layoutph (OP)
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May 13, 2017, 05:14:20 AM |
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Hi protraders how do you maximize the earning from a very bullish coin? For example, XRP (Ripple). ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FvmXVirJ.png&t=665&c=bkd2m8cNXD2dsg) From the embedded image, XRP started at 0.00002 and pump up to 0.0001450 . How do you pump and dump? When to dump? If I have 1BTC worth of XRP at 0.00002 when should I dump. Do you use stop loss?, etc. Thanks,
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bitcub
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May 13, 2017, 05:26:12 AM |
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My strategy is buy the coin on its lowest position, and set a SELL point from a possible safe sell entry. Pumping and dumping has a lot of risk. I know theres an art of Pump and dumping. See it from YOutube.
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RoommateAgreement
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May 13, 2017, 05:38:16 AM |
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we can not pump and dump these big coins which have many manipulating whales which have such big amounts of money that we can not even comprehend, all we can do is to join in the pump and make good profit. what i do is that i try to find these coins before they get pumped, then join in and decide on a profit. for example i decide that i joined after price went up 10% so i only want 20% profit and when i get there i dump it hard and get out. i have a secure 20% profit if price falls i still have my 20% profit and if it goes higher i still have 20% profit ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) this 20% may be different in different markets though. in a big pump and dump coin like this i set that to a bigger amount even as big as 100% and in some smaller pump and dump coins i set it to smaller amount even 5% p.s XRP has gone up 3367% in 2 months
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Buying the dip...
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nicolas1979
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May 13, 2017, 02:39:50 PM |
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I believe buy low sell high is the best strategy, but I am sorry we as trade can't do anything about pump market. BTC and altcoin have supply, demand, and speculation itself, so we can pump itself if we are corporate with a huge fund. It's just coincidence if the price go high and we never know when it happens. Your strategy is good so keep running with that and try to another coin or investment. Maybe you can try to get more leverage and double your profit. Good luck.
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omonuyak
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May 13, 2017, 03:42:41 PM |
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Hi protraders how do you maximize the earning from a very bullish coin? For example, XRP (Ripple). ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FvmXVirJ.png&t=665&c=bkd2m8cNXD2dsg) From the embedded image, XRP started at 0.00002 and pump up to 0.0001450 . How do you pump and dump? When to dump? If I have 1BTC worth of XRP at 0.00002 when should I dump. Do you use stop loss?, etc. Thanks, Pumb and dumb is a very high technical games play by expert and you have to be knowledgeable on the altcoins that is about to be pumb. Using stop loss is one of the ways to minimize loss incase your prediction did not go the way you plan but how do you know the coins is about to be pumb? Most time when pin bar is form on a daily chart! Pin bar review insider secret of a currencies pairs in trading.
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Reid
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May 13, 2017, 03:47:06 PM |
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If I have 1 bitcoin worth of that coin and that happened like 200 sats to 1450 then I might be running now. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) That is already a max earning for me. I dont want to let my greed take over me and wait for more that could end up in a bad decision. Regrets only comes at the end so better make a choice in the middle. There is no such thing as a ninja technique. Trust your instinct and sell whenever you feel like doing it as long as there is profit from it.
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Iranus
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May 13, 2017, 08:30:11 PM |
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I believe buy low sell high is the best strategy
... Moving on. It wouldn't be a pump and dump to buy a coin and then sell it again at a higher price. That would just be earning profit from trading. If you misunderstand these basic terms, you might be one of the people the whales exploit in their pump and dumps to earn profit.
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bitcampaign
Sr. Member
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May 13, 2017, 11:11:57 PM |
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The scary thing is the amount of XRP supply is overwhelming and I do not think holding it for too long
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Skarner21
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May 13, 2017, 11:18:14 PM |
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In my own when i was bought at the price of 2 sat i will set and put my sell just to get the first in buy wall.. Sample if the by wall is 1500 sat just made your sell into 1499 just to get into the first in the buy place just to gain more profit.. Same at selling you need to be in the first so that you can get the fast result..
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Make crypto as your bank.
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ethereumhunter
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May 13, 2017, 11:37:36 PM |
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if you only have 1 btc, then i think it is hard to do pump or dump because xrp have bigger fans and xrp have bigger player so you are getting difficult to do that. i think what you only do is by following the coins movements and with doing this, i am sure that you can make maximal profit because this coins will still increase more than before.
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chaser15
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May 13, 2017, 11:40:43 PM |
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Hi protraders how do you maximize the earning from a very bullish coin? For example, XRP (Ripple). ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FvmXVirJ.png&t=665&c=bkd2m8cNXD2dsg) From the embedded image, XRP started at 0.00002 and pump up to 0.0001450 . How do you pump and dump? When to dump? If I have 1BTC worth of XRP at 0.00002 when should I dump. Do you use stop loss?, etc. Thanks, There are coins that is being tagged as meant for long term holding while on the other hand, there are also coins that is not suitable to hold for long term. Those coins that can be hold for long term and have higher chance to established a price increase in the future are coins that needs to be saved even when there is an ongoing hard pump for this coin. Since it's long term, no dump will be made until you are satisfied with the profits that is worth to wait. For coins that is not being considered to hold for long, move of the whales are the big factor that's why price is being pump so hard especially with the altcoins. To deal with that, you must be aware that in any time of the day, the price will be increase or decrease. Even you don't want to stay active the whole day, you must because maybe you will missed the train or suffered loss.
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Sled
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May 14, 2017, 02:30:57 AM |
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Hi protraders how do you maximize the earning from a very bullish coin? For example, XRP (Ripple). ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FvmXVirJ.png&t=665&c=bkd2m8cNXD2dsg) From the embedded image, XRP started at 0.00002 and pump up to 0.0001450 . How do you pump and dump? When to dump? If I have 1BTC worth of XRP at 0.00002 when should I dump. Do you use stop loss?, etc. Thanks, You can't predict the possible price of the coin based on its pump and dump but you can have a chance to buy at the right price which is buying from the support of the coin, just determine where is the support of the coin and buy some from that and sell them at the resistance of the coin and you can have a small but safe profits.
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pooya87
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May 14, 2017, 04:28:44 AM |
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you should always dump whenever you feel like this is the end of the pump and are satisfied with the return you have gotten from the ongoing pump. what you shouldn't do is wait around and hope for more rise and more profit, that will never end well. you can not possibly know the top so dump when you get enough satisfying profit.
if you liked you can buy back in when price showed signs of more rise but the initial dump must happen if you want profit.
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CraigWrightBTC
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May 14, 2017, 07:58:09 AM |
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The scary thing is the amount of XRP supply is overwhelming and I do not think holding it for too long
Well so you use short strategy in trading of xrp on exchangers, that is good strategy to maximize the profit unfortunately the strategy trading of scalfer doesn't good for the traders who doesn't have much time, because this strategy must stay on the computers to see movement of price. Personality I did not used this because i won't stay on the computers. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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carlfebz2
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May 14, 2017, 11:15:56 AM |
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pump and dump ninja would really be hard and mostly this method or trading behavior would be mostly be fitted on scalper type kind of traders this might would work also for long traders but knowing about on when buy and sell would be the hardest thing because no one knows what would be the peak of a certain coin.
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~Bitcoin~
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May 14, 2017, 12:09:43 PM |
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There is no any technique or strategy to make profit out of any dump and pump scheme, you have to get really lucky to be able to dump your holdings before others do. But talking about ripple, it is not just pump and dump coin because it is in top 10 alts so if you have even bought XRP at peak price you can wait few more months to sell it at profit. I am also the one who have bought few xrp at top and holding them tight ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Iranus
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May 14, 2017, 01:15:01 PM |
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But talking about ripple, it is not just pump and dump coin because it is in top 10 alts
Stellar Lumens (number 9 at time of writing) is blatantly a giant pump and dump coin. It would be ignorant to argue that pump and dumps can only be on coins with a miniature trading volume - on the contrary, many big altcoins have major pump and dumps. There was a point a couple of years ago went Litecoin went suddenly up to about $50 and then dropped down several times again.
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torry28
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May 14, 2017, 01:15:42 PM |
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Hi protraders [1]how do you maximize the earning from a very bullish coin? For example, XRP (Ripple).
-snip-
From the embedded image, XRP started at 0.00002 and pump up to 0.0001450 . [2] How do you pump and dump? When to dump? [3]If I have 1BTC worth of XRP at 0.00002 when should I dump. Do you use stop loss?, etc.
Thanks,
[1] Sometimes i missed the time to buy altcoins which those already on lowest price, and also missed to sell when they already reached their peak. It's very hard to predict what's their lowest price and highest price, unless you are controlling the market with huge money. [2] I'm sure, i never pump and dump because my trading amount still considered small amount which didn't give any effect to the market. [3] No one can tell you on what price you should sell your coin (If you decided to sell your coin right now, your 1 btc will be turned 5 btc)
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densuj
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May 15, 2017, 05:26:20 AM |
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Getting maximize the earnings from pump and dump is buy on when the condition of price dump and sell on the pump, of course the condition of dump on support area and pump on resistance area, i think it is techniques buy on support and sell on resistance. Many traders use it on trading altcoins to take fast profit from trading. It can used on every kinds of altcoins.
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sotoshihero
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May 15, 2017, 06:35:47 AM |
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For me, I set my BUY order, like the lowest price it dump before or within the 24 hours. Then let it to be filled. When it is filled, then its time to set again the SELL order. If trading is active, just repeat the system and you will benefit the pup and dump. Also, if your BUY order is not filled, you can review the trading history and set the new Buy order.
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