it's just market manipulation, as long as I live only 1 time I have seen an altcoin go up more than 300% in less than 1 year namely YFI and that is with a very large volume on various exchangers
maybe others are untrustworthy and have a very small volume
Topic: Altcoins with 1000% Plus Profits - page 2. (Read 996 times)
pumps and pumps so that it continues and eventually explodes, and in the end it will not come back, the layman will see the price does not see the traded volume, thus trapped in a false pump which is misleading.
When there is a low suppply of altcoin, and high demand in the market, seller always smile in profit making, compare to high supply of coins and low demand in the market, cause buyer to make profit.
I believe the trading volume of these cryptocurrencies is very low and they are listed on an exchange without anyone noticing it. It is just one of the manipulation games, no one will spend money to swing the other top.
Agree, usually tokens or coins whose price increases reach thousands of percent have a small transaction volume so that it looks like there is price manipulation. I'm not saying that tokens that have a fast increase are scam, but we should be vigilant and see whether the price increase is natural or not
The problem with these pump and dump coins is that you need to sell them right at the peak. If you delay your decision by a few days, then you will end up with a loss. This happened to me in 2018, when I was trading with DeepOnion. At one point, the exchange rates shot up to as much as BTC0.0011. But I was greedy and waited for more. The prices crashed very heavily (by more than 99%) and I ended up with a loss. I still have some of this coin in my wallets.
That is greed makes you lose but also used to have the same experience but I am applying it now and don't want it to happen the second time around, so when the price is high then I will take the time to get 50% which is enough, no need to wait higher again because we do not know when the price will end, therefore at every opportunity, we must take action and must not make it happen again now.
Profits 1000% but their volume is almost zero. The people who pumped it 100 times will liquidate them themselves, nobody buys them at the price that has gone up 100 times.
Pump and dump games like this happened a lot in 2017 on the bittrex, yobit exchange ... Currently, no one is interested in these games anymore. Everyone was wise enough to avoid the same mistakes as before.
Pump and dump games like this happened a lot in 2017 on the bittrex, yobit exchange ... Currently, no one is interested in these games anymore. Everyone was wise enough to avoid the same mistakes as before.
I think that doesn't exist an altcoin with 1000% of profit that is legit, pay attention to this kind of altcoin because if you don't quit in the right moment you can lose all the profits, as done in shushi defi
I think you also experience losses due to price movements of sushi, when the price has gone up to be expensive the percentage increase has reached 50% then you don't buy it maybe you can open a short future because it's certain the price will collapse again, join the whales' game to get a lot of profit.
Most of the altcoin that have the ability to give such an outrageous percentage in less than 24 hours are being pumped and those pumping it would certainly dump the value after a while. If looked closely, we would find out that the token has a low supply and probably listed in a few or only one exchange.
Low volume currency , they can easily manipulate the price by giving fake trades and increase the price that way. Its not an honest trading views this just manipulated by owner or one of the supply holders so they can exit with high profit selling it to other traders.
No legitimate currency can give that profit in a day only shit coins do that.
So sad that even altcoins now can be manage just to put them high profit. Why not run the crowdfunds instead? If this could be the reason then there is nothing good with cryptocurrency. I admit that cryptocurrency has unique system especially when it comes market price movement.No legitimate currency can give that profit in a day only shit coins do that.
Anyway, I.hope that this is not true. I may exagerrate this reply but yes this really look bad if coins will be manipulated. There is no way that crowd will going to invest anmymore because of these manipulation activities in their own coins.
I think that doesn't exist an altcoin with 1000% of profit that is legit, pay attention to this kind of altcoin because if you don't quit in the right moment you can lose all the profits, as done in shushi defi
Believably not, and I was not thinking that any legit project will ever show that trend.
1000% profits for just one day or a week? That was crazy and all I can say is that the owner of their project trying fooled us and somehow many of us believe that thing.
We have to take a look at first its previous performance. If this never happens before, it is likely not to happen anymore. We should not close our eyes but instead, we should have to know the facts and the cause it makes this hype because it is probably there is manipulation.
1000% profits for just one day or a week? That was crazy and all I can say is that the owner of their project trying fooled us and somehow many of us believe that thing.
We have to take a look at first its previous performance. If this never happens before, it is likely not to happen anymore. We should not close our eyes but instead, we should have to know the facts and the cause it makes this hype because it is probably there is manipulation.
Low volume currency , they can easily manipulate the price by giving fake trades and increase the price that way. Its not an honest trading views this just manipulated by owner or one of the supply holders so they can exit with high profit selling it to other traders.
No legitimate currency can give that profit in a day only shit coins do that.
So, If I want to invest in this, is it going to be a waste or I can have profit as well? Thanks.No legitimate currency can give that profit in a day only shit coins do that.
This would depend on your research about these coins stated in the above. If you think that it has a good demand I could say that there is a future for it, but if not, well I think you better think of it more than twice dude so that you won't gonna regret in the end of course. Remember your success is still in your hand.
I believe the trading volume of these cryptocurrencies is very low and they are listed on an exchange without anyone noticing it. It is just one of the manipulation games, no one will spend money to swing the other top.
Yes, people who are experienced in crypto will certainly not believe in new tokens with low cryptocurrency trading volume, because there are still many good crypto tokens that can benefit traders and investors. Hey Guys,
Can someone explain what are these altcoins and what is the exact reason of so much growth in just 24 hours?
Are they scam or legit? Thanks.
Image:
Can someone explain what are these altcoins and what is the exact reason of so much growth in just 24 hours?
Are they scam or legit? Thanks.
Image:
Go look at fiscus.fyi its not even on CMC yet but trading on uniswap, this will be worth millions, I bought some uFFYI and staking on their site to earn the governance coin FFYI
https://uniswap.info/pair/0x233904dA250E2Eb4dDFEA71e117b634b03E7634a
https://uniswap.info/pair/0xe3E15B09e1a8cB96032690448a18173b170A8d5C
The problem with these pump and dump coins is that you need to sell them right at the peak. If you delay your decision by a few days, then you will end up with a loss. This happened to me in 2018, when I was trading with DeepOnion. At one point, the exchange rates shot up to as much as BTC0.0011. But I was greedy and waited for more. The prices crashed very heavily (by more than 99%) and I ended up with a loss. I still have some of this coin in my wallets.
That's a crash, 99%! I agree with you, if anyone has some coin that rises a lot should sell and take profit, being greedy in
these situations is risky, and can lead to heavy losses.
When I see this picture with this 30000% rise I know something is wrong and I will not even check the project and what
is wrong there, I will just skip it and forget what I saw.
Even I have Deep Onion. Back in 2017-18, they had a very popular bounty signature campaign, which gave out huge rewards. By the time the campaign ended, I had around 5,000 coins, which were worth around BTC5. But rather than converting to BTC, I held on to most of these coins. I sold them later, but I received only around BTC0.15. And this remains one of my biggest regrets with cryptocurrency.
Vishnu.Reang I understand why this is the biggest regret for you, from 5 BTC worth of coins to 0.15 BTC, it's a lot! I never had some
coin that had 1 BTC value, not even close. I participated in bounties in that time, and I had good success with some bounties, but
clearly it was success for my standards.
It's like it's better to hold on Bitcoins in any given moment, than to risk with new projects and new coins. As Bryant.coleman said, sell
on peak, delaying decision to sell can be a big loss.
I believe the trading volume of these cryptocurrencies is very low and they are listed on an exchange without anyone noticing it. It is just one of the manipulation games, no one will spend money to swing the other top.
I agree with your opinion, most of the coins that are pump more than 100% are coins that have low volume, usually coins like this don't have many investors or holders, so the possibility of the price falling again after pump is very large, and if that happens then only losses are we get when investing there.
I believe the trading volume of these cryptocurrencies is very low and they are listed on an exchange without anyone noticing it. It is just one of the manipulation games, no one will spend money to swing the other top.
Low volume currency , they can easily manipulate the price by giving fake trades and increase the price that way. Its not an honest trading views this just manipulated by owner or one of the supply holders so they can exit with high profit selling it to other traders.
No legitimate currency can give that profit in a day only shit coins do that.
Exactly, moreover there is a pretty big chance of being scammed when investing in one of those.No legitimate currency can give that profit in a day only shit coins do that.
Because people who pumped the coin surely won't allow you to withdraw/exchange coin, will drain liquidity pool as fast as they can.
Definitely avoid if you're willing to save own funds
The problem with these pump and dump coins is that you need to sell them right at the peak. If you delay your decision by a few days, then you will end up with a loss. This happened to me in 2018, when I was trading with DeepOnion. At one point, the exchange rates shot up to as much as BTC0.0011. But I was greedy and waited for more. The prices crashed very heavily (by more than 99%) and I ended up with a loss. I still have some of this coin in my wallets.
That's a crash, 99%! I agree with you, if anyone has some coin that rises a lot should sell and take profit, being greedy in
these situations is risky, and can lead to heavy losses.
When I see this picture with this 30000% rise I know something is wrong and I will not even check the project and what
is wrong there, I will just skip it and forget what I saw.
You forgot to add YFI into that list , It all comes because of the hype and when the bubble bursts, things get back to normal again, after that gold is always gold and shit is always shit, no matter how many advertise you do for shit, it doesn't change its naturality.
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