Topic: How would you try to determine a pump is starting? (Read 439 times)
Every coin has two at least pumps and dumps. Follow new coins and try to buy on dips. This can be also dangerous if you don't investigate about project. Most of coins are scams but still they can be used for making money, just avoid becoming believer-bagholder, or be too emotionally attached.
As the title says what techniques do you use to try to get in at the start of a pump?
Are there some indicators on price graphs or something or is it a case of paying your money and taking your chances?
Asking for a friend
There are two kinds of pumps,pumps coming from a group or whales sometimes they announce it on the exchange chatboard,or from the community when they saw a good development from the coin they are following it's called community support.Are there some indicators on price graphs or something or is it a case of paying your money and taking your chances?
Asking for a friend
Yes I used this strategy before and it paid me good dividends. I will just observed and what the exchange chatboard or the trollbox message on what coin will be pumping soon. And sometimes I also adding some hype in the coins as well
. So if I feel that they are pumping a certain alt coin , I joined the hype train and pump it as well. 
As the title says what techniques do you use to try to get in at the start of a pump?
Are there some indicators on price graphs or something or is it a case of paying your money and taking your chances?
Asking for a friend
There are two kinds of pumps,pumps coming from a group or whales sometimes they announce it on the exchange chatboard,or from the community when they saw a good development from the coin they are following it's called community support. Are there some indicators on price graphs or something or is it a case of paying your money and taking your chances?
Asking for a friend
This is the hardest part on trading because its not easy to determine which is the best time to get in or get out when prices do moves its either on a pump or on a dump.When we do talk about pump i do normally watch out for news and other legit rumors on a certain coin and at the same time i do look on trading charts seeing on the candlesticks and making some chart analysis predicting where prices do possible moved.
It is hard to make perfect move when some random coin get pumped if you don't have inside info about their development. But for normal trading altcoins like ETH and XMR, they tend to pump when bitcoin is facing dump and vice-versa. If you keep your eyes on bitcoin related updates than you can also predict possible market trends for those top 10 altcoins.
When the price of a coin is low with increasing volume and yet the price is moving nowhere. These are some of the signs that whales are suppressing the price of the coin to accumulate.
Sometimes, whales will try to shake out everybody by selling at a very cheap price. I have seen this pattern in many coins where whales dumped heavily on undervalued coins to buy at an even lower price.
Sometimes, whales will try to shake out everybody by selling at a very cheap price. I have seen this pattern in many coins where whales dumped heavily on undervalued coins to buy at an even lower price.
As the title says what techniques do you use to try to get in at the start of a pump?
Are there some indicators on price graphs or something or is it a case of paying your money and taking your chances?
Asking for a friend
Are there some indicators on price graphs or something or is it a case of paying your money and taking your chances?
Asking for a friend
When there's a hype on a certain coin and there's a lot of rumors that it is going to pump, most of the time that is happening. Just like what happened to dash, many are telling that it will pump also with XMR so it did pump.
One of my observation happened before the pump is the rapid growth of volume of a coin. It means a large amount of coin is bought from a crypto trading site. Then next expect a pump.
Based on my observation and experience they starting to pump a one coin when some good news and update on the coin and if they're some whales that starting a wall with a big buy price.
As the title says what techniques do you use to try to get in at the start of a pump?
Are there some indicators on price graphs or something or is it a case of paying your money and taking your chances?
Asking for a friend
Are there some indicators on price graphs or something or is it a case of paying your money and taking your chances?
Asking for a friend
Jump to: