What is the phenomenon of the pump in circulation in digital currencies and how to use it myself

in steemit •  7 years ago 

Hi steemit

 No doubt you noticed the recent rise of some currencies on platforms such as yobit and others. This is due to the phenomenon of pump, where there are many organized and unorganized groups from India, Pakistan, Brazil, Poland, Russia, Ukraine, some Arab groups and also some sites on the Intranet

You can see the pump before it happens by monitoring the change in currency size in currencies, as was the case with yobit and also where the size is no more than 21  Bitcoin to double the number in the morning and then raise the price of pumps.

How do we monitor the size of the configuration in each currency?

You can take a snapshot of the list of currencies and then compare the size every two or three hours, and if you notice any rise in size or large barriers, it means that the currency will rise

Of course no doubt I would like to have a practical explanation so I chose you coin can experiment on it

This is to teach how the pump is done

Basic rules for it

The currency number is not large

There should be some buying centers on the currency

Prefer not to be coin Token and also not to have happened to her pump soon

And also that the price of the currency is not high

 Some search found this currency

https://coinmarketcap.com/currencies/bittokens/#markets


Where it has some rules
The number of little + small price + have buy orders + are found on 2 platforms
The idea can be tested on the coinexchange

But do not forget this is just an experience you can try for a little

 You are the author of the decision to experiment and therefore on all the hopes I hope that everyone wins 

But do not forget if you win this idea to send us your own experience 


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I dont have a experience about bitcoin..I'm a beginner

good poste my leader