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 ?
Just like what it happens in a real life situation, when you are doing a pump you are putting a pressure that results into the rise of a certain object. That is also what really happen in the market industry. Price values of various types of cryptocurrency undergoes a certain process of pumping and dumping which normally happens with the sudden exchanges of price value in the market. Also in cryptotrading. The rise of the btc value for buying a certain altcoin is an indication that it is now time to sell some assets you are holding for trading.
Indeed we actually have some time to look for profits in one place and also some time to find other views outside the venue. For every time of life definitely has some changes which we should want to follow those changes. BTC and cryptocurrency is the very thing that has an attachment, if you want to get a lot of advantage then must know and use both of these. But the science of trading you must have for the dump and pump that is discussed in this thread is very dangerous. As the above said, the agan so fix your way of thinking