Topic: Weekend pump or dump? - page 5. (Read 709 times)
If we have same formula in this crypto market we should be rich now. everything can change and not easy like that hommie
those pump and dump group will make to dump during weekend to have a reason that people sell during this days to take money for weekend expenses but the real scenario is those pump and dump group making damage on the crypto market. It's just a price manipulation.
If in week end not have good news its usually dump, some day trader is off for rest or take profit before week end..but somehow i have feeling thats bullrun is near..
I guess it is the opposite now, on Monday this week Bitcoin and most of the altcoins are dumped, even some of alts reacded its all time low, but starting today (Friday) the market rise again, though it still not surpass the resistant. But lets just hope this is the start of bullish.
Weekend days are just ordinary days. But many people are not working at the weekend and the banks are not open. Because of this reason the volume is generally lower than the weekdays. Low volume means easy manipulations easy pump and dump.
there is no pattern that you can find that occurs over weekends or any other day of the week or months or years or anything else like that. we have periods that sometimes take hours, sometimes days, months,... this weekend like any other weekend and any other week day we will continue seeing some altcoins be pumped and the rest of them to be dumped.
Asking what to know during the weekend can't get an accurate answer but what we've been observing for the past months during the weekend the dip happens.
I'm not sure if there is significant reason about that but someone said before that its because people are going shopping and need cash so many are taking profit and selling their coins for it. That's just a guess so observe the market coming pump, it shall be down.
I'm not sure if there is significant reason about that but someone said before that its because people are going shopping and need cash so many are taking profit and selling their coins for it. That's just a guess so observe the market coming pump, it shall be down.
In previous weeks we experienced crypto dumped during the weekends and seldomly pumps. What do you think will happen this week?
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