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Author Topic: Your reaction to recent pump and then dump  (Read 806 times)
aggress0r
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September 04, 2018, 09:39:08 AM
 #161

Crypto is still so young and without any regulations so it can be manipulated easily. It was hard for me to imagine that such giants like ETH could be manipulated and dumped! (or mb it's Ethereum real price  Roll Eyes who knows?!) So to adjust to this game you are ought to have steel nerves and patience.
My reaction was like - Ugh again? Ok how much my portfolio would decrease? Grin
I HATE TABLES I HATE TABLES I HA(╯°□°)╯︵ ┻━┻ TABLES I HATE TABLES I HATE TABLES
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Idrisu
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September 04, 2018, 10:12:45 AM
 #162

This is getting frustrating. I thought that we are now going to the moon because BTC surpassed $7000 resistance level and we saw that most altcoins follow. I bought ETH for $513 then now it is getting dump where the current price is $470. in just 12 hours, i lost $43. What is your reaction and strategy when altcoin gets pump?
Hope you know that this is how this market behave and you need to understand the risk and reward in it.  I advise my formal boss when bitcoin was around $17000 to buy and he could not sell and he is still holding.  However,  this is the risk in business and we should not fold our hands to it because there is always away out of this.  You either lose or you make money!
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