Pump and dump is the name of the game.

henmark

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Quote from: Juliedarwin on November 12, 2017, 08:47:14 AM

Quote from: cybersofts on August 21, 2017, 07:05:16 AM

Did you guys noticed what was happening recently in the crytocurrency world?
People pump certain coin and then dump it later when the price hit the highest level.
And then buy later when the price dip to the lowest level.

What do you think of this? Share your thoughts Grin

It is normally that could happen for trading transactions. Literally It's like a game that when you get win or to loss. So it is better to be wise and you know how to ride the moves or the flow goes pump or dump.

Bitcoins prices flow always goes up and down which may seem to be a pump and dump game to newbies and users of bitcoins. This is so because of the volatile nature of the bitcoins. People think that it is just a time pass for many people but it actually is real world game to make money. You may get examples of hundred and thousands of peeps who have changed their life through it.

Darklinkz

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Quote from: cybersofts on August 21, 2017, 07:05:16 AM

Did you guys noticed what was happening recently in the crytocurrency world?
People pump certain coin and then dump it later when the price hit the highest level.
And then buy later when the price dip to the lowest level.

What do you think of this? Share your thoughts Grin

It depends on you if you want to count yourself as part of them. You have the choice to ignore them or not because if you really know your coin and it's real potential then you know that the only way it's going is up.

nobody-

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Quote from: iram1011 on November 12, 2017, 10:36:06 AM

Crypto market isn't regulated like Stock or share market. Some big holders aka whales are highly manipulating the market for their own profits like we recently seen in BCH where pump is back again in action after a 50% dump. Such big hodlers are making tremendous out of small investors.

For staying safe in this market, one need to trade with logic instead of sentiments. Never follow a sudden price increase or a pump happening without any reason. Jump in a coin which really have potential or use cases. Stay in top 10 or some mid cap coins. Trade with your brain and don't follow someone else's signals or portfolio.

Indeed. Whales can easily manipulate the market. That is why it is best to follow the coin that you really think have a huge potential and not follow the sudden pumps. Because if you follow these pumps and invested on it when the price is high there is chance that it can also suddenly dump. And you will lose your money.

Siopao

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Pump and dump. This has been happening in bitcoin ever since it started. So as a bitcoiner, we should know when to hold, to buy and to sell your bitcoin. We should monitor the value of bitcoin and analyze the movement of btc value so you can get the highest ROI possible.

iram1011

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Crypto market isn't regulated like Stock or share market. Some big holders aka whales are highly manipulating the market for their own profits like we recently seen in BCH where pump is back again in action after a 50% dump. Such big hodlers are making tremendous out of small investors.

For staying safe in this market, one need to trade with logic instead of sentiments. Never follow a sudden price increase or a pump happening without any reason. Jump in a coin which really have potential or use cases. Stay in top 10 or some mid cap coins. Trade with your brain and don't follow someone else's signals or portfolio.

poletando

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PlayGame.com

i think it will happen in all trading subject, like stock trading and cryptocurrencies, what is the different? the pumpers and dumpers can work in the market if the price of coin is lower than their wallet, so they can easly to buy and sell that coin, that makes the price is not stable

CuriousGeorge

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KUWA.ai

Quote from: gekon on September 30, 2017, 04:09:31 AM

Pump and dump is the way to earn profit in Trading of some "big hands". With their huge capital they can do much thing that can affect strongly to the marketcap with news or big selling. We're just some small fish in the ocean that can be swallowed or eaten by any kind of big fish. And they're the whales that we need to dodge.

I think, we as small fish as you said, just need to follow the flow, we need to be smart to read the current trends and the upcoming, we also need to be able to read what all those whales actions.
Traders will rather small capital like us can't even affect the market unlike those whale who could actually affect the bitcoin price or easily manipulate any altcoins with the market volume they capable.

eristica.com

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Quote from: cybersofts on August 21, 2017, 07:05:16 AM

Did you guys noticed what was happening recently in the crytocurrency world?
People pump certain coin and then dump it later when the price hit the highest level.
And then buy later when the price dip to the lowest level.

What do you think of this? Share your thoughts Grin

Sadly, perhaps regulation in this case will be useful. Then you can legitimately limit speculation.

Juliedarwin

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Quote from: cybersofts on August 21, 2017, 07:05:16 AM

Did you guys noticed what was happening recently in the crytocurrency world?
People pump certain coin and then dump it later when the price hit the highest level.
And then buy later when the price dip to the lowest level.

What do you think of this? Share your thoughts Grin

It is normally that could happen for trading transactions. Literally It's like a game that when you get win or to loss. So it is better to be wise and you know how to ride the moves or the flow goes pump or dump.

felipe04

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Its given here in bitcoin because see the past history the price of bitcoin is so low only but after a few years people acknowledge this as good as digital money so the price keep growing month by month,day by day they enjoys bitcoin so its keep growing i think the price go low if some investor are not going well in their project like some coins that didn't go well like the coins are gone

BTCbengi

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It is an effective business strategy. They always know how to increase the value of a coin and then sell it at the highest possible price. Do not do business and keep up the psychological will help you on becoming richer. Most people here follow the opinion of the majority and almost all of them fail.

nidacoinlove

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Quote from: lvincent on November 11, 2017, 12:30:49 AM

It is normal in the world of trading it depends on the strategy of one person on how will he handle or face his/her problems in trading. of course it is normal it is the most basic thing in trading buy low sell high of course you're gonna dump it if it's price is at highest you'll gonna profit a lot and buy again if the price is low so you can have alot of profit if it's price increases.

Traders have no other option than to buy low and sell high. Every crypto trader is with the aim to earn, the only possibility of earning is it's basic rule to be followed which is none other than to buy a coin when it's price is low. Therefore, many of the crypto traders show interest in the ICO because if the coin or the token price rise it gives them benefit with profit.

carriebee

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Quote from: lvincent on November 11, 2017, 12:30:49 AM

It is normal in the world of trading it depends on the strategy of one person on how will he handle or face his/her problems in trading. of course it is normal it is the most basic thing in trading buy low sell high of course you're gonna dump it if it's price is at highest you'll gonna profit a lot and buy again if the price is low so you can have alot of profit if it's price increases.

Well bitcoin has been known by many because of pump and dump value. It is been good to be wise and you know how to ride with the moves in the market for us to earn profit during trading. Pump and dump are usually happening in the exchange.

lvincent

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It is normal in the world of trading it depends on the strategy of one person on how will he handle or face his/her problems in trading. of course it is normal it is the most basic thing in trading buy low sell high of course you're gonna dump it if it's price is at highest you'll gonna profit a lot and buy again if the price is low so you can have alot of profit if it's price increases.

maurobiasolo

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http://scientificcoin.com/

Most of the coins are completely non-sense! They are simply used to raise money and to let people trading them (in a completely unregulated market)

ronafurw

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Quote from: SummerBliss on September 27, 2017, 11:59:02 AM

Cryptocurrencies are decentralised and hence are unregulated. Thus, pumps and dumps which are considered to be illegal in other markets are quite common in here. We certainly can't escape this. Because of this many new investors made loss in altcoin trading specially. Some coins are mere pump and dump ones. Analysing a coin is therefore very much needed before investing.

Pump and dump is part of game and decentralization Is beauty of bitcoin so don’t need to worry about that handle it with calm and everything will be alright and moreover as new investor is not so experienced and will caught into panic and made loss which will result of his staying away from the coins so stay calm and then trade.

mudasarali43

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Pump and dump are also playing the role of game in cryptocurrency because the group is pumping and dumping the coins without any reason so that is why I mention it is working same like the game.

wantjokull

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Quote from: crzy on September 13, 2017, 03:53:36 AM

Quote from: cybersofts on August 21, 2017, 07:05:16 AM

Did you guys noticed what was happening recently in the crytocurrency world?
People pump certain coin and then dump it later when the price hit the highest level.
And then buy later when the price dip to the lowest level.

What do you think of this? Share your thoughts Grin

well if you're a trader its normal, that's the rule of game, this is why technical analysis exist, and for me in every market this is happening, if you're a good trader you will win in this kind of market.

It's not always good strategy to follow because that's uncertain trade and it lasts literally from minutes to hours and not more than that. These groups are artificial, they come together on the medium like twitter, Facebook or telegram more oftentimes to discuss which coins to be pumped at what time, and when but there is risk involved in this kind of gamble. What if many of the users sucks at wrong time and you made wrong investment. Thus can be waste of time and money as well. Winning this kind of situation is completely different because it is anyway manipulated trade. Anything can happen.

gekon

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Pump and dump is the way to earn profit in Trading of some "big hands". With their huge capital they can do much thing that can affect strongly to the marketcap with news or big selling. We're just some small fish in the ocean that can be swallowed or eaten by any kind of big fish. And they're the whales that we need to dodge.

ss890

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Activity: 644

Merit: 263

Yes they will do it always and it keeps happening all the time. But have you noticed that this happens only with specific coins which do not hold much of the value in the initial stages. This is because the coins with premium value will not be affordable to pump at the first stage and if something goes wrong with the trade then it can be harmful investment. People will loose a lot. Roll Eyes

Doesn't matter for the premium coins because they are more or less controlled with big companies and used as utility coin more often. They have stable prices always and are less prone to pampers. Safest coin to invest.

Topic: Pump and dump is the name of the game. (Read 3421 times)