Shark Hunter Part 1: Psychological Secret Behind Fish’s Pump-and-Dump Trick

I. Crypto Sharks and Lifelike Rumors

“Shark” has become the most classic concept among crypto investors, especially new investors. In people’s minds, “Shark” is often referred to as a universal actor who can move heaven and earth, specialize in pumping / tilting the market with no rules, and making a related brother swing to the top.

So are these rumors true?

Please say yes or no. In the cryptocurrency market, there are always groups trying to manipulate the market in order to make a profit. However, they are just ordinary people like us, and they do not have unlimited power. Usually the method of making profits with sharks has rules too, and of course they are often caught at losses as usual.

Therefore, today Bitcoin Magazine will publish a series of articles on the subject of “Shark Hunter”. This series of articles focuses on analyzing the psychological tricks behind the pump-and-dump process, as well as analyzing this process of the sharks in the cryptocurrency market. In the last article I will analyze the current market situation further and answer the very sensitive question: “Have the sharks really left the cryptocurrency market or not? Because for me, the existence of “Hai” in the cryptocurrency market is not a bad thing, it’s a good thing.

II. What is a crypto shark. Why is there an injection process?

1. Who is a shark?

Currently, the concept of the whale (whale) exists in the world market for cryptocurrencies. Via Synthetic Team, whale was renamed to shark, and this is the term most people use. Anyway, whales or sharks are just nicknames referring to individuals and organizations who own lots of coins from early investments or have lots of cash. And with their experience and financial condition, sharks keep finding ways to manipulate the market according to their intentions in order to profit from unwary investors.

One thing to keep in mind is that sharks don’t play with a small capital like normal people. You and I, people of a few thousand to tens of thousands, even hundreds of thousands of dollars, are nothing compared to sharks. Therefore, their way of making money must also be different from that of the majority. Instead of trading on a daily basis like most people, sharks often choose to hold and inflate to make money.

2. Why is there a pump-and-dump process?

For Sharks, the most important thing is not the price of the coin. It should be remembered that most of the sharks involved in the cryptocurrency market have a significant amount of capital that is significantly higher than the daily trading volume that the market can absorb under normal conditions. Hence, liquidity is the most important thing for sharks. In other words, the shark’s mindset is not to buy low and sell high. The shark’s mindset would be to buy in the highlands and sell to as many people as possible in the highlands. And for liquidity reasons, sharks are forced to create a pump-and-dump process.

There are two main reasons sharks need to have a pump and dump trick. The first reason is due to the small size of the cryptocurrency market and the lack of a legal framework. Hence, sharks are free to use their pump / dump tricks without fear of being touched by regulators like other financial markets. The second reason arises from the fact that altcoins have no intrinsic value. And because altcoins have no intrinsic value, sharks have used psychological tricks to trick investors into buying worthless altcoins.

III. The psychological secret of the “upper swing”.

In order to avoid buying coins upstairs and selling coins downstairs, players need to know the psychological principles of the majority of players in the active crypto community. Why are you buying coins Why are you selling coins? What makes you believe that 1 coin / 1 project has potential?

In fact, most of your thoughts are being manipulated by sharks. As a result of the pump-and-dump process and psychological manipulation, unsettled crypto players often get caught up in the vortex of FOMO.

In order to understand this psychological secret, I would first like to ask you to think about the simple question and answer yourself: Why are you investing in this market?

Ignore statements like “I am a blockchain technologist, do I want to invest in the future or just believe in it”. The reason most people invest in the cryptocurrency market is because of the huge returns from that market, the returns are tens or even hundreds of times that. In all fairness, the cryptocurrency market only gets the most attention and new money when it has grown tremendously. A coin or a project is only considered good if it continuously reaches its peak and vice versa, if a coin continues to decline, it is quickly regarded as worthless “Shitcoin”.

It’s true, altcoins are practically worthless. It only applies due to the greed of the participants.

Sharks take advantage of this to stimulate gamblers’ greed and fear so that they will constantly buy high and sell low.

Since altcoins have no intrinsic value, the shark used a very simple but very effective trick for the players to attribute value to it, namely pump and dump to depress the price.

Shark Hunter Part 1: Psychological Secret Behind the Fish's Pump Trick.

Without such pumping phases, nobody would know who Justin Sun’s face is.

Most of the players I know when they buy TRX for 150 satoshi and think they will invest for the long term, most of them look at the peak of 1000-2000 satoshi and hope to return there one day. The same goes for ETH, NEO, XRP, EOS or any other coin on the market. Just pump it up at an incredible price and the shark has a base of people waiting on the lower levels to buy in hopes that the coin you bought will come back to the old top. Most of the time, this won’t happen, and I think it will be a long time before you see XRP back to the top of $ 3.

When trading coins, most players are blinded by this price factor. Instead of looking at current market conditions, they look for previous price points to find hope and speculation about their value. Most cryptocurrency investors often buy when looking at the “high” area too high and sell when looking at the “valley” area too low. Unfortunately, the sharks do the opposite, sell when the price goes down and buy when the price goes up. If you’ve read this far, don’t be too sad and think that the shark is targeting you alone. Usually they target the crowd and you happen to be one of the people in that crowd.

Shark Hunter Part 1: Psychological Secret Behind the Fish's Pump Trick.

If someone bought AION to expect it to return to the top, it is already 100 times lower than the high. This means that even if you buy AION 10x off the top, you will also split your next account 10x.

So I always tell people that when trading coins, you never look at the old price of the coin in the past, just look at the present. Because once the shark has pumped a coin up, it is very unlikely that it will pump it back up to that mark. Therefore, never buy a coin because you think it is “too cheap”. In the cryptocurrency market, no price point is too high and no price point is too low. Instead, it is better to know the shark’s pump and dump cycle to keep you from swinging and when to give the command to follow the shark.

IV. End

So, in Part 1 of the Shark Hunter series, you learned about the definition of a shark, as well as the psychological secret behind the shark’s pump-and-dump cycle. If you understand this psychological cycle, you may not be rich. But at least you avoid unknowingly losing money and becoming “reluctant owners”. Part 2 of the article will carefully analyze each step sharks use in a “pump-dump” cycle and analyze what the crypto market would be like without sharks.

Mr. Teacher

According to the Cryptohub

Follow the Youtube Channel | Subscribe to telegram channel | Follow the Facebook page

Shark Hunter Part 1: Psychological Secret Behind Fish’s Pump-and-Dump Trick

I. Crypto Sharks and Lifelike Rumors

“Shark” has become the most classic concept among crypto investors, especially new investors. In people’s minds, “Shark” is often referred to as a universal actor who can move heaven and earth, specialize in pumping / tilting the market with no rules, and making a related brother swing to the top.

So are these rumors true?

Please say yes or no. In the cryptocurrency market, there are always groups trying to manipulate the market in order to make a profit. However, they are just ordinary people like us, and they do not have unlimited power. Usually the method of making profits with sharks has rules too, and of course they are often caught at losses as usual.

Therefore, today Bitcoin Magazine will publish a series of articles on the subject of “Shark Hunter”. This series of articles focuses on analyzing the psychological tricks behind the pump-and-dump process, as well as analyzing this process of the sharks in the cryptocurrency market. In the last article I will analyze the current market situation further and answer the very sensitive question: “Have the sharks really left the cryptocurrency market or not? Because for me, the existence of “Hai” in the cryptocurrency market is not a bad thing, it’s a good thing.

II. What is a crypto shark. Why is there an injection process?

1. Who is a shark?

Currently, the concept of the whale (whale) exists in the world market for cryptocurrencies. Via Synthetic Team, whale was renamed to shark, and this is the term most people use. Anyway, whales or sharks are just nicknames referring to individuals and organizations who own lots of coins from early investments or have lots of cash. And with their experience and financial condition, sharks keep finding ways to manipulate the market according to their intentions in order to profit from unwary investors.

One thing to keep in mind is that sharks don’t play with a small capital like normal people. You and I, people of a few thousand to tens of thousands, even hundreds of thousands of dollars, are nothing compared to sharks. Therefore, their way of making money must also be different from that of the majority. Instead of trading on a daily basis like most people, sharks often choose to hold and inflate to make money.

2. Why is there a pump-and-dump process?

For Sharks, the most important thing is not the price of the coin. It should be remembered that most of the sharks involved in the cryptocurrency market have a significant amount of capital that is significantly higher than the daily trading volume that the market can absorb under normal conditions. Hence, liquidity is the most important thing for sharks. In other words, the shark’s mindset is not to buy low and sell high. The shark’s mindset would be to buy in the highlands and sell to as many people as possible in the highlands. And for liquidity reasons, sharks are forced to create a pump-and-dump process.

There are two main reasons sharks need to have a pump and dump trick. The first reason is due to the small size of the cryptocurrency market and the lack of a legal framework. Hence, sharks are free to use their pump / dump tricks without fear of being touched by regulators like other financial markets. The second reason arises from the fact that altcoins have no intrinsic value. And because altcoins have no intrinsic value, sharks have used psychological tricks to trick investors into buying worthless altcoins.

III. The psychological secret of the “upper swing”.

In order to avoid buying coins upstairs and selling coins downstairs, players need to know the psychological principles of the majority of players in the active crypto community. Why are you buying coins Why are you selling coins? What makes you believe that 1 coin / 1 project has potential?

In fact, most of your thoughts are being manipulated by sharks. As a result of the pump-and-dump process and psychological manipulation, unsettled crypto players often get caught up in the vortex of FOMO.

In order to understand this psychological secret, I would first like to ask you to think about the simple question and answer yourself: Why are you investing in this market?

Ignore statements like “I am a blockchain technologist, do I want to invest in the future or just believe in it”. The reason most people invest in the cryptocurrency market is because of the huge returns from that market, the returns are tens or even hundreds of times that. In all fairness, the cryptocurrency market only gets the most attention and new money when it has grown tremendously. A coin or a project is only considered good if it continuously reaches its peak and vice versa, if a coin continues to decline, it is quickly regarded as worthless “Shitcoin”.

It’s true, altcoins are practically worthless. It only applies due to the greed of the participants.

Sharks take advantage of this to stimulate gamblers’ greed and fear so that they will constantly buy high and sell low.

Since altcoins have no intrinsic value, the shark used a very simple but very effective trick for the players to attribute value to it, namely pump and dump to depress the price.

Shark Hunter Part 1: Psychological Secret Behind the Fish's Pump Trick.

Without such pumping phases, nobody would know who Justin Sun’s face is.

Most of the players I know when they buy TRX for 150 satoshi and think they will invest for the long term, most of them look at the peak of 1000-2000 satoshi and hope to return there one day. The same goes for ETH, NEO, XRP, EOS or any other coin on the market. Just pump it up at an incredible price and the shark has a base of people waiting on the lower levels to buy in hopes that the coin you bought will come back to the old top. Most of the time, this won’t happen, and I think it will be a long time before you see XRP back to the top of $ 3.

When trading coins, most players are blinded by this price factor. Instead of looking at current market conditions, they look for previous price points to find hope and speculation about their value. Most cryptocurrency investors often buy when looking at the “high” area too high and sell when looking at the “valley” area too low. Unfortunately, the sharks do the opposite, sell when the price goes down and buy when the price goes up. If you’ve read this far, don’t be too sad and think that the shark is targeting you alone. Usually they target the crowd and you happen to be one of the people in that crowd.

Shark Hunter Part 1: Psychological Secret Behind the Fish's Pump Trick.

If someone bought AION to expect it to return to the top, it is already 100 times lower than the high. This means that even if you buy AION 10x off the top, you will also split your next account 10x.

So I always tell people that when trading coins, you never look at the old price of the coin in the past, just look at the present. Because once the shark has pumped a coin up, it is very unlikely that it will pump it back up to that mark. Therefore, never buy a coin because you think it is “too cheap”. In the cryptocurrency market, no price point is too high and no price point is too low. Instead, it is better to know the shark’s pump and dump cycle to keep you from swinging and when to give the command to follow the shark.

IV. End

So, in Part 1 of the Shark Hunter series, you learned about the definition of a shark, as well as the psychological secret behind the shark’s pump-and-dump cycle. If you understand this psychological cycle, you may not be rich. But at least you avoid unknowingly losing money and becoming “reluctant owners”. Part 2 of the article will carefully analyze each step sharks use in a “pump-dump” cycle and analyze what the crypto market would be like without sharks.

Mr. Teacher

According to the Cryptohub

Follow the Youtube Channel | Subscribe to telegram channel | Follow the Facebook page

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