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Topic: The pump and dump tactic - page 5. (Read 1661 times)

full member
Activity: 560
Merit: 100
August 02, 2018, 06:11:04 PM
As you know, one of the most popular kinds of manipulations on the cryptocurrency market. Big players on the cryptocurrency market are known as whales. They can manipulate the cryptocurrency price using the tactic “Pump and dump”. Whales buy a lot of cryptocurrency in several days causing price increases. This attracts new investors to the cryptocurrency because hamsters want to buy more cryptocurrency in hopes that the price will be raising and they will be able to sell assets for the higher price. But this isn’t happening, because whales, after gaining a specified mark, begin to dump coins. In such way, whales get a profit, and the price of the cryptocurrency falls. How do you think how not to become the prey of such kind of whales` manipulations?
 
I think we all need to equip ourselves with knowledge before investing in anything. New traders need to know that the Crypto market is always manipulated and unstable. From there they have to know that when the market goes down it does not mean that the value of the altcoins is reduced. The majority of merchants are often mistaken for this mistake and the psychology becomes panic, followed by whale traps. So we need to be more courageous and subtle.
full member
Activity: 1428
Merit: 120
Sugars.zone | DatingFi - Earn for Posting
August 02, 2018, 05:29:01 PM
pumping and dumping tactics is actually a complex process. from my experience, i do notice when whale enter market becuase you will see a huge and constant buy order however it is always difficult when whales are taking back their investment because there are some factors that may not let you know this. firstly when you follow whale and you invest immediately you are getting 10% interest, you will become uncertisfy and you will not wannat sell your order. secondly whales take profit in fraction so you may not notice it.
Pump and dump is the way whales use to control the market. Many people who are new to this market are driven by pump / dump channels and lose a lot of money. Remember that nothing is easy and pump / dump is not a viable way in this market.
newbie
Activity: 70
Merit: 0
August 02, 2018, 04:47:58 PM
It is used to fight the various tactics that hovers around the place.
full member
Activity: 404
Merit: 100
August 02, 2018, 03:57:32 PM
This tactic is quite common, but we often ask, " Why do we still have a pump and a dump ? But are we still following ? " Because you will rely on those holes to make money quickly .
member
Activity: 406
Merit: 10
August 02, 2018, 03:29:30 PM
The pump and dump tactic do help for those people that want immediate gain on their asset. However, the tactic makes many people to loss their money by buying on unreal  asset because of the demand for that asset which may make them think it good.
member
Activity: 188
Merit: 10
August 02, 2018, 01:55:58 PM
There are even discord, and other groups, who try to organise these kindof market manipulations. We have to be very careful not to get trapped.
full member
Activity: 1498
Merit: 129
August 02, 2018, 12:54:06 PM
pumping and dumping tactics is actually a complex process. from my experience, i do notice when whale enter market becuase you will see a huge and constant buy order however it is always difficult when whales are taking back their investment because there are some factors that may not let you know this. firstly when you follow whale and you invest immediately you are getting 10% interest, you will become uncertisfy and you will not wannat sell your order. secondly whales take profit in fraction so you may not notice it.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
August 02, 2018, 12:24:02 PM
Its simple dont follow the hype and get caught in the trap by whales,people tend to go and chase highes when they see ongoing pump but it cant be done correctly because you will never be able to predict where the top is
Good point, better not to chase the peak and just focus with decent earnings, it's hard to play against the whales as they have a huge capital to ruin your investment, do it wisely and go with the flow buy when they dive and sell when they already pumping, never to feel greedy and wait for the highest peak as most of the time they just do it overtime so its hard to predict what can be the top peak, learn from previous movements and use it as basis in order to select your sell positions.
jr. member
Activity: 162
Merit: 1
GPTCash Weekly Airdrop: https://discord.gg/YHngU9x
August 02, 2018, 10:51:31 AM
As you know, one of the most popular kinds of manipulations on the cryptocurrency market. Big players on the cryptocurrency market are known as whales. They can manipulate the cryptocurrency price using the tactic “Pump and dump”. Whales buy a lot of cryptocurrency in several days causing price increases. This attracts new investors to the cryptocurrency because hamsters want to buy more cryptocurrency in hopes that the price will be raising and they will be able to sell assets for the higher price. But this isn’t happening, because whales, after gaining a specified mark, begin to dump coins. In such way, whales get a profit, and the price of the cryptocurrency falls. How do you think how not to become the prey of such kind of whales` manipulations?
 

this trend has been happening again and again forever.  this makes the rich getting richer and poor getting poorer.  this is not happening on crypto alone, it happens in our real world stock market.  it's more ideal to have wealth distribution that is spread out.  this will likely make pump and dump more difficult.
jr. member
Activity: 154
Merit: 1
August 02, 2018, 10:11:34 AM
Like they say if you can't beat them, join them, by the time every body attempts to be a whale or take up the pump and dump strate,  the strategy will crash, fail and stop working. That's my theory
copper member
Activity: 49
Merit: 0
Just grinding everday
August 02, 2018, 10:06:46 AM
Virtually, the pump and dump is been conducted by the whales. The whales manipulate the prices of coins and they know when to book their profit and when to enter into any trade. In my own view, in investment, its better to invest for the long term than day trade as long term investors don't bother for any pump and dump tactic

Once Exchanges can track traders along with the coins on suspicious accounts, this practice will continue to cheat honest people of their funds
newbie
Activity: 154
Merit: 0
August 02, 2018, 10:04:08 AM
Honestly Speaking its the easiest way to loose your money if you are not fast to catch up.  The whales manipulate the prices of coins and they know when to book their profit and when to enter into any trade.
newbie
Activity: 154
Merit: 0
August 02, 2018, 10:01:38 AM
Virtually, the pump and dump is been conducted by the whales. The whales manipulate the prices of coins and they know when to book their profit and when to enter into any trade. In my own view, in investment, its better to invest for the long term than day trade as long term investors don't bother for any pump and dump tactic
newbie
Activity: 67
Merit: 0
August 02, 2018, 03:56:55 AM
You can definately prevent yourself from falling in to pump and dump by making a decent research on the project you want to invest in. See if there are any major updates that can cause the price pump and never buy at all time highs.
sr. member
Activity: 476
Merit: 278
August 02, 2018, 03:52:52 AM
Its simple dont follow the hype and get caught in the trap by whales,people tend to go and chase highes when they see ongoing pump but it cant be done correctly because you will never be able to predict where the top is
legendary
Activity: 1834
Merit: 1036
August 02, 2018, 03:37:49 AM
I would rather buy a coin that is in Red for a long time and wait for the time that it will be pumped by a group of pump and dump than join a group of pump and dump, pay a fee, wait for their signal on which coin to buy at a certain date and time. The owners are the one who gets rich in this kind of scheme because they get paid.
hero member
Activity: 910
Merit: 509
August 02, 2018, 03:13:49 AM
If you find yourself stuck in that situation, hodling the coin might be the smartest move and
wait for the next bull
This pump and dump is quite normal thing when it comes to that of the crypto currencies and that you have to be wise enough to deal with it in a decent way. If you can’t make it smart decision at time of pump and dump, then it will not be possible for you to make out anything from your investment. Keep on holding your coins at time of dump and then wait for some significant pump before selling them off.
hero member
Activity: 2702
Merit: 585
Leading Crypto Sports Betting & Casino Platform
August 02, 2018, 01:43:04 AM
The pump and dump things it is a very bad idea. Also, it bad way or manner to buy a less asset. It really make people loss money and didn't allow the trade to know the value and potential of at asset. Although, it is good for quick money making but very bad for good asset.
Well for more cases we are totally incapable of making any good move in this market. The reason is, investors are always making impact on bitcoin market. They don’t let this coin live a happy life. They are always ready to make it prey for any reason. Anytime when bitcoin start raising its head, they start making panic in market and hence things get down and we start calling it dump,
newbie
Activity: 183
Merit: 0
August 01, 2018, 05:43:57 PM
This is the shark's investment strategy in this market. To do this you need a lot of money and you understand the psychology of the market. Then you get a profit.
full member
Activity: 602
Merit: 100
August 01, 2018, 05:40:10 PM

We are at early days in Crypto and the market can easily be manipulated. You decide if you want to be part of it
and make some profit ( if you are experienced enough ) or you stand by the side and holding.
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