Post
Topic
Board Trading Discussion
Re: Pump and Dump. How to make a profit?
by
neonshium
on 14/03/2018, 06:53:40 UTC
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
I think it is easy to know when to pump and discharge, you need to constantly monitor market information, synthesize knowledge combined with technical chart analysis, you will be able to know the range and pumping and discharging time. The closer you get caught, the more profitable you will be.

But pump and dump is very high risk. If we are late for just a little time then we will face huge lost.
I suggest to have or trade a coin which have good future like bitcoin and etherium.
Not everyone knows about taking maximum advantage of pumps and dumps. The newbies are often fallen victim to hard decreases in the prices of their respective coins which forces them to do panic selling, eventually putting going in big losses.

The best way to pass dump successfully is to stay optimistic and keep in mind that you are not going to sell off at cheap rates no matter what others are doing.