Pump and dump scheme
For the past few days the gift market has been fluctuating and yesterday BTC broke its all-time high with FIR, it almost reached around 93k USD and I am hopeful that by the end of time, it will cross 100k. Yesterday we also saw a very good pump in Hive which was about 65% and if you see it today then it has again come to the same place where it was a day before. Well, you must have seen such pumps and dumps happen in coins with a deficient volume. If you have more money, then you can easily manipulate the price of any coin. If you talk about the top 10 coins, then the volume there is very high. If you want to manipulate its price, then you need a lot of money. If you talk about volume coins, then you did not have to pay that much money there. Yes, still it is needed because yesterday a volume of about 4500% was seen on the highway. That was the only reason why there was a pump in its price and all this was a Korean pump. As you can see a lot of traffic or volume was coming from Upbit.
Well, I did not have that much liquidity, but still, I was very upset that the day had a lot of liquidity. Yesterday on the hive, they must have booked a very good profit. Well how are you, let's wait for the opportunities and trade it well. You have to wait for such an opportunity for a long time. In the past few months, I have seen pump pendulums of 20%, but yesterday's one was quite high and yesterday a lot of people must have booked good profits because people were sitting with Liquid Highway for a long time because they were hoping that maybe there will be a pump in this coin as well, but it did not go as expected because we can say that it is a fake pump because today again it has come there and those who had to book profits, they just booked it and went away.
If you have liquidity in any coin then you should wait for such opportunities and should not miss them because such opportunities do not come again and again. Whenever they come, you should take full advantage of it and book profit. Yes, some people are long-term investors, but if such pumps and presses keep happening, you may have a good opportunity to grow your assets. Yes, not everyone can do such percentages etc. There are many situations but if you get a chance, you should graph such situations like that. Some people keep a bigger bet than their brothers, why don't they know in advance that someday it will happen? This is all a game of patience; if you have patience, you can easily book profit.
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