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Author Topic: Pump and Dump. How to make a profit?  (Read 4217 times)
bear100 (OP)
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December 06, 2017, 10:22:04 AM
 #1

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
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December 06, 2017, 12:47:50 PM
 #2

pump and dump it is very difficult, if you have any information when it will be or familiar with the people who are satisfied, then you can easily profit! It is often possible to profit with ICO. For this you can use the service ALGORY when they host their ico or yourself to participate! They will do analysis of the ICO , their prospect! And you can profit x2 x3 x10

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December 06, 2017, 01:27:56 PM
 #3

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

Bitcoin price increase and decrease is really a issue to every bitcoiner, but bitcoin volatility especially when the value of bitcoin now is pumping it is a favor to all traders and bitcoin savers. Every one have a chance to multiply our coins into a big value which makes people to be depend on bitcoin. Bitcoin dump is unfavor to the bitcoiners don't have the ability to save because of lacking money who only hope to their salary. for their needs. But bitcoin volatility is bitcoin will get into popularity to all the world.
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December 06, 2017, 01:32:56 PM
 #4

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 cant verify wether its dump or pump if youre starting here but if you did your research or you have joined it long time or some not long but enough to understand the growing value you might distinguish it easily.Take a look at the rates and value about one month ago and youll see the value's so high lately now then if youre trying to invest some money you have you might invest now if its still rising cause it is still growing popular. Users have a great impact on bitcoin just so you know.
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December 06, 2017, 01:37:29 PM
Merited by Webberson (1)
 #5

it is pretty difficult and sometimes even impossible to predict. and joining the pumps is also a risky move too. but you know with big risks comes great rewards.

the trick is figuring when a coin is getting pumped. sometimes it starts with some sort of news. this an be quite weird and seemingly unrelated news such as the developers releasing a wallet for mobile! and sometimes it can be a predictable news like being listed on a big exchange, specially poloniex. that one will get pumped without a doubt.

then it comes to timing. to get in before the pump is over and buy as much as you can afford to lose and then getting out right before the pump ends or before the dump happens to be precise. that way you maximize your profit.

Holding Bitcoin More Every Day
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December 06, 2017, 01:59:55 PM
 #6

there're no universal indicator or something like that to tell us it's pump or dump scheme
we will never can avoid that kind of scheme because it's part of this game,
just look at Bitcoin right now,we can see the fact that Bitcoin get pumped and dumped multiple times before,
so all that we need to do is find a clue and follow the flow,
piece of advices if you want to start it :

1.Try to avoid a low cap coin because it will only lead you a huge losses,
what does that mean ? when you get caught,you will never can recover it.

2.If you get caught by it but you're using a top cryptocurreny all that you need to do is holding it,
no matter how far it goes it will recover its price in the future because human greed.
it's a cycle,as long as it survive in the future it will get pumped.

remember,always follow the flow and never fight against it.
because it will only bring you more losses other than profits.

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December 06, 2017, 02:04:06 PM
 #7

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 are very unpredictable, this is like a very impossible thing to predict. All you can do is see continuously information about the coin you have, in that way then you can see what steps will be done by the developer. besides that you have to take a decision rightly and quickly to be able to take advantage momentum.
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December 06, 2017, 02:10:36 PM
 #8

buy as much as you can afford to lose

I think this is the most important point to take away from this forum.
star19
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December 06, 2017, 02:12:58 PM
 #9

It is a best one thinking to when we make a profit but it is a very massive question to make some passive income with online,  if you buy coin and must sell when it's price is dwon otherwise you can't maka a any profit with your money.
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December 06, 2017, 07:27:51 PM
 #10

Stay away from pump and dumps as much as you can. Though it brings up immense profit when you time it correctly, you'll never learn how to trade properly since you'll just be relying on fast profits and would be impatient when the time that real trading comes into play in your profit-making schemes, Also, there are no general indicators how to spot a building pump and dump. Usually it is just announced over several channels and the FOMO just starts to kick in after some kind of spike in the price.

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martin.k
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December 06, 2017, 07:34:23 PM
 #11

It is super tricky.
If you want to go that way, a complete understanding of technical analysis plus good understanding of market is needed.
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December 06, 2017, 07:44:34 PM
 #12

It's quite hard to predict such pumps and dumps. Try to follow crypto news and especially dev team and famous investors tweets. That's exactly the real price manipulator.
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December 06, 2017, 07:47:02 PM
 #13

The key to earn profit in Trading is make the right decision to buy when they're dump and sell when they're pump. Don't be greedy stop when you have profits.
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December 06, 2017, 09:15:29 PM
 #14

Go to coinmarketcap and click on MinexCoin, this will give you the right and precise answer.

Hi. How can you recognize pumps and dumps for any coin? Is there any universal indicators? I mean to predict it

From $5 to $60 in just a few days, now it has dropped to $23.

Maybe those who bought at $ 5 are the lucky ones, but what about that people who bought at $50 - $60?

This is clearly one of the most visible proofs of a Pump and dump group, they just pumped it hard and they have retired from the market with more than x6 or x7 of their initial investment.

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December 06, 2017, 09:36:55 PM
 #15

It's quite hard to predict such pumps and dumps. Try to follow crypto news and especially dev team and famous investors tweets. That's exactly the real price manipulator.
That is not such an easy job to predict about the pump and dump in bitcoin, but we can always expect such pump and dump in the price of bitcoin. For making profit pump an jump one must have good  experience in trading and specially in short tern trading, one must be more active having good study about the market, must get important information about bitcoin or any other altcoin where he is interested and having invested their money. One must also have good decision power and can take a right decision in a right time, only then he can really get benefit and profit from pump and dump. I think bitcoin trading should be take as a serious job.
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December 06, 2017, 10:24:46 PM
 #16

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

Simply, just avoid pump & dump groups, indicators, whatever you are thinking off.
Suggesting for your own good. Most of the time you will end up with holding bags of shit coins.
Normally P&D groups buys a coin in advance and then gives signal to all the victims to buy and at that point they dumps hard.
Maybe some lucky ones are able to exit with profit, but over 90% of the rest participants ends up with holding shit coins. Maybe for lifetime.

Once I tried with only one signal from a group from telegram. But when I looked at the candlestick, I was just shocked, it was prepumped a lot, I mean a lot.
Then I just simply moved back and decided not to participate in any of the pumps & dumps group.

You can find lots of P&D channels in telegram.
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December 06, 2017, 10:52:34 PM
 #17

There's no indicators that a certain altcoin is gonna pump and dump. Pump and dump are fooling others by attracting them by artificially pump an altcoin. They are just manipulating the growth of an altcoin. The only thing i know is when a shitcoin pump big time and no big news announced. That could be manipulated by the whales. Anyway, it's very risky since you don't know when they are going to dump. And when it dumps. Just seconds most of the volume will be drained because the whales have huge amount of supply. So if you missed, you lose big time.
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December 07, 2017, 12:03:29 AM
 #18

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

Simply, just avoid pump & dump groups, indicators, whatever you are thinking off.
Suggesting for your own good. Most of the time you will end up with holding bags of shit coins.
Normally P&D groups buys a coin in advance and then gives signal to all the victims to buy and at that point they dumps hard.
Maybe some lucky ones are able to exit with profit, but over 90% of the rest participants ends up with holding shit coins. Maybe for lifetime.

Once I tried with only one signal from a group from telegram. But when I looked at the candlestick, I was just shocked, it was prepumped a lot, I mean a lot.
Then I just simply moved back and decided not to participate in any of the pumps & dumps group.

You can find lots of P&D channels in telegram.

This!

Most of than not, you will end up in loss.

Only a handful of paid signal groups can get you ride early .. everything else is prepumped.

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December 07, 2017, 12:27:49 AM
 #19

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

The basic idea is buying when the price is cheap, and the selling when the price is expensive. But, this doesn't work everytime because the trend of the coins, especially weak altcoins are complicated. They're so volatile.
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December 07, 2017, 01:45:02 AM
 #20

There is really no definite indicator. You just need to observe activities in the crypto market. The fluctuation of prices is affected primarily by its demand and supply. Higher demand indicates a higher price hence a pump. This pump is usually followed by a dump and vice versa.

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