How to take advantage BTC Pump and Dump in short period?
We should not do so because it is a risky action for ordinary speculators. we should only deal with the trend. but a trend reversal will have a low probability of accuracy and we will be more likely to lose. I have tried many times to catch the top or bottom of the BTCUSD pair to execute Short or Long orders, but I have many times failed even though the indicator is very clear. so don't try to be greedy, it just makes us lose more.
You only rely on the trend? what happen if there's no trend for that day? Meaning you will not earn right? So better know how to work with it so that we can earn on the fundamentals if we want to spot the correct dump and pump scheme with bitcoins although the market is unpredictable but still we can earn with it and gain a huge chances since we know how to do a counter action when sudden changes appears.
There are several ways to trade the markets but no matter what style you use you are always going to depend that the price trends in the direction that you predicted and if that doesn't happen then you do not make money and this is true for all traders.
That is why it is so important to spend all the time possible that you can to try to increase the accuracy of your predictions that way you will get a lot of confidence when you make your trades since you know that you have a very high chance of winning that particular trade.
