Over the past several weeks a trend has been forming on Bittrex, forcing some sellers to sell at a very low price while providing opportunities for others. I've decided to share my findings with you.
-Us going to the moon, to eat cheese
I'm fairly new to the Crypto world and therefore cannot state how long this has been happening maybe it's a new thing or maybe old? However I have noticed that Bittrex sometimes states a coins market is closing forcing a massive dump in that coin and a decline in value; Then the news is announced that it is in fact not closing and of coarse, a massive pump follow, raising the price often far above even it's point before the announcement.
-BTC Dump and Pump
The last piece of information I will give you is how to investigate the actual happenings of these coins. that way when you see a coin drop drastically in price you can find out if treasure awaits on the other side. I go to https://coinmarketcap.com and find the coin there. Under the name and symbol of the coin there is an announcements link that send you to the forum https://bitcointalk.org/index. A very useful tool for any aspiring traders out there like myself. I hope you all enjoy this information and might be able to make use of it. Let me know how it goes. Cheers :)
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