Anayo
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December 12, 2017, 07:32:57 PM |
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Pump and dump is part of crypto trading, every coins including bitcoin pump and dump. To avoid this, buy when it is low and sell when high. Flow with the tide.
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The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
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Lanatsa
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December 12, 2017, 07:54:27 PM |
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This is an art of trade. Those who have a lot of money will play around the price to outwit other traders so they can benefit from greedy people, they will panic and of course give big profits. Another time some of the others are waiting for the price to go up again, that's the crypto trade.
This is always been the reality on where Whales would really be always have the advantage on manipulating prices or do dictate on what would be the movement of a certain coin.They do really took advantage on those greedy traders which do usually fall out for their trap and do make money with it and talking about those pump and dump groups i dont really trust at all because you are just being lure in to invest or buy a coin which you do believe that it is on dump state but actually it is already being pumped up by them and if they do reach out a certain range then they do easily dumped it and took easy money. |
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The Last Choice
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December 12, 2017, 07:57:57 PM |
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The problem it's not about pump and dump, it's about it's fake pump/dump or not. The price will go higher maybe "The Coins" have next incoming project, and people are going to buy that coin for more income, and maybe the volume it's make it real or not i got this from my friend so i don't know this is the real or not  |
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levancov
Member
Offline
Activity: 124
Merit: 26
Money will be useful if you know where to put it
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December 13, 2017, 07:29:29 AM |
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Hi. How can you recognize pumps and dumps for any coin? Is there any universal indicators? I mean to predict it. Maybe there are some non-market signs (banners, posts, etc.)
Should I avoid pumps and dumps or try to earn some money?
It would be interesting to know your opinion, guys! Thanks
Pumps and dumps make a profit if you do it yourself, it is possible to accidentally earn on Pump to buy coins below for the price and wait |
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ariyaromadhona96
Member
Offline
Activity: 98
Merit: 16
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December 13, 2017, 07:43:57 AM |
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Hi. How can you recognize pumps and dumps for any coin? Is there any universal indicators? I mean to predict it. Maybe there are some non-market signs (banners, posts, etc.)
Should I avoid pumps and dumps or try to earn some money?
It would be interesting to know your opinion, guys! Thanks
you can see the news and the chart although its almost impossible to said that its would be any pump or dump but when you see the chart it goes upnormal than usual day and you can use ichimoku cloud indicator in that chart it the price close enough to the cloud better considering to sell when pump happens |
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Theb
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December 13, 2017, 07:52:51 AM |
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This is an art of trade. Those who have a lot of money will play around the price to outwit other traders so they can benefit from greedy people, they will panic and of course give big profits. Another time some of the others are waiting for the price to go up again, that's the crypto trade.
This is always been the reality on where Whales would really be always have the advantage on manipulating prices or do dictate on what would be the movement of a certain coin.They do really took advantage on those greedy traders which do usually fall out for their trap and do make money with it and talking about those pump and dump groups i dont really trust at all because you are just being lure in to invest or buy a coin which you do believe that it is on dump state but actually it is already being pumped up by them and if they do reach out a certain range then they do easily dumped it and took easy money. You cannot really create a pump and dump without whales as they are the first movers of the event. We the regular traders only acts as support or helpers of the move. Generally you can see if it is a pump and dump if the developers of the coin are really not updating you with something or does not have any big plans for it, they are also the ones who would sell first as it is their way to make profit and abandon the ship. My advice for you is never to be involved in such kinds of altcoins as you never know when they would start selling. |
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superex
Newbie
Offline
Activity: 21
Merit: 0
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December 13, 2017, 08:00:32 AM |
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its very hard to know...sometimes u just have to watch the trend both tecnical and funamental analysis also join pump and dump groups
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bear100 (OP)
Newbie
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Activity: 56
Merit: 0
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December 13, 2017, 08:18:12 AM |
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its very hard to know...sometimes u just have to watch the trend both tecnical and funamental analysis also join pump and dump groups
As I know, the majority of pump/dump groups are fraud. They give you info right before the action, and the price go high for several seconds. You place buy order, and you find you out, that you bought the coin on a peak. And after that - yes - DUMP! So, the only users, who win from the pump and dump - group owners. There are many videos on youtube concerning this topic. |
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yamortsac
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December 13, 2017, 08:24:16 AM |
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It is hard to tell when the bitcoin price will dump or pump since it depend on the number of people who buys or sells bitcoin. But for me, I think pump and dump of bitcoin price are can be considered both favorable to bitcoin users because when the price is dump, it is an opportunity for us to buy more bitcoin to increase our income and while the price is pump, it is the time for us to sell our bitcoin to earn profit.
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steveabrahams
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December 13, 2017, 08:28:22 AM |
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Hi. How can you recognize pumps and dumps for any coin? Is there any universal indicators? I mean to predict it. Maybe there are some non-market signs (banners, posts, etc.)
Should I avoid pumps and dumps or try to earn some money?
It would be interesting to know your opinion, guys! Thanks
To recognize pumps and dumps you should online and always check the market everytime. I know some altcoins that always have pumps and dumps daily and when it happens just get ready to follow their pumps and dumps, be smart and get profit from it. Well you can avoid it for just playing safe but you can follow them to get some profits. |
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AK47-
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December 13, 2017, 08:46:53 AM |
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Hi. How can you recognize pumps and dumps for any coin? Is there any universal indicators? I mean to predict it. Maybe there are some non-market signs (banners, posts, etc.)
Should I avoid pumps and dumps or try to earn some money?
It would be interesting to know your opinion, guys! Thanks
Any coin that appreciates without any reason always indicates towards a pump. Usually a pump and dump happens in coin with no potential or relatively less marketcap like medium or low cap coins. There are of course, some exceptions like a recent BCH pump. But these kinds of pumps are not frequent. Regarding profit earning through pumps would be a bad idea. Because usually the pump and dump initiator exits with profit leaving the later investors in loss. So, it is better to stay away from pump and dump. Invest in potential! |
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Protected101
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December 13, 2017, 08:49:20 AM |
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We cannot avoid pump and dump in bitcoin but if you want to play safe try others features of bitcoin to make your money secured.We cannot predict as long there are investors who sell their bitcoins and it was affected by the price value of it.
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ajiejot
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December 13, 2017, 08:57:59 AM |
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Hi. How can you recognize pumps and dumps for any coin? Is there any universal indicators? I mean to predict it. Maybe there are some non-market signs (banners, posts, etc.)
Should I avoid pumps and dumps or try to earn some money?
It would be interesting to know your opinion, guys! Thanks
You can see it in charts or in those candle sticks. You can learn reading charts or different candle sticks. Also some people's strategies are using different patterns. I saw some people using that, then they can predict the next move of particular coin. |
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Lyancy001
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December 13, 2017, 09:12:07 AM |
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Hi. How can you recognize pumps and dumps for any coin? Is there any universal indicators? I mean to predict it. Maybe there are some non-market signs (banners, posts, etc.)
Should I avoid pumps and dumps or try to earn some money?
It would be interesting to know your opinion, guys! Thanks
I usually look at RSI, STOCASTIC and every news that may come to that particular COIN. |
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herurist
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December 13, 2017, 09:12:31 AM |
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Hi. How can you recognize pumps and dumps for any coin? Is there any universal indicators? I mean to predict it. Maybe there are some non-market signs (banners, posts, etc.)
Should I avoid pumps and dumps or try to earn some money?
It would be interesting to know your opinion, guys! Thanks
Buy when dump and sell when pump, just like that. Universal indicator is our experience, that's the best guide we have. We can have experience only with practice with our money on the real market. You can use any way to analyze market but how you accept the result and fix the problem is very valuable. Most people will use technical indicator to find dump/ pump area and news for speculations. Have a nice day. |
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Ontixo09
Member
Offline
Activity: 68
Merit: 10
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December 13, 2017, 10:40:16 AM |
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With normal traders with less time checking charts, volumn, buying wall, selling wall, we can not know when bump dump happen. With truely holders, then we can ignore bump dump because after this happen the price will back to stable and we can still get profit for holding coins.
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Choii
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December 13, 2017, 10:52:27 AM |
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Pump and dump is part of crypto trading, every coins including bitcoin pump and dump. To avoid this, buy when it is low and sell when high. Flow with the tide.
Yes your right, the pump and dump is normal even in other investment like stock, they have also pump and dump. Anyways, to make profit from that situation i think is better to buy low ( like you said ) and hold, and decide to sell when you gain a more profit for what the coin or altcoin you buy. |
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MattLeBlanc
Member
Offline
Activity: 364
Merit: 37
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December 13, 2017, 11:15:12 AM |
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I'm still a newbie here but I felt like all the coins on etherdelta are pump and dump coins. I know that it's not true but as the volume is so low on Delta, people are not able to buy or sell at the rates they want to. I'll definitely stay away from it until I learn the basics.
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sana9826
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December 13, 2017, 01:04:33 PM |
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you can know any coin will be pumped and dumped by keep looking at the market everytime, lsee the price change and volume in market.
when the price pump, you can get some profit by make buy order fastly and sell it fastly when get 10% profit, if the coin keep pump the price, you can repeatedly do that.
when the price dump, it's really hard to make profit, the tendency of some coins that being dumped is always keep dump, so wait till the dump ends and start to buy it and sell then when its price get higher.
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the rise
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December 13, 2017, 01:12:11 PM |
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you can know any coin will be pumped and dumped by keep looking at the market everytime, lsee the price change and volume in market.
when the price pump, you can get some profit by make buy order fastly and sell it fastly when get 10% profit, if the coin keep pump the price, you can repeatedly do that.
when the price dump, it's really hard to make profit, the tendency of some coins that being dumped is always keep dump, so wait till the dump ends and start to buy it and sell then when its price get higher.
If I get stuck and tired of playing in the short term as you explain, I start planning the opposite and just by looking at developer and community trends, it's very effective to see long term benefits. Trade is not just about pump and dump, because art is actually a complex analysis to determine the final attitude, the gain will always be greater than loss. |
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