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Author Topic: Strong growth of some unknown coins  (Read 508 times)
lucky_girl (OP)
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October 13, 2017, 12:27:18 PM
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I am looking Crypto market cap and there are some coins which has really big growth. MonaCoin +88%, Dentacoin +33%, Rubycoin +57%, Primas +35%.

How can predict this kind of growth? Are this coins only for short term or daily trading? How they can achieve such growth?
Febo
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October 13, 2017, 03:15:01 PM
 #2

I am looking Crypto market cap and there are some coins which has really big growth. MonaCoin +88%, Dentacoin +33%, Rubycoin +57%, Primas +35%.

How can predict this kind of growth? Are this coins only for short term or daily trading? How they can achieve such growth?

probably they have low volume and you can manipulate them with few BTC. That also means that you cant dump lots of money since no one will buy. With such small coins you can earn if on time small quantities of money.  You buy when they are cheap and when someone start pumping them you dump on them.   Since could take a year holding this coins can happen that because of some reason they totally lose value, like getting desisted from an exchange. or something similar. And as I said this is for low money trading.
Poink
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October 13, 2017, 03:17:38 PM
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Careful, the lower volume (below $1 Million) are likely pump and dump.

That said, many upcoming coins start that way so it is a good way to spot likely future good coins...just don't jump in blindly and do your research based on your "short" list.  That is what I do.
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October 13, 2017, 03:27:31 PM
 #4

Yeah. Even in terms of volume, I log into Bittrex and see some very unfamiliar names as Bittrex shows the highest volume coins to me when I login on my landing page and it really makes me wonder. Naturally, everyone here will say that this is just the pumping work of groups and whales. And I suppose they are right. But sometimes I see it happening for days and think, hey even if I entered on day 2 I could have made profit! But it's all a trap, isn't it?

Are these whales all the same people? I am afraid I already know the answer!

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Chan8
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October 13, 2017, 03:40:26 PM
 #5

Yes what everyone above said.. these low valume  coins can be easily manipulated and can be considered pump and dump coins.
You can never go wrong with buying and holding higher volume coins. Would definitely be a safer investment.
Stick with the top traded coins, and also higher trade volumes and your good for long term.
I got fked over buying pump n dump coins.. lesson learned. Now i am  bit wiser.  Smiley
KourtneyK
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October 13, 2017, 03:44:17 PM
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Maybe the whales are just playing tricks on our minds and pumped up coins that are unknown to some traders. If you look at these coins, most of them have low volumes so obviously it is easy to just manipulate them and easy to pump and dump those coins.
burdeN
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October 13, 2017, 03:55:28 PM
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I saw about 500% growth of some unknown coin couple days ago on bittrex. I assume it happened because of some pump group and a lot of FOMOs, because they don't have any food now due to red market Grin
VanDerWaals
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October 13, 2017, 05:43:57 PM
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If coin has a low marketcap it can easily grow. Price can increase very fast, but mostly it decreases very fast too. It is just pump and dump.
Mister1k
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October 14, 2017, 12:41:43 AM
 #9

Yeah. Even in terms of volume, I log into Bittrex and see some very unfamiliar names as Bittrex shows the highest volume coins to me when I login on my landing page and it really makes me wonder. Naturally, everyone here will say that this is just the pumping work of groups and whales. And I suppose they are right. But sometimes I see it happening for days and think, hey even if I entered on day 2 I could have made profit! But it's all a trap, isn't it?

Are these whales all the same people? I am afraid I already know the answer!
Many of the coins are strong growth, But top most unknown coin is Zcash. This coin is long term growth. It will create a strong growth in future. Cryptocurrency are increase only demand of the coin. Unknown coin profit are very less , so traders are not like buy unknown coins. In future it can changed. 
keziakusayang
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October 14, 2017, 03:16:29 AM
 #10

You will see the very stronge growth of boscoin and exscudo. Try to search it. The development and marketing going really profesional and good. Boscoin at tokennet launch will be at least 50x and when the main net launch it will 100x - 200x. And exscudo also will worth atleast 90x at launch. Q1 2018 is my time to becamo rich..
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October 14, 2017, 04:46:53 AM
 #11

I think what he is looking for is a potential pump and dump coin, but you need to becareful here unless you have been accumulating this coins for some time
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October 14, 2017, 04:49:51 AM
 #12

Maybe the whales are just playing tricks on our minds and pumped up coins that are unknown to some traders. If you look at these coins, most of them have low volumes so obviously it is easy to just manipulate them and easy to pump and dump those coins.

If it suddenly growing coin means then the it is just the pump and dump coin because suddenly 500% is really very high. While investing into those coins is completely risky to us.

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