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Author Topic: Pump and Dump. How to make a profit?  (Read 4227 times)
white.raiden
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January 20, 2018, 02:00:04 AM
 #301

If you encounter a group of pump and dump or signals that indicates that a coin will pump for the moment they call it, its a HYPE and surely lose your money. Its better to learn about the fundamental and technical analysis of candlestick charting and do your own research about the coin you want to trade than to rely on others without any idea on how they do it.

rodelhomecillo
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January 20, 2018, 02:06:40 AM
 #302

I guess this is an easy question to answer but the way doing it is really hard because simply just buy it in low price and sell it in the high price.
Caladonian
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January 20, 2018, 02:32:49 AM
 #303

If you encounter a group of pump and dump or signals that indicates that a coin will pump for the moment they call it, its a HYPE and surely lose your money. Its better to learn about the fundamental and technical analysis of candlestick charting and do your own research about the coin you want to trade than to rely on others without any idea on how they do it.


Which is much better, instead of entertaining those groups who always taking advantage from newbies why not do your own homework, though its really hard to analyze and intercept the movements but if you are really active and know where to find good resources you will able to anticipate much better, pump and dump group will only leads you into a trap even you are carefully playing with them, those behind this groups at very well trained and have a lots of practice on how to take their advantages.
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January 20, 2018, 02:34:45 AM
 #304

follow the whales is the best strategy to make some good profit for me

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ipanks
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January 20, 2018, 02:57:57 AM
 #305

I guess this is an easy question to answer but the way doing it is really hard because simply just buy it in low price and sell it in the high price.

once we make something that different with the other people, we cannot make a profit and maybe we can get a trap for a high price. maybe we can place many order sell after we bought so we have a chance to sell the coins at different price and if the pump is really high then our chance for selling the coins is wide open. but we really need to have a high-speed internet connection or at least stable connection to follow the pump and dump.



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ausbit
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January 20, 2018, 06:29:46 AM
 #306

If you encounter a group of pump and dump or signals that indicates that a coin will pump for the moment they call it, its a HYPE and surely lose your money. Its better to learn about the fundamental and technical analysis of candlestick charting and do your own research about the coin you want to trade than to rely on others without any idea on how they do it.
I also think that learning and exploring things by your own, defining your own path is the right way to live life because we all have our own paths to follow.

We cannot work correctly by following someone else. It is a common practice to buy any asset at a cheap rate and during the dump, it is advised to not sell out because there are always chances of recovery, especially in the case of bitcoin.
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January 20, 2018, 06:33:11 AM
 #307

Before you join any pump and dump,  one must have set his exit price and if possible to exit before that price is reached.  Pump is usually short lived one must make a good use of it while it last.

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January 20, 2018, 07:12:20 AM
 #308

"You can ride the dump but NEVER ride the pump" when you see the price is all red (or some called it bloodbath) you can buy coins without worry (except for shitcoin of course) thats the start of the dump, BUT when you see the price started to green and you did not start from the dump price, NEVER buy from that coin or never attempt to join the pump. This is a lesson i learned the hard way.

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January 20, 2018, 08:47:00 AM
 #309

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
Stay off pump and dump, you might end up loosing big because its planned by the initiator which they later dump on late entering..
One can make a very good amount of money but for that one needs to make the best possible decision at time of pump and dump. Most of the investors are making some very good amount of money just because of this pump and dump.

The best thing to do at the time of dump is to hold your coins and try to buy more coins. In case of pump, sell your coins when you are getting some good profit in return.

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January 20, 2018, 09:23:13 AM
 #310

Price fluctuations are difficult to predict unless you are an expert in studying price movements of cryptocoins. Ordinary traders will find it hard to know which coin will soon pump or dump. There may be predictions but not all predictions are precise. The only way, maybe, is to monitor the price every once in a while and read updates in this forum. Some veteran traders unselfishly share their predictions. That may be of good help.

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January 20, 2018, 12:34:48 PM
 #311

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

It is hard to make profit in that because it is hard to predict when will it pump and when will it dump. But the it is easy to explain what to do, you will just buy coins those successful ones sp that you have the assurance that they are gonna go back again to their price after a dump. So you are gonna buy then in a muh lower price because they dump and after a week they will gonna rise again and you can now sell them in a much expensive price so you profit will be much higher. But the fees are getting expensive these days so that is hard to do.
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January 20, 2018, 12:45:09 PM
 #312

Simple. If it is pumping then keep holding until it reaches your price goal then Sell it but when it's dump time buy! Buy! Buy! It's the best opportunity to buy and to make profit soon.
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January 20, 2018, 05:15:59 PM
 #313

There many pump and dump channels in Telegram, it's hard to find the legit ones. Anyway i think it's illegal and risky.
Nothing is free, I do not trust the telegram signal and soon get away from them. Unless there are groups that offer their services with monthly payments. A friend once suggested it and I'm still hesitant and it's quite expensive.
there is no perfect analysis except experience.
namjar
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January 20, 2018, 05:37:30 PM
 #314

There is nothing to do about that, if you really like making good money without doing anything, just join one of those shitty telegram groups in where you need to pay in order to receive signals. Maybe you will get scammed, but yes, that is how it works.

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January 20, 2018, 05:52:34 PM
 #315

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.

this is very difficult for beginners like me, how can we analyze them to pump a coin?

I often follow the signal from the pump and the dump but very few advantages that I get.
even a lot of what I experienced was a loss rather than profit itself.

how do you suggest as an expert in this matter?
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January 20, 2018, 09:12:00 PM
 #316

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.

this is very difficult for beginners like me, how can we analyze them to pump a coin?

I often follow the signal from the pump and the dump but very few advantages that I get.
even a lot of what I experienced was a loss rather than profit itself.

how do you suggest as an expert in this matter?
And yet the central idea is that a person should invest the amount of money that he does not want to lose. This is the essence of success. I think that my legs would like to do just that, but the pursuit of superprofits will ruin greedy people.
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January 23, 2018, 03:17:04 PM
 #317

We can never determine where the end of the pumping will be, but what we can do is buy when prices start to climb with volume, and then sell slowly on the way up.

I agree with you. sometimes its difficult where this coin end of the dumping. may if we can read the chart it can help. buy altcoin with  little of your capital when the price go down again buy it  with the rest of your capital.

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January 23, 2018, 04:22:33 PM
 #318

There many pump and dump channels in Telegram, it's hard to find the legit ones. Anyway i think it's illegal and risky.
Nothing is free, I do not trust the telegram signal and soon get away from them. Unless there are groups that offer their services with monthly payments. A friend once suggested it and I'm still hesitant and it's quite expensive.
there is no perfect analysis except experience.
The pump and dump basically are a scam attempt behind good and planned trading style.
Just look at the market gap between the buy orders and sell orders , if there's anomaly then you should curious is it a pump? Or a dump?
Both circumstances are similar , but yeah you cannot predict everything accurately , don't get fooled and learn more.
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January 23, 2018, 04:39:32 PM
 #319

usually there tips from "experts" on the trollbox chats and have a group about pump. Besides these announcements there's also a direct pumping. I would advise against using it. There are better ways to earn a profit on the trading platforms.
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January 25, 2018, 09:23:51 PM
 #320

I spent some time on trading bots and automatic softwares about trading, most of them are useless softwares. These softwares are for pump and dumps schemes but they don't give actual profit.

To make profit, you need to trade on your own. Don't pay attention to pump and dump schemes.
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