Topic: Pump and Dump. How to make a profit? - page 10. (Read 4290 times)

Before you join any pump and dump,  one must have set his exit price and if possible to exit before that price is reached.  Pump is usually short lived one must make a good use of it while it last.

I also think that learning and exploring things by your own, defining your own path is the right way to live life because we all have our own paths to follow.

We cannot work correctly by following someone else. It is a common practice to buy any asset at a cheap rate and during the dump, it is advised to not sell out because there are always chances of recovery, especially in the case of bitcoin.

once we make something that different with the other people, we cannot make a profit and maybe we can get a trap for a high price. maybe we can place many order sell after we bought so we have a chance to sell the coins at different price and if the pump is really high then our chance for selling the coins is wide open. but we really need to have a high-speed internet connection or at least stable connection to follow the pump and dump.

follow the whales is the best strategy to make some good profit for me

Which is much better, instead of entertaining those groups who always taking advantage from newbies why not do your own homework, though its really hard to analyze and intercept the movements but if you are really active and know where to find good resources you will able to anticipate much better, pump and dump group will only leads you into a trap even you are carefully playing with them, those behind this groups at very well trained and have a lots of practice on how to take their advantages.

I guess this is an easy question to answer but the way doing it is really hard because simply just buy it in low price and sell it in the high price.

If you encounter a group of pump and dump or signals that indicates that a coin will pump for the moment they call it, its a HYPE and surely lose your money. Its better to learn about the fundamental and technical analysis of candlestick charting and do your own research about the coin you want to trade than to rely on others without any idea on how they do it.

Yes they're blood suckers that just want money so they will ask you to join their group and promise to make you rich ( which is just a promise ) in exchange of your money.
Just do your own research of your prefered coin, read the graphs and don't rely your success into someone.

Does not this happen yesterday, the price of cryptocurrency dump and lots of red colors everywhere but one day after that all cryptocurrency rises / recovers, I think it's better to generate at dump but not when pump because that's what I think is very risky.

In the market there is two word we must consider it is the supply and demand.  Going through the pump mean that the demand is high while going through dumps the supply is high.  Now base on the supply and demand on market we can now analyze the situation and go in through in order to gain. When the dumps occur then you had money left, go grab it and jump in.  While if there is a pump always consider the target profit you are aiming.  Wether it is higher than 50% or 30%  when you have gains go grab it.

It is almost impossible if you just join a channel that is asking you to pay an upfront payment, because most of them are just in there to scam you a few bucks. I am telling you this because it almost happened to me, i wanted to join a group and they were asking me for 0.02 btc.

There many pump and dump channels in Telegram, it's hard to find the legit ones. Anyway i think it's illegal and risky.

Pump and dump is so fast that you wonder if anyone is actually making any profit at all. I will not advice anyone to get involve in this shady scheme.  Altcoin will rise naturally if there is actual development.

  this is funny.
I also had interest in this kind of groups few months ago, I got profits only with small groups, but I got losses in groups of more than 1000 members because of the basic thing they know the coin before anyone!

The only way I got real profits from them without being involve is always, always setting orders for a real cheap price or sell orders for high prices in the coins where I have positions or Im following to be in.

It happened 3 times, and the last one was yesterday´s night. I was amazed because I just watch in in real time happening in front of me.
I placed an order in NEO for 20 units at 0.0105, price was about 0.0132, but I always place this kind of "buy orders" when Im going to be out of the cryptoworld. I left my notebook with binance app on and two hours later I watched how a BIGGGGGGG list of sellers dropped the price to 0.01, and then seconds later it was back to 0.0128. Of course my order was placed, and I got 20 neos at 0.0105 and I won 0.046 btc in a few seconds.

Also, last week It happened but as seller. I had 80 NEBLs, and since I was leaving the pc to go to sleep I placed a sell order for the whole balance at 0.0048 (price was half of that when I leave the pc). When I wake up and checked binance, I noticed this sale was made in a pnd peak, and you know what? I ordered exactly 162 NEBLs again with the same balance as soon as I noticed that.

So, never try to be in a pnd group because you will lose money, but if you have active positions in any exchange, my tip is you can place a big sell order for double of price if you are going to be out of your pc, because after the pump, the dump drops the price even cheaper.

It's difficult to predict the pump and dump of a coin or token. Sometimes altcoin are seems to be manipulated, just like in etherdelta the coin or token is easy to manipulate or to hype it's price. And a couple of advice or you're intend to use etherdelta please be careful, Etherdelta is quite laggy when you trade, you may go wrong if you are careless. Maybe If your looking for a potential coin or token to enter. choose the active one where the community is always updating. If you want to buy it's dip price then look for a coin that has highest dump from it's previous price. Always take note of the volume if it's high then there's a possibilities of price hike.

This manipulation is made by big players, this big players have to earn from someone and that someone are the fishes that come too late. To earn from this manipulation all you need to do is to recognize when price is being pumped, buying time. When you see that pump is over sell fast, and wait dip, when will be that dip its up to you to recognize that.
Have in mind that manipulations are made for one reason for big players to earn more, you can try to follow that movement but don't get in too dip, you can easily lose more then you can make.

Bitcoin price is connected with market trade and I think it’s also very good for bitcoin and for its users because when bitcoin will be link with market so it will get more improvement and will become more strong then ever so when market trade is good so its price will be high and when trade is not good so its price will be low so there is no need to worry about anything its normal and it can happen any time any place.

Exactly, that does not require a deep research to do that, the trend is happening all the time and the market manipulation is really huge.
Don't take all this manipulation for you to panic, instead take this as an opportunity to buy cheap coins and sell at a profit in just a short period of time.
If we want to last, think like what the whales are thinking.

let newbie answer this question, forget about market movement it's very hard to analysis just bought when price go dump and we sale if price pump (coming up). Very simple haha

it is very easy, you just need to follow the market movement, if the price has dump then it is the right time to buy the coin, after experiencing the pump again then sell the coin you have.