The pump and dump tactic

[vixcious]

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?
 

I think we all need to equip ourselves with knowledge before investing in anything. New traders need to know that the Crypto market is always manipulated and unstable. From there they have to know that when the market goes down it does not mean that the value of the altcoins is reduced. The majority of merchants are often mistaken for this mistake and the psychology becomes panic, followed by whale traps. So we need to be more courageous and subtle.

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[Johnyz]

pumping and dumping tactics is actually a complex process. from my experience, i do notice when whale enter market becuase you will see a huge and constant buy order however it is always difficult when whales are taking back their investment because there are some factors that may not let you know this. firstly when you follow whale and you invest immediately you are getting 10% interest, you will become uncertisfy and you will not wannat sell your order. secondly whales take profit in fraction so you may not notice it.

Pump and dump is the way whales use to control the market. Many people who are new to this market are driven by pump / dump channels and lose a lot of money. Remember that nothing is easy and pump / dump is not a viable way in this market.

And if we want to survive in this market, we should know how to ride the trend together with the whales because this is our way also to make money. Hodlers may not be affected much about the pump and dump trend but if you are a trader you should notice this.

[charlzyeby]

It is best to buy the dips or buy when prices remain stable for sometime after careful monitoring. People who fall prey to pumps and dumps only buy when the coin has reason significantly. I'm just wondering how the whales will be able to act in unison. There are other factors that lead to pumps and dumps apart from whales. For example some project teams create false news to get people excited.

[dharnamonitor]

If you find something unusual in the buy/sell orders, volume and price then you could simply ignore it and look into another altcoins or you can also join, it's all depends on your plan if you want to join ride with pump then you must have an objective and detailed plan or else you'll gonna missed the opportunity to sell without noticing.

[SCRAPYCOCO]

The best tactic for not being a victim is simply to stay calm and see how the situation is better and the game is built, just wait for the best moment

[alan2here]

This tactic is quite common, but we often ask, " Why do we still have a pump and a dump ? But are we still following ? " Because you will rely on those holes to make money quickly .

This is very dangerous and this is probably the most dangerous investment in Crypto because no one can know what the whales will do when pump and dump. I personally do not participate in these events because I am afraid to lose profits and just watch the price fluctuate in a short time

[Lhaine]

This tactic is quite common, but we often ask, " Why do we still have a pump and a dump ? But are we still following ? " Because you will rely on those holes to make money quickly .

This is very dangerous and this is probably the most dangerous investment in Crypto because no one can know what the whales will do when pump and dump. I personally do not participate in these events because I am afraid to lose profits and just watch the price fluctuate in a short time

If you are always afraid well pump and dump tactic is not for you ,you know what?  In trading that is normal to wait the dump because when the coin falling down this is already our chance to buy more coin.

[redshiftexpensive]

To fight the shark killer strategy the pump and the dump is something that is good.

[M7MMike]

It requires a lot of strategies and only those with some strong minds are needed here.

[mudasarali43]

I think it is not any tactic it is only drama which depends on one big amount trader that create group make together other peoples who have investment and he gives the signal and suddenly buy some coins and by watching the pump when other peoples start buying then this drama maker sell their coins at high price and in this way he only get advantage and other is going to the loss so be aware of these type of peoples.

[hrctrusisss]

strong mind is what is needed to have to be able to deal with all of this.

[matchi2011]

I think it is not any tactic it is only drama which depends on one big amount trader that create group make together other peoples who have investment and he gives the signal and suddenly buy some coins and by watching the pump when other peoples start buying then this drama maker sell their coins at high price and in this way he only get advantage and other is going to the loss so be aware of these type of peoples.

That's why better to understand and learn how to read this kinds of actions inside trading site, there's a lots of existing pumped and dumped group, if you got victimized you will be trapped and your money will lose its value in any event, pumped project is useless because even their own dev abandon them after being played inside the market.

[nz_sana]

It is the main tactic. Every coin has this quality. Just need to remain cool for both situations. You must know BTC make a history for a dump. Now we can only be expected for the pump. Sure, you can make a huge profit if you buy BTC and hold now. Though I think BTC can’t recover its superposition soon it can pump as much as we can get a good amount of profits.

[KalaiBTC]

strong mind is what is needed to have to be able to deal with all of this.

Very short but so strong answer to this question. Actually when you are in trading, your mind set must be strong. You must be analytical and the most important thing, your decision making must be super class. If you aren’t up to such qualities, better to work on them first and then come in field. Don’t just dive in without prior knowledge and superior practice. Else loss would be your fate.

[hirokazu]

I think it is not any tactic it is only drama which depends on one big amount trader that create group make together other peoples who have investment and he gives the signal and suddenly buy some coins and by watching the pump when other peoples start buying then this drama maker sell their coins at high price and in this way he only get advantage and other is going to the loss so be aware of these type of peoples.

Anyway, it could be. Because in order to get a big profit, various ways are done by every people. This is the thing that most influences the rise and fall of a coin. If we pay more attention, we can just follow how they play and also make a profit from their way.

[Satosho Kakamolto]

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 real problem is that most of the people are aware of those tactics but they play along hoping they will profit, thus transforming the whole crypto world in a giant casino, which is a real pity.

[InformerKin]

I would avoid those so called signal groups on telegram etc. Follow your own tactic and don't play on those pump&dump waves and you'll be safe.

[Boppsross]

It requires people who have a strong mind and can deal with difficult situations.

[Guard225]

There are hundreds of such groups on Telegram and Discord lately. The paid ones have 40+ BTC on their addresses lying around.
It's sad that those schemes bring so many people in and profit those scammers.

[checkmatesir]

the bump and dump tactic in the crypto trading may give good profits for the individuals but in nature it is the thing which affects the price of bitcoin,so stop trading the bitcoin trading and start holding them for maximum profits in some years.

Most of the investors and trader are related with pump and dump tactics. They are really getting good profit from it, but finding the best place for your investment you need to have good previous experience and only then we can get profit from pumps and dumps.