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Topic: what do you think about pump and dump? - page 17. (Read 10024 times)

full member
Activity: 658
Merit: 103
September 17, 2017, 04:49:36 AM
what do you think about pump and dump?  did you ever trade on pump and dump event? can you give few tips for how to make money from this events? what i need to look for?

I think pump and dumps are pretty common in the altcoins markets.
I tried to trade twice time ago, once I earned money while the other one I lose it.
In order to make money from this event, you have to be the admin of pump and dump groups and buy before the others.
Yeah pump and dump are common in the cryptocurrency world. we can see a lot of pump and dump coins everday. I always buying if the coin is dumping or going down and I always selling if the price is pumping or going up.
full member
Activity: 140
Merit: 100
September 17, 2017, 04:46:12 AM
For me, pump and dump usually happens to scamcoin/shitcoins. I have observed that if an altcoin rise more than 100% then that means the next day it will just fall back again. Some people ride into this pump and sell it with just 20%-25% profit. It's really risky for a newbie like me.
full member
Activity: 140
Merit: 100
September 17, 2017, 04:36:18 AM
For pump and dump usually happens to scamcoin/shitcoins. I have observed that if an altcoin rise more than 100% then that means the next day it will just fall back again. Some people ride into this pump and sell it with just 20%-25% profit. It's really risky for a newbie like me.
hero member
Activity: 2282
Merit: 589
September 17, 2017, 01:34:14 AM
I had wanted to join in the pump and dump group but my friend forbade, because according to their experience that most of you will lose your money, because small percentage of success if you don't have very much fund.

True, small investors will lose everything if the pump and dump groups wants. Usually what happens is that the admins of those groups invest in those coins first then they advertise it to the group members and they may take out their money any time after when everyone invests.
sr. member
Activity: 1162
Merit: 258
1xbit.com
September 17, 2017, 01:04:55 AM
I had wanted to join in the pump and dump group but my friend forbade, because according to their experience that most of you will lose your money, because small percentage of success if you don't have very much fund.
member
Activity: 69
Merit: 10
September 17, 2017, 12:10:45 AM
I had a bad experience when I was trying to go with pumping and pouring projects. I usually do not advise anyone to join the pump group and pour, it is not illegal but it is unethical in my opinion. I lost my entire capital many times in the early days of my business when I invested on the opinions of others, most of whom became pioneers and attracted the first people to attract. Other investors to invest coins that they have originally invested.
hero member
Activity: 1344
Merit: 502
September 16, 2017, 11:40:52 PM
I wouldn't go for any pump and dump groups personally

Way too easy to end up getting dumped on without making any profit at all if not incurring a loss unless you're super fast or are using a trade bot
sr. member
Activity: 644
Merit: 261
September 16, 2017, 11:14:11 PM
what do you think about pump and dump?  did you ever trade on pump and dump event? can you give few tips for how to make money from this events? what i need to look for?

Usually the coins that will be chosen for pump and dump are those coins that have low volume so that they can easily pump the coin and attract others to buy it. I would not suggest for you to join pump and dump if you are not fast enough because I believe others are using bots so they would be the first to buy the coin and dump it to you thus you will end up in a loss. Many admin also in a scheduled pump and dump would buy first in the previous days with a minimum amount so that it will not be noticed and they will dump it to you on the scheduled date. Though there are legit pump and dump wherein there are no pre-pumps as what they claim, it would still be advisable to not join it because you may end up losing more than profiting from it.

There are others who would study the market cycle of a coin and then buy when it dips so that in time when the big whales come in and pump the coin, you already bought at the bottom thus more profitable for you. Though this strategy may take a long time, I think it would be more profitable than participating in a pump and dump that last for a few minutes. There are a lot of ways to trade and if you think you can profit from pump and dump then it is your choice.
full member
Activity: 364
Merit: 100
September 16, 2017, 11:03:54 PM
what do you think about pump and dump?  did you ever trade on pump and dump event? can you give few tips for how to make money from this events? what i need to look for?
Its been a normal to all of us that there is pump and dump and we can't avoid this kind of event. I never trade during dump and i always wait the pump event. With this all you need to have is patience in waiting that the price will increase.
sr. member
Activity: 459
Merit: 251
September 16, 2017, 12:54:56 PM
what do you think about pump and dump?  did you ever trade on pump and dump event? can you give few tips for how to make money from this events? what i need to look for?

I liked pump and dump, because for me it's art in trading  Grin
and my suggestion do not buy when the pump occurs more than 70%, it's better to wait to buy at bottom or buy another coin

That’s true. It seems like the question man is not an expert rather is a newbie. So, advised, stay away from these market fishers. They are only to indulge the newcomers by showing them huge money out there and then they play with their money, making loss to newcomers. It happens many times.
Yeah, although this scenario does not make us loss  our money after long time trading on the crypto market and received more experiences, but it very useful for whales eat newbie and speculators. Grin
Whales are always looking for those who are new to this market so that they can enjoy big profits form their silly mistakes and I really feel sorry for newcomers. The older traders should help them out at maximum to avoid losses. There is no need to let them fall to whales.

Newcomers who are looking for quick ways to get rich with doing their own research is just scandalous. They deserve the consequences that come to them in whatever form it may be. Much easier to buy and hold BTC long term.
hero member
Activity: 952
Merit: 503
September 16, 2017, 01:05:18 AM
what do you think about pump and dump?  did you ever trade on pump and dump event? can you give few tips for how to make money from this events? what i need to look for?

I liked pump and dump, because for me it's art in trading  Grin
and my suggestion do not buy when the pump occurs more than 70%, it's better to wait to buy at bottom or buy another coin

That’s true. It seems like the question man is not an expert rather is a newbie. So, advised, stay away from these market fishers. They are only to indulge the newcomers by showing them huge money out there and then they play with their money, making loss to newcomers. It happens many times.
Yeah, although this scenario does not make us loss  our money after long time trading on the crypto market and received more experiences, but it very useful for whales eat newbie and speculators. Grin
Whales are always looking for those who are new to this market so that they can enjoy big profits form their silly mistakes and I really feel sorry for newcomers. The older traders should help them out at maximum to avoid losses. There is no need to let them fall to whales.
full member
Activity: 574
Merit: 100
September 16, 2017, 12:58:37 AM
what do you think about pump and dump?  did you ever trade on pump and dump event? can you give few tips for how to make money from this events? what i need to look for?


yes I really take advantage of such circumstances, but never you to use or trust with a group that calls pump / dump, actually they have bought the coin in advance new announcements to other users that will be in the pump, after you buy then they will sell it to the bottom again.
legendary
Activity: 2926
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
September 16, 2017, 12:33:33 AM
what do you think about pump and dump?  did you ever trade on pump and dump event? can you give few tips for how to make money from this events? what i need to look for?
I think pump and dump are common term for the price of coins which are it go up and down the price. All trader called that pump and dump once the coin pump time yo sell if the coins dump time to buy.
It's because to it's volatility, it can dip and rise but it will be normal what we need only is used the btc or alts opportunity when it pumps and buy some when it dips. Anything is possible,it's on proper planning can make us successful.
There is always a possibility of experiencing things that we are not prepared for in the crypto market but as far as bitcoins are concerned, we do have their history and I believe with the previous data we can easily predict the future of the bitcoins.

I come to the conclusion that bitcoins are worth holding in dumps.
newbie
Activity: 56
Merit: 0
September 15, 2017, 03:12:50 PM
An invitation for regulators, and reason of crypto unstability.
legendary
Activity: 1512
Merit: 1010
ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
September 15, 2017, 01:12:05 PM
I think finding a pump or dump is quite hard, there are many groups who actively pump and dump according to their plan but not everyone makes profit in them. In some groups, just whales make money from followers.
sr. member
Activity: 840
Merit: 250
www.guestcrew.com
September 15, 2017, 01:06:48 PM
what do you think about pump and dump?  did you ever trade on pump and dump event? can you give few tips for how to make money from this events? what i need to look for?
Pump and dump are normal in this cryptocurrency world because it has a characteristic of being volatile. Today most of the coins are dumping because of banning of the bitcoin and other ICO in China but I am sure that all of the coins will pump again.
If altcoin only stable, there is no use for cryptocurrency to be treated as trading because it's hard to get profit from there and also Bitcoin won't be stronger like this if there was no pump and dump exist.
full member
Activity: 434
Merit: 117
September 15, 2017, 12:50:58 PM
what do you think about pump and dump?  did you ever trade on pump and dump event? can you give few tips for how to make money from this events? what i need to look for?
Pump and dump are normal in this cryptocurrency world because it has a characteristic of being volatile. Today most of the coins are dumping because of banning of the bitcoin and other ICO in China but I am sure that all of the coins will pump again.
sr. member
Activity: 672
Merit: 250
September 15, 2017, 12:23:33 PM
what do you think about pump and dump?  did you ever trade on pump and dump event? can you give few tips for how to make money from this events? what i need to look for?
all time you follow blog article and follow all exchange site. You follow buy and sell order book. buy sell order tell you that this coin pump or dump for short time.
hero member
Activity: 756
Merit: 500
September 14, 2017, 01:50:04 AM
what do you think about pump and dump?  did you ever trade on pump and dump event? can you give few tips for how to make money from this events? what i need to look for?
I think pump and dump are common term for the price of coins which are it go up and down the price. All trader called that pump and dump once the coin pump time yo sell if the coins dump time to buy.
It's because to it's volatility, it can dip and rise but it will be normal what we need only is used the btc or alts opportunity when it pumps and buy some when it dips. Anything is possible,it's on proper planning can make us successful.
Pump and dump are the terms used for the volatility phenomena of the crypto currencies i.e. pump refers to the rise in the prices of currency whereas dump refers to the downfall in the prices. I would say pump and dump is basically the beauty of trade. Traders sell when it is pump period in the market and often buy when it is dump period.
hero member
Activity: 2534
Merit: 586
September 14, 2017, 01:23:17 AM
what do you think about pump and dump?  did you ever trade on pump and dump event? can you give few tips for how to make money from this events? what i need to look for?
pump and dump is a natural thing in the world of crypto trading. to pump and dump must have a very large capital. I've done it in altcoin, because the amount of capital is not great then I choose the altcoin that is still emerging. after doing it I finally get the benefit. but I confirm that this is very risky because you have to trust 100% against altcoin you buy. because if you can not make the right decisions you may lose 50% more.
That’s the reality indeed. To be the cause of pump or dump is full of risks and even being among those few who control pumps and dumps is not an easy task. You may lose all you have here. That’s a smart thing if you tried all this with altcoins because bitcoins are much powerful and doing such experiment with them will be definitely a failure.
Of course this reality of concomitant prevailing of pumping and dumping of the crypto currency tells us about the risk factors involvement. It is sure that if take risk and the prices rises up so you will get uncountable profit as well you may loss all of you money if unfortunately the prices fall down but I think great risk great profit in especially in case of business itself.
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