Quote from: CryptoAssasin on July 19, 2018, 02:22:27 AM

This is getting frustrating. I thought that we are now going to the moon because BTC surpassed $7000 resistance level and we saw that most altcoins follow. I bought ETH for $513 then now it is getting dump where the current price is $470. in just 12 hours, i lost $43. What is your reaction and strategy when altcoin gets pump?

This might seem frustrating to you if your only beginning. I've been on both ends of the spectrum lol the way i see it is, if there's no relevant news that goes along with such "pump" then most likely these whales are trying to shake hands by placing FOMO on buyers and forcing new buyers to buy and they can sell at relatively new highs. Mini pumps is what i call them. At this point you might as HODL and try and keep your loss at a minimum. Best of luck

WonderGuy

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