Post
Topic
Board Altcoin Discussion
Re: Ryan Pumper: Pumpers Picks (Updated Daily)
by
UpTo0.99
on 22/04/2015, 20:40:54 UTC
People take for granted the fact that the announcement thread for an Altcoin is the main point of reference for the entire market. When someone wishes to find more information about a coin, what do they do? They look up and then study the announcement thread... When someone wishes to find out what a brand new altcoin brings to the table, what do they do? They look up and then study the announcement thread.

Quite simply, the announcement thread is the central point of advertising and communication for each and every altcoin that has ever been released in this market.

The implications of this are crucial.

Simply, perception is everything.

I make it a point to constantly make reference to the fact that, as traders, we aim to buy low and then to sell high – and to go a little further, as ‘successful’ traders, we are the suppliers to an entire market that is packed full of customers  –  customers who are chasing things that do not exist!

This is the key to trading, so pay attention...

... as traders, our role is to gauge how the wider market will respond to information, and in doing this – we are able to strike first, and therefore profit when the rest of the market follows through.

So going back to the importance of the announcement thread,

as I mentioned above, the announcement thread serves as the sole venue of advertising and communication for each and every altcoin... therefore, the general perception of a coin is always formed due to the first impression shared by each person who views the initial announcement.

You see, everyone who wishes to be successful in this market must realise that our role is to trade, not to be judges of morality...

In saying that, it is likely that when you first view an announcement posting, you may be met with a hoard of outlandish / unrealistic promises served up by the developer – again our role is to trade, not to be judges of morality. So despite how unrealistic a claim may be, our role is to gauge how the entire market will respond to that information if it were a fact – because as god is my witness, if the information is presented in a clean cut and impressive manner, the entire market will respond as if each claim was 100% fact.

This is why the coins that have the most polished and primed announcement threads, with glitzy graphics and a strong branding angle, always launch to an absolute frenzy of volume... which attracts the monkey-see monkey-do crowd, who jump in to the coin because ‘everyone else is doing it’ which creates an even more impressive and expansive parade of trading volume – and often leads to a massively eventful pump.

In this market, perception is everything

There are coins that have enjoyed long and eventful tenures in this market just due to the strength of how polished the coins initial presentation to the community was, regardless of whether or not the developer actually followed through on the initial promises

I have always thought this to be the case

Just looking back at all the last big pumps since last year this pattern is quite obvious

I guess this has always been a subconscious tactic for me Cheesy because that is the way i look at things. Its very important to me that i trade with the noble men instead of eating from the garbage cans with the plebs after the party Cheesy
This mentality has helped me

The bulkiest part of my daily routine is based on trying to beat out the average joe schmoe trader and by looking at the ANN advertisement that has always been like a tool for me to discover big winners before the average guy who, instead of buying right away, will waste all of his time attempting to "call the dev out" on false promises and unrealistic roadmaps

then when the price is up 400% thats when he finally decides to buy LOOL after preparing a 4000 word scam accusation

this has been my secret little tool so im actually quite relieved to see it spoken about in the open Smiley