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Author Topic: The pump and dump tactic  (Read 1630 times)
enawati
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June 05, 2018, 09:09:23 AM
 #61

A few hours ago i have seen any different chart and price action of Union coin in different exchange, look like some trader try to pump the coin in cryptopia exchange because this exchange has low volume. But in Kucoin exchange the price did not pump, how can this possible, same coin but different price. I think pump dump tactic just make bad thing with liquidity.

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June 05, 2018, 11:41:38 AM
 #62

I really love those two because if you examine the market and if you learn how to know those two cases, then you can have a great profit from them

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June 05, 2018, 11:44:16 AM
 #63

If you like pump and dump try my trading airdrop faucet for free and show us your skill.
I'm wondering if all the specialists here are good traders.

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June 05, 2018, 12:03:16 PM
 #64

A few hours ago i have seen any different chart and price action of Union coin in different exchange, look like some trader try to pump the coin in cryptopia exchange because this exchange has low volume. But in Kucoin exchange the price did not pump, how can this possible, same coin but different price. I think pump dump tactic just make bad thing with liquidity.

Yeah, as you have explained, it possible that 2 coins can have 2 different prices in 2 different exchanges because just some pump-and-dump groups starting to pump it in a less known trading exchanges as compare to Kucoin that the exchanges might red flag it for suspicious or artificial prices so just be careful.

I have seen this numerous times already, less known trading sites are usually the target of this group because of low trading volumes. But what amazes me is how those group really set it up, sometimes a month before the actual pump, they will purchased the coins at cheap price and will declared that they can manipulate it because they are holding as much as 40% of the market. Obviously, paid members will really entice to join and pay premium prices, sadly though the actual dump already happen way before they announced it in their group, and all was left was a profit divided amongst the members.
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June 05, 2018, 01:55:02 PM
 #65

I think there's nothing we can do here but to just follow these whales though somehow we wish we could do something. The least we can do is learn how to play in the market and be wise and think like a whale. And just see the brighter side of this as in the end we all profited to this, so just hang on.

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June 06, 2018, 11:27:45 PM
 #66

I really love those two because if you examine the market and if you learn how to know those two cases, then you can have a great profit from them
Pump and dump is always giving opportunities to trade bitcoin in a low price and then sell it in high price when the bitcoin or any other altcoin increase too much, so pump and jump are an important part of our life, specially if we are related with crypto trading.
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June 06, 2018, 11:46:30 PM
 #67

I really love those two because if you examine the market and if you learn how to know those two cases, then you can have a great profit from them
Pump and dump is always giving opportunities to trade bitcoin in a low price and then sell it in high price when the bitcoin or any other altcoin increase too much, so pump and jump are an important part of our life, specially if we are related with crypto trading.
This scenario is what every focused trader waiting for especially those who did day trading. We can really earn whenever the coins price fluctuates unexpectedly or whenever there are some hype in a coin.


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June 07, 2018, 12:02:56 AM
 #68

This is crypto and if anyone is manipulating prices, you should always find the opportunity and play it to your advantage. When you identify that the coin is in a 'pump and dump' situation, you should always monitor the prices and check at what percentage it rises everytime and the percentage it falls too. With these in mind, you get the chance to sell around the percentage it rises and sell at around the percentage at which it falls.
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June 07, 2018, 12:08:44 AM
 #69

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?
 
We can never get away with it the rich has the power to do it. If you wanna ride with that kind of manipulation you need to have a huge capital and make sure you can dump it to the right time also. It really goes that way when noone is regulating it. The rich become richer and the poor remains poor.

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June 07, 2018, 12:40:28 AM
 #70

If you like pump and dump try my trading airdrop faucet for free and show us your skill.
I'm wondering if all the specialists here are good traders.
The specialist likes to speculate and nothing else, i really doubt they trade in the first place and majority are paid specialist who likes to advertise other coins and nothing else, yobit is one exchange you will see majority of the dump and dump thing occurs as they have a lot of fake coins which is meant for these sort of activities, i would not trust these coins as i do not want to be the bag holder.
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June 07, 2018, 02:12:54 AM
 #71

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?
 
We can never get away with it the rich has the power to do it. If you wanna ride with that kind of manipulation you need to have a huge capital and make sure you can dump it to the right time also. It really goes that way when noone is regulating it. The rich become richer and the poor remains poor.
true, the rich have the power that can be done arbitrarily. they can easily manipulate market price movements, but they are not from individuals, but there are communities that plan when it's time for Dump and Pump. when prices are lower they can attract investors to invest in them, but after many people invest, the market price movements are compactly dropped by the whaling community so they can easily take advantage of the declining market situation by buying more from people who sold it because of panic
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June 07, 2018, 02:24:50 AM
 #72

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 we don't have friends that are connected to these whales then i believed there is nothing we can do but just to hold our coins and always monitor the market movement so that we could ride on them because for me these people are really unpredictable in which their activities are very difficult to predict making the crypto currencies investments to become more risky.
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June 07, 2018, 02:52:16 AM
 #73

I really love those two because if you examine the market and if you learn how to know those two cases, then you can have a great profit from them
Pump and dump is always giving opportunities to trade bitcoin in a low price and then sell it in high price when the bitcoin or any other altcoin increase too much, so pump and jump are an important part of our life, specially if we are related with crypto trading.
Pump and dump is the most important part of a trade because of the two things you will get a big profit if you can sell when the
price of pump and buy when dump, but for some months it seems the pump has not happened at all, and it makes many traders panic
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June 07, 2018, 03:03:46 AM
 #74

If you know that the coin is being pumped up suddenly without any showing any signs of any slight intervals of increase then expect that you had been a prey of one of those coins.
Two things:
1. End up with net losses
2. Get cents
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June 07, 2018, 03:25:11 AM
 #75

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?
 
You have to be updated. You have to read the news. If you suspect that the coin is being pumped, look for any news or update with the project and see if there's any development. If there's none, look at the timing and how huge is the drop with a specified time. If the coin you are holding suddenly dropped and you suspect that its the fault of whales then just hold on to it. Sometimes, whales dump their coins so others will follow so whales can buy again at a lower price then price will go back to its previous price when the coin was dumped.
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June 07, 2018, 04:27:14 AM
 #76

Pump and dump is just make the liquidity bad and make many trader lose in big amount. I avoid this kind of trading, and better to trading in coins that has high volume. Will be hard for whales to manipulates the price in coin that has high volume.

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June 07, 2018, 05:22:22 AM
 #77

Well you can prevent yourself from whales by getting a lot of information, if the rising is suspicious, like its rising above 100% in day then you need to be careful and find the reason behind the rising, you can join pump and dump groups to avoid yourself become victim, pump activity sometimes is very obvious and make the price doesn't make any sense at all
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June 07, 2018, 05:25:10 AM
 #78

yes you are right there are some tactics that they hide but we usually can analyze what happened and how they work, usually dump and pump will choose coin that do not have high trading volume so they make profit for himself first new followers, more well you do not follow the game too much because it can hurt you.
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June 07, 2018, 09:06:11 AM
 #79

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?
 
You are totally right, there are certain things you can do in order to avoid or to become prey of such kind of whales.
Don't buy a coin while it is in the green zone a lot of entry at that point might lead to a loss or hold for long term before you can get your initial capital
Always buy when it is in red zone it is the best time to make an entry exit immediately you have little gain, don't be too greedy looking for maximum profit.

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June 07, 2018, 09:10:57 AM
 #80

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 easiest way for, there are many relationships with people who are better than us in the field Cryptocurrency. They will help you understand more about manipulation and help you avoid it. Strong psychology is the most important thing to avoid manipulation. You should trust Crypto before investing in it. Because only faith will help you overcome that trap.
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