Post
Topic
Board Trading Discussion
Re: Guide to A Newbie Trader
by
GregH37
on 20/05/2019, 11:20:24 UTC
having a low market cap is not the reason why trading those tokens is a bad idea. the fact that they are purely pump and dump coins makes trading them a bad idea specially for a newbie who is not yet familiar with trading or with the market itself.
otherwise if these coins weren't 100% manipulated they could have been good choices. but now you only have to know how to go around pumpers and make your profit before they cash out (aka dump) otherwise you get stuck.

Basically new traders have fear about trading during the pumping time. Its because they think that its already climbed up a lot and now its gonna crash down rapidly where in most of the cases they lose the chance by this way. Yeah its true that nowadays coin price manipulated by a group of traders or investors. So its pretty much tough to predict about a coin price. In that situation its really important to be updated about the pumping trade.

There was a time when coin manipulation wasn't a common thing on the field of crypto trading but currently its been a daily Incident for Worldwide traders. For this reason many new traders lose their fund for lack of experience and manipulation is also convicted for that.
Wherein this should be the right time that the market is very volatile to make cool money, life is full of risk, and if we dent take some certain step of success, we might remain stagnant. This period should not be difficult for traders, I understand the fear, which is why they have to study market behavior first and see how they can also jump into the market within the possible best time.

This period, traders should have seen that it’s a period where every increase we see must surely have a dip, all they need to do is just to wait for the price to go very high first, After which it won’t be long before they see a price retrace for them to buy, no matter what the retrace is, it will always bound back because the market is already in an uptrend market, so there is no fear of bears again.