ethereum

Out of context: Reply #57

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  • drgs1

    So, I've been in this coin bidness for 3 weeks now.
    I've sold my ETH coins as I mentioned and invested into NMR (Numeraire).

    I've lost another 30%, but what's interesting I have observed, is that there is something called "pumps", which sometimes are leaked/announced in advance...

    If you have funds big enough, it is possible to have two accounts on the same exchange and to just to buy your own limit orders at a much higher than current price, which artificially drives it up, the lemmings follow, and in parallel you follow the regular buy low/sell high.

    They had a pump on 1st of July, and apparently they are having one right now
    https://bittrex.com/Market/Index…

    Cryptocurrencies in a nutshell

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