✅✅Beginner's info about PUMP AND DUMP - How to recognize🔴

V-D-S

copper member

Activity: 65

Merit: 3

Pump & Dump is one type of Bitcoin/Cryptocurrency scam. Some fraudulent groups act behind this and make a profit.
Some experts say the sudden fluctuations in the crypto market are due to this. https://www.epixelmlmsoftware.com/blogs/why-is-cryptocurrency-market-price-crashing-down

Know the 7 common types of Bitcoin/cryptocurrency scams.
https://www.epixelmlmsoftware.com/blogs/7-bitcoin-scams-to-be-aware-of

Correction: NOT a crypto scam, a Finance scam.

Mycrypto1222

jr. member

Activity: 275

Merit: 7

Quote from: ?? on ??

Thank you for the article. It's necessary to talk about that and should be doing so often. Pump and Dump is really a decease and so negative for cryptocurrencies...

Quote from: Mycrypto1222 on September 12, 2018, 03:41:18 AM

Hello everyone
We wrote an article for beginners about PUMP AND DUMP | Fraud, Market Manipulation, Action Scheme

Yea, I'm agree with you. That's why we wrote this article.

chocolah29

full member

Activity: 588

Merit: 128

Your article isn't just for a beginner but to everyone that planning to join those signal groups and all important infos are well point out.

Just to add some, signal groups also use telegram channel for their group. Their " mooning " is always scheduled at their comfortable time and 12 hours before the pump they advise their participants what coin they'll pump and what exchange sites to be use. And you're right as they pump those coins that are already shit nor dead.

It's just sad that their victims were left hanging on the top while they're all enjoying the profit.

Mycrypto1222

jr. member

Activity: 275

Merit: 7

Quote from: jseverson on September 15, 2018, 01:55:02 AM

Good article! All of this could be condensed into "don't trust random people on the internet with your money", but people don't seem to want to follow that rule, so I guess all that can really be done is to help them stay informed.

Your steps to recognize pump and dump groups are on point, but I feel like it should be noted that you shouldn't be following investment advice if you can't analyze the situation yourself. Even the "legit" trading groups could be shilling for some altcoins and you'll never know. McAfee himself has said that there are plenty of them (shills lmao) and he's the only one who came out.

Thanks Man, I'm so glad You like it Cheesy

jseverson

hero member

Activity: 1834

Merit: 759

Good article! All of this could be condensed into "don't trust random people on the internet with your money", but people don't seem to want to follow that rule, so I guess all that can really be done is to help them stay informed.

Your steps to recognize pump and dump groups are on point, but I feel like it should be noted that you shouldn't be following investment advice if you can't analyze the situation yourself. Even the "legit" trading groups could be shilling for some altcoins and you'll never know. McAfee himself has said that there are plenty of them (shills lmao) and he's the only one who came out.

Obiwankenodium

copper member

Activity: 322

Merit: 15

Quote from: Mycrypto1222 on September 14, 2018, 08:37:49 AM

No, it's not only advertise! If you are beginner it's better for all of you, to know that, what is PnD

point is its better to post the article here with your information instead of just a link to your website. Dont think i am the only one not feeling the need to click on your link.

Mycrypto1222

jr. member

Activity: 275

Merit: 7

No, it's not only advertise! If you are beginner it's better for all of you, to know that, what is PnD

BQ

member

Activity: 616

Merit: 53

CoinMetro - the future of exchanges

Your post is only a link to advertise your website, how about writing an actual post here instead so it's easier to discuss?
I don't know if it's allowed or not to do it this way you are doing it, but I don't get the point of it beyond solely wanting free clicks!

Velkro

legendary

Activity: 2296

Merit: 1014

Quote from: ?? on ??

play safe in this cryptospace is to avoid Pump and Dump groups. They are all scam.

Yeah that is really important to understand. When you want to play others, often turns out you are beign played.
Most groups want followers as many as possible to play against them, because they follow specific direction so you know you can do opposite and earn.

Be careful out there.

Ardavan2150

member

Activity: 98

Merit: 12

Thank you for sharing. I reviewed your other posts and appreciate your help. I joined the crypto market a while ago, but I am still learning. Thank you for sharing.
On one of the other articles you talked about the arbitrage. I however think that playing with arbitrage can be very dangerous. I tried a few times and more often than not, it did not amount to anything good. Just a thought.

Mycrypto1222

jr. member

Activity: 275

Merit: 7

Jesus... Have you read this article at all? It's WARNING and GUIDE HOW TO AVOID THIS (pump and dump)

Next time before you will answer to any posts, read carefully what is it about!

mistersehmuz

member

Activity: 294

Merit: 27

Actually no need to read anything about pump and dump. It is unethical and risky action for beginners. Just avoid it and do not participate such groups if you do not want to loose your money and moral values.

Ps: I do not blame anyone here for advertising PnD groups.

Mycrypto1222

jr. member

Activity: 275

Merit: 7

OMG... It's not a Guide Roll Eyes

it's INFO FOR BEGINNER'S . Get it?

Mycrypto1222

jr. member

Activity: 275

Merit: 7

Hello everyone
We wrote an article for beginners about PUMP AND DUMP | Fraud, Market Manipulation, Action Scheme

Topic: ✅✅Beginner's info about PUMP AND DUMP - How to recognize🔴 (Read 383 times)