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Author Topic: How can we identify pump and dump?  (Read 192 times)
Lonego104
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January 30, 2018, 03:34:41 AM
 #21

It is frustrating when I saw a strong momentum and bought a position only to see that it candle return to the original price where it belongs. Is there anyway we can know it is p&d group working and not organic push?


It is very hard to detect those sudden increase, better to invest your money in stable altcoins if you want to experience pump and dump. The difficult thing to handle here in crypto is there's no regulating body to control those organic push.
stefany101
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January 30, 2018, 04:48:58 AM
 #22

If there is too much decrease in price or value of a coins that's what you called dump and if otherwise, like too much increase that is pump.

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wayaneka
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January 30, 2018, 05:16:49 AM
 #23

There are alot of pump dump group in telegram and usually they will pump and dump some coin that has low volume. For the better stay away from this group because this is more risk than we trade by own analysis. To get consistent profit in trading learn trading strategy and risk management by self is much better so we will know what the mistake and we can learn more from that mistake and make new strategy. Experience is best teacher.

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