Pamp and bitcoin dump are concepts that go together and literally one after another. The main rule: behind every unreasonable, “bloated” growth, there will be an even greater fall, at which the pampers will make a profit. But even a cautious novice trader can try to get income on such a difference, the main thing: to open and close a deal in time without waiting for an even higher quote. In the period when the PTS is not trading above $ 4,000, the Bitcoin pump was talked about in December 2018, when it rose from 3,200 to 3,800 and even went higher in a couple of days, but in fact it was not unreasonable growth, and not so fast . How to distinguish in advance the upcoming scheme - read in my material.
What is a pamp and who are pampers?
During the trading of cryptocurrencies, pamps and dumps periodically take place, and saying that this is such, it is worth marking out 2 main trends:
- During the pampa course is growing rapidly up;
- During the dump quotes fall sharply.
Despite the fact that this is actually a definite direction of the course, the main difference, when compared with traditional adjustments, is that the pump and dump are manipulative, rather the forcing effect. Pampers are those people who “warm up” the exchange rate on exchanges in various ways, including massive informational interventions. Such trading strategies were popular at the beginning of the “zero years” on the stock exchanges (the story of the American energy company Enron), and in my material I told in detail what a pamp and a cryptocurrency dump are and when the first and second come.
Large-scale pamp and its signs
I mean that the bitcoin pamp is not a frequent concept, but the last large-scale manifestation was on the night of January 7, when the PTS practically began to trade at the level of 4200 for a coin, and it can be said that this increase occurred dramatically quickly.
Among the main manifestations of pampas, I would highlight:
- The emergence of a large amount of news on various resources regarding the currency.
- A sharp jump in the course on different exchanges.
- Filling channels and social media accounts with “good” data.
Knowing what it is and how the pamp and dump work, you can get your own benefit, although the scheme itself is still considered “gray”. And if you want to get a closer look from the technical point of view: what is Bitcoin cryptocurrency, the material on the GQ Blog Monitor is ready.
What are Bitcoin Pamps?
Considering the bitcoin pamp, I note that today the military-technical cooperation is already around $ 3,960 for a coin, and the changes on January 7 were swift. Therefore, the pampas are:
• short-term
• long-term (large-scale).
The difference in time is that a long-term one in its life can survive 2-3 course jumps in different directions.
Preparation is needed for both the first and second type, but at the same time there are much more means and efforts for large-scale.