Quote from: Cherylstar86 on November 08, 2019, 03:49:13 PM

Quote from: Shasha80 on November 08, 2019, 09:35:38 AM

We must monitor the market as often as possible, to get a dump position. After have dump position, you can immediately buy bitcoin
at that price. After that, immediately set a target sell, don't take too much profit, just 1-2% profit. Do it like that every day of the month
can get about 20% profit. That is my trading pump and dump strategy in short period. But this strategy includes very high risk, sometimes
the price cannot be controlled when we buy in dump position, it will be even more dump soon. So from that use money that we can afford
to lose.

Great idea comes to those have experience. Nowadays, needs more patience in terms of trading process since many of us here want a good amount of profit. It's so difficult to know on your own bet but sometimes we experience those losses in able to learn what we have done on our mistakes. Pump and dump needs a lot of time and I don't think many of us here will survive that 1% to 2% of profit a day like a 24hrs monitoring the value of crypto you choose.

This only works on professional traders which have a lot of skills and trading so they can make sure profits like 1-2% in every trade. But if newbies doing this i'm sure it won't run as expected because taking profits in every trades is hard even it's just 1%. The newbies will experienced loss because they will panic when their coin that they bought drops until 5% and they must be cutloss the trade.
So, for doing stable profits is need a lot of experienced of trading and very high skill.