Your reaction to recent pump and then dump - page 3.

RaspoBTC

sr. member

Activity: 1288

Merit: 319

Quote from: CryptoAssasin on July 18, 2018, 09:22:27 PM

This is getting frustrating. I thought that we are now going to the moon because BTC surpassed $7000 resistance level and we saw that most altcoins follow. I bought ETH for $513 then now it is getting dump where the current price is $470. in just 12 hours, i lost $43. What is your reaction and strategy when altcoin gets pump?

I would suggest, at first think about what your stategy is.
Shortterm, midterm, longterm.
After that you decide which coins you want to buy after you have made you own research.
And now, follow the chart and share your investments in times and different coins.

Sahyadri

sr. member

Activity: 744

Merit: 266

ETH did rally a bit in the start along with BTC price appreciation. But that didn't signal at all towards a bullish rally of ETH. ETH is finding it hard to gain volume nowadays. Altcoins might start their bullish rally if BTC crosses $9k which in one way will confirm BTC bullish phase and will confirm it for altcoins and hence, money will start flowing in altcoins as well giving them the much needed pump.

fxcryptotrader

newbie

Activity: 182

Merit: 0

Situation is really frustrating.Btc dominance is increasing.Till its increasing,we can't see any pumps in alts.In this situation only those can survive who used money management earlier.In this situation I personally will take advantage of small of moves of alts by using tight stop-loss.

Doell

hero member

Activity: 2156

Merit: 531

IMO is just the usual thing ,can you imagine many who have sold altcoin to get the bitcoin and it seems to trigger the increase of bitcoin but the lose profit when it happens only on altcoin holder ,must hodl your have altcoin and be calm it will all back on a high increase later

King Koy

newbie

Activity: 160

Merit: 0

Mate this is the expected experience to any trader who are waiting to see the market pump before buying not during the stagnant moment when crash is resting. But don't worry remember what you are holding is ethereum and even it will take more time to see good movement from this altcoin still you have always the chance for that.

supiv5

member

Activity: 99

Merit: 10

Buddy,take it easy,this is the game of crypto, Pump and dump is normal phenomenon.Just hold your ETH tightly,you will have profit sooner or later.

richjohn

sr. member

Activity: 574

Merit: 255

Altcoins usually get pumped when BTC moves sideways. When BTC instantly pumps, altcoins don't follow instantly. Rather money from altcoins shift to Bitcoin giving it more market dominance. So, if BTC is able to maintain its price range, alts will soon follow. But if a dump happens, we won't see any bullish movement in BTC.

TokenForUs

member

Activity: 392

Merit: 10

Ccfound

well said, this is the main problem to us, the biggest risk for every crypto enthusiast and new comer investors. cryptocurrency market are very volatile, someone even can dump the price right away after rising slowly. they get many FOMO and newbie, before the bull coming we can see a lot of thread complaining about the trend without any research on how was the trend in the last year.

Hannahanto

full member

Activity: 826

Merit: 111

After a long time the bitcoin price started to increase. But again there is a small fall in price. Usually this will happens in the crypto world. But this dump will not continue in future. Again the price will increase and the bull rum will starts within this month end or by august. Till that we have to wait patience and hold the bitcoin. That's onlynow we can do.

denulh

member

Activity: 300

Merit: 10

Borderless for People, Frictionless for Banks

i think altcoins are being dumped recently to make the top coin rises: bitcoin, it has risen so fast in just a short time, that really makes me affraid to invest in altcoins when it keep dropping withou any slow down, so as long as bitcoin is being pumped more and more, i will not invest in altcoins at this moment but until the bottom that i will invest.

CLywaTeLb

full member

Activity: 770

Merit: 101

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For many months BTC and ether did not look like a pump and a dump. The pump is characterized by a multiple increase in price and volume. Neither one nor the other did not pass long ago. So do not pay too much attention to this. This can be interesting for intraday and swing traders.

43$ less than 10%, it'is nothing in crypto.

Kool5

jr. member

Activity: 266

Merit: 1

”Decentralized Digital Billboards”

Always at the end of the month there is a price increase, and at the beginning of the fall. Here I also think that there will be a decline in prices. Such unthinkable jumps are simply unimaginable for this market.

Fendi23

member

Activity: 322

Merit: 15

Quote from: CryptoAssasin on July 18, 2018, 09:22:27 PM

This is getting frustrating. I thought that we are now going to the moon because BTC surpassed $7000 resistance level and we saw that most altcoins follow. I bought ETH for $513 then now it is getting dump where the current price is $470. in just 12 hours, i lost $43. What is your reaction and strategy when altcoin gets pump?

Please hold in a few time because in next month the price start to the moon and its not much only $43.i believe the price will back soon $500

JMD07

member

Activity: 378

Merit: 10

Quote from: CryptoAssasin on July 18, 2018, 09:22:27 PM

This is getting frustrating. I thought that we are now going to the moon because BTC surpassed $7000 resistance level and we saw that most altcoins follow. I bought ETH for $513 then now it is getting dump where the current price is $470. in just 12 hours, i lost $43. What is your reaction and strategy when altcoin gets pump?

Maybe it's just a test how strong the investors to ride a rally and we are still far to talk about mooning of bitcoin. Just be patient to wait for the right time and we can reach another all time high.

Milamol

member

Activity: 686

Merit: 11

Quote from: ?? on ??

Buying while the price is rising is not a good decision. It is the time for selling. It is the rule of the crypto world. By the way what will be your strategy now?

Many people understand this and say so. But, when the time comes, they buy on FOMO and sell on a panic Grin

. Strong adherence to the trading system can solve this problem for some.

Hagrigton

newbie

Activity: 21

Merit: 0

Quote from: coinwizard_ on July 25, 2018, 08:45:19 AM

This is a pump and dump market now, it rallies then dumps, same whale strategy all over again. The slow trend is upwards so expect ethereum to go past $500 soon

I've been watching that one too. It's been on a slow decline that doesn't seem like it has much energy left. That's what BTC looked like about a week ago before it bounced up.

Ethereum seems like it's waiting for a reason to kick upwards. Who knows what that might be, but it's worth holding onto for a while from what I see. There looks like there's some divergence and the momentum is building up... but it's hard to say how far it can go.

whyrqa-1

member

Activity: 350

Merit: 10

Quote from: coinwizard_ on July 25, 2018, 08:45:19 AM

This is a pump and dump market now, it rallies then dumps, same whale strategy all over again. The slow trend is upwards so expect ethereum to go past $500 soon

When already large whales will cease to affect the crypto-currency market? It seems to me that they violate the internal competition very much and interfere with stability in the market. Apparently it was so, so it will be and we will not be able to do anything about it.

PadliDamaso

newbie

Activity: 47

Merit: 0

I guess it's normal for the market to see pumps followed by dumps often. It's the nature of the market.

coinwizard_

jr. member

Activity: 336

Merit: 5

Most Advanced Crypto Exchange on the Blockchain

This is a pump and dump market now, it rallies then dumps, same whale strategy all over again. The slow trend is upwards so expect ethereum to go past $500 soon

lobo13hf

hero member

Activity: 2268

Merit: 507

Quote from: jvdp on July 24, 2018, 02:13:03 PM

Quote from: SoliDCoiNs777 on July 24, 2018, 10:18:10 AM

We all know it can be frustrating, but demand of the market is very unpredictable. It's better if you take calculated risk by doing your own research and analyzing the information available in internet. BTC is rising again, hopeful ALTs will rise too sooner or later.

It is volatile so we cannot able to predict the price changes on the crypto currency market. I really do not know the people mind set about the bitcoin price. If the marketplace value of the coin started growing in the market for 3 days.
You may able to make the money for sure. It may take you to trading goal but you will surely will make the money out of it buddy. You may see any bump signal group on telegram to see the bump and dump changes before that falls in the marketplace.

At least you can try to create a proper analyzation regarding the chart of bitcoin to determine the price will will be very close to the future price of bitcoin. I think that any pump group looks not a real thing and it's just a trick to fool others. The majority of pump group[ creator was using the user's money to pump the price of token to give him the advantage to sell at high price.

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