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Author Topic: Do traders WANT projects to pump and dump the price?!  (Read 314 times)

blue2763

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    Topic Starter
Do traders WANT projects to pump and dump the price?!
« on: November 08, 2021, 05:03:30 AM »
I was always curious...

Do traders (like us here) actually WANT projects to pump or dump the price of their tokens?

I know some do and some don't... but just curious how everyone else thinks.

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Do traders WANT projects to pump and dump the price?!
« on: November 08, 2021, 05:03:30 AM »


zilzylian

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Re: Do traders WANT projects to pump and dump the price?!
« Reply #1 on: November 12, 2021, 06:44:03 AM »
In general I see pumps and dumps happening on meme coins, it happens because of Hype, tokens that have no fundamentals will get pumped easily because whales expect quick profits by buying while expecting other investors to panic sell, they make several buy orders with bots, and so on. you can see Dextool, then after the token is pumped, they will sell it because the profit target has been reached, the more the number of requests, the higher the price.
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Re: Do traders WANT projects to pump and dump the price?!
« Reply #1 on: November 12, 2021, 06:44:03 AM »
:)

TomPluz

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Re: Do traders WANT projects to pump and dump the price?!
« Reply #2 on: November 14, 2021, 05:41:43 AM »


The biggest reason why traders can be into pump and dump is because they all want to be making the biggest money as soon as possible. This is all about money, nothing else. Now, there are so many projects which are designed this way...just to be pumped and then dumped. And then once they made the money they want, they will start making another new project, get pioneering investors and then do the same thing over and over again. I am not sure but I think this is already a proven way to make millions in the cryptocurrency industry. Well, you can say for sure that those projects are just plain and simple scams.
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blue2763

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Re: Do traders WANT projects to pump and dump the price?!
« Reply #3 on: November 18, 2021, 02:42:41 AM »
Honestly, I wouldn't mind some pumping.. as long as I bought it at a low price.

Exchanges like hotbit and liquid... I don't know why but new tokens pump a lot.

Recently I bought HALF on Hotbit and CRT on liquid and it was pretty good

blue2763

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Re: Do traders WANT projects to pump and dump the price?!
« Reply #4 on: November 18, 2021, 10:45:38 AM »
Honestly, I wouldn't mind some pumping.. as long as I bought it at a low price.

Exchanges like hotbit and liquid... I don't know why but new tokens pump a lot.

Recently I bought HALF on Hotbit and CRT on liquid and it was pretty good

KYC on Liquid takes forever! Took me more than a week to pass KYC.
Gonna have to try that HALF you mentioned.

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Re: Do traders WANT projects to pump and dump the price?!
« Reply #5 on: November 25, 2021, 11:26:50 AM »
In general, pump and dump are phenomena that are created artificially. A person / group negotiates and artificially increases the price of an asset, this is an unreasonable growth. Then the asset is drained, and the price drops to a minimum. This is not a good thing. .you can lose your funds.
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Re: Do traders WANT projects to pump and dump the price?!
« Reply #6 on: November 28, 2021, 07:19:02 AM »
I hate projects that pump and dump their tokens just to attract new buyers and make more money! This may be profitable to them but just imagine how many people will be at loss with this new scam strategy?!

It's better to trade a valued coin/token which is listed in a valued exchange for the protection of our money. Sometimes a small profit is better!
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Re: Do traders WANT projects to pump and dump the price?!
« Reply #7 on: November 30, 2021, 10:39:40 PM »
Projects that pum & dump & gets abandoned or worse are bad... but it's not always token devs who do it... there are big groups up to 200k members who organize these. Some tokens get pumped & dumped in series, and actually the value rises and rises. So, it's complex question.

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Re: Do traders WANT projects to pump and dump the price?!
« Reply #8 on: December 02, 2021, 01:21:03 PM »
Many traders earn on pump dump, that is, they buy cheaper and sell more expensive, also large holders can sometimes deliberately dump the price in order to buy cheaper and get more profit, so this is the world of traders. New projects are usually pumped after listings and then the price usually goes down, it is also possible that the project team can raise the price and drain their coins on growth.

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