Published On: Fri, Feb 9th, 2018

How the Pump & Dumps Are Killing the Cryptocurrency Market

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Cryptocurrencies have two different types of participation: long-term and the short. Without extensive regulation, both forms of participation seem to be valid right now, and because the technology behind cryptocurrency is so volatile, it can be hard to predict which companies will be the winners and losers in developing robust and scalable platforms.
Most people have not fully comprehended the true potential for digital assets and their utility for technology and commerce. Despite being around for nearly a decade, the entire concept behind them is very new, and most cryptocurrencies aside from Bitcoin are only a few years old, like Ethereum or Ripple.
Some people are scared of this new technology, while others are excited and participating early. Those who are participating fall into two distinct categories: long-term, and then the “pump and dump”.
Long-term participants are made up of users who believe in the vision of the digital asset, its utility, and application. When looking at crypto assets to participate in long-term, it is important to do your own due diligence. But, here are a few questions to think over.
Is the crypto company asset based on a good idea? Is it solving a real-world problem or …

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