Topic: Can you do a pump and dump with little money? - page 2. (Read 545 times)

Nope, I guess you won't be moving the market with that little of a money. The movement of prices will be depending on how much you would be placing yourself in the market. The greater the percentage you give in the greater the possibility that you can affect the prices or you can easily manipulate it.
I think it's a bit harder since investors such as businesses are involve now. A single person can't or an average person can't allocate even a near to one percent of investment.

You can do this on a shitcoin because the volume is too low that a small amount can move the price either way. But that will not work to seasoned traders because they will notice it immediately. To a more stable and popular coin, you need to have a lot of money to initiate a pump or dump trend.

If the coin has small market cap and value plus there are only a few sell and buy orders, you may be able to pump the price by placing buy orders with higher price. However, since you only use little money to buy the coin, the transaction volume will be so low that even a person with limited knowledge in trading will figure out it is a trap and hence avoid participating in the game, leaving you playing alone.
However, this is not the worst case. The worst case is when someone holds a large amount of that coin knows that there is a sudden increase in price, he will try to sell all his coins to you…and you end up with lots of coin bought at higher price…..

Well.it depends upon the coin's marketcap in which you are investing.If the marketcap is high,then you would be just a tiny fish not able to do so.

Why do you want to pump and dump on first place? This is bad business. if you join a group you will lose all your money. My advice: Don't try it!

Additionally, you can’t do pump and dump with a little money in a cryptocurrency, especially in the popular ones like Bitcoin etc. The pump and dump of a coin can’t be controlled by the people with small amount it would be needing a huge amount of money, and I agree with this statement. You can however, make a way to spread positive or negative news about a certain coin that could affect it’s pump or dump

if the coin you are buying is worth verry little you can make a verry little pump with nog much money but you will need a very very large group of people with little money to get it done.

If the marketcap is really small then the coin value can get pumped or dumped. If you have a lot of money then you could also pump and dump a coin also.

You need atleast 5BTCs to play some lowmarketcap coin,but it isnt advisable because many small players will lose to what you will do,and you are just typically hyping the coin to get more profits,its unhealthy thing to our community that the whales are keep doing,big players are the worst and most greedy people in the market do not do what they are doing,just join the hype and come out faster than these whales.

Oh nonononononon NO!!!!!

Don't ever think you're special or different.  Take the advice of the THOUSANDS of people who have been burned by pump and dump groups that you need to avoid them like the plague.

Better yet, take the advice of the TENS OF THOUSANDS of sane individuals who can spot a scam and a con a mile away.

But if you need convincing here it is.

Here is how pump and dump groups work:

There is typically one person or at max a group of 5 to 10 who start the "group".
They start it by buying up cheap, low volume coins on exchanges before even advertising for their group.
They set up a sell order list in small increments and amounts to ease buying and price pumping while they hold on to the bulk of their coins
They then go to bitcointalk, reddit, youtube, twitter, whatever to recruit.
Once they get around 100 to 150 people, they "announce" a coin that the group will pump then dump.
It is usually right before the scheduled pump and dump, sometimes even minutes before.
Everyone starts buying up the coins that the group founders had already purchased and listed, price shoots up.
When it's high enough the founders dump all the rest of their coins at once, this creates a sell order "wall" of sorts that starts to bring the price down.
Now that all the coins have been dumped on the group the market is just in desperate catch up (which will never happen).
Congratualtions, you just gave all your money to the founders of the group.

how do I know all this?
I literally SAW it happen a couple times on cryptopia.  It's quite a fantastic sight to see.  Especially when the "Wall" pops up.

Only those whales can do it the pump and dump strategy in trading. They can manipulate the price according to what they wants.
With your little money you can join a group of people, say in twitter which they choose a coin to promote a pump and dump strategy in a certain time.
But if do it alone your little money has no effect to price in the market.

whole altcoin scene is manipulated every day. I should start ICO for Pump&Dump company

I don't even suggest pumping and dumping though. I'm more into long term holds that make you more money in the end lol.
In that case, look into ITC. Security for IoT will be heavily developed in the next few years. https://iotchain.io/

Usually you need lots of money to pump and dump coin but you can pump coin without money.
You will need large amount of people who will follow you and trust you so they will pump coin.
By the way what is point of pumping something with little money?

no.
I have heared that there are big pump and dump groups which works with this kind of thing but  i seriously doubt that one can easily gain access to these kind of groups.
this is how they do it because if we think ratiionally , usually nt one person buys and sells huge amounts of currency but thousands of people which are most likely connected in automated or semi automated network.

I think it is nearly impossible. To get an idea about that, you can search for the coins' market values, and can start think about the amount difference between the little money and the money which in the market.

Little money (lean capital) is not good for trading. Without sufficient capital you will not do your best in trading. You will always be mindful of your lean resources and miss out on good trading or you leave too early on a trade that would have given you much profit. Get your capital before you venture.

Yes of course. No one is stopping you because first of all it is your investment, your property and you could do whatever you desire to do and in my opinion pump and dump a little is one of the best way to secure your rate of return or profit. Hold you token as long as you do not need it and sell few or sell your token according to your needs so that there will be no excess that could have gain a lot more if it is still a token invested. So, in total, I surely do saying that it is a big yes.

It depends on the market you are trying out. However, you yourself cannot do a pump and dump with little money, but you can participate in one. However, if you are referring to pump and dump groups, then you should not bother, as this would end up making you to lose your funds. Most pump and dump markets are shitcoins anyway, so you can just take the risk, take a look at the previous trend on the charts, and then buy in at the dip and set a sell order for whenever the pump happens. Most of these coins can go as high as 50 - 100%, so you can gradually make profit. However, you can also end up bag holding shitcoins in the process if you end up unlucky.

i don't think so ...but some people doing it by social media