How to take advantage BTC Pump and Dump in short period? - page 3.

rijaljun

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Quote from: dark08 on November 14, 2019, 08:34:47 AM

I agree to you dude, if you are newbie on trading industry its really hard to follow the trend thats why its better to learn the basic of trading then if you master the basic next step is advanced trafing like how to read the chart, candle and indicators in that case you will make a trading set up to follow the trend even its pump or dump.

and as a suggestion for those rookies, don't trade when the price moves so fast and sometimes holding it longer is better than taking little profit from short-term trading activity.

lastly, don't be day trader unless you are willing to lost much money just to learn how things work.

dark08

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Quote from: rijaljun on November 14, 2019, 08:02:09 AM

Quote from: ?? on ??

It is very difficult to know that when the time is BTC pump and dump in a short time, because the price is very volatile so fast that no one can predict it. in front of the monitor, a habit that can do that is only someone who has experienced a strong analysis like a professional and also requires a lot of time for it

Quote from: Genemind on November 14, 2019, 07:15:59 AM

You don't have to rely on signals or even other people's prediction. As for me, the best thing to do to take advantage of every market situation is just by simply applying the basics. Buy high and sell low is the basic strategy for you to earn during the dump and pump. You can do day trading while applying this simple strategy. Learn how to deal with the changes and things will be easy for you.

I wonder how these kind of posts are related to the OP post and how it isn't qualified as off-topic or uninteresting post.

Hmm..

To OP, I would say there is no way to take advantage, as a rookie trader, when market prices moves very often in a short period. You need to have ability to read it fast and ideally you won't just buying and selling your Bitcoin on spot trading but do some shorts and longs on leverage trading so you could get enough profit as a result of your efforts.

I agree to you dude, if you are newbie on trading industry its really hard to follow the trend thats why its better to learn the basic of trading then if you master the basic next step is advanced trafing like how to read the chart, candle and indicators in that case you will make a trading set up to follow the trend even its pump or dump.

rijaljun

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Activity: 1274

Merit: 267

Quote from: ?? on ??

It is very difficult to know that when the time is BTC pump and dump in a short time, because the price is very volatile so fast that no one can predict it. in front of the monitor, a habit that can do that is only someone who has experienced a strong analysis like a professional and also requires a lot of time for it

Quote from: Genemind on November 14, 2019, 07:15:59 AM

You don't have to rely on signals or even other people's prediction. As for me, the best thing to do to take advantage of every market situation is just by simply applying the basics. Buy high and sell low is the basic strategy for you to earn during the dump and pump. You can do day trading while applying this simple strategy. Learn how to deal with the changes and things will be easy for you.

I wonder how these kind of posts are related to the OP post and how it isn't qualified as off-topic or uninteresting post.

Hmm..

To OP, I would say there is no way to take advantage, as a rookie trader, when market prices moves very often in a short period. You need to have ability to read it fast and ideally you won't just buying and selling your Bitcoin on spot trading but do some shorts and longs on leverage trading so you could get enough profit as a result of your efforts.

Genemind

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You don't have to rely on signals or even other people's prediction. As for me, the best thing to do to take advantage of every market situation is just by simply applying the basics. Buy high and sell low is the basic strategy for you to earn during the dump and pump. You can do day trading while applying this simple strategy. Learn how to deal with the changes and things will be easy for you.

aysg76

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Quote from: pavela2019 on October 27, 2019, 07:45:42 AM

How to take advantage BTC Pump and Dump in short period?

You need to have technical analysis of the market and regularly monitor the market growth of the coins and predict what is exact time to buy or sell.But executing this in short span of time is not at all easy task beleive me and you need to have experience for the same. Buy at low prices and sell at high prices which will get you profits but this is what most of the trader misses.So try to catch that point.

logicgate

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Quote from: carter34 on November 11, 2019, 03:12:13 PM

Quote from: Shasha80 on November 08, 2019, 04:35:38 AM

We must monitor the market as often as possible, to get a dump position. After have dump position, you can immediately buy bitcoin
at that price. After that, immediately set a target sell, don't take too much profit, just 1-2% profit. Do it like that every day of the month
can get about 20% profit. That is my trading pump and dump strategy in short period. But this strategy includes very high risk, sometimes
the price cannot be controlled when we buy in dump position, it will be even more dump soon. So from that use money that we can afford
to lose.

I don't think that monitoring the market always will help because it will get you tired and exhausted which could bring in frustration and when you need to get the target hit,cyou miss it. But I support taking small profit as you mentioned. Taking small profit helps trader not to be trapped, the reason for losses could be huge appetite for profit.

Small profits are effective when we are working with altcoins but in the case of bitcoin I will suggest going for long term trading because it does not fluctuate all the time and you will gradually feel frustrated whereas you can try it with altcoins. Altcoins will be able to produce small profits on daily or weekly basis to keep you contended but for huge money, you have to join bitcoin.

carter34

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Quote from: Shasha80 on November 08, 2019, 04:35:38 AM

We must monitor the market as often as possible, to get a dump position. After have dump position, you can immediately buy bitcoin
at that price. After that, immediately set a target sell, don't take too much profit, just 1-2% profit. Do it like that every day of the month
can get about 20% profit. That is my trading pump and dump strategy in short period. But this strategy includes very high risk, sometimes
the price cannot be controlled when we buy in dump position, it will be even more dump soon. So from that use money that we can afford
to lose.

I don't think that monitoring the market always will help because it will get you tired and exhausted which could bring in frustration and when you need to get the target hit,cyou miss it. But I support taking small profit as you mentioned. Taking small profit helps trader not to be trapped, the reason for losses could be huge appetite for profit.

jostorres

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Quote from: Ararbermas on November 10, 2019, 07:02:31 AM

Quote from: pavela2019 on October 27, 2019, 07:45:42 AM

How to take advantage BTC Pump and Dump in short period?

patience and enough time is a must if you really want to take advantage the pump in short term period. Because if you don't have that you will not become successful and you will end up losing money in it. It's very difficult task to do honestly because of being so volatile of the market . so you better educate your self more before making final decision, so that you know how to control your emotions as well and you know what to do when face a prob.

All you have said is nothing so far from the reality, and it is true that if we must take advantage in this pump and dump of bitcoin, which is more or less like us saying that we are trading, we must have the full knowledge of the market, and then also exhibit some skills, because it is really not so easy to actually take advantage of the market in this time that the volatility is too high and this is what makes many trader do make mistake.

Because of the presence of volatility, you need to be extra careful in handling of trades, and when it comes to emotion, I really cannot say that it is easy to deal with this, but we just have to be a very disciplined person and some one that has its set goal for the market, if we have our set goal for the market, then to take advantage if bitcoin or any other coin dump and pump will be an easy thing.

Hamphser

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Quote from: LouVandetta on November 10, 2019, 03:36:43 AM

Quote from: jrrsparkles on November 09, 2019, 12:06:19 PM

If you see a huge bump then sell your coins,don't wait for the peak which may not stay at that price for too long then wait for the price to come down below the price you sold earlier,but it may never come as well so it depends on how much profit margin you want to reach and it will test your patience level.Simply its unpredictable market more like gamble so try you luck and wait for the result.

That is why it's important to have a target of how much profit you're aiming to achieve. Not saying that it won't go higher than the previous price. But sometimes people likes to wait till the peak price. Then the price goes down below than that. Becoming traders requires you to have all your focus on market movements. Especially if you want to fully handle the pump and dump in a very short period.

I think what you shared here is a short-term trading or scalping to take advantage of the pump and dump of the market. The hardest part of trading is this one specially if the market is too volatile because any moment you are trading the price would go dump and that's beyond to your expectations.

iv4n

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Quote from: Mumbeeptind1963 on November 10, 2019, 09:32:42 AM

Quote from: Ararbermas on November 10, 2019, 07:02:31 AM

Quote from: pavela2019 on October 27, 2019, 07:45:42 AM

How to take advantage BTC Pump and Dump in short period?

patience and enough time is a must if you really want to take advantage the pump in short term period. Because if you don't have that you will not become successful and you will end up losing money in it. It's very difficult task to do honestly because of being so volatile of the market . so you better educate your self more before making final decision, so that you know how to control your emotions as well and you know what to do when face a prob.

Yes patience is all you need. You may take advantage on it by day trading. It will be very effective now because of the sudden pump and dump of bitcoin, but it will very tricky since we will never know when does the unstable pump and dump will end. But you may do arbitraging too. Not all the market are same in price they differs in every coin that is being listed there.

Taking advantage in the short period of time is called day trading, and only advantage from that is a profit you make. How to take that advantage and make profit, simply buy in the right time, sell in the right time, do all that again in the right time and there it is.
Of course its much easier to say it then done it, but what the hell, we are all trying to catch perfect moments for buying or selling. Nobody can tell you where is the bottom, and where is the top, you need to try to predict that, use help of course, anything that can help you, but in the end we are the ones who make the call!

Mumbeeptind1963

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Quote from: Ararbermas on November 10, 2019, 07:02:31 AM

Quote from: pavela2019 on October 27, 2019, 07:45:42 AM

How to take advantage BTC Pump and Dump in short period?

patience and enough time is a must if you really want to take advantage the pump in short term period. Because if you don't have that you will not become successful and you will end up losing money in it. It's very difficult task to do honestly because of being so volatile of the market . so you better educate your self more before making final decision, so that you know how to control your emotions as well and you know what to do when face a prob.

Yes patience is all you need. You may take advantage on it by day trading. It will be very effective now because of the sudden pump and dump of bitcoin, but it will very tricky since we will never know when does the unstable pump and dump will end. But you may do arbitraging too. Not all the market are same in price they differs in every coin that is being listed there.

Karmakid

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Quote from: jrrsparkles on November 09, 2019, 12:06:19 PM

If you see a huge bump then sell your coins,don't wait for the peak which may not stay at that price for too long then wait for the price to come down below the price you sold earlier,but it may never come as well so it depends on how much profit margin you want to reach and it will test your patience level.Simply its unpredictable market more like gamble so try you luck and wait for the result.

The best thing to do is to set a price range that you will be selling and after you sold at your targets then you should identify the old and new support and that will be your buy signal and sell probably at the next resistance. Trading a simple game and the only thing that makes it difficult is the emotions that we have while we are trading.

Ararbermas

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Quote from: pavela2019 on October 27, 2019, 07:45:42 AM

How to take advantage BTC Pump and Dump in short period?

patience and enough time is a must if you really want to take advantage the pump in short term period. Because if you don't have that you will not become successful and you will end up losing money in it. It's very difficult task to do honestly because of being so volatile of the market . so you better educate your self more before making final decision, so that you know how to control your emotions as well and you know what to do when face a prob.

LouVandetta

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Quote from: jrrsparkles on November 09, 2019, 12:06:19 PM

If you see a huge bump then sell your coins,don't wait for the peak which may not stay at that price for too long then wait for the price to come down below the price you sold earlier,but it may never come as well so it depends on how much profit margin you want to reach and it will test your patience level.Simply its unpredictable market more like gamble so try you luck and wait for the result.

That is why it's important to have a target of how much profit you're aiming to achieve. Not saying that it won't go higher than the previous price. But sometimes people likes to wait till the peak price. Then the price goes down below than that. Becoming traders requires you to have all your focus on market movements. Especially if you want to fully handle the pump and dump in a very short period.

the rise

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still have to look at Fibonacci for reactions to support and resistance. In the down condition it will also quickly go up because of the retracement with the support line, and if it crosses the line it is certain that the movement will be flat forming a new trend. Although it often looks like manipulation, whales also analyzes existing patterns with additional speculation, here we can read the pattern and begin to determine profit.

djsugar

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I prefer futures trading when it comes to multiply the gains during short term pump and dumps. Soon when bakkt launches Bitcoin options, I will jump on trading options for short term trading. Future trading with leverage can help you multiply your profits and can earn you profits in both bear and bull cycle. But be cautious with leverages. You can get robbed of all your money in a single trade if market plays against you and you get liquidated. Therefore, tight stop losses are of prime importance.

jrrsparkles

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If you see a huge bump then sell your coins,don't wait for the peak which may not stay at that price for too long then wait for the price to come down below the price you sold earlier,but it may never come as well so it depends on how much profit margin you want to reach and it will test your patience level.Simply its unpredictable market more like gamble so try you luck and wait for the result.

kanayaTabitha

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Quote from: Cherylstar86 on November 08, 2019, 10:49:13 AM

Quote from: Shasha80 on November 08, 2019, 04:35:38 AM

We must monitor the market as often as possible, to get a dump position. After have dump position, you can immediately buy bitcoin
at that price. After that, immediately set a target sell, don't take too much profit, just 1-2% profit. Do it like that every day of the month
can get about 20% profit. That is my trading pump and dump strategy in short period. But this strategy includes very high risk, sometimes
the price cannot be controlled when we buy in dump position, it will be even more dump soon. So from that use money that we can afford
to lose.

Great idea comes to those have experience. Nowadays, needs more patience in terms of trading process since many of us here want a good amount of profit. It's so difficult to know on your own bet but sometimes we experience those losses in able to learn what we have done on our mistakes. Pump and dump needs a lot of time and I don't think many of us here will survive that 1% to 2% of profit a day like a 24hrs monitoring the value of crypto you choose.

This only works on professional traders which have a lot of skills and trading so they can make sure profits like 1-2% in every trade. But if newbies doing this i'm sure it won't run as expected because taking profits in every trades is hard even it's just 1%. The newbies will experienced loss because they will panic when their coin that they bought drops until 5% and they must be cutloss the trade.
So, for doing stable profits is need a lot of experienced of trading and very high skill.

Kahoy01

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Quote from: TheUltraElite on November 08, 2019, 01:10:12 AM

Quote from: Pearls Before Swine on November 03, 2019, 01:09:02 AM

It goes up and down as demand fluctuates, and that's it. If those market movements are what you all are referring to, don't call it a P&D.

Market moves because whales make them move. They are having their methods to raise the demand and then dump. How far they are willing to rise or drop is not known. Of course organic growth occurs, but in times of when there is no news to actually give a bullish push whatever rise and fall is occurring will be referred to as pump and dump. Neither is there any method to verify who is selling or who is buying. So there is nothing in referring a large upstroke and a downstroke as pump and dump.

Whales are really doing the manipulation from demand to supply, so in order to take advantage of what they are doing or planning is that you need a 24/7 chart monitoring routine. You need to check and analyze the movement every hour or a couple so you'll know what to happen next or predict.

Cherylstar86

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Quote from: Shasha80 on November 08, 2019, 04:35:38 AM

We must monitor the market as often as possible, to get a dump position. After have dump position, you can immediately buy bitcoin
at that price. After that, immediately set a target sell, don't take too much profit, just 1-2% profit. Do it like that every day of the month
can get about 20% profit. That is my trading pump and dump strategy in short period. But this strategy includes very high risk, sometimes
the price cannot be controlled when we buy in dump position, it will be even more dump soon. So from that use money that we can afford
to lose.

Great idea comes to those have experience. Nowadays, needs more patience in terms of trading process since many of us here want a good amount of profit. It's so difficult to know on your own bet but sometimes we experience those losses in able to learn what we have done on our mistakes. Pump and dump needs a lot of time and I don't think many of us here will survive that 1% to 2% of profit a day like a 24hrs monitoring the value of crypto you choose.

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