Everyone is pumping coins all over the place - how to maintain sanity?

dj_andreasgr

full member

Activity: 152

Merit: 100

Quote from: stefek99 on June 07, 2017, 03:47:48 PM

- Twitters
- Slacks
- Telegrams
- Forums
- Trollboxes
- Pump groups...

I see all the people everywhere talking about their coin...

Can you please recommend some software to sift through it?

I want to share this tweet with you - https://twitter.com/stefek99/status/872473670563880960 - it's crazy...

How to maintain sanity?
Where to look for signals to buy?
It appears to me like doubling money in a week is no longer good enough...
It's been crazy these day...
I need reality check and maybe some mentor who will teach me some basics...

allow me to tell you you need not a mentor because you already have it in your head! stay calm first of all. do not believe all those claiming high gains. second decide what type of profits you want (fiat or coins) and make your strategy accordingly. three be critical to any new (or old) mooncoin out there and learn some basic chart analysis/reading. four bear in mind that a considerable amount of coin preachers are either incentivised to do so (e.g. signatures) or are already investors on the coin...so they naturally want others to buy the same coin (and tey possibly sell higher). five try not to take emotional decisions. better lose some profit than your capital. and last but not least always invest what you are eager to lose per time, no one died beacause of a single loss but certainly if you loose your account you are out for good.

jeffthebaker

legendary

Activity: 1526

Merit: 1034

Ignore the trollbox. Nothing good comes from it. People use it to pump pennies, not share great invite. Go for coins you personally believe in. Look for active and diverse communities, responsive devs, etc. It's best to largely ignore hype, or you'll get caught with the grenade when it explodes, so to speak.

paramind22

hero member

Activity: 2786

Merit: 552

Quote from: stefek99 on June 08, 2017, 08:33:33 AM

Quote from: jason943 on June 08, 2017, 07:34:32 AM

you have to judge the signals by youself, and you may pay for it before you can do it well Wink

I'm prepared to pay. I really enjoy watching Tone Vays: https://youtu.be/9g1zOWBXNW8 (he is Bitcoin maximalist and calls other shitcoins)

Would like to connect with specialists in altcoin space.

Quote from: goldenchip on June 07, 2017, 03:53:38 PM

The best way is to inform them that these cryptos also have problems, much bigger problems than what Bitcoin is currently facing. But you will realize that most "investors" are already aware of this, they know it's just hype, but greed will make them keep putting money into it.

They have huge problems! 51% attack seems doable: https://twitter.com/BTC4USD/status/872513479474860032

Quote from: paramind22 on June 07, 2017, 03:56:44 PM

I'm sure there are people that can teach you to read signals, but one thing is sure, over 100 coins have pumped in the last month to huge highs. How are you going to know how to read something like that? Best thing is to know when to sell or hold, or you'll come right down with the coin. Find the ones that are quality, and try to hold some of those. Diversifying is the way to safety.

How do I know which are quality?

There is always someone better equipped with knowledge, and by the time a coin gravitates to me it's already +500%...

I would like to learn, do you have any good resources that are not scammy and not pumping their own agenda?

Buy low, sell high. Know how to sort through the Data on CMC. Read all that you can, on multiple sites. Don't be unrealistic on the value of a dollar. There isn't any easy money. This takes time.

baam25

full member

Activity: 125

Merit: 100

My recommendation is similar to what others are saying, you have to make your own judgement call.
be very very careful buying based on other people's recommendation, especially people on Twitter. Often, these people are heavily invested in these coins and when their followers start buying and pumping up the price, they will sell and profit. There was a guy on YouTube I followed who did that. I fell for this scheme many times so avoid my hard lesson

stefek99

full member

Activity: 233

Merit: 102

https://genesis.re

Quote from: jason943 on June 08, 2017, 07:34:32 AM

you have to judge the signals by youself, and you may pay for it before you can do it well Wink

I'm prepared to pay. I really enjoy watching Tone Vays: https://youtu.be/9g1zOWBXNW8 (he is Bitcoin maximalist and calls other shitcoins)

Would like to connect with specialists in altcoin space.

Quote from: goldenchip on June 07, 2017, 03:53:38 PM

The best way is to inform them that these cryptos also have problems, much bigger problems than what Bitcoin is currently facing. But you will realize that most "investors" are already aware of this, they know it's just hype, but greed will make them keep putting money into it.

They have huge problems! 51% attack seems doable: https://twitter.com/BTC4USD/status/872513479474860032

Quote from: paramind22 on June 07, 2017, 03:56:44 PM

I'm sure there are people that can teach you to read signals, but one thing is sure, over 100 coins have pumped in the last month to huge highs. How are you going to know how to read something like that? Best thing is to know when to sell or hold, or you'll come right down with the coin. Find the ones that are quality, and try to hold some of those. Diversifying is the way to safety.

How do I know which are quality?

There is always someone better equipped with knowledge, and by the time a coin gravitates to me it's already +500%...

I would like to learn, do you have any good resources that are not scammy and not pumping their own agenda?

jason943

member

Activity: 84

Merit: 10

you have to judge the signals by youself, and you may pay for it before you can do it well Wink

paramind22

hero member

Activity: 2786

Merit: 552

I'm sure there are people that can teach you to read signals, but one thing is sure, over 100 coins have pumped in the last month to huge highs. How are you going to know how to read something like that? Best thing is to know when to sell or hold, or you'll come right down with the coin. Find the ones that are quality, and try to hold some of those. Diversifying is the way to safety.

goldenchip

member

Activity: 74

Merit: 10

The best way is to inform them that these cryptos also have problems, much bigger problems than what Bitcoin is currently facing. But you will realize that most "investors" are already aware of this, they know it's just hype, but greed will make them keep putting money into it.

stefek99

full member

Activity: 233

Merit: 102

https://genesis.re

- Twitters
- Slacks
- Telegrams
- Forums
- Trollboxes
- Pump groups...

I see all the people everywhere talking about their coin...

Can you please recommend some software to sift through it?

I want to share this tweet with you - https://twitter.com/stefek99/status/872473670563880960 - it's crazy...

How to maintain sanity?
Where to look for signals to buy?
It appears to me like doubling money in a week is no longer good enough...
It's been crazy these day...
I need reality check and maybe some mentor who will teach me some basics...

Topic: Everyone is pumping coins all over the place - how to maintain sanity? (Read 972 times)