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Topic: Altcoins with 1000% Plus Profits - page 5. (Read 996 times)

sr. member
Activity: 924
Merit: 256
August 28, 2020, 06:50:26 PM
#37
It looks like market manipulation. Some exchanges use bot trading to do this and some projects use low volume trade to shows data like this to attract investors. You should be careful when seeing this type of unusual price growth in a project. Shit project does this to fool investors and if you look that's tokens 24-hour volume then you will see there is very low volume.
If you realize that there is a market that is manipulating then you should be able to avoid that coin and avoid that market because usually if you enter then you will have difficulty withdrawing assets and other cases that can make you lose.
full member
Activity: 994
Merit: 100
August 28, 2020, 04:43:07 PM
#36
in a lifetime, only now have I seen such a great pump in 24 hours (308314.8%)Shocked, even bitcoin which is king in crypto has never experienced such volume in 24 hours, projects like this are clearly manipulating volume and they try to attract investors after which they will leave
sr. member
Activity: 1022
Merit: 276
★Bitvest.io★ Play Plinko or Invest!
August 28, 2020, 04:38:55 PM
#35
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.
It depends, but you will be facing a huge risk. As he said, it has a low volume currency, it is being manipulate. If you ride the wave, the possibility for you to lose your investment is very high. If you can take the risk for the sake of making a profit, that will be depend on your decision. But the outcome is unknown and will always depends on your own action.
full member
Activity: 434
Merit: 101
https://www.payaccept.net/
August 28, 2020, 04:35:47 PM
#34
Coins are seasons and trading is for people with minds. A coin can make one wealthy and a coin can send one to village. Being patients really pays and I must say crypto is a place for patients. Any coin can do any percent hence there's investors and it's tradable. Also if team could do well. Project can go to it's zenith. Anything can happen in Crypto which I always tell people.
hero member
Activity: 1426
Merit: 506
August 28, 2020, 04:31:23 PM
#33
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.
It is not a big surprise that you see some coins that usually pump on a daily basis. If you look at the market you will find some other coin pumping and the risk on being a bag holder is much higher for these coins as you never know when they will be dumping the coins. If you are smart enough you can make a huge profit jumping in these pumps if not it is better to stay away from them.
full member
Activity: 1106
Merit: 103
♦♣♥♠
August 28, 2020, 03:49:25 PM
#32
https://coinmarketcap.com/currencies/utrust/markets/
look at this one. if you count from the very bottom, then it gave much more than 1000 percent
sr. member
Activity: 1988
Merit: 254
PredX - AI-Powered Prediction Market
August 28, 2020, 03:43:53 PM
#31
Projects like these have only one purpose: pump and dump. In the past I have seen many projects like that, they don't have investors so the dev team can pump it easily and get the trapped for newbie, then the price will keep falling and until it is completely dead
sr. member
Activity: 2436
Merit: 272
Hire Bitcointalk Camp. Manager @ r7promotions.com
August 28, 2020, 03:41:27 PM
#30
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:

Seriously? You are thinking about investing on these coins?

No one with a mind will do such things.

Just look at their trading volumes it will be in hundreds or in thousands which also could be a fake volume reported by the shady exchange itself to scam you.
hero member
Activity: 2562
Merit: 577
August 28, 2020, 03:36:40 PM
#29
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:


To me it is nothing more than a price pump, what else can it be! even the coin with the most use case won't have such high percentage growth organically, this type of growth is not normal, only a manipulation can make the price to grow this much, although it is a positive thing to those who hold this tokens because they must have gain alot of profit during this time.
sr. member
Activity: 680
Merit: 255
August 28, 2020, 03:26:57 PM
#28
Some people get so excited when they see huge percentage gains on some coins and buy even without due diligence. This way, you will get rekt because more than half of such coins have rubbish trading volumes. Most are pump and dump coins.
Yes, the majority of the coins with such gains are simply pumped and dumped. New entrants in the crypto market are susceptible to fomo because of such coins.
In my opinion the best strategy right now is to invest in the biggest coins in the market, which are good and well-tested projects.
full member
Activity: 600
Merit: 100
SAPG Pre-Sale Live on Uniswap!
August 28, 2020, 03:01:01 PM
#27
it's no wonder that altcoins can go up so many times common in defi-based altcoin many ivestors like  defi so defi is now becoming popular unfortunately yesterday I could not take moment it and I am waiting for the next project defi as my investment
sr. member
Activity: 868
Merit: 251
HEX: Longer pays better
August 28, 2020, 03:00:30 PM
#26
I come across a lot of tokens like this and the pump is fake. it's all just whales manipulation and there is no way we can profit from trading these tokens. it's all set up and it's just a futile pump. Best of all, you should only focus on trading or holding valuable coins, do not be greedy to hold junk coins like this. Many have been and they seem to have lost it all.
sr. member
Activity: 938
Merit: 255
SmartFi - EARN, LEND & TRADE
August 28, 2020, 02:53:41 PM
#25
I am just coming across the projects for the first time, however to the best of my knowledge, it is a clear manipulation to attract the greedy ones then dump everything on them. For any coin with this massive profit in 24 hours, carryout a thorough research on the coin you will be amazed on what you will find out, however most times it is better to just ignore this type of projects and their insane pumps, because it leads to no good end. In addition, just to add, low volume altcoins are prone to this, because it is quite easy to manipulate everything, thus once those involved in the manipulations have attracted enough people, they exit the trade and count their gains while the others count their losses; hence why it's always good to invest in good and reliable coins.
member
Activity: 994
Merit: 11
Daxetoken.net
August 28, 2020, 02:26:40 PM
#24
Amazing to think, you will earn enormous in just 24 hours. If you are a smart trader and investors and you are aware about this pump for sure you will earn huge amount but don't be deceived with such market manipulation because at the end you will cry. Always do a research before investing and buying those low volume coin in the market.
full member
Activity: 1017
Merit: 107
Axioma Holding - Axioma Pay Crypto Card
August 28, 2020, 02:16:50 PM
#23
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:

Well, after I investigated the coins I saw they were low volume and listed on a small exchange.
Keep in mind, the smaller the volume the easier the price will be to manipulate.
For example, you can buy at $ 1 and sell it at $ 10 and you who buy it at $ 10 will make the price go up to 1000%.
its clearly manipulate by fake order . coins with unrational growth in a day should not bought.we must becarefull when see this kind coins , many beginer trader trapped on growth percentages only, they didnt match it with trading volume and buy or sell order. better to leave this project and used our money into major coins only.
hero member
Activity: 1204
Merit: 502
August 28, 2020, 12:52:39 PM
#22
Do not fall into these altcoins. At first, look at the daily trading volume, I bet that these coins do not have any volume, that's why the price could fluctuate by thousands of percents a day. Secondly, you don't want to buy an altcoin that already grew by 10 times right?
member
Activity: 1204
Merit: 38
August 28, 2020, 12:45:54 PM
#21
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.
Literally you are falling into the traps if you are going to invest on such coins, these values are just pumped by shitcoin whales for small profit making, randoms might get attracted to the price growth but if you are going to invest on a coin or token which doesn't have 1000BTC as daily trading volume then you will loe your money for sure.
hero member
Activity: 812
Merit: 503
August 28, 2020, 12:33:21 PM
#20
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.


Funny enough I can't even recognize any of the shitcoins on that image. Some of them lack trading volume, some might be pumped by bots and only a few coins with such huge growth in 24 hrs are real. I remember seeing about 1300% for a shitcoin I was holding but with just 140$ as daily trading volume on a shitty exchange. Some noobs will still buy the tops for these coins. The buy orders are usually scanty most times.
full member
Activity: 733
Merit: 100
August 28, 2020, 11:22:27 AM
#19
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.
yes it is true this is not honest, even if people have plunged into the coin they will not hesitate to dump the price of the coin so that it makes investors or traders lose. sometimes this must be careful
member
Activity: 210
Merit: 10
Sovryn - Brings DeFi to Bitcoin
August 28, 2020, 11:14:11 AM
#18
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:

Looks like pump and dump coins to be honest, there are many coins like these with low or no liquidity and volume which are most probably lead by pump and dump telegram channels who announce one such coin  for pumps randomly and followers buy it in expectation of big gains but tge quicker they pump the quicker they dump back as well.
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