Topic: Are you any of pump groups or Channel ? (Read 580 times)

Pump and dumb schemes on traditional financial platforms are illegal, but yet many crypto currencies are unregulated, and dump and pump schemes are operating in gray areas. So honestly, I am not a fan of these trading techniques. And I advise you that there are no shortcuts, and don't believe something too good to be true; that's the lesson. Entering the pump and dumb scene is not trading; it's gambling. But some people think the opposite: if you spot a pump and get dumb very early, you can invest, ride the pump for a couple of profits, and leave before the "developers" sell their shares. So spot it early and avoid financial risks.

Or simply they do really like on having that fast track thing on which they would rather be going in joining with those groups to fasten up the pace on learning trading on which we know that it isnt something recommendable on doing so but if its totally free then it wont really be that a bad consideration.The important thing on here is that you should really be able to learnt up even with those
basic principles of trading on how you would really be able to make trades even with just on your own. Usually these pump and dump groups are really that victimizing those newbies who are really that mostly be greedy on this kind of time on which they are most likely be able to make.

Better to trade on your own manually and never ever make yourself tending to look for these places. Trade on your own and learn on your own.
Viable sources of information could really be found online and its really just that a matter of effort and time you would really be needing to spent
so that you would really be that able to learn on your own which it would really be that helpful on long term.

I believe the OP was one of few investors or trader who is lucky with a pump and dump signal group of course there are other investors with bad experience with the same group but are not here to share their own experience, we just had to be extraordinary careful not to fall for this cheap propaganda or probably the OP is trying to promote the group here of which majority of forum members here wouldn't rely on other trading decision especially from unreliable source, notwithstanding the best bet is to make proper research and decide on the most credible and reliable coin to invest on rather than to join all those pump and dump signal group.

Many people generally join such groups because they don't yet have experience. Although access to information is quite easy today, unfortunately many people don't do any research and unconsciously join such groups or channels. Such people prefer to gain experience by losing money rather than gaining knowledge by reading and since there are always such people the pump channels or groups continue to exist comfortably.

For example, the Ponzi system has been in our lives for centuries and unfortunately many people today lose money by participating in this system. Why? Of course, out of ambition to make easy money. Throughout human history there have always been people who want to get rich the easy way and there will continue to be such people. This is why this system continues to exist although it is quite well known today.

Telegram groups and channels created by several scammers similarly persist. This system is in ruins due to people who want to get rich the easy way and don't do any research on the system they dream of making money from.

I hope you won't be promoting any crypto pump channels after this. Well... I don't have a pump group now, but I once joined one, and it was a bad experience for me. Regret is what keeps me away from free pump groups now, even though some members make quick money from them.

My personal experience with the pump groups I encountered on Telegram was that the pump information always arrived too late, just a few seconds before the pump, which usually lasted less than a minute. This caused panic and FOMO. My bad experience was buying when the price was already high, so there was no way to profit because the pumped coins were usually low volume. I never set high expectations for something I get for free on a Telegram channel. So, I've already prepared myself to assess whether pump groups are worth it for me.

I also came to the conclusion that pump groups are essentially scams. It's true that the prices go up at the specified time, but it's not the signal givers who pump, it's the people who fall for FOMO. I call it stealing money by manipulating emotions and FOMO. I lost interest in them since then.

Because those who believe in signal groups like that must also be aware of the risks they have to take.
Unfortunately, those who mostly join the group are beginners in trading. and what beginners do is just follow the instructions given. different for someone who does have trading experience and skills. they will reanalyze the signals given, and that is what we hope so that groups like that do not make more victims of trading.

whether it's following a signal or doing it yourself. it is better for traders to have skills and experience first. it is important to make them strong in making decisions, not just following them.

sometime trading signal also giving outright half assed information too where it could mislead people, thats why its always better to be able to analyse by ourselves because if there's misleading information by these signal group then we can know beforehand and not fall to be a victim. but i guess many people won't bother with making their own analysis since just relying on trading group if it could give them profit despite just some small amount they are fine with it considering the fact that it doesn't require them to be doing some complex thing that might make them exhausted but the cost is indeed the capital thats at stake here, the signal giver might be giving misleading information for the sake of creating exit liquidity for them.

sometime people won't believe that these pump group might be the reason you went out of business doing your trading before experiencing first hand massive loss caused by following their signals.

That what really creates that kind of question on how the heck they do really consider out on following others recommendation or hints or tips if they could really be able to make their own? There's no point on doing so
considering that each one of us could really make out that kind of analysis on which you would really be able to do such thing without having those help of others. Come to think of that we are all speculators here on this market on where there's no one would really be able to know on what are the things that would gonna happen ahead. There's no way that someone could predict the market and this is something that you should
really be able to bare up into your mind and dont easily get fooled into those kind of claims with those so called experts.

Come in mind that they are really that indeed profitable then they wont really be minding on letting other people be joining up on groups since he could eventually be able to to make money
for himself.So it doesnt really make sense on that part on which there's no point on joining these groups in the first place.

Show the proof, and we will start following you with the paid group. That's how confident we are if someone is gonna make us believe in such a group. Frankly, I have been the victim of such groups already and I have lost enough money on tests and trial periods. Now it's the big lesson for my whole life not to look back and join such shortcut groups. Do you know who is benefiting from such pump groups? Well, the owner and his friends and no one else. They literally tell you to stay tuned until the last 10 minutes of the coin reveal by that time they would start buying those alts for the cheapest rate available. As soon as they reveal the coin name peeps start buying it crazy af and thus the prices start going up. As soon as owners see they are in a profit they will start selling their cheaply bought coins and thus leeching out all the money that was spent by the group members. Lolz. Funny trick, and it works many times since peeps are so ignorant.

Sometimes I really don't understand why there are other people who still believe in such methods of exploiting other beings. And the others are still listening or sending what others say, causing them to fall into their trap.

It's hard to join groups like that whose only intention is to cheat people. That's why this is a reminder and warning to people who don't know the truth so that no one becomes a victim. It's just that it's vague because there are still victims, so I have no interest in such group joining's as you speak of.

By doing this, you are obviously encouraging the community of this forum to also participate in the power pump you are talking about. But I am sure that no one will pay much attention to the fact that you have made this post.

There are many communities or members in this forum who are already aware of such styles of signaling groups. If that is the only question of joining the group, we now have what is called copy trading, probably more. It's better to participate in that than the signals group provider that you're talking about, in my opinion.

Well, we usually realize that we are wrong when bad things happen to us. Of course, these pump groups will certainly make new members believe that they can manipulate the market price in order to get their trust and spread their experience. But all of those things are just a trick and we know that it never stays long.

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We have to remember that the market is unpredictable. We love to see the market pump but in saying that because of these pump groups, that is unlikely possible.

I also don't understand why you keep joining those scam groups as it is easy to predict that they just want to scam you. They can only pump those low market cap coins and I don't see any benefit in it that is only a show-off. Newbies mostly close their ears and common sense when it comes to this kind of thing. They always think that they can gain profit that easily which leads to discovering it for themselves. You won't learn a lesson unless you experience it but at least we warned you.

And how exactly are you going to know when that will happen? Through signals groups? That is nothing but a dream, the people that get the success you are claiming out of those groups are either the organizers of those groups or insiders, while everyone else losses money, after all how do you think those people can multiply their money many times over? They can do that as that is the money of those that were dumb enough to trust in them and follow their signals and they simply run away with it.

But the main question is, how you would really be able to find up or out with this kind of group? We know that there are tons out there could easily make out those claims about pumps and dump groups
but you cant really be able to assure that there's really a whale who do give out such signal about pumping a certain coin. Come in mind that the ones who do get victimized with these things are to those people
who had just recently joined or simply with those noobs that wanders around and trying out to make those easy profits and this is what makes them really that join up with these groups on which they are really that believing that easy money does exist.

It might really that sound so simple on buying low selling high but on the time that you would really be able to realize that its never been that something ideal that you should
easily get hooked with these kind of groups yet as a newbie you would really be acting out as their exit liquidity on the time that you had bought up on the peak.
You would really be ending up on being a holder of those shit tokens.

Trading pump can be very profitable if we know how to get the signal that a particular coin is going to pump. Pumping crypto projects is one of the ways we can earn good profits from the market without much stress of taking analysis from the market. There are people that do make amazing profits from pumped coins reach 10× to 20×. There are whale groupsvwe can join where we can frequently get signals on what coin we need to trade at the moment that would give us huge profits from just a single pump.

Nothing and no one in the world will do the job for you as well as you can do it for yourself, especially if there is money involved because you will work as hard as possible to not lose your money and make more money with it while others might not be that much careful since they are not going to lose anything if you lose your money. So, there is nothing wrong with being part of a group, listening to people, and brainstorming with their ideas, but the final decision should always be your own and shouldn't be influenced by someone else's signals or analysis and stuff.

That's why, I always recommend people, especially newbies, to stay away from such things as much as they can because as a newbie, a person wouldn't be able to understand everything from a different point of view and they will think that whatever is being said is right and they will earn a lot of money by following that.

The advice you say is completely logical and not wrong because basically everyone has to rely on their own knowledge regarding anything, including trading. Pump groups can also play bad intentions and roles when they see that one of the participants has more money in it, so it would be wise for anyone not to rely on other people's thoughts in trading except based on their own thoughts on any coin on any exchange. And the loss that befell your friend can also be a good enough example for everyone to no longer trust any pump group.

First time I am hearing the term Pump group. How exactly does it work? It sounds like it's a big group of people that are trying to push one particular coin higher, but what is the fundamental reasoning behind it? Or is it only to make a quick trading profit in the initial pump? Which would mean that they try to attract more traders to push the price even higher and are willing to take their coins of them when they all sell. I am not so active anymore with trading short term crypto coins as I used to be in the past, which is why I would probably miss out on all the short term pumps. Now I am wondering how reliable is this group, because if some smaller crypto currencies are getting pushed higher where the liquidity is limited then it could be hard for all their traders to get out at once. That could lead to a selling panic where price drop quickly and some of the initial investors end up with a big loss.

It is quite normal to have friends who trade and lose money based on the recommendations in Telegram groups or channels because usually the main purpose of these groups and channels is to defraud unconscious investors. I would like to explain how the system works in some channels or groups by giving a brief example of an event I have witnessed before;

First of all, a cryptocurrency with a very low transaction volume is detected by group or channel admins. Admins then cause the price to move upwards with purchases of just a few hundred dollars making it appear as if the cryptocurrency is gaining value. In the next stage, the name of this cryptocurrency is shared with the members of the paid group and as these people purchase it the price increases further. In this way, admins make a profit with the current position. In the last stage, the name of this cryptocurrency is shared with the members of the free group and when these people purchase it the price reaches its peak. In this way, while the admins maximize the profit margin, the members of the paid group earn profits by buying and selling the specified cryptocurrency but the members in the free group are defrauded because they buy from the peak and the transaction volume of the cryptocurrency is almost zero in normal conditions.

In summary, almost 99.5% of the time, such groups or channels generally defraud people who just want to benefit from it for free. For this reason, I definitely don't belong to such channels or groups and when I see any signals like this I don't take them seriously.