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Pump & Dump / Re: Strategies for trading altcoins
« on: May 21, 2024, 10:56:28 PM »Any shitcoin that needs pump and dump is a scam, and it is advisable that people should not invest in such project because you would not know when you will be rug pulled. Your friend should be part of the scam for him to always have the signal when the coin will be pump and he sells immediately to take profit, if not how will he know this when no one can predict the next price of a volatile coin.I have been seeing many threads , but the truth is there is none where someone shares their strategies to win with altcoins, I have a friend, he has a group of signals, I am not Really in that group, but I know that he is a person who has had some Success , according to the information I was Able to get from him (since he is very selfish) many years ago , he only calculates the time that passes between bullish peak and bullish peak to be able to put money in, wait and then win, I don't know if it is a good strategy I don't know if anyone applies others, anyone who wants to share is Welcome.If we are talking about established or those legit projects and not some sort of meme coins then we can really be able to say that there would really be strategies specially if you are
really that playing for some swing or trend trades on here and not really just that come and go strategy which it is mostly been applied on meme coins as we do all know.
As for trading altcoins then it would really be varying from person to person because not all would be having on the same knowledge and skills when it comes to trading
this is why outcomes and results would really vary from person to person.
Well the trick of a friend who has a signal channel is that what he does is simple, he sees the signals of ups and downs according to that, he sees the term in what happened and then depending on that he makes his bets, he waits. that the pump can be carried out and from there what it does is Withdraw, that is what it does, now the pump and dump groups are something else, they are already people who meet only to push a Price so that it can reach as high as possible , that is something that can be noticed, and on Telegram there are many such groups, but I do not see how that can be very Profitable , let's say , there are always traps.
Well he really says signs, and he has a group where they have to pay him I think 20usd a month or something like that, and one day I asked him if he wanted to do something with him because he studied at university with me, but he became a very selfish person, so I did not continue insisting, I do not know how much people or community he has, but since he is a person who is always looking to trade on various exchanges, in this order of ideas we are people who already know where they are going, so it is not worth the sad, and even less so when money changes them, that's why they say that money changes people.