Altcoin pump and dump - page 6. | Bitcointalksearch.org

Cnut237

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Quote from: jemimah_f3 on November 11, 2020, 04:46:28 AM

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 is obviously a huge risk attached to buying these coins - which is why they are cheap. A rapid price rise followed by a fall doesn't necessarily mean a deliberate pump and dump though - smaller cap coins are prone to huge volatility anyway, and it can sometimes be difficult to distinguish between p&d and genuine price movement.

escalante28

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The pump and dump of altcoins are just normal in the market as we expected. When Bitcoin goes pump very rapidly expect that Altcoins will go dump. When Bitcoin goes dump rapidly still expect the Altcoins to go dump. But when Bitcoin becomes stable in its price then it's time to party for Altcoins hodlers. On the other hand, there are still Altcoins who goes pump depends on the project.

paglarhat

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In my opinion
Altcoin pump or dump depends on whether the price of Bitcoin increases or decreases.
Because Bitcoin is the number one cryptocurrency.

Sithara007

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It is always happening that altcoins are ups and downs. If we want profit by the altcoins, we should get more and more information about the coins which we invest my money.

Yes. Cryptocurrencies do have ups and downs, but here we are talking about price manipulation on a massive scale, where the prices first get pumped by 10x or 20x in a matter of few days and then go back to the previous level after a few days or weeks. However this is rare among the established coins as it is not easy to manipulate their exchange rates. However, what happened to BSV early this year can be termed as "pump and dump".

maldini

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I ordinarily stay away from those altcoins in light of the dangers. I don't care for putting resources into low market cap altcoins in light of the fact that they are the coins that are encountering dump base on my encounters. Altcoins the vast majority of the individuals who dump the cost are whale dealers or short merchants you don't have anything to stress over if hold altcoins have potential and long-term in light of the fact.

peter0425

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Quote from: jemimah_f3 on November 11, 2020, 04:46:28 AM

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 Need a Warm welcome to Crypto world specially to Shitcoins.Dont worry there are tons of something like that along the way,the only thng you understand and memorize that never fell in good promises,if its too good to be true surely it is a scam.
Whales are bagging money from manipulating those pump and dump coins so learn from advises here.and continue being observant .

rahmatullah9305

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Quote from: Buttermellow on November 16, 2020, 09:03:39 PM

Yes this is the usual scheme for the altcoins and that has been observed to other altcoins like those with low supply in the market. YFI coin was one of the biggest pump of market that had happen. It even surpasses bitcoin market price per coin reaching up to 30K $. That is literally a good pump.and if you were able to hold the coin before the pump scheme then you have definitely high profit in that coin.

Yes, that's right, but coins like YFI are not suitable to hold for a long time because when a coin can be easily pumped until the price can pass the Bitcoin price in one unit, then the potential for decline is also very large in a matter of days, so caution is needed be careful in holding it.

bryant.coleman

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Quote from: nebuch on November 16, 2020, 10:38:34 PM

in my technical opinion you must take the risk if you define the token as potential. Pump and dump is always happening what important is your token can handle the dump and return to pump in due time. Also seems the pump and dump is normal in this crypto world. For example bitcoin from 9k few months ago and then now it is going to hit 17k. If the token is %100 potential then you must grab the opportunity.

From what I have seen, for the vast majority of the cryptocurrencies, the pump-and-dump cycle happens only once. If you fail to dump your tokens immediately after the first dump, then it is quite possible that you will remain stuck forever. The problem is that in most cases the promoters show little interest in a project, once they are able to collect as much as they can from the investors and traders. They will move on to another project rather than trying to revive it.

Reatim

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Quote from: Buttermellow on November 16, 2020, 09:03:39 PM

Yes this is the usual scheme for the altcoins and that has been observed to other altcoins like those with low supply in the market. YFI coin was one of the biggest pump of market that had happen. It even surpasses bitcoin market price per coin reaching up to 30K $. That is literally a good pump.and if you were able to hold the coin before the pump scheme then you have definitely high profit in that coin.

Actually at some point ,this scheme is beneficial to other trader because the only thing you need is to ride and withdraw when reached the top.
the problem is the timing because in a matter of minute you can lose here.

I have some friends before(specially in 2018 when the altcoin season happens) that they come to invest and succeed in those Pump and Dump currency things that harder to observe now because scammers like them are Good at it and instead of us bagging money what will happen is the other way around.

nebuch

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in my technical opinion you must take the risk if you define the token as potential. Pump and dump is always happening what important is your token can handle the dump and return to pump in due time. Also seems the pump and dump is normal in this crypto world. For example bitcoin from 9k few months ago and then now it is going to hit 17k. If the token is %100 potential then you must grab the opportunity.

Buttermellow

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Yes this is the usual scheme for the altcoins and that has been observed to other altcoins like those with low supply in the market. YFI coin was one of the biggest pump of market that had happen. It even surpasses bitcoin market price per coin reaching up to 30K $. That is literally a good pump.and if you were able to hold the coin before the pump scheme then you have definitely high profit in that coin.

Lantind

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Quote from: Lite_bro on November 16, 2020, 03:22:01 PM

Sometimes Bitcoin also shows crazy volatility! And altcoins are still a more dangerous investment for me personally, but you're right, security is very important.

If you still consider investing in Altcoins dangerous, then stay away from all Altcoins and always keep better than that, because every investment is purely from the heart and is voluntary according to what we have personally analyzed.

SistaFista

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Some people are deliberately creating pump and dump on the coins they hold to make some money.
Even there are some group which is pump and dump the coin what we call trading signal group, usually on telegram.
When people take profit from pump and dump, i think the profit always come from the people who have loss.

Lite_bro

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Quote from: cryptoserega on November 16, 2020, 03:23:06 AM

Quote from: GelatikKembar on November 15, 2020, 08:44:32 AM

Quote from: taufik0911 on November 15, 2020, 05:03:52 AM

almost all projects have experienced pump and dump but what is very important is risk management, there are many aspects that we must pay attention to to get maximum profit when we buy altcoins when ICO / IEO

Pumps and dumps have indeed become part of cryptocurrency,
not just a new project, but everything including bitcoin, of course risk management, financial management, and emotional management must also be important things that you life in the crypto world.

Altcoins are much more volatility than bitcoin. That is why they give more opportunities to earn money on pump and dumps. But altcoins do not have liquidity of Bitcoin. It is possible just to buy altcoin and not to sell it because the absence of liquidity. Also altcoin must be secure. This is an article about this https://bamboodefi.medium.com/

There are a lot of scammers so it is very important to be careful. Huh

Sometimes Bitcoin also shows crazy volatility! And altcoins are still a more dangerous investment for me personally, but you're right, security is very important.

ardentvolcanoes

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Quote from: hahay on November 16, 2020, 12:56:41 PM

Basically no one will know for sure whether the project will be a big pump or a dump. But if the project's popularity is very high I think that is another signal that might make your investment safe but still, we can't expect much for the same selling price because the market situation itself will always be changing.

Yes, because of of many speculations the pressure will be better to get investors attentions. There's no assurance or whatever since many project

relied with investors participations, the more it gained interest the more possibilities that the value will be pumped, just needed to be more extra

careful whenever you participate or invest ride safe and always aimed for potential profits and avoid losing more.

target

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Quote from: ScamViruS on November 16, 2020, 12:41:17 PM

Quote from: bttmember on November 16, 2020, 03:27:38 AM

Quote from: jemimah_f3 on November 11, 2020, 04:46:28 AM

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 only possible with low volume coins and that too on bad quality exchanges like yobit etc where most coins are just for the sake of pump and dump and they provide no real use case. To avoid such coins you should trade only genuine projects.

Pump and dump can be with all coins except for a few powerful top coins. The groups involved in this pump and dump are not all small, there are many large groups. These groups can play pump and dump games with any coin they want. There is no guarantee that big exchanges will not be pump and dump, now most of the large exchanges are involved in pump and dump. So in all cases investors and traders need to be a little more careful.

I wouldn't worry about pumps and dumps if you just invest in coins that aren't new. As early as of now, its best to grab a bag for the old coins we knew are likely going to blowup.

There are also coins with huge daily volume but the price still is less than $0.25, lots of them in the list on CMC. It can only mean these projects has genuine traders there with millions of volume like the ADA, NEM, TRX and XLM.

hahay

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Basically no one will know for sure whether the project will be a big pump or a dump. But if the project's popularity is very high I think that is another signal that might make your investment safe but still, we can't expect much for the same selling price because the market situation itself will always be changing.

ScamViruS

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Quote from: bttmember on November 16, 2020, 03:27:38 AM

Quote from: jemimah_f3 on November 11, 2020, 04:46:28 AM

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 only possible with low volume coins and that too on bad quality exchanges like yobit etc where most coins are just for the sake of pump and dump and they provide no real use case. To avoid such coins you should trade only genuine projects.

Pump and dump can be with all coins except for a few powerful top coins. The groups involved in this pump and dump are not all small, there are many large groups. These groups can play pump and dump games with any coin they want. There is no guarantee that big exchanges will not be pump and dump, now most of the large exchanges are involved in pump and dump. So in all cases investors and traders need to be a little more careful.

sapnu

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Quote from: freedomgo on November 16, 2020, 03:57:46 AM

Quote from: ?? on ??

Quote from: bttmember on November 16, 2020, 03:27:38 AM

Quote from: jemimah_f3 on November 11, 2020, 04:46:28 AM

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 only possible with low volume coins and that too on bad quality exchanges like yobit etc where most coins are just for the sake of pump and dump and they provide no real use case. To avoid such coins you should trade only genuine projects.

Top altcoins are the best where you know that those cannot be pump and dumped. Also, their rise is quite certain when the altcoins begins to rise as those low prices or lower volume coins are mostly used for pump and dump startegy. I choose to ignore such coins because I am happier with the top coins as I do look for a long-term holding which can yield good profits.

You have to be careful with dealing on the pump and dump of coins with less volume because it's very risky that it's possible we would end up as bag holder. of course I'm not saying you can't play with it, it's still up to an investors choice, if he is a risk taker, then maybe he will be playing with the pump and dump game for not so liquid altcoins.

Indeed, it is very risky to invest in some projects that have less volume, you should be careful of what decision you make because one single mistake can lead to loss of profit. There are lots of projects out there and it is normal to them when it pumps or dumps since it is the nature of cryptocurrency itself, the volatility is normal as long as there are some uyers and holders of that particular token.

Pamadar

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Quote from: Winscosinally on November 16, 2020, 11:50:21 AM

Quote from: jemimah_f3 on November 11, 2020, 04:46:28 AM

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.

It's a risk to invest on altcoin even if you've do good analysis on the projects, anything can still happen and nothing is guaranteed, use diversity strategy so that the chances of getting positive results will be high, you can limit risks if you invest on top altcoins, 10 to 20 on coinmarketcap

On the otherside once your assessment executed correctly the profits are far higher.

It's worth the risk if you really prepared yourself to whatever possibilities may take place, doing your research gives you higher chances
of success. just make sure that you are willing to accept whatever happened and always have the patience to allow things to take place, being agrressive will only leads to on losing your entire investment, be calmed to have a good mindsets.

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