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Author Topic: Altcoins with 1000% Plus Profits  (Read 786 times)
mersal
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August 28, 2020, 04:45:54 PM
 #21

Low volume currency , they can easily manipulate the price by giving fake trades and increase the price that way. Its not an honest trading views this just manipulated by owner or one of the supply holders so they can exit with high profit selling it to other traders.

No legitimate currency can give that profit in a day only shit coins do that.
So, If I want to invest in this, is it going to be a waste or I can have profit as well? Thanks.
Literally you are falling into the traps if you are going to invest on such coins, these values are just pumped by shitcoin whales for small profit making, randoms might get attracted to the price growth but if you are going to invest on a coin or token which doesn't have 1000BTC as daily trading volume then you will loe your money for sure.

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August 28, 2020, 04:52:39 PM
 #22

Do not fall into these altcoins. At first, look at the daily trading volume, I bet that these coins do not have any volume, that's why the price could fluctuate by thousands of percents a day. Secondly, you don't want to buy an altcoin that already grew by 10 times right?


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August 28, 2020, 05:14:09 PM
 #23

Some people get so excited when they see huge percentage gains on some coins and buy even without due diligence. This way, you will get rekt because more than half of such coins have rubbish trading volumes. Most are pump and dump coins.
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August 28, 2020, 06:16:50 PM
 #24

Hey Guys,

Can someone explain what are these altcoins and what is the exact reason of so much growth in just 24 hours?
Are they scam or legit? Thanks.

Image:

Well, after I investigated the coins I saw they were low volume and listed on a small exchange.
Keep in mind, the smaller the volume the easier the price will be to manipulate.
For example, you can buy at $ 1 and sell it at $ 10 and you who buy it at $ 10 will make the price go up to 1000%.
its clearly manipulate by fake order . coins with unrational growth in a day should not bought.we must becarefull when see this kind coins , many beginer trader trapped on growth percentages only, they didnt match it with trading volume and buy or sell order. better to leave this project and used our money into major coins only.
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August 28, 2020, 06:26:40 PM
 #25

Amazing to think, you will earn enormous in just 24 hours. If you are a smart trader and investors and you are aware about this pump for sure you will earn huge amount but don't be deceived with such market manipulation because at the end you will cry. Always do a research before investing and buying those low volume coin in the market.
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August 28, 2020, 06:53:41 PM
 #26

I am just coming across the projects for the first time, however to the best of my knowledge, it is a clear manipulation to attract the greedy ones then dump everything on them. For any coin with this massive profit in 24 hours, carryout a thorough research on the coin you will be amazed on what you will find out, however most times it is better to just ignore this type of projects and their insane pumps, because it leads to no good end. In addition, just to add, low volume altcoins are prone to this, because it is quite easy to manipulate everything, thus once those involved in the manipulations have attracted enough people, they exit the trade and count their gains while the others count their losses; hence why it's always good to invest in good and reliable coins.

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August 28, 2020, 07:00:30 PM
 #27

I come across a lot of tokens like this and the pump is fake. it's all just whales manipulation and there is no way we can profit from trading these tokens. it's all set up and it's just a futile pump. Best of all, you should only focus on trading or holding valuable coins, do not be greedy to hold junk coins like this. Many have been and they seem to have lost it all.

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August 28, 2020, 07:01:01 PM
 #28

it's no wonder that altcoins can go up so many times common in defi-based altcoin many ivestors like  defi so defi is now becoming popular unfortunately yesterday I could not take moment it and I am waiting for the next project defi as my investment

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August 28, 2020, 07:26:57 PM
 #29

Some people get so excited when they see huge percentage gains on some coins and buy even without due diligence. This way, you will get rekt because more than half of such coins have rubbish trading volumes. Most are pump and dump coins.
Yes, the majority of the coins with such gains are simply pumped and dumped. New entrants in the crypto market are susceptible to fomo because of such coins.
In my opinion the best strategy right now is to invest in the biggest coins in the market, which are good and well-tested projects.

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August 28, 2020, 07:36:40 PM
 #30

Hey Guys,

Can someone explain what are these altcoins and what is the exact reason of so much growth in just 24 hours?
Are they scam or legit? Thanks.

Image:


To me it is nothing more than a price pump, what else can it be! even the coin with the most use case won't have such high percentage growth organically, this type of growth is not normal, only a manipulation can make the price to grow this much, although it is a positive thing to those who hold this tokens because they must have gain alot of profit during this time.

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August 28, 2020, 07:41:27 PM
 #31

Hey Guys,

Can someone explain what are these altcoins and what is the exact reason of so much growth in just 24 hours?
Are they scam or legit? Thanks.

Image:

Seriously? You are thinking about investing on these coins?

No one with a mind will do such things.

Just look at their trading volumes it will be in hundreds or in thousands which also could be a fake volume reported by the shady exchange itself to scam you.

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August 28, 2020, 07:43:53 PM
 #32

Projects like these have only one purpose: pump and dump. In the past I have seen many projects like that, they don't have investors so the dev team can pump it easily and get the trapped for newbie, then the price will keep falling and until it is completely dead


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August 28, 2020, 07:49:25 PM
 #33

https://coinmarketcap.com/currencies/utrust/markets/
look at this one. if you count from the very bottom, then it gave much more than 1000 percent

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August 28, 2020, 08:31:23 PM
 #34

Can someone explain what are these altcoins and what is the exact reason of so much growth in just 24 hours?
Are they scam or legit? Thanks.
It is not a big surprise that you see some coins that usually pump on a daily basis. If you look at the market you will find some other coin pumping and the risk on being a bag holder is much higher for these coins as you never know when they will be dumping the coins. If you are smart enough you can make a huge profit jumping in these pumps if not it is better to stay away from them.

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BeginToMine
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August 28, 2020, 08:35:47 PM
 #35

Coins are seasons and trading is for people with minds. A coin can make one wealthy and a coin can send one to village. Being patients really pays and I must say crypto is a place for patients. Any coin can do any percent hence there's investors and it's tradable. Also if team could do well. Project can go to it's zenith. Anything can happen in Crypto which I always tell people.

angrybirdy
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August 28, 2020, 08:38:55 PM
 #36

Low volume currency , they can easily manipulate the price by giving fake trades and increase the price that way. Its not an honest trading views this just manipulated by owner or one of the supply holders so they can exit with high profit selling it to other traders.

No legitimate currency can give that profit in a day only shit coins do that.
So, If I want to invest in this, is it going to be a waste or I can have profit as well? Thanks.
It depends, but you will be facing a huge risk. As he said, it has a low volume currency, it is being manipulate. If you ride the wave, the possibility for you to lose your investment is very high. If you can take the risk for the sake of making a profit, that will be depend on your decision. But the outcome is unknown and will always depends on your own action.

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restuibu
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August 28, 2020, 08:43:07 PM
 #37

in a lifetime, only now have I seen such a great pump in 24 hours (308314.8%)Shocked, even bitcoin which is king in crypto has never experienced such volume in 24 hours, projects like this are clearly manipulating volume and they try to attract investors after which they will leave

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August 28, 2020, 10:50:26 PM
 #38

It looks like market manipulation. Some exchanges use bot trading to do this and some projects use low volume trade to shows data like this to attract investors. You should be careful when seeing this type of unusual price growth in a project. Shit project does this to fool investors and if you look that's tokens 24-hour volume then you will see there is very low volume.
If you realize that there is a market that is manipulating then you should be able to avoid that coin and avoid that market because usually if you enter then you will have difficulty withdrawing assets and other cases that can make you lose.
CaVO32
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August 28, 2020, 11:36:41 PM
 #39

It looks like market manipulation. Some exchanges use bot trading to do this and some projects use low volume trade to shows data like this to attract investors. You should be careful when seeing this type of unusual price growth in a project. Shit project does this to fool investors and if you look that's tokens 24-hour volume then you will see there is very low volume.
If you realize that there is a market that is manipulating then you should be able to avoid that coin and avoid that market because usually if you enter then you will have difficulty withdrawing assets and other cases that can make you lose.

You can get a glimpse of what is really going on with those coins if you will check their website, social media channels, whitepaper or roadmap. Because such price increase is really overwhelming and most of the time, it is owed to market manipulation of the team themselves. As those mentioned coins by the OP are really not popular here, it means more than likely they are just pump and dump coins, so be careful in touching those coins.

in a lifetime, only now have I seen such a great pump in 24 hours (308314.8%)Shocked, even bitcoin which is king in crypto has never experienced such volume in 24 hours, projects like this are clearly manipulating volume and they try to attract investors after which they will leave

That's not organic growth so it is more of price manipulation. People should not be tempted to buy because more than possibly, it is a trap to those who will be tempted to buy.

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August 28, 2020, 11:56:34 PM
 #40

Coins are seasons and trading is for people with minds. A coin can make one wealthy and a coin can send one to village. Being patients really pays and I must say crypto is a place for patients. Any coin can do any percent hence there's investors and it's tradable. Also if team could do well. Project can go to it's zenith. Anything can happen in Crypto which I always tell people.
I am gonna stick with your thought. I have invested in XRP, TRX and BAT. I am gonna stick until i get 10-20%.
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