The pump and dump tactic - page 8. | Bitcointalksearch.org

shoreno

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Quote from: darasinmi4show on July 26, 2018, 12:11:06 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.

pump and dump tactic or strategy are not bad because it is actually beneficial to the investors or traders . they can buy a coin if it dumps and they can also sell a coin if it pumps . you will only loose if you dont know how to play this game .

Quote from: margaret22 on July 25, 2018, 02:17:52 PM

It always happens with the smaller tokens. For Bitcoin manipulation, a very big whale is needed

So do not buy small coins, when there is a price pump with no real reason possible to find.

I agree. Pump and dump events are always happening to new coins which do not have a lot of demand because they are smaller and verry easy to manipulate . so i also suggest that stick only to some legit and popular coins because they are less prone to manipulations and scamming attempts .

darasinmi4show

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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.

Dudeperfect

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To be honest, as far as these big whales have the ability to manipulate the market with money, there is no way to stop them. However, as a user, we can always keep improving our approach towards the market. Mass awareness is the only option to build the ability to deal with the worst situations in the market. I honestly believe that there is still a lack of mass maturity and hence it is helping the big whales to manipulate the market in the way they want to make money out of it.

yndye

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Quote from: Pattart on July 25, 2018, 09:08:55 PM

Quote from: jessica2020 on July 24, 2018, 01:06:42 AM

Theres a lot of whales in the market. Holding it is the best option. If it is dump, it is the best time to buy some coins while it is low, when it pumps its the best way to sell your coins while it has a good price.

Yeah I thought it was a basic tactic and everyone would know it, but you know that sometimes the change is hard to predict, when the price weakens and you think it's the right time to buy, whereas the price goes down again? you have to be really smart in reading the market that's the key..

That's the reason you should have a trading plan always so that you will know when you should sell and when you should have a stop loss. You will get better with it when you have a lot of experience and you are doing it over and over again and this would in effect prevent you from making rush decisions since you know when you should act. Even though that there are times when it would work not on your favor, you can still prevent losing more if the price continues to go down; otherwise, you can buy more if you have still funds reserve.

mattmcegg

newbie

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The best tactic in a down market is Dollar Cost Averaging. https://www.investopedia.com/terms/d/dollarcostaveraging.asp

Pattart

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Quote from: jessica2020 on July 24, 2018, 01:06:42 AM

Theres a lot of whales in the market. Holding it is the best option. If it is dump, it is the best time to buy some coins while it is low, when it pumps its the best way to sell your coins while it has a good price.

Yeah I thought it was a basic tactic and everyone would know it, but you know that sometimes the change is hard to predict, when the price weakens and you think it's the right time to buy, whereas the price goes down again? you have to be really smart in reading the market that's the key..

Bitcoin_Speculator

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Pump and Dumo static when to buy and sell bitcoin. Take note that pump and dump is not a new scheme that whales do in crypto market, if you are late on selling just hold, some time soon the whales will be pumping the market again. Take note that whales will not always control the market,Dont buy a coin when pump its risky

yonjitsu

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www.daxico.com

I believe that pump and dump is a way made by others especially by big fish who is trying to manipulate bitcoin's market price. If a single big fish who sell his voluminous bitcoin at a single time, then a big dip will occur that would also creates FUD to others and will eventually sell their holdings too because of fears. So as the price goes very cheap, that whale will buy it again but at a lower price this time.

Lanatsa

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Quote from: Reatim on July 24, 2018, 11:22:12 AM

Quote from: Vanester2014 on July 24, 2018, 10:50:28 AM

They are mostly scammers thats using some huge group to drag peoples in there groups then gave a signal on which coins they want to buy and when the time comes that more people are buying they will also start selling there bags and all people where live at the peak because there coins already dump.

Oh well, we can categorized them as scammers because they are really taking advantages of newbies just walking the door and them promising good returns but we all know that you can earn a lot without you paying the premium prices for the signals. So its good if you can stay away from them and do your homework do avoid lost of your money. I'm sure that all your hardwork will be paid at the end if you do study the coins that you are going to invest.

Newbies is usually got victimized with these schemes but as a experienced one you can really make money into those groups if you do know how to entire on the right time and leave out.
This is a common scheme even up to these days it do still exist because there are still people who do keep feeding those scammers where their main is to take advantage of those people who do have less knowledge.

margaret22

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It always happens with the smaller tokens. For Bitcoin manipulation, a very big whale is needed

So do not buy small coins, when there is a price pump with no real reason possible to find.

JL421

hero member

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It is happening again but this time only bitcoin is getting pumped, if this pumping continues then there is definitely a chance for altcoins to also get pumped really soon. I have already bought several altcoins after today's dump and would recommend you all to do the same as this market doesn't wait for anyone

Reatim

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Eloncoin.org - Mars, here we come!

Quote from: Vanester2014 on July 24, 2018, 10:50:28 AM

They are mostly scammers thats using some huge group to drag peoples in there groups then gave a signal on which coins they want to buy and when the time comes that more people are buying they will also start selling there bags and all people where live at the peak because there coins already dump.

Oh well, we can categorized them as scammers because they are really taking advantages of newbies just walking the door and them promising good returns but we all know that you can earn a lot without you paying the premium prices for the signals. So its good if you can stay away from them and do your homework do avoid lost of your money. I'm sure that all your hardwork will be paid at the end if you do study the coins that you are going to invest.

Davinus

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If you are in a coin long that is being pumped, consider getting out or after riding the wave a bit) and flipping into Bitcoin with a portion of your coins. Then, if and when it comes back down, buy back in. This avoids you riding through both the pump and dump phase of your favorite coin (the pump will seem great, but the dump is not going to feel good. This being true if you aren’t concerned about taxes like the long term capital gains tax, which results in lower rates in the US for example, might be a reason to stay in a coin long despite a pump and dump.

LianaSie

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Truly they are doing this, and that is one of the reasons why it is riskier to invest in smaller coins, because they are easier to manipulate.

Vanester2014

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Borderless for People, Frictionless for Banks

They are mostly scammers thats using some huge group to drag peoples in there groups then gave a signal on which coins they want to buy and when the time comes that more people are buying they will also start selling there bags and all people where live at the peak because there coins already dump.

btccoffee

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kingcasino.io

This pump and dump tactics only for some duml people who realy dont know how to earn hard for money. They are a bunch of scammers who victimised people that have a poor knowledge in crypto like some newbie people.

onrise

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Quote from: 1978lover on July 24, 2018, 07:45:36 AM

I think holding is the best thing and I completely agree with you on this front.

It does work with the best coins as sometime the fall happens and then people sell it. But those who hold it in the long term will get the most of it as sometimes you need to forget about the short fall that happens and need to think for long term

Koro-Sensei

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Quote from: nick_bogdan on May 12, 2018, 09:45:34 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?

Yeah they've caused a lot of trouble for the new investors. It isn't a good tactic I mean you are basically laundering money from the poor minded people that doesn't really know how to have an effective way of earning. Whales are unfair bunch affecting way too many people just for their own benefit isn't commendable at all.

nealdlover

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Quote from: nick_bogdan on May 12, 2018, 09:45:34 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?

I have never been trapped by whales, because I have a strategy to fight it. holds Bitcoin for a long time. Because the whales usually manipulate Bitcoin and pump at Bitcoin. Everything is in Bitcoin, we hold Bitcoin as a safe bet and never fear a hole.

1978lover

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I think holding is the best thing and I completely agree with you on this front.

Topic: The pump and dump tactic - page 8. (Read 1678 times)