Topic: what do you think about pump and dump? - page 20. (Read 10071 times)

You are absolutely right. No one can predict the pumps and dumps with 100% accuracy. Because unlike the case with fiat currencies, the stats are not available for the demand-supply equilibrium regarding crypto-currencies. So apart from making a wild guess on the future exchange rates, we can't give out any advice on when to purchase these coins.

First you need to learn many things, involving or trading in a pump and dumo or scalping is too hard for a newbie because its almost a minute to minute buy and sell and if you lose what will you do? You should practice first but learn some analysis before taking up to that events.

I don't think pump and dump actions are ethical, it relies on having a supremacy over the people who have little capitals. I never join those kind of actions although I know I'll be rewarded.

I dont get it? what is pump and dump? its connected to trading but how is it called pump and dump? still don't get it.

not try it before but i think it is good for short time

Indeed. That's why its important that you at least should have an approximate target and don't rely instictively on these pumps and dumps because they're very hard to read. If you miss the chance to sell when a coin is pumping, then wait. Never have regrets about missing out on a chance because you may lose a lot

I have spent experience in that pump and dump. One type of pump and dump is due to the market demand and supply of the coin I call it as real pump and dump or real fluctuation in price. Doing trade in that situation is better if you have the knowledge of the market of that coin. While on some exchanges like yobit you will see the bot doing pump and dump, that type of fluctuation is much risky as that will make you lose sooner if you were not able to sell on time after you buy.

If you are a greedy person or don't have any knowledge just aiming for money then for sure you would easily be trapped on this kind of scheme  by those people who are behind it.This is why I don't really trust this groups because for sure you are just like giving off money to them when they do already made their move on dumping the coin.

Yes, don't try the Pump and Dump because only the person who is running will make more money on the investment you made. I never make any money through this pump and dump groups, every time they will provide the signals to people who are in group but don't fall to these tricks because you will end up in loos.

This is always the outcome of the pump and dump groups as it the newbies thats always at the receiving end and since its going to be a faceless group, there is no way to hold anyone responsible and funny enough is that these groups will then start asking for membership fees and even fake testimonies to convince their gullible followers. I see it as a direct manipulation of the process and insult to the intelligence of those who took painstaking effort in other to study the market, the coin and even historical analysis to arrive at a decision.

I have joined for trading in pump dump group 3 times, And I got profit from 1 times open potition only then other 2 open potition i got loss. Usually pump dump will happen only a few minute so this is very risky trading. I recommended to stay away from it.

Pump and dump are really normal in the trading world. I always buy many coins if the price is dump and I always selling it if the price is goes up. You can make many money if you do my strategy.

Pump & dump are two part of trading.It means

#DUMP = To Sell off a coin
#DUMPING = Downward price movement
#PUMP = Upward price movement

Pumping and dumping game is my favorite one. This is what I like most about the crypto market. Nothing is stable and not forever, besides these pumping and dumping phases keeps circulating coins among the investor providing everyone equal opportunities of becoming rich.

Well to be honest, although some people here object to the idea of trying to play the pump and dump game beacuse of various reasons. I still think this is a good skill to have. Reason is, sometimes you don't really know if a coin is a 100% scam or not. Also, any legit / real coins can also exhibit pump and dump qualities. Any legit project might also face the risk of operational failure and see the ultimate "dump".

All in all, in the pump and dump game, you'll have to follow very closely all the news regarding the coin. Try to understand the market dynamics and the price patterns. Watch price patterns closely so that you'll be able to identify whether the powerful movements are bullish or bearish.

which is needed here is the speed and accuracy in determining the choice, which I used to often experience is the name of the coin that will be made in the target we should be ready to press the buy button and immediately put in our sell order usually this takes place very quickly not less than 5 minutes the price will fall back, so who will be the sooner he will get another profit nunggu until there is a new buyer lagidan it also will not be up to the top prices like yuang in the beginning
 

Thank you for that perfect example of a classic "pump-and-dump".

Best coin for day traders, pumpers, short term investors, long term investors and potential investors.


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This is a perfect coin for day traders, pumpers, short-term investors and long term potential investors as well. With small money like 0.1btc one can pump this coin price from 100k sats to 0.1BTC price at coinsmarkets exchange. BMXT is listed on over 100 coin databases but not on CMC because it's not listed on exchange with real-time trade API yet. Bitmxittz project dev is quite promising and project looks good. BMXT has project website, active nodes, working desktop/web wallets, real-time block explorer and good innovative concept. Within a year time this coin price is likely to hit 0.2btc to 0.5btc per coin. There are many small traders at CoinsMarkets making good with this coin currently, since no whales on that exchange, small traders having fun making good bucks. 10000 total supply and price 100k sats means no worry of dump, once listed on a big exchange or more price will be very high. Grab at least 1 or more coin and hold for 1 year to get big profit.

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Twitter        :    https://twitter.com/Bitmxittz

Reddit         :    https://www.reddit.com/user/Bitmxittz/

                       https://www.reddit.com/r/altcoin/comments/6y3vkl/new_altcoin_insight/

Facebook     :   https://www.facebook.com/Bitmxittz-BMXT-515544298782042/

Websites      :   http://bitmxittz.coininfo.review/

Explorers     :   http://bitmxittz.coininfo.review/#Explorer2

Exchanges   :   https://coinsmarkets.com/trade-BTC-BMXT.htm

I must say that this is what the beauty of Bitcoin is. You never know when the process are going to rise or when will they start dropping off. You just need to be smart enough to make the maximum out of it. Reason being just like you, most of us do not know exactly what to do at the time of pumping and dumping.

Pump and dump temporarily alters the price of altcoins fot the advantage of a knowledged few who are members of a group. Innocents reading on chatboxes tend to jump in helping to raise the price then are left with a loss when the dump comes. It does not help the altcoin market.