This guy says the avg hold time is 3-9 months..
https://bitcoinmagazine.com/articles/crypto-investing-age-whales/
Seems long tho.
Topic: I'm a noob, can anybody tell me the time it takes for whales to pump a coin up? (Read 1042 times)
June 05, 2017, 07:02:36 AM
June 05, 2017, 06:03:17 AM
They are probably more patient than the common buyer 
Right. The whales may spend months to lurk before pumping.
June 05, 2017, 05:19:16 AM
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.
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.
June 05, 2017, 02:46:08 AM
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.
June 05, 2017, 01:06:00 AM
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?
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.
June 05, 2017, 01:04:08 AM
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.
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.
June 04, 2017, 05:29:41 PM
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.
June 04, 2017, 03:44:49 PM
Literally just seconds. There are thousands of bitcoins sitting in exchanges exactly for this purpose.
June 04, 2017, 03:41:09 PM
They are probably more patient than the common buyer
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.
June 04, 2017, 01:57:43 PM
They're releasing their white paper within the next 48 hours, can that help legitimize them?
June 04, 2017, 01:46:16 PM
They are probably more patient than the common buyer
You need money to pump it first.
June 04, 2017, 12:57:00 PM
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.
And this depends on the project, acceptance of the currency etc.
June 04, 2017, 12:39:34 PM
Okay, can anybody tell me why Verge isn't being pumped and dumped?
June 04, 2017, 12:35:41 PM
Yes, that's the point
June 04, 2017, 12:33:25 PM
They are probably more patient than the common buyer
June 04, 2017, 12:22:31 PM
I've been also wondering this thing...
June 04, 2017, 12:20:09 PM
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?
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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