The cryptocurrency market often attracts traders with its volatility. A ten percent price change in a day is no longer surprising. Even a hundred percent increase in the price of some altcoin has become a common occurrence. If a newly minted investor rushes to buy such a rapidly growing asset, hoping to make a few "x's" on it, they may end up losing money, as the price is likely to drop sharply the very next day. With a high degree of probability, the culprit will be pump and dump — a well-known trick set up by professionals to profit from newcomers.