Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: kangug24 on September 28, 2018, 05:43:29 AM
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PUMP and DUMP
the Whales’ most common strategy is the Pump and Dump, of course you need a lot of money to do it, they are simply doing what they are doing before Whales buy a large amount of coin because of this there will be a sudden rise in its price and because it also increases the demand and there are many who will invest in it because the price has increased and they see its “Potential” and because of the rise and increase of investors have grown and the Whales have grown large in their money and one they will have to sell their coins that will cause a sudden downturn in its price.
SELL WALL
The Sell Wall also requires a lot of money and market knowledge that you are involved in. It is also simple simply that the Whales of the coin are usually looking for Altcoin with great potential in the coming months or years and easily manipulated. In the cryptocurrency market They can get the maximum profit if they buy at a low price. To do this they need to stop raising the coin. How do they do this? They sell a lot of coin at low prices or at the price they want. Because of this, the price of this coin, which is also the main purpose of the Whales - to frighten investors and is forced to sell less than the price set by the Sell Wall. Often, Walls are placed to increase the price of coins, after which the Whales can use the Pump and Dump strategy.