Hello
Almost every day i see some pumped coins and i am sicking tired of not making any money on this. Its looks so easy to make big profits in just 24h. For example unbreakablecoin lately. The problem is that i am always too late to put some money into the pump, and when is already high i am affraid to loose my money. Last time i do that on Syndicate and lost some money on 17-18.07 . Ofcourse i was too late for this pump.
Who is doing that?
And next question is it possible to predict some way which coin will be pumped next?
I am also here for long term investments in altcoins and this is my main purpose to be here.
I am just wondering if you guys play on this ridiculous pumps and make money on shitty coins?
Or just forget about that and invest long term only? Please tell me! Is that worth my time sitting all day on my laptop?
Regards
There is a hierarchy of people that manipulate the price/exchange rate in the exchanges and lots of people fall in this.
There are groups of people who are the "bosses", then there are private/early pumpers that pump the price and then there is the next layer of people mostly by invites or small fee that invest in these, and some other that join free groups to "pump" and get lots of loss.