and pump is equivalent meaning whales is doing something. In own analysis. Whales set a position on leverage trading with high multiplier then dump their huge amount BTC on exchange such as binance or okex. We all know that the price of leverage exchange like bitmex depends on crypto exchange so once they dump or pump btc on exchange. They will gain huge amount on leverage trading. The loss on dumping/pumping btc is minimal compared to the profit on leverage trading.

Actually no one knows.It maybe a luck or just you traded at that time as coincidence or it can be anything but no one can accurately predict the price movements and get the most profits from it,if you see profit then sell it the later price either may go higher or lower just be satisfied if you make profits.Bot is just a too to help your trading orders but there is no assurance of profits while using it.

Buy them at the dump and sell them at the pump. However if you are doing this when the interval is short it is very likely that you would miss out at the proper point of buying or selling. It sounds easy but it is equally tough to execute.

Most traders actually look at the market when trading become more risky like buying at the pump and selling at the dump. Which is a loss unless the price pumps even more, the probability of which is low in the next few days.

With margin trading you can actually earn in both tge pump and the dump so long as you know the entry and exit points. Also with margin trading trend is your friend. Right now the trend calls for longs and it has been so for a few days now.  People who carefully follow the bear trend earlier on in the week and the Bull trend later this week have earned massively

The safest strategy is a long-term one. Buy at the lowest price possible and wait for the value to rise. Bitcoin has shown over time that is has a constantly growing market value and it's support levels has been rising over the years.
A short term strategy is not much if a strategy at all, it's simply a roll of a dice. Yon can buy into a pump on the way up, buy predicting the next direction of the market is almost impossible.

Bots are only for those who are experienced traders and know exactly bot will behave on different situations.
The best way is to take entry after the break out. In this way, the profits might be slightly less, but it will be confirmed that bitcoin has breakout from the falling wedge and it will move to at least the next resistance level. I don't know if you are familiar with all this trading terms.

Everyone is different in utilizing when bitcoin goes up and down, advice from me if you just analyze yourself about the BTC chart, look for sources of clear and accurate information, and right now to use BTC even though it has gone up but I am sure this will continue to go up more high, and just follow people who are experienced in trading.

Short trading is not so easy. If you know to analyze candlesticks and others. Maybe it could give information when to buy and when to sell. I'm not  into day trading because you can only get small profit from that. Some traders use bot trading so they can easily buy and sell at the right time. I don't know if they are accurate all the time tho. I prefer long term trading because it's easy. Just always set the stop loss.

I don't use bots but the answer is very easy and not complicated. Are you monitoring the market from time to time? that's all you have to do and get into your position during the low prices and tune in until the price of BTC goes up.

And once you see that you've made profit and your capital has increased, sell it, that's it.

Long term investing is less risky for sure. However, day trading is far more profitable but it requires more dedication and experience.

1% daily profit from day trading is far better than 100% profit after a long year of holding.
It depends on how much you are willing to invest though.

Actually day trading gives more profit if you know what to do, utilizing the dumps and pumps. Holding is so easy but you can even take 3 years without making any profit.

The problem with people is greed. If the bitcoin price rises, always sell off when you hit your target and then buy the deep. but you find someone hodling BTC and not selling it off at the all time high and expecting to sell it off when it hits $50K.

Someone who sold off at $18k or $16K and the bought again at $4k during the dip waiting to sell off soon again has made more money.

Gaining profit from a BTC pump and dump is all about proper timing of your entry and exit positions, on the condition that you'll be contented for a small profit and not set your profit target so high so as not to be burned. Repeat untill ...  :)

It's very simple, in order to take advantage of btc pump/dump, you should build yourself as a advanced trader. Other you can't take advantage since you are newbie on that field. This is quite risky game during pump and dump, so you should play with how much you can afford loss. You shouldn't forget when your are getting profits someone on other side is losing.

Simple way is you should buy during running pump and sold it when you already have some profit like 5 or 10 percentage. Waiting for big profit would loss your fund. Same like you may follow during dump. You should happy with small profits, be greedy would cause lose your fund on that game.

The short answer you needed very much. Although you get small profits, it is nonetheless profit but I'd still recommend long term investments instead of short term ones. Plus, you gotta know how to read the graph and analyze, predict and guess where the chart will move after the 1 hr mark, 3hrs, 5hrs, 10hrs and more. Basically you gotta stay on the move and always be on the spot analyzing the charts. You basically can't remove yourself from reviewing the chart since any change that is done could be a potential profit for you.
So yea, anything a short term investor needs is also needed by a long term one so I'd suggest going for a long term one instead.

Yes setting automated trade is the best way I have tried this with BNB in the past and it will work for bitcoin as well that's auto buy when the price falls and set a target for auto sell then convert the profit to USDT and repeat the same with principle amount to earn more profit. But setting unrealistic profit margin will not be of any help.

I think currently using prices under $ 8000 is indeed very appropriate. if you already have bitcoin at a price below $ 8000 and are still holding it in until now, that's how to use the dump, and pump bitcoin in the near future.

in fact, some people have discussed that the price below $ 8000 is very appropriate to benefit for now. seeing the future development for bitcoin is quite promising, I think if you want to take advantage of crypto in the near future when the price of bitcoin goes down, it might be an opportunity to buy it.

I think it's not that easy to get profits from daytrading , we're not only not able to monitor the exchange all the time but we have to know the knowledge of daytrading.
And sometimes we have to cutloss if we lose on a trade and not holding our loss too long.

The very basis rules is always buy at the bottom and sell when you already achieved your target. The pump and dump happened after big news being broadcast, most of the time people panicked when they've heard bad news about this market while if there's good news that spreading expect to experience good market movements.

You can take advantage when you understand how to handle those news, and how will you act  according to what the market is bringing to your investment.

I know it sounds really enticing to try and day trade bitcoin, especially for the dumps and pumps, but I'd highly advise against it. What we saw in the past few days was amazing,  40%++ gains in a single day is unheard of, but what happened was an isolated case that could easily have gone in the different direction.

Unless you're well immersed in the crypto community and have the time and effort to dig into research and analysis, don't waste your time and money and just HODL and wait.

Even  3 to 5 percent profit margin would be more realistic and could be more achievable whereas a target of 10 percent at once might prove a little bit harder.


Absolutely! I think it would be ideal if we could use automation in trading to make our trades more effective and profitable especially in pump scenarios like this. I guess it might be good also if you can tell us what tools you are using to expedite your trading activities. :)

I also had questions like you. I am always looking for good times to make buy orders. but I suddenly realized that there was no perfect time for a market that was heavily manipulated like cryptocurrency.
Therefore, we only expect luck to be profitable in the unexpected pump like today.
but always remember, once the signal is clear, you can start trading. Don't place orders like gambling, luck will not come to you. ;)

Actually you can use some indicator to know on which position you can enter and you can search the trading view and this provably can help for people who wish to trade in short or long.


It's a big advantage to have that but I think it's not necessary since not all people can afford to buy that and sometimes 1 is best since the only thing we need to do is to follow the market trend,read the chart and secure the profit.

Don't follow other people's orders, a few days ago a lot people saying bitcoin will reach 6K$. Because of that, a lot people put an order book with a range 6K$ and miss the pump also this missed pump just like BTC at 3,5K$ went people saying will be 1K$.

About short trading was not really best to me but i used a few indicators like Bollinger Band & RSI with a short period time chart 15-30 mins. Pretty easy to use this indicator, if you want to short trade just watch RSI Indicator. Went the RSI indicator already over 75-85 you can try to make an order, but short trade sometimes was really suck went the trend market still continues and you sold to early.

A piece of advice (especially when you are trading with leverage/margin);
Shorting the market right after you closed your long position is not a good action (very risky, it's like you are just catching some knives)
Vice versa when you have short position and after closing your trades with profits, then you open a long position right away.

You have to know that there is no such thing as BTC pump and dump. It pumps in an organic way as it dumps similarly. There is no intentional pump and dump with Bitcoin, if that is what you mean. The strategy will always be buy low sell high. So if there is a dump, that means you buy and when there is a pump, that means you sell. As simple as that. If that sounds too complicated for some, there is always HODL. That is the simplest way to earn from Bitcoin.

actually its wrong opinion about exchanges monitoring when we in day trade.,day trading didnt need much time if we know how to analize project in market .we just need few time to analize chart or fundamental.as a trader we have to also keep our heakth by didnt spend much time in front of computer.

BTC pump maybe everyone will already know, buy when you can, and then make target sell not really high at least it can be reached. But for bitcoin dump maybe do margin trading can be done. But how to do it, i still don't really understand. If me i will stay to take a rest instead of forced myself to do trading. Because i can lose anytime if trading without knowledge about it.

I think by utilizing bitcoin price movements and utilizing crowded market conditions can provide many benefits as happened a few days ago the price of bitcoin rose and you could take advantage of bitcoin price movements and after that you should be able to sell it because if not then you will get stuck at expensive prices.

Indeed, as well as checking the analysis of experts so you can take advantage on it, take note that it still risky but if you want to take risk then better if you really want to earn, because if you don't want to take the risk, then you will just watch the price going up, while others are enjoying the profit from it.

That is a basic rule that is very difficult to do, even when we have seen prices below $ 8000.It is quite difficult to buy them because of doubts and so on. In following the rules, we need to fight the doubts we face.Sometimes theories are easier than do that.

In a simplistic sense, you'd simply need to watch the buying action and trust your instinct and decided if the PUMP is still going to continue, or if it is ending. Usually if you are lucky enough to be watching the chart when it happens (a huge spike in buying volume) then it's likely that you should buy because PUMPs usually last for minutes to even an hour, most of the time.

If you buy early on in the pump then you can gain some good profits BUT don't be greedy and set a target profit for your gains.

To make money on the pump and dump Bitcoin in a short time, you need to be a good trader who can read the market, feel the trends, understand the technical analysis and follow all the important news in the industry. In General, this is quite a difficult task. But there is a way. You can try to earn on the pump Bitcoin in the long term. To do this, you need to analyze the current price of Bitcoin, make a conclusion about whether this price is good to buy asset or perhaps wait for Bitcoin to become cheaper. When you buy it, you will only have to wait for the price increase. The bitcoins you buy can become even cheaper (no one guarantees a profit in trading), but if you have enough faith in the asset, you should wait out price draw downs and wait for the period when the price will be higher than your purchase price. However, it can take weeks, months, maybe even years before this event, so this method is called long-term investment. Sell Bitcoin when the profit will satisfy you.

You would be better off keeping those "experts" out of the equation. They are self-entitled experts with no knowledgeable background who promote some shitcoin because they are paid to and keep up a propaganda by some bigger whale who is currently dumping that shitcoin for their own gains. Take their words with a bit of salt and never trust them and their words.

You can do technical analysis yourself and by all means everyone should learn how to observe indicators and watch how things unfold in the light of probability and market psychology.

The best way to make money from a pump and dump is to already have some coins saved up. Then, when the price goes up, sell them near the high and buy back in at the dump. This is yet another reason to have a few of the top coins in your portfolio. I've caught a few pumps in action myself and ended up selling at or near the high. Then, buying back in when the price dumped again and increased my holdings a good 15-20% in a matter of minutes.

Technical analysis is he most appropriate way of taking advantage on pump and dump of bitcoin within the shortest period If you are knowledgeable in candlestick patterns and price Action you will have the advantage of making profits consistently however you need experience else you will lose your portfolio or investment within the shortest period of time, of course there are lots of strategies online research and stick to one of them then practice before investing in a live account.

This is a genuine art of trading that most traders used until today. Yes to say that is an old strategy but still effective especially when we are still learning about trading. Ain't no matter how old is that, but the most important to know that we are doing right, having good returns and eventually making us have to understand the market situation and take advantage of every single opportunity we've seen.

But that is not an easy way to know its pump event or dump event since its price will change without be known by all people. Such as in trading, you will just have your own strategy event you are painting with your knowledge but it is guarantee you will make a profit.

Moreover, with pump and dump which I thinking the charateristic won't be known easily, you just have to make target profit as you want so when you buy it and its price increasing drastically then you should sell it before its price decrease drastically. Don't be greedy, stay satisfied with what you get, you will get as you want.

to be able to take advantage of the rise and fall of bitcoin prices you should be able to always monitor the conditions of the exchange place because no one knows when prices can go up and when prices can go down, whereas if you don't have a lot of free time that you can use to monitor the place of exchange it will very difficult to get profit.

To take advantage of the bitcoin pump and dump is you need to have skills to know when the pump and dump come. The short explanation will be when the candle is on the big red, and you should buy bitcoin, hold it for a while, and if the price can increases for 10% from the price you buy, you can sell it at the time. That will be the same if the market is on the big green so you should sell it right away before the pump is over. You cannot do that if you don't have experience because, with experience, you will know if that is a pump or it's a dump.

It's better to make a profit when you see than to wait for the pump and dump because that will need a longer than you can expect.

You can use the buy order and stop loss ones. If you think bitcoin going above a certain number means it will continue go up even more you can put a buy order saying "when the price is x+1 dollars buy" and it will buy at that price as soon as it reaches and if you are right the price will keep going up afterwards which you will make a profit from.

I have used similar strategies over the years because I knew the trend prices and how they are repeated multiple times, didn't do it this last one but have done it before many times. Same goes for stop loss, if you think price will go down and even if you are a long term holder you can just put a sell order at a certain price that you think will go down even further and when price reaches there you sell and then buy when it goes down even further.

So you do mean about shorting or day active trading?If yes then that's the hardest part on doing trades. BTC pumps and dumps

are really hard to predict which you would even hardly notice on whats the bottom price and whats the ceiling or resistance.
If you can make short trades and exiting on the right time then you are already doing good.

Everything still depend on your financial strength because if you really want to take full advantage of bitcoin dump and pump, you must have money to do this, which means like the period bitcoin dumped to $7500, if you had that money then, you would have made over $2000 now that it has pumped a little and this is the way that you take advantage of it, but you should also be able to learn how to analyze the market, to know exactly when the next possible dump will be coming and how dip the dump will be so that you don’t buy at early dump and then watch the amount invested dumping further.

There is absolute need for you to actually learn on how to use most of the technical analysis tools that we have in the market to do this so you will always get the right time.

The market is very unpredictable now a days. Maximum trader can take profit by this pump and dump. Only experienced trader can make some profit. It also depends on the luck. So you no need to blame yourself. Just try again and again to catch the pump dump by learning. You also will be experienced too. 

Everything is quite simple. All you need to do is choose which position to stand in front of the movement.
If growth is expected, then you buy more bitcoin, this is called a Long position, and sell it when the price reaches its peak.

If a recession is expected, then you are selling your Bitcoin and waiting until the price reaches its lowest point to buy it back.
It sounds simple, but in reality everything is much more complicated because the market is very ambiguous and even when it seems to you that there will be a movement of a certain type,
the market can go in the completely opposite direction, leaving you with losses.

Therefore, study stop loss.

trading in pump and dump moment was very risky,we have to understand chart analisys well if want to trade on high volatility market.we could trapped for long time if enter on wrong price and wrong time.i am not suggessted for anyone to trade in pump and dump.there are many trap here,when in this condition whales playing the market with their resources.

Indeed, the risk in this sensitive moment is many times higher than in normal times because the price of bitcoin is always the highest in the market and it is stable at thousands of dollars, so when the manipulation happens, pumping and dumping, it's always at a few thousand dollars in minutes, even seconds. And at such a speed of light, I really don't think we can take advantage of it in time, even if we're unlucky, we'll fall into the sharks' belly, it takes a lot of money and time to adjust

If Crypto bots don't work, why did anybody develop them? In my experience bots work if you set them up right. You basically pick a strategy and the bot automates the trade based on the strategy. That's why the most important thing is the strategy itself. also, they require significant tweaking or understanding how to trade. you can blindly follow settings that people have put together but its still better to understand what it is doing and have a strategy of what you want to do. the main benefit of having a bot is being able to execute a strategy 24/7. it gives you more control over your portfolio but still requires a profitable strategy.

It is not like crypto bots are totally useless and neither there have been useless developments ever. The point is, trusting these bots blindly or entirely is unwise. Like you said, they are developed by humans and no human can create perfection for sure. In order to fill the gaps, a trader must depend on his own skills. Coming up with a working strategy also depends on experience and skills of individual.

If you ask this question then it only means you cannot take advantage of it. Because it is not easy as eating pizza pie. You need to study trading in order to take advantage of BTC pump and dump. Even studying is not easy too as it takes a  lot of time, effort, patience and determination. And when you are ready, you won't ask this question again.

Someone with a clear mind. Thank you.
It is just that there are too many analysts by now and somehow they are clouding the mind of traders with all those computers, monitors and sweet words.
Those are for advertisements. You create your own choices when you are trading manually. Yes, there are bots but they do not have the instinct.
If you input the wrong program for them, then it is going to be a mess.

Better look at history and how it fluctuates maybe 5 minutes for every hour. Then you might find what you are looking for.
Remember always that the market is unpredictable.

You can actually take advantage by trading in a short period of time if you know how to read chart and having a good trading plan for you to earn. In the other hand is by buying on the dip and wait for the price to go up to take profit and sell when you think it is already in the peak price. Apply buy low and sell high strategy, basic is always the best way to earn if we know how to follow and apply it in a right time.

Some peoples are beginners in crypto trading so they are all don't know how to fluctuate all the time. Bitcoin is always fluctuate because it is volatile crypto currency so market is moving forward and backward. It is a decentralized cryptocurrency so no one stop the fluctuations but any government can add some regulations and it will never affect the Bitcoin.

I feel like bots could actually work wonders in these kinds of situations, after all they are automatically doing the trades so it means they must be taking advantage of the big ups and downs. I really wanted to see a bot that works on ups and downs of the leverage market as well because that looked like the real place where bots could make a serious damage considering people can't be too quick but bots could literally get out before liquidation so it is actually a good idea.

However, giving the full power to a bot is not really that healthy neither because it is software after all, even the greatest coder could have an unexpected error and I do not want all my money at the hands of a bot that doesn't really understand what I want from it, just does what I say it to do.

Bravo.

There is no more pump and dump in bitcoin.  Do any of you people even know what that phrase means?  You sound like a bunch of parrots repeating it like you think bitcoin can be P&D'ed like some penny stock, but it can't.  It goes up and down as demand fluctuates, and that's it.  If those market movements are what you all are referring to, don't call it a P&D.  Please.

And I said 'bravo' because all you can really do with bitcoin is try to sell it for more than you bought it for, which sounds so simple and easy that even one of you monkeys could do it, but it's not easy.  Most traders have neither the patience nor the cojones for that.

Market moves because whales make them move. They are having their methods to raise the demand and then dump. How far they are willing to rise or drop is not known. Of course organic growth occurs, but in times of when there is no news to actually give a bullish push whatever rise and fall is occurring will be referred to as pump and dump. Neither is there any method to verify who is selling or who is buying. So there is nothing in referring a large upstroke and a downstroke as pump and dump.

Its not tough for those who have followed the market and kept patience.

yes i couldn't agree more with you that even with bots you still need to check it manually sometimes that is the rule number 1.

actually if you do trading more often , you will get used to looking for the situation around and how to deal with it , what i mean is whenever you see a market movement unusual you will identified it early than what people can realized.
and that moment is your momentum to make a buy decision or sell, market movement always have some patterns and your job is to find it.

so IMHO to taking an advantage with the aggressive market movement is by having more experience to face any kind situation.

What do you mean by beginners don't know how to fluctuate all the time? If you meant for the trajectory of Bitcoin, no one could tell that before it happens. Everyone including the expert traders can't certainly tell which direction would Bitcoin fluctuate. All of them are just predicting but they have different level and knowledge in their of predicting.

If you are regularly monitoring the market then you will get profited in a short period of time. If the market value gets dump and if you think that is the right time to buy and buy immediately because when the price gets an increase in an hour then possible that you will get profited in an hour. This is just for those who are monitoring market value for a long time because if you are just new with this, don't risk your money especially if your money is for your daily needs, you might lose it.

We must monitor the market as often as possible, to get a dump position. After have dump position, you can immediately buy bitcoin
at that price. After that, immediately set a target sell, don't take too much profit, just 1-2% profit. Do it like that every day of the month
can get about 20% profit. That is my trading pump and dump strategy in short period. But this strategy includes very high risk, sometimes
the price cannot be controlled when we buy in dump position, it will be even more dump soon. So from that use money that we can afford
to lose.

Great idea comes to those have experience. Nowadays, needs more patience in terms of trading process since many of us here want a good amount of profit. It's so difficult to know on your own bet but sometimes we experience those losses in able to learn what we have done on our mistakes. Pump and dump needs a lot of time and I don't think many of us here will survive that 1% to 2% of profit a day like a 24hrs monitoring the value of crypto you choose.

Whales are really doing the manipulation from demand to supply, so in order to take advantage of what they are doing or planning is that you need a 24/7 chart monitoring routine. You need to check and analyze the movement every hour or a couple so you'll know what to happen next or predict.

This only works on professional traders which have a lot of skills and trading so they can make sure profits like 1-2% in every trade. But if newbies doing this i'm sure it won't run as expected because taking profits in every trades is hard even it's just 1%. The newbies will experienced loss because they will panic when their coin that they bought drops until 5% and they must be cutloss the trade.
So, for doing stable profits is need a lot of experienced of trading and very high skill.

If you see a huge bump then sell your coins,don't wait for the peak which may not stay at that price for too long then wait for the price to come down below the price you sold earlier,but it may never come as well so it depends on how much profit margin you want to reach and it will test your patience level.Simply its unpredictable market more like gamble so try you luck and wait for the result.

I prefer futures trading when it comes to multiply the gains during short term pump and dumps. Soon when bakkt launches Bitcoin options, I will jump on trading options for short term trading. Future trading with leverage can help you multiply your profits and can earn you profits in both bear and bull cycle. But be cautious with leverages. You can get robbed of all your money in a single trade if market plays against you and you get liquidated. Therefore, tight stop losses are of prime importance.

still have to look at Fibonacci for reactions to support and resistance. In the down condition it will also quickly go up because of the retracement with the support line, and if it crosses the line it is certain that the movement will be flat forming a new trend. Although it often looks like manipulation, whales also analyzes existing patterns with additional speculation, here we can read the pattern and begin to determine profit.

That is why it's important to have a target of how much profit you're aiming to achieve. Not saying that it won't go higher than the previous price. But sometimes people likes to wait till the peak price. Then the price goes down below than that. Becoming traders requires you to have all your focus on market movements. Especially if you want to fully handle the pump and dump in a very short period.

patience and enough time is a must if you really want to take advantage the pump in short term period. Because if you don't have that you will not become successful and you will end up losing money in it. It's very difficult task to do honestly because of being so volatile of the market . so you better educate your self more before making final decision, so that you know how to control your emotions as well and you know what to do when face a prob. 

Yes patience is all you need. You may take advantage on it by day trading. It will be very effective now because of the sudden pump and dump of bitcoin, but it will very tricky since we will never know when does the unstable pump and dump will end. But you may do arbitraging too. Not all the market are same in price they differs in every coin that is being listed there.

Taking advantage in the short period of time is called day trading, and only advantage from that is a profit you make. How to take that advantage and make profit, simply buy in the right time, sell in the right time, do all that again in the right time and there it is.
Of course its much easier to say it then done it, but what the hell, we are all trying to catch perfect moments for buying or selling. Nobody can tell you where is the bottom, and where is the top, you need to try to predict that, use help of course, anything that can help you, but in the end we are the ones who make the call!

I think what you shared here is a short-term trading or scalping to take advantage of the pump and dump of the market. The hardest part of trading is this one specially if the market is too volatile because any moment you are trading the price would go dump and that's beyond to your expectations.

All you have said is nothing so far from the reality, and it is true that if we must take advantage in this pump and dump of bitcoin, which is more or less like us saying that we are trading, we must have the full knowledge of the market, and then also exhibit some skills, because it is really not so easy to actually take advantage of the market in this time that the volatility is too high and this is what makes many trader do make mistake.

Because of the presence of volatility, you need to be extra careful in handling of trades, and when it comes to emotion, I really cannot say that it is easy to deal with this, but we just have to be a very disciplined person and some one that has its set goal for the market, if we have our set goal for the market, then to take advantage if bitcoin or any other coin dump and pump will be an easy thing.

I don't think that monitoring the market always will help because it will get you tired and exhausted which could bring in frustration and when you need to get the target hit,cyou miss it. But I support taking small profit as you mentioned. Taking small profit helps trader not to be trapped, the reason for losses could be huge appetite for profit.

Small profits are effective when we are working with altcoins but in the case of bitcoin I will suggest going for long term trading because it does not fluctuate all the time and you will gradually feel frustrated whereas you can try it with altcoins. Altcoins will be able to produce small profits on daily or weekly basis to keep you contended but for huge money, you have to join bitcoin.  

You need to have technical analysis of the market and regularly monitor the market growth of the coins and predict what is exact time to buy or sell.But executing this in short span of time is not at all easy task beleive me and you need to have experience for the same. Buy at low prices and sell at high prices which will get you profits but this is what most of the trader misses.So try to catch that point.

You don't have to rely on signals or even other people's prediction. As for me, the best thing to do to take advantage of every market situation is just by simply applying the basics. Buy high and sell low is the basic strategy for you to earn during the dump and pump. You can do day trading while applying this simple strategy. Learn how to deal with the changes and things will be easy for you.

I wonder how these kind of posts are related to the OP post and how it isn't qualified as off-topic or uninteresting post.

Hmm..

To OP, I would say there is no way to take advantage, as a rookie trader, when market prices moves very often in a short period. You need to have ability to read it fast and ideally you won't just buying and selling your Bitcoin on spot trading but do some shorts and longs on leverage trading so you could get enough profit as a result of your efforts.

I agree to you dude, if you are newbie on trading industry its really hard to follow the trend thats why its better to learn the basic of trading then if you master the basic next step is advanced trafing like how to read the chart, candle and indicators in that case you will make a trading set up to follow the trend even its pump or dump.

and as a suggestion for those rookies, don't trade when the price moves so fast and sometimes holding it longer is better than taking little profit from short-term trading activity.

lastly, don't be day trader unless you are willing to lost much money just to learn how things work.

Bitcoin is the most volatile coin and the only asset that is capable of producing profits from trading even during the dips. With such a volatile coin that shows good changes on daily basis, day trading must be the priority. Long term trading would also bring benefits but that demands a lot of time. With short terms and day trading, an investor can increase his capital without wasting anytime waiting.

Day trades or active one is the most common way on accumulating btc without the need for huge price swings or movements.Knowing that there
are two different ways on how to trading either short term or long term.So we know the accompanied risk level on the two but having also the different
profitability.Skills would vary if you day trade and not every trader would able to do so yet this one requires lots of experience and trading skills for you to fit out.

If you buy a bitcoin that is deemed sufficient at the low price then use the target percentage in taking profit. The short term means not taking a big profit. or you can take advantage of the moment in altcoin which usually goes down when the price of Bitcoin goes down. at least you can monitor buy/sell support when you want to make a decision to buy or sell.

First thing first is you need to be very knowledgeable in Bitcoin's market, have a ready funds and don't be greedy. You need to be updated with the movement of the market so you know when is the right time to buy Bitcoin and sell it immediately once you gain at least 1-2% since you're target is short-term trading, with this approach you can reduce the loss of funds.

Exactly, being greedy most of the time turned out to be  worst and we will lose our fund, so just aim for something realistic if we want to make a profit in just short period. Let's not aim for something big. Another thing is to make sure you have much time to watch out the price action and the volume, so you can make sure that you will have profit, not just leaving your money in exchange buying and just set sell, you should still focus and check it too from time to time.

There is no strategy to follow when you are doing something like that, what you are trying to do is to guess when the market is going to dump or when it is going to pump, since you cannot predict when a whale is going to sell or buy a lot of coins then you have no option but to watch the price.

When it goes up a certain percentage then you should buy it and when the opposite happens then you should short it, but all of this happens so fast you will have no option but to watch the markets all the time or to use a bot.

This is really very difficult and only prophets can do and not even. because the price of bitcoin is always manipulated by many sharks and you will never know which is the top or the bottom.
The best way is to use the indicators RSI, EMA, MACD, Bollinger Band to identify the support or resistance is strong or not, so that you can make a more accurate decision.

If the pump or dump comes too fast, I don't think that all of the indicators will work because the moving of the coin will be too fast. You cannot predict how much the price will increase or decrease because the price will go up and down with fast. You can only place an order buy or sell at the price you want and hope that it will be filled in a short time. But the truth is we don't know if the bitcoin will get a pump or dump in a short period because there are so many traders are involved in the market, and we could only make a line on our analysis and predict where the price will be moved.

Simply buy and sell Tether. When BTC becomes bullish and you think that it's in its ATH for a week or day, depending on what type of trading you are doing then sell your BTC for Tether. On the other side, if BTC becomes bearish and you think that it's in dip price, then sell your Tether to buy BTC. This seems to be simply but difficult to perform specially in determining if it's good to buy or sell.

Most traders are also gambling with their positions, especially traders who are doing the scalps it's very unpredictable market and sometimes it's wild and can bring your investment to very huge falls. You need to have a good mindsets and  a big nerve to keep working out with this industry, never to forget to research and understand the path that you are following to have a good position once your trade being hit.

Hard shock to BTC has occurred in the last few days, if what is meant is a pump and dump within an hour and continuing, then this condition enters the confused zone after failing to retest. What can be done is to look at tf 1d, currently in the bearish zone, use several open positions for short leverage.

Signals? I don't think that there is a specific method, strategies on how to take an advantage in such short time span. Movement of prices in such time would be way too quick for you to take an appropriate action with regards to specific time. Well, if you are good enough with chart analysis you'll be fine at such time but if you are currently depending on the event itself you'll find hard time reacting to such changes or worst you might get lose.

In short periods? Then you're talking about day trading, unless you mean all these pump and dumps that useless some little altcoins lol. There are some altcoins that get pumped and when their prices are high, those who pumped it will withdraw their money and causing the price to fall. So, if you're able to tell when the price of a coin will go up especially altcoins, you can invest and sell when it's about to drop.

I have seen some people that usually join some pump groups that are on telegram, but I don't fancy that. I will advise you to stick to your own, but the choice you make is still yours.

I don't see anything wrong if you're aiming for a big on a long term, unless for a short term, that's when it's becoming greedy and looking for a means to make quick money. Short term is not an easy thing I do, so I don't prefer it over long term investments.

Better would be to stick with bitcoin instead of going for an altcoin. Bitcoin is the most volatile currency and in order to make profits regardless of the season within short duration of time, a highly volatile asset is required. Bitcoin has this quality. Even if an investor fails to buy it at lowest price, he still can earn money with the help of trading and taking advantage from fluctuations. Altcoins are not too good at yielding profits.

In order to manage to make money on such a scheme, you need to have trading experience, clearly see the signals of the emergence of a strong movement and quickly respond and take profits. I think that an ordinary trader can rarely make money on a pump. Mostly market makers make money on it.

I think it's really risky if we joined into a trade with a coin that already give the signal of the strong movement because the whales who controlled it are ready to sell theirs when people realize it has a big pump, and people who just bought the coins are trapped and stuck and have no choice beside sell with loss or hold it. So, i think we have to predict and analysis when a coin will be pump and we have to already bought the coins before the whales buy it

A little difficult because this requires quite clever experience in understanding candlestick charts. because the dump and pump are short means you have to dedicate your time to continuously monitoring the graph every second, do not to miss it. this is very tiring but if accurate the results will be very good, you will get a lot profit.
very rarely people can do something like this.
I myself only can take advantage 1 moment only (follow the dump/pump), can not take advantage of 2 moments at once (pump and dump).
if you have a trading bot it's much better.

Even if a person had experience in technical analysis and had been in the market for years, he could not predict when a pump would happen. In order to predict the pump one should frequently follow the crypto related news and know how to evaluate the impact that this news could bring to the crypto market. If you follow altcoins, then you will understand what I am talking about

For me as well it's Much Better to trade for long-term as I feel safe for trading in long term and it gives me more profit while fluctuation, as buying at a low price and selling at high, is the only way to trade profitably. For day trading we need to keep eyes on the market all the time and take miner but gradual profit but in log term trading you get huge once and it helps avoid frustration.

yes, you dont need your knowledge in TA for those pnd coins. you can get a hint that such situation is coming if you are closely following a specific altcoin and getting hints from its developers via their social media channels or discussions.
i have seen coins that were pnd many times, and sometimes you are glad that you didnt jump on their tactics. most coins that do that kind of strategy are those which dont have real app in the market. and ive seen that mostly in mn coins. and after selling their coins, they will create a new one and then a new one...

The truth about taking advantage of bitcoin short pump and dump is that you must really be a trader to be able to do that because when bitcoin is going to dump or pump is usually not going to be announced and you sometimes find it hard to see the hand writing on the surface and not even through fundamental analysis, and I think that it is only technical analysis that is at least able to get close to when bitcoin is going to make some market reaction, so the best way to partake in it is to learn how to trade, then it will be easy for us to follow the market and be able to predict when the market will dump so that we can sell and when the market will increase so that we can buy. It will be hard for an ordinary holder to be able to predict the market if they don’t know how to follow analysis.

Technical analysis is a hectic task and trader should save himself from such hard efforts for any sort of coin. In my opinion, every tool and strategy has its own importance. Keeping an eye on changing values, going through words of others, using tools, doing TA all are important only if the coin is a potential one. The foremost requirement of succeeding in crypto coin market is choosing a profit promising coin.

I think that is impossible for anyone. because the future is unpredictable and it is not easy to predict the bottom and top of a coin, no matter how well it shows.
Financial markets always exist many risks in terms of manipulation, news and economic developments among powers. So this determination is really hard and we can only calculate probability.

The future is unpredictable as you said but is not talking about market price predictions and what's he talking about making a good advantage( through short trading) of the trend the crypto market posed which i believe is pretty risky but easy for experienced crypto traders and investors.

Those that are looking to exploit the fast movements of the market do not really have any option but to look at the price all the time, that is the only way in which you can take advantage of the fast movements of the market, but as we know even the best traders cannot do that all the time.

The only option they have is to create a bot that can watch the markets all day and when there is a big movement in either direction the bot should make a trade hoping the movement is large enough to give them profits.

In investing in the different cryptocurrency, you must to be knowledgable in using different crypto and also you must be aware of the graph and the price all the time. Being conscious about the happenings in the market must be needed. You can use the pumping as an advantage on btc because not all the time, the bitcoin always pump is just in a few days giving to pump, and as a crypto holder, it is profitable to us. In dumping, we can use this as an advantage too for investing because if you invested already at a high price, it might cost you for a small amount of profit, but if you spent in a dump, it and the price pumps it gives you a huge advantage.

I know that using bots has been designed to increase control and make money more effectively from the pump and dump opportunities that bitcoin creates but behind such a high level of management, it's risky because as we all know, designs are never perfect and the amount of money needed to invest in bitcoin is not low, bad handling will create a bad scenario. Better yet, we should put our capabilities in the top priority, maybe it won't be as effective as bots but we will at least know how things are going.

Technical analysis might gives an hint but its not possible for anyone to predict the short bumps and dump,so if you see any buy or sell depends on which could gives you some profits,don;t be too greedy you can't sell at the perfect top price.Something is better than nothing.

Technical analysis is not essential to make profits from bitcoin. The most important trait is the knowledge that an investor has regarding this coin and how much trust he puts into its strength. No one can predict the exact values but the upcoming trend is guessable. The best way to learn about bitcoin is by observing it changing value with respect to unit time. Come up with one’s own analysis.

Yes, technical analysis cannot be a benchmark of rising or falling bitcoin prices, I myself analyzed bitcoin directly to the market to see the trading conditions there so in my opinion the technical analysis is only temporary and cannot be revealed right,
Looking at the market right away and whether there are buying in large quantities then this possibility will rise again for bitcoin.

Nothing can be more helpful and useful than doing your own research. With Bitcoin, volatility is so high that making accurate predictions is difficult even for the experts. Instead of following others, the right way to become successful in any domain of life is to make your own way. Good to hear that you do your own analysis by keeping an eye on the market. This is how crypto trading should be done actually.

If you don't use a bot then you have to monitor the market every day, and when you feel the price is at a low point, maybe that's the right time to buy. and you are just waiting for the market to go up, when you feel you've got results, then that's when you make a sale. always monitoring the market situation is something that must be prioritized when you want to take advantage of pumps and dumps in a short time.

And that is the greatest weakness of bots, you need to rely completely on the bot and trust that everything will be OK, but if there is an error on the code of the bot you could enter the market at the wrong time or even worse you could send your coins by accident to an address you do not control.

But if you debug your code very carefully it should be easy to create a bot that is capable to trade the market as you could with the advantage that the bot can do this in a tireless way.

We should not do so because it is a risky action for ordinary speculators. we should only deal with the trend. but a trend reversal will have a low probability of accuracy and we will be more likely to lose. I have tried many times to catch the top or bottom of the BTCUSD pair to execute Short or Long orders, but I have many times failed even though the indicator is very clear. so don't try to be greedy, it just makes us lose more.

Personally I'm not usually doing it in a short period. However, its really lucky of you get the right price at the given short time. I'm reading some comments and I get some ideas though. I may have to try it soon. But most likely btc pump and dump period for me is more likely to buy btc to take advantage of the price.

You only rely on the trend? what happen if there's no trend for that day? Meaning you will not earn right? So better know how to work with it so that we can earn on the fundamentals if we want to spot the correct dump and pump scheme with bitcoins although the market is unpredictable but still we can earn with it and gain a huge chances since we know how to do a counter action when sudden changes appears.

The sole purpose of following the trend should be just doing a comparison of your own analysis with it. That way, a holder can learn a lot. For traders, it is a must to do their own research first. Read articles and go through predictions of others. Discuss doubts and ask problems in relevant forums. Increase the knowledge of coins and trading. Otherwise, it would become too hard o succeed.

in these 2 days bitcoin has experienced fluctuations that are still downtrend and has entered the final round, I believe it. For traders who want to play it safe, current conditions can not only be seen from the hourly chart, because the short and long occur very strongly, it is better if playing with spot orders, especially for novice traders, or liquid will appear like a storm and repeatedly.

There are several ways to trade the markets but no matter what style you use you are always going to depend that the price trends in the direction that you predicted and if that doesn't happen then you do not make money and this is true for all traders.

That is why it is so important to spend all the time possible that you can to try to increase the accuracy of your predictions that way you will get a lot of confidence when you make your trades since you know that you have a very high chance of winning that particular trade.