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Topic: Be careful with the pump channel !!! - page 3. (Read 464 times)

Red-Apple
hero member
Activity: 1470
Merit: 655
Re: Be careful with the pump channel !!!
February 22, 2018, 07:35:22 AM
#2
the worst form of a pump group are those that are not honestly calling themselves a "pump group". instead they hide behind words such as "trading signals" and pretend they are not a scam group of people trying to earn money from gullibility of newbies!

and the way they operate depends on the experience of the pumper. some of them are even worse newbies themselves! they panic sell too soon and ruin the pump or go against the market quite often and lose money Cheesy
and there is always a bigger pumper whale who will eat them alive at some point.
zarados
full member
Activity: 364
Merit: 130
Re: Be careful with the pump channel !!!
February 22, 2018, 07:17:37 AM
#1
Some of you may have noticed this, That there are certain individuals who deliberately create a kind of pump channel in Telegram, Whatsapp etc. which aims to help people earn profit but the reality is very different.

I have tried to follow the pump channel and want to see what the channel activity looks like. Before the pump to a certain coin, will appear such a channel announcement, the time of pump, type of pump, target pump and coin to be in the pump is still a secret. It aims for channel members to prepare some money to buy. After the coin announced, the pump drama also starts with a target percentage.

the buying wall is starting to look, and the channel members are busy putting up buy orders on top of the created wall and when the target is reached, the buying wall is released and changes to the selling process which causes the price to come back down.

The question is:
- does this channel only use members to help pump prices?
- If they target a 15% increase, would they sell it when the target is reached?
- Is there any guarantee that they do not make a purchase of the coins to be collected first before announcing it.
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