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RE: 50 Shades Of Crypto Currency Chapter #1 : Pump & Dumps

in #cryptocurrency7 years ago

In the stock market, it is reasonably easy to spot pump and dumps, IF one does his/her homework, which does not take that long. Surprisingly, a number of them are initiated by third parties.

I do not know all what information that cryptocurrency charts provide. Knowing who the principals are and their stake and if it changes is vital information.

Over the last few days, I have discovered more and more acceptance and even direct applications of cryptocurrency. Pardon the pun, but cryptocurrency is now a factor with the likes of Hive.

Fear and greed are two emotions, when overplayed lead to disaster in the markets. One has to have an exit point before the buy button is hit, even if the strategy is to buy and hold.