Topic: Ryan Pumper: Pumpers Picks (Updated Daily) - page 108. (Read 221141 times)

The twitter link does not disclose much info.
Is this a free registration, or does it require BTC to join the service?

Ryan, I have to admit, you are doing a great job here I have a question, how do you know that a particular coin has changed the volume. Of course you can refresh bitrex but it's not the point. Can we have an alert on volume? 

+1000. This changed everything for me. Timing is EVERYTHING in crypto

If you buy at the wrong time, you can kiss you chances of profit goodbye.

PUMPERS PICKS: Private Membsership
Week Beginning: 12/22
Week Ending: 12/28

Do you keep buying into coins, only to see the value fall drastically within mere minutes? Are accumulated losses making you feel that you have wasted your time with Crypto? Are you tired of losing out to bots, and showing up late to whale-games only to be dumped on, shattering your capital in the process?

If you have been sailing these waters alone and having your boat tipped over every time a Whale surfaces, then now may be the time to adjust your approach.

Registration for Pumpers Picks is now OPEN

Registration closes Tuesday 12/23 at 6pm EDT. Our members netted a 5,582% gain in October, 4,569 in November and are currently up 2,299% this month.

We are already moving on next weeks coins!

Just send me a Private Message here or a Direct Message on Twitter to sign up.

Happy Trading!

18 Dec - 21 Dec
Total return: 1373%
Coins: ESC

It is often said that, the lack of certainty in trading renders all of your activity in the market as mere gambling. Trading without an edge is just that, gambling. Novice traders will log onto Bittrex on one random day, after browsing twitter for tip-offs, with the sole aim of “catching some waves” or “scalping a quick x2.” Even the research that they do conduct is so irrelevant that it only helps to hasten the process of them losing their entire trading fund. These novice traders see nothing wrong with taking a trade without having a holistic understanding of what the bigger picture is. Novice traders are gamblers. These guys are under the falsehood that the market is a living, breathing thing that works only to strip them of their BTC – so it is their constant goal to “beat the market.” An impossible proposition. This is a direct contrast to the approach and mindset of a skilled trader who understands that you have to “trade with” the market. A skilled trader knows that there is no justification for taking a trade without any certainty of the outcome. He knows that trading isn’t only the act of buying and selling – but is also the research conducted beforehand. Whilst novices only use the 6hr, 12hr and 1d charts,  (which is like trying to win a boxing match with both hands tied behind your back) Skilled traders are fully aware that the answers to all of their questions  - regarding price movement especially, are hidden in plain sight in the ALL chart. Gambling isn’t trading, and trading isn’t gambling. To be consistently profitable, your strategy must be thoroughly proficient in exposing high probability trading opportunities – if not, then for you, trading will always be a losing proposition.

ESC


Skilled traders are practically always in the market, usually with orders in on both sides so that buying can be conducted on declines and sell orders executed during rallies. Skilled traders are always well funded and able to buy on declines, because they are the ones who make up 100% of the sell side during rallies – so, as well as realising profits on the way up, they accrue a larger amount of funds to dominate the market during the next decline.  If novice traders would learn to do this, there would be fewer market fatalities.

It is difficult not to over-emphasize the importance of studying market phases, particularly when formulating your trading decision.

Many would ask, “why does it matter if I buy during the distribution stage of the price cycle.”

Well, buying during the distribution phase is probably the most foolish thing anyone could do – simply because during distribution, prices advance to the point where no further buying can be stimulated. This is because as the market moves out of the accumulation phase, and into distribution, supply is gradually moved out of the hands of skilled traders – and into the hands of the novices (weak hands).

Because weak hands will only buy into a coin once sell resistance is sky high – thus prices can no longer move – you begin to see people cashing out small 5% profits... then 3% profits... then, the buy orders start to fade away – and finally all hell breaks loose. Prices begin to plummet as these weak hands grow increasingly jittery due to fear of losing. 

So, again, it is very important to develop an understanding of market phases, and price cycles. Without an adequate understanding of such important factors, your losses will always outweigh your gains.

Novice traders are the majority in the market, and they rarely see value until the this value is most markedly demonstrated to them, which is often when a coin is hitting all time highs and skilled traders have already cashed out 200%+ profits.

This means the majority of participants in this market do not lead, but are led into speculating on the “continuation” of a price-move (gambling), rather than understanding why and when  an actual move is going to occur (trading). This is why they fail, repeatedly.

ESC is a market that is so obvious, that I do find humour in how easy it is to play it for profit. (Every Altcoin is just as easy BTW)

There is a reason why the phrase “read the market” exists.

You see, the market leaves its own DNA buried in the charts and in the order books. As a trader it is your role to uncover this information, and then to use it to your advantage.  And, I’m not making reference to RSI, or Bollinger Bands or some other useless oscillator – I’m referring to: 

1. Recurring Price Patterns
2. Market Behaviour
3. Market Phases

all of these factors are exploitable in each and every altcoin. They combine to create what is known as The Price Cycle.  Mastering this cycle is what will take you out of the realm of the gambler, and into the realm of skilled trading.
 
The Ultimate Buying Strategy

Tip: Wait for high-conviction trades. I am perfectly content to sit on the sidelines and do absolutely nothing until there is a trade opportunity that meets my guidelines. Having the patience to wait for only the most logical plays greatly enhances the return/risk of individual trades and once you begin to average up, these returns will compound into exponential gains.

SIDENOTE: You want to eliminate as many poor-percentage and high risk trades from your repertoire as possible. Once you have done this, you will see a dramatic boost in your overall profitability. Trading less and taking only the best-percentage trades are such an important part of pulling consistent wins. Ask yourself before each trade, “why am I taking this trade?” If you don’t have an answer – or can’t justify the answer, then skip the trade.  To develop the mentality needed to win in Crypto, you must develop a high probability strategy. It is as simple as that. You must have the discipline to sit and wait for only the most optimal trades where all the factors of a bull run are lined up and painfully obvious. Only then should you be putting on a trade.

Note: BTC is a buy right now. Pay attention to the price and execute your buys at the low points. Oct - Dec will be very interesting.

Twtter: @Pumper_Ryan follow for daily picks, and updates.

That's the key to everything right there.. apart from news..

we don't use news events to trade, just technicals

everything else is spot on

Thanks Ryan

Once again this makes total sense - so with this advice ringing in my ears & the dubious new coin I bought into already dropping in value, I cut my losses, sold out and spent some serious time going through all the charts.  Also sold all my other 0.1 BTC holdings that even if they went x300% were not going to make me rich... & made up a little "all-in" war chest of just over 1 BTC.  The question which was really getting to me was - how do I know which one of these coins is DEFINITELY going to have another rally?  It has to be definite if I'm putting everything on (I can afford to lose it sure, but my wife's not gonna let me sink another $300 into trading if I'm losing!!! so I'm risking my "fun tokens" ha ha).  Litecoin or Dark are BTC trading partners, but I'm not sure which way they will go next, and all the other ones I found with nice patterns seemed to be (maybe) at the top currently (e.g. ESC) or looking good but unclear when/whether would lift off again (e.g. START,LTCD).

Eventually I realised that there is a coin which I'm dead sure has to rise again - CANN.  How can it not?  It's here for the long haul, has good real-world traction and a virtual certainty of news events.  Once I realised how sure this is, I mentally tipped my hat in agreement with Ryan and the other experienced traders - 110% predictable in some markets seems more than fair.

Now all I have to do is deal with the market's two determinants (fear and greed) WITHIN me!.... how high shall I set my spread of sells?  But the uncertainty of wondering if I picked the right coin is gone, and so will be the constant pulling funds in and out of crappy coins, losing money every time.  I'll just enjoy Christmas even if my CANN falls to half the value... at the very least the next twitterstorm will bring it back up to level.  More likely, I'll cream off some profit when it hits my sells - unless I've been too greedy.

So for all the noobs reading this column for advice on how to invest a very small stack, (that's what I've been doing for a couple of months) I'm taking Ryan's & other posters' advice - NOT diversifying, but picking a good quality coin that I have very good reason to expect to rise again (have to be sure) but is relatively cheap & out of the public eye at the moment but that people are still throwing money into, & buying in at wholesale prices.  There's no repeating pattern to work from with this coin but reading the CANN thread I'm (like totally) sure there'll be newsworthy publicity "events".  Then we'll get the perfect storm of twitter, crypto news articles, volume, front page of Bittrex & fresh money flowing in in panic buying &...... if you agree with me.... (do your own research!) we'll have our coins already in hand to redistribute to those who used to be like us!

So - that's my thinking.  And yes before anyone says - of course I'm a bagholder...since about 30mins ago I am!  But the amount of BTC that went in & out of that coin a couple of months ago had nothing to do with feeble attempts to talk up coins on forums, of that I'm sure - so that's got nothing to do with it.  I'd just like to share my thoughts with others long & short in the tooth & see what people think of my reasoning... 

In particular, I wonder if with so many bag holders now, the next CANN rally may be much more subdued & struggle to reach 100-200% rather than the dizzy heights of the first one.  I set my sells at about 500% when I had a bit of ESC & could have made about 2.5 times what I did!  so I don't want to sell out at 50-150% & miss a 1000% moonshot - but neither do I want to set sells of several hundred percent & miss out on doubling up my lone bitcoin.  I know- set a few orders at different levels (I have) - just wondering what people think about the next rally (likely to coincide with next news event maybe in January)...

TL;DR ...I don't know what I'm doing, but based on stuff I've read here & my child-like reasoning, I've sunk everything spare into CANN & gonna hodl till next rally which I've convinced myself is a 100% sure thing!  woop woop!

Cheers

jk

If that helped anyone or if anyone's fed up of being rich:  1JeABtkQrUXgDJ2eoPitNuVLsq3jps8F7k 

im on that train also  bought @74sats sold at 136 sats...waiting for 2nd wave 

Troll? I was agreeing with you. Fuck off you ignoramus. You are dumber than dirt.

lol ICG taking off again

ESC has done this exact same shit four times now right under everyones nose ha! ryan is like the crypto sensei or something,
i'm at a 264% profit on ESC.
I'm pissed off though because I could only accumulate .8btc worth so I've ended up with 3.9 btc. Not bad, but wished i started buying sooner. im trying to hit 15 btc before the end of the year

Nice to see you here, djm   But don't stay too long, except Ryan and s few others, I believe we are dealing with bad examples of AI  

It's starting to become too easy this altcoin trading stuff

whats 2btc + 500%?

lol  

  ESC ESC ESC

579% from one flip

You, Sir, might have some disorder similar to me (language). Read and read and read until you understand. I will help you with one thing, this sentence is important in the second paragraph: "Please understand that I read this in a theoretical way but with mundane examples".

As the first paragraph is built on logical truths accepted all over the world for a long time, I'm uncertain you ever understand no-matter how many times you read it. But give it a try: stop watch kids' TV and let mommy read it for you in bed before you sleep 

Best of luck!

Sorry for OffTopic:

IFC I don't think I've ever heard of, but it's correct: JPC had potential, and Burst still has it and will prove it the coming months.

However, what's your point?  Did my support of JPC and does support of Burst has anything with the topic discussed? If you going to comment, I'll suggest you comment the arguments!

Troll.

This is the wild west bro

Waiting for next picks

Pump it up:

https://www.youtube.com/watch?v=tpprOGsLWUo

While it may not be illegal right now, you must remember that pumping up a price of an item to profit from the sheep always means that there will be losers. The profits always come at someones expense in this game. The government will eventually notice and will regulate. Be aware that the government can enact laws retroactively and come after groups such as this. Just be aware of all of the rewards vs risk.

Round one



Round two



Pattern anyone?