Post
Topic
Board Trading Discussion
Re: What does 'Pump and Dump' means in crypto trading ?
by
South Park
on 11/07/2017, 17:31:45 UTC
hi all.,

i am not a day trader , so i dont know much about these terms.,

there was trollbox on polo where people used to say pump and dump specific coins. but trollbox is gone now.,

from basic understanding dump means DROP,
does the PUMP means buy ?







The pump is the process is where a coin get its price inflated due to whales investing in it, this is not the same as growth that is natural and comes from improvements on the technology of the coin and adoption, the dump is the reverse process when after a pump the whales withdraw their money leaving the average user to suffer the losses.