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Topic: I'm a noob, can anybody tell me the time it takes for whales to pump a coin up? (Read 1015 times)

newbie
Activity: 28
Merit: 0
newbie
Activity: 14
Merit: 0
They are probably more patient than the common buyer  Wink

Right. The whales may spend months to lurk before pumping.
sr. member
Activity: 420
Merit: 250
it depends on what coin you are talking about.

small altcoins:
meaning those that are at the bottom of the lists, with small volume and specifically low prices then the pump and dump will be short, they go up a lot when you look at the percentage growth (sometimes even >1000%) in a very short time and then they get dumped as fast too. this process can take place in one day for really small coins and up to a couple of weeks.

big coins:
those that are on top of the lists, with higher volume and higher prices. these coins attract a lot of attention just for being on top and there are always a lot of newbies who will buy these no matter what the price is, even if it is getting dumped hard! and because of that the process of pump and dump will take a while. the pump will be faster though because of FOMO but the dump is always slow since the whales dump slowly and as i said there are a lot of newbies who buy even on the way down and lose money.

This is good information, I'm learning more and more everyday about Altcoins and this topic too. Was also curious how whales would do it. Might be trading altcoins later this week after I receive my pay.
sr. member
Activity: 420
Merit: 250
The All-in-One Cryptocurrency Exchange
I think it only takes seconds for them to pump a coin. I haven't experienced so far it had reach to about a month of just pumping a certain coin.
hero member
Activity: 588
Merit: 500
Since May 9 Verge xvg has been rising, up 106% today. Been rising for almost a month.
Reddcoin has been rising for awhile as well.

Can whales pump a coin up for about a month and then dump them?




It sure could be the way they do it however most of the times it's random. Or at least random to us.

We don't know what the whales do. What they do is entirely at their discretion, we cannot change anything that they do either. You could try predict their next moves, but make sure you don't get too caught up in the hype. Sometimes you get sucked in and lose all your money.
legendary
Activity: 1946
Merit: 1137
it depends on what coin you are talking about.

small altcoins:
meaning those that are at the bottom of the lists, with small volume and specifically low prices then the pump and dump will be short, they go up a lot when you look at the percentage growth (sometimes even >1000%) in a very short time and then they get dumped as fast too. this process can take place in one day for really small coins and up to a couple of weeks.

big coins:
those that are on top of the lists, with higher volume and higher prices. these coins attract a lot of attention just for being on top and there are always a lot of newbies who will buy these no matter what the price is, even if it is getting dumped hard! and because of that the process of pump and dump will take a while. the pump will be faster though because of FOMO but the dump is always slow since the whales dump slowly and as i said there are a lot of newbies who buy even on the way down and lose money.
legendary
Activity: 1568
Merit: 1041
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Literally just seconds. There are thousands of bitcoins sitting in exchanges exactly for this purpose.

This.. I've seen a coin get pumped and dumped again in literally a matter of less than a minute. You can't even buy in sometimes it happens so quickly. Usually, right after this happens the price is tanked.
full member
Activity: 179
Merit: 104
Literally just seconds. There are thousands of bitcoins sitting in exchanges exactly for this purpose.
legendary
Activity: 2464
Merit: 1145
They are probably more patient than the common buyer  Wink

You need money to pump it first.

And a good stack of the coin that you are selling while you are pumping else it would make no sense.
newbie
Activity: 33
Merit: 0
They're releasing their white paper within the next 48 hours, can that help legitimize them?
full member
Activity: 396
Merit: 104
They are probably more patient than the common buyer  Wink

You need money to pump it first.
full member
Activity: 137
Merit: 100
You need patience to know what is the right time of a pump in a coin.
And this depends on the project, acceptance of the currency etc.
newbie
Activity: 33
Merit: 0
Okay, can anybody tell me why Verge isn't being pumped and dumped?
hero member
Activity: 546
Merit: 500
newbie
Activity: 11
Merit: 0
They are probably more patient than the common buyer  Wink
jta
newbie
Activity: 8
Merit: 0
I've been also wondering this thing...
newbie
Activity: 33
Merit: 0
Since May 9 Verge xvg has been rising, up 106% today. Been rising for almost a month.
Reddcoin has been rising for awhile as well.

Can whales pump a coin up for about a month and then dump them?


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