Post
Topic
Board Trading Discussion
Re: Pump and Dump. How to make a profit?
by
Lhaine
on 02/04/2018, 07:16:17 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

Just watch the price chart in order to see the pumps and dumps it is the only indicator which is far reliable. In my opinion it is not a bad idea to avoid pump and dump but considering the opportunity then the best way to be profitable is to join in when you think is worthy to take risk.

Yes, every time that many coin dump I consider it as my opportunity to buy many coin while it is in the lower price and everytime that the price pump again it's time for me to sell it to earn profit.