Simply put there is no jurisdiction in the world that has any laws that even suggest that the manipulation of digital currencies is illegal. People don't even need licences or certifications to create or trade digital currencies. This is probably the most unregulated market in the world right now.

Every banker, his wife and two out of his three mistresses will tell you that a total lack of regulation in a financial market is like a classy, non taboo, form of crack cocaine for a capitalist because there are no holds barred and you are free to do as you please

PND is far from being illegal

these exclamations regarding market morality are pretty comical. Our participation is our support for the frontier market, moral imperative is a non-sequitur. And unfortunately everyone prattling on about pump and dumps being "illegal" doesn't have half a clue -- please show me a country where crypto securities manipulation is illegal. There are also some hilarious misuses of the term "insider trading" in here, some of you guys should really pull together a cogent argument before pretending to have one.

LOL it was almost prophetic

He should be making altcoin calls with this superior insight that he has


You've insulted me too many times for me to even take you seriously

It's clear that you're just jealous and bitter

you don't even have to feel this way, if you want to compete just compete

Don't waste time and energy talking about what you're "gunna" do, just do it bro

I hope you're able to get over this in the future though man

it sucks to see someone so angry about something that they will never be able to change

best wishes though man

 

Probably my best run too

Everyone thinks is soo difficult to trade alts, but this is probably the easiest money ive made in my life

Thousands of $ every month from the comfort of my living room armchair

+ 1 me and you too bro

I can see the wave coming in man.... it's gonna be a big one

lol look at the price of arch coin when this pick got sent out it was 3682 now it's 60650 lol ryan is making me want to quit my job and take up crypto as a profession

1547% profit on arch

 

with more and more people finally starting to trade with propper form, the profits for the old guard are going to keep on shrinking and dwindling away

and they don't like it

but we dont care

I just can't believe how stupid some people are. FREE MONEY. From trading in an unregulated market. With all the same "money-making-rush" as gambling. I almost want this thread to be taken off the planet because I don't want anyone else to gain this knowledge, but it would ruin the comedy gold of people coming in and calling us puppets because they're jealous.

Its such a simple concept, but also one that makes the difference between traders that win and traders that always lose

tore down 3 btc on the first boost and another 3 btc during the first drop.......put 6 btc (all profit) back in @ the bottom and we hit 230KSATS today HA do the math on that one

wtf? crave is going absolutely apeshit this is insane LOL

I believe that the human mind is more powerful than any rsi or fibonacci tool in analysing the implication of price action. In fact, the human mind is the world’s most superlative pattern recognition machine, therefore, we’re able to pick up on the simple fact that there are cycles in everything – the weather, ocean waves, and altcoins.

PATTERN
A consistent, characteristic form, style, or method, as:
a. A composite of traits or features characteristic of an individual or a group: one's pattern of behaviour

Just like we are able to predict the actions or movements of friends and family based on the behaviour that they have exhibited in the past, It is in this same way that you can also anticipate the movement of any altcoin – simply by assessing its behaviour in the past.

In Crypto, most traders never get past the starting gate because they don’t use good selection criteria. They don’t know what to look for to find the most optimal trading opportunities – which is why they consistently buy into and sell out of positions at the wrong time and end up losing money. They aren’t tuned into the bigger picture.

You don’t need an assortment of smoke screens or voodoo priests to consistently win in Crypto. All you need is an ounce of common sense, patience and the ability to accurately exploit price patterns.

Most Coins behave uniquely when compared with others. This is due to the psychology of the people who are trading them. Different Coins have different batches of traders behind them, and so they behave differently. One Coin may have a habit of trending, whilst another coin will have a habit of staying range bound.

Yah if start carries on like this i'm thinking it will be this weeks sdc **rubs hands**

lol this sdc pump has me laughing all the way to the bank like



Just cashed out all of my sdc into btc, now its time to get my hands on some dirty green fiat

Its psychology, people only speculate on bitcoin to make money. When bitcoin crashes they turn their focus, and their dollars, to the alts

Look at bitcoins chart every time it has crashed there has been a major altcoin pump

Remember how the altcoin game is marketed bro, every coin is touted as being "the next bitcoin" and there you have the point of the Altcoin/BTC market

there is a want, need and demand by millions of people to find the next bitcoin.
But what they mean when they say "the next bitcoin" isn't that they want a faster and leaner coin, they want another coin that has a $100 Million dollar pump and goes up 12,000%

So to bridge the gap, altcoins were created. The demand is another bitcoin circa 2012/2013 MEGA pump, and the supply is altcoins.
So there is no point of the altcoin market except to capture the excess demand that bitcoin itself generates

But do you know what this means? Bro, the next time bitcoin pumps and then the big media and news corporations start running their advertising, bitcoin is going to crash hard just like it did last time

then what?

All the millions of poor fucks that lost money or sat on the fence are gonna be sniffing around for "another bitcoin" and the altcoin market will have it's second boom!! Remember AUR having $1million volume in one night? We will be smack dab back in the middle of that kind of market environment

Bitcoin is the main dish, altcoins are the dessert

so we have to wait for bitcoin to complete its current pump and then crash. That is when the altmarket will really come to life. All of these profits we are seeing now is nothing compared to whats coming

I don't have any sympathy for traders who dont have any skill, it's almost boderline pathetic that the concept of buying low and selling high is so complicated for some people

There are always opportunities like ARCH available. It all boils down to your skill as a trader to uncover and exploit these opportunities before the rest of the participants in the market.

All of the answers to your questions regarding price movement, can be answered simply by carefully analysing the price charts for what I call 'percentage patterns.' Throughout my research of the altcoin market, I have found that each and every coin that is available for trading, has 'several' recurring percentage patterns.

There are coins that rally once every month... There are coins that rally once bi-monthly, and there are coins that rally twice a month. The 'most' telling factor in each one of these scenarios that completely exposes the most optimal buying price is the % decline that occurs after each of these rallies.

The ability for BTC to be liquidated from an altcoin relies heavily upon public interest - and also herd psychology.

If you were to study the orders on the buy side of a coin, you will see that people tend to place their buy orders in price ranges that already contain existing orders - people will rarely put buy orders into extremely low price ranges simply because they assume that their order will never be hit if they were to do that... so when people aren't sure what to do, what happens?  - they follow the crowd. Therefore they put their buys in amongst the cluster of orders that have already been placed by other traders.

This is what forms "the bottom" or "the floor" ...

Each and every coin has it's own "floor," where traders place their buy orders due to this psychological influence of social proof.

You see, when ever you have a collection of human beings buying / selling an asset, there will always be prevailing patterns of movement and all of these patterns are exposed on the charts.

By looking at the % decline that occurs after every rally, you are able to expose where the "bottom" is in any coin that you're trading.

For instance, some coins tend to rally, then decline -70%... then rally again, then decline by -70%... then rally once more, and decline by -70%.... The % decline will vary from coin to coin... some coins will repeatedly drop -85% after a rally, or -60% or -90%, the point is, these patterns occur in every coin in this market, which makes the % decline a very powerful tool that you can use to your advantage.

Also you need to be conscious of the fact that some coins can shed value, and never rise again, but if you read through my posts (particularly this one)you will see that you can very easily separate these coins from the strongest performers in the market - and there are a whole lot of strong performers.

Most crypto traders will never win - simply because they don't understand why / how a market moves. So they are always "scared."

But the exploitation of 'percentage patterns' will allow you to make serious amounts of money in crypto.