How to take advantage BTC Pump and Dump in short period? - page 5.

michellee

hero member

Activity: 2604

Merit: 816

🐺Spinarium.com🐺 - iGaming casino

Quote from: pavela2019 on October 27, 2019, 08:45:42 AM

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

To take advantage of the bitcoin pump and dump is you need to have skills to know when the pump and dump come. The short explanation will be when the candle is on the big red, and you should buy bitcoin, hold it for a while, and if the price can increases for 10% from the price you buy, you can sell it at the time. That will be the same if the market is on the big green so you should sell it right away before the pump is over. You cannot do that if you don't have experience because, with experience, you will know if that is a pump or it's a dump.

It's better to make a profit when you see than to wait for the pump and dump because that will need a longer than you can expect.

Google+

hero member

Activity: 2464

Merit: 550

Leading Crypto Sports Betting & Casino Platform

to be able to take advantage of the rise and fall of bitcoin prices you should be able to always monitor the conditions of the exchange place because no one knows when prices can go up and when prices can go down, whereas if you don't have a lot of free time that you can use to monitor the place of exchange it will very difficult to get profit.

Ridwan Fauzi

full member

Activity: 1330

Merit: 147

Quote from: pavela2019 on October 27, 2019, 08:45:42 AM

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

But that is not an easy way to know its pump event or dump event since its price will change without be known by all people. Such as in trading, you will just have your own strategy event you are painting with your knowledge but it is guarantee you will make a profit.

Moreover, with pump and dump which I thinking the charateristic won't be known easily, you just have to make target profit as you want so when you buy it and its price increasing drastically then you should sell it before its price decrease drastically. Don't be greedy, stay satisfied with what you get, you will get as you want.

Kelvinid

sr. member

Activity: 2828

Merit: 344

win lambo...

Quote from: adroitful_one on October 29, 2019, 06:52:58 AM

The best way to make money from a pump and dump is to already have some coins saved up. Then, when the price goes up, sell them near the high and buy back in at the dump. This is yet another reason to have a few of the top coins in your portfolio. I've caught a few pumps in action myself and ended up selling at or near the high. Then, buying back in when the price dumped again and increased my holdings a good 15-20% in a matter of minutes.

This is a genuine art of trading that most traders used until today. Yes to say that is an old strategy but still effective especially when we are still learning about trading. Ain't no matter how old is that, but the most important to know that we are doing right, having good returns and eventually making us have to understand the market situation and take advantage of every single opportunity we've seen.

gabbie2010

sr. member

Activity: 2590

Merit: 322

SOL.BIOKRIPT.COM

Quote from: pavela2019 on October 27, 2019, 08:45:42 AM

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

Technical analysis is he most appropriate way of taking advantage on pump and dump of bitcoin within the shortest period If you are knowledgeable in candlestick patterns and price Action you will have the advantage of making profits consistently however you need experience else you will lose your portfolio or investment within the shortest period of time, of course there are lots of strategies online research and stick to one of them then practice before investing in a live account.

adroitful_one

legendary

Activity: 1568

Merit: 1041

1GhxHtabWhEpdb7e7oEJ2vd542n33BwTHR

The best way to make money from a pump and dump is to already have some coins saved up. Then, when the price goes up, sell them near the high and buy back in at the dump. This is yet another reason to have a few of the top coins in your portfolio. I've caught a few pumps in action myself and ended up selling at or near the high. Then, buying back in when the price dumped again and increased my holdings a good 15-20% in a matter of minutes.

Inkdatar

hero member

Activity: 1582

Merit: 523

Quote from: Karmakid on October 29, 2019, 01:05:52 AM

If you want to take advantage of the volatility of the market then you need to make sure that you have a separate fund for that matter. You should have at least a few thousands of dollars to play with and use that to buy at the dips of bitcoin and hold it and do some slight technical analysis to check if there is a possible breakout or uptrend movement.

Bitcoin price has it's volatility in the market, by doing taking the risks we can enter from buying when the price is low. Since price is unpredictable we have to be keen observing the flow in the market and always set a goal to earn. As long we were ready taking risks to grab the chance to buy and hold it long term or until the price gives a profit. Right just spend on buying on what we can afford to invest in bitcoin.

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

Quote from: Edraket31 on October 28, 2019, 09:48:03 PM

Indeed, as well as checking the analysis of experts so you can take advantage on it, take note that it still risky but if you want to take risk then better if you really want to earn, because if you don't want to take the risk, then you will just watch the price going up, while others are enjoying the profit from it.

You would be better off keeping those "experts" out of the equation. They are self-entitled experts with no knowledgeable background who promote some shitcoin because they are paid to and keep up a propaganda by some bigger whale who is currently dumping that shitcoin for their own gains. Take their words with a bit of salt and never trust them and their words.

You can do technical analysis yourself and by all means everyone should learn how to observe indicators and watch how things unfold in the light of probability and market psychology.

EdvinZ

sr. member

Activity: 994

Merit: 260

To make money on the pump and dump Bitcoin in a short time, you need to be a good trader who can read the market, feel the trends, understand the technical analysis and follow all the important news in the industry. In General, this is quite a difficult task. But there is a way. You can try to earn on the pump Bitcoin in the long term. To do this, you need to analyze the current price of Bitcoin, make a conclusion about whether this price is good to buy asset or perhaps wait for Bitcoin to become cheaper. When you buy it, you will only have to wait for the price increase. The bitcoins you buy can become even cheaper (no one guarantees a profit in trading), but if you have enough faith in the asset, you should wait out price draw downs and wait for the period when the price will be higher than your purchase price. However, it can take weeks, months, maybe even years before this event, so this method is called long-term investment. Sell Bitcoin when the profit will satisfy you.

nasipadang

sr. member

Activity: 1274

Merit: 252

Quote from: pavela2019 on October 27, 2019, 08:45:42 AM

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

Most important when the dump and pump market is that you are in the market and are monitoring. Many suggest bots, but this puts you at risk of buying and selling. When in a short period, technical analysis is very necessary, with technical analysis you can determine where to buy and sell.

Suslived

member

Activity: 252

Merit: 13

CryptoTalk.Org - Get Paid for every Post!

Quote from: pavela2019 on October 27, 2019, 08:45:42 AM

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

In a simplistic sense, you'd simply need to watch the buying action and trust your instinct and decided if the PUMP is still going to continue, or if it is ending. Usually if you are lucky enough to be watching the chart when it happens (a huge spike in buying volume) then it's likely that you should buy because PUMPs usually last for minutes to even an hour, most of the time.

If you buy early on in the pump then you can gain some good profits BUT don't be greedy and set a target profit for your gains.

Karmakid

sr. member

Activity: 742

Merit: 397

If you want to take advantage of the volatility of the market then you need to make sure that you have a separate fund for that matter. You should have at least a few thousands of dollars to play with and use that to buy at the dips of bitcoin and hold it and do some slight technical analysis to check if there is a possible breakout or uptrend movement.

DarkIT

sr. member

Activity: 1176

Merit: 252

Quote from: Pamadar on October 28, 2019, 05:25:19 AM

Quote from: DarkIT on October 28, 2019, 05:05:47 AM

I think currently using prices under $ 8000 is indeed very appropriate. if you already have bitcoin at a price below $ 8000 and are still holding it in until now, that's how to use the dump, and pump bitcoin in the near future.

in fact, some people have discussed that the price below $ 8000 is very appropriate to benefit for now. seeing the future development for bitcoin is quite promising, I think if you want to take advantage of crypto in the near future when the price of bitcoin goes down, it might be an opportunity to buy it.

The very basis rules is always buy at the bottom and sell when you already achieved your target. The pump and dump happened after big news being broadcast, most of the time people panicked when they've heard bad news about this market while if there's good news that spreading expect to experience good market movements.

You can take advantage when you understand how to handle those news, and how will you act according to what the market is bringing to your investment.

yes, that is a basic rule that is very difficult to do, even when we have seen prices below $ 8000, it is quite difficult to buy them because of doubts and so on. in following the rules, we need to fight the doubts we face, sometimes theories are easier than do that.

Edraket31

hero member

Activity: 1190

Merit: 511

Quote from: andycarrol on October 28, 2019, 10:28:33 AM

I think by utilizing bitcoin price movements and utilizing crowded market conditions can provide many benefits as happened a few days ago the price of bitcoin rose and you could take advantage of bitcoin price movements and after that you should be able to sell it because if not then you will get stuck at expensive prices.

Indeed, as well as checking the analysis of experts so you can take advantage on it, take note that it still risky but if you want to take risk then better if you really want to earn, because if you don't want to take the risk, then you will just watch the price going up, while others are enjoying the profit from it.

andycarrol

hero member

Activity: 1106

Merit: 502

I think by utilizing bitcoin price movements and utilizing crowded market conditions can provide many benefits as happened a few days ago the price of bitcoin rose and you could take advantage of bitcoin price movements and after that you should be able to sell it because if not then you will get stuck at expensive prices.

perla

hero member

Activity: 1932

Merit: 504

Quote from: pavela2019 on October 27, 2019, 08:45:42 AM

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

BTC pump maybe everyone will already know, buy when you can, and then make target sell not really high at least it can be reached. But for bitcoin dump maybe do margin trading can be done. But how to do it, i still don't really understand. If me i will stay to take a rest instead of forced myself to do trading. Because i can lose anytime if trading without knowledge about it.

Serco

sr. member

Activity: 1050

Merit: 250

Quote from: zeze18 on October 28, 2019, 05:06:17 AM

Quote from: jossiel on October 27, 2019, 06:08:47 PM

I don't use bots but the answer is very easy and not complicated. Are you monitoring the market from time to time? that's all you have to do and get into your position during the low prices and tune in until the price of BTC goes up.

And once you see that you've made profit and your capital has increased, sell it, that's it.

I think it's not that easy to get profits from daytrading , we're not only not able to monitor the exchange all the time but we have to know the knowledge of daytrading.
And sometimes we have to cutloss if we lose on a trade and not holding our loss too long.

actually its wrong opinion about exchanges monitoring when we in day trade.,day trading didnt need much time if we know how to analize project in market .we just need few time to analize chart or fundamental.as a trader we have to also keep our heakth by didnt spend much time in front of computer.

NathanJB

sr. member

Activity: 756

Merit: 251

Quote from: pavela2019 on October 27, 2019, 08:45:42 AM

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

You have to know that there is no such thing as BTC pump and dump. It pumps in an organic way as it dumps similarly. There is no intentional pump and dump with Bitcoin, if that is what you mean. The strategy will always be buy low sell high. So if there is a dump, that means you buy and when there is a pump, that means you sell. As simple as that. If that sounds too complicated for some, there is always HODL. That is the simplest way to earn from Bitcoin.

GreatArkansas

legendary

Activity: 2338

Merit: 1354

A piece of advice (especially when you are trading with leverage/margin);
Shorting the market right after you closed your long position is not a good action (very risky, it's like you are just catching some knives)
Vice versa when you have short position and after closing your trades with profits, then you open a long position right away.

ryzaadit

legendary

Activity: 2450

Merit: 1225

Quote from: SvonioneFromMangoCoinz on October 28, 2019, 07:40:25 AM

I am always looking for good times to make buy orders. but I suddenly realized that there was no perfect time for a market that was heavily manipulated like cryptocurrency.
Therefore, we only expect luck to be profitable in the unexpected pump like today.

Don't follow other people's orders, a few days ago a lot people saying bitcoin will reach 6K$. Because of that, a lot people put an order book with a range 6K$ and miss the pump also this missed pump just like BTC at 3,5K$ went people saying will be 1K$.

About short trading was not really best to me but i used a few indicators like Bollinger Band & RSI with a short period time chart 15-30 mins. Pretty easy to use this indicator, if you want to short trade just watch RSI Indicator. Went the RSI indicator already over 75-85 you can try to make an order, but short trade sometimes was really suck went the trend market still continues and you sold to early.

Topic: How to take advantage BTC Pump and Dump in short period? - page 5. (Read 756 times)