Topic: Where do these Jumps in value come from in altcoins (Read 422 times)
These coins are the typical scenario of the pump and jump. The prices are manipulated by the pump. This happen because these coins have a small capital Therefore, newbies fall for it most of the time.
They are dependent on the amount of money that is being traded with the coins. If the amount of money that is being put into the coin goes up then the price of the coin does go up accordingly. That is where the jumps come from. From the amount that people are pumping into the coin or dumping out of it.
Usually the value comes from you, the investors who pump some new money into it. and deflation comes when you, the investors cash out
Don't they go from the investment? I think that there should be the connection between these two characteristics. Common value of altcoins is increasing now.
No, that's not really a bad example. I think market manipulation is making all this happen. Like the pump and dump, these are the doings of market manipulation to attract people , to get people into it through FOMO.
I think that they are connected with alternative cryptocurrencies' investments here. Maybe altcoins have another reason as well, but I support investing.
If it is really a small capped altcoin, the 100% jumps are most often caused by pump & dumpers, i.e. scammers.
A surge can also be caused by a positive news or some development delivered by the team.
A surge can also be caused by a positive news or some development delivered by the team.
As far as i know so many coins are pumped for the manipulation. It’s a common scenario of the market. So if you want to make profit you need to aware where the pump will be.
Fake volume with no trading activity at all the token doesn't have any buy and sell walls from their trading exchange with just a flick of a whale or a group of pumping signals they can easily drive the orders up, the price will surely cause some uproars and increases with a positive gain in percentage with ease because they have a small percentage volume that can easily be manipulated by certain individuals hence can create fomo.
Many times, most volumes are fake and is the work of bots. sometimes again is not bot nut when people are rushing to acquire a certain token in order to join the the price trend. at such times, values are created as many here are for the money not the tech behind such projects. just watch out for real volumes
Great analysis yes I agree with you as we witnessed this last year when the value of ripple shoot up by leaps and bounce because people were investing in ripple just for return on investment even though they knew ripple is not fully decentralized.
Many times, most volumes are fake and is the work of bots. sometimes again is not bot nut when people are rushing to acquire a certain token in order to join the the price trend. at such times, values are created as many here are for the money not the tech behind such projects. just watch out for real volumes
Often coinage and discs deliver unnaturally up push the cost. This is a besides banal incident. The small the capitalisation of the coin, the easier it is to impression. Do not reward advice to it, being delineating tariff you condition to discriminate in progression where the deliver will be.
Firstly, I will advice you not to invest or buy any altcoin base on how good the coin is doing presently because we have saw a situation where coin is doing well in the market and in a blink of eye the coin lost value and later vaporise till date.
Therefore, I will advice you to make research about the concept of new coins and how experienced the team are before buying or investing.
Don't follow the crowd.
Most of the time price increased artificially. It is a common scenario. You shouldn’t give attention to these. If you want a good earning then research and gather experience. You need to know in advance where the pump will be.
If the project is good then it can catch public attention. Then the price can be jump. Sometimes it raises by Fomo and sometimes price increasing can be manipulated.
prices are ubpredictable and i believe ghat we should watch them and observe in oeprder to cat h the best price I have been messing around in bittrix for a few days now experimenting with day/swing trading for the first time. I understand how new information coming out can greatly effect prices via news articles and even tweets sometimes. What im having trouble understanding is coins that seem like they're doing nothing in the market for days/weeks/months will then jump up in value 20,30 or 40% without to my knowledge any news coming out or external reason for the jump in price.
I see this is all sorts of coins but for example adtoken (ADT) last Monday (July 23) had that big jump up in price. Now today very recently has had a small jump up. I'm still new to this and have a lot to learn but any tips or advice on this topic will go a long way.
Edit: i have since learned adt was added to Upbit last monday and hence the jump in price. ( i guess it was a bad example)
it is possibl that the price xan go up, so i think you should analuse what altcoin will go higner and invest in tj I see this is all sorts of coins but for example adtoken (ADT) last Monday (July 23) had that big jump up in price. Now today very recently has had a small jump up. I'm still new to this and have a lot to learn but any tips or advice on this topic will go a long way.
Edit: i have since learned adt was added to Upbit last monday and hence the jump in price. ( i guess it was a bad example)
If the project is good then it can catch public attention. Then the price can be jump. Sometimes it raises by Fomo and sometimes price increasing can be manipulated.
Most of the coins are just pumped up by manipulation. It’s just quick jump and dump plan to make people fool to buy these.
The reason why there are these jumps in value is already mentioned in your post:
There is no activity for days and weeks.
When there is no price movement, it is almost always due to low, but stable trading volume.
This causes the buys/sell orders to have a much wider spread.
As it gets wider, it is much easier for even just one person to plow through all the orders himself.
This can make the price rise or drop dramatically.
This spike then brings more attention to it and more and more people start throwing in buy/sell orders and volume builds up along with the momentum.
Stuff like this can happen fast as there are a lot of people who use bots who specifically target coins that have spikes in volume.
A lot of profit can be made in micro trades on a coin that is rising in trading volume.
There is no activity for days and weeks.
When there is no price movement, it is almost always due to low, but stable trading volume.
This causes the buys/sell orders to have a much wider spread.
As it gets wider, it is much easier for even just one person to plow through all the orders himself.
This can make the price rise or drop dramatically.
This spike then brings more attention to it and more and more people start throwing in buy/sell orders and volume builds up along with the momentum.
Stuff like this can happen fast as there are a lot of people who use bots who specifically target coins that have spikes in volume.
A lot of profit can be made in micro trades on a coin that is rising in trading volume.
The prices are often manipulated by news. Both false and true news can manipulate. There are also pump and dump for manipulating the price. Often whales invest a big amount of money and it causes price growth.
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