Bitcoin Forum

Do someone of you do this ? I'm tired to see shitcoins like sembrotoken and some others being pumped every month without winning a penny :'(
Have you a trick to spot faster the pumpcoins like that ????

Because when I see Fuel2coin, sembrotoken and some others... I'm quite mad ! Some of these were 300 sat and went to 20k you know, for no reason just to be pumped :'(

Cheers !!! :)

You could always try. You have just invest small amounts to get some big returns.

If you try it with 10 coins and if one goes 10x you're already break even.

Your trust in the dev can decide your purchase.

I do it all the time.

Rule no.1: All coin are shitcoins
Rule no.2: When you're crying someone is winning
Rule no 3: Every coin go through pump & dump.
Rule no.3: Those who stand by Rule no.1,2 & 3 succeeds in crypto.

Like for every pump & dump, some win, some lose. If you want to only play, try to watch the market and learn with small amounts for start, else you may get burnt bigtime.

If you want to buy and hold, do more research, not all coin actually worth it.

You'd be better off getting those coins pre exchange if possible to add more guarantee to ROI.  Other then that you could always make your own and control your destiny.

You need to wait for the signals. More than often you will see people posting about the same thing that the price is going up using different accounts. I would stay away from these at all cost. No point getting involved into that.

There is a narrow window period during which you can make profit but that window period depends on coin's dev , roadmap etc. Most of the times , when a coin hits the exchange it has more chances of getting dumped than being pumped if you analyse the current scenario.

Well I already found the coin I wanted to be involved in. That's CANN because i'm 100% sure this coin will become something huge, which means that I already followed your advice months ago :D.
In fact, I just want quick money to buy more CANN. I don't really care about the coins itselves on the long term.


So thanks for your advices guys, I bought into 6 different coins with really small amounts, just to give it a try !


I'll follow these rules ;)

The only ones that can really earn on sh*tcoins are admins of exchanges, ive seen too much coins delisted and then relisted and pumped,
then coins pumped, but you cant deposit them coz of some lame excuses, and then you can deposit but pump ended..and so on..

each one of altcoin markets is manipulated, if u ask me, and ive been here a long time now.

cheers

NEVER do this, unless you want to lose more and leave cryprocurrency for ever and look back at it as a bad experience which cost you money.
you can learn how the market works or sometimes ask others for help but never can be sure

I tried when I first started and it hurt bigtime.
Don't do it OP.

^^?? what

But some coins end up dying before there is a pump. ALso, if you buy too much and there is not enough volume you may not be able to sell them.

Why would I loose money ? I'm buying 0.02/0.05 of these shitcoins each. Not a lot ! And of course, I always buy it when it's at his lowest before any pump.

But yeah you must be right, I read plenty of times bad things about bittrex staff...

i wouldn't play this game but if i were, buy coins just hitting the markets.  those would have the highest chances of being pumped before dumped.  any seasoned shitcoin.. the direction is only down down down.  sometimes slowly with bouces.  sometime just a dive off the cliff when the pump is over.

read this very great article before buying any altcoins if you are new to this :
https://altcoinherald.com/altcoin-great-depression-may-overblown/   
(ps, forget the comments made by readers at the end, it's shit)

this will probably change your opinion... it isn't about to not "investing" in alt currencies, but to choose better alts and to not expect the profits to happen the next day.
have fun trading!
 :)

May as well gamble them at one of the many bitcoin casinos out there. At least  you'd be aware of your risks and find out right away if it was a smart thing to do.

are you too poor to trade here?

https://i.imgur.com/zeOYOz2.jpg

why do you waste time of everyone with stupid question so that you can trade your peasants wage here?
we dont care for this thing

0.02btc is only 4 dollar you poor man, you are bum not trader

So what ? Why do you need to be that condescendent, don't you have "real" trading to do kiddo ?
Almost everyone trading alts is a poor guy who is playing in the sand box compared to real stuff they're doing at Wallstreet for example, that's obvious. So yourself, at some point of view, are smaller than a shit-loving fly.

Yeah i'm noob in crypto and poor in real life so i'm trying to merge 0.02 btc into 0.1 maybe, maybe I won't, only the time will show me the truth :)
While I wait for these results to teach me more about this kind of stuff I don't really understand yet, go back to your shit gambling making you think you're a real trader and don't bother me anymore, moron.

what is your age?

Probably lower than yours indeed
Sad to see you don't have anything to do but ask random guy his age while blaming him for being poor and learning ahah

My respects, old man  ;)

hopefull you don't lose your 4 dollar if you did this then you cant buy fries with your happy meal you schoolboy

you dont have hair on ballsack but you think you can argue me?

your networth is 4 dollar  

you silly child, i press two buttons on keyboard and in two hour i make $2000 so this is no place for children with 4 dollar

Cool story buddy, the truth is I don't give a single fuck. :'(
Would you mind showing your big penis out of here please ?

As good a strategy as any. By the time I research coins pumps are already done.

Don't do it. You only propagate the problem. Most importantly you will lose your money. The only ones making money on shitcoin pumps are the ones in the "know" which include whales, exchanges, and developers. Its all about manipulating the suckers.

Quick money in this scene dried up last spring. Then you could buy any coin low and it would cycle back up for profit.

Look at longterm and put your money into something worthwhile. Maybe in a few months you make big money.

That doesn't help him i nvest in the right coin which will be pumped.
I think devs tend to pump coins which are dead, and do not require a large volume of buys to pump the coin to the moon.

No I don't invest in random shitcoins, I actually started a project where I would buy some coins and put them on off-line wallets but it failed due to a stupid mistake of mine and now I don't bother with any alts for the time being.

Anybody who says yes is just pumping their shit coin.

I think devs tend to make sure they own almost all the coins minted for a particular shit coin before they pump it. Then they become the only person able to significantly dump the price back down. They can use tricks like a huge premine or instamine to achieve this,

Thanks for your awnser ! I'll tell you if it paid out :)

For example guys, take a look at this.


https://i.imgur.com/0wEAUPD.jpg


This coin is 100% a deadcoin. The dev, after selling every single coin of the ICO, put pictures of him happy in a fucking badass hotel to make people rage, so it's clearly a deadcoin.
Then, why the hell are there every 2 weeks 2 btc worth of volume just to avoid a delist of the coin ?

What is the plan behind it in your opinion ?

Bagholders my friend. You got a few btc into a coin you don't want to see it die. Once off the exchanges the coin is dead dead dead.

Man, this makes no sense at all. Do not tell me that people who bought at 800 sat really care about their coins worth 5sat, this is not even called money, it's nothing.
So then, why the hell is this happening ?

The biggest danger is a sudden delisting or blockchain problem.

If you have the tools to analyze network health I would do that before buying any random coin. Make sure there is still a strong heart beat before you risk money.

I would also stick with an exchange like Cryptsy where delistings do not strike like lightning. I would never use Bittrex for a plan like this.

It is the hope. psychological factor, it is all about it-

You have coin that costed 100USD/1  now it  costs 1USD/1coin. You do not want to get delisted  because you are keeping telling yourself- it will come back. But if you do this, you already lost.

maybe a better idea to buy coins with potential

Yeah you're right I think.
But I mean here, the dev said to people that he scammed them, he insulted them, changed the coin-related thread name into "DONT BUY ICO SHIT MORONS". So what could they hope ? It's more than dead.

If you're right about it, they must be really stupid...

+1 .. I've been down this same road before, and had nothing but loss. maybe i just suck at trading, but now i only buy BTC and hodl. Yes, it's boring at times, but at least i'm not losing money and worrying about holding bags of shit (coins).

YMMV of course. ;)

Many small wins pale in comparison to a big loss.

and you are an asshole.

nan

I used to do this when I started out, and it worked ok.  I would buy almost every coin on poloniex, maybe .01 worth of each, and then start setting orders.  If the coin goes up 1000%, I already have an open order to sell 10% of what I bought.  Then another 10% if it goes up again.

The reason I did that is because I didn't know much about crypto, so I was trusting that poloniex had chosen some of the better coins.  I did avoid some like BALLS, or ones that were too expensive like SYNC.  So I made a little money that way, but then I started researching, googling, and reading hundreds of pages of information here at bitcointalk.  You can't believe anything that one person says, especially about an altcoin, so you have to keep digging until you get a bigger picture of what's real and what is lies.

So I started selling my coins that seemed to be outright scams - URO, BCN, anything with huge premine or false promises.  

Then I started selling the coins that are just clones or have nothing special to offer.  But I waited until I could sell them for more than I paid.

I still have some of those randomly-bought coins, still waiting for the price to be more than what I paid.  Some of them will probably never get there, and some of them will probably be delisted.  But it will only be .01btc for each coin, while I have already made an overall profit on other coins.

My "buy everything strategy" got me some coins that I am still holding, for example I bought Stellar at 400, 600, and 700, and now it's selling for 1800.  I bought Opal for 899, and now it's over 3000.  I bought some Storj for 4000 and 5000, and now it's over 10,000.  I bought Dnotes at 1400, and now it's 4000.  

But I also bought some Altcoin Herald for 3000, and now it's 100.  (I did sell some for 4900, but I still have some).

So, without being able to see the future, how can we buy more of the good ones and less of the bad ones?  

#1, try not to buy high unless you're really sure the price will never drop again.  If you think a coin is selling for a good price today, then obviously it would be an even better price if it was a little cheaper.  Put in an order for less than market, and wait.  Have patience.  And seriously, don't pay the ask unless you can admit to yourself that you're afraid nobody will fill your bid.  Emotion drives many traders;  they sell because they're scared, and they buy because they're excited.  You want to be the calm person, buying from the scared people and selling to the excited people.

So find a good coin with solid fundamentals, no huge premine, no trillions of coins floating around, with a good name and good reputation.  And then look at the charts - has it been cheaper recently?  Is it on a sharp upward spike that you've already missed out on?  Maybe wait.  Maybe it will keep going higher and maybe it is a good buy anyway, but there are plenty of other coins that are currently cheap that might be better buys today.  

go for EXCL and u will be good

I'd just second that. Some good coins turned to be shit and vice versa. Id'd devs ftw.

As long as it can be traded, there's the possibility for a pump&dump. You could use this chance to sell your coins with a lower loss.

Thanks for your advices man !

Another thing that's very important - it took Bitcoin 4 years before it went to the moon. 

If you want to have the opportunity to spend a few dollars on a coin and sell it for thousands, you will have to wait.  Not days, not weeks, not months, but years.

And if you're going to keep some of these coins for years, you cannot trust any exchange to stick around for that long and keep your coins safe. 

So if you think there's a 1% chance that a coin could go from $0.01 to $100.00, then buy some.  But withdraw some of it and keep it in a wallet.  You might not even be able to sync the wallet for some of these coins, so that may be a sign that the coin doesn't have a good future.  But for the coins that do have a working blockchain that you can connect to, learn how to store the coins in an offline wallet, encrypt the wallet, and make secure backups of the wallet.dat file for each coin. 

sure why not

make sure to buy rubles and greek government bonds while you're at it :)