Any clue about the amount to buy or sell to influence the price trend?

[crzy]

There's a lot of pump and dump group playing in the market, even though they don't agree at the same time but it looks like they can really move the market up, just like what happened on Doge where I see a post from their telegram group of 100k individuals I guess, they decided to move the market up and now, its down again.

It takes guts to organize such group and you must be good on talking to people, this is quiet alarming to see such group but we can't do anything about it, those pump and dump group will continue to manipulate the market so as an individual trader, its better to stay focus on your holdings and don't focus much on the hype.

[justdimin]

There's a lot of pump and dump group playing in the market, even though they don't agree at the same time but it looks like they can really move the market up, just like what happened on Doge where I see a post from their telegram group of 100k individuals I guess, they decided to move the market up and now, its down again.

It takes guts to organize such group and you must be good on talking to people, this is quiet alarming to see such group but we can't do anything about it, those pump and dump group will continue to manipulate the market so as an individual trader, its better to stay focus on your holdings and don't focus much on the hype.

That is not the only one, in smaller places we are talking about easier movements, but even in bitcoin we could have a pump and dump just like we have seen recently. Elon Musk wrote bitcoin on his twitter bio and suddenly bitcoin moved from 32k to 38k prices for example, which is not really shocking for anyone who has seen his influence before but it is obvious that we are in the same boat as the altcoins when we are talking about bitcoin.

Definitely it requires a lot more money, probably around 10-20+ million dollars all going into the market at the very same time, maybe even more money, but the reality is that it could still happen no matter how much it costs. Sure altcoins could be done with just few thousand dollars, depending on which altcoin, but only difference between a small altcoin and bitcoin is the amount, otherwise both could be done.

[ChrisPop]

There have been lots of signals and pump & dump groups created along the time, especially in the crypto space which is quite unregulated. However it is very hard to influence the price anymore especially on higher capitalized coins like Bitcoin, Ethereum, LTC. Unless you are an ultra high net-worth individual or you represent an off-shore hedge fund which does not have to obey strict regulations regarding the assets and actions you can take on the market, you should take your thought from this kind of actions. Personally I discourage both pump&dump and signals groups. Besides being illegal, a lot of beginners get caught in this schemes and lose important sums of money.

[davis196]

hi,
I see that price trend is influenced by the amount of crypto bought or sold but I don't know the level that can create that panic to demand you to buy or sell too...
More, have you considered organizing yourself in groups for trading based on a schedule? For instance, you create  a group of 10-100 people, you agree by voting what you'll do, sell or buy and then you go in group by buying or selling knowing exact timing? Is this kind of strategy profitable? Did you try it? Wanna try it?

cheers

No,I have never participated in pump/dump groups and I don't plan to organize such group.
If it was so easy for pump/dump groups to manipulate the cryptocurrency prices,then the internet would be full of pump/dump crypto groups.It's really difficult to gather 100 people,who have enough capital and are willing to unite their forces in trying to manipulate the markets.
I don't know why pump and dump groups are considered illegal.Isn't a trust fund or a hedge fund organized on a similar principle-Many people put their capital into a fund,that is managed by a few skilled traders.
The only different with pump/dump groups is that the traders perform the trades by themselves,without having to give their capital to a trust fund manager.

[taufik123]

There's a lot of pump and dump group playing in the market, even though they don't agree at the same time but it looks like they can really move the market up, just like what happened on Doge where I see a post from their telegram group of 100k individuals I guess, they decided to move the market up and now, its down again.

It takes guts to organize such group and you must be good on talking to people, this is quiet alarming to see such group but we can't do anything about it, those pump and dump group will continue to manipulate the market so as an individual trader, its better to stay focus on your holdings and don't focus much on the hype.

The pump and dump group is a practice that is not allowed, because it will make many people suffer losses because of the FOMO they make. But for example DOGE does not only come from the pump and dump group, but also because the tweet from Elon Musk which we know is very influential. Whatever you tweet will increase.

[taufik123]

This is where the hype started, now those who lose money can’t blame anyone because its their fault to follow the hype and its their liability if they lose the money. There’s a lot of influential group where they can really pump or dump the market, but I’m sure only the creator are benefiting on that, and the rest will suffer just like the late comers. Save yourself from those pump and dump, take profit right away and stay focus on the market.

The person who created the pump and dump group would have bought the coins first, which would be used as a pump practice. groups of thousands of people can create flash pumps as well as flash dumps. Hype like this is very detrimental, many will lose money. Even though they indirectly lost, they still held the coins they bought, but the price of these coins fell by 20%-to 50%.
But behind all these losses, some people who already have coins that will be pumped, whether intentionally or not, will feel lucky because of the drastic increase.

[JooBra]

There's a lot of pump and dump group playing in the market, even though they don't agree at the same time but it looks like they can really move the market up, just like what happened on Doge where I see a post from their telegram group of 100k individuals I guess, they decided to move the market up and now, its down again.

It takes guts to organize such group and you must be good on talking to people, this is quiet alarming to see such group but we can't do anything about it, those pump and dump group will continue to manipulate the market so as an individual trader, its better to stay focus on your holdings and don't focus much on the hype.

The pump and dump group is a practice that is not allowed, because it will make many people suffer losses because of the FOMO they make. But for example DOGE does not only come from the pump and dump group, but also because the tweet from Elon Musk which we know is very influential. Whatever you tweet will increase.

Well pumps and dumps are bad but attention from Elon Musk is a good thing since it brings more people to crypto. Safest bet is top 10 coins which prices can't be manipulated so easy. Rest can be affected buy pumps and dumps but only for shorter time.

[taufik123]

Well pumps and dumps are bad but attention from Elon Musk is a good thing since it brings more people to crypto. Safest bet is top 10 coins which prices can't be manipulated so easy. Rest can be affected buy pumps and dumps but only for shorter time.

Elon Musk gave public attention to the cryptocurrency as well as the DOGE coin he idolized. Just look at how much he looks when he makes twitter status and makes DOGE coins increase 1000% in a day. The top 10 coins can also be manipulated, Bitcoin alone can be manipulated by several groups called whales and that is very influential.

[tygeade]

I see that price trend is influenced by the amount of crypto bought or sold but I don't know the level that can create that panic to demand you to buy or sell too...
More, have you considered organizing yourself in groups for trading based on a schedule? For instance, you create  a group of 10-100 people, you agree by voting what you'll do, sell or buy and then you go in group by buying or selling knowing exact timing? Is this kind of strategy profitable? Did you try it? Wanna try it?

When you  create groups to buy and sell at the same time, it is what’s called P&D Groups (pump and dumps), and in regulated market it is considered as something illegal to do.

I cannot tell if that’s the same with cryptocurrency trading since it is not regulated by the government, but it seems totally wrong to me since most of the people that does that are usually targeting small cap coins that they will easily pump and dump and then render these coins useless which is totally wrong.

[Lanatsa]

hi,
I see that price trend is influenced by the amount of crypto bought or sold but I don't know the level that can create that panic to demand you to buy or sell too...
More, have you considered organizing yourself in groups for trading based on a schedule? For instance, you create  a group of 10-100 people, you agree by voting what you'll do, sell or buy and then you go in group by buying or selling knowing exact timing? Is this kind of strategy profitable? Did you try it? Wanna try it?

cheers

You are simply talking about pump and dump group which it had been known in this market and yes, you can do that but you would really be getting's lots of
negative feedbacks or criticisms towards to on that.Why? You are most likely trying to deceive out specially those noobs around.

Also you cant be sure that out of that 100 member of yours will really not tend to secure their profits out first when you do all decide to pump a certain coin?

They will surely make out some assurance and wouldn't are if he's part of the group on having the same motive. Good luck into that.

[Sled]

hi,
I see that price trend is influenced by the amount of crypto bought or sold but I don't know the level that can create that panic to demand you to buy or sell too...
More, have you considered organizing yourself in groups for trading based on a schedule? For instance, you create  a group of 10-100 people, you agree by voting what you'll do, sell or buy and then you go in group by buying or selling knowing exact timing? Is this kind of strategy profitable? Did you try it? Wanna try it?

cheers

The answer is no.

If you wanted to influence the market better do it religiously without hurting anyone. And I don't think we need to influence the market for the sake to make money.

If you have the guts of doing it, then have tried it. Let's see what will be the result or you will just end up losing the same to the previous pump and dump group.