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Author Topic: Altcoin pump and dump  (Read 60860 times)
emmaglory5
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November 11, 2020, 02:41:25 PM
 #21

Pump and dump scams involve two groups of people. First, there are the players who artificially increase the price of a coin by promoting or endorsing it. While the modus operandi has changed, pump and dump schemes are alive and kicking in the altcoin market due to its unregulated nature.

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November 11, 2020, 03:12:56 PM
 #22

If you think it's a pretty good opportunity, I suggest doing research on the project and their team. If the project has a good realistic value and they also have a credible team (it has been on blockchain or crypto for a long time) I think it is worth considering, the key is the realisticity of the project and its team

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November 11, 2020, 03:16:54 PM
 #23

The previous years had already conditioned our minds not to believe all these prices pump already, I didn't even buy some tokens because I'm seeing this could just be a bull trap once again.  The top altcoins are acting the same way so you might just be buying the top ones just to be safe even if it means holding it for long term.

Pump and dump scams involve two groups of people. First, there are the players who artificially increase the price of a coin by promoting or endorsing it. While the modus operandi has changed, pump and dump schemes are alive and kicking in the altcoin market due to its unregulated nature.

Today they can just do it using the exchange by biding high price while the number of tokens demanded is just too small. It doesn't need to have hundreds of USD to do it. They can even use the bots and that makes it easy for them to make money out of it.

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November 11, 2020, 03:18:01 PM
 #24

Hey guys,
I've checked some intersting altcoins which are pretty cheap now, the projects look promising and legit but I'm still afraid that they could be another pump and dumps (there were so many of them already!). What are the signs or metrics that send alert signals about the projects and I should check deeper or not risk my money? Or is it just impossible to tell if it's another pump and dump scam project.
Why are you afraid of making mistakes? You have to learn to make decisions on your own or else you won't get better at whatever you are doing, find a way that works for you, if you make mistakes just learn from it and continue, people still make money even from pump and dump projects but I'm not advising you to invest on pump and dump project.

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November 11, 2020, 03:21:37 PM
 #25

Hey guys,
I've checked some intersting altcoins which are pretty cheap now, the projects look promising and legit but I'm still afraid that they could be another pump and dumps (there were so many of them already!). What are the signs or metrics that send alert signals about the projects and I should check deeper or not risk my money? Or is it just impossible to tell if it's another pump and dump scam project.

Pump and dump is the natural process of altcoins. If you find proper project and keep update regularly in their telegram and other social medias or website, you can get update message of listing, token burn, update, swap, partnership and many updates. This updates can put positive or negative impact on its coin price. An ideal investor keeps updates regularly after investment. To find out you can check whitepaper, team, website and other details. If you finds any suspicious any information, avoid this project from investment.
Pump and dump is good process how give us much profit later, how come if coin always have pump and when we will entry to get profit. Many investor try to make many way how to see some coin with dump and give bad news to make many people panic for selling, they take chance to buy and invest with altcoin during many people panic for selling, this the moment where many people get chance with our panic moment to get later on higher price after investing. Don't worry if you see some coin have lower price because they will back later to higher price during bitcoin keep touch higher price and give impact for bitcoin raise up. If waiting altcoin always on the top price we can't entry because afraid when altcoin back lower price, so we have waiting when altcoin back to lower price for investing.

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November 11, 2020, 03:27:33 PM
 #26

I would say to do short term investment, because there are few coins like kava, travila and few more these are fluctuating every week like the price goes up and down again. Buy more quantity and sell for reasonable profit trust me you will get good return.

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November 11, 2020, 04:06:14 PM
 #27

before the sideways Bitcoin price the altcoin market will continue to be bearish,
especially when the Bitcoin dump, of course the altcoins will follow, and it happened yesterday,
Pump and dump happen continuously, it is very annoying, but it's part of the cycle.



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November 11, 2020, 04:07:28 PM
 #28

Hey guys,
I've checked some intersting altcoins which are pretty cheap now, the projects look promising and legit but I'm still afraid that they could be another pump and dumps (there were so many of them already!). What are the signs or metrics that send alert signals about the projects and I should check deeper or not risk my money? Or is it just impossible to tell if it's another pump and dump scam project.

They are really interesting altcoins but you still need proper research about the token so that you can avoid huge loses if ever. Pump and dump in altcoins are usually normal but not all altcoins has a sign of good project that's why need to be careful and do a proper research.

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November 11, 2020, 04:07:39 PM
 #29

Hey guys,
I've checked some intersting altcoins which are pretty cheap now, the projects look promising and legit but I'm still afraid that they could be another pump and dumps (there were so many of them already!). What are the signs or metrics that send alert signals about the projects and I should check deeper or not risk my money? Or is it just impossible to tell if it's another pump and dump scam project.
Not going to lie, it is going to hard to say if a project that is doing "good" is going to scam or not. I mean, there are projects that blatantly scream scam. You can see those altcoins price rising like 300x, even 1000x in few days. Those coins get pumped, dumb people fall for those pump, invests good amount of money in those shit coins, and then the developers instantly dump those coins. Only few (like 2/3 people and all the developers) make the profit while others (especially those who joined in late) loses almost everything.
I would say don't waste your time and money investing in those unknown new altcoins. Go for the well established and coins with active community. Lesser risk and more rewarding in the long run.

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November 11, 2020, 04:10:44 PM
 #30

it's really hard to tell the difference between pumps and dumps token to legit tokens, since you've mentioned that you think they are promising may we ask what coins is it and what came into your mind that saying they are promising?

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November 11, 2020, 04:12:01 PM
 #31

Hey guys,
I've checked some intersting altcoins which are pretty cheap now, the projects look promising and legit but I'm still afraid that they could be another pump and dumps (there were so many of them already!). What are the signs or metrics that send alert signals about the projects and I should check deeper or not risk my money? Or is it just impossible to tell if it's another pump and dump scam project.
All are starting with very cheap price for them to make big profit in the end, yes it is promising that they gonna get you a big profit when you buy some. Nah if you are really looking for a good pump you always look for good trading sites that offers legit altcoin which gives you good profit in the end. If they gonna scam it in the end then you should start learning for more about facts, About pumping and dumping the owner can still manipulate it.
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November 11, 2020, 04:17:13 PM
 #32

it's really hard to tell the difference between pumps and dumps token to legit tokens, since you've mentioned that you think they are promising may we ask what coins is it and what came into your mind that saying they are promising?

The word promising carried a lots of information that will give investors an outlook for future potentials, it's not just because of
how the developers build their whitepaper or something from the groups of people who are pointing to the project but there are
many factors to consider, most invetors and traders look with the usages and addition to the entire industry, if the project have it
then interest will flow around.
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November 11, 2020, 04:35:32 PM
 #33

it's really hard to tell the difference between pumps and dumps token to legit tokens, since you've mentioned that you think they are promising may we ask what coins is it and what came into your mind that saying they are promising?

promising can be Those coins that promised big returns . that's one indication to tell if the token is legit or a pump and dump  . I will go on the projects that do what they say and not those who only promise like this and that but with no to Less action that are applied .

interesting coins can be different because those coins can be fresh on our eyes and have a smart and meaningful purpose  . He can go on to those interesting coins than to those promising ones .
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November 11, 2020, 04:53:20 PM
 #34

New crypto coin shows this type of sudden pump and dump most of the time. And it's really hard to know the exact time of this circle before. I have seen few place and group where you may get alert about the pump earlier, but those news have no surety. And there is a high chance to fall in the trap of new altcoins pump and dump circle. So I think you should choose top coins of crypto market. Then analyze and observe the market, and gain profit slowly.

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DU18
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November 11, 2020, 05:07:29 PM
 #35

New crypto coin shows this type of sudden pump and dump most of the time. And it's really hard to know the exact time of this circle before. I have seen few place and group where you may get alert about the pump earlier, but those news have no surety. And there is a high chance to fall in the trap of new altcoins pump and dump circle. So I think you should choose top coins of crypto market. Then analyze and observe the market, and gain profit slowly.

It is indeed very difficult for us to predict how the current crypto alt coin price movement because the slightest negative issue that spreads cryptocurrency will definitely make alt coin prices experience a significant price decline, and vice versa, so we must be observant in seeing how current conditions are so that with, so we can guess a little about where the market will move in the future, like now, one of the major events has happened, namely the election of Biden as the new president of America and I really think it will have a little impact on cryptocurrency in the world.

pandanaran
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November 11, 2020, 05:51:01 PM
 #36

It would be nice before you want to question coins, let alone planning to invest in them, please state the coins you mean, at least some members can research and advise. If so then it is difficult to investigate, but it is up to you because you know about the coin. a little extra that to minimize the risk of loss, it's better to invest in the top coins only.

Inkdatar
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November 11, 2020, 06:15:17 PM
 #37

It would be nice before you want to question coins, let alone planning to invest in them, please state the coins you mean, at least some members can research and advise. If so then it is difficult to investigate, but it is up to you because you know about the coin. a little extra that to minimize the risk of loss, it's better to invest in the top coins only.
There are so many new project these days and it is hard what coin to invest. But usually I prefer the top coins also to minimize the risks. Crypto market is volatile so prior investing it is necessary to research which is good project to invest. We all know there is pump and dump altcoins so better let's due diligence which could help us to decide.
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November 11, 2020, 06:33:48 PM
 #38

Hey guys,
I've checked some intersting altcoins which are pretty cheap now, the projects look promising and legit but I'm still afraid that they could be another pump and dumps (there were so many of them already!). What are the signs or metrics that send alert signals about the projects and I should check deeper or not risk my money? Or is it just impossible to tell if it's another pump and dump scam project.

Unfortunately, you cannot determine 100% what will happen to this or that altcoin in which you want to invest. Even having a working product does not give a 100% chance of success for any crypto project. You must understand that if it were easy to determine which project and its cryptocurrency would be successful and which would not, then everyone would be able to make a lot of money. But this cannot be, because someone would make money. the other has to give the money. You will have to try hard to make the best choice. Personally, I have been choosing infrastructure projects lately, since they are launched focusing on the crypto market and its needs, and then one cannot say 100% that all such projects will be successful.
qualitywork
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November 11, 2020, 06:35:52 PM
 #39

It's too difficult to predict anything when it comes to altcoin as we have not witnessed an appropriate pump when it comes to altcoins, it's bit risky to invest into altcoins at this point. We have already missed the right time to invest into altcoins.

All it will take is hardly few moments to shatter the altcoin market as it doesn't fightback like Bitcoin.

Wicked17
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November 11, 2020, 06:38:02 PM
 #40

Hey guys,
I've checked some intersting altcoins which are pretty cheap now, the projects look promising and legit but I'm still afraid that they could be another pump and dumps (there were so many of them already!). What are the signs or metrics that send alert signals about the projects and I should check deeper or not risk my money? Or is it just impossible to tell if it's another pump and dump scam project.

no one can ever tell if an altcoin is just a pump and dump. You have to understand the risk of investing to altcoin but somehow looking into their plan will make it more interesting. Hope well find good ones soon for long term

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