Topic: What does 'Pump and Dump' means in crypto trading ? - page 4. (Read 6654 times)
Pump and dump are tokens that is not utilized by the platform which is only used for crowdsale. Once the price shoots up, you should be ready to sell your tokens because when people starts to dump, it will never pump up again.
Pump is mean the price of the coins/token going up drasticly by short times, and this is because many trader bought it at the same times, and dump its mean going down by fast. There are many pump dump group and they usually chooce coins that has low volume, and this trading methode is very risky, and usually only the admin of pump dump group will make big profit because they buy earlier before they give signal to other trader.
You can tell who the newbie traders are here. They think that a "pump" is when the price goes up, and a "dump" is when the price goes down. Their ignorance is going to cost them money.
The truth is that "pump-and-dump" is a kind of scam. The scam has been around for a long time -- much longer than cryptocurrencies.
This is a scam, so let's consider it from the scammer's perspective. The "pump" is what starts the rise in price. The "dump" happens as the price goes up. The scammer doesn't care about the eventual fall in price because they have closed out their positions long before that happens.
Here are the basic steps in a cryptocurrency pump-and-dump scam:
The truth is that "pump-and-dump" is a kind of scam. The scam has been around for a long time -- much longer than cryptocurrencies.
This is a scam, so let's consider it from the scammer's perspective. The "pump" is what starts the rise in price. The "dump" happens as the price goes up. The scammer doesn't care about the eventual fall in price because they have closed out their positions long before that happens.
Here are the basic steps in a cryptocurrency pump-and-dump scam:
- 1. Buy: Select a coin that not doing much, and buy a bunch. Buy slowly so that the price stays low. You don't want to pay more than you have to.
- 2. Pump: Get lots of other people to buy the coin. Usually, that is done by spreading fake good news about the coin, but these days it is as easy as telling members of a "pump" group to buy it.
- 3. Dump: As the price shoots up, sell to the buyers for a big profit.
- 4. Watch the carnage: Eventually the price will crash because there is nobody left to buy.
- 5. Do it again: Claim that people lost money because they weren't fast enough, and do it again.
This question is asked SO often because pump and dumps are rampant in the crypto markets.
I created an article last week explaining EXACTLY how they work and what to look out for.
Check it out: https://cryptoguidepro.com/bitcoin-altcoin-pump-dump-group-scams/
I created an article last week explaining EXACTLY how they work and what to look out for.
Check it out: https://cryptoguidepro.com/bitcoin-altcoin-pump-dump-group-scams/
"Pump and Dump" are 2 concepts special of crypto market. Pump and Dump talk about the go up and go down in the price of coins suddenly and quickly. When you can know the time Pump and Dump happen, you can get big profit.
hi all.,
i am not a day trader , so i dont know much about these terms.,
there was trollbox on polo where people used to say pump and dump specific coins. but trollbox is gone now.,
from basic understanding dump means DROP,
does the PUMP means buy ?
We've been talking a lot about pump and dump. Basically, pump is the increase value of the specific coins such as bitcoins, ethereum, XRP and other alternative cryptocurrencies while the dump is the sudden dropped value of coins. Since we have lots of software that will show us the graph or charts of movement of coins. To know more about it, I just pasted a link about pump and dump.i am not a day trader , so i dont know much about these terms.,
there was trollbox on polo where people used to say pump and dump specific coins. but trollbox is gone now.,
from basic understanding dump means DROP,
does the PUMP means buy ?
Here's the link about pump and dump of coins (https://www.cryptocoinsnews.com/pump-dump-know-signs-trading-altcoins/).
PUMP is the sudden increase in price of a certain cryptocurrency. On the other hand, DUMP is the unexpected fall of price. This terms are commonly used by daily traders. You can tell what is the PUMP and what is the DUMP just by looking in the chart. So knowledge and experience is much needed for you to not lose a lot of money in trading. I think it is okay to listen to other traders as long as you know you are asking a professional and experienced in trading industry
hi all.,
i am not a day trader , so i dont know much about these terms.,
there was trollbox on polo where people used to say pump and dump specific coins. but trollbox is gone now.,
from basic understanding dump means DROP,
does the PUMP means buy ?
First of all never believe in these trollbox and other channels because it's name itself suggests that they are "trolling" you.i am not a day trader , so i dont know much about these terms.,
there was trollbox on polo where people used to say pump and dump specific coins. but trollbox is gone now.,
from basic understanding dump means DROP,
does the PUMP means buy ?
PUMP means increase in the value,and DUMP means decrease in the value.
In crypto world we buy during DUMP and sell it during PUMP.
hi all.,
i am not a day trader , so i dont know much about these terms.,
there was trollbox on polo where people used to say pump and dump specific coins. but trollbox is gone now.,
from basic understanding dump means DROP,
does the PUMP means buy ?
i am not a day trader , so i dont know much about these terms.,
there was trollbox on polo where people used to say pump and dump specific coins. but trollbox is gone now.,
from basic understanding dump means DROP,
does the PUMP means buy ?
It just means that the value of the coins ia either gonna go up or go down. The pump means that the value of the coins are increasing and that is the right time to sell coin because you are gonna gain more of course because it is on a high price. While dump means that the value falls in the market so that is the time the value or the price eill turn red but do not be threaten because some are gonna pabic sell all their holdings but do not do it especially when the coins are successful they are gonna pump immediately after days.
the similarity of both are their price changing so significantly, when the price being pump (increase), the price changing increase so significant between 50% - 100% range volume changing, meanwhile when the dump has came, you will surprise with the price which dropped so down. if you want to trade in cryptocurrency. better of thinking more, dont listen to the trollbox like just what you do. dont trust any signal if you cant prove the accuracy.
Yes, you got the "dump" meaning right but not quite correctly. "Dump" does not necessarily mean the drop of the price, it means the price is about to drop. And "pump" means the price is about to go up. All the best with trading.
hi all.,
i am not a day trader , so i dont know much about these terms.,
there was trollbox on polo where people used to say pump and dump specific coins. but trollbox is gone now.,
from basic understanding dump means DROP,
does the PUMP means buy ?
No.You are wrong.Pump means a coin deliberately made to increase in price by continuously placing buy orders higher than previous order's value.Its mostly done in altcoins especially in newly released coins by the dev team itself to create a good image for that coin.i am not a day trader , so i dont know much about these terms.,
there was trollbox on polo where people used to say pump and dump specific coins. but trollbox is gone now.,
from basic understanding dump means DROP,
does the PUMP means buy ?
Every coin pumped would get dumped.After pumping a coin to some high price,sell orders are placed continuously lower than the previous order.Big whales also use this pump and dump technique to make huge profits.
I've seen several good definitions here for Pump and Dump.
Here's my own definition from https://decryptionary.com/dictionary/pump-and-dump/
An illegal manipulation tactic where people increase the price of a stock (the pump) so that they can sell it at those high prices for a profit (the dump). The person creating the pump and dump must first own some of the asset. Then they convince others to buy the asset with exaggerated or fake news causing the price to rise. At that point, they sell what they own. With no one promoting the asset, prices drop and many people are left with worthless assets and wasted money.
"Pump and dump" is often said in the crypto space to mean sharing news in forums (like this) and chat groups like Telegram to encourage people to buy a crypto. Then as more people begin buying, the price rises and sellers can get rid of their coins to these new buyers at a profit. Because the SEC is not yet regulating the crypto space, it is not illegal.
Here's my own definition from https://decryptionary.com/dictionary/pump-and-dump/
An illegal manipulation tactic where people increase the price of a stock (the pump) so that they can sell it at those high prices for a profit (the dump). The person creating the pump and dump must first own some of the asset. Then they convince others to buy the asset with exaggerated or fake news causing the price to rise. At that point, they sell what they own. With no one promoting the asset, prices drop and many people are left with worthless assets and wasted money.
"Pump and dump" is often said in the crypto space to mean sharing news in forums (like this) and chat groups like Telegram to encourage people to buy a crypto. Then as more people begin buying, the price rises and sellers can get rid of their coins to these new buyers at a profit. Because the SEC is not yet regulating the crypto space, it is not illegal.
Its easy to determine what is Pump and Dump mean in crypto trading.. Pump means the price of the coin is rising and Dump means that the price went down.
Easy to find ? I’m not a trader, but I make investment (especially investing in wallets as savings) and I would say that investing/buying during the time of “DUMP” is perfect. But if you buy during the time of “PUMP”, you’re likely to encounter major losses. Its easy to determine what is Pump and Dump mean in crypto trading.. Pump means the price of the coin is rising and Dump means that the price went down.
I would slightly modify the definition by saying that a pump occurs when someone manipulates the prices by altering the demand-supply equilibrium. This individual causes a shortage of coins in the market all of a sudden. Thereby the supply-demand equilibrium is broken and the prices will move upwards. A dump is just the opposite of this.
Yes this is true Pump and dump is when someone or a group of people manipulate the price for their own gain. The Key word is MANIPULATE.
When the prices goes up it does not mean that someone is automatically pumping and when price go down it does not mean automatically someone is dumping. The reason why it is happening usually in ICO is because of the coin price very cheap and they can easily manipulate it. Unlike for stable coins that are more expensive compared to newer coins. Usually people who can make this move are institutions or Billionaires because it takes a lot of money to manipulate the market.
Its easy to determine what is Pump and Dump mean in crypto trading.. Pump means the price of the coin is rising and Dump means that the price went down.
I would slightly modify the definition by saying that a pump occurs when someone manipulates the prices by altering the demand-supply equilibrium. This individual causes a shortage of coins in the market all of a sudden. Thereby the supply-demand equilibrium is broken and the prices will move upwards. A dump is just the opposite of this.
Pump means that some people will buy an altcoin unanimously and then ask other people to buy it as well,when others buy the people who bought in the first place will sell theirs ,in other words they will dump and they will get a profit and others will get a loss,most of the time. Some people create groups on social media and try to attract people by saying that they will also get a good return on investment but at the end of the day all you will have with you is a empty wallet after getting a huge loss. For heaven sake don't listen to such people, you will end up getting a loss. Because trading is something which requires personal skill and not some random third party's skill.
hi all.,
i am not a day trader , so i dont know much about these terms.,
there was trollbox on polo where people used to say pump and dump specific coins. but trollbox is gone now.,
from basic understanding dump means DROP,
does the PUMP means buy ?
i am not a day trader , so i dont know much about these terms.,
there was trollbox on polo where people used to say pump and dump specific coins. but trollbox is gone now.,
from basic understanding dump means DROP,
does the PUMP means buy ?
Cryptocurrency trading is so volatile and decentralized that no regulations are applied to it that's why traders can do what they wanted. Pump and dump always happen in crypto trading because of the low volume of coins that those traders who hold large amount of coins can make the market move. Those traders that hold large volumes of coin are called whales and sometimes when they buy a coin, it would make the price shoot up which is a pump and they may continuously do this to attract other traders to buy also because the price is rising and they will create FOMO of it like releasing a news or updates that would make others buy the coin and then later on when it hit their target price, they would slowly sell their coins already in profit and in effect would make the price go down or being dump.
Its easy to determine what is Pump and Dump mean in crypto trading.. Pump means the price of the coin is rising and Dump means that the price went down.
it's when a group of traders, or a trader with a big stash, try to influence the market by first buying (increasing the price) and after more people have bought into it (by seeing the awesome gains), dump it shortly after (sell)
Pumps and dumps are two important phases of any coin and are created by the investors. Investors are if selling off a particular coin on large scale, this is going to lead to the dump phase where the prices of the coin are going to drop badly and speedily. Pump is the most love time period in the life of a coin because here the coin is in the green area of the graph, making investors richer. Jump to: