How to make a dump and make money on it?

dzinkoplam

newbie

Activity: 3

Merit: 0

Quote from: hugeblack on January 13, 2021, 03:39:45 AM

Binance allows you to create trading accounts without the need to verify KC, you need to create several accounts with different dates and then divide your total cap to create an increase in demand and stability in supply and thus a significant increase in the currency price, especially if its market capacity is less than or equal to 13 Bitcoin.

Binance impose any penalties or restrictions on trading or withdrawing funds if I do everything from one account?
Where does the number 13 bitcoins come from? Do Binane have rules about it somewhere or you based on your own experience?

Quote from: dzinkoplam on January 12, 2021, 11:13:50 AM

Should I use the margin trading opportunity?

Also I decide not to use margin trading because they have a limit on the maximum credit balance. And it is too small, especially for low-liquid altcoins.

hugeblack

legendary

Activity: 2688

Merit: 3983

Bump and dump models depend on investor madness and a little luck, so there is always a failure factor in the plan, so the more smart you are and calculate it more precisely, the less chance you will lose.
Since you do not know much about it, there are 68% probability you may achieve more losses than you have made for profits.

Binance allows you to create trading accounts without the need to verify KC, you need to create several accounts with different dates and then divide your total cap to create an increase in demand and stability in supply and thus a significant increase in the currency price, especially if its market capacity is less than or equal to 13 Bitcoin.

Dumping orders occur when the currency price rises (300%-500%) and are collapsing and not surprising.

dzinkoplam

newbie

Activity: 3

Merit: 0

Hello. Thanks for reply.
Are you have experience with making pump or dump?
Did you use any tool, script or program for this or did you do it manually?

Should I use the margin trading opportunity or it could lead to liquidation?

In this case, it may be much safer to divide the pump for borrowed funds from a margin account so as not to cause panic sells and not destroy the price of the coin.

Bitcoin_Arena

copper member

Activity: 2114

Merit: 1814

฿itcoin for all, All for ฿itcoin.

1. It's all up to you, You can either split or place the maximum order of allowed coins. But if you do the latter, you could easily make the price of the coin dump quicker. Other traders might also end up panic selling.
Why don't you place part of the amount of coins you have as bid orders, you can also be part of those creating the liquidity for the coin Wink

as people keep slowly but surely filling up your orders with time.

2. Most exchanges do, but like I said, a huge dump like that can be reflected on the volume and candlestick and this can trigger other traders to also panic sell and eventually the token/coin would be worthless

3. Other trading pairs will also drop in price. There are traders who do arbitrage kind of trading. They will be looking for those price differences and try to make profit out of them so within a few minutes, the prices of all the trading pairs will drop to the same level.

4. Place part of the coins on the other part of the order book (bid orders) as I said in 1. Be patient. If you sell all the coins at once, you might crash the price of the coin, and you could also lose out

dzinkoplam

newbie

Activity: 3

Merit: 0

Hello for all.
Aftrer doing pump I got large amount(~13 BTC) in low liquid coin XXX (name coin is hiden). Now I want to find out how to make money on the altcoins dump.
Now there is ~ 4 BTC in the order book for buy in XXXBTC, that is, I can completely satisfy buy orders.
I'm not at all experienced in making dump, so I would be glad for any advice or a tip to the right person.
first what i would know that.
1 - The first thing I would like to know is whether it is necessary to split orders for price movement or whether to set the maximum allowed number of coins in one order.
2 - does the exchange have restrictions on the maximum movement of the price in coins per unit of time and where it can be viewed.
3 - how important are other trading pairs such as XXXUSDT XXXETH if I am going to dump in XXXBTC and how much they will affect the dump
4 - what to do after redeeming all buy orders in the order book.

In turn, I will share the name of the coin I own and notify you about the start of the action. The coin is on Binance and has the ability to trade at margin from the shoulders x3.

Topic: How to make a dump and make money on it? (Read 62 times)