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Author Topic: what do you think about pump and dump?  (Read 10003 times)
jonathan6655321 (OP)
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August 25, 2017, 12:36:59 PM
 #1

what do you think about pump and dump?  did you ever trade on pump and dump event? can you give few tips for how to make money from this events? what i need to look for?

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August 25, 2017, 12:41:43 PM
 #2

what do you think about pump and dump?  did you ever trade on pump and dump event? can you give few tips for how to make money from this events? what i need to look for?

I think pump and dumps are pretty common in the altcoins markets.
I tried to trade twice time ago, once I earned money while the other one I lose it.
In order to make money from this event, you have to be the admin of pump and dump groups and buy before the others.
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August 25, 2017, 12:54:45 PM
 #3

You should stay away from such things. Those kind of things are always at someones expense and if you are not the one who will pay the price then you are defrauding others for it. Pump and dump is always at the expense of people participating in the event, people already holding the coins before such an even can only profit and people getting involved in that altcoin after the event are unaffected. If you join such an event at any point, you are buying the coin for a higher price than it is worth and it will only be a race on who will dump it first, who is the least greedy and joined earliest.

If you are an admin of such event, you are basically buying the coin before the event, since you know it could take place, that is the only way you can count on profit, otherwise you are at a loss. It is basically quite like ponzi. It is a very immoral thing to do.
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August 25, 2017, 01:00:59 PM
 #4

what do you think about pump and dump?  did you ever trade on pump and dump event? can you give few tips for how to make money from this events? what i need to look for?

I think I don't really care about this thing because I just hold all the time. There are times when the price go back and I didn't really budge about it because I know that it will be having another pump and it did just after two weeks, it is the doubled price. I think we just need to hold and hold, HODL, never stop, unless you need it for something.
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August 25, 2017, 01:05:41 PM
 #5

When you are talking about pump and dump, it's gambling, so only luck could help you)
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August 25, 2017, 01:09:30 PM
 #6

what do you think about pump and dump?  did you ever trade on pump and dump event? can you give few tips for how to make money from this events? what i need to look for?
Pumps and dumps are part of Bitcoin's Volatility, that there'll be times that its market value will be low and there'll also be times that it is high. You can earn profit during the dumps by buying Bitcoin to those who are panic selling and sell it during the pumps. This is a wise way of earning money, and somewhat to gamble whether you'll earn or not.
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August 25, 2017, 01:10:06 PM
 #7

Pump and dump events are made by people with serious cash.
You need to have enough money to pull such a show off.
The normal user can ride such a wave, the risky thing is that you have to know where it starts and where it ends.
If you can not define those points, you will be the one feeding the string-puller your money.

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August 25, 2017, 01:19:55 PM
 #8

what do you think about pump and dump? 
it is a filthy, unethical, and even illegal thing to do but it happens and there is nothing anyone can do about it except accept it and try to take advantage.

Quote
did you ever trade on pump and dump event?
anybody who has ever made any trade in altcoins have "traded on pump and dump".

Quote
can you give few tips for how to make money from this events? what i need to look for?
it is not an easy thing to say, the biggest indication is a sudden rise out of nowhere with a sharp price rise and a large volume. join in before or in the early leg of this rise an dump as fast as possible.
what you shouldn't do is joining one of those pump groups. they are complete scams that will rip you off and dump on you to make profit. you will lose money in the long run.

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August 25, 2017, 01:34:23 PM
 #9

I think, pump and dump means ,The rise and fall of the cryptocurrency market.Since I do not know completely, if someone knows, please say.
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August 25, 2017, 01:35:11 PM
 #10

what do you think about pump and dump?  did you ever trade on pump and dump event? can you give few tips for how to make money from this events? what i need to look for?

Base on the graphic in exchange you can see the pump and dump of bitcoins or any other crypto currency if you see that bitcoin go down then buy some and hold a few days or weeks then if you see that going up and you see that you already have enough profit then you sell again just repeat this steps again and again.
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August 25, 2017, 05:57:48 PM
 #11

what do you think about pump and dump?  did you ever trade on pump and dump event? can you give few tips for how to make money from this events? what i need to look for?

Alright..let me tell you what you're ACTUALLY looking for...you're looking for a SCAM...keep looking and you''ll walk right into it :-)
immutable principles,they're like the law of gravity ,they always work...
and so whatsoever you seek, you will surely find..
in most cases people that dream of quick riches and with no strategies or pre-bought coin .
The true scam behind Pump&Dumps is that the people that organize it always have a lot of pre-bought coin and get most of the profits .
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August 25, 2017, 06:37:14 PM
 #12

what do you think about pump and dump?  did you ever trade on pump and dump event? can you give few tips for how to make money from this events? what i need to look for?

These pumps and dumps are very common to cryptocurrencies. This is due to the fact that they are decentralized and the variable for their price is the demand and supply in the market. The act of trading based from the pumps and dumps, for me, is a very difficult task. You have to have knowledge about the analysis of price charts as well as some experiences so that you can speculate accurately. If you want to trade, you have to monitor the market very often and formulate some predictions based on the past patterns. You must also be aware of what's happening in the cryptocurrency world because news are crucial to the price change in a cryptocurrency such as Bitcoin

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August 25, 2017, 06:40:31 PM
 #13

what do you think about pump and dump?  did you ever trade on pump and dump event? can you give few tips for how to make money from this events? what i need to look for?

Newbies don't seem to understand that the pump-and-dump group thing is a scam. If you participate in a pump-and-dump group, you are the victim.

"Pump and dump" (P&D) is a form of microcap stock fraud that involves artificially inflating the price of an owned stock through false and misleading positive statements, in order to sell the cheaply purchased stock at a higher price. Once the operators of the scheme "dump" sell their overvalued shares, the price falls and investors lose their money.

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August 25, 2017, 07:05:51 PM
 #14

I think, pump and dump means ,The rise and fall of the cryptocurrency market.Since I do not know completely, if someone knows, please say.
I think pump and dump events they are form of group to plan what coins they are going to pump and dump. And you have much funds to ride with the train those trades they wanted to explode. It needs being an attentive traders, wise enough, decision making if dont have firm decision you will left behind and possible with loses of btc.

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August 25, 2017, 07:36:10 PM
 #15

I think, pump and dump means ,The rise and fall of the cryptocurrency market.Since I do not know completely, if someone knows, please say.
yeah the pump and the dump of the bitcoin means the rise and fall of the bitcoin as the price of the bitcoin is increasing very fast and the fame and the popularity of the bitcoin is growing as a lot of people are joining bitcoin and it is making the price of the bitcoin more high because when more people use bitcoin is takes the price of the bitcoin high but if the fame of the bitcoin will go down then it will bring a dump in the price of the bitcoin now! Bitcoin is going high so the price had a dump now. 

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August 25, 2017, 07:49:44 PM
 #16

Pump and dumps are the lowest point in attempting to make some money in the crypto world. Though it delivers a large profit, still it's not advised to partake into these events due to the nature of the trades. I have once joined a group about it and we're only 20 in the group. After the price jumped off over 133% within 20 minutes, I dumped everything I have and never joined a session again.

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August 25, 2017, 08:23:00 PM
 #17

Only thing I hate that I can’t control the whole event...LoL
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August 25, 2017, 08:28:28 PM
 #18

Only thing I hate that I can’t control the whole event...LoL

LOL! It would be amazing to know when to sell in a pump and dump and make so much money but realistically you can never know for sure. Tongue
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August 25, 2017, 08:29:11 PM
 #19

what do you think about pump and dump?  did you ever trade on pump and dump event? can you give few tips for how to make money from this events? what i need to look for?

I think pump and dumps are pretty common in the altcoins markets.
I tried to trade twice time ago, once I earned money while the other one I lose it.
In order to make money from this event, you have to be the admin of pump and dump groups and buy before the others.
Yes it's the people behind such pump and dump groups who actually make money and make big profits with all this pump and dump shit. Most of other people following their signals only lose their money so pump and dump is not something advisable.

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August 25, 2017, 08:30:41 PM
 #20

I think pump and dump is sad, really. Think about it someone just wants to manipulate everyone to buy into their scam and steal their hard-earned money!



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