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Author Topic: what do you think about pump and dump?  (Read 10001 times)
Lanatsa
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October 22, 2017, 10:59:10 PM
 #221

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 coins? Its common but would really hard to point out which one would able to to do such behavior because usually these kind of coins just surprisingly pump and dump and for those people who do have informations will surely make the profits because they can able to ride with the flow but come to think off that if theres profit takers there would be always a loser in exchange on that.

R


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no0dlepunk
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October 23, 2017, 03:35:21 AM
 #222

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?
Yes, I did... and it works fine with margin trading (double my profit). Anyway, you should do this at your own risk! If you got the balls to lose money in exchange with the chance to double it, then go ahead... however, if you are wimpy then I suggest you stay away from pump and dump.  Grin
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October 23, 2017, 04:38:18 AM
 #223

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'm also looking for such events. I have prepared some money waiting for it dump and I will buy it. Grin Grin Grin
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October 23, 2017, 06:46:27 AM
 #224

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 joined some pumps and dumps before wherein the admin of the group will set a time and date for the pump but then being a newbie, I am not aware that others are using bots to join pumps and dumps and usually there is a pre-pump just seconds before they announce the name of the coin so those who do not have a bot will usually buy at the top and then after you bought, you will see the price going down so you just sold the coin at a loss. I did profit from pumps and dumps before but I lose more so I have net loss instead of profit so I decided to just stop and then do my usual trading without the need of joining signals or pump and dump groups.

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October 24, 2017, 11:26:51 AM
 #225

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'm also looking for such events. I have prepared some money waiting for it dump and I will buy it. Grin Grin Grin
If you are talking about bitcoin then you are having a very good strategy of grabbing bitcoin. It is not possible for everyone to buy bitcoin at their current price. I am pretty sure that bitcoin is going to dump before the hard fork in November and that would be the best time of buying bitcoin. Keep an eagle eye on the price chart of bitcoin for not missing any single opportunity of buying bitcoin.

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October 24, 2017, 12:45:07 PM
 #226

Honestly everybody likes to see own coin rise and pump makes this in fast way. If is this good, or bad, I would say is part of crypto. I personaly like to see slow rise in value, backed with real dev progress made.

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October 24, 2017, 12:50:29 PM
 #227

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 coins? Its common but would really hard to point out which one would able to to do such behavior because usually these kind of coins just surprisingly pump and dump and for those people who do have informations will surely make the profits because they can able to ride with the flow but come to think off that if theres profit takers there would be always a loser in exchange on that.
The one who have more than 50% fund traded on the market guaranteed able to do that ,
So yeah it's impossible to know who do that pump and dump ,
Just follow their game if you can't join them ,
Don't fall into the same game , people usually look at some pattern but it's actually a trap.
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October 31, 2017, 11:02:34 AM
 #228


pump and dump I think is common in the world of Cryptocurrency and pump and dump is a good thing for traders we can buy a lot of coins at the time of dump and can sell with high oppit at the time of pump

I think this is not only in crypto world. Banks and their investing departments manipulate with prices of all assets, they just do it  inconspicuously
This concept of pump and dump is really a great idea and it is not only limited to the world of crypto currencies but it happens everywhere. I think of this pump and dump as the best thing because of the reason that it is the only thing which is going to help you in making good amount of money. The only thing you need to take care at that time is that you need to make right decision at the right time.

This concept is probably here for a long time. As it was always for those, who have information are these actions perfect and allow to them make a profit. On the other hand this is just a zero game, so on the other side has to be people who loosing money.
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October 31, 2017, 11:06:47 AM
 #229

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?
Well that was commonly experience by all traders the so called "Winning and losing" pump and dump, you can win and you can also lose that is the well experience of all traders especially thise who is already trade long time ago with the crypto currencies, they lose big time and they also win big time.
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October 31, 2017, 11:11:23 AM
 #230

Don't chase the pump, some traders look for coins that are currently being pumped and when they have enough coins in stock and plan to sell, price starts to drop (dump), and you are left with a coin that you bought at high price. If someone tells you to invest in this or that coin on this day, that's already a clue for you not to buy the coin and look the way.
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October 31, 2017, 11:59:40 AM
 #231


pump and dump I think is common in the world of Cryptocurrency and pump and dump is a good thing for traders we can buy a lot of coins at the time of dump and can sell with high oppit at the time of pump

Nothing to do with it. I think  pump and dump are normal processes within the Bitcoin volatility and there is nothing you can do about that but to accept that fact and adjust your strategy to it. Despite some opinions there is no way to predict the pump or dump so you just can watch the market and react when it changes. You just have to go with your gut feeling and i think the best way is that just leave the lost and go forward.
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October 31, 2017, 12:04:40 PM
 #232

It is ideal to buy coins during dump because coins is super cheap during that period. Then hold till the price pump surely you will gain in this strategy.
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October 31, 2017, 12:35:09 PM
 #233

Pump and dump event is unavoidable event in crypto market! Pump and dump may not be all bad because it provide and liquidity and it could also last for a while if what is driving the pump is actual product, services or real development. Knowing when to get in out of pump and dump is the best strategy anyone can master!

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October 31, 2017, 04:54:31 PM
 #234


pump and dump I think is common in the world of Cryptocurrency and pump and dump is a good thing for traders we can buy a lot of coins at the time of dump and can sell with high oppit at the time of pump

Nothing to do with it. I think  pump and dump are normal processes within the Bitcoin volatility and there is nothing you can do about that but to accept that fact and adjust your strategy to it. Despite some opinions there is no way to predict the pump or dump so you just can watch the market and react when it changes. You just have to go with your gut feeling and i think the best way is that just leave the lost and go forward.
There is one way. If you buy all altcoins and set TPs. Maybe it sounds crazy, but don't forget that there is a lot of coins that are pumping sooner or later Smiley
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October 31, 2017, 06:38:11 PM
Last edit: October 31, 2017, 06:53:30 PM by odolvlobo
 #235

I apologize for repeating myself, but it is clear that many people don't understand what "pump and dump" means. I am concerned that they don't know it is a scam and they are likely to fall for it.

"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. ...

While fraudsters in the past relied on cold calls, the Internet now offers a cheaper and easier way of reaching large numbers of potential investors through spam email, bad data, memes, and fake news.

A pump group is a pump-and-dump scam.
An alert service or channel is a pump-and-dump scam.
Don't be a victim.

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October 31, 2017, 07:00:54 PM
 #236

I apologize for repeating myself, but it is clear that many people don't understand what "pump and dump" means. I am concerned that, because they don't know it is a scam, they are more likely to fall for it.

A pump group is a pump-and-dump scam. An alert service or channel is a pump-and-dump scam. Don't be a 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. ...

While fraudsters in the past relied on cold calls, the Internet now offers a cheaper and easier way of reaching large numbers of potential investors through spam email, bad data, memes, and fake news.
I completely agree with you on this situation, but I think that every user should be attentive to the information that is viewed and read. The most important thing is not to be led on such provocations. And with the fact that scammers affect the price fluctuation, it is the consequences of panic in the market.
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November 01, 2017, 05:23:53 AM
 #237


pump and dump I think is common in the world of Cryptocurrency and pump and dump is a good thing for traders we can buy a lot of coins at the time of dump and can sell with high oppit at the time of pump

Nothing to do with it. I think  pump and dump are normal processes within the Bitcoin volatility and there is nothing you can do about that but to accept that fact and adjust your strategy to it. Despite some opinions there is no way to predict the pump or dump so you just can watch the market and react when it changes. You just have to go with your gut feeling and i think the best way is that just leave the lost and go forward.
There is one way. If you buy all altcoins and set TPs. Maybe it sounds crazy, but don't forget that there is a lot of coins that are pumping sooner or later Smiley
Never! the price of altcoins never increase like your target.
If the market can easily make money like your said, this market do not have many losers and some people went bankrupt every day.
Black_bl
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November 01, 2017, 01:59:35 PM
 #238


pump and dump I think is common in the world of Cryptocurrency and pump and dump is a good thing for traders we can buy a lot of coins at the time of dump and can sell with high oppit at the time of pump

Nothing to do with it. I think  pump and dump are normal processes within the Bitcoin volatility and there is nothing you can do about that but to accept that fact and adjust your strategy to it. Despite some opinions there is no way to predict the pump or dump so you just can watch the market and react when it changes. You just have to go with your gut feeling and i think the best way is that just leave the lost and go forward.
There is one way. If you buy all altcoins and set TPs. Maybe it sounds crazy, but don't forget that there is a lot of coins that are pumping sooner or later Smiley
Never! the price of altcoins never increase like your target.
If the market can easily make money like your said, this market do not have many losers and some people went bankrupt every day.

You forgot that 99.99% traders can't afford buy all these positions in the market
swscowods
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November 02, 2017, 10:10:53 AM
 #239

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?
Well that was commonly experience by all traders the so called "Winning and losing" pump and dump, you can win and you can also lose that is the well experience of all traders especially thise who is already trade long time ago with the crypto currencies, they lose big time and they also win big time.
I think of pump and dump as the beauty of bitcoin. It is a very unique kind of concept and all your earnings entirely base on this thing. Market price of bitcoin will keep on fluctuating and it will either increase or decrease.

You just need to prepare yourself for any kind of situation in a way that you will be able to make the maximum advantage of the situation through which you are going through.
vegethegreat
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November 02, 2017, 02:04:50 PM
 #240

Pumps and dumps is a common thing in trading. You should be ready to face this situation as this will test your emotion how you would react in a critical situation like when you see the value of your coins is falling.
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