The pump and dump tactic

[yousbabtle]

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.

Well, that is one way to deal with it if you do not have any trading idea. However, for a trader who is trying to be careful, it requires great knowledge and discipline. Discipline in the sense that when you are making huge profit, do not be looking for a better value. In fact, you should be setting your sell order when you are in a market. Unfortunately, even in FOMO, some will just keep getting ravenous until they miss it and then ending up selling lower.

[Idrisu]

The whales has been existing in every form of business and manipulations is the tool that they used in making Alot of money from the market.  Pumping and dumping is a cycle that repeated itself in cryptocurrencies market and if you are wise investors even without much knowledge on how things work you can actually makes money from this activity.

[sana54210]

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.

I guess it all balls down to your ability to control your level of greed. The same way people get greedy looking for a lower price to buy when they should be accumulating at the dip is the same way they get greedy when a price is increasing hugely until they miss the ATH.

It is always important to never get greedy in any market, have a set out plan, where you want to be taking profit and even if it goes further, and you want to get in, be sure to manage the risk well, but at the end, as long as you are still making profit, that is what is important.

[breathlessz]

The whales has been existing in every form of business and manipulations is the tool that they used in making Alot of money from the market.  Pumping and dumping is a cycle that repeated itself in cryptocurrencies market and if you are wise investors even without much knowledge on how things work you can actually makes money from this activity.

i think it is difficult to follow the movement of whales, but if we can know it, then we will get rich quick, for that learn to analyze when whales will move i think is important thing besides technical analysis

[matchi2011]

The whales has been existing in every form of business and manipulations is the tool that they used in making Alot of money from the market.  Pumping and dumping is a cycle that repeated itself in cryptocurrencies market and if you are wise investors even without much knowledge on how things work you can actually makes money from this activity.

i think it is difficult to follow the movement of whales, but if we can know it, then we will get rich quick, for that learn to analyze when whales will move i think is important thing besides technical analysis

Yes mate, if we will be able to follow how whales moves then we will be able to take advantage and earned a lot like them, learning to read the flow
of movements of certain coins will give some ideas whether the whale is already inside the project, most of the time continuous movements of a
certain project without any updates or any ongoing progress will be some hint for us.

[coffigayo]

The best you can do if you do not fit the pump and throw away the tactics just to hold back if you are late selling during peak. The market recovers on time. An impatient person tends to lose a lot of money in Cryptocurrancy as long as you do not sell for peak you do not lose money, just hold it. But extra vigilance is required when a large dump or pump starts unexpectedly without a FUD trace, because the reverse will soon be witnessed or experienced for you to make a personal decision whether to hold, buy more or sell at that time. In addition, Market Trend Analysis Analysis should come from the pump and dump tactics.

[YCryptos]

You can not become a victim of large whales in two ways. 1) Do not deal with crypto-currency. 2) Do not sell your crypto-currency assets under any circumstances.

[Cryptotenuse]

While explaining how Whales organize their pump and dumps you forgot to mention that before the intensive buying which will rise the price, they spend a lot of time accumulating cheap coins, bought slowly so as not to make them more expensive.

[Oceat]

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?
 

It is a well known strategy already since most people notices it already and they know that it could be manipulated if you do have a lot of money and it's not new to them since it does happen in real world too. So, if you can't do anything about it and can't do nothing then you should've ride it or else you will left behind while the other are on the other side. I guess everything is not that perfect but still they do have usefulness in our daily lives so we must accept that fact.

[Barbut]

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?
 

It is a well known strategy already since most people notices it already and they know that it could be manipulated if you do have a lot of money and it's not new to them since it does happen in real world too. So, if you can't do anything about it and can't do nothing then you should've ride it or else you will left behind while the other are on the other side. I guess everything is not that perfect but still they do have usefulness in our daily lives so we must accept that fact.

This is the game where just few people make profit while the rest of the people lose money. I don`t like pump and dump groups and I don`t participate in this scams, cause that`s they are big scams, and only one who got scammed is some little fool, little fool lose last money in attempt to make some fast money.
People who support some coins for their technology are the ones who makes safe profit, people who rush to make fast profit with risky and shady businesses will lose their money. Support cryptocurrencies for what they really are and what should they be, don`t scam others when there are so many better ways for making profit.

[Innerpumper]

pump and dump is a technique the whales for profit instantly. However, it is very dangerous for the easily provoked emotions. We have to know how to berdangang the correct bitcoin for profit is good.

[dharnamonitor]

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.

Yes that was the truth, it's just a matter of how fast you are to sell and get some profits. They are usually using those schemes on a certain cheaper and low trading volume coins, so if you have seen something unusual movements on those coins then stay away from it if you don't want to get involved.

[laracastvue]

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?
 

Pump and dump tactics is obviously just the same as buying and selling in the right time in order to earn more profit when the market prices are changing.

[LuciferEveningStar]

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?
 

They can only manipulate the market price by just creating a fake news or if there is a celebrity who is creating a negative speculation from market but aside from that, they will not be able to manipulate the market price since it was based on supply and demand.

[lushlife]

That is why if you're outside the top 100 coins (in terms of marketcap)
you should be extra careful, because the coins there are prone to pump and
dump groups.

[duc4487]

The pump and dump tactic cause the volatility. When the price is keep rising, it make new investor feel like they have to buy in now or it's get too late. This thing happen for both crypto world and stock market, but the manipulation in token is greater. At that time, hold will be better solution

[wastetimer1]

Whales are capable of manipulating pump and dump and you must be careful.

[dominos]

Also talking about pump and dumps we need to say new people into cryptocurrency to just don't join these type of groups. It is better to pay big and join a big respected signal group than pnd scams. Just avoid these type of people and group, because it is a waste of money (or crypto )

[volleyballslenderF]

Holding is the best weapon is such a situation and you must do this.

[DiamondsAndCoins]

THe pump and dump for sure seems like the whales #1 play.  If you get caught up in a pump and dump and your in the wrong side don't panic.  You will need to wait it out.  Only sell if your main reason for buying was effected.