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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: ImThour on August 28, 2020, 12:51:58 PM



Title: Altcoins with 1000% Plus Profits
Post by: ImThour on August 28, 2020, 12:51:58 PM
Hey Guys,

Can someone explain what are these altcoins and what is the exact reason of so much growth in just 24 hours?
Are they scam or legit? Thanks.

Image:
https://i.ibb.co/2tTpprs/688156-EE-077-A-4-F58-AF01-E27084-B8-DD5-E.jpg


Title: Re: Altcoins with 1000% Plus Profits
Post by: Akiko on August 28, 2020, 01:00:49 PM
Low volume currency , they can easily manipulate the price by giving fake trades and increase the price that way. Its not an honest trading views this just manipulated by owner or one of the supply holders so they can exit with high profit selling it to other traders.

No legitimate currency can give that profit in a day only shit coins do that.


Title: Re: Altcoins with 1000% Plus Profits
Post by: ImThour on August 28, 2020, 01:02:37 PM
Low volume currency , they can easily manipulate the price by giving fake trades and increase the price that way. Its not an honest trading views this just manipulated by owner or one of the supply holders so they can exit with high profit selling it to other traders.

No legitimate currency can give that profit in a day only shit coins do that.
So, If I want to invest in this, is it going to be a waste or I can have profit as well? Thanks.


Title: Re: Altcoins with 1000% Plus Profits
Post by: BitcoinPanther on August 28, 2020, 01:10:30 PM
Low volume currency , they can easily manipulate the price by giving fake trades and increase the price that way. Its not an honest trading views this just manipulated by owner or one of the supply holders so they can exit with high profit selling it to other traders.

No legitimate currency can give that profit in a day only shit coins do that.
So, If I want to invest in this, is it going to be a waste or I can have profit as well? Thanks.

First thing, you must do your own research.  You can ask question  like this one but never believe 100% any reply made here without doing your verification check.  There are lots of altcoins that gives 1000% profit but most of them takes more than months and goes up  years to before exploding like that.  

You can invest on those shitcoins but be vigilant because it is high risk high reward thing.  If you happen to time them correctly, you can be a millionaire in less than a day, but if you are late then you can be a bagholder of millions of worthless coins or tokens.  It is the timing that can determine whether your investment will go to waste or make a huge profit.


Title: Re: Altcoins with 1000% Plus Profits
Post by: ImThour on August 28, 2020, 01:16:54 PM
First thing, you must do your own research.  You can ask question  like this one but never believe 100% any reply made here without doing your verification check.  There are lots of altcoins that gives 1000% profit but most of them takes more than months and goes up  years to before exploding like that.  

You can invest on those shitcoins but be vigilant because it is high risk high reward thing.  If you happen to time them correctly, you can be a millionaire in less than a day, but if you are late then you can be a bagholder of millions of worthless coins or tokens.  It is the timing that can determine whether your investment will go to waste or make a huge profit.
Thanks for your feedback. I tried to look into these and I am not sure where I can find these coins. I am Binance user and i am not able to find these coins.
Also, is there any altcoin you think can grow like these?


Title: Re: Altcoins with 1000% Plus Profits
Post by: bitsurfer2014 on August 28, 2020, 01:22:09 PM
Can someone explain what are these altcoins and what is the exact reason of so much growth in just 24 hours?
Are they scam or legit? Thanks.


Those coins have low market volume and a huge gain over a short period of time means they are pumped! Beware, even if some of them are not scam, you will likely lose money if you opt to trade with it.


Title: Re: Altcoins with 1000% Plus Profits
Post by: oxgroth on August 28, 2020, 01:22:41 PM
Nothing with 100% gains could be natural. Just pumps and dumps story. Typical market manipulation


Title: Re: Altcoins with 1000% Plus Profits
Post by: usm2000 on August 28, 2020, 01:25:00 PM
I dont know what happened in his , but i am very often read about rumors volume false or falsified the data volume to increase right volume of the market and attract investors , i just tell you what i read not assessment coin that you mention , i hope you can research clearer well


Title: Re: Altcoins with 1000% Plus Profits
Post by: batang_bitcoin on August 28, 2020, 01:25:40 PM
Low volume currency , they can easily manipulate the price by giving fake trades and increase the price that way. Its not an honest trading views this just manipulated by owner or one of the supply holders so they can exit with high profit selling it to other traders.

No legitimate currency can give that profit in a day only shit coins do that.
So, If I want to invest in this, is it going to be a waste or I can have profit as well? Thanks.
It is faked so there's nothing for you to gain unless you are keen in checking the actual volume of those altcoins. If it is 100% legit then you're going to profit from it but it's unlikely. It is better for you to avoid such coins which you think you can gain 1000% gains because it's unreal.
Remember the good old quote about investments that are too good to be true.


Title: Re: Altcoins with 1000% Plus Profits
Post by: Fundamentals Of on August 28, 2020, 01:31:35 PM
Those are shitcoins. Do not be fooled by shitcoins which are showing very high profit. You cannot just take the entire picture from those numbers in the image that you posted.

If you are diligent enough you would also want to know the volume of these shitcoins. There are so many shitcoins out there which have very low 24-hour volume. Anybody can pump those coins with just a small amount.

You should also try to research where these shitcoins are being traded. If they are listed on unknown exchanges, watch out. Their volumes might be fake.


Title: Re: Altcoins with 1000% Plus Profits
Post by: hosseinimr93 on August 28, 2020, 01:34:25 PM
Most of the times, you cannot sell such coins/tokens at the price shown on Coinmarketcap or Coingecko.
These coins/tokens usually don't have high liquidity and there's a big difference between best sell order and best buy order.

Take a look at onLEXpa's price which is now the biggest gainer on coinmarketcap.

https://i.imgur.com/GHjrXTi.jpg
Source: Coinmarketcap (https://coinmarketcap.com/currencies/onlexpa/)

As shown in the image, the price at the time I am making this post is 60 satoshi.

Let's go to Crex24 and check the price.

https://i.imgur.com/rqNz1yZ.jpg
Source: Crex24 (https://crex24.com/exchange/ONLEXPA-BTC)

The best buy order is at 18 satoshi. As shown in the image, you cannot sell more than 0.048 BTC worth of onLEXpa.


Title: Re: Altcoins with 1000% Plus Profits
Post by: Docbee on August 28, 2020, 01:46:27 PM
Hey Guys,

Can someone explain what are these altcoins and what is the exact reason of so much growth in just 24 hours?
Are they scam or legit? Thanks.

Image:
https://i.ibb.co/2tTpprs/688156-EE-077-A-4-F58-AF01-E27084-B8-DD5-E.jpg

The real token that actually had close to 700% plus profit recently was Invox Finance.  When it was listed, just about two weeks later it mooned from -4% to $694%.  I think few people really got something from this because it was rarely expected.  I have sold in hasty 65% of that coin I got from bounty at a very ridiculous price before the thing now mooned.


Title: Re: Altcoins with 1000% Plus Profits
Post by: minairia3 on August 28, 2020, 01:51:29 PM
Can someone explain what are these altcoins and what is the exact reason of so much growth in just 24 hours?
Are they scam or legit? Thanks.
There are different reason for this.

  • Low supply and can be easily controlled and manipulated.
  • Coinmarketcap data is wrong, sometimes the tokenmetrics submitted to them are different or got mistake resulting to so bullish when someone bought a coin
  • Always check the volume chances are the price is not real and just being played by bots

Those projects are never heard. Probably those are shitcoins and I advise you to stay away from those coins. Nothing will do better than to trade a legit coin. 1k gains is possible but it must be organic.


Title: Re: Altcoins with 1000% Plus Profits
Post by: Chukwunonso on August 28, 2020, 01:54:15 PM
I'm certain that those coin that increases in such a manner are utilized by pump and dump scheme, in most cases they are listed in only one exchange and they have low volume. Its not advisable to join any over pumped coin, because you may become the holder without the possibility of selling at profit.


Title: Re: Altcoins with 1000% Plus Profits
Post by: Casdinyard on August 28, 2020, 02:01:31 PM
Hey Guys,

Can someone explain what are these altcoins and what is the exact reason of so much growth in just 24 hours?
Are they scam or legit? Thanks.

Those only happens with low currency volume and/or manipulated by fake trade. Better take yobit as an example, most shitcoins registered there are mostly being pumped then dumped right after many had invested. Yes, it is another form of scam, an indirect one. Not to accuse that those altcoins are scam/shit coins, but most likely, such events with high percentage growth in a day often were manipulated.

Take this as an example:
There are two users holding SHTCOIN
Currently, SHTCOIN is $0.00001
User A sold his SHTCOIN for $.01 in order
then User B bought it.

Hence, with such small volume and high increase, it was definitely a scam, fake trade, and fraud.


Title: Re: Altcoins with 1000% Plus Profits
Post by: Desscount on August 28, 2020, 02:02:13 PM
for GRG I am not surprised that the increase is very high, because GRG is in the DEFI category and of course it is very profitable,
but for ONLEXPA I did not expect it to be big like this


Title: Re: Altcoins with 1000% Plus Profits
Post by: khiholangkang on August 28, 2020, 02:12:34 PM
Hey Guys,

Can someone explain what are these altcoins and what is the exact reason of so much growth in just 24 hours?
Are they scam or legit? Thanks.

Image:
https://i.ibb.co/2tTpprs/688156-EE-077-A-4-F58-AF01-E27084-B8-DD5-E.jpg
Well, after I investigated the coins I saw they were low volume and listed on a small exchange.
Keep in mind, the smaller the volume the easier the price will be to manipulate.
For example, you can buy at $ 1 and sell it at $ 10 and you who buy it at $ 10 will make the price go up to 1000%.


Title: Re: Altcoins with 1000% Plus Profits
Post by: optimisticcm on August 28, 2020, 03:14:11 PM
Hey Guys,

Can someone explain what are these altcoins and what is the exact reason of so much growth in just 24 hours?
Are they scam or legit? Thanks.

Image:
https://i.ibb.co/2tTpprs/688156-EE-077-A-4-F58-AF01-E27084-B8-DD5-E.jpg
Looks like pump and dump coins to be honest, there are many coins like these with low or no liquidity and volume which are most probably lead by pump and dump telegram channels who announce one such coin  for pumps randomly and followers buy it in expectation of big gains but tge quicker they pump the quicker they dump back as well.


Title: Re: Altcoins with 1000% Plus Profits
Post by: javainn on August 28, 2020, 03:22:27 PM
Low volume currency , they can easily manipulate the price by giving fake trades and increase the price that way. Its not an honest trading views this just manipulated by owner or one of the supply holders so they can exit with high profit selling it to other traders.

No legitimate currency can give that profit in a day only shit coins do that.
yes it is true this is not honest, even if people have plunged into the coin they will not hesitate to dump the price of the coin so that it makes investors or traders lose. sometimes this must be careful


Title: Re: Altcoins with 1000% Plus Profits
Post by: key4co.in on August 28, 2020, 04:33:21 PM
Hey Guys,

Can someone explain what are these altcoins and what is the exact reason of so much growth in just 24 hours?
Are they scam or legit? Thanks.


Funny enough I can't even recognize any of the shitcoins on that image. Some of them lack trading volume, some might be pumped by bots and only a few coins with such huge growth in 24 hrs are real. I remember seeing about 1300% for a shitcoin I was holding but with just 140$ as daily trading volume on a shitty exchange. Some noobs will still buy the tops for these coins. The buy orders are usually scanty most times.


Title: Re: Altcoins with 1000% Plus Profits
Post by: mersal on August 28, 2020, 04:45:54 PM
Low volume currency , they can easily manipulate the price by giving fake trades and increase the price that way. Its not an honest trading views this just manipulated by owner or one of the supply holders so they can exit with high profit selling it to other traders.

No legitimate currency can give that profit in a day only shit coins do that.
So, If I want to invest in this, is it going to be a waste or I can have profit as well? Thanks.
Literally you are falling into the traps if you are going to invest on such coins, these values are just pumped by shitcoin whales for small profit making, randoms might get attracted to the price growth but if you are going to invest on a coin or token which doesn't have 1000BTC as daily trading volume then you will loe your money for sure.


Title: Re: Altcoins with 1000% Plus Profits
Post by: landoffaucets on August 28, 2020, 04:52:39 PM
Do not fall into these altcoins. At first, look at the daily trading volume, I bet that these coins do not have any volume, that's why the price could fluctuate by thousands of percents a day. Secondly, you don't want to buy an altcoin that already grew by 10 times right?


Title: Re: Altcoins with 1000% Plus Profits
Post by: viananda2525 on August 28, 2020, 06:16:50 PM
Hey Guys,

Can someone explain what are these altcoins and what is the exact reason of so much growth in just 24 hours?
Are they scam or legit? Thanks.

Image:
https://i.ibb.co/2tTpprs/688156-EE-077-A-4-F58-AF01-E27084-B8-DD5-E.jpg
Well, after I investigated the coins I saw they were low volume and listed on a small exchange.
Keep in mind, the smaller the volume the easier the price will be to manipulate.
For example, you can buy at $ 1 and sell it at $ 10 and you who buy it at $ 10 will make the price go up to 1000%.
its clearly manipulate by fake order . coins with unrational growth in a day should not bought.we must becarefull when see this kind coins , many beginer trader trapped on growth percentages only, they didnt match it with trading volume and buy or sell order. better to leave this project and used our money into major coins only.


Title: Re: Altcoins with 1000% Plus Profits
Post by: Nhor1011 on August 28, 2020, 06:26:40 PM
Amazing to think, you will earn enormous in just 24 hours. If you are a smart trader and investors and you are aware about this pump for sure you will earn huge amount but don't be deceived with such market manipulation because at the end you will cry. Always do a research before investing and buying those low volume coin in the market.


Title: Re: Altcoins with 1000% Plus Profits
Post by: Shallow on August 28, 2020, 06:53:41 PM
I am just coming across the projects for the first time, however to the best of my knowledge, it is a clear manipulation to attract the greedy ones then dump everything on them. For any coin with this massive profit in 24 hours, carryout a thorough research on the coin you will be amazed on what you will find out, however most times it is better to just ignore this type of projects and their insane pumps, because it leads to no good end. In addition, just to add, low volume altcoins are prone to this, because it is quite easy to manipulate everything, thus once those involved in the manipulations have attracted enough people, they exit the trade and count their gains while the others count their losses; hence why it's always good to invest in good and reliable coins.


Title: Re: Altcoins with 1000% Plus Profits
Post by: chip1994 on August 28, 2020, 07:00:30 PM
I come across a lot of tokens like this and the pump is fake. it's all just whales manipulation and there is no way we can profit from trading these tokens. it's all set up and it's just a futile pump. Best of all, you should only focus on trading or holding valuable coins, do not be greedy to hold junk coins like this. Many have been and they seem to have lost it all.


Title: Re: Altcoins with 1000% Plus Profits
Post by: GWS My Boy on August 28, 2020, 07:01:01 PM
it's no wonder that altcoins can go up so many times common in defi-based altcoin many ivestors like  defi so defi is now becoming popular unfortunately yesterday I could not take moment it and I am waiting for the next project defi as my investment


Title: Re: Altcoins with 1000% Plus Profits
Post by: MCDev on August 28, 2020, 07:26:57 PM
Some people get so excited when they see huge percentage gains on some coins and buy even without due diligence. This way, you will get rekt because more than half of such coins have rubbish trading volumes. Most are pump and dump coins.
Yes, the majority of the coins with such gains are simply pumped and dumped. New entrants in the crypto market are susceptible to fomo because of such coins.
In my opinion the best strategy right now is to invest in the biggest coins in the market, which are good and well-tested projects.


Title: Re: Altcoins with 1000% Plus Profits
Post by: Anonylz on August 28, 2020, 07:36:40 PM
Hey Guys,

Can someone explain what are these altcoins and what is the exact reason of so much growth in just 24 hours?
Are they scam or legit? Thanks.

Image:
https://i.ibb.co/2tTpprs/688156-EE-077-A-4-F58-AF01-E27084-B8-DD5-E.jpg

To me it is nothing more than a price pump, what else can it be! even the coin with the most use case won't have such high percentage growth organically, this type of growth is not normal, only a manipulation can make the price to grow this much, although it is a positive thing to those who hold this tokens because they must have gain alot of profit during this time.


Title: Re: Altcoins with 1000% Plus Profits
Post by: jrrsparkles on August 28, 2020, 07:41:27 PM
Hey Guys,

Can someone explain what are these altcoins and what is the exact reason of so much growth in just 24 hours?
Are they scam or legit? Thanks.

Image:
https://i.ibb.co/2tTpprs/688156-EE-077-A-4-F58-AF01-E27084-B8-DD5-E.jpg
Seriously? You are thinking about investing on these coins?

No one with a mind will do such things.

Just look at their trading volumes it will be in hundreds or in thousands which also could be a fake volume reported by the shady exchange itself to scam you.


Title: Re: Altcoins with 1000% Plus Profits
Post by: killerfrost on August 28, 2020, 07:43:53 PM
Projects like these have only one purpose: pump and dump. In the past I have seen many projects like that, they don't have investors so the dev team can pump it easily and get the trapped for newbie, then the price will keep falling and until it is completely dead


Title: Re: Altcoins with 1000% Plus Profits
Post by: Diamond_Darrell on August 28, 2020, 07:49:25 PM
https://coinmarketcap.com/currencies/utrust/markets/
look at this one. if you count from the very bottom, then it gave much more than 1000 percent


Title: Re: Altcoins with 1000% Plus Profits
Post by: BChydro on August 28, 2020, 08:31:23 PM
Can someone explain what are these altcoins and what is the exact reason of so much growth in just 24 hours?
Are they scam or legit? Thanks.
It is not a big surprise that you see some coins that usually pump on a daily basis. If you look at the market you will find some other coin pumping and the risk on being a bag holder is much higher for these coins as you never know when they will be dumping the coins. If you are smart enough you can make a huge profit jumping in these pumps if not it is better to stay away from them.


Title: Re: Altcoins with 1000% Plus Profits
Post by: BeginToMine on August 28, 2020, 08:35:47 PM
Coins are seasons and trading is for people with minds. A coin can make one wealthy and a coin can send one to village. Being patients really pays and I must say crypto is a place for patients. Any coin can do any percent hence there's investors and it's tradable. Also if team could do well. Project can go to it's zenith. Anything can happen in Crypto which I always tell people.


Title: Re: Altcoins with 1000% Plus Profits
Post by: angrybirdy on August 28, 2020, 08:38:55 PM
Low volume currency , they can easily manipulate the price by giving fake trades and increase the price that way. Its not an honest trading views this just manipulated by owner or one of the supply holders so they can exit with high profit selling it to other traders.

No legitimate currency can give that profit in a day only shit coins do that.
So, If I want to invest in this, is it going to be a waste or I can have profit as well? Thanks.
It depends, but you will be facing a huge risk. As he said, it has a low volume currency, it is being manipulate. If you ride the wave, the possibility for you to lose your investment is very high. If you can take the risk for the sake of making a profit, that will be depend on your decision. But the outcome is unknown and will always depends on your own action.


Title: Re: Altcoins with 1000% Plus Profits
Post by: restuibu on August 28, 2020, 08:43:07 PM
in a lifetime, only now have I seen such a great pump in 24 hours (308314.8%):o, even bitcoin which is king in crypto has never experienced such volume in 24 hours, projects like this are clearly manipulating volume and they try to attract investors after which they will leave


Title: Re: Altcoins with 1000% Plus Profits
Post by: pikkie on August 28, 2020, 10:50:26 PM
It looks like market manipulation. Some exchanges use bot trading to do this and some projects use low volume trade to shows data like this to attract investors. You should be careful when seeing this type of unusual price growth in a project. Shit project does this to fool investors and if you look that's tokens 24-hour volume then you will see there is very low volume.
If you realize that there is a market that is manipulating then you should be able to avoid that coin and avoid that market because usually if you enter then you will have difficulty withdrawing assets and other cases that can make you lose.


Title: Re: Altcoins with 1000% Plus Profits
Post by: CaVO32 on August 28, 2020, 11:36:41 PM
It looks like market manipulation. Some exchanges use bot trading to do this and some projects use low volume trade to shows data like this to attract investors. You should be careful when seeing this type of unusual price growth in a project. Shit project does this to fool investors and if you look that's tokens 24-hour volume then you will see there is very low volume.
If you realize that there is a market that is manipulating then you should be able to avoid that coin and avoid that market because usually if you enter then you will have difficulty withdrawing assets and other cases that can make you lose.

You can get a glimpse of what is really going on with those coins if you will check their website, social media channels, whitepaper or roadmap. Because such price increase is really overwhelming and most of the time, it is owed to market manipulation of the team themselves. As those mentioned coins by the OP are really not popular here, it means more than likely they are just pump and dump coins, so be careful in touching those coins.

in a lifetime, only now have I seen such a great pump in 24 hours (308314.8%):o, even bitcoin which is king in crypto has never experienced such volume in 24 hours, projects like this are clearly manipulating volume and they try to attract investors after which they will leave

That's not organic growth so it is more of price manipulation. People should not be tempted to buy because more than possibly, it is a trap to those who will be tempted to buy.


Title: Re: Altcoins with 1000% Plus Profits
Post by: ImThour on August 28, 2020, 11:56:34 PM
Coins are seasons and trading is for people with minds. A coin can make one wealthy and a coin can send one to village. Being patients really pays and I must say crypto is a place for patients. Any coin can do any percent hence there's investors and it's tradable. Also if team could do well. Project can go to it's zenith. Anything can happen in Crypto which I always tell people.
I am gonna stick with your thought. I have invested in XRP, TRX and BAT. I am gonna stick until i get 10-20%.


Title: Re: Altcoins with 1000% Plus Profits
Post by: abel1337 on August 28, 2020, 11:58:48 PM
This is obviously a manipulation, Common pump and dump scheme which most likely did by people who will benefit in this. Buying these coins will put you in trouble because this scheme only stays for a short period and there's a high chance that you won't get profit but will put you on loss. By seeing its volume, It can be proof that these coins can easily be manipulated. It's just abnormal in every way.

I really don't recommend to buy these coins because this can be considered as shit coins.


Title: Re: Altcoins with 1000% Plus Profits
Post by: ImThour on August 29, 2020, 12:04:49 AM
This is obviously a manipulation, Common pump and dump scheme which most likely did by people who will benefit in this. Buying these coins will put you in trouble because this scheme only stays for a short period and there's a high chance that you won't get profit but will put you on loss. By seeing its volume, It can be proof that these coins can easily be manipulated. It's just abnormal in every way.

I really don't recommend to buy these coins because this can be considered as shit coins.
Awesome! Thank you so much man for your honest feedback.

I have invested in:
- XRP
- BAT
- TRX

as my first investment and I am really hoping for success. 😇


Title: Re: Altcoins with 1000% Plus Profits
Post by: LouVandetta on August 29, 2020, 03:22:31 AM
This is obviously a manipulation, Common pump and dump scheme which most likely did by people who will benefit in this. Buying these coins will put you in trouble because this scheme only stays for a short period and there's a high chance that you won't get profit but will put you on loss. By seeing its volume, It can be proof that these coins can easily be manipulated. It's just abnormal in every way.

I really don't recommend to buy these coins because this can be considered as shit coins.
Exactly, it's just another pump and dump scenario on the exchange. And I'm pretty sure it's not a well known or big exchange.

The risk of investing on such alts is greater than you think. It could make you lose more than you expected, so not a very good move to make. I'm not gonna be surprised if in the next minutes or hours the price of that alt will be on red, since that's what they're for. Manipulating the price for their own benefit.


Title: Re: Altcoins with 1000% Plus Profits
Post by: bayu7adi on August 29, 2020, 03:49:02 AM
Well, after I investigated the coins I saw they were low volume and listed on a small exchange.
Keep in mind, the smaller the volume the easier the price will be to manipulate.
For example, you can buy at $ 1 and sell it at $ 10 and you who buy it at $ 10 will make the price go up to 1000%.

The illustration is very easy to understand, and it is true. That is, with low trading volume, we can easily manipulate market prices and don't need the help of whales to do that.

And it is possible that this moment is used as a marketing tool for scammers who like to promise high ROI when you invest a certain amount of money, once you buy the coins, it is a sell order made by a scammer.


Title: Re: Altcoins with 1000% Plus Profits
Post by: imstillthebest on August 29, 2020, 04:10:03 AM
that first coin on the pic has growned by 300k plus percent wow that was the first time i have seen a coin pumped like that . it only looks so weird at the same time because the coin just sprout out of nowhere  .

 who ever have find this coin before is a certified hunter or maybe lucky at the same time because now his coin is now massive  . cant tell if they are scam or what but lets take a distance , just in case .


Title: Re: Altcoins with 1000% Plus Profits
Post by: Vishnu.Reang on August 29, 2020, 04:53:42 AM
Even after all these years it is surprising that the crypto users haven't learned any lessons. I would avoid the pump-and-dump coins like plague. Because you are most likely to purchase them during the beginning of the dumping phase. These coins are heavily manipulated and if you purchase them then you will be stuck with shitcoins in your wallets for the rest of your life.


Title: Re: Altcoins with 1000% Plus Profits
Post by: Kunnu on August 29, 2020, 05:21:20 AM
Investing in these kind of pump and dump coins/tokens may cause of big loss as we know that the creators of these kind of altcoins control its trade on some low quality exchanges that's why it shows huge surge in the price which is absolutely fake, we must understand this trap and avoid to invest in them.


Title: Re: Altcoins with 1000% Plus Profits
Post by: nomenclatur on August 29, 2020, 06:13:19 AM
a highly risky investment in coins GRG, ONLEXPHA, SCM and DCH because the volume of the fake to traps so that there are people who want to buy coins that you should never make a purchased coin like this because obviously it's just a pump while to invite investors to invest so that you can get stuck and lose your money, of course, it is not good to make a purchased coin because all really trap.


Title: Re: Altcoins with 1000% Plus Profits
Post by: bits4books on August 29, 2020, 07:18:09 AM
I look at this screenshot and immediately understand that someone will lose a lot of money if they decide to start trading with these coins.
This is pure bubble and shit that someone pumped them to sell everything and dump it again. Such micro prices with unknown coins and such growth are a clear sign that you need to stay as far away from such tokens as possible.


Title: Re: Altcoins with 1000% Plus Profits
Post by: hrunya102 on August 29, 2020, 07:26:12 AM
Often half-dead projects are pumped to attract attention, and then sold to new users, much less often they find something interesting in the project and it starts flying to the moon.


Title: Re: Altcoins with 1000% Plus Profits
Post by: xOdiumNostrumx on August 29, 2020, 07:51:49 AM
As others already mentioned, those tokens were probably a part of some pump and dump scheme or are coins with extremely low liquidity, so even a small buy can rocket their price to the sky. Avoid those projects at all cost or you will be basically throwing your money away. Those price spikes are created mostly to lure in naive investors.


Title: Re: Altcoins with 1000% Plus Profits
Post by: bitgolden on August 29, 2020, 01:43:21 PM
It is quite easy for big returns when you do not have a lot of liquidity. Let's say there is a coin out there with just 100 dollars on the sell side, that means if you spend 100 dollars you are making it go to space without any interruption, nobody sells it anymore, all you have to do is buy it at 1 cent to 5 cent all the way for 100 dollars and after that put it on 4 dollars and you can sell just one to yourself and you suddenly have a coin go from 1 cent to 4 dollars for 100 dollars.

So, as you can see it is not as hard as you think it is when the liquidity is actually nonexistent so at the worst case you just look for their liquidity if you are not sure. Could it be real and not a situation like this? Of course it can be, but it is quite unlikely that it would go above 1000% that easily.


Title: Re: Altcoins with 1000% Plus Profits
Post by: bayudndy on August 29, 2020, 01:45:11 PM
in a lifetime, only now have I seen such a great pump in 24 hours (308314.8%):o, even bitcoin which is king in crypto has never experienced such volume in 24 hours, projects like this are clearly manipulating volume and they try to attract investors after which they will leave
Only shitcoin can grow like that, because no one has invested in that project and the team can pump them up anytime they want. How can Bitcoin grow like that? If that happens, then most of the people in this market will become billionaires in a day  ;D


Title: Re: Altcoins with 1000% Plus Profits
Post by: crzy on August 29, 2020, 01:50:13 PM
Often half-dead projects are pumped to attract attention, and then sold to new users, much less often they find something interesting in the project and it starts flying to the moon.
Most of the time its just a hype that will burst later on so be careful on investing on those projects because you might miss the selling opportunity. 1000% up is quiet too impossible to happen, but it you are holding those tokens before it pumped then you must sell before its too late.


Title: Re: Altcoins with 1000% Plus Profits
Post by: mohucool on August 29, 2020, 01:59:31 PM
Hey Guys,

Can someone explain what are these altcoins and what is the exact reason of so much growth in just 24 hours?
Are they scam or legit? Thanks.

Image:
https://i.ibb.co/2tTpprs/688156-EE-077-A-4-F58-AF01-E27084-B8-DD5-E.jpg

The reason is low volume and utra low mcap , most of such coins are just scams and pumped by early investors in hope of making quick bucks. A lot of these coins are illiquid like even if the gains are 1000% you can't sell it in total due to very low volume.

You have to always be one very cautious with new projects as they are very high risk and reward projects and chances of scams are higher.


Title: Re: Altcoins with 1000% Plus Profits
Post by: JamalAmal99 on August 29, 2020, 02:05:56 PM
first, look for information about the token you want to buy, because there are too many shitcoin scattered in the market, especially coins with very low transaction volume and it can be easily manipulated by other parties.

I was once hooked by the extraordinary movement of coins, and without thinking I immediately bought it but instead of profit I lost a lot.


Title: Re: Altcoins with 1000% Plus Profits
Post by: Valak on August 29, 2020, 02:29:40 PM
Hey Guys,

Can someone explain what are these altcoins and what is the exact reason of so much growth in just 24 hours?
Are they scam or legit? Thanks.

Image:
https://i.ibb.co/2tTpprs/688156-EE-077-A-4-F58-AF01-E27084-B8-DD5-E.jpg
If we look at the CMC chart, there is indeed an increase in the price from $ 0.013 to $ 0.11 (+ 1,710.68%). However, if we look at the volume point of view, the onLEXpa coin is currently priced at $ 0.013 around $ 62.452 and at the moment the price is $ 0.11 volume is $ 65,555. There was only a change in volume of $ 3,103.

We're back to the exchange.
If we look at the order history, the sell order is bigger than the buy order.
I'm not saying these are scams, but compare in detail.


Title: Re: Altcoins with 1000% Plus Profits
Post by: ethereumhunter on August 29, 2020, 02:34:34 PM
The reason is low volume and utra low mcap , most of such coins are just scams and pumped by early investors in hope of making quick bucks. A lot of these coins are illiquid like even if the gains are 1000% you can't sell it in total due to very low volume.

You have to always be one very cautious with new projects as they are very high risk and reward projects and chances of scams are higher.

People who have big money can move the price and make people attract to buy and sell to make the price up to and down too. That can trigger have ap ump for the coins, so we need to be careful from that. As long as we can quit the market and already make a profit, we don't have to follow the price moves because we can get a trap at a high price if we still try to buy and sell the coin. There will be many others like that, and if we can not analyze better, I think we don't have to try to trade that coin.


Title: Re: Altcoins with 1000% Plus Profits
Post by: Jeger.Kiting on August 29, 2020, 02:44:01 PM
first, look for information about the token you want to buy, because there are too many shitcoin scattered in the market, especially coins with very low transaction volume and it can be easily manipulated by other parties.

I was once hooked by the extraordinary movement of coins, and without thinking I immediately bought it but instead of profit I lost a lot.

Actually everyone must have experienced something like that and not only you who experience it, I have also experienced something similar by seeing it as bait to attract many new investors, I am impressed and I am trapped when the coin collapsed even confused to make a decision, no thinking long, I left the token and made a new plan and be more careful when buying tokens on the exchange ..


Title: Re: Altcoins with 1000% Plus Profits
Post by: pragna on August 29, 2020, 03:17:02 PM
Hey Guys,

Can someone explain what are these altcoins and what is the exact reason of so much growth in just 24 hours?
Are they scam or legit? Thanks.

Image:
https://i.ibb.co/2tTpprs/688156-EE-077-A-4-F58-AF01-E27084-B8-DD5-E.jpg

In just 24 hours!! this is really unbelievable to everyone. Here we can easily understand that this market has manipulated and this is very bad think. Actually now trading in crypto is very critical because there is manipulation or booting system in every exchanges like this image. So real traders can not fall in problem at trading time.

I request to you don't invest your value by seeing this kind of market make judgement before investment by seeing or research more time so that you can save yourself.

thanks.


Title: Re: Altcoins with 1000% Plus Profits
Post by: killerfrost on August 29, 2020, 03:43:40 PM
Hey Guys,

Can someone explain what are these altcoins and what is the exact reason of so much growth in just 24 hours?
Are they scam or legit? Thanks.

Image:
https://i.ibb.co/2tTpprs/688156-EE-077-A-4-F58-AF01-E27084-B8-DD5-E.jpg
If we look at the CMC chart, there is indeed an increase in the price from $ 0.013 to $ 0.11 (+ 1,710.68%). However, if we look at the volume point of view, the onLEXpa coin is currently priced at $ 0.013 around $ 62.452 and at the moment the price is $ 0.11 volume is $ 65,555. There was only a change in volume of $ 3,103.

We're back to the exchange.
If we look at the order history, the sell order is bigger than the buy order.
I'm not saying these are scams, but compare in detail.

Amazingly, the price increased by more than 10 times with just $ 3000, obviously no one bought and sold this altcoin. Only the trading bot and the team tried to pump it out to attract the attention of investors. If someone buys them at this price, I believe they will lose money soon


Title: Re: Altcoins with 1000% Plus Profits
Post by: flagpara on August 29, 2020, 03:47:26 PM
The reason is low volume and utra low mcap , most of such coins are just scams and pumped by early investors in hope of making quick bucks. A lot of these coins are illiquid like even if the gains are 1000% you can't sell it in total due to very low volume.

You have to always be one very cautious with new projects as they are very high risk and reward projects and chances of scams are higher.
I saw the same problem in the Titan coin, this coin also looked scam to me. "ONLEXPA" has a few volumes but exchanges aren't good where this coin is listed. The liquidity pool of this coin is also low. Anytime the ONLEXPA price will be dumped. Other three coins should be out of topic, could be fake volume and fake pump as Titan coin.


Title: Re: Altcoins with 1000% Plus Profits
Post by: tvplus006 on August 29, 2020, 03:55:42 PM
Low volume currency , they can easily manipulate the price by giving fake trades and increase the price that way. Its not an honest trading views this just manipulated by owner or one of the supply holders so they can exit with high profit selling it to other traders.

No legitimate currency can give that profit in a day only shit coins do that.

It is wrong to call coins that bring thousands of percent of profit shit) Do not forget that now is the time for hype projects DeFi. These coins now provide a profit of thousands of percent. Below, I publish a chart with the DeFi leaders who brought the maximum profit to their investors over the minimum period.

https://i.ibb.co/6WL38rq/45645645555432.jpg (https://ibb.co/5RwNkGJ)


Title: Re: Altcoins with 1000% Plus Profits
Post by: Yamifoud on August 29, 2020, 04:01:30 PM
Don't wonder why even the price of these coins pumps but investors never have to look into them because they are not attracted to it nor they see potentials to run for a long period of time but all of these are just being manipulated.

Should we have to regrets of not buying these coins during the times that they are just sleeping? No, we don't and for sure after these shocking pumps will also surprise you how fast it dumps and manipulators (probably whales) are happily carrying the money of those buyers who bought it.

If you can think and to find what is the reason or any market news that boosted it, it will be fine but having nothing to hear, there is absolutely have something behind that surge. That is why we should be careful, otherwise.


Title: Re: Altcoins with 1000% Plus Profits
Post by: Jackl87 on August 29, 2020, 04:11:41 PM
I think coinmarketcap hast listed more than 6000 projects or so. If i would have to guess i would say that at least 4000 of those are more or less dead.
Those coins have no or close to no volume and if you like you can create a huge price spike by buying like 100$ worth of those dead coins.
That's the explanation for those 1000% gains within a day. Someone had some fun.


Title: Re: Altcoins with 1000% Plus Profits
Post by: bobyhodob on August 29, 2020, 04:22:52 PM
The reason is low volume and utra low mcap , most of such coins are just scams and pumped by early investors in hope of making quick bucks. A lot of these coins are illiquid like even if the gains are 1000% you can't sell it in total due to very low volume.

You have to always be one very cautious with new projects as they are very high risk and reward projects and chances of scams are higher.
I saw the same problem in the Titan coin, this coin also looked scam to me. "ONLEXPA" has a few volumes but exchanges aren't good where this coin is listed. The liquidity pool of this coin is also low. Anytime the ONLEXPA price will be dumped. Other three coins should be out of topic, could be fake volume and fake pump as Titan coin.
well, finally many people have realized that the titan coin is a scam coin and the OP should have gotten a bad reputation or the safe choice is that this thread is locked by the moderator and moved to this scam session so that no one is affected by the titan coin anymore .


Title: Re: Altcoins with 1000% Plus Profits
Post by: ImThour on August 29, 2020, 04:39:15 PM
The reason is low volume and utra low mcap , most of such coins are just scams and pumped by early investors in hope of making quick bucks. A lot of these coins are illiquid like even if the gains are 1000% you can't sell it in total due to very low volume.

You have to always be one very cautious with new projects as they are very high risk and reward projects and chances of scams are higher.
I saw the same problem in the Titan coin, this coin also looked scam to me. "ONLEXPA" has a few volumes but exchanges aren't good where this coin is listed. The liquidity pool of this coin is also low. Anytime the ONLEXPA price will be dumped. Other three coins should be out of topic, could be fake volume and fake pump as Titan coin.
well, finally many people have realized that the titan coin is a scam coin and the OP should have gotten a bad reputation or the safe choice is that this thread is locked by the moderator and moved to this scam session so that no one is affected by the titan coin anymore .
I don’t understand why would i get negative reputation for just asking why this coin is having so much profit. Glad you all gave me great answers to my question. Cheers!


Title: Re: Altcoins with 1000% Plus Profits
Post by: Miaallen on August 29, 2020, 04:52:57 PM
This can be as a result of pump. And this can also happen when the project is seen as a great one about to grow as a result of one development and the other.


Title: Re: Altcoins with 1000% Plus Profits
Post by: thesmallgod on August 29, 2020, 05:03:14 PM
Your question would have been complete if you provide the volume of these tokens within the 24 hours frame that give such a huge change in price. It is nothing newthat when the trading volume is very low, a big buy or sell order could influence the price of the token significantly. From experience, sometime the project team behind these token could intentionally want to make the token to be among top gainer token thereby giving more attention. They achieve this by deliberately buy substantial amounts to cause a significant price change


Title: Re: Altcoins with 1000% Plus Profits
Post by: akwfleaspirit on August 29, 2020, 05:16:36 PM
Many projects with such volumes are obviously a pump. And dump project, if you must invest, please be wise. Saw one today on hotbit with 67856% and I was like wow! I joined and pulled out immediately with profit, and few minutes later it crashed massively to 403%.. I was lucky, my first trial... But not everyone could be that lucky. So please don't get fooled by such volumes, just watch your trades carefully.


Title: Re: Altcoins with 1000% Plus Profits
Post by: Kupid002 on August 29, 2020, 05:46:32 PM
Low volume currency , they can easily manipulate the price by giving fake trades and increase the price that way. Its not an honest trading views this just manipulated by owner or one of the supply holders so they can exit with high profit selling it to other traders.

No legitimate currency can give that profit in a day only shit coins do that.
So, If I want to invest in this, is it going to be a waste or I can have profit as well? Thanks.

possible that you can still earn but there are more chances that you will lose your money instead of earning with that currency. Better to trade secured and know crypto currency that we already have in the market  than, investing in a shit  project  like this one. Since they are in peak price there are chances that they will sell to you their profit instead of you are earning for their project.


Title: Re: Altcoins with 1000% Plus Profits
Post by: Wingo on August 30, 2020, 12:16:48 PM
Low volume currency , they can easily manipulate the price by giving fake trades and increase the price that way. Its not an honest trading views this just manipulated by owner or one of the supply holders so they can exit with high profit selling it to other traders.

No legitimate currency can give that profit in a day only shit coins do that.
So, If I want to invest in this, is it going to be a waste or I can have profit as well? Thanks.

If the volume is small, this means that the number buy or sell requests is also small. If there few or no people who will buy your sell requests, then you won't have any profit. Choose those projects that has a high liquidity while having great potential, remember in this scene, we are investing in technology which has limited boundaries, and not in speculations.


Title: Re: Altcoins with 1000% Plus Profits
Post by: Rana590 on August 30, 2020, 12:25:57 PM
Legit coins can't give such kind of profit in a single day. We know that a single fake trade can make the price of these shit coins like this. So be careful about such kind of coins.


Title: Re: Altcoins with 1000% Plus Profits
Post by: sulendra12 on August 30, 2020, 02:06:36 PM
Never heard of them and they have really low volume in 24h based on coinmarketcap. Even those exchanges that those coins listed at I have never heard of them as well lol, so I pass.

Indeed they have pumped really good and the price "looks" like it's rocketing, but since it has really low volume so it would have gotten manipulated by bots or something else.


Title: Re: Altcoins with 1000% Plus Profits
Post by: bbcolex on September 06, 2020, 03:03:57 PM
You need volume for this to be legitimate profit, yep I agree to some people above. Low cap/volume can be easily manipulated. You need to always to consider the volume and also where its being traded.


Title: Re: Altcoins with 1000% Plus Profits
Post by: H1N1 on September 07, 2020, 03:20:59 AM
Alright, first you need to see other parameter as well such volume, not only the price.
Then you need to find out about the volume whether it is real or just a fake volume.
Probably the coin has not enough liquidity, resulting the price to rocketing when someone buy for a little amount with high price.


Title: Re: Altcoins with 1000% Plus Profits
Post by: peter0425 on September 07, 2020, 03:56:50 AM
Hey Guys,

Can someone explain what are these altcoins and what is the exact reason of so much growth in just 24 hours?
Are they scam or legit? Thanks.

Image:
https://i.ibb.co/2tTpprs/688156-EE-077-A-4-F58-AF01-E27084-B8-DD5-E.jpg
Either those coins are faking the volumes or they are being played by the whales.

But the best answer here?


This are shitcoins that must not have this value,meaning better to keep distance from this or cry the next days.


Title: Re: Altcoins with 1000% Plus Profits
Post by: bryant.coleman on September 07, 2020, 06:06:07 AM
The problem with these pump and dump coins is that you need to sell them right at the peak. If you delay your decision by a few days, then you will end up with a loss. This happened to me in 2018, when I was trading with DeepOnion. At one point, the exchange rates shot up to as much as BTC0.0011. But I was greedy and waited for more. The prices crashed very heavily (by more than 99%) and I ended up with a loss. I still have some of this coin in my wallets.


Title: Re: Altcoins with 1000% Plus Profits
Post by: Zazzu on September 07, 2020, 06:17:11 AM
You forgot to add YFI into that list , It all comes because of the hype and when the bubble bursts, things get back to normal again, after that gold is always gold and shit is always shit, no matter how many advertise you do for shit, it doesn't change its naturality.


Title: Re: Altcoins with 1000% Plus Profits
Post by: Bezobraznike on September 07, 2020, 06:23:09 AM
The problem with these pump and dump coins is that you need to sell them right at the peak. If you delay your decision by a few days, then you will end up with a loss. This happened to me in 2018, when I was trading with DeepOnion. At one point, the exchange rates shot up to as much as BTC0.0011. But I was greedy and waited for more. The prices crashed very heavily (by more than 99%) and I ended up with a loss. I still have some of this coin in my wallets.
   
   That's a crash, 99%! I agree with you, if anyone has some coin that rises a lot should sell and take profit, being greedy in
these situations is risky, and can lead to heavy losses.
   When I see this picture with this 30000% rise I know something is wrong and I will not even check the project and what
is wrong there, I will just skip it and forget what I saw.


Title: Re: Altcoins with 1000% Plus Profits
Post by: ssamotoev on September 07, 2020, 06:41:33 AM
Low volume currency , they can easily manipulate the price by giving fake trades and increase the price that way. Its not an honest trading views this just manipulated by owner or one of the supply holders so they can exit with high profit selling it to other traders.
No legitimate currency can give that profit in a day only shit coins do that.
Exactly, moreover there is a pretty big chance of being scammed when investing in one of those.
Because people who pumped the coin surely won't allow you to withdraw/exchange coin, will drain liquidity pool as fast as they can.
Definitely avoid if you're willing to save own funds


Title: Re: Altcoins with 1000% Plus Profits
Post by: (o)(o)ilikeboobs(o)(o) on September 07, 2020, 07:48:44 AM
I believe the trading volume of these cryptocurrencies is very low and they are listed on an exchange without anyone noticing it. It is just one of the manipulation games, no one will spend money to swing the other top.


Title: Re: Altcoins with 1000% Plus Profits
Post by: btc-facebook on September 07, 2020, 08:47:19 AM
I believe the trading volume of these cryptocurrencies is very low and they are listed on an exchange without anyone noticing it. It is just one of the manipulation games, no one will spend money to swing the other top.
I agree with your opinion, most of the coins that are pump more than 100% are coins that have low volume, usually coins like this don't have many investors or holders, so the possibility of the price falling again after pump is very large, and if that happens then only losses are we get when investing there.


Title: Re: Altcoins with 1000% Plus Profits
Post by: Bezobraznike on September 07, 2020, 11:39:05 AM
The problem with these pump and dump coins is that you need to sell them right at the peak. If you delay your decision by a few days, then you will end up with a loss. This happened to me in 2018, when I was trading with DeepOnion. At one point, the exchange rates shot up to as much as BTC0.0011. But I was greedy and waited for more. The prices crashed very heavily (by more than 99%) and I ended up with a loss. I still have some of this coin in my wallets.
 
   That's a crash, 99%! I agree with you, if anyone has some coin that rises a lot should sell and take profit, being greedy in
these situations is risky, and can lead to heavy losses.
   When I see this picture with this 30000% rise I know something is wrong and I will not even check the project and what
is wrong there, I will just skip it and forget what I saw.

Even I have Deep Onion. Back in 2017-18, they had a very popular bounty signature campaign, which gave out huge rewards. By the time the campaign ended, I had around 5,000 coins, which were worth around BTC5. But rather than converting to BTC, I held on to most of these coins. I sold them later, but I received only around BTC0.15. And this remains one of my biggest regrets with cryptocurrency.

   Vishnu.Reang I understand why this is the biggest regret for you, from 5 BTC worth of coins to 0.15 BTC, it's a lot! I never had some
coin that had 1 BTC value, not even close. I participated in bounties in that time, and I had good success with some bounties, but
clearly it was success for my standards.
   It's like it's better to hold on Bitcoins in any given moment, than to risk with new projects and new coins. As Bryant.coleman said, sell
on peak, delaying decision to sell can be a big loss.


Title: Re: Altcoins with 1000% Plus Profits
Post by: Bitbuffalo on September 07, 2020, 11:57:59 AM
Hey Guys,

Can someone explain what are these altcoins and what is the exact reason of so much growth in just 24 hours?
Are they scam or legit? Thanks.

Image:
https://i.ibb.co/2tTpprs/688156-EE-077-A-4-F58-AF01-E27084-B8-DD5-E.jpg

Go look at fiscus.fyi its not even on CMC yet but trading on uniswap, this will be worth millions, I bought some uFFYI and staking on their site to earn the governance coin FFYI

https://uniswap.info/pair/0x233904dA250E2Eb4dDFEA71e117b634b03E7634a

https://uniswap.info/pair/0xe3E15B09e1a8cB96032690448a18173b170A8d5C


Title: Re: Altcoins with 1000% Plus Profits
Post by: memed97 on September 07, 2020, 12:12:48 PM
I believe the trading volume of these cryptocurrencies is very low and they are listed on an exchange without anyone noticing it. It is just one of the manipulation games, no one will spend money to swing the other top.
Yes, people who are experienced in crypto will certainly not believe in new tokens with low cryptocurrency trading volume, because there are still many good crypto tokens that can benefit traders and investors.


Title: Re: Altcoins with 1000% Plus Profits
Post by: djmixen on September 07, 2020, 12:41:22 PM
Low volume currency , they can easily manipulate the price by giving fake trades and increase the price that way. Its not an honest trading views this just manipulated by owner or one of the supply holders so they can exit with high profit selling it to other traders.

No legitimate currency can give that profit in a day only shit coins do that.
So, If I want to invest in this, is it going to be a waste or I can have profit as well? Thanks.

This would depend on your research about these coins stated in the above. If you think that it has a good demand I could say that there is a future for it, but if not, well I think you better think of it more than twice dude so that you won't gonna regret in the end of course. Remember your success is still in your hand.


Title: Re: Altcoins with 1000% Plus Profits
Post by: Viscore on September 07, 2020, 02:06:08 PM
Believably not, and I was not thinking that any legit project will ever show that trend.
1000% profits for just one day or a week? That was crazy and all I can say is that the owner of their project trying fooled us and somehow many of us believe that thing.

We have to take a look at first its previous performance. If this never happens before, it is likely not to happen anymore. We should not close our eyes but instead, we should have to know the facts and the cause it makes this hype because it is probably there is manipulation.


Title: Re: Altcoins with 1000% Plus Profits
Post by: giammangiato on September 07, 2020, 02:11:01 PM
I think that doesn't exist an altcoin with 1000% of profit that is legit, pay attention to this kind of altcoin because if you don't quit in the right moment you can lose all the profits, as done in shushi defi


Title: Re: Altcoins with 1000% Plus Profits
Post by: erikoy on September 07, 2020, 02:30:04 PM
Low volume currency , they can easily manipulate the price by giving fake trades and increase the price that way. Its not an honest trading views this just manipulated by owner or one of the supply holders so they can exit with high profit selling it to other traders.

No legitimate currency can give that profit in a day only shit coins do that.
So sad that even altcoins now can be manage just to put them high profit. Why not run the crowdfunds instead? If this could be the reason then there is nothing good with cryptocurrency. I admit that cryptocurrency has unique system especially when it comes market price movement.

Anyway, I.hope that this is not true. I may exagerrate this reply but yes this really look bad if coins will be manipulated. There is no way that crowd will going to invest anmymore because of these manipulation activities in their own coins.


Title: Re: Altcoins with 1000% Plus Profits
Post by: Bossfidelity on September 07, 2020, 02:41:27 PM
Most of the altcoin that have the ability to give such an outrageous percentage in less than 24 hours are being pumped and those pumping it would certainly dump the value after a while. If looked closely, we would find out that the token has a low supply and probably listed in a few or only one exchange.


Title: Re: Altcoins with 1000% Plus Profits
Post by: TopT3ns on September 07, 2020, 03:41:07 PM
I think that doesn't exist an altcoin with 1000% of profit that is legit, pay attention to this kind of altcoin because if you don't quit in the right moment you can lose all the profits, as done in shushi defi
I think you also experience losses due to price movements of sushi, when the price has gone up to be expensive the percentage increase has reached 50% then you don't buy it maybe you can open a short future because it's certain the price will collapse again, join the whales' game to get a lot of profit.


Title: Re: Altcoins with 1000% Plus Profits
Post by: todiefor17 on September 07, 2020, 03:57:00 PM
Profits 1000% but their volume is almost zero. The people who pumped it 100 times will liquidate them themselves, nobody buys them at the price that has gone up 100 times.
Pump and dump games like this happened a lot in 2017 on the bittrex, yobit exchange ... Currently, no one is interested in these games anymore. Everyone was wise enough to avoid the same mistakes as before.


Title: Re: Altcoins with 1000% Plus Profits
Post by: Raflesia on September 07, 2020, 06:10:44 PM
The problem with these pump and dump coins is that you need to sell them right at the peak. If you delay your decision by a few days, then you will end up with a loss. This happened to me in 2018, when I was trading with DeepOnion. At one point, the exchange rates shot up to as much as BTC0.0011. But I was greedy and waited for more. The prices crashed very heavily (by more than 99%) and I ended up with a loss. I still have some of this coin in my wallets.
That is greed makes you lose but also used to have the same experience but I am applying it now and don't want it to happen the second time around, so when the price is high then I will take the time to get 50% which is enough, no need to wait higher again because we do not know when the price will end, therefore at every opportunity, we must take action and must not make it happen again now.


Title: Re: Altcoins với 1000% Plus lợi phú nhuận
Post by: (o)(o)ilikeboobs(o)(o) on September 08, 2020, 06:55:19 AM
I believe the trading volume of these cryptocurrencies is very low and they are listed on an exchange without anyone noticing it. It is just one of the manipulation games, no one will spend money to swing the other top.

Agree, usually tokens or coins whose price increases reach thousands of percent have a small transaction volume so that it looks like there is price manipulation. I'm not saying that tokens that have a fast increase are scam, but we should be vigilant and see whether the price increase is natural or not
Natural price increases have not happened on a chart like this, have been very regular and beautiful for many days, and have suddenly dropped in price. Manipulation always happens when the entire volume is large on centralized platforms. Many exchanges dishonestly report the volume of the transaction.
https://i.imgur.com/AOHY1Kw.png


Title: Re: Altcoins with 1000% Plus Profits
Post by: Xembin on September 08, 2020, 11:15:42 AM
When there is a low suppply of altcoin, and high demand in the market, seller always smile in profit making, compare to high supply of coins and low demand in the market, cause buyer to make profit.


Title: Re: Altcoins with 1000% Plus Profits
Post by: budi691 on September 08, 2020, 01:07:15 PM
pumps and pumps so that it continues and eventually explodes, and in the end it will not come back, the layman will see the price does not see the traded volume, thus trapped in a false pump which is misleading.


Title: Re: Altcoins with 1000% Plus Profits
Post by: taufik0911 on September 09, 2020, 03:24:16 AM
it's just market manipulation, as long as I live only 1 time I have seen an altcoin go up more than 300% in less than 1 year namely YFI and that is with a very large volume on various exchangers
maybe others are untrustworthy and have a very small volume


Title: Re: Altcoins with 1000% Plus Profits
Post by: mohucool on September 21, 2020, 05:29:01 AM
Do t know if they get success in long term but the coins like yfi, meme are giving huge returns if bought early ,try to find such coins till yield farming craze don't go away. You can easily make 1000% gains in such coins.

YFIay be not much huge upside possible now as it's already high but may be Meme can still go 10x from here

DYOR though. Also try to find best gems early in Uniswap to get those crazy gains.


Title: Re: Altcoins with 1000% Plus Profits
Post by: Leonard2016 on September 21, 2020, 05:49:15 AM
Wow!
They say something that gives you 1% per day is a scam, so I don't know what 1000% could be?
I'm just sure that if something can go up fast can go down fast too, that is why many people would rather buy gold or diamond , coz they don't have harsh moves .


Title: Re: Altcoins with 1000% Plus Profits
Post by: fuer44 on September 21, 2020, 06:25:35 AM
Low volume currency , they can easily manipulate the price by giving fake trades and increase the price that way. Its not an honest trading views this just manipulated by owner or one of the supply holders so they can exit with high profit selling it to other traders.

No legitimate currency can give that profit in a day only shit coins do that.
So, If I want to invest in this, is it going to be a waste or I can have profit as well? Thanks.
very risky, due to volume, the market cap is not clear. can only see the price increase, it could be fake. be careful, bugs can also occur in an exchanger. I've also seen coins that cost past bitcoin, but that was just a bug because the volume and market cap didn't say the same thing and soon everything was back to normal. that's all I worry about, hope you can understand what I mean.


Title: Re: Altcoins with 1000% Plus Profits
Post by: fabiola! on September 21, 2020, 07:02:09 AM
Hey Guys,

Can someone explain what are these altcoins and what is the exact reason of so much growth in just 24 hours?
Are they scam or legit? Thanks.

Image:
https://i.ibb.co/2tTpprs/688156-EE-077-A-4-F58-AF01-E27084-B8-DD5-E.jpg


Those are the fake projects which pump and dump using fake volume with high price at start, they will have  some initial own funding and they show as they sold coins bla bla bla and they start selling and buying themelf at high  price
and will manipulate the market then follow the sheeps with fomo shits , only 1-2% who gets in early might be lucky and rest they start selling and exit


Title: Re: Altcoins with 1000% Plus Profits
Post by: WiND33 on September 21, 2020, 07:22:13 AM
Hey Guys,

Can someone explain what are these altcoins and what is the exact reason of so much growth in just 24 hours?
Are they scam or legit? Thanks.

Image:
https://i.ibb.co/2tTpprs/688156-EE-077-A-4-F58-AF01-E27084-B8-DD5-E.jpg


Those are the fake projects which pump and dump using fake volume with high price at start, they will have  some initial own funding and they show as they sold coins bla bla bla and they start selling and buying themelf at high  price
and will manipulate the market then follow the sheeps with fomo shits , only 1-2% who gets in early might be lucky and rest they start selling and exit

This is a typical pump, during which scammers select a dead coin in advance, buy it, and then, through various sites and channels, report that at a certain time there will be a sharp jump in price, thanks to which it will be possible to earn. This usually ends up with the price going up, scammers selling their coins sharply, and the rest of them losing money.


Title: Re: Altcoins with 1000% Plus Profits
Post by: Mauser on September 21, 2020, 08:12:33 AM

This is a typical pump, during which scammers select a dead coin in advance, buy it, and then, through various sites and channels, report that at a certain time there will be a sharp jump in price, thanks to which it will be possible to earn. This usually ends up with the price going up, scammers selling their coins sharply, and the rest of them losing money.


To get returns of 1000% and higher the alt coins need to drop first of all. Any new coin with an active market is very very unlikely to make jumps of such high returns. We usually see such kind of behaviour in not active markets where all the investors just forgot about the coin. If there are not a lot of traders in such a coin, the price can jump very fast with a small amount of trades.

A good indication of how the coin is behaving is to look at the volume traded in that coin the last 100 days. If there is literally no volume and then just in the day of the huge price jump, the behaviour look manipulated and I would not recommend in investing into such coins.


Title: Re: Altcoins with 1000% Plus Profits
Post by: ekateriinae on September 21, 2020, 08:28:27 AM
Altcoins that has 1000% profits are only a manipulated tokens that being used for pump and dump tokens only. Just be careful ya before think it was a good projects.


Title: Re: Altcoins with 1000% Plus Profits
Post by: Sy on September 21, 2020, 10:23:37 AM
Those types of movements are mostly seen in the project which has really low liquidity and volume and that's how they usually exit scams first they show us that they made a high % gains then after a few days they will sell all their tokens.


Title: Re: Altcoins with 1000% Plus Profits
Post by: Captain Corporate on September 21, 2020, 01:29:38 PM

 I believe there is no more coin that is left that could make you %1000 plus profit from now on. All of those happened back in the day and we are glad that it happened because it attracted a lot of people. People who saw others who made %1000 plus profits came in here to make the same profits and they realized that they are too late but for two reasons they stayed, one reason is they assumed they would make some profit even if not that much and another reason is this is addictive and they couldn't stop. However I agree with the first type, even if you can't make that much profit, you could still make %20+ yearly and that is more than enough, there is no reason to stay behind just because you do not like %20 profit which is more than almost all investment companies in the world.


Title: Re: Altcoins with 1000% Plus Profits
Post by: Google+ on September 21, 2020, 03:23:45 PM
Those types of movements are mostly seen in the project which has really low liquidity and volume and that's how they usually exit scams first they show us that they made a high % gains then after a few days they will sell all their tokens.
well, I think there are indeed many cases like that, but for now I hope there are no more cases because if it happens again it will make the name of the cryptocurrency become corrupted due to the many scammers.


Title: Re: Altcoins with 1000% Plus Profits
Post by: TheClownSong on September 21, 2020, 04:10:18 PM
Those types of movements are mostly seen in the project which has really low liquidity and volume and that's how they usually exit scams first they show us that they made a high % gains then after a few days they will sell all their tokens.
well, I think there are indeed many cases like that, but for now I hope there are no more cases because if it happens again it will make the name of the cryptocurrency become corrupted due to the many scammers.

Agree, hopefully there won't be another scam in the cryptocurrency market even though I think it will remain. The number of projects that are scam or have stalled makes many investors lose money and this makes the name cryptocurrency less good. But as the value of transactions on the cryptocurrency market continues to increase, I think it will attract new investors


Title: Re: Altcoins with 1000% Plus Profits
Post by: Dr.Osh on September 21, 2020, 05:28:16 PM
The thing to note is, some coins only go up for a short period of time, and fall in a fairly short time. however, in the 4 coins sent, only one coin remained, namely ONLEXPA. while other coins have decreased in price, especially DCH. The price at CMC, DCH currently has a price of $ 0.0018. Well, do your research before you get really interested in a coin because things like this can be manipulated to attract investors.


Title: Re: Altcoins with 1000% Plus Profits
Post by: Sy on September 22, 2020, 06:27:37 AM
Those types of movements are mostly seen in the project which has really low liquidity and volume and that's how they usually exit scams first they show us that they made a high % gains then after a few days they will sell all their tokens.
well, I think there are indeed many cases like that, but for now I hope there are no more cases because if it happens again it will make the name of the cryptocurrency become corrupted due to the many scammers.

Agree, hopefully there won't be another scam in the cryptocurrency market even though I think it will remain. The number of projects that are scam or have stalled makes many investors lose money and this makes the name cryptocurrency less good. But as the value of transactions on the cryptocurrency market continues to increase, I think it will attract new investors

Of course, there will be new scams in the crypto market because it is almost impossible for the crypto world to be scam-free. If you pay close attention you will notice that projects with exit scams are always increasing.


Title: Re: Altcoins with 1000% Plus Profits
Post by: wack slacker on September 22, 2020, 01:27:00 PM
I don't believe that many people are making money as these altcoins are up 1000%. Most altcoins that rose 500% or 1000% were failed, opaque projects, and traded on low-volume exchanges. Even when these altcoins are high, their trading volume remains a question mark.
I believe the value of these altcoins is manipulated by some.


Title: Re: Altcoins with 1000% Plus Profits
Post by: MCobian on September 22, 2020, 09:34:26 PM
Of all the coins mentioned in the opening post, all of them are shitcoins and are a risk for investment, because it has low volume
and listings on unpopular exchanges. It's better to avoid investing in coins that have low volume and don't trust too much data
that shows high price increases. because sometimes there is price manipulation to make investors interested in these projects.
I've had a lot of bad experiences investing in low volume coins. We will have difficulty selling these coins, even the price will
continue to fall.


Title: Re: Altcoins with 1000% Plus Profits
Post by: giammangiato on September 22, 2020, 09:39:48 PM
Hey Guys,

Can someone explain what are these altcoins and what is the exact reason of so much growth in just 24 hours?
Are they scam or legit? Thanks.

Image:
https://i.ibb.co/2tTpprs/688156-EE-077-A-4-F58-AF01-E27084-B8-DD5-E.jpg

This gain is amazing, +1000% it's what everyone hope for his coins. I think that good projects grow slowly and constantly, the coins with too big gains in little time have behind too much fomo and in these caise the best think to do it's try to evaluate if is a good choice invest


Title: Re: Altcoins with 1000% Plus Profits
Post by: Wapfika on September 22, 2020, 09:49:01 PM
If any altcoin has increased 1000% in less than 24 hours, be careful to invest in it, it could be a trap for new investors. before entering first look at the trading volume and on which exchange it is listed, do not be easily tempted by the profits made in a short time.
It's fine to take advantage in the short term as long as we're able to buy before it arise that much, but only those who are good in analysing and knows how to monitor it properly will be able to ride and buy since mostly some will buy after that hype is over and lose a lot since whales and those who create the hype already leave and earn, so we need to be very conscious or better be too active to monitors it.


Title: Re: Altcoins with 1000% Plus Profits
Post by: Francis Freeman on September 23, 2020, 06:00:36 AM
Do t know if they get success in long term but the coins like yfi, meme are giving huge returns if bought early ,try to find such coins till yield farming craze don't go away. You can easily make 1000% gains in such coins.

YFIay be not much huge upside possible now as it's already high but may be Meme can still go 10x from here

DYOR though. Also try to find best gems early in Uniswap to get those crazy gains.

Uniswap seems the best gateway to find coins early and get a lot of profit but also be aware that there are too many scam and meme coins getting listed on uniswap and you are supposed to be really cautious.


Title: Re: Altcoins with 1000% Plus Profits
Post by: adzino on September 23, 2020, 06:59:36 AM
It's fine to take advantage in the short term as long as we're able to buy before it arise that much, but only those who are good in analysing and knows how to monitor it properly will be able to ride and buy since mostly some will buy after that hype is over and lose a lot since whales and those who create the hype already leave and earn, so we need to be very conscious or better be too active to monitors it.
Fine to take advantage? You are just encouraging those scam developers to scam more people. If you invest on those coins, the profits that you will be making is from those other people who got scammed/lost money due to investing in those fake coins. How about you ignore those coins? If those scam developers sees that no one is investing on their coins, they will eventually stop since it won't be worth scamming people anymore.
Just don't invest in those shit coins. Don't suggest others to do so!