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Topic: Pump and Dump. How to make a profit? - page 23. (Read 4264 times)

full member
Activity: 131
Merit: 100
Invent Bacon-Coin and see me HODL
December 08, 2017, 11:53:32 AM
#47
Simple pump and dump on shitcoins is quite risky, because the pumps dont last long and if you miss the right moment, you might even be left with a loss.... those are often done by little groups of individuals that have some money available. Donttry to jump on something unless youre sure what youre doing there.

Its more profitable to simply read the signs, discuss and get a little support to take into consideration from signal groups that mostly give signals based on news or big announcements coming up and not on "we pump coin XXX that has 0.03 btc volume right now".

There are several discord channels for this, I like this one (https://discord.gg/uPq9tXn) as its also 24/7 discussion about crypto in general - the discussion is worth it, take signals at your own risk and dont take them as granted profit of course. Do your own research.


full member
Activity: 588
Merit: 100
December 08, 2017, 11:47:52 AM
#46
It is very difficult to predict the pumps and dumps of a coin, but you can observe its trend. It will be a very long research for you to be able to predict a coins volatility, but as for bitcoin, this coin's price is very volatile.
full member
Activity: 742
Merit: 100
December 08, 2017, 11:32:53 AM
#45
There is two system and earn money also two different system if you start crypto currency trading it is best for make a profit when it will be pump but if you do binary trading you can make a profit with both system . when market will be pump you can make profit and when market dump you can make a profit with only Binary Platform.
full member
Activity: 2478
Merit: 215
★Bitvest.io★ Play Plinko or Invest!
December 08, 2017, 11:29:53 AM
#44
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 the trading strategy in my own analysis nee to monitor the graph waving, and watch the price movement buy in a lower price of coin do you think have potential to pump in 24 hours if you investing in the day trading.
sr. member
Activity: 294
Merit: 252
December 08, 2017, 11:22:06 AM
#43
Check the  ICO white paper,the credentials of people behind the ICO,back ground of the company/project..if the company is formed for purpose of ICO or they really into the project from many years and not for purpose of ICO..
Stay away from clone projects...all the lending projects are scams/Ponzi..they will pump and dump
Also some ICOs create artificial scarcity by releasing coins in phases and with limited coins to every buyer..nothing but to create hype and demand (Signs of pump and dump)
hero member
Activity: 2632
Merit: 833
December 08, 2017, 10:57:40 AM
#42
Doing the pump and dump strategy is actually very risky in trading because it is very difficult to predict how the trading market will move in a short period of time, patience is a virtue in trading and most of the traders that are gaining huge profits are likely to practice this.

Correct, its very risky but there are a lot of groups that are really good at doing it. I'm saying its groups, they will choose what coin to pump, usually starting in troll box, you will see that they are mentioning this shitcoin. Try to observe that coins and you will really see that some started to bite on their hype and soon other groups as well.

The problem is when to exit, its hard to know if you are not a member of this groups, otherwise you will fall for their trap and can't exit on time. So be careful.
hero member
Activity: 686
Merit: 500
December 08, 2017, 10:41:22 AM
#41
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
Yes you could make huge profits by investing in a coin which is being pumped and yet to be dumped.For that,you should invest in a newly released coin immediately after it gets released as it would be definitely pumped very high by its devs to create a good base for their coin.But set a profit percentage as your target and once you reach that targeted price,just sell those coins and finish the trade.Its because you really don't know when that coin would be dumped.If you follow this strategy,you can make big profits.
full member
Activity: 247
Merit: 100
December 08, 2017, 10:25:11 AM
#40
 in this kind of situation and you want to have a profit. i know it is too risky for us but in that case you need to go on the flow of the market. just simply place a lower buy order and wait it to fulfill. in that case you are safe because your lower bid make you rich.
staff
Activity: 3136
Merit: 570
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December 08, 2017, 08:57:08 AM
#39
Doing the pump and dump strategy is actually very risky in trading because it is very difficult to predict how the trading market will move in a short period of time, patience is a virtue in trading and most of the traders that are gaining huge profits are likely to practice this.
full member
Activity: 404
Merit: 105
December 08, 2017, 08:36:20 AM
#38
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

If you want to earn decent profit avoid pump and dump coin, once you fall it will be hard for you to recover.  I suggest you to stay with a good coin or the top 20 coins in the market. Its more safer than a pump and dump coin
full member
Activity: 1303
Merit: 128
December 08, 2017, 07:37:54 AM
#37
You can study its flow charts and predict if its going to pump or dump. It is risky so its ok if you make mistakes. Its just normal. Once you gain experience thru mistakes, you can predict more accurately next time.
sr. member
Activity: 448
Merit: 281
December 08, 2017, 08:28:23 AM
#37
There is really no definite indicator. You just need to observe activities in the crypto market. The fluctuation of prices is affected primarily by its demand and supply. Higher demand indicates a higher price hence a pump. This pump is usually followed by a dump and vice versa.
It’s not quite easy to do that (pumping and dumping later) you might end up getting trapped in shitty coins and nobody will be ready to buy that shitty package lol. Bitcoin is good, and the price has been going up steadily recently, so why not take this opportunity and use it to make a lot of money off Bitcoin?? And that’s true, there is no way one can indicate.
sr. member
Activity: 270
Merit: 250
December 07, 2017, 03:42:08 PM
#36
The best way to recognize pump and dump is get secret information. This is the most important thing beside technical analysis and behavioral psychology.
sr. member
Activity: 994
Merit: 256
December 07, 2017, 02:54:02 PM
#35
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

The basic idea is buying when the price is cheap, and the selling when the price is expensive. But, this doesn't work everytime because the trend of the coins, especially weak altcoins are complicated. They're so volatile.
All the cryptocurrencies are highly volatile in nature and it is really very much difficult thing to predict anything about the future and that too quite accurately. The most important thing which you need to do is to plan for all the possible conditions which you can encounter in the future. At the time of dump, do not make any kind of foolish decision and try to remain cool and calm. Hold your bitcoins and buy more. At the time of pump, sell them to have money.

legendary
Activity: 896
Merit: 1000
December 07, 2017, 05:39:04 AM
#34
There is really no definite indicator. You just need to observe activities in the crypto market. The fluctuation of prices is affected primarily by its demand and supply. Higher demand indicates a higher price hence a pump. This pump is usually followed by a dump and vice versa.
I have seen some good ideas in this topic related to the pumping/dumping. I just wanted to add that you can find all kind of projects or telegram groups who usually handles this kind of things, they analyze the market and try to predict the evolution of the market.
member
Activity: 140
Merit: 12
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December 07, 2017, 04:51:59 AM
#33
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

The news about adding some  of cryptocurrency to the top exchanges has a good effect on the price in most cases. If you get the insider before the news is published, then you can make money on this news.
Just pay attention to the coins on the bitfinex. All coins with small capitalization are exposed to pump. This is also worth considering when adding new coins to this exchange.
newbie
Activity: 72
Merit: 0
December 07, 2017, 04:19:32 AM
#32
i damn care about pump and dump i am only daily trader whenever i am to be interested to do trade, i go to the exchanger and start trading with my own strategy in regularly...
member
Activity: 88
Merit: 60
December 07, 2017, 03:49:07 AM
#31
make profit while being dump is really hard. i think the percentage of profit will be nothing in dump section.
if the pump comes, you can buy altcoin or help them to pump, and then when you think you get profit, sell them quickly before the price going down.
sr. member
Activity: 616
Merit: 262
December 07, 2017, 01:58:33 AM
#30
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

You should avoid pumps and dumps because those are just the strategy of the ones who administered it to profit. There would be times that you can profit from it because you just got lucky but over all you would be on the losing side. There are many people who are using bots to detect unusual activity of the coins so they have edge over others who just wait for the coins to be announce and around half of those trading in exchanges are bots so you are already at a losing side if you do it manually.

Usually, the coins that are pump are those that have low volume for a few weeks around 20 btc or below so that they can easily pump the price. Just be warned that if you are trading in Bittrex and they can detect that you are participating in pumps and dumps then there is a possibility for your account to be suspended.
member
Activity: 126
Merit: 10
Get your share of the future
December 07, 2017, 01:40:47 AM
#29
pumping and dumping very much depend on big whales, they hold a huge number of bitcoin so everything they do effect to the price of bitcoin, it is very hard for us to earn high profit from bitcoin, we can only wait until it reach highest to sell and buy when its price at the bottom.
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