Bitcoin Forum
May 06, 2024, 01:05:17 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 [4] 5 6 7 »  All
  Print  
Author Topic: How to take advantage BTC Pump and Dump in short period?  (Read 755 times)
Pearls Before Swine
Sr. Member
****
Offline Offline

Activity: 1190
Merit: 306



View Profile
November 03, 2019, 06:09:02 AM
 #61

You simply buy high, sell now.
Bravo.

There is no more pump and dump in bitcoin.  Do any of you people even know what that phrase means?  You sound like a bunch of parrots repeating it like you think bitcoin can be P&D'ed like some penny stock, but it can't.  It goes up and down as demand fluctuates, and that's it.  If those market movements are what you all are referring to, don't call it a P&D.  Please.

And I said 'bravo' because all you can really do with bitcoin is try to sell it for more than you bought it for, which sounds so simple and easy that even one of you monkeys could do it, but it's not easy.  Most traders have neither the patience nor the cojones for that.
1714957517
Hero Member
*
Offline Offline

Posts: 1714957517

View Profile Personal Message (Offline)

Ignore
1714957517
Reply with quote  #2

1714957517
Report to moderator
1714957517
Hero Member
*
Offline Offline

Posts: 1714957517

View Profile Personal Message (Offline)

Ignore
1714957517
Reply with quote  #2

1714957517
Report to moderator
1714957517
Hero Member
*
Offline Offline

Posts: 1714957517

View Profile Personal Message (Offline)

Ignore
1714957517
Reply with quote  #2

1714957517
Report to moderator
In order to get the maximum amount of activity points possible, you just need to post once per day on average. Skipping days is OK as long as you maintain the average.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714957517
Hero Member
*
Offline Offline

Posts: 1714957517

View Profile Personal Message (Offline)

Ignore
1714957517
Reply with quote  #2

1714957517
Report to moderator
1714957517
Hero Member
*
Offline Offline

Posts: 1714957517

View Profile Personal Message (Offline)

Ignore
1714957517
Reply with quote  #2

1714957517
Report to moderator
TheUltraElite
Legendary
*
Offline Offline

Activity: 2870
Merit: 1221


Call your grandparents and tell them you love them


View Profile WWW
November 08, 2019, 06:10:12 AM
 #62

It goes up and down as demand fluctuates, and that's it.  If those market movements are what you all are referring to, don't call it a P&D.
Market moves because whales make them move. They are having their methods to raise the demand and then dump. How far they are willing to rise or drop is not known. Of course organic growth occurs, but in times of when there is no news to actually give a bullish push whatever rise and fall is occurring will be referred to as pump and dump. Neither is there any method to verify who is selling or who is buying. So there is nothing in referring a large upstroke and a downstroke as pump and dump.

Quote
And I said 'bravo' because all you can really do with bitcoin is try to sell it for more than you bought it for, which sounds so simple and easy that even one of you monkeys could do it, but it's not easy.  Most traders have neither the patience nor the cojones for that.
Its not tough for those who have followed the market and kept patience.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT
  CRYPTO   
FUTURES
 1,000x 
LEVERAGE
COMPETITIVE
    FEES    
 INSTANT 
EXECUTION
.
   TRADE NOW   
daarul50
Legendary
*
Offline Offline

Activity: 1596
Merit: 1034


View Profile
November 08, 2019, 06:32:02 AM
 #63

Some peoples are beginners in crypto trading so they are all don't know how to fluctuate all the time. Bitcoin is always fluctuate because it is volatile crypto currency so market is moving forward and backward. It is a decentralized cryptocurrency so no one stop the fluctuations but any government can add some regulations and it will never affect the Bitcoin.
I feel like bots could actually work wonders in these kinds of situations, after all they are automatically doing the trades so it means they must be taking advantage of the big ups and downs. I really wanted to see a bot that works on ups and downs of the leverage market as well because that looked like the real place where bots could make a serious damage considering people can't be too quick but bots could literally get out before liquidation so it is actually a good idea.

However, giving the full power to a bot is not really that healthy neither because it is software after all, even the greatest coder could have an unexpected error and I do not want all my money at the hands of a bot that doesn't really understand what I want from it, just does what I say it to do.
yes i couldn't agree more with you that even with bots you still need to check it manually sometimes that is the rule number 1.

actually if you do trading more often , you will get used to looking for the situation around and how to deal with it , what i mean is whenever you see a market movement unusual you will identified it early than what people can realized.
and that moment is your momentum to make a buy decision or sell, market movement always have some patterns and your job is to find it.

so IMHO to taking an advantage with the aggressive market movement is by having more experience to face any kind situation.
Polar91
Hero Member
*****
Offline Offline

Activity: 1120
Merit: 553

Filipino Translator 🇵🇭


View Profile WWW
November 08, 2019, 07:23:46 AM
 #64

If you ask this question then it only means you cannot take advantage of it. Because it is not easy as eating pizza pie. You need to study trading in order to take advantage of BTC pump and dump. Even studying is not easy too as it takes a  lot of time, effort, patience and determination. And when you are ready, you won't ask this question again.
Some peoples are beginners in crypto trading so they are all don't know how to fluctuate all the time. Bitcoin is always fluctuate because it is volatile crypto currency so market is moving forward and backward. It is a decentralized cryptocurrency so no one stop the fluctuations but any government can add some regulations and it will never affect the Bitcoin.
What do you mean by beginners don't know how to fluctuate all the time? If you meant for the trajectory of Bitcoin, no one could tell that before it happens. Everyone including the expert traders can't certainly tell which direction would Bitcoin fluctuate. All of them are just predicting but they have different level and knowledge in their of predicting.
owengtam09
Full Member
***
Offline Offline

Activity: 1330
Merit: 248



View Profile
November 08, 2019, 08:37:49 AM
 #65

How to take advantage of BTC Pump and Dump in short period?
If you are regularly monitoring the market then you will get profited in a short period of time. If the market value gets dump and if you think that is the right time to buy and buy immediately because when the price gets an increase in an hour then possible that you will get profited in an hour. This is just for those who are monitoring market value for a long time because if you are just new with this, don't risk your money especially if your money is for your daily needs, you might lose it.
Shasha80
Sr. Member
****
Offline Offline

Activity: 1876
Merit: 318



View Profile
November 08, 2019, 09:35:38 AM
 #66

We must monitor the market as often as possible, to get a dump position. After have dump position, you can immediately buy bitcoin
at that price. After that, immediately set a target sell, don't take too much profit, just 1-2% profit. Do it like that every day of the month
can get about 20% profit. That is my trading pump and dump strategy in short period. But this strategy includes very high risk, sometimes
the price cannot be controlled when we buy in dump position, it will be even more dump soon. So from that use money that we can afford
to lose.

BIGGEST AND MOST
TRUSTED FULLY LICENSED
CRYPTO CASINO
▄▄▄▄█▄█▄▄▄▄
▄█████████████▄
███▀▀███████▀▀███
█▀      ▀█▀      ▀█
███████████████████
███████████████████
█████████████████
███████████████
█████████████
███████████████
███████████████
███████████
▀▀███▀▀
█▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█
█   ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄   █
█   █   ▄  ███    ███   █
█▀▄▀█ ▄███▄ █  ███ █▀▄▀█
█▀ ▀██▀█▀█▀██████  ██▀ ▀█
█   ▄▀▄▀▄███  ██  █   █
█    █▄█  ██  ██ █    █
█    ██  ██  ███    █
█    █  ██  ██    █
▀▄   ▀▄██ ▄▀   ▄▀
▀▄   ▀█▀   ▄▀
▀▄     ▄▀
▀▀▄▀▀
▀▄ ▄▀▄ ▄▀
█▄ ▀█▄▄▀▄▄█▀ ▄█
▀█▀███▀███▀█▀
▄█████████████▄
█████████████████
█████████████████
███████████████
█████████████████
▀█████████████▀
▀██████████████▀
▀█████████████▀
▀█████████▀
▀▀▀█▀▀▀
SPANISH CLUBS
OFFICIAL ASIAN
BETTING PARTNER
ACCEPT
MULTIPLE
CURRENCIES
.
JOIN US
Cherylstar86
Sr. Member
****
Offline Offline

Activity: 1484
Merit: 253



View Profile
November 08, 2019, 03:49:13 PM
 #67

We must monitor the market as often as possible, to get a dump position. After have dump position, you can immediately buy bitcoin
at that price. After that, immediately set a target sell, don't take too much profit, just 1-2% profit. Do it like that every day of the month
can get about 20% profit. That is my trading pump and dump strategy in short period. But this strategy includes very high risk, sometimes
the price cannot be controlled when we buy in dump position, it will be even more dump soon. So from that use money that we can afford
to lose.

Great idea comes to those have experience. Nowadays, needs more patience in terms of trading process since many of us here want a good amount of profit. It's so difficult to know on your own bet but sometimes we experience those losses in able to learn what we have done on our mistakes. Pump and dump needs a lot of time and I don't think many of us here will survive that 1% to 2% of profit a day like a 24hrs monitoring the value of crypto you choose.
Kahoy01
Full Member
***
Offline Offline

Activity: 481
Merit: 100



View Profile
November 09, 2019, 02:18:41 PM
 #68

It goes up and down as demand fluctuates, and that's it.  If those market movements are what you all are referring to, don't call it a P&D.
Market moves because whales make them move. They are having their methods to raise the demand and then dump. How far they are willing to rise or drop is not known. Of course organic growth occurs, but in times of when there is no news to actually give a bullish push whatever rise and fall is occurring will be referred to as pump and dump. Neither is there any method to verify who is selling or who is buying. So there is nothing in referring a large upstroke and a downstroke as pump and dump.



Whales are really doing the manipulation from demand to supply, so in order to take advantage of what they are doing or planning is that you need a 24/7 chart monitoring routine. You need to check and analyze the movement every hour or a couple so you'll know what to happen next or predict.

kanayaTabitha
Sr. Member
****
Offline Offline

Activity: 980
Merit: 252


View Profile
November 09, 2019, 03:11:03 PM
 #69

We must monitor the market as often as possible, to get a dump position. After have dump position, you can immediately buy bitcoin
at that price. After that, immediately set a target sell, don't take too much profit, just 1-2% profit. Do it like that every day of the month
can get about 20% profit. That is my trading pump and dump strategy in short period. But this strategy includes very high risk, sometimes
the price cannot be controlled when we buy in dump position, it will be even more dump soon. So from that use money that we can afford
to lose.

Great idea comes to those have experience. Nowadays, needs more patience in terms of trading process since many of us here want a good amount of profit. It's so difficult to know on your own bet but sometimes we experience those losses in able to learn what we have done on our mistakes. Pump and dump needs a lot of time and I don't think many of us here will survive that 1% to 2% of profit a day like a 24hrs monitoring the value of crypto you choose.

This only works on professional traders which have a lot of skills and trading so they can make sure profits like 1-2% in every trade. But if newbies doing this i'm sure it won't run as expected because taking profits in every trades is hard even it's just 1%. The newbies will experienced loss because they will panic when their coin that they bought drops until 5% and they must be cutloss the trade.
So, for doing stable profits is need a lot of experienced of trading and very high skill.
jrrsparkles
Sr. Member
****
Offline Offline

Activity: 2394
Merit: 253


Eloncoin.org - Mars, here we come!


View Profile
November 09, 2019, 05:06:19 PM
 #70

If you see a huge bump then sell your coins,don't wait for the peak which may not stay at that price for too long then wait for the price to come down below the price you sold earlier,but it may never come as well so it depends on how much profit margin you want to reach and it will test your patience level.Simply its unpredictable market more like gamble so try you luck and wait for the result.









▄▄████████▄▄
▄▄████████████████▄▄
▄██
████████████████████▄
▄███
██████████████████████▄
▄████
███████████████████████▄
███████████████████████▄
█████████████████▄███████
████████████████▄███████▀
██████████▄▄███▄██████▀
████████▄████▄█████▀▀
██████▄██████████▀
███▄▄█████
███████▄
██▄██████████████
░▄██████████████▀
▄█████████████▀
████████████
███████████▀
███████▀▀
Mars,           
here we come!
▄▄███████▄▄
▄███████████████▄
▄███████████████████▄
▄██████████
███████████
▄███████████████████████▄
█████████████████████████
█████████████████████████
█████████████████████████
▀█
██████████████████████▀
▀██
███████████████████▀
▀███████████████████▀
▀█████████
██████▀
▀▀███████▀▀
ElonCoin.org.
████████▄▄███████▄▄
███████▄████████████▌
██████▐██▀███████▀▀██
███████████████████▐█▌
████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄
███▐███▀▄█▄█▀▀█▄█▄▀
███████████████████
█████████████▄████
█████████▀░▄▄▄▄▄
███████▄█▄░▀█▄▄░▀
███▄██▄▀███▄█████▄▀
▄██████▄▀███████▀
████████▄▀████▀
█████▄▄
.
"I could either watch it
happen or be a part of it"

▬▬▬▬▬
djsugar
Sr. Member
****
Offline Offline

Activity: 686
Merit: 262


View Profile
November 09, 2019, 05:22:12 PM
 #71

I prefer futures trading when it comes to multiply the gains during short term pump and dumps. Soon when bakkt launches Bitcoin options, I will jump on trading options for short term trading. Future trading with leverage can help you multiply your profits and can earn you profits in both bear and bull cycle. But be cautious with leverages. You can get robbed of all your money in a single trade if market plays against you and you get liquidated. Therefore, tight stop losses are of prime importance.
the rise
Sr. Member
****
Offline Offline

Activity: 2170
Merit: 273


Vave.com - Crypto Casino


View Profile WWW
November 09, 2019, 11:25:41 PM
 #72

still have to look at Fibonacci for reactions to support and resistance. In the down condition it will also quickly go up because of the retracement with the support line, and if it crosses the line it is certain that the movement will be flat forming a new trend. Although it often looks like manipulation, whales also analyzes existing patterns with additional speculation, here we can read the pattern and begin to determine profit.

LouVandetta
Sr. Member
****
Offline Offline

Activity: 602
Merit: 253



View Profile
November 10, 2019, 08:36:43 AM
 #73

If you see a huge bump then sell your coins,don't wait for the peak which may not stay at that price for too long then wait for the price to come down below the price you sold earlier,but it may never come as well so it depends on how much profit margin you want to reach and it will test your patience level.Simply its unpredictable market more like gamble so try you luck and wait for the result.
That is why it's important to have a target of how much profit you're aiming to achieve. Not saying that it won't go higher than the previous price. But sometimes people likes to wait till the peak price. Then the price goes down below than that. Becoming traders requires you to have all your focus on market movements. Especially if you want to fully handle the pump and dump in a very short period.
Ararbermas
Sr. Member
****
Offline Offline

Activity: 1988
Merit: 283


View Profile
November 10, 2019, 12:02:31 PM
 #74

How to take advantage BTC Pump and Dump in short period?
patience and enough time is a must if you really want to take advantage the pump in short term period. Because if you don't have that you will not become successful and you will end up losing money in it. It's very difficult task to do honestly because of being so volatile of the market . so you better educate your self more before making final decision, so that you know how to control your emotions as well and you know what to do when face a prob. 

Mumbeeptind1963
Hero Member
*****
Offline Offline

Activity: 1190
Merit: 568

Sovryn - Brings DeFi to Bitcoin


View Profile WWW
November 10, 2019, 02:32:42 PM
 #75

How to take advantage BTC Pump and Dump in short period?
patience and enough time is a must if you really want to take advantage the pump in short term period. Because if you don't have that you will not become successful and you will end up losing money in it. It's very difficult task to do honestly because of being so volatile of the market . so you better educate your self more before making final decision, so that you know how to control your emotions as well and you know what to do when face a prob. 


Yes patience is all you need. You may take advantage on it by day trading. It will be very effective now because of the sudden pump and dump of bitcoin, but it will very tricky since we will never know when does the unstable pump and dump will end. But you may do arbitraging too. Not all the market are same in price they differs in every coin that is being listed there.

.#1 DeFi for Bitcoin Platform.            ███   ███
           ███   ███
          ███   ███
         ███   ███
        ███   ███
       ███   ███
      ███   ███
     ███   ███
    ███   ███
   ███   ███
  ███   ███
 ███   ███
███   ███
▄  ▄██████████████████████▄  ▄
 ▀▄ ▀████████████████████▀ ▄▀
  ▀█ ▀████▀ ▄▄            █▀
   ▀█▄ ▀█ ████████████▀ ▄█▀
     ██▄ ▀▀▀▀▀▀▀▀▀███  ██
      ███      ▀█▄ ▀ ▄██
       ███▄ ▀█████ ▄███
        ████ ▀██▀ ▄███
         ▀███▄  ▄███▀
          ▀███▄ ▀██▀
            ████▄ ▀
             ████▀
              ▀█▀
SOVRYN███   ███
 ███   ███
  ███   ███
   ███   ███
    ███   ███
     ███   ███
      ███   ███
       ███   ███
        ███   ███
         ███   ███
          ███   ███
           ███   ███
            ███   ███
.Join Origin Pre-Sale.
████████████████████████████
████████████████████████████
████████████████████████████
████████▀▀▄██████▄▀▀████████
███████  ▀        ▀  ███████
██████                ██████
█████▌   ███    ███   ▐█████
█████▌   ▀▀▀    ▀▀▀   ▐█████
██████                ██████
███████▄  ▀██████▀  ▄███████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
█████████████████▀▀  ███████
█████████████▀▀      ███████
█████████▀▀   ▄▄     ███████
█████▀▀    ▄█▀▀     ████████
█████████ █▀        ████████
█████████ █ ▄███▄   ████████
██████████████████▄▄████████
████████████████████████████
████████████████████████████
████████████████████████████
iv4n
Legendary
*
Offline Offline

Activity: 3136
Merit: 1172



View Profile
November 10, 2019, 03:31:47 PM
 #76

How to take advantage BTC Pump and Dump in short period?
patience and enough time is a must if you really want to take advantage the pump in short term period. Because if you don't have that you will not become successful and you will end up losing money in it. It's very difficult task to do honestly because of being so volatile of the market . so you better educate your self more before making final decision, so that you know how to control your emotions as well and you know what to do when face a prob. 


Yes patience is all you need. You may take advantage on it by day trading. It will be very effective now because of the sudden pump and dump of bitcoin, but it will very tricky since we will never know when does the unstable pump and dump will end. But you may do arbitraging too. Not all the market are same in price they differs in every coin that is being listed there.

Taking advantage in the short period of time is called day trading, and only advantage from that is a profit you make. How to take that advantage and make profit, simply buy in the right time, sell in the right time, do all that again in the right time and there it is.
Of course its much easier to say it then done it, but what the hell, we are all trying to catch perfect moments for buying or selling. Nobody can tell you where is the bottom, and where is the top, you need to try to predict that, use help of course, anything that can help you, but in the end we are the ones who make the call!

▄▄███████▄▄
▄██████████████▄
▄██████████████████▄
▄████▀▀▀▀███▀▀▀▀█████▄
▄█████████████▄█▀████▄
███████████▄███████████
██████████▄█▀███████████
██████████▀████████████
▀█████▄█▀█████████████▀
▀████▄▄▄▄███▄▄▄▄████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀
.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
Hamphser
Sr. Member
****
Offline Offline

Activity: 2478
Merit: 326



View Profile
November 10, 2019, 04:28:56 PM
 #77

If you see a huge bump then sell your coins,don't wait for the peak which may not stay at that price for too long then wait for the price to come down below the price you sold earlier,but it may never come as well so it depends on how much profit margin you want to reach and it will test your patience level.Simply its unpredictable market more like gamble so try you luck and wait for the result.
That is why it's important to have a target of how much profit you're aiming to achieve. Not saying that it won't go higher than the previous price. But sometimes people likes to wait till the peak price. Then the price goes down below than that. Becoming traders requires you to have all your focus on market movements. Especially if you want to fully handle the pump and dump in a very short period.
I think what you shared here is a short-term trading or scalping to take advantage of the pump and dump of the market. The hardest part of trading is this one specially if the market is too volatile because any moment you are trading the price would go dump and that's beyond to your expectations.

███████████████████████
████████████████████
██████████████████
████████████████████
███▀▀▀█████████████████
███▄▄▄█████████████████
██████████████████████
██████████████████████
███████████████████████
█████████████████████
███████████████████
███████████████
████████████████████████
███████████████████████████
███████████████████████████
███████████████████████████
█████████▀▀██▀██▀▀█████████
█████████████▄█████████████
███████████████████████
████████████████████████
████████████▄█▄█████████
████████▀▀███████████
██████████████████
▀███████████████████▀
▀███████████████▀
█████████████████████████
O F F I C I A L   P A R T N E R S
▬▬▬▬▬▬▬▬▬▬
ASTON VILLA FC
BURNLEY FC
BK8?█▀▀▀











█▄▄▄
.
PLAY NOW
▀▀▀█











▄▄▄█
jostorres
Hero Member
*****
Offline Offline

Activity: 2464
Merit: 585



View Profile
November 11, 2019, 06:35:54 PM
 #78

How to take advantage BTC Pump and Dump in short period?
patience and enough time is a must if you really want to take advantage the pump in short term period. Because if you don't have that you will not become successful and you will end up losing money in it. It's very difficult task to do honestly because of being so volatile of the market . so you better educate your self more before making final decision, so that you know how to control your emotions as well and you know what to do when face a prob. 
All you have said is nothing so far from the reality, and it is true that if we must take advantage in this pump and dump of bitcoin, which is more or less like us saying that we are trading, we must have the full knowledge of the market, and then also exhibit some skills, because it is really not so easy to actually take advantage of the market in this time that the volatility is too high and this is what makes many trader do make mistake.

Because of the presence of volatility, you need to be extra careful in handling of trades, and when it comes to emotion, I really cannot say that it is easy to deal with this, but we just have to be a very disciplined person and some one that has its set goal for the market, if we have our set goal for the market, then to take advantage if bitcoin or any other coin dump and pump will be an easy thing.

.
.DuelbitsSPORTS.
▄▄▄███████▄▄▄
▄▄█████████████████▄▄
▄██████████████████████▄
██████████████████████████
███████████████████████████
██████████████████████████████
██████████████████████████████
█████████████████████████████
███████████████████████████
█████████████████████████
▀████████████████████████
▀▀███████████████████
██████████████████████████████
██
██
██
██

██
██
██
██

██
██
██
████████▄▄▄▄██▄▄▄██
███▄█▀▄▄▀███▄█████
█████████████▀▀▀██
██▀ ▀██████████████████
███▄███████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
▀█████████████████████▀
▀▀███████████████▀▀
▀▀▀▀█▀▀▀▀
OFFICIAL EUROPEAN
BETTING PARTNER OF
ASTON VILLA FC
██
██
██
██

██
██
██
██

██
██
██
10%   CASHBACK   
          100%   MULTICHARGER   
carter34
Member
**
Offline Offline

Activity: 1302
Merit: 25


View Profile
November 11, 2019, 08:12:13 PM
 #79

We must monitor the market as often as possible, to get a dump position. After have dump position, you can immediately buy bitcoin
at that price. After that, immediately set a target sell, don't take too much profit, just 1-2% profit. Do it like that every day of the month
can get about 20% profit. That is my trading pump and dump strategy in short period. But this strategy includes very high risk, sometimes
the price cannot be controlled when we buy in dump position, it will be even more dump soon. So from that use money that we can afford
to lose.

I don't think that monitoring the market always will help because it will get you tired and exhausted which could bring in frustration and when you need to get the target hit,cyou miss it. But I support taking small profit as you mentioned. Taking small profit helps trader not to be trapped, the reason for losses could be huge appetite for profit.
logicgate
Sr. Member
****
Offline Offline

Activity: 994
Merit: 252


View Profile
November 13, 2019, 11:42:35 AM
 #80

We must monitor the market as often as possible, to get a dump position. After have dump position, you can immediately buy bitcoin
at that price. After that, immediately set a target sell, don't take too much profit, just 1-2% profit. Do it like that every day of the month
can get about 20% profit. That is my trading pump and dump strategy in short period. But this strategy includes very high risk, sometimes
the price cannot be controlled when we buy in dump position, it will be even more dump soon. So from that use money that we can afford
to lose.

I don't think that monitoring the market always will help because it will get you tired and exhausted which could bring in frustration and when you need to get the target hit,cyou miss it. But I support taking small profit as you mentioned. Taking small profit helps trader not to be trapped, the reason for losses could be huge appetite for profit.
Small profits are effective when we are working with altcoins but in the case of bitcoin I will suggest going for long term trading because it does not fluctuate all the time and you will gradually feel frustrated whereas you can try it with altcoins. Altcoins will be able to produce small profits on daily or weekly basis to keep you contended but for huge money, you have to join bitcoin.  
Pages: « 1 2 3 [4] 5 6 7 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!