Bitcoin Forum

Economy => Trading Discussion => Topic started by: alpha492 on December 06, 2013, 01:57:36 AM



Title: A Newbies Guide to Pump and Dumping
Post by: alpha492 on December 06, 2013, 01:57:36 AM
At wallstreetcrypto, and @Cryptoforex we've been studying the patterns of pump&dumping awhile.  Although this isn't a comprehensive report on the anatomy of P&D's for those just getting into trading this should serve as a pretty good guide on how to benefit without getting burned.  Check it out, let us know what you think, and what could be added.  Thanks!

http://www.wallstreetcrypto.net/2013/12/like-stock-market-days-of-old-of.html


Title: Re: A Newbies Guide to Pump and Dumping
Post by: LiteCoinGuy on December 06, 2013, 01:02:04 PM
benefit without getting burned: be the scammer.


Title: Re: A Newbies Guide to Pump and Dumping
Post by: cdtc on December 06, 2013, 02:58:36 PM
Very good article, always monitor the market and price fluctuation and you should not get burned.


Title: Re: A Newbies Guide to Pump and Dumping
Post by: alpha492 on December 06, 2013, 06:06:09 PM
Very good article, always monitor the market and price fluctuation and you should not get burned.

Thanks I appreciate the feedback!

benefit without getting burned: be the scammer.
I think the point is more that its gambling then actual trading.  If you know what your in for its difficult to call it flat out "scamming" but you have to know that the house always wins.  Read the article, the "collective effort" claims are addressed.


Title: Re: A Newbies Guide to Pump and Dumping
Post by: Jcw188 on December 06, 2013, 06:30:49 PM
Similarly, I have read that when you get info in the mail on penny stocks you'll want to usually avoid them.  The price tends to be highest when they are sending out the info and then it will crash shortly thereafter.  Just generally speaking.


Title: Re: A Newbies Guide to Pump and Dumping
Post by: alpha492 on December 06, 2013, 06:36:37 PM
Similarly, I have read that when you get info in the mail on penny stocks you'll want to usually avoid them.  The price tends to be highest when they are sending out the info and then it will crash shortly thereafter.  Just generally speaking.

I've never heard that but it makes sense, thanks!


Title: Re: A Newbies Guide to Pump and Dumping
Post by: alpha492 on December 08, 2013, 03:02:43 PM
Article just hit 1k views, one of our more popular ones.