Bitcoin Forum

Can you tell me please  how  to recognize  that  a  coin is probably being pumped, so that one can enter at  a  good  entry-point level?

I think that  can be achieved  observing the chart of  a low cap  coin ... if  it's  quite stable for months and  then  suddenly it breaks out this probably means  that the  coin is  being pumped and if you are fast ebough you can ride the rally to gain some profits..

I say  a coin with a low market cap because  they  are esiear  to pump, because it's  enough a  small ammount of  money to pump coins  with a small market cap

One of the biggest indicators is sudden change in volume and a majority of buy orders. But this can also be artificial, where miners suddenly change to a new coin.

You are talking about one of the greatest challenges for all crypto traders. And there is no ABC answer. I usually look for two situations in certain coin. The first one is volume - quickly appearing buy orders, bulk orders (e.g. 15 middle sized orders of the same amount of coin below market price) and other signs. The second one is price reaction - pumps are often forerun with sudden decrease in volatility.

Should these situation happen together, you get fair probability that you are in beginning of a pump.

Yes, this is true but what you can use is of you look at past volume and you notice there has been some level of occassional accumulation and some youtube channels are talking about it like the best new deal in town

Nope, to my experience, I have seen many coins where volume gets decreased in spite of increasing while they prepare to pump up a coin.
As well, when the price starts tickling too quick and you see movements in a coin which has not moved since a week or a month, then get in because it's a sign of a pump getting ready to shoot it up to previous highs or even more. But I would advice you to stay away from a coin which is already getting pumped and look for something better, because one can never figure out the levels at which they should leave it because the more higher it goes, the more greed it gets in our mind to wait more and there we take the wrong decision of stopping by. Remember, it's never too easy to get out once price starts slipping down.

Exactly. When you notice that somewhat the volume has risen to dramatic number in few hours and check the trollbox, if you are familiar with it, look for signs that a lot of people are suddenly talking about that coins and creating a lot of hype around it. Just be careful and very quick because this pump and dump group works in unison with one another. If you see that there are massive buy then they are dumping it right now. You don't want to be trap and next to exit in time, so just be cautious and act fast.

Another sign I found is to ask myself did anything change to cause this random rise in price and volume. If not, it's probably a pump.

Another thing is popular YouTube channels will tell people about a coin and randomly people will buy it to pump it.

Twitter followers and popular YouTube's can cause the value of a coin to randomly come up

Usually it's temporary rise

sometimes it is a new development related to that coin. It is a sudden rise because it is fake news. they hunt other people.

I think that only way to know that is to be connected with coin admin and check news ,reviews about that coin everyday and like that way you can get more informations but you shouldnt trust to everybody because there is a lot of fake cryptocurrency news which are created only to make money from adsense ads or they are using own referral links connected to banners.Also if you check buyers and seller balance in exchangers you should better check couple of exchangers.

It is really good to find a service where this pumps can be registered using some technical algorithms.

there is a way for you to know this, but it is very risky

you already know that the world of virtual currencies the price is influenced by good and bad news and you know that exists coinmarketcap that list the currencies

what you should do:

do a coinmarketcap search on currencies with low value and potential, and stay tunedt for the news in the ANN of these currencies.

You'll know when that coin will have a pump and a dump.




with this strategy will be very difficult, because there are many currencies

it's very difficult to recognize will it be or not,
but from my experience the way i feel it by reading the buy/sell orders and the news.
usually there are no 'big sell order nor buy order' in the buy/sell oders,but suddenly in the next hour you can see a 'big sell orders',
mose people using that sell order to trigger the weak hands,because of that the price will goes down and the strong hand accumulate more coin.
after a few hours usually they will take it off and start the pump.
(actually it can not be say as a way to recognize it,but it's some clue how it works)
and if you heard there will be something in the next month,
usually the price will be pumped a few days before the news come up.
and when the news come up that is the time to dump it

I usually watch the market closely. If there are big buys happening without carefully increasing the price, it signals me that whales are accumulating... ;)

Learn how to analyze charts. Look for signs of repeated behavior in the market.

Note: Its better to recognize/analyze patterns than pumps.

I look trading volumes on the first pump candle. And bots activity.

First of all, look at 1-minute graphs. If you see that coin grew 50% or more just in one minute - it's a pump. True growth is more steady.|
Second - find pump groups and analyze what they are writing. You can easy find about 10 biggest pump groups
Third - analyze twitter.

I think an interesting phenomena is also the after pump. It is 24 hours after the pump a new rise often starts by people who missed the first one

Indeed, I made some profit on artificially pumped coins during the summer. It was a foolproof strategy - almost like "enter at close of the second green candle after the dump, exit at close of first red candle". Believe it or not, it worked nicely for some time. Then pumping became more difficult and even orchestrated pump groups weren't able to pump a coin (so second post-pump wave was not there).

Well, sometimes al those "pump" groups are doing pre-pumps for their VIP and sometimes you can spot it like 15 minutes or half and hour before a real pump. But I would suggest You to stay away from those, because You can't really profit much from it, and they are made for dumping high prices to other people that FOMO.

I use three ressources to recognize, which coin will pump.
1. coinomi app (can also be another multicoin wallet)
2. blockfolio app
3. eobot
On coinomi app I can watch many coins on one site.
On Blockfolio I can see the whole history on each coin at many exchangers. I can set alerts, what is also a nice feature.
Eobot is mainly known as cloud miner, but the very special on it is its surface with many well established alts on one site. So I see at once, which coin is just hyping.
I am still searching for a mobile app, that shows the movements of alts on one page.

This is difficult, if not carefully observed. Didn`t we know that Bitcoin is similar to gold (a tool of sale or a trade tool). According to market analysis I noticed, traders usually will offer their merchandise at a low first price. If there is a long queue of buyers, then the sipedagang will raise the price bit by bit (there is a pumping system), a trick like this has long been done by traders all over the country.
Therefore, I personally pay attention to it from "buyer traffic"

I think it is like the concept of a pump, more specifically an air pump. When you want to give air to something, you'll pull the pump to gather air inside, then pump it out to the object that needs it. In cryptocurrency, there is a sudden change in volume because it is being held together, decreasing the volume outside while the price is increasing, in the middle of increase the volume will be released simultaneously, with the price still rising. This is how i understand pump.