Riding the pump

[wiwa]

In the gainers and losers coinmarketcap table, one often sees values of up to 300% gain. How do you go about detecting what coin is going to be pumped soon? Are you looking at the 24h window for that? Needless to say that I would want to join that ride and speculate a bit. Any ideas are welcome!

Other than that, I have the impression that the pump is often realized by a single person investing a bit of money. If overall volume is low, this results in a tremendous gain. I guess they hope other people would notice and jump on it too. I have no evidence of this though so would like to know if this theory holds...

In the end, also just trying to make 10K into 100K or more...

[pereira4]

Look for coins that are under 1 dollar and have reasonable coin supplies to reach 1 dollar, and have a selling point (have something different).

I believe if PIVX pumped to $2, we'll see coins like POSW and STRAT pump to $2 as well

https://coinmarketcap.com/currencies/posw-coin/

https://coinmarketcap.com/currencies/stratis/

I believe POSW had the first pump, now things are loading for the next round.

Of course be aware that investing on coins that aren't top 5 are a big risk, but we all know big risk big reward, but just be aware of the risk.

[noa06]

Ola,

Thanks loads for the advice man ! I do have a question in mind though, how much (speculation perspective indeed) do you reckon the Xem can settle at for the year to come ??

I am looking at it as it seems to have such a great community and dev team pushing the project forward with great tech backing them up : )

[Bowtiesarecool]

Also interested in xem... think it has good prospects

[pedrog]

Right now you should be exiting your positions not taking new ones, it's too risky, don't let FOMO set in and save your money for new opportunities.

If you don't already profit from this bull run don't worry, there's going to be another.

[wiwa]

True, however my feeling is that it's the right time to buy ETH. It's high now (80$) that's true but there is a lot of upside potential still.

[kawacaki]

True, however my feeling is that it's the right time to buy ETH. It's high now (80$) that's true but there is a lot of upside potential still.

i think thats a mistake, wait for the bubble to pop first. be patient

[LittleBigDrone]

True, however my feeling is that it's the right time to buy ETH. It's high now (80$) that's true but there is a lot of upside potential still.

You are kidding right?

In less than a week that shit is under 30$

[Pearls Before Swine]

True, however my feeling is that it's the right time to buy ETH. It's high now (80$) that's true but there is a lot of upside potential still.

You are kidding right?

In less than a week that shit is under 30$

And not a surprise at all, but anyone who's trying to make money with coins other than bitcoin should get in and out within days, not weeks or months.  You hold these hot potatoes for too long, you lose.  It's 'pump and dump', not 'pump and hold'.

[JeffBrad12]

In the gainers and losers coinmarketcap table, one often sees values of up to 300% gain. How do you go about detecting what coin is going to be pumped soon?

It can't be detected (random)

Other than that, I have the impression that the pump is often realized by a single person investing a bit of money.

Maybe it's just a luck, But regarding the pump of altcoin is being randomly or unpredictable and I can say the possible person has known about it already included on the pump team.
Or he's got right analyzation.

If overall volume is low, this results in a tremendous gain. I guess they hope other people would notice and jump on it too. I have no evidence of this though so would like to know if this theory holds...

Every theory allowed on crypto. There is no something wrong with it.

[youdamushi]

In the gainers and losers coinmarketcap table, one often sees values of up to 300% gain. How do you go about detecting what coin is going to be pumped soon? Are you looking at the 24h window for that? Needless to say that I would want to join that ride and speculate a bit. Any ideas are welcome!

Other than that, I have the impression that the pump is often realized by a single person investing a bit of money. If overall volume is low, this results in a tremendous gain. I guess they hope other people would notice and jump on it too. I have no evidence of this though so would like to know if this theory holds...

In the end, also just trying to make 10K into 100K or more...

You don't. It seems nearly random to me.

Right now Litecoin is pumped hard and there is NO REASON FOR IT
Not even bad reasons or FUD or whatever
Not even an hoax
There is no reason but it's still happening.

[LittleBigDrone]

True, however my feeling is that it's the right time to buy ETH. It's high now (80$) that's true but there is a lot of upside potential still.

You are kidding right?

In less than a week that shit is under 30$

And not a surprise at all, but anyone who's trying to make money with coins other than bitcoin should get in and out within days, not weeks or months.  You hold these hot potatoes for too long, you lose.  It's 'pump and dump', not 'pump and hold'.

Indeed.
You just need to watch a bit the trends and don't get greedy, you basically don't want to be neither in the pump team of scammers, nor in the dumb team of idiots who jump too late. NEVER JUMP IN THE MIDDLE OF THE FKING PUMP. If you missed the train, well, accept it man, you'll catch the next one.

You don't even need to be 24/7 in front of the computer, or use a bot/place orders before going to sleep or shit like that.

[wiwa]

True, however my feeling is that it's the right time to buy ETH. It's high now (80$) that's true but there is a lot of upside potential still.

You are kidding right?

In less than a week that shit is under 30$

Let's see, your guess is as good as mine.

[LittleBigDrone]

True, however my feeling is that it's the right time to buy ETH. It's high now (80$) that's true but there is a lot of upside potential still.

You are kidding right?

In less than a week that shit is under 30$

Let's see, your guess is as good as mine.

You are right, none of us know to be honest. I just never really liked the ETH team nor see what's it's utility.
It's not like other projects like XMR, NEM, NXS, REP, GNT, GAME, or many others where you can clearly think of real stuff that can be achieved through them that can't be done through the crypto king, BTC.

Anyway it also depends on you, do you wanna make money, or support a coin that you love/like the idea of? If you really wanna make money and start with little capital you better invest in shitcoins. True projects take time and weren't just created for the dump and pump game.

[kawacaki]

True, however my feeling is that it's the right time to buy ETH. It's high now (80$) that's true but there is a lot of upside potential still.

You are kidding right?

In less than a week that shit is under 30$

And not a surprise at all, but anyone who's trying to make money with coins other than bitcoin should get in and out within days, not weeks or months.  You hold these hot potatoes for too long, you lose.  It's 'pump and dump', not 'pump and hold'.

that is when you believe everything is gonna stay the same as always,
but for someone who is investing in cryptocurrency thats a pretty small view on things.
nothing is gonna stay the same, things are maturing and with it there are gonna be good solid long term investments out there.

[paramind22]

I have been putting about 10% of my investing fund in these coins and it's very hard.  One thing I learned, is don't buy "cute" coins, thinking that they will be popular.  I don't think DOGE was a cute coin because it had/has huge adoption.  These days, there are tons of cute coins that go nowhere, like CharlieChaplincoin, ThomasJeffersoncoin, and so on.  The big pumped coins also don't have a downward long term arc, they're more in frequent cycles in their up and down patterns.   Brand new coins are more problematic then ones that have been around a while.  Often they come in high from ICO's and just keep basically falling.  Any long term downward arc is less likely to be a good investment.

If you're not investing much in them, it's also not worth selling ones short that you think will go nowhere.  I think it's better to hold.  I've lost money selling short on them.  Patience is a virtue in investing.

[kc.]

True, however my feeling is that it's the right time to buy ETH. It's high now (80$) that's true but there is a lot of upside potential still.

You are kidding right?

In less than a week that shit is under 30$

ETH will 100% not go down to $30, nowhere near it.

[jason943]

True, however my feeling is that it's the right time to buy ETH. It's high now (80$) that's true but there is a lot of upside potential still.

You are kidding right?

In less than a week that shit is under 30$

Actually you are kidding, ETH is close to 100$ now and will probably go to 200$ very soon.

[tmib]

I have been putting about 10% of my investing fund in these coins and it's very hard.  One thing I learned, is don't buy "cute" coins, thinking that they will be popular.  I don't think DOGE was a cute coin because it had/has huge adoption.  These days, there are tons of cute coins that go nowhere, like CharlieChaplincoin, ThomasJeffersoncoin, and so on.  The big pumped coins also don't have a downward long term arc, they're more in frequent cycles in their up and down patterns.   Brand new coins are more problematic then ones that have been around a while.  Often they come in high from ICO's and just keep basically falling.  Any long term downward arc is less likely to be a good investment.

If you're not investing much in them, it's also not worth selling ones short that you think will go nowhere.  I think it's better to hold.  I've lost money selling short on them.  Patience is a virtue in investing.

This is good advice. Personally, I cannot tell when any particular coin is going to be 'pumped', but I have been able to discern some patterns to it and buy into a a coin that starts rising. Howver, in almost all cases that I bought into a pump early, I didn't even realize the coin I owned was being pumped in the first place, so once I had my 10% profit I sold only to watch it continue on up (yes, I am talking about you XRP!).

Patience is the most important skill for long term success. Making a 5-10% daily return is realistic as long as you are prepared to ride out the unexpected drops and do nothing for several days at a time while waiting for a coin price recover. Its never a loss until you actually sell it.

EDIT: Even better advice is to learn technical analysis and how to create charts so you have a better understanding of how the markets move. Every pump/dump is an emotional event, and emotions follow predictable patterns. Tradingview.com is the best tool out there for this purpose.

[Harry Callahan]

If you're not investing much in them, it's also not worth selling ones short that you think will go nowhere.  I think it's better to hold.  I've lost money selling short on them.  Patience is a virtue in investing.

One thing i will never bet on doing in crypto currency is shorting as you will never know what the future holds,you really cannot have any real time analysis and it is hard to predict when the price would go down or will be seeing a pump,it is pure gambling shorting in this virtual world,but riding the market is always possible with alt coin market and watching closely the volume will give you an idea how the price would go.