Post
Topic
Board Service Discussion (Altcoins)
Re: Buy Gulden UK
by
manuvuv
on 20/10/2016, 10:49:46 UTC
do yourself a favour and wait for the dump before buying in.

I am fairly new to altcoins so I have to ask thi question: How did you predict that there is going to be a dump. Is there a way for understanding if a coin is going to be dumped or pumped soon?

It is easy to pump & dump a coin if there is almost no-one buying or selling on the exchanges.

Check: https://bittrex.com/Market/Index?MarketName=BTC-NLG

Go to: ´Orderbook´ and filter prices to ´all´.

You will see that no-one is willing to buy for these ridiculous prices. (the green area = buying)

Its still unbelievable the prices stayed this ´high' for the past 8 hours. There is no buy-support.


Edit: if you dont know anything about trading/altcoins/etc... just stay away coz you´ll get screwed over.

Sidenote: Coin itself is allright, but there is no market to support these prices.


Thank you. I have some idea about trading, but not in the speculative market. I thought Gulden is a good coin too, going by the material and the adoption as such. But the price changes leave me baffled. How do you determine a optimum price for buy or sell in these scenarios. Is it the case that if the red side is bigger than the green, we can expect a dump very soon? Is that how you determine it?