How to Trade with Cryptoping!steemCreated with Sketch.

in #cryptoping7 years ago

Cryptoping is a service where they send you alerts for when coins get an unusual buy volume increase or price change. After signing up on their website you can use the service either on their website (https://cryptoping.tech/) or on the telegram, like so:

First you should test out the service by tracking the coins prices after they get alerted by cryptoping, you can spot patterns that will help you to find pumps and know when to pull out at the right time. I have noticed that coins with low market cap usualy aren't very consistent, they could pump or completely dump after the alert. The best signs that a coins will pump some % more is if the market cap is high and the buying volume increase is very high. You can see a good example of this below:

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You can see in this example that after CVC got an increase in buying volume of 29.28BTC the price shot up 20%, perhaps some news came out regarding the coin.

Another way you can use this tool is by checking the price of a coin on other exchanges after the coin was pumped in one exchange. It could be that the pump of the price of the coin happened only in one or few exchange(s), in which case you could buy the coin on another exchange where the price is still cheaper and sell the coin on the exchange where it pumped, OR in anticipation that other people might do that you could buy the coin on the exchange where the price didn't pump and wait on that exchange for the price to pair the price of the exchange that the coins price went up. Be careful and check if the wallets aren't in maintenance or the transaction time doesn't take too long when planing to make transfers between exchanges.

My referral for cryptoping: https://cryptoping.tech/?i=45821

That will be all, peace out.


For info on some of the best ICOs coming out check my posts on:

Mybit - https://steemit.com/ico/@joaol/ico-watch-mybit-ico-with-huge-potential

SaltLending - https://steemit.com/crypto/@joaol/ico-watch-salt-lending-private-sale-85-discount

For info on how to participate in ICOs check my tutorial here:

https://steemit.com/crypto/@joaol/how-to-participate-in-erc-20-icos-for-dummies
Note: The SaltLending ICO is a pre-sale, and all you need to do is create an ethereum wallet and register with it, once your get accepted (usually takes a few days) you'll need to send BTC to the address they give you, the tokens will be sent to the ethereum address you registered with, 15 days after the public ICO.

Free 100 NLC2, 5$ now 100$ in the future!
The launch of soccer fantasy sports is in 12 of august.
Right now you can register on http://cryptofantasysports.com and get FREE 100 NLC2(5$), you have however to play the game come August to withdraw, so you might end up with more NLC2 if you play fantasy soccer well 😉.

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Are we required to pay for this service?

It's free. You can pay a subscription for other features though.

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