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Topic: Pump and Dump. How to make a profit? - page 14. (Read 4290 times)

full member
Activity: 1750
Merit: 186
December 30, 2017, 03:27:19 PM
What about monitoring the coin prices and any coin that goes up a lot you sell it after a short while?
jr. member
Activity: 63
Merit: 2
December 30, 2017, 03:02:39 PM
Hi. How can you recognize pumps and dumps for any coin? Is there any universal indicators? I mean to predict it. Maybe there are some non-market signs (banners, posts, etc.)
Should I avoid pumps and dumps or try to earn some money?
It would be interesting to know your opinion, guys! Thanks

There are a lot of pump and dumps in the crypto world , but deciding when to enter is a tricky thing, I would recommend in finding a coin you believe in and hodling it as its the best strategy out there so far in earning.

After doing the first strategy , you can Follow the news of the coin, when you see a big news about the coin you're hodling its being pumped you watch that pump like an eagle, and decide when you should sell at the high point in each pump before correction happen, in each pump there is a correction afterwards so basically choosing the point where you wanna sell out and buy in when it starts gaining momentum again.
That is the only strategy in my opinion which can be safe to do. (You're basically increasing your amount of that coin each time that happens while hodling it.)
full member
Activity: 210
Merit: 100
December 30, 2017, 01:12:14 PM
Pumps and dumbs are relatively irrelevant in relation to bitcoin, because when you bought it some time ago then you already have a nice and substantial win!
Pumps in relation to ICOs and new altcoins? If everyone can mine the coin with his GPU or CPU and without the necessity to buy expensive mining hardware and very low energy consumption, then this coin will likely pump. And Truckcoin fulfilled the expectation and pre ICO sale was sold out within one day and main sale is sold out quickly every day!
If you yourself are not one of the initiators or participants in the pump and dump of some coins. Do not be in chats where people conspire to hold pumps and dumps, then in advance you will never know for sure. Can only guess.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
December 29, 2017, 11:52:36 PM
most likely you will lose on pump and dump, unless you are in the close group which is causing the pump and you have bought in early, before the pump

yes, but even if we are on that group, we should prepare to buy and sell because if we are late just 1 second, then we can get a loss and it is not good for us. we need to follow every information that they give and make sure we are not late to act. but everything that you do with that group will have a risk for you and you need to be careful.
member
Activity: 112
Merit: 10
December 29, 2017, 08:59:52 PM
most likely you will lose on pump and dump, unless you are in the close group which is causing the pump and you have bought in early, before the pump
legendary
Activity: 1428
Merit: 1000
December 29, 2017, 03:45:03 PM
Pump and dump is a very risky strategy for those who are just starting in trading. We know that prices change almost every second. A little late or little early could mean a lot to you. Better to feel the trend of the market.
This method will help those who do a big amount of trading. For them, a 10% profit can give big returns but this will nor workout in small amount trading. Sometimes conversion charges will eat our profit. So pump and dump is a risky method a normal trader cannot survive by using this method.
full member
Activity: 185
Merit: 100
A sports token that knows your favorite team
December 29, 2017, 01:56:12 PM
Many coins are now just PnD. And you can see that by looking at the chart. You can take a profit with that but you have to be extra careful. PnD tokens are very risky. To avoid being a bagholder, when you want to trade. Make a stop loss every time you enter the market, and set your desired profit as well.
full member
Activity: 588
Merit: 100
December 29, 2017, 01:49:21 PM
Hi. How can you recognize pumps and dumps for any coin? Is there any universal indicators? I mean to predict it. Maybe there are some non-market signs (banners, posts, etc.)
Should I avoid pumps and dumps or try to earn some money?
It would be interesting to know your opinion, guys! Thanks

Volatility of bitcoin is the very interesting price in bitcoin,, this makes profitable income of bitcoin trading during pump time. It is very important to monitor your coins so that you can have the price you long enough to be rich or to make your money plenty. Pump and dumps make sense to bitcoin.
newbie
Activity: 76
Merit: 0
December 29, 2017, 07:20:31 AM
Pump and dump is a very risky strategy for those who are just starting in trading. We know that prices change almost every second. A little late or little early could mean a lot to you. Better to feel the trend of the market.
newbie
Activity: 1
Merit: 0
December 29, 2017, 07:17:13 AM
honestly unless you are in the pump and dump group orchestrating the pump and dump, by the time you realise a coin is being pumped it will be to late to buy as you have missed the right moment, and you wont end up with much profit (you may possibly even end up with a loss). Dont get into this stuff and risk your money blindly.

one thing i can suggest is to look for signs and signals within the market. the easyest way to get proper genuine signals is to basicly join signal groups that give signals based on news or big announcements coming up instead of just wrecklessly pumping and dumping coins.

discord channles are great for this, out of all id say this one is one of the most reliable (https://discord.gg/ZHpDE6z). it also has opinions/advise about other coins aswell, with quite alot of contributers already experienceing a fair bit of succses.

of course signs and signals are to always be taken with a pinch of salt, but the further you immerse yourself into the crypto world the beter.
legendary
Activity: 1442
Merit: 1008
December 28, 2017, 12:38:10 PM
Hi. How can you recognize pumps and dumps for any coin? Is there any universal indicators? I mean to predict it. Maybe there are some non-market signs (banners, posts, etc.)
Should I avoid pumps and dumps or try to earn some money?
It would be interesting to know your opinion, guys! Thanks


there are actually groups that provide information pump and dump but it's all just a hoax because they buy the coin that will be in first pump they provide information to buy the coin in the pump and instantly they will make the price to be down again and your dump will be depressed, better study just the existing charts and see the market situation.
Sometimes you should consider that the pump and dump happened due manipulation, it feels like a smart way to fools people , smart way to scam poor people. That time the big whales make money , yeah they are collecting money from small players. It's not fair indeed, so just be careful.
sr. member
Activity: 1372
Merit: 255
December 28, 2017, 11:38:03 AM
I'll tell you this, the big people behind these pump and dumps usually bought their coins a few months ago or few weeks ago. They usually select a small volume shitcoin. Once their positions are stablished. They will announce the pump and dump to their 1st level members to make a buy. Next they will instruct their 1st level members to spread the news so 2nd level people will buy again making its 1st level members profit encouraging others. Now the coin will pump.

Now big whales will start to dump their investments slowly. 1st level members to follow. Loosers will get rekt from buying the top.

Hi. How can you recognize pumps and dumps for any coin? Is there any universal indicators? I mean to predict it. Maybe there are some non-market signs (banners, posts, etc.)
Should I avoid pumps and dumps or try to earn some money?
It would be interesting to know your opinion, guys! Thanks
full member
Activity: 210
Merit: 100
December 28, 2017, 11:22:34 AM
Hi. How can you recognize pumps and dumps for any coin? Is there any universal indicators? I mean to predict it. Maybe there are some non-market signs (banners, posts, etc.)
Should I avoid pumps and dumps or try to earn some money?
It would be interesting to know your opinion, guys! Thanks
Both are very unpredictable,so you need to understanding of technical analysis and market
legendary
Activity: 1834
Merit: 1036
December 28, 2017, 11:16:51 AM
While most people will say you cant use charts as a basis if coin will pump any minute, In may experience, I check the charts and check the volume and if I see the coin has not been pumped for more the 72 hours that coin is a candidate, next is I look at the trade volume, if its a single digit, another points for that coin. But I would still observe the buy and sell volume before I place an order. I dont Buy coins that are in green land, I always start from those in the red zone.
member
Activity: 576
Merit: 43
December 28, 2017, 10:59:07 AM
Hi. How can you recognize pumps and dumps for any coin? Is there any universal indicators? I mean to predict it. Maybe there are some non-market signs (banners, posts, etc.)
Should I avoid pumps and dumps or try to earn some money?
It would be interesting to know your opinion, guys! Thanks

we can read the charts and the latest information situation on the internet or the information directly from the offiicial fanspage of the coin itself because we can benefit when it happens and we have to move quickly in order to take advantage of the price differences that occur and can take advantage of the difference.
member
Activity: 406
Merit: 10
December 28, 2017, 10:42:31 AM
Scalping is the best strategy for making short term profits..
full member
Activity: 926
Merit: 100
December 28, 2017, 10:36:21 AM
Hi. How can you recognize pumps and dumps for any coin? Is there any universal indicators? I mean to predict it. Maybe there are some non-market signs (banners, posts, etc.)
Should I avoid pumps and dumps or try to earn some money?
It would be interesting to know your opinion, guys! Thanks


there are actually groups that provide information pump and dump but it's all just a hoax because they buy the coin that will be in first pump they provide information to buy the coin in the pump and instantly they will make the price to be down again and your dump will be depressed, better study just the existing charts and see the market situation.
sr. member
Activity: 1512
Merit: 316
December 28, 2017, 10:18:16 AM
I am against pump and dumps, this is the reason why crypto currencies has a long way to go for main stream adoption, it's too volatile. Pump and dumps are somewhat responsible for that volatility. everything is now way overpriced and everyone want to become a millionaire over night. A lot of scam project emerge for quick buck because of this too.
What do you expect in a crypto world? Ofcourse the price is driven by the investors but somehow the price fluctuates and some wants to manipulate the flow to make money. Another thing is its like bitcoins we cannot drive the price by our own so its better to ride in the flow.

The manipulation that takes place actually effects the fundamentals of the coin. Because many genuine investors would purchase the coins considering it as a good prospect and price is also rising. But it was a manipulative move due to which price rises and than comes the dump part where it crashes badly and all genuine investors loses their money and they consider it as a bad coin or fundamentals is not that strong and thus possible that it may never rise again or take a lot of time to come back.
sr. member
Activity: 770
Merit: 278
December 28, 2017, 10:14:34 AM
I am against pump and dumps, this is the reason why crypto currencies has a long way to go for main stream adoption, it's too volatile. Pump and dumps are somewhat responsible for that volatility. everything is now way overpriced and everyone want to become a millionaire over night. A lot of scam project emerge for quick buck because of this too.
What do you expect in a crypto world? Ofcourse the price is driven by the investors but somehow the price fluctuates and some wants to manipulate the flow to make money. Another thing is its like bitcoins we cannot drive the price by our own so its better to ride in the flow.
hero member
Activity: 882
Merit: 500
December 28, 2017, 09:31:02 AM
Hi. How can you recognize pumps and dumps for any coin? Is there any universal indicators? I mean to predict it. Maybe there are some non-market signs (banners, posts, etc.)
Should I avoid pumps and dumps or try to earn some money?
It would be interesting to know your opinion, guys! Thanks
In actual practice it is not possible for the exact prediction for the pump of the coin Because the reality run in cryptocurrency that Thier flcutuations will happen but not at how high and how low .
But still here you can follow news about cryptocurrency ( particular coin , altcoins , bitcoin etc ) and also you should see toward the rumours that run in cryptocurrency market usually , these causes pump and dump , if you can understand that news is news or rumour then you can expect that is dump due to fake news , and then you can buy and after sudden stop of the rumours price for that particular thing increase .
So make inevstment in that thing which is going much down due to rumours , otherwise pump and dump groups are at telegram are Many who will only lost your money .
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