If the 'Hodl' Method Works, This COULD Be A REVOLUTION And HUGEEEE Chance (Checkmate for Pump and Dumpers?)

biddle (61)in #hodl • 7 years ago (edited)

IMPORTANT NOTE: As always, I'm not endorsing a coin here, just bringing information to people's attention, as always. Think for yourself please and if you do CONSIDER my information, do not utilize it as your only source or even your main source. That WILL NOT make you a successful trader.

The 'Hodl' Method that is being used on ChainCoin essentially works like:

Everyone hold your coins, EXCEPT for the biggest holders (essentially market makers), who can use buy and sell WALLS, to make sure the climb of the price is STEADY (if it is a super explosion supernova upward, there is a sell frenzy which will obliterate the coin and KILLLLLLLLLLLLL small, uninformed investors.

It seems to be working with ChainCoin and the price action on TransferCoin seems to imply that this may be occurring there too.

If this works, this may be a time to get in and rise like an eagle.

THAT being said, there will be opportunistic investors who will USE that once once information becomes to wide-spread and they will make a play to break that as a means of making a ton of money, so this may only be a short to medium term strategy (IF there is a way to stop it when the market makers are doing this [I hope there isn't!], if there isn't a way to stop it, it could be a checkmate for pump and dumpers).

Keep in mind you MUST do your own research and there could be other factors at play causing this kind of action (correlation is NOT causation - the fact that these are 'masternode' coins is likely playing a HUGE role, since it attracts long term holders looking for passive income)!