pump and dump

[RayvenPierre]

Pump and dump are mostly perceived by many as holding until the price increases highly and then selling it. Doing this can generate you a lot of profit but for this you're gonna be needing to be patient and you'll be needing to check on the prices from time to time.

[erickkyut]

Pump and dump means the increase and decrease of Bitcoin price.  Pump is buying Bitcoin to increase its price while dump is selling it to cause price decrease. You can usually see it on topics related to trading or prices of coins. Pump and dump is usuqlly done by the whales to control the prices of coins.

[Jombitt]

sorry friend ,, i want to ask often i hear the word pump and dump in bitcoin ,, maybe some one would explain to me ,, what is the meaning of both? and what is the relationship with bitcoin? does it have an effect on bitcoin?

pump is the value of price of a coin is going up while dump is the value of a coin is going down . You can always see this word when you are in trading bitcoin or altcoin. Example is when you are HODLing a coin you will wait the coin to dump and sell your coins . If the coin will dump you are going to buy a coin

[jkoin]

Pump is a price increase, a dump is a fall. In general, this phenomenon is called volatility. On these differences, traders earn. To foresee this phenomenon in cryptology is almost impossible. But for some it turns out. So try it, it can work out for you.