wayaneka
|
|
December 07, 2017, 01:57:48 AM |
|
In my opinion usually some coin will pump when in oversold area/cheap price and long consolidation, and then will easy to pump it so you need to learn about technical analysis. And also the coin will pump cause some rumor, so will be important to learn about fundamental analysis too.
|
|
|
|
|
|
|
|
|
Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
bribed
|
|
December 07, 2017, 02:21:59 AM |
|
I would advise to be very careful with pumps and dumps, the possibility of loosing money is very high and most of the time only a small group of p&d people makes good profits. If you are not in those circles (telegram groups for example) you will learn about the pump when its already too late or has been prepumped already for days and therefor you think the pump is just starting, but in reality its not. Be careful! I avoid this stuff.
|
|
|
|
hurriebra49
Member
Offline
Activity: 280
Merit: 10
|
|
December 07, 2017, 04:23:35 AM |
|
I think be aware of pump groups because they have make profit it is sure but mostly they take advantage for just own profit and other investors are just watching and bear loss mostly so i thing pump groups are not good but if any pump in term of the news of any coin then it will be good to invest and good opportunity to earn profit.
|
|
|
|
Cyberczar
Full Member
Offline
Activity: 368
Merit: 100
Crypto and blockchain writing service
|
|
December 07, 2017, 04:29:19 AM |
|
There are ways of knowing if a coin is a pump and dump. Before I say how, I'd like to ask why. Why would you get involved in a pump and dump coin?
Their reason the ICO space is vetting messed is that there are a lot of fellows, developers who have no business launching ICO who are doing it, why? They are doing it because they know that there are a lot of gullible people out there, investors who don't know anything about how things work.
One of the questions we have to ask ourselves is this. Do I trust the people behind this project? Can I leave my investment with them for the next five years and be confident that this is a business that will make profit? Are they in this for a quick grab of investor cash?
Unless you answer these questions correctly, you're likely in for a pump and dump.
The signs of a pump and dump are subsequent to the motive of the developers.
There are are two stages; 1.Hype...they create aot of buzz, real and imaginary just to make investor feel something in happeno. Something good. The price of the token goes up then the Dump.
2) Dump their coins and disappear, leaving investors wondering what went wrong.
|
Crypto and blockchain writing service
|
|
|
gilangIDR
Legendary
Offline
Activity: 1526
Merit: 1001
|
|
December 07, 2017, 04:32:46 AM |
|
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
If you want to take a chance then make sure that you make a decision at the right time. Because the right timing will make you get satisfactory results. But if you can not get the right timing when looking at the pump and dump then you could lose. This is a risk we face when we want to use pump and dump a coin. Believe me that you can become rich because of this action and you too can become impoverished by this action. So do your best for the future you want to achieve.
|
|
|
|
nor9847
Member
Offline
Activity: 89
Merit: 10
|
|
December 07, 2017, 04:38:49 AM |
|
you need to keep watching the market everyday and look at the price or volume that increased in 24 hours, when you find the altcoin active in pump, it's automatically change the volume. and we can now there's a pump, you can get profit from that pump, and about dump, just keep watching till the bottom price then buy it as low as you can, then place sell order into get 20% profit, i think that's enough, dont be greedy.
|
|
|
|
dissgo
|
|
December 07, 2017, 04:48:03 AM |
|
Normally, there is no signal for trading with high accuracy pump and dump for any coin. You better avoid pump and dump channels/groups and the indicators. They just buy lots to convince and then it would be going up and FOMO buyers would enter. When they got profit, they just dump again. Luckily if you have good exit strategy when it'll happen or you just end up holding and never know when you're supposed to take less loss with cutloss and cause you lost big
|
|
|
|
Dudeperfect
|
|
December 07, 2017, 05:31:00 AM |
|
I had a very bad experience with pump and dump schemes when I was the absolute noob in trading and I also believe that it's kind of unethical yet not illegal method to earn profits. Personally, I would not recommend involving in pump and dump. I believe that it is kind of organised manipulation of the price and market intended to earn profit through the unethical way of trading.
|
|
|
|
rickyleatham
Member
Offline
Activity: 126
Merit: 10
Get your share of the future
|
|
December 07, 2017, 05:40:47 AM |
|
pumping and dumping very much depend on big whales, they hold a huge number of bitcoin so everything they do effect to the price of bitcoin, it is very hard for us to earn high profit from bitcoin, we can only wait until it reach highest to sell and buy when its price at the bottom.
|
|
|
|
yndye
|
|
December 07, 2017, 05:58:33 AM |
|
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 should avoid pumps and dumps because those are just the strategy of the ones who administered it to profit. There would be times that you can profit from it because you just got lucky but over all you would be on the losing side. There are many people who are using bots to detect unusual activity of the coins so they have edge over others who just wait for the coins to be announce and around half of those trading in exchanges are bots so you are already at a losing side if you do it manually. Usually, the coins that are pump are those that have low volume for a few weeks around 20 btc or below so that they can easily pump the price. Just be warned that if you are trading in Bittrex and they can detect that you are participating in pumps and dumps then there is a possibility for your account to be suspended.
|
|
|
|
YongMaTheMagicCom
Member
Offline
Activity: 88
Merit: 60
|
|
December 07, 2017, 07:49:07 AM |
|
make profit while being dump is really hard. i think the percentage of profit will be nothing in dump section. if the pump comes, you can buy altcoin or help them to pump, and then when you think you get profit, sell them quickly before the price going down.
|
|
|
|
healthcarep
Newbie
Offline
Activity: 72
Merit: 0
|
|
December 07, 2017, 08:19:32 AM |
|
i damn care about pump and dump i am only daily trader whenever i am to be interested to do trade, i go to the exchanger and start trading with my own strategy in regularly...
|
|
|
|
megget
Member
Offline
Activity: 140
Merit: 12
Blockchain Identity Verification
|
|
December 07, 2017, 08:51:59 AM |
|
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 news about adding some of cryptocurrency to the top exchanges has a good effect on the price in most cases. If you get the insider before the news is published, then you can make money on this news. Just pay attention to the coins on the bitfinex. All coins with small capitalization are exposed to pump. This is also worth considering when adding new coins to this exchange.
|
|
|
|
innocent93
Legendary
Offline
Activity: 896
Merit: 1000
|
|
December 07, 2017, 09:39:04 AM |
|
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.
I have seen some good ideas in this topic related to the pumping/dumping. I just wanted to add that you can find all kind of projects or telegram groups who usually handles this kind of things, they analyze the market and try to predict the evolution of the market.
|
|
|
|
Tungsten-1
|
|
December 07, 2017, 06:54:02 PM |
|
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. All the cryptocurrencies are highly volatile in nature and it is really very much difficult thing to predict anything about the future and that too quite accurately. The most important thing which you need to do is to plan for all the possible conditions which you can encounter in the future. At the time of dump, do not make any kind of foolish decision and try to remain cool and calm. Hold your bitcoins and buy more. At the time of pump, sell them to have money.
|
|
|
|
weredo911
|
|
December 07, 2017, 07:42:08 PM |
|
The best way to recognize pump and dump is get secret information. This is the most important thing beside technical analysis and behavioral psychology.
|
I have pretended to be mentally retarded for seven years.
|
|
|
aencarnaci
|
|
December 08, 2017, 12:28:23 PM |
|
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.
It’s not quite easy to do that (pumping and dumping later) you might end up getting trapped in shitty coins and nobody will be ready to buy that shitty package lol. Bitcoin is good, and the price has been going up steadily recently, so why not take this opportunity and use it to make a lot of money off Bitcoin?? And that’s true, there is no way one can indicate.
|
|
|
|
Jorosss
|
|
December 08, 2017, 12:36:20 PM |
|
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
If you want to earn decent profit avoid pump and dump coin, once you fall it will be hard for you to recover. I suggest you to stay with a good coin or the top 20 coins in the market. Its more safer than a pump and dump coin
|
|
|
|
Barcode_
Staff
Hero Member
Offline
Activity: 2996
Merit: 568
APP下载sbapp.io
|
|
December 08, 2017, 12:57:08 PM |
|
Doing the pump and dump strategy is actually very risky in trading because it is very difficult to predict how the trading market will move in a short period of time, patience is a virtue in trading and most of the traders that are gaining huge profits are likely to practice this.
|
|
|
|
eloymjb
|
|
December 08, 2017, 02:25:11 PM |
|
in this kind of situation and you want to have a profit. i know it is too risky for us but in that case you need to go on the flow of the market. just simply place a lower buy order and wait it to fulfill. in that case you are safe because your lower bid make you rich.
|
|
|
|
|