You are viewing a single comment's thread from:
RE: Trading For Fun & Profit: Another Potcoin Pump Is In Progress Now On Poloniex.
POT loves it pumps, I've been lucky to catch one in the past but I've missed the last couple. What's the secret? How do you spot them?
I can't predict their very beginning but by being lucky enough to pop in the right day and the right time of day I can spot them on the way up by the sudden surge of sustained then 1 or two green surges(blips of green higher) of buy volume uncharacteristic with a normal trading day. I'm a drive by trader meaning never sitting for more than 10-15mins to process some trades and sometimes missing complete days all together since it really is just a hobby for me. As a result, I miss many plays I could have spotted, oh well. This time I was only trade 200 at a time just to test the waters in Potcoin as I'm a long term investor already and just started round tripping it for the past couple of months since it's previous pump.
Thank you for posting and your question.
Thanks for your answer, I can see the small spikes in volume, makes sense.
My pleasure.
I'm going to add a picture from the October chart at the bottom of this post to better illustrate my answer.
Here was my first pump in progress post from 2 months ago if you're interested along with my 3 week followup post:
https://steemit.com/beyondbitcoin/@bluehorseshoe/the-potcoin-roller-coaster-ride-is-almost-over-wow-that-was-fun
https://steemit.com/potcoin/@bluehorseshoe/potcoin-technical-analysis-from-3-weeks-ago-a-pump-and-dump-chart-prediction