Quote from: maydna on November 15, 2019, 05:29:48 AM

Quote from: tonyja2017 on November 15, 2019, 04:08:54 AM

Quote from: pavela2019 on October 27, 2019, 12:45:42 PM

How to take advantage BTC Pump and Dump in short period?

This is really very difficult and only prophets can do and not even. because the price of bitcoin is always manipulated by many sharks and you will never know which is the top or the bottom.
The best way is to use the indicators RSI, EMA, MACD, Bollinger Band to identify the support or resistance is strong or not, so that you can make a more accurate decision.

If the pump or dump comes too fast, I don't think that all of the indicators will work because the moving of the coin will be too fast. You cannot predict how much the price will increase or decrease because the price will go up and down with fast. You can only place an order buy or sell at the price you want and hope that it will be filled in a short time. But the truth is we don't know if the bitcoin will get a pump or dump in a short period because there are so many traders are involved in the market, and we could only make a line on our analysis and predict where the price will be moved.

Most traders are also gambling with their positions, especially traders who are doing the scalps it's very unpredictable market and sometimes it's wild and can bring your investment to very huge falls. You need to have a good mindsets and a big nerve to keep working out with this industry, never to forget to research and understand the path that you are following to have a good position once your trade being hit.