Q: What is Alarmcoin?
A: It is a web app that lets you build a wacthlist to track many cryptocurrency markets in real-time and get in-browser/Email/SMS alerts about price movements.
Q: What markets are supported for real-time tracking?
A: The full list of markets and exchanges that can be added to watchlist can be found here.
Q: What crypto assets are eligible for Email/SMS alerts?
A: Every asset that listed on CoinPaprika (https://coinpaprika.com/) is supported.
Q: Why are prices not getting updated in watchlist?
A: Some restrictions are applied to prevent abuse of our streaming engine. Typically, it is the reason for issues with price updates.
You might repeatedly see "Reconnecting to Websocket server..." because you have opened multiply tabs (only two tabs/connections to the websocket server are allowed) or because the server is temporary unavailable. Close all other watchlist tabs and wait for the reconnection.
If you are connected to the websocket server but prices are not getting updated this might happen because you have refreshed the wacthlist page too many times. No need to do something, prices will be updated shortly.
Q: What kind of alerts can be set in watchlist?
A: There are 4 types of alerts:
None. Leave alert value empty for no alert.
Basic. Set alert value to a constant value for basic alert (eg. 0.03 BTC or 30 USD).
Percentage. Variable value also be set in alert value (eg. 10% or 30%).
Time-limited. This type of alert will fire only if condition is met in the desired timespan. For instance, alert "10%|30m" (without quotes) will fire if price goes up by 10% in the next 30 minutes. Trigger value can be constant (eg. 1000 USD or 0.001 BTC) or variable (eg. 5% or 10%); time span can be from one minute (1m) to 24 hours (24h). Expired time-limited alerts are marked with red clock.
Any type of alert can be assigned to both alert up and down.
Q: How to quick-edit an alert in watchlist?
A: Double click the alert value to quick edit it. Click outside the edit form to save changes.
Q: In-browser and Email/SMS alerts - what's the difference?
A: In-browser alerts are the ones that appear on the Watchlist page (in the "Latest Alerts"). These alerts can only be triggered when you have an active browser session (an opened tab). Basically, this feature is for altcoin traders who need to track lots of cryptocurrency markets.
If you want to get notified when Bitcoin/Litecoin/Ethereum or any other known asset price reaches a desired value then you need Email/SMS notifications that can be set up on the Alerts page.
Q: What is P&D, how does it work, and how to profit from it?
A: What is pump and dump (P&D)?
Pump and dump (P&D) is a trading strategy to get profit by buying lots of shares/coins at bottom, inflating price ("pumping") and selling-off at top ("dumping"). Usually it's run by whales/P&D groups who are experienced traders with massive amounts of money.
How does P&D work?
Pump and dump schemes usually have two or three parts. The first is an optional part called accumulating. The second part is boosting price. And the last one is sell-off.
Player accumulates shares of an asset which means buying in small numbers over a long period of time.
Then buys a lot in a short period of time and promotes the asset/coin to make more traders to get it. This part typically last from several minutes to several hours.
At some point (usually when price reaches weekly/monthly highs) player dumps shares into the market.
How to profit from a P&D
There are two ways to get profit from P&D schemes. You can run your own P&D or get involved in one. Running own altcoin pump and dump requires a lot of resources and experience. It's much easier to get involved in one.
To get involved in an altcoin pump and dump and have profit you will need spot it, buy in the accumulation or boosting phase and sell before the dump happens. You can also get profit in the sell-off phase in case short selling is available for the market.
The P&D tool helps to spot pump and dumps. It scans markets and detects spikes of price/volume that is a reliable sign of P&D.