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Author Topic: The pump and dump tactic  (Read 1630 times)
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May 12, 2018, 02:45:34 PM
 #1

As you know, one of the most popular kinds of manipulations on the cryptocurrency market. Big players on the cryptocurrency market are known as whales. They can manipulate the cryptocurrency price using the tactic “Pump and dump”. Whales buy a lot of cryptocurrency in several days causing price increases. This attracts new investors to the cryptocurrency because hamsters want to buy more cryptocurrency in hopes that the price will be raising and they will be able to sell assets for the higher price. But this isn’t happening, because whales, after gaining a specified mark, begin to dump coins. In such way, whales get a profit, and the price of the cryptocurrency falls. How do you think how not to become the prey of such kind of whales` manipulations?
 
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May 12, 2018, 02:55:53 PM
 #2

As you know, one of the most popular kinds of manipulations on the cryptocurrency market. Big players on the cryptocurrency market are known as whales. They can manipulate the cryptocurrency price using the tactic “Pump and dump”. Whales buy a lot of cryptocurrency in several days causing price increases. This attracts new investors to the cryptocurrency because hamsters want to buy more cryptocurrency in hopes that the price will be raising and they will be able to sell assets for the higher price. But this isn’t happening, because whales, after gaining a specified mark, begin to dump coins. In such way, whales get a profit, and the price of the cryptocurrency falls. How do you think how not to become the prey of such kind of whales` manipulations?
 

Have your own mark as when to buy and sell bitcoin. Take note that pump and dump is not a new scheme that whales do in crypto market, if you are late on selling just hold, some time soon the whales will be pumping the market again. Take note that whales will not always control the market, once mass adaptation happens, the mass can out play the whales as more and more people hold bitcoin.

 
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May 12, 2018, 03:13:19 PM
 #3

As you know, one of the most popular kinds of manipulations on the cryptocurrency market. Big players on the cryptocurrency market are known as whales. They can manipulate the cryptocurrency price using the tactic “Pump and dump”. Whales buy a lot of cryptocurrency in several days causing price increases. This attracts new investors to the cryptocurrency because hamsters want to buy more cryptocurrency in hopes that the price will be raising and they will be able to sell assets for the higher price. But this isn’t happening, because whales, after gaining a specified mark, begin to dump coins. In such way, whales get a profit, and the price of the cryptocurrency falls. How do you think how not to become the prey of such kind of whales` manipulations?
 
In order to fight the shark's killer strategy, you need to have a strong mentality to deal with it.
The Crypto market is for those who have a strong mind and are consistent with their opinions. Consistency will help you a lot in the fight against shark's FUD / FOMO. In addition, you need to have your own market evaluation and analysis to get a good foundation. When you have a good background, FUD / FOMO will never affect you.






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May 12, 2018, 03:59:56 PM
 #4

As you know, one of the most popular kinds of manipulations on the cryptocurrency market. Big players on the cryptocurrency market are known as whales. They can manipulate the cryptocurrency price using the tactic “Pump and dump”. Whales buy a lot of cryptocurrency in several days causing price increases. This attracts new investors to the cryptocurrency because hamsters want to buy more cryptocurrency in hopes that the price will be raising and they will be able to sell assets for the higher price. But this isn’t happening, because whales, after gaining a specified mark, begin to dump coins. In such way, whales get a profit, and the price of the cryptocurrency falls. How do you think how not to become the prey of such kind of whales` manipulations?
 

HODL is the best weapon from this kind of so manipulation. Other's go with the flow, buying in dips and when the whales started to make a sell, they usually dump as well and just rebuy in dips. The only problem is that you don't know when are the whales going to dump it, You might be sleeping across the globe while there are a lot of actions going on. So for me, I would rather HODL my coins for long term and will just sell if the condition is ripe for the taking.

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May 12, 2018, 04:12:13 PM
 #5

As you know, one of the most popular kinds of manipulations on the cryptocurrency market. Big players on the cryptocurrency market are known as whales. They can manipulate the cryptocurrency price using the tactic “Pump and dump”. Whales buy a lot of cryptocurrency in several days causing price increases. This attracts new investors to the cryptocurrency because hamsters want to buy more cryptocurrency in hopes that the price will be raising and they will be able to sell assets for the higher price. But this isn’t happening, because whales, after gaining a specified mark, begin to dump coins. In such way, whales get a profit, and the price of the cryptocurrency falls. How do you think how not to become the prey of such kind of whales` manipulations?
 

HODL is the best weapon from this kind of so manipulation. Other's go with the flow, buying in dips and when the whales started to make a sell, they usually dump as well and just rebuy in dips. The only problem is that you don't know when are the whales going to dump it, You might be sleeping across the globe while there are a lot of actions going on. So for me, I would rather HODL my coins for long term and will just sell if the condition is ripe for the taking.
Agree with you about HODL. That's the best way for now but this way need a lof of patience. I used group of signals, tried to sell or buy, pump and dump and this is the easiest way to lose your money I can say. I think a lot of people here have the same experience with all of these "signal groups".
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May 12, 2018, 04:28:08 PM
 #6

As you know, one of the most popular kinds of manipulations on the cryptocurrency market. Big players on the cryptocurrency market are known as whales. They can manipulate the cryptocurrency price using the tactic “Pump and dump”. Whales buy a lot of cryptocurrency in several days causing price increases. This attracts new investors to the cryptocurrency because hamsters want to buy more cryptocurrency in hopes that the price will be raising and they will be able to sell assets for the higher price. But this isn’t happening, because whales, after gaining a specified mark, begin to dump coins. In such way, whales get a profit, and the price of the cryptocurrency falls. How do you think how not to become the prey of such kind of whales` manipulations?
 

Have your own mark as when to buy and sell bitcoin. Take note that pump and dump is not a new scheme that whales do in crypto market, if you are late on selling just hold, some time soon the whales will be pumping the market again. Take note that whales will not always control the market, once mass adaptation happens, the mass can out play the whales as more and more people hold bitcoin.

Thats true some whales can manipulate pump and dump but if realy more people want to adopt that coins then even  whales cant control that price anymore. They are just the one who started it and people will end it sometimes.

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May 12, 2018, 04:34:20 PM
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 #7

As you know, one of the most popular kinds of manipulations on the cryptocurrency market. Big players on the cryptocurrency market are known as whales. They can manipulate the cryptocurrency price using the tactic “Pump and dump”. Whales buy a lot of cryptocurrency in several days causing price increases. This attracts new investors to the cryptocurrency because hamsters want to buy more cryptocurrency in hopes that the price will be raising and they will be able to sell assets for the higher price. But this isn’t happening, because whales, after gaining a specified mark, begin to dump coins. In such way, whales get a profit, and the price of the cryptocurrency falls. How do you think how not to become the prey of such kind of whales` manipulations?
 
If you want to save your self from bump and dump tactic we also need to follow their tactic that we need to buy at the price is low and sell them when the price is high,and never invest on any coin which price os rapidly increasing in short term because chance of correction is highly possible.









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May 12, 2018, 04:34:39 PM
 #8

As you know, one of the most popular kinds of manipulations on the cryptocurrency market. Big players on the cryptocurrency market are known as whales. They can manipulate the cryptocurrency price using the tactic “Pump and dump”. Whales buy a lot of cryptocurrency in several days causing price increases. This attracts new investors to the cryptocurrency because hamsters want to buy more cryptocurrency in hopes that the price will be raising and they will be able to sell assets for the higher price. But this isn’t happening, because whales, after gaining a specified mark, begin to dump coins. In such way, whales get a profit, and the price of the cryptocurrency falls. How do you think how not to become the prey of such kind of whales` manipulations?
 

The only people who become prey to these pump and dump schemes are people who look to others for investing advice and/or people who invest in low volume market.  If you want to avoid this, make your own price predictions that arent based off of what anyone said and stay away from low volume coins.

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May 12, 2018, 04:36:57 PM
 #9

I think the best way to prevent you for becoming a prey to them is to not buy the coins that have been pumped already. In short, don't FOMO yourself. Don't think that you will join the ride for you think it will give you profit because it is going up and up. This is a good way to gain profit but there is a huge risk with this. You must manage risk because if you join the ride and bought at a high price, there is a tendency that the whales will dump their bought coin in your face and you will be in serious problem in the end.

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May 12, 2018, 04:57:24 PM
 #10

It is worthy of note at this juncture to emphatically clears the erroneous belief that only the The Crypto Whales/Sharks or Big Boys can manipulate the prices of Cryptocurrencies. They may be carrying some portion, does not mean they are the sole Prices Determinants. Some other varied factors are also significant/eminents. Having said this, individual self discipline can simultaneously plays a vital role not to fall a victim of circumstances or as prey to these Maggots.  It's however pertinent to apply extra cautiousness when huge dumps or pumps kick-started suddenly with no trace of any FUD, because the reverse shall very soon be witnessed/experienced for you to take your personal decision of whether to hold, buy more or sell at that particular moment.

More so, Market Trend Analysis Chat should from time to time be studied as another great or qualitative indicator which can also aids your direction on this Pump and Dump tactic.

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May 12, 2018, 05:11:09 PM
 #11

I always sell panic, because I cant keep myself straight minded and calm. So i preffer not to looking on a pice that periods, heh
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May 12, 2018, 05:14:37 PM
 #12

The best thing that you can do if you cannot get along with the pump and dump tactic is just to HODL if you are late in selling during the peak. The market recovers in time. Impatient people tend to lose a lot of money in crypto, as long as you are not selling during the peak you are not losing any money. Just HODL.

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May 12, 2018, 07:09:10 PM
 #13

You can fight with that whale with the patience.If you want to be free from dump and pump tactics,just hold your valuable bitcoin.And you should have a brave mindset.You should not get panic by the fluctuation in the market.You have to consider it as a common one and hold your bitcoin.
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May 12, 2018, 07:20:30 PM
 #14

As you know, one of the most popular kinds of manipulations on the cryptocurrency market. Big players on the cryptocurrency market are known as whales. They can manipulate the cryptocurrency price using the tactic “Pump and dump”. Whales buy a lot of cryptocurrency in several days causing price increases. This attracts new investors to the cryptocurrency because hamsters want to buy more cryptocurrency in hopes that the price will be raising and they will be able to sell assets for the higher price. But this isn’t happening, because whales, after gaining a specified mark, begin to dump coins. In such way, whales get a profit, and the price of the cryptocurrency falls. How do you think how not to become the prey of such kind of whales` manipulations?
 
Theres no way that you can avoid such thing because as an investor if you arent a whale then you are really prone to be caught into those situations like dumps in the market which causes for you to have negative floating which would possibly for you to cut loss or panic sell.They do have the capability since they do have the money to move market prices or do influence its movements and thats how it goes.As a small time trader or investor instead on minding how to avoid its much wiser for you to think on how you would gonna ride their movements.Very hard thing but once you will able to analyze then you would really be profitable for sure.

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May 12, 2018, 07:22:29 PM
 #15

You will have to be wise when it comes to this.
Know if it is just a hype. It is not just about whales anymore when a lot of hamsters have been pulled inside. It will also create a good hype that could make some profits. But the real question is not how but when?
When is that right time? We do not know who the whales are or the hamsters. So you will rely on your instinct or not to be greedy. Take the safest way, withdraw with small profits. Do not regret even if it goes up.
That is the real problem actually. Greed.
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May 12, 2018, 07:39:23 PM
 #16

As you know, one of the most popular kinds of manipulations on the cryptocurrency market. Big players on the cryptocurrency market are known as whales. They can manipulate the cryptocurrency price using the tactic “Pump and dump”. Whales buy a lot of cryptocurrency in several days causing price increases. This attracts new investors to the cryptocurrency because hamsters want to buy more cryptocurrency in hopes that the price will be raising and they will be able to sell assets for the higher price. But this isn’t happening, because whales, after gaining a specified mark, begin to dump coins. In such way, whales get a profit, and the price of the cryptocurrency falls. How do you think how not to become the prey of such kind of whales` manipulations?
 

Well, my suggestion is to track cryptocurrency price changes before investing in it. Invest only in coins, that have been stable for a long period of time. But as for me, when the price increases too suddenly it always seems like a trap. And mostly people now that, but nevertheless they buy out of greediness. So the basic rule to save your money and make a successful investment: don't be greedy.
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May 12, 2018, 07:40:56 PM
 #17

this is a very classic trading game and often happens in the year 2017 and its impact., prices are becoming reluctant to rise this year, maybe that could be one of the reasons why bitcoin prices always fall again after crawling up ,, may be due to bitcoin dump
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May 12, 2018, 08:22:34 PM
 #18

As you know, one of the most popular kinds of manipulations on the cryptocurrency market. Big players on the cryptocurrency market are known as whales. They can manipulate the cryptocurrency price using the tactic “Pump and dump”. Whales buy a lot of cryptocurrency in several days causing price increases. This attracts new investors to the cryptocurrency because hamsters want to buy more cryptocurrency in hopes that the price will be raising and they will be able to sell assets for the higher price. But this isn’t happening, because whales, after gaining a specified mark, begin to dump coins. In such way, whales get a profit, and the price of the cryptocurrency falls. How do you think how not to become the prey of such kind of whales` manipulations?
 
Just stay away from those pump and dump groups they will only make you look dumb..especially if you are not a VIP premium member...VIP members gets signals 5-7 minutes ahead before they broadcast it in free members group..most of their victims here are those free members who believe theyre gonna make quick profits but end up lossing big amounts or will be holding their coins for a very long time til they recover.

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May 12, 2018, 08:42:49 PM
 #19

I think it's a primitive view of what's going on in the market. No need to try to guess what they think and what other players are going to do. It's unlikely to happen.
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May 12, 2018, 09:01:32 PM
 #20

It is an old trick but still working.
I think that is how this world will actually work until it is doomed to end.
Those who have the most valuable thing (money) in this world will be the one having control with the market. Sound pretty lame but that is how it goes on up until now.
There will always be whales, you can be one. There is no right partition of the coins so as long as someone can buy then he can do it until he gets the higher percentage of the whole amount of the token and can somehow shake the market with how much he holds.

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