what do you think about pump and dump?

[Similificator]

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 hate it. I don't even like the sound of it. I don't know though if i ever traded on a pump and dump. I surely hope not. Because i really don't join such groups that do those things. because again, I don't like it and have a lot of friends who also hate it. Sad thing is, even when people know it isn't right, they still do it. And i suggest you don't do it also. But still that's your choice, but be sure you are not the one being taken advantage on.

[1714770172]

1714770172

[yanto@1977]

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?

Pump = sell and dump = buy. The point is we must know the right coin and when to execute, sound easy but not like that anyway. Analyze carefully, use your knowledge and see the chart. Use long time period and also money management to know where to replace stop loss. Last thing is, never see another opinion person/ group. Just do it and face the risk. Thank you.

[Dudeperfect]

I had a bad experience when I tried to go with pump & dump scheme. I usually don't recommend anyone to participate in pump and dump groups, it's not illegal but it's unethical in my opinion. I have lost my entire capital multiple times in my initial days of trading when I used to invest based on the others opinion, most of them turned out to be a pump and dump early adopters attracting other traders to invest in the coin in which they have invested initially.

[rivoke]

I had a bad experience when I tried to go with pump & dump scheme. I usually don't recommend anyone to participate in pump and dump groups, it's not illegal but it's unethical in my opinion. I have lost my entire capital multiple times in my initial days of trading when I used to invest based on the others opinion, most of them turned out to be a pump and dump early adopters attracting other traders to invest in the coin in which they have invested initially.

I think most pump and dump only control by whale trader especially for who own the most richest bitcoin address so it's will difficult for us who own bitcoin less than BTC 1 especially when bitcoin getting valuable than ever.
But still supply and demand still the main factor who affect pump and dump for bitcoin value

[CrypticGambit]

There are pump and dump groups and I don't recommend them. The only people that benefit from them are the group owners. These are the real pump and dumps. They last about a minute and it usually takes place on bittrex. They just pick a random coin and tell people to buy which is sad.

[Proximity Scan]

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?

It's how big players make money here. They get the things when it's cheap, they pump it and then they sell at high price, and then price dies, they collect them back. It's a cycle. I saw it for adex tokens, while I attempted to trade on bittrex. It was very fast.

[amaral1977]

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?

In alt coin markets most pumps and dumps are orchestrated. So there is an individual or group that as enough money to make the market move. As an outsider you should be very careful because you will mostly left with a bag of coins that you you will be buying to high and wont be able to sell before the value is too low.

[ProoLogic]

Of course, only very wealthy group may pump-and-dump  BTC, as well as any currency in the world...20 years ago George Soros done it with
British Pound and in few dayes gained several billions:))

Time by time it happens with BTC too, all this peaks and falls ,like last night trade results, good evidence of such "group speculations"...TOP 100 BTC wallets keep millions of BTC and it's very easy to manipulate in the range of 300-500$/BTC ...

It can be regulated via exchanges self-regulations, when demand is increasing in minutes and hours, they must act as market regulators, rejecting
"demand tsunamy" by default...

  

[Cosbycoin]

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?

pump and dump is a natural thing in the world of crypto trading. to pump and dump must have a very large capital. I've done it in altcoin, because the amount of capital is not great then I choose the altcoin that is still emerging. after doing it I finally get the benefit. but I confirm that this is very risky because you have to trust 100% against altcoin you buy. because if you can not make the right decisions you may lose 50% more.

That’s the reality indeed. To be the cause of pump or dump is full of risks and even being among those few who control pumps and dumps is not an easy task. You may lose all you have here. That’s a smart thing if you tried all this with altcoins because bitcoins are much powerful and doing such experiment with them will be definitely a failure.

[alva5763]

Pump and dump temporarily alters the price of altcoins fot the advantage of a knowledged few who are members of a group. Innocents reading on chatboxes tend to jump in helping to raise the price then are left with a loss when the dump comes. It does not help the altcoin market.

[katiecbell]

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!

It is very risky while it was pumping because it is syndication soon it will dump. SO we have to be very careful when any coin is pumping.
Even I tried many times but could not able to make any money with those pumps and dumps. At least we are going to lose the money.

I must say that this is what the beauty of Bitcoin is. You never know when the process are going to rise or when will they start dropping off. You just need to be smart enough to make the maximum out of it. Reason being just like you, most of us do not know exactly what to do at the time of pumping and dumping.

[kitecoinx]

Best coin for day traders, pumpers, short term investors, long term investors and potential investors.


Currently the best coin to invest in for huge profit  is Bitmxittz BMXT which is listed on https://coinsmarkets.com/trade-BTC-BMXT.htm only exchange and added for vote at https://tradesatoshi.com/Vote, https://c-cex.com/?id=vote and https://www.coingather.com/vote/.

This coin is scrypt based PoW/PoS 0% algo., max. supply 10000 coins only, dev has distributed 95% coins free via airdrop, coin is backed by project called Bitmxittz (Bitcoin Market Xper's Interactive Trade & Track Zonoid), Free coins from premine of next coin project developed by same developers to all Bitmxittz holders. This is long term project with very good concept. Since no much promo by developers this project is not well-known in cryptoworld.

The best part of BMXT is total supply is limited to 10000 coins, only listed on CoinsMarkets currently which is new exchange with very low volume so this coin is under valued, it's playing around 50k sats to 500k sats, There are only 78 in total coins for sale at that exchange. CoinsMarkets handles 9 decimal places for all coins instead of 8 and site is newly launched and not much popular, so volume is low and no much users.

This is a perfect coin for day traders, pumpers, short-term investors and long term potential investors as well. With small money like 0.1btc one can pump this coin price from 100k sats to 0.1BTC price at coinsmarkets exchange. BMXT is listed on over 100 coin databases but not on CMC because it's not listed on exchange with real-time trade API yet. Bitmxittz project dev is quite promising and project looks good. BMXT has project website, active nodes, working desktop/web wallets, real-time block explorer and good innovative concept. Within a year time this coin price is likely to hit 0.2btc to 0.5btc per coin. There are many small traders at CoinsMarkets making good with this coin currently, since no whales on that exchange, small traders having fun making good bucks. 10000 total supply and price 100k sats means no worry of dump, once listed on a big exchange or more price will be very high. Grab at least 1 or more coin and hold for 1 year to get big profit.

More details about Bitmxittz BMXT as following:

BTT             :    https://bitcointalk.org/index.php?topic=1995047

Twitter        :    https://twitter.com/Bitmxittz

Reddit         :    https://www.reddit.com/user/Bitmxittz/

                       https://www.reddit.com/r/altcoin/comments/6y3vkl/new_altcoin_insight/

Facebook     :   https://www.facebook.com/Bitmxittz-BMXT-515544298782042/

Websites      :   http://bitmxittz.coininfo.review/

Explorers     :   http://bitmxittz.coininfo.review/#Explorer2

Exchanges   :   https://coinsmarkets.com/trade-BTC-BMXT.htm

[odolvlobo]

Best coin for day traders, pumpers, short term investors, long term investors and potential investors.

Currently the best coin to invest in for huge profit  is Bitmxittz BMXT ...

Thank you for that perfect example of a classic "pump-and-dump".

[hellen xaveria]

which is needed here is the speed and accuracy in determining the choice, which I used to often experience is the name of the coin that will be made in the target we should be ready to press the buy button and immediately put in our sell order usually this takes place very quickly not less than 5 minutes the price will fall back, so who will be the sooner he will get another profit nunggu until there is a new buyer lagidan it also will not be up to the top prices like yuang in the beginning
 

[uslfd]

Well to be honest, although some people here object to the idea of trying to play the pump and dump game beacuse of various reasons. I still think this is a good skill to have. Reason is, sometimes you don't really know if a coin is a 100% scam or not. Also, any legit / real coins can also exhibit pump and dump qualities. Any legit project might also face the risk of operational failure and see the ultimate "dump".

All in all, in the pump and dump game, you'll have to follow very closely all the news regarding the coin. Try to understand the market dynamics and the price patterns. Watch price patterns closely so that you'll be able to identify whether the powerful movements are bullish or bearish.

[bitgolden]

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!

It is very risky while it was pumping because it is syndication soon it will dump. SO we have to be very careful when any coin is pumping.
Even I tried many times but could not able to make any money with those pumps and dumps. At least we are going to lose the money.

I must say that this is what the beauty of Bitcoin is. You never know when the process are going to rise or when will they start dropping off. You just need to be smart enough to make the maximum out of it. Reason being just like you, most of us do not know exactly what to do at the time of pumping and dumping.

Pumping and dumping game is my favorite one. This is what I like most about the crypto market. Nothing is stable and not forever, besides these pumping and dumping phases keeps circulating coins among the investor providing everyone equal opportunities of becoming rich.

[sksaddam]

Pump & dump are two part of trading.It means

#DUMP = To Sell off a coin
#DUMPING = Downward price movement
#PUMP = Upward price movement

[DevilSlayer]

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?

Pump and dump are really normal in the trading world. I always buy many coins if the price is dump and I always selling it if the price is goes up. You can make many money if you do my strategy.

[richcorner100]

I have joined for trading in pump dump group 3 times, And I got profit from 1 times open potition only then other 2 open potition i got loss. Usually pump dump will happen only a few minute so this is very risky trading. I recommended to stay away from it.

[audaciousbeing]

I had a bad experience when I tried to go with pump & dump scheme. I usually don't recommend anyone to participate in pump and dump groups, it's not illegal but it's unethical in my opinion. I have lost my entire capital multiple times in my initial days of trading when I used to invest based on the others opinion, most of them turned out to be a pump and dump early adopters attracting other traders to invest in the coin in which they have invested initially.

This is always the outcome of the pump and dump groups as it the newbies thats always at the receiving end and since its going to be a faceless group, there is no way to hold anyone responsible and funny enough is that these groups will then start asking for membership fees and even fake testimonies to convince their gullible followers. I see it as a direct manipulation of the process and insult to the intelligence of those who took painstaking effort in other to study the market, the coin and even historical analysis to arrive at a decision.