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Cryptocurrency pump.

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How to identify cryptocurrency pump and not to lose all my money?

Usually before a bold green candle there is a flat, a so-called "quiet period". The price stands in one place, neither rising nor falling. Despite the ostensible stability, this is a very dangerous period, because the flat is usually followed by either a sharp price increase or a sharp price decrease. It's important to foresee which way the trend will move

If you don't have extra money and you don't want to lose your honestly earned money, you should always think with your head. There are a number of rules which should be followed in your work to avoid unnecessary losses. You need to spend time studying the theory. I personally always take Crypto Signals here into consideration and it is only thanks to them that I earned money and not lost.

Be careful about how a crypto is promoted. If it's a meme coin, especially one promoted by influencers that otherwise don't have much to do with cryptos, be wary. For example, both Kim Kardashian and Floyd Mayweather were both pretty involved in the EthereumMax pump and dump scheme, and now angry investors are suing them.  If you see something like that, take it as a big red flag.

An easy way to identify a pump and dump scheme is when an unknown coin suddenly rises in value without a reasonable explanation. A coin's price chart can easily reveal this. For example, Coincheckup has set a benchmark of 5% price increases within five minutes as its indicator.


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