TRADINGVIEWš„š„š„
23,202 views
10 Discussing
Hot
Latest
What is a Pump and Dump in Crypto? Biggner First Understand itšØš
What is a Pump and Dump in Crypto?
A pump and dump is a fraudulent scheme in the cryptocurrency market where bad actors artificially inflate the price of a coin ("pump") and then sell off their holdings at a profit, causing the price to plummet ("dump"). This scam exploits hype and preys on inexperienced investors.
How Pump and Dump Schemes Work
Accumulating the Token: Scammers secretly purchase large amounts of a low-market-cap cryptocurrency.Generating Hype: They use social media, online forums, and private groups to spread exaggerated claims about the coinās potential.Driving the Price Up: As FOMO (fear of missing out) sets in, new investors rush to buy, causing the price to soar.Dumping the Coin: The scammers sell off their holdings at the peak, triggering a market crash.Innocent Investors Suffer: Late buyers face heavy losses as the coinās value collapses.
Red Flags to Watch For
Low Market Capitalization: Small-cap coins with low trading volumes are prime targets for manipulation.Unexplained Price Spikes: A sudden, dramatic increase in price without legitimate news is suspicious.Over-the-Top Promises: Claims of āguaranteed profitsā or comparisons to Bitcoin are often scams.Influencer Endorsements: Be wary of unknown influencers aggressively promoting a coin.No Real Use Case: Many pump-and-dump coins lack any practical application or development team.How to Protect Yourself
Resist FOMO: Avoid impulsive investments driven by hype. Stick to your research.Analyze Trading Volume: Watch for unnatural spikes in trading activity.Verify the Information: Check if the buzz is supported by credible news or partnerships.Diversify Your Portfolio: Spread your investments across multiple assets to minimize risk.Use Trusted Exchanges: Stick to reputable and regulated platforms like Binance or Coinbase.
Final Thoughts
Pump and dump schemes are a pervasive issue in the crypto space, and they can lead to devastating losses for unsuspecting investors. Staying informed, conducting thorough research, and ignoring exaggerated claims are critical to safeguarding your investments. Remember: if something seems too good to be true, it probably is.
#pumpNdump #ThanksgivingBTCMoves #TRADINGVIEWš„š„š„ $BTC $BNB $ETH
A pump and dump is a fraudulent scheme in the cryptocurrency market where bad actors artificially inflate the price of a coin ("pump") and then sell off their holdings at a profit, causing the price to plummet ("dump"). This scam exploits hype and preys on inexperienced investors.
How Pump and Dump Schemes Work
Accumulating the Token: Scammers secretly purchase large amounts of a low-market-cap cryptocurrency.Generating Hype: They use social media, online forums, and private groups to spread exaggerated claims about the coinās potential.Driving the Price Up: As FOMO (fear of missing out) sets in, new investors rush to buy, causing the price to soar.Dumping the Coin: The scammers sell off their holdings at the peak, triggering a market crash.Innocent Investors Suffer: Late buyers face heavy losses as the coinās value collapses.
Red Flags to Watch For
Low Market Capitalization: Small-cap coins with low trading volumes are prime targets for manipulation.Unexplained Price Spikes: A sudden, dramatic increase in price without legitimate news is suspicious.Over-the-Top Promises: Claims of āguaranteed profitsā or comparisons to Bitcoin are often scams.Influencer Endorsements: Be wary of unknown influencers aggressively promoting a coin.No Real Use Case: Many pump-and-dump coins lack any practical application or development team.How to Protect Yourself
Resist FOMO: Avoid impulsive investments driven by hype. Stick to your research.Analyze Trading Volume: Watch for unnatural spikes in trading activity.Verify the Information: Check if the buzz is supported by credible news or partnerships.Diversify Your Portfolio: Spread your investments across multiple assets to minimize risk.Use Trusted Exchanges: Stick to reputable and regulated platforms like Binance or Coinbase.
Final Thoughts
Pump and dump schemes are a pervasive issue in the crypto space, and they can lead to devastating losses for unsuspecting investors. Staying informed, conducting thorough research, and ignoring exaggerated claims are critical to safeguarding your investments. Remember: if something seems too good to be true, it probably is.
#pumpNdump #ThanksgivingBTCMoves #TRADINGVIEWš„š„š„ $BTC $BNB $ETH
#ChristmasMarketAnalysis
In this Christmas š the market is not like other years.It shows a bearish momentum still. I cannot believe why is that happened. I think lot of people have holiday in these days for Christmas. Crypto whales got big profits in last days with the $BTC hits it's new altime high. and they declined the $BTC down to 92k. Now it is pull back to some extent but still not came to it's new altime high. In this condition be careful for future trading sudden market changes can happen in any time so do your own research using #TRADINGVIEWš„š„š„ and take a hopeful entry to future market. This time many short fluctuations occurs in crypto market.So be careful use low leverages ,use stop-loss function regularly about 15% and also take profit function to reduce your money loss. Have a good day.Use binance and explore the crypto space.
In this Christmas š the market is not like other years.It shows a bearish momentum still. I cannot believe why is that happened. I think lot of people have holiday in these days for Christmas. Crypto whales got big profits in last days with the $BTC hits it's new altime high. and they declined the $BTC down to 92k. Now it is pull back to some extent but still not came to it's new altime high. In this condition be careful for future trading sudden market changes can happen in any time so do your own research using #TRADINGVIEWš„š„š„ and take a hopeful entry to future market. This time many short fluctuations occurs in crypto market.So be careful use low leverages ,use stop-loss function regularly about 15% and also take profit function to reduce your money loss. Have a good day.Use binance and explore the crypto space.
Steps To Create A Crypto Trading Bot For Trading View
If you are the type to avoiding trading on your own, this is for you.
To create a crypto trading bot for TradingView, start by defining your trading strategy and selecting a programming language, typically Pine Script. Then, connect your bot to TradingView alerts and an exchange API to automate trading based on your strategy.Ā
Step 1: Define Your Trading Strategy
- Choose a Strategy Type:
Ā - Trend following
Ā - Mean reversion
Ā - Arbitrage
Ā - Breakout trading
- Identify Indicators:
Ā - Use technical indicators like moving averages, RSI, or MACD to inform your trading decisions.
Step 2: Set Up TradingView
- Create an Account:
Ā - Sign up for a TradingView account if you donāt have one.
- Access Pine Script:
Ā - Familiarize yourself with Pine Script, TradingView's scripting language for creating custom indicators and strategies.
Step 3: Write the Bot Code
Write the bot code using your preferred indicators.
Step 4: Set Up Alerts
- Create Alerts in TradingView:
Ā - Use the alerts feature to notify your bot when specific conditions are met, such as when your strategy generates a buy or sell signal.
Step 5: Connect to an Exchange API
- Choose an Exchange:
Ā - Select a cryptocurrency exchange that supports API trading, such as Binance or Coinbase.
- API Integration:
Ā - Use the exchange's API documentation to connect your bot to the exchange for executing trades based on TradingView alerts.
Step 6: Backtest Your Strategy
- Run Backtests:
Ā - Use TradingViewās built-in backtesting features to evaluate your botās performance on historical data.
- Optimize Parameters:
Ā - Adjust your strategy parameters based on
backtesting
#BinanceAlphaAlert #bot_trading #TRADINGVIEWš„š„š„
If you are the type to avoiding trading on your own, this is for you.
To create a crypto trading bot for TradingView, start by defining your trading strategy and selecting a programming language, typically Pine Script. Then, connect your bot to TradingView alerts and an exchange API to automate trading based on your strategy.Ā
Step 1: Define Your Trading Strategy
- Choose a Strategy Type:
Ā - Trend following
Ā - Mean reversion
Ā - Arbitrage
Ā - Breakout trading
- Identify Indicators:
Ā - Use technical indicators like moving averages, RSI, or MACD to inform your trading decisions.
Step 2: Set Up TradingView
- Create an Account:
Ā - Sign up for a TradingView account if you donāt have one.
- Access Pine Script:
Ā - Familiarize yourself with Pine Script, TradingView's scripting language for creating custom indicators and strategies.
Step 3: Write the Bot Code
Write the bot code using your preferred indicators.
Step 4: Set Up Alerts
- Create Alerts in TradingView:
Ā - Use the alerts feature to notify your bot when specific conditions are met, such as when your strategy generates a buy or sell signal.
Step 5: Connect to an Exchange API
- Choose an Exchange:
Ā - Select a cryptocurrency exchange that supports API trading, such as Binance or Coinbase.
- API Integration:
Ā - Use the exchange's API documentation to connect your bot to the exchange for executing trades based on TradingView alerts.
Step 6: Backtest Your Strategy
- Run Backtests:
Ā - Use TradingViewās built-in backtesting features to evaluate your botās performance on historical data.
- Optimize Parameters:
Ā - Adjust your strategy parameters based on
backtesting
#BinanceAlphaAlert #bot_trading #TRADINGVIEWš„š„š„
$1MBABYDOGE
In the past two hours, Baby Doge Coin (BABYDOGE) has shown slight price movement, continuing its recent upward trend. Currently trading at $0.000000005932, it has seen a 1.42% increase over the last 24 hours. The token has been riding a wave of increased interest, with its price up 63% in the past week and 79% for the month. This aligns with a broader meme coin rally, where investors are considering BABYDOGE for its community-driven initiatives and hyper-deflationary tokenomics.
Key factors influencing its price include its ongoing auto-burn mechanism, which creates scarcity by reducing supply, and its ecosystem developments such as Baby Doge Swap and charity partnerships. Additionally, technical indicators suggest a āstrong buyā signal for short-term traders.
For more detailed insights or recent chart analyses, you can check resources like #TRADINGVIEWš„š„š„ or #binance
Please note, this is not a trading advice. Please do your own research before making any investment.
In the past two hours, Baby Doge Coin (BABYDOGE) has shown slight price movement, continuing its recent upward trend. Currently trading at $0.000000005932, it has seen a 1.42% increase over the last 24 hours. The token has been riding a wave of increased interest, with its price up 63% in the past week and 79% for the month. This aligns with a broader meme coin rally, where investors are considering BABYDOGE for its community-driven initiatives and hyper-deflationary tokenomics.
Key factors influencing its price include its ongoing auto-burn mechanism, which creates scarcity by reducing supply, and its ecosystem developments such as Baby Doge Swap and charity partnerships. Additionally, technical indicators suggest a āstrong buyā signal for short-term traders.
For more detailed insights or recent chart analyses, you can check resources like #TRADINGVIEWš„š„š„ or #binance
Please note, this is not a trading advice. Please do your own research before making any investment.
Login to explore more contents