Because of the unregulated nature of cryptocurrency, pumps and dumps are inevitable. While most people fall prey to this volatility by either buying into the pump or selling into the dump, causing substantial losses when the price either retreats or recovers from the market manipulation. There are ways to know when a pump or a dump might be incoming, this article will discuss the various methods one can use to get informed about market volatility before it occurs.
PUBLIC CHAT ROOMS AND FORUMS
There are a variety of chat rooms and forums available to Bitcoin traders looking to stay in the loop. Bitcointalk.org is the most popular forum, by keeping a close eye on the Alternate Cryptocurrencies section you have a better chance of getting informed about major upcoming price swings.