Quote from: w33man on July 23, 2018, 10:21:38 PM

Quote from: CryptoAssasin on July 19, 2018, 02:22:27 AM

This is getting frustrating. I thought that we are now going to the moon because BTC surpassed $7000 resistance level and we saw that most altcoins follow. I bought ETH for $513 then now it is getting dump where the current price is $470. in just 12 hours, i lost $43. What is your reaction and strategy when altcoin gets pump?

It usually happens in cryptocurrency market. As you can see there are a lot of pump and dump group where they choose coins to pump and dump. That is why whenever there is a pump, make sure to look at the recent events if there are major events that is happenong that results to the recent pump. If there is none, most likely it is just temporary.

OP has created a wrong decision to invest in the ethereum when it was getting a pump from the pumpers. In fact that i know the history of ethereum chart which it was getting dumped again from $513 to the $435 but in fact that depends on the news related to the ethereum in my opinion.