Quote from: Drixy on December 06, 2017, 01:32:56 PM

Quote from: bear100 on December 06, 2017, 10:22:04 AM

Hi. How can you recognize pumps and dumps for any coin? Is there any universal indicators? I mean to predict it. Maybe there are some non-market signs (banners, posts, etc.)
Should I avoid pumps and dumps or try to earn some money?
It would be interesting to know your opinion, guys! Thanks

You cant verify wether its dump or pump if youre starting here but if you did your research or you have joined it long time or some not long but enough to understand the growing value you might distinguish it easily.Take a look at the rates and value about one month ago and youll see the value's so high lately now then if youre trying to invest some money you have you might invest now if its still rising cause it is still growing popular. Users have a great impact on bitcoin just so you know.

Once you hit the charts, you can actually scan through different coins and see how you can tap into their dumps. It is always best buying at dips and setting a sell order without forgetting to make use of the stop loss in case things want to go bad.

Most of these coins have some period they get pumped by some groups and if you can use the chart to take advantage of those moments, you can make some pretty good profit.

Personally I am doing these: Just find an altcoin, look at the charts, see the activities and how long and often some quick pumps occur and try to blend in with it. However, you should be careful for some occasions where the market is getting red, so you do not end up holding a coin that would get squashed from the bloodbath in the long run. Pump and dump coins should not be coins you should be comfortable holding for long.