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Author Topic: Altcoin pump and dump  (Read 60860 times)
skarais
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November 11, 2020, 06:54:43 PM
 #41

Stay away from altcoin whose price is pump up and then dump away because that is the hallmark of shitcoin. If you don't want to lose then consider not doing it there. You don't need to do further analysis of an altcoin that has been submerged in the market for a long time, it's much riskier and harder to bounce back. One more thing, don't trust the pump signal anywhere, it will only make you cry once you know it's a group game.

Why are you not interested in other altcoin that are already popular today like the top 10-20 altcoin ?
Despite the risk involved, these altcoin are much better than some of the altcoin you mentioned.
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November 11, 2020, 07:07:18 PM
 #42

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.


Actually their are lot of low price altcoin is available in the market.But the issue is only few are trusted and some are fake.Before investing in low price coin,you need to check the background of the project.Now lot of project is coming in cyptocurrency world,so it essential to check the background.Don't think about the price and inverse on Ethereum.

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November 11, 2020, 07:20:48 PM
 #43

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.

You must take into account little money supply, low inflation if it is masternode.

Also a good support from the community and this is seen in the markets.

And finally, to have a complete decentralization ...
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November 11, 2020, 08:04:22 PM
 #44

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.
This is easy, if you want to distinguish between pump and dump coins and those that have real potential then you need to really look at the project and all the circumstances and people behind it, for the most part pump and dump coins are either bad projects with nothing going on for them but hype or gimmicky coins that try to sell a particular characteristic as innovative when it is just another coin with no future, this year we have DeFi tokens, last year we had tokens that reduced their supply, there is always a new tendency on the market and you must never follow it because even if there could be a chance that you get lucky most likely you will lose whatever you invest in it.
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November 11, 2020, 08:29:51 PM
 #45

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.
If you are confused about the authenticity and legitimacy of an altcoin why do not you stick to the top alts that have already earned markets trust and have huge volumes with steady natural growth without any fake pump and dumps.

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November 11, 2020, 09:17:00 PM
 #46

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.

if you don't want to take the risk, thats mean you didn't ready to invest in cryptocurrencies buddy
remember all kind of investments, not only cryptocurrency is risky

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November 11, 2020, 09:27:02 PM
 #47

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.
Well the days of pump and dump coins are over as i do not see pump and dump groups and channels on telegram any more. Also if you trade at the top, established exchanges you will not find pump and dump coins but yes at low quality exchanges you can still find dozens of such coins so to be safe it is suggested to trade at top platforms only.

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November 11, 2020, 09:27:13 PM
 #48

Most of the altcoins have the pump and dump nowadays. If you don't want to have the pump and dump, why don't you choose stable coins? Only stable coins which have less change in price, while other altcoins mostly have a significant change in price. We cannot avoid the pump and dump because there are many people who support and do it. They know how to take advantage of the pump and dump. Why you don't try to learn it?

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November 11, 2020, 11:01:05 PM
 #49

I earned some tokens from the bounty but there is no chance of being pumped because I am constantly sleeping in dump conditions. I find myself shocked when i see that there are lots of tokens in my wallet but there are no tokens to sell. Usually i had invested some token and there still pumping so i can expect few profits after stp of same run.
This is a situation mostly everyone went through in the past, i had these bad experiences where the price of the token i am holding goes down and i still kept on holding hoping that it would pump at a later time and most of the coins are still in my possession and there is no use rather than holding those as some of the projects shut their door from further development after the crash. You should be wise enough to understand when to let go of the tokens if not it will be with you forever  Cheesy.

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November 12, 2020, 12:11:47 AM
 #50

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.

You cannot actually tell. The price is motivated by the demand and the supply of the coin. These are based on how the people  view a project. Any coin can pump when there are a lot of people buying the idea of the project or the product or fomo-ing on the price increase.
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November 12, 2020, 12:33:00 AM
 #51

Pump and dump are normal for new projects, usually, altcoin price somehow becomes stable once the project becomes established. But take note that even projects that are already established are susceptible to pump and dump not because of manipulation but due to the inherent volatility of the market. There is no specific metric but you can consider the total supply as a good indicator, the lower the supply is the easier the price changes in the market, but it still depends on the market volume.
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November 12, 2020, 01:03:17 AM
 #52

Pump and dump are normal for new projects, usually, altcoin price somehow becomes stable once the project becomes established.
I agree with you, it happens because liquidity is very small,
to avoid large volatility, liquidity must be increased so that pump and dumps do not occur frequently,
if the occasional pump and dump happens this is normal because usually the chart conditions are in a bearish and oversold state, so without any good news the price will pump due to a reversal.
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November 12, 2020, 01:13:58 AM
 #53

Honestly, most of them are like that - pump and dump. You have the idea how they move like so this time you're wise to ask question before investing. Always DYOR, this is the most important if you are unsure of what you will be investing.
The possibility to tell a project is just a scam is easy. Fake team, copied whitepaper, fake volume and any other questionable issues that you can found through researching.



 

 

 

 

 

 


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November 12, 2020, 01:37:24 AM
 #54

well, it's hard to tell.
Pump and dumps don't have to be orchestrated by the project team itself.
usually with good projects it's done by 3rd parties, like marketing firms who were paid in these coins, or exchanges.
For example, one project i'm following paid bitcoin.com exchange listing in their coin, and they dumped their bags few days ago and downed the price by 95%.
That is indeed like that most of the time.
If a project plans to pump and dump in the first place it will be marked as ponzi scheme afterwards I believe.
So its really hard to see which project will be profitable for regular investor beforehand.

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November 12, 2020, 03:25:16 AM
 #55

To find out something like this, in my opinion, it is very difficult to trade Altcoins at this time, because the current Altcoin price cannot be predicted well, especially now that there are many new Altcoins, but my advice if you want to buy Altcoins on the exchange don't ever buy new Altcoins that are listed on exchanges, it's better to buy Altcoins that have been on the exchange for a long time and look for high volume, because if you buy new Altcoins there will be a big risk and you will experience losses.

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November 12, 2020, 03:42:28 AM
 #56

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.
This is not a strange thing in the crypto space, there will still be projects that will PUMP and DUMP, if you are lucky you can x x many times your assets, others you can lose everything both. I think this is a game more like a bad luck game than we go to find out and analyze the potential and value of such projects.
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November 12, 2020, 03:47:28 AM
 #57

Most of the time Altcoin's pump or dump depends on Bitcoin's pump or dump.
 Bitcoin pump or dump is Altcoin dump.
 Altcoin is pumped only when Bitcoin is stable
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November 12, 2020, 04:54:22 AM
 #58

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.
This is not a strange thing in the crypto space, there will still be projects that will PUMP and DUMP, if you are lucky you can x x many times your assets, others you can lose everything both. I think this is a game more like a bad luck game than we go to find out and analyze the potential and value of such projects.
I know only a potential coin make you beneficiary, the current markets are good, and pretty much just bullish. In crypto industry pump and dump are definite things, just keep buying and trading all these alt coins and convert it btc and eth or fiat, this is the manner by which you keeping up storing all this quick altcoin profits.
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November 12, 2020, 05:09:47 AM
 #59

Crypto is still in a consolidation phase right now because of the recent voting election. It really affects the market and the pump and dump of altcoins. just DYOR when entering some shady project or just don't just to make sure.
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November 12, 2020, 05:19:03 AM
 #60

If you buy a coins dump or a fast pump, you have to be careful, don't be greedy, take profits, never wait until the price of the coin rises too high, you will experience a loss, therefore you have to maximize the profit no matter what profit you get. sell it quickly, never wait too long.


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