Bitcoin Forum

I have seen a lot of people get disturbed whenever they see dumpers dumping the coins they have at unreasonable prices. To my amazement also, some people might dump a huge amount of token for just a penny, as if their whole life depend on it.

Whenever this happens, either as a bounty hunter or as an investor, i usually do not get bothered. Most times when a project is newly listed on exchange, i would avoid being in a rush to sell, but wait to see what would be the stable price, before the take off.

If the price goes very low due to dumping by dumpers, instead of grumbling or being disturbed, i will buy as many as i can and wait for the next pump.
Most times i had the opportunities like this, i was able to earn profits not less than x3 the price I bought from dumpers.

It works and you too can try it. I believe it will work for you.

The strategy certainly works but only on quality coins and not dead or weak coins. Although I do not understand why people sell cheap and at a loss, let's just accept that fact and take advantage of discounted quality coins.

great idea. anyway that project must be a good one. so we must do some research before doing that. if not we will lost our money. if its a good project with trust then your method is really good one. thanks

Yeah it does work most of the times but in extremely bearish markets that we are experiencing right now everything seems to be slipping down more and more, so buying even from the dips can result in more and more losses so just wait for better market for now.

It happened just this week to a project that i know, 4th Pillar go be precised. One if the investors became furious and asked the admin on how to kill the dumper and the admin's response was epic.
Take a look at the image of the conversation.

I am agree in general. But it is as simple as that. Sometimes it is best to sell some coins (even with low price) and buy others if you see that it can help you to make some profit.

You have money to spend in buying more then, how about the people who dont have much?
or people who holds the token for a long time and having a hard time now to spend more money?
This market is good to those who have some to buy but not good for long time holders who can't afford to get more.

I think the one who did that was a bounty hunter, they sold all the coins they got even at a low price, but I think it gave investors an advantage.
let the bounty hunters sell all their coins first, after that the price of the coin will go up and that's when the opportunity for investors to sell.

Many of the coins that you get in the bounty,should sell until the price is acceptable,then it may be too late.

One reason, they need the money for their daily expenses.  If you have extra money in your stash, you won't be selling at a very low price.  You will wait for it and since you have the money for everyday living, you have the luxury  of waiting until you see a good profit from your holdings.  But sadly some people do not have luxury and most of the investors invest all they have so in a long run, they are forced to sell their holdings even if they are at a loss.

This would be the smart people should do to gain profit for those weak handed people. I think it is advantageous to some people that there are dumpers which don't care about the project's future and all they think is to earn penny.

It works if the project you have joined as a bounty hunter or investor has a good marketing strategy or active in project development. However, a lot of investors and holders sometimes lose hope on projects once they see prices falling and projects not making it on time with their plan depending on the road map.

I agree, a lot of good tokens are sold very cheap, as if the owners of these tokens really need and live there for just a few dollars. Especially those that have not been listed and they sell it at FD. I personally hold more, especially when the market is not so good now

Well that strategy does not always work as some altcoins tend to not really take off in price heights or even have stability due to the fact that these after mentioned altcoins does not really have value at all due to multiple reasons and only an few ICOs have value in itspecially in the bearish market like what we have right now.

In this bear market the strategy may backfire except if you are trying to hold long-term and not taking profit immediately, i have seen coin that dump and keep dumping more.

The OP has made valid points, i have also tried it on two occasions if i can remember vividly and it definitely works for me. Most times buying some these coins from dumpers, the good ones in particular, does not require much of money. You can just use $20 to buy a coin on dex that normally worth over $200, before it is officially listed on centralized exchange.

Nice faith and strong  motivation you got there pal.But for me its like really a matter of luck just like gambling to guess the right time to sell.Because sometimes the next wave of mooning is somehow too long to wait before it happens again so if opportunity like a x2 or if lucky x3 profit is at your hands already then go grab for it.Its already better than selling on dumped price already.

That's a great idea, being disturbed from dump will not give a hope at all it may spoil our dreams, rather than focusing on loss I'd prefer to hold and wait patiently till the next pump happens.

A good motivation for troops bounty hunter who always come to complain and blame fellow bounty hunter.
The points above are directed at bounty hunter who have just entered the world of cryptocurrency, For those who not too understand about pump-and-dump scheme.

good action when you buy tokens that are dumped, because we will get tokens at a low price. this is a good opportunity to be able to make a profit when the next pump.

this is everyone's choice, panic dominates each of their mindsets, and they assume that the bearish market has no hope of bullish quickly. so they choose to sell altcoins.

sometimes their decisions are right, and we are wrong.

so, I think predictions and analysis must always be the main strategy.

I do agree with this, if only the team of that particular project would but that dumped token then there would be no more problem with that kind as those bounty tokens which is 2-3% of the total supply will be depleted.

I agree with your opinion. It is important that the coin has a real or large community application that is likely to be high sooner or later to be pumpable except for the weak coin.

If you buy now then it like giving away you money when the market still can decline dipper isn't going to make you profit but will just make you hold for longer years to profit.  Be like them instead because you can never make them hold like you do. If a token is going to go up, then let's see if it goes up.

Its true, we should need calm and not dump token we have when first listing. Many hunters dump their token when token listed in exchanger and its our opportunity for buying token below ICOs price. Its good strategy to make profits

It works, but for the top coins in the market, and not shit coins. I use to do it too, especially with Bitcoin, because I don’t trust any of these altcoins, thought some of them are reliable, just like ETH, but most of them are not worth waiting on, cause if you keep on waiting, everyone will dump it on you. But with bitcoin there is always hope that price will get back up.

In fact, it is very difficult to decide what to do with tokens, I have always had no luck, I sell coins, they are more expensive, I don’t sell they fall to the floor

This is not always true and cannot happen with every coin. If the project is not strong enough, its listing value will always be less than its ico price, if no one is buying that coin. The project may even get delisted from popular exchanges if it does not have good volume. So, I think your strategy might not always work.

You might not be using stop loss or not be putting sell orders. Entry and exit points of tokens matter a lot. Be careful if you are buying a coin which has already pumped.

Most of the people are selling their altcoin especially to those coins with no literal value or less value. Because they want to buy and grab the opportunity to buy good quality coin at a lower price because of the dump of market.

For me it is not hard to avoid all of the dips and the crashes because I have being through it before but with some people who are still new to this it can be harder for them to actually be less disturbed about it, since most of them bought the coins at the all time high, they are actually watching their coins go down everyday in value and that is not easy to watch

Every time I try to play a exchange, the market shows me that this activity is not for me.

The variant to buy more tokens and wait for the next pump is not always the best and right choice. There are such tokens that have the pump only once at the best.

When the price of BTC is below the 4k $, I believe that USDT is the best coin. So the option of selling the altcoin is not a potential decision. It is possible to get that money to invest in BTC right now

Human psychology plays an important role in trading. It is not surprising that those psychological characteristics that affect people in everyday life will also determine their behavior in the process of trading

Going for tokens that have already pumped, most especially shit coins, might have a side effect and one is likely going to lose, but do you know that there are also some of these shit coins that have not had their real pump, but have also dumped due to the present dip that we are in. For such, one could buy, but you must also ensure that the community is very active and that the developer is serious about the project.

This strategy does not always work it depends on the coin you are trading and the market sentiment. Like in the current scenario the market is in a bear sentiment and buy the dips is definitely not working at this moment. We should wait for the reversal sign of market.

It is foolish to dump the tokens and you only get loss. If you are a pro holder, now is the time to prove it. Lets just see until when can you really hold your tokens.

Logically I think the admin response was epic but knowledgeable
“ wait for him at the corner “ for me means buy his dumped token and follow the progress of the project

After project develops and prices increases, you get to kill the dumper by your marginal and classy profit
Don’t wait for simpler explanations

I agree you need to buy when the market is sowing panic and everyone does not believe in the recovery of the market, I myself use this strategy , but of course you need to buy coins that are well kept in the market and are in the top, and then on the bad and you can still climb at a loss (

There is no reason to blame or find fault in anyone whenever there is a dump, because you cannot hold them back on what belongs to them. Some of them most times sell off all they have and by then, the market will be preparing to skyrocket. Which is why, if dumpers dump, you just allow them and wait for a good time to buy. Although, you should avoid buying shit coins and go for coin that have good value and good potentials.

You are right, everyone has the right to each of the tokens or coins they have. They must have certain reasons to immediately sell or be patient to hold it back. all we have to do is analyze market movements, if the potential of the token is good then we must be patient even though prices continue to fall, if possible then buy again at a low price, if it does not have good potential then we must sell it before it becomes increasingly worthless.

Very correct words. Especially your words are needed at the moment, as the market is not in a better situation right now. I also adhere to the same logic as you.

Although I can understand the logic behind it it only works if you have Fiat to throw away at crypto and you believe strong in the crypto currency in which you are investing in

We are not in a better situation now. While the market may not recover yet in the coming months, be prepared and be ready for the worst.
It's a good time to slowly accumulate to minimize loss if the market further sinks.

The ability to think independently is an essential quality of investment. A good attitude and the ability to think independently can protect your investment. In fact, the cryptocurrency market is very dangerous. Investing in making money and losing money is common.

Not everyone is as smart as you. Many follow the herd instinct on the principle of "sell everything and I will sell." But everyone should know that everyone has their own head and everyone should think for themselves.

To be bothered in the market unstable is widely adopted due to the fact that everything might be fall and drop to the bottom. Lose is the reason why we are affected. Being in lose position is very dramatic point of decision making to sell the tokens or still hold on to what you believe. The market will be right back again in good dimension.

That is indeed true that there are many people getting panicked when they saw a price dropping in the market, makes them sell their coins ASAP, thus makes the price drop even more. and that being used by the people who had fund to purchase them in a cheaper price, where later they will get more profit from the price that they bought the coins.

Now everyone is aware of the secret of top traders, be that as it may, you will need to be able to get through by recognising project with potential that will keep growing and pay off in the very nearest future! Dumper are thereto make us rich!

Should people still be worried about the dump,we are almost all getting aware that this dump has come and it will end soon. The time we have endured is farther than the moment we need to bare. All we need do not is to patiently wait for the great reward of our endurance at the soon coming bull run.

There are different strategies used by developers, to prevent unnecessary dump in price of their coin. Sometimes, the marketing strategy deployed can prevent dumo in price.
I have a coin, whose team devised a promotional method by trade competition. This made the coin to have good support.

You’re right. Mostly bounty hunters today are in a rush of profit not realizing the project they are dedicating their months of efforts completing the tasks. Its better waiting for the project’s promised roadmap to where they can soar up in price also.

It is just right if that coin is good token. If not, you should sell as fast as possible. Do not blame if they dumps too early, because they know that is bad project and they want to escape as soon as possible

because some people who hold coins tend to panic by looking at the charts in the exchange market that are happening now and not a few who are confused by having to sell, hold, or buy. maybe for capital holders and courage and careful calculation to take steps so that success becomes his.

Its a shame too many people including hunters are just waiting for a coin or token to get listed so that they can just dump them off instantly ,I don't do such and I always prefer to wait and see what happens and if the price of a token hits lower because of dumping I will still invest more just to get at cheaper rates ,patient dogs will always eat the fatest bones

The fact is that such purchases are much more risky, you will not be able to analyze the further movement, and buying just everything that is thrown off is a bad sign. Now a few tokens can grow to a demand or profitable price, so it’s better to buy, understanding all the changes.

at this time I don't agree with your strategy, this is very ridiculous if the coin doesn't have real developments in the future then the coins are increasingly becoming worthless, this strategy I use at the beginning of 2017 because there are still many ico coins rapidly increasing day by day at that time, the market has changed and always destroys the price of ico coins when registering, you must stop this strategy.

It is a good strategy to be applied. It's just that it cannot fully be able to succeed if the quality of the coin or the existing project looks bad. to be able to generate this way then I'm sure that you must really understand deeply about the project or would you prefer coins and this is a challenge because analysis sometimes not entirely true.

The true is that I am always disturbed the way some holders do dump some good coins for pennies.  Some of this actually invest huge amount of money into those projects and their also easily dump it at around 99% loses.

It's a good strategy if you have patience and you'll definitely reap the reward.
Some really just have weak hands and eventually dump immediately as soon a token becomes tradeable.

You are absolutely right and a nice tactics to use. I have seen people cry over people dumping their token at an unreasonable price.

Great strategy. But there is always a risk that when you buy from dumpsters the coin will continue to drop)) And you will be buying the bottom again and again and again until its price worth nothing. That's why I prefer to sell half of the amount right after the coin get listed on the exchanges and the other half hodl until pump or for a long time period if I believe in the coin and its technology.   

I don't agree with you, if the price is so low in the first hours, there is a high chance that pricel won't be better in the future because the project is probably dead.

I agreed with OP’s view, I don’t understand people complain when someone dump the coin at rock bottom price. This is the time we get to buy at a cheap price. I am always grateful when I see such opportunity.

Everyone is afraid of big losses in a bear market, therefore, with negative market fluctuations, the majority of few experienced investors rush to sell the coins in order to repurchase them at a lower point, but do not always have time to do it.

I agree with your suggestion. and that's what I usually do. no problem the price of the token goes down. I just need to buy it at the right time. so, when the token price rises, I will sell it. and that made me fortunate to even get a 50% profit.

Unfortunately we cannot control them and we don't know them.
They dump and the market dump, that's alright mate, the market will again recover, do not get disturbed just keep believing
and for awhile forget your investment, the right time will definitely come.

I really salute the work you do, but if a project that has been successful and has been listed on the exchange is missing the concern of dev, then to go up in prices is not possible, so many people throw their coins on the market, this is what makes us sometimes very upset.

Such coin/token mentioned in OP is considered to be a good buy. When the coin/token is dumped for such a low price, it is easy to earn multiple times or more profit. I will usually wait for such time to see whether there is a dump.

It's time we buy at a low price. I am always grateful when I see such an opportunity. I agree with the OP view, I do not understand people complain when someone throws coins at the lowest price.

because people bought very expensive and now they have no money to buy cheaper. that's why people start complaining

This type of trading when getting disturbed by dumpers is panic selling. This always applicable for newbies on trading or most of the time, prefer to get an immediate profit once the token got listed to an exchange. We can't blame them since most of the time, this newly listed token always immediately dump by its investors and bounty hunters. I also prefer observing first if the token will be pumped or not before making a sell or buy back for a secured profit.

Stay strong and hold your coins till it will give the profit that you want. Do not panic when other people are selling their coins, because if you would sell as well, you will make great loses in the nearest future.

Contrary to OP I do not wait to see what the price will be after a dump. If I believe on a coin than I will invest time and effort and even money into a project and than either I will hold it until I need money or I will sell it right away as soon as I can. There is no middle ground for me, there is no waiting 3-6 months to see how it will unfold and all that.

Either I am getting paid right away and than using that money to buy something I trust more, or I am going to keep that money as long as possible until I need money urgently and the easiest way is cashing that out. The logic that we should wait around after the dump is senseless for someone who is still looking to cash out, if anyone wants to cash out the best time is the first day and even first hour of the project being listed somewhere.

It’s very bad that for many people, the activity in the cryptocurrency business is the only source of income, and on this basis, despite the poor prices, you have to sell what you earned at the lowest prices.

Yes, indeed, this tactic is quite working, I myself often do there, but with such tactics you should separate those projects that will definitely take off and not fall to the bottom forever.

It actually depends on the token or coins that is being dumped. Sometimes, when it is at its low price, it is tempting to buy not knowing the price still continues to fall. It is better to focus investing your funds on real projects with progress and results. Choose a project where people need to use the token/coin rather  than just a token/coin for trading.

How is this possible? If we knew exactly which assets would not die, this would not be a risky business. But the risk is there, and it is quite big.

With the help of the proposed OP tactics, you can drive your funds into a trap.

Staying strong will be possible only when you have invested the money which is affordable to lose. People do go even for loans for making their crypto investments and this must be of the reason why they are getting panic when market is not doing as per their expectations. Another one probable solution must be, just investing only with highly reputed coins like bitcoin and ethereum because you can have long-term plans so that you will never get disturbed when market is not doing well.

What you mean ? You're trying to say we should book losses just for the reason of having income stream ? Honestly I'm not getting your point. Basically, no one will be preferring to sell lower than their buying price levels. If they get enforced to do so, then most probably they will get disturbed and that is the basic human nature and no one could do anything about that. That's all.

You know, bounty hunters should have iron nerves in order to calmly wait out the unreasonable dump of coins at artificially low prices. If you think that the coin is more expensive, then keep it until bright times.

Your Strategy is pretty cool but there is allot of shit project going to by this time .. So i will try this when i get  some solid project  i trust ..

Practically no one will be ready to remain calm when you will be watching your coins are getting lower value over the time. If you want to encash your time and efforts you have spent for bounty campaigns then probably you will rush to beat others for converting your coins/tokens into bitcoin/etehreum. Getting disturbed on down fall market is common but not making people panic/disturbed must be the duty of devs of that project but most people are not ready to take that responsibility.

Yeah, being calm will be possible only we are having more faith on a project. This is why bitcoin is having more number of long-term holder. Bitcoin must be a living proof for making people to hold long-term but I'm not seeing any devs are learning from that example.

I agree, we must be smart to see opportunities when a coins are listed on the exchange, because I also often do it. for example chainium, when it was first listed in kkcoin, chx price goes down  immediately, and soon increased. Even though it fell again, but now chx price has big increased from ico price.
congratulations for you who got a dump price, you will definitely get big profits  ;D

Let’s just assume that day trading is not for you
But you can focus on the positives too
Get your bounty tokens and trade them as a one off

That’s the positives

Most of these dumpers are those who went all in with what they have and when they see the price turning against them to what they least expected of it, they start to dump and run lol. Some people are very greedy, they want to make quick profits with the little money they have, they don’t calculate the actions they are about, they just jump into it. For me not to be disturbed depends on the project, whether its going to be good in future.

When we will be spending long hours for choosing a project for investment then we never need to be disturbed due to market fluctuations. Only we cannot be sure about the future of the project, we may get disturbed.

It is very good to be optimistic about the price of a coin rising after dump but it may not always work out and that is why we need to be wise there are some coin that after dumping, it may never rise again because the project has no product.

Did you take advantage of the advice that you give us at the beginning of last year, when there was a pump of many altcoins? ;)

the method of buying from dumpers or price dump really works as long as you the project is legit and development is ongoing, i see a lot of investor and traders doing this kind of strategy to earn at least x2 profit when the price of the coin recover.

People are not patient and they don't like to wait for anything. Also, gaining money by buying a cyrpto that is not ignored by others is very risky. In order to predict or forsee a crypto will be returning soon its previous price, you must be very experienced and good at trade of crypto currencices and be very lucky, too. That's not something a newbie can handle.

It's a good strategy, you're right. It is not for all coins. Some of them will be difficult to recover from the fall and they will not be able to grow back. Therefore, this strategy can be applied only those coins that you trust.

You are right and I agree with you. There are different types of people and we should not be bothered on whatever decisions that they will make. I think the most appropriate way to do that is to be concerned why they do that? Maybe because they needed that money that much or they are not well-informed what they should be doing with their tokens.

The best contribution to make is to spread awareness of what should be our colleagues be doing. Start with our family and friends.

Those who sell cheap and at loss are mostly panic sellers and newbies. Most of the coins I got from bounty last month are all still there. I can't sell them cheap because I also worked for them. People should really learn to be patient. That will help.

This strategy is very interesting and beneficial but not in all coins there are some projects that has no future usage this is the main reason why many people prefer to sell on time to avoid more lost. Its not all dumpers that are hunter or lack funds rather the project has been observed as a non profitable one even in the nearest future.

Everybody can do with his coins whatever he likes.  Why would be disturbed about it ? Rather look at it as an opportunity to get  some cheap coins. They will regret it later if the coin they dumped  progresses and represent value.