Post
Topic
Board Trading Discussion
Re: How to take advantage BTC Pump and Dump in short period?
by
daarul50
on 08/11/2019, 06:32:02 UTC
Some peoples are beginners in crypto trading so they are all don't know how to fluctuate all the time. Bitcoin is always fluctuate because it is volatile crypto currency so market is moving forward and backward. It is a decentralized cryptocurrency so no one stop the fluctuations but any government can add some regulations and it will never affect the Bitcoin.
I feel like bots could actually work wonders in these kinds of situations, after all they are automatically doing the trades so it means they must be taking advantage of the big ups and downs. I really wanted to see a bot that works on ups and downs of the leverage market as well because that looked like the real place where bots could make a serious damage considering people can't be too quick but bots could literally get out before liquidation so it is actually a good idea.

However, giving the full power to a bot is not really that healthy neither because it is software after all, even the greatest coder could have an unexpected error and I do not want all my money at the hands of a bot that doesn't really understand what I want from it, just does what I say it to do.
yes i couldn't agree more with you that even with bots you still need to check it manually sometimes that is the rule number 1.

actually if you do trading more often , you will get used to looking for the situation around and how to deal with it , what i mean is whenever you see a market movement unusual you will identified it early than what people can realized.
and that moment is your momentum to make a buy decision or sell, market movement always have some patterns and your job is to find it.

so IMHO to taking an advantage with the aggressive market movement is by having more experience to face any kind situation.