Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Bobcrypto on August 06, 2018, 11:43:44 PM
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Pump and dump is a strategy used by many creators of altcoins, they inflat the price of a new coin on exchanges artificially, and when they heard succeeded to sell their coins/token, they dump the project and vanish. Do think that there are ways to know that a coin is a "pump and dump" project?
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Pump and dump is a strategy used by many creators of altcoins, they inflat the price of a new coin on exchanges artificially, and when they heard succeeded to sell their coins/token, they dump the project and vanish. Do think that there are ways to know that a coin is a "pump and dump" project?
it's very difficult to see them throwing away the project and disappearing. and how to know that coins are a "pump and dump" project for many users.
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Pump and dump is a strategy used by many creators of altcoins, they inflat the price of a new coin on exchanges artificially, and when they heard succeeded to sell their coins/token, they dump the project and vanish. Do think that there are ways to know that a coin is a "pump and dump" project?
For this instances, I have observed that most of the users that are doing this is the whales investors. Since they can agressively manipulate the price because of their large investments. The only users that can benefit with pump and dump is the whales.
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Pump and dump is a strategy used by many creators of altcoins, they inflat the price of a new coin on exchanges artificially, and when they heard succeeded to sell their coins/token, they dump the project and vanish. Do think that there are ways to know that a coin is a "pump and dump" project?
I think It is very difficult to know that a coun is pump and dump project. We must read white paper , roadmap and project's purpose.
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So far, I still don't understand about them "pump and dump". If someone wants to share his experience in predicting when "pump and dump" will happen, I will be very grateful. Honestly, It is difficult to know about them.
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I always look at the team. If it is solid, it will not throw the project so as not to compromise itself. Otherwise, they will lose confidence.
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This strategy is used not only by creators, but anyone who has a lot of bitcoins can manipulate the course.
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Pump and Dump market always occur in this bear market. These two always happen so immediately. Many reasons are behind this dump and pump condition including the strategy from the whales or the big investors. What we must do is only let it flow and be patient to face this market condition. They will be always existed in the crypto market, the dump and pump.
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I think the Pump situation and dump on a Coin are normal, but it is a pity if a project that only gives the pump first then dumps and disappears.
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Pump and dump is a strategy used by many creators of altcoins, they inflat the price of a new coin on exchanges artificially, and when they heard succeeded to sell their coins/token, they dump the project and vanish. Do think that there are ways to know that a coin is a "pump and dump" project?
I don't think if there are ways to know if they manipulated the movement of the cryptocurrency market because most investors are not aware that this kind of strategy is happening.
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I saw a team and advisor from the project. the most important thing in my opinion is that the project is already there and works. it will be a great value for the project.
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That is the strategy to inject into the mindset of holders that it won't exist any longer or buy more and wait for another pump. Mindset is what the main objective of this pump and dump scenario. Better to be prepared and do the necessary strategy to have good result at the end.