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Topic: Altcoin pump and dump (Read 60860 times)

full member
Activity: 616
Merit: 100
January 23, 2021, 04:37:38 AM
Like what others suggested to you if you are really into investing in an familiar altcoins and you are not confident about because you are afraid it will turns out to be a pump and dump scheme project, the really best way that you can do for it is to do your own research and deep digging of important information about your prospect project so you can avoid falling on that pump and dump scheme.
legendary
Activity: 1932
Merit: 1000
January 22, 2021, 10:12:38 PM
In the present moment pump and dump is a buzz word in the block chain cryptocurrency market. Because main reasons are the unpredictable volume of BTC and XRP. A few months back BTC started has pumped and XRP has started falling down. If there was a pump and dump group then it would be better for crypto lover.
When I see pump and dump firsr what comes to my mind is some low volume token not btc eth or some other. Bigger cryptocurrencies depend from a lot of factors. Most of them are about daily news, new president, new regulation, pandemic etc. Its not just simple pump and dump theory.
true, most dumm and pumm occur due to good and bad news, this is very influential on the price of all average altcoins,
 I also frequently check news on several well-known sites to find out the dumm and pumm of a coin
sr. member
Activity: 1148
Merit: 252
Undeads.com - P2E Runner Game
January 22, 2021, 09:46:05 PM
pump and dupm will always happen, especially for new coins that are listed in the big market.
but it is a pump or purely because the project is good no one knows.
for example the GRAPH coin that was listed on the Binance market at first, the initial price was 0.03 $ which then reached 0.8 $ ath now stabilized at 0.4 $ and has experienced 10x profit.
TWW
full member
Activity: 1456
Merit: 109
March 12, 2021, 03:06:37 AM
indeed trading in cryptocurrencies is very high risk. therefore we have to be careful in making decisions for days. whether the decision to make an investment and so on.
Yes, but for those who already have a lot of experience and knowledge in the crypto space, risk is a common thing and is also considered a challenge for themselves, because fighting risks is something that must be done in order to get the benefits as desired.
I think everyone knows the crypto market is fraught with risks. if you do not want or are afraid of the risk, never enter the crypto market. because trade and investment inevitably lead to two possibilities. gain or loss.
So that before investing in it is better to learn it properly. how their projects and markets work. especially on the pump and dump trend. it can trap the investment we make if we choose the wrong market moment.
sr. member
Activity: 1316
Merit: 253
Sugars.zone | DatingFi - Earn for Posting
March 12, 2021, 02:52:50 AM
Lots of new projects but some of them just copy and paste from previous projects.
Hype is always there when new projects appear and the team will offer various kinds of discounts for token sales, what needs to be paid attention is that new projects will always exist, whether they end up cheating or not, surely we must know that these projects have coins that can be used in the product they. so that the coins we have can be traded.
This is inevitable in this market, when everyone sees it as an opportunity, there will be people who hit this point to carry out pumping projects in the short term.

If you have an amount of about $200k - $300k to get a small investment fund and start using it to build small projects with low total supply and pump money to create liquidity to attract. And then the end of it everyone will understand. Everything I see with such projects.
sr. member
Activity: 2268
Merit: 263
March 12, 2021, 02:31:21 AM
indeed trading in cryptocurrencies is very high risk. therefore we have to be careful in making decisions for days. whether the decision to make an investment and so on.
Yes, but for those who already have a lot of experience and knowledge in the crypto space, risk is a common thing and is also considered a challenge for themselves, because fighting risks is something that must be done in order to get the benefits as desired.
member
Activity: 744
Merit: 10
Syntrum.com
March 12, 2021, 02:28:14 AM
Lots of new projects but some of them just copy and paste from previous projects.
Hype is always there when new projects appear and the team will offer various kinds of discounts for token sales, what needs to be paid attention is that new projects will always exist, whether they end up cheating or not, surely we must know that these projects have coins that can be used in the product they. so that the coins we have can be traded.
legendary
Activity: 2982
Merit: 1028
March 12, 2021, 02:14:00 AM
This is normal because of market volume getting low and high,and altcoins are depending into demand and supply from the market so keep holding and wait for it until.it reache the highest price then withdraw,that is the technique in making profit in cryptocurrency.

The law of supply and demand is being practice with known and popular alts project,

While with those shit coins, it's a pumped and dumped schem coming from developers and whales who are playing with the project. Assess and don't forget to do your research, the more you understand the market the better opportunites that you have from this industry, there are so many scam projects that you should avoid, enhance yourself in observing what assets to invest your money.
hero member
Activity: 1232
Merit: 502
March 11, 2021, 05:21:33 PM
The most legit new project i have saw so far is only SYL coin made by XSL Labs, which is wipl be launched on BSC at it's first stage before they launch their native coin and their blockchain called Pulsar. This project already sold their token in second phase. 3 billion token for $0.002 price mean $6 million usd has been collected.
member
Activity: 609
Merit: 10
Rexx
March 11, 2021, 04:38:32 PM
indeed trading in cryptocurrencies is very high risk. therefore we have to be careful in making decisions for days. whether the decision to make an investment and so on.
full member
Activity: 1358
Merit: 100
January 23, 2021, 03:50:39 AM
I guess you should research deeper the project so that you know if this project worth to invest, it could be possible another pumps and dumps. Is that a DeFi project? if so then expect that it can be pumps and dumps scheme most this happens were DeFis.


newbie
Activity: 1
Merit: 0
January 23, 2021, 01:42:38 AM
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full member
Activity: 840
Merit: 102
January 22, 2021, 08:03:22 PM
To find out if it was a pump scam project, in fact for now almost the entire altcoin, even altcoins that  are  not potential though, currently
many are pumping on the exchange, this is because of the effect of bitcoin’s rise and its strong price. If you stick to potential altcoins like
ethereum or other  potential  altcoins, this is a  blessing for  traders and  holders. Why don’t  you stick to a potential altcoin project alone,
to minimize your losses.
legendary
Activity: 2030
Merit: 1189
January 22, 2021, 07:38:36 PM
Pumps and dumps are part of the market movement, we need to get used to living with it. Sometimes it can be to our advantage, sometimes it is bad for our underwater trades. Low marketcap altcoins have a better advantage for our trade profitability, otherwise, it is waste of time.
I agree, pumps and dumps are the essential factor that enables traders to do their job. Without such fluctuations you will get a flat market, and that will not be good as no new money are being turned over. While I agree that the volatility in some markets can be huge and greatly variable by the hour, unfortunately, these pump and dump cycles is what creates the fast dynamic market return/losses you see, and we just need to start managing them better.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
January 22, 2021, 07:30:59 PM
Pumps and dumps are part of the market movement, we need to get used to living with it. Sometimes it can be to our advantage, sometimes it is bad for our underwater trades. Low marketcap altcoins have a better advantage for our trade profitability, otherwise, it is waste of time.
In the present moment pump and dump is a buzz word in the block chain cryptocurrency market. Because main reasons are the unpredictable volume of BTC and XRP. A few months back BTC started has pumped and XRP has started falling down. If there was a pump and dump group then it would be better for crypto lover.
When I see pump and dump firsr what comes to my mind is some low volume token not btc eth or some other. Bigger cryptocurrencies depend from a lot of factors. Most of them are about daily news, new president, new regulation, pandemic etc. Its not just simple pump and dump theory.

The occurrence of Pump has its own reasons, as well as dump, the reason is in fundamental factors and TA,
do you know about the reason DUMP is happening in altcoins nowadays? because the price of Bitcoin also experienced a DUMP then the altcoins followed,
but fundamental factors reinforced support and made the bounce in the altcoin price very strong dan fast recovery.
The bounces and market retouches will happen frequently if the alt season is going to heat up. The strong technical analysis is useless nowadays due to the mentioned reasons above your post. The daily news and the other temporary factors are just small cross news between main market cycles. Long story short, technical and fundamental analysis is not a reliable method to find the perfect entry/exit price points on volatile crypto markets.
full member
Activity: 1260
Merit: 103
The OGz Club
January 22, 2021, 07:23:44 PM
In the present moment pump and dump is a buzz word in the block chain cryptocurrency market. Because main reasons are the unpredictable volume of BTC and XRP. A few months back BTC started has pumped and XRP has started falling down. If there was a pump and dump group then it would be better for crypto lover.
When I see pump and dump firsr what comes to my mind is some low volume token not btc eth or some other. Bigger cryptocurrencies depend from a lot of factors. Most of them are about daily news, new president, new regulation, pandemic etc. Its not just simple pump and dump theory.

The occurrence of Pump has its own reasons, as well as dump, the reason is in fundamental factors and TA,
do you know about the reason DUMP is happening in altcoins nowadays? because the price of Bitcoin also experienced a DUMP then the altcoins followed,
but fundamental factors reinforced support and made the bounce in the altcoin price very strong dan fast recovery.
full member
Activity: 1204
Merit: 162
January 22, 2021, 06:49:28 PM
In the present moment pump and dump is a buzz word in the block chain cryptocurrency market. Because main reasons are the unpredictable volume of BTC and XRP. A few months back BTC started has pumped and XRP has started falling down. If there was a pump and dump group then it would be better for crypto lover.
When I see pump and dump firsr what comes to my mind is some low volume token not btc eth or some other. Bigger cryptocurrencies depend from a lot of factors. Most of them are about daily news, new president, new regulation, pandemic etc. Its not just simple pump and dump theory.
member
Activity: 221
Merit: 10
January 22, 2021, 02:35:32 PM
In the present moment pump and dump is a buzz word in the block chain cryptocurrency market. Because main reasons are the unpredictable volume of BTC and XRP. A few months back BTC started has pumped and XRP has started falling down. If there was a pump and dump group then it would be better for crypto lover.
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
January 06, 2021, 07:40:49 PM
I think we will see the same scenario again because we already seen alts picking up.
Every year it's the same first btc pump then alts get some love for few weeks and couple of days after Christmas. Then a dump. Then fly again!
Personaly I think that the market now is very healthy and it's a nice stepping stone for altcoins this year

The market is healthy as the foundation is more solid in my view. The use case of crypto has been more established. And those financial institutions that are joining this revolution believe that crypto has something to offer to their clients in long-term. Because if they are only seeing it at a short-term investment, they won't let those billion of dollars spent in this very high volatile investment. Now, alts will follow but only those good foundation with real usage in the market. As most of them have empty foundation, I don't think they can keep up with the btc performance.
member
Activity: 686
Merit: 10
January 06, 2021, 07:37:24 PM
even now, some coins go up and down simultaneously, including btc.
this is a good time to go short.
because the current fluctuation is very high.
we can see the XLM up to 100% 1 today.
So if you know current market situation, you will do that.

But that was not due to the bitcoin recent rally but mainly due to the news from Ukraine and its partnership with stellar. Bitcoin pushed it higher yes!
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