#币圈黑话 Day 20: Pumping the price — pushing it up to make people think it’s about to rise.
In plain English: Pumping means pushing the price higher. The higher it goes, the more people are left holding the bag. It’s easy to pump it up, but hard to keep it there; a pump is often followed by a sell-off.
What the data shows: In today’s new chart, the Swedish prime minister market had a paper spread of 23.7%. The 0.763 reading is compared with a breakeven line of 1.0, and it stayed there for 20/20 rounds — 0.763 is just 0.237 below breakeven. It’s easy to pump it up, but hard to keep it there; across 105 paper trades, there were 0 profitable ones.
What’s the fastest you’ve seen a pump get dumped?
In plain English: Pumping means pushing the price higher. The higher it goes, the more people are left holding the bag. It’s easy to pump it up, but hard to keep it there; a pump is often followed by a sell-off.
What the data shows: In today’s new chart, the Swedish prime minister market had a paper spread of 23.7%. The 0.763 reading is compared with a breakeven line of 1.0, and it stayed there for 20/20 rounds — 0.763 is just 0.237 below breakeven. It’s easy to pump it up, but hard to keep it there; across 105 paper trades, there were 0 profitable ones.
What’s the fastest you’ve seen a pump get dumped?