Last few days in my mind why coin price dump?I donot understand how we know this coin price pump or dump.So looking to senior trader give me some information and share site (if have).thanks
Presumably you mean alt coins and the reason is because of bitcoins success, when bitcoin is growing so much people experience FOMO and then they dump their altcoins in order to buy bitcoin, simples.
Wells said, it's just that simple. Another it's a pump and dump scheme. First they endorse the coin by promoting, then buying coins at cheap price and then building up the buzz and pumping. When they see desirable buy orders that is profitable for them, they would sell the all the coins they have and that's it.