Author

Topic: Everyone is pumping coins all over the place - how to maintain sanity? (Read 971 times)

full member
Activity: 152
Merit: 100
- 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.
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.
hero member
Activity: 2646
Merit: 550
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.

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

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.
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
full member
Activity: 233
Merit: 102
https://genesis.re
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.

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

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?
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
hero member
Activity: 2646
Merit: 550
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.
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.
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...

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