Anybody else confused by the dead-coins pump ?

[tygeade]

All altcoins have developers and there are early investors. With these factors in place, it is already difficult to call such projects decentralized, but I do not support the opinion that it is not worth investing. It is worth investing, but it is important to determine the timing of investment. I agree that you should not invest in various altcoins for many years ahead, only bitcoin is suitable for that, everything else can turn into a scam at any time.

That is a new thing in the crypto world that we need to get rid of. Developers of the old times would create a project, and they would publish the wallet and there would be zero owners the day they publish it, no owner would have any coins, nobody would buy from early stage, nothing.

We would all mine it early on, and if we mined enough then we would make some money, if we didn't then we won't. This was decentralization, nobody had control over them and that's how it worked. Nowadays owners are distributing the tokens like candy, and early investors are getting quarter of all the supply in a single day, and then we expect it to go up, which is hard that way and it's a futile effort.

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[Furious 7]

Yep, in the end, this condition is still the same as before because indeed some coins that die in the end will only become coins which are indeed one of the things that are used as pump and dump gambling.
Some of us may be happy with this because we can still take advantage of the momentum when we are in the initial entry but we must be aware that this condition will not always be profitable and it is advisable not to do something like this in their current condition.

Some whales like this pump and dump game, so they are looking for moribund coins to pump and dispose of them. This is what makes many people deceived by this game because they don't know the plans of the people who do the pumping. They could only keep up and in the end, it would be them who would lose.

And if we want to keep up with the pump of the dying coin, we must remember that once we can get a decent profit, we have to get out of the game immediately and never try to chase profits again. That can make us experience big losses. We also must know not to use all our money because that is a big risk.

We have to realize that we are not whales in a matter like this, even though we can still take advantage of such conditions, this is only for people who are ready to lose.
As for what is happening now, it is people who are joining in without seeing the actual conditions that make them actually stuck at the top.
There have been many examples of this and even if I see some meme coins like this even I have seen it since a few years before with many complaining but they have never been deterred by something like this.

[Rengga Jati]

We have to realize that we are not whales in a matter like this, even though we can still take advantage of such conditions, this is only for people who are ready to lose.
As for what is happening now, it is people who are joining in without seeing the actual conditions that make them actually stuck at the top.

We are aware of this and even we also must really understand and be aware of this if we are not whales like them. Even though we may also have the chance to take advantage of this moment to benefit from the pump and dump scheme, this is a very high risk. Because, if we enter and leave at the wrong time, then we will actually lose our money. moreover, we can't expect coins like that to go up anymore, can we? Because usually dead coins won't pump many times. So this might be more gambling for us, especially for newbies. It would be better avoided. This scheme is like a trap for the victims of the hype of dead coins that will be always dead coins again.

[carlfebz2]

We have to realize that we are not whales in a matter like this, even though we can still take advantage of such conditions, this is only for people who are ready to lose.
As for what is happening now, it is people who are joining in without seeing the actual conditions that make them actually stuck at the top.

We are aware of this and even we also must really understand and be aware of this if we are not whales like them. Even though we may also have the chance to take advantage of this moment to benefit from the pump and dump scheme, this is a very high risk. Because, if we enter and leave at the wrong time, then we will actually lose our money. moreover, we can't expect coins like that to go up anymore, can we? Because usually dead coins won't pump many times. So this might be more gambling for us, especially for newbies. It would be better avoided. This scheme is like a trap for the victims of the hype of dead coins that will be always dead coins again.

Whales are indeed the ones who do play out with those pumps or the responsible on why those dead coins or low cap ones do make out some pump out.This is why we should really be careful on having consideration

on investing back because you might be just ending up on holding into those peak prices when these whales decided to dump it out immediately because lots had been fomo'ed out and this is where people

do mind off or been aware because its really that hard to deal because you wouldnt know if those price pumps sustainable or simply that a pump dump deal.

[Adbitco]

I am not surprised seeing that those coin are rising significantly because in crypto there are lots of manipulation from the whales and middle investors or traders who always trying to gambling with the market causing it to attract newly investors who might not properly do their technical analysis very well before jumping into it, at this point only feeding the market to major whales. As a crypto expert or enthusiast always mind the rate at which you fall back on altcoin as they might not be reliable to hold on rather look toward to bitcoin, and besides don't be carried with the sudden changes.

[ethereumhunter]

Some whales like this pump and dump game, so they are looking for moribund coins to pump and dispose of them. This is what makes many people deceived by this game because they don't know the plans of the people who do the pumping. They could only keep up and in the end, it would be them who would lose.

This has already happened before and the whales have nothing to lose here because this is more likely their game they have a high chance of winning in this kind of situation because they are used to it for the past years. They know exactly what they are doing and they will gonna sell their holdings one after another you can see this kind of scenario when you look at Doge coins and their likes because these kinds of coins are the ones that are always pumping and then suddenly fall after a moment of increasing their prices. poor newbie investors, if they see the hype will gonna join thinking it is real when it is just baiting to lure them to buy those coins at their high price.

Dogecoin is a clear example that has become a game for whales, apart from other coins we have encountered. The whales could so easily shake the moribund coins in the market that traders wondered what was behind the pumping. But if traders and investors can think and look for other information quickly and even ask the project team, they can see nothing is interesting about the project so the pumping is just a way to find targets so that the whales can make big profits.

Yep, in the end, this condition is still the same as before because indeed some coins that die in the end will only become coins which are indeed one of the things that are used as pump and dump gambling.
Some of us may be happy with this because we can still take advantage of the momentum when we are in the initial entry but we must be aware that this condition will not always be profitable and it is advisable not to do something like this in their current condition.

Some whales like this pump and dump game, so they are looking for moribund coins to pump and dispose of them. This is what makes many people deceived by this game because they don't know the plans of the people who do the pumping. They could only keep up and in the end, it would be them who would lose.

And if we want to keep up with the pump of the dying coin, we must remember that once we can get a decent profit, we have to get out of the game immediately and never try to chase profits again. That can make us experience big losses. We also must know not to use all our money because that is a big risk.

We have to realize that we are not whales in a matter like this, even though we can still take advantage of such conditions, this is only for people who are ready to lose.
As for what is happening now, it is people who are joining in without seeing the actual conditions that make them actually stuck at the top.
There have been many examples of this and even if I see some meme coins like this even I have seen it since a few years before with many complaining but they have never been deterred by something like this.

We are not whales but can follow the pattern they will use because so far, the patterns are almost similar and when we can identify the pattern, at least we will know that the pumping happening in the market is just engineering by the whales. And we don't need to follow it but just see how many people will be exposed to such deception. And the current situation, where many people who want to benefit from the crypto market make them try to find and keep up with the pumping that sometimes occurs in the market. But not many people can benefit from the market because some are losing. After all, they have bought at the peak of the price.

[Silberman]

I am not surprised seeing that those coin are rising significantly because in crypto there are lots of manipulation from the whales and middle investors or traders who always trying to gambling with the market causing it to attract newly investors who might not properly do their technical analysis very well before jumping into it, at this point only feeding the market to major whales. As a crypto expert or enthusiast always mind the rate at which you fall back on altcoin as they might not be reliable to hold on rather look toward to bitcoin, and besides don't be carried with the sudden changes.

At the same time we cannot discard the possibly there are many traders which do not care about any of that as long as they can make some money with it, and we even saw this on the forum, after the crash of LUNA threads began to pop out about how shorting the coin was a good idea or how a long term investment could eventually become profitable, so while whales are most likely responsible for what we are witnessing, many traders are also guilty of not caring at all and doing anything to earn a little bit of more money.

[tvplus006]

As for the FTT coin, this pump is explained by the statement of the new FTX chief John Ray says bankrupt FTX crypto exchange could restart - https://www.msn.com/en-us/money/companies/new-ftx-chief-says-bankrupt-crypto-exchange-could-restart-wsj/ar-AA16wWeL?ocid=finance-verthp-feeds Obviously, investors believed in this and pushed the price of the FTT coin up by 50%.

[Furious 7]

We have to realize that we are not whales in a matter like this, even though we can still take advantage of such conditions, this is only for people who are ready to lose.
As for what is happening now, it is people who are joining in without seeing the actual conditions that make them actually stuck at the top.

We are aware of this and even we also must really understand and be aware of this if we are not whales like them. Even though we may also have the chance to take advantage of this moment to benefit from the pump and dump scheme, this is a very high risk. Because, if we enter and leave at the wrong time, then we will actually lose our money. moreover, we can't expect coins like that to go up anymore, can we? Because usually dead coins won't pump many times. So this might be more gambling for us, especially for newbies. It would be better avoided. This scheme is like a trap for the victims of the hype of dead coins that will be always dead coins again.

This will happen sooner or later because regardless of anything, I personally feel that if we don't have the courage to do something like this, then don't do it because it's the same as wasting your money.
If you make a mistake there, it will be very difficult to return because we also know that a coin like this is only for the hype of the pump and dump, so I still make a limit because even if it succeeds, the profit will definitely be big, but it's not worth it for me to do.

[Little_Sister]

This will happen sooner or later because regardless of anything, I personally feel that if we don't have the courage to do something like this, then don't do it because it's the same as wasting your money.
If you make a mistake there, it will be very difficult to return because we also know that a coin like this is only for the hype of the pump and dump, so I still make a limit because even if it succeeds, the profit will definitely be big, but it's not worth it for me to do.

I have neglected the coin instead of suffering losses, the list of coins has been pumped temporarily and they will throw it away after making big profits, so avoid trading and investing in risky coins and it is better to choose top coins even if you don't get big profits but avoid losses big.

Do not expect profit from risky investments in the coins above, the list of coins can fall at any time without recovery due to loss of community trust, after the top coin price grows then the coin will be discarded to switch to the top coin.

[lalabotax]

I have neglected the coin instead of suffering losses, the list of coins has been pumped temporarily and they will throw it away after making big profits, so avoid trading and investing in risky coins and it is better to choose top coins even if you don't get big profits but avoid losses big.

Experience is the best teacher. If we have understood the scheme of pump and dump, we will stay away from this. However, those are the dead coins that seem like being alive again and rising up. This is too suspicious, isn't it? At that time, I ever thought to join the party because the coin seems like rising up, but after reading some information here I was aware that the scheme is exactly not for beginners. Beginners will only get the bad things and become victims of that pump-and-dump scheme. For me, the era of FTX, Tera, and other similar dead coins have been ended. So, whatever the condition of those coins, let it be, just stay away from them. Because they are too risky for me. And I really expect that many more people will also feel the same, not blind because of the high expectation of earning much money from that pump dead coin, moreover if we don't understand the scheme and how to get rid of it

[mdzahed134]

Kinda. I'm mostly confused that some people are actually buying those coins. Some influencers even promote them, and I'm like "what the hell?".

Those are paid influencers who's promoted SCAM project, but they don't care about it because they got money. Why i have to follow such influencers where i have to invest money from my own pocket, before buying a coin you should DYOR. I have seen even there are many big influencers promoting meme/shit coin then newbies attracted to buy it.

[AmoreJaz]

I have neglected the coin instead of suffering losses, the list of coins has been pumped temporarily and they will throw it away after making big profits, so avoid trading and investing in risky coins and it is better to choose top coins even if you don't get big profits but avoid losses big.

Experience is the best teacher. If we have understood the scheme of pump and dump, we will stay away from this. However, those are the dead coins that seem like being alive again and rising up. This is too suspicious, isn't it? At that time, I ever thought to join the party because the coin seems like rising up, but after reading some information here I was aware that the scheme is exactly not for beginners. Beginners will only get the bad things and become victims of that pump-and-dump scheme. For me, the era of FTX, Tera, and other similar dead coins have been ended. So, whatever the condition of those coins, let it be, just stay away from them. Because they are too risky for me. And I really expect that many more people will also feel the same, not blind because of the high expectation of earning much money from that pump dead coin, moreover if we don't understand the scheme and how to get rid of it

i bet, not many people have such awareness of this situation like yours. i also have the feeling that these projects will have a short pump just to entice some naive buyers and dump it for good.
people should not trust these projects as they won't care if you got rekt with your funds. as much as possible stick to the top alts with active use case in the market.

[so98nn]

Might be gesture from pump and dump groups. They will always use such coins which are available on the exchanger and are almost dead. This makes them easier to pump and dump because they can attract low value coin seekers attention and make them invest into it. Rest they will dump when it’s high enough and go for the next coin. Pretty sure there is no developments and no owners outlook in that. About the second part where coins with utility, well it’s nothing like they do no get attention. It’s all about their actual utility, peeps interest in it, and projects direction.  They have to be moving in good direction to make investors invest in them.

[Wakate]

FTX, Celsius, Voyager,  and soon Luna ( probably )... all making ridiculous gains in this BTC rally.
Meanwhile some coins with good fundamentals and strong utility ( like Chainlink ) are doing poorly...  C'mon...

It is only those that are not wise that would be deceived on investing in such altcoin projects. I think I have been in the altcoins market for a while now and I know how must of these used to work seeing new project coming out of nowhere. All these project are ones that may not go too far in the crypto market because the news are everywhere of the detriment they can cause to investors.
Chainlink is a good defi project which has good uses with a great team. I like investing in crypto projects that are doing fine in the crypto market and I don't fall for me coins until I am very convinced about the project to be a good and reliable one.

[Furious 7]

This will happen sooner or later because regardless of anything, I personally feel that if we don't have the courage to do something like this, then don't do it because it's the same as wasting your money.
If you make a mistake there, it will be very difficult to return because we also know that a coin like this is only for the hype of the pump and dump, so I still make a limit because even if it succeeds, the profit will definitely be big, but it's not worth it for me to do.

I have neglected the coin instead of suffering losses, the list of coins has been pumped temporarily and they will throw it away after making big profits, so avoid trading and investing in risky coins and it is better to choose top coins even if you don't get big profits but avoid losses big.

Do not expect profit from risky investments in the coins above, the list of coins can fall at any time without recovery due to loss of community trust, after the top coin price grows then the coin will be discarded to switch to the top coin.

Wise choice. We know coins like this won't last long because it's really just about momentum and when the momentum has passed, coins like this will be discarded and the newest one, maybe now, is Bonk, which was really busy a few weeks before until now they are back to their previous position. this is what will definitely happen and actually not just bonk but there are many more coins like this.
When talking about investing, we must be aware that things like this won't be instantaneous, so actually taking advantage of things like this won't always get good profits if we just follow other people.

[Kelvinid]

FTX, Celsius, Voyager,  and soon Luna ( probably )... all making ridiculous gains in this BTC rally.
Meanwhile some coins with good fundamentals and strong utility ( like Chainlink ) are doing poorly...  C'mon...

Nobody will think that it pumps at first but can't just simply ignore how the whales work and the said manipulation is really making changes on its trend. But I don't think this could regain the trust and interest of the community knowing their past scam issues. I've said the said pump is not an indication that they still have the market potential, it was just because some people had worked a trick on it in order to look promising but it was not. They are already dead to the eyes of many investors - that is the reality.

[Silberman]

FTX, Celsius, Voyager,  and soon Luna ( probably )... all making ridiculous gains in this BTC rally.
Meanwhile some coins with good fundamentals and strong utility ( like Chainlink ) are doing poorly...  C'mon...

Nobody will think that it pumps at first but can't just simply ignore how the whales work and the said manipulation is really making changes on its trend. But I don't think this could regain the trust and interest of the community knowing their past scam issues. I've said the said pump is not an indication that they still have the market potential, it was just because some people had worked a trick on it in order to look promising but it was not. They are already dead to the eyes of many investors - that is the reality.

This, if someone believes they are skilled enough to make profits with those dead coins then they can try their luck if they want, but they need to have at the back of their minds that those coins will never recover their former glory and they could collapse at any moment, so they need to be ready to sell those coins if they detect there is any problem forming, unfortunately I do not believe many traders are capable of this and I expect many of them to lose a lot of money with those coins.

[isaac_clarke22]

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Dead == Dead. There is no luck factor nor skills that is needed to profit from those dead coins since they are.....dead. I would not even attempt to try even if whatever coin that was recovered even a little bit nor if its price is near any top 10 coins.

Back on my tokens that I earned in 2018 were all just dead now and even if you attempted to make a cult to invest to that coin, it will never reach a $1. That's just too much of a desperate attempt and a waste of time. Could've invested the time instead to better stuffs.

[abel1337]

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Dead == Dead. There is no luck factor nor skills that is needed to profit from those dead coins since they are.....dead. I would not even attempt to try even if whatever coin that was recovered even a little bit nor if its price is near any top 10 coins.

Back on my tokens that I earned in 2018 were all just dead now and even if you attempted to make a cult to invest to that coin, it will never reach a $1. That's just too much of a desperate attempt and a waste of time. Could've invested the time instead to better stuffs.

Yep no one will attempt to revive a dead coin unless they are a pump and dump scheme which is the one who are trying to pump a certain coin and leaving other behind. Some other people are just trying to make a profit on those pump and dump scheme and yeah it couldn't be better. Everyone is just trying to make a profit but others are just unknowledgeable enough to loss money from this schemes. Some are just asking for a miracle that something like investing in a dead coin will make them rich. It is an absolute waste of time to ask something for a dead coin.