Topic: Crypto trading P&D groups (Read 325 times)

Common mistake is that some people are just relying too much just because theyre lazy to learn up things for themselves thats why they do made out this kind of option.
Its not that new that as a noob we do most likely to have this kind of mindset on where we do seek up much simplier ways to be profitable thats why when we do able
to see some people who do made it out then its just normal for us to be amazed and do think that they would able to help our trading career to be more simplier
but sooner or later, you would realize on your self that things will really be ended up to you, all of your actions and result will vary on how you do handle out yourself
towards trading on your own.You can use others idea but doesnt mean that it will also work for you thats why you would need to find out.

The worst part is that some pumps get so big that despite the owners of the pump and dump group selling their coins the price keeps going up and this gives the impression to some people that do not understand how this works that this is a legitimate way to trade as many people still got profits out of this and that they only need to be fast enough, when the truth is that even the organizers of the pump and dump are surprised by this turn of events, but this plays to their advantage as the ones that earned money will vouch for them and will join them the next time they do this guaranteeing another round of profits for them in the future.

I can't blame you for looking some group or community that you think will gonna help you improve your trading. Ive been there, done that. But, I still rely and depend on myself. If you as a newbie wanted to learn, you can follow some of the bitcoin enthusiasts in twitter, joined some tg channels but you should not depend on them and gain more ideas by yourself.

Improvements and success will always be depends on you. How you implicate your learnings and how your mistakes be as your guide to your future success. There's no problem joining to those trading groups but be careful because some are just created the group to pick a victim.

Someone made a good point here, if you check the second comment. Your main focus should be on understanding the basics of everything cryptocurrency before you start talking about cryptocurrency. You should know the difference between a private wallet and an exchange, and where you’re meant to be storing your coins to avoid stories that touch. So start with the basic.

It’s just like when I started, it took me years before I decided to start trading , it wasn’t something I rushed into. Even at this time I am still taking it easy, everything is step by step and you don’t rush it or you will lose. Just take time and learn everything for yourself. Instead of this searching for inner circle that doesn’t exist, you can make use of copy trading to help you earn with time.

Newbie trader should not listen or ask for any signal or trading advice, you should ask on how to trade properly and what ate the things that you need to learn in order for you not to lose money in trading.

I don’t recommend any Pump and Dump group, there are some group that discuss things about trading and its better to join with them. If someone ask you to trade specific token, don’t follow it if you want to save your money from losses. Learn to trade mate, don’t think for an easy money or a real quick rich scheme this is not true.

Much better if we study trading together with peers and personal friend whom you can trust with. Other groups specially online friends that you don't actually meet in person can't be trusted, and worst cases resulted into scammer.
You can rely on the actual graph and not with a person's prediction, because that doesn't provide us accurate data compared with real time market trend. However, if we can handle trading in a smarter way I guess your deepest experience would rather give you the whole knowledge about it.

There are tons of large P&D groups in social media with free entry or for a small fees but I strongly advise staying away from ideas to trade based on the info from these types of groups. These traders buy before you and they dump their heavy bags on the later buyers who heard the news from social media. In short, they sell fake and biased data to you. Some private groups have a better performance compared to the free groups but DYOR has to be done before joining.

If you are new to the world of crypto trading, you should avoid joining the trading P&D group, because if you join I make sure you will
lose all the capital you have. Because such groups will only use you for their own benefit. I said this, because I've experienced it and
I don't want other people to experience the same thing as me. My advice is that you should study first to find out basic knowledge about
trading, instead of practicing right away by joining the P&D group.

these pumpndump groups are like cancer in crypto community! you know why? because they are taking advantage of these unsuspecting users that will follow their signals. thats right! the owners are the only ones making profit out of this.
 i tried joining pnd groups before just to see how they are strategising their announcement to their followers. and came to learn that they will give you the signal a bit late so what will happen is - you are buying the peak (which more then likely are the owners' sell order) and now the price starts to go down and you are in a situation where you are confused - whether to sell off or hodl. this is the reason why some followers ended up hodling worthless coins.
 so to the OP, be wise! better do your own trading and not join these crap pnd groups.

I know that it is attractive to think that you can earn money on the markets by just receiving signals and  avoid doing the hard work of learning by yourself but things do not work like that, if you use a little bit of logic you will see that unless you are friends with a successful trader then most likely you are not going to have any chance of finding someone that will do that for you as knowing when and what to trade is information that is too valuable to give away for free.

The P&D group is only a group of people who want to get rich quick without trying. they are also only used by the owner of the group. Group owners are only concerned with their own profit by first buying the coins to pump. If you still believe in the group then just wait for the losses that will occur. I just remind you, because there have been many victims due to the P&D group. It's better if you are a beginner, learning the basics of trading is more useful, try to trade yourself with various techniques that you can find on YouTube with a small amount of capital to start trading.

Its a must thing and its not really ideal for you to rely upon on these pump and dump groups and from the word itself it is just too risky for someone to join up without prior knowledge.

Its much worth if you do just trade on your own and don't rely into any groups when it comes to your trading activity.There are lots of groups already existed but

majority of them are just created for the sake of ripping off those noobs who do believe about easy pumps or price increase.

@trueherobtc Look, man.. An advice from a humble wolf: Don't take the shortcut to wealth. It is not worth it. You embark into a caroussel that will waste your time and steer your emotions like nothing else. Put in the work - that is my advice for you.

If you want to trade, do it on your own: follow a course, learn the craft, practice and make your own decisions based on your knowledge and experience. The process is more important than the destination. These are not vain words, but learned from my life journey.

There is nothing like an inner trading circle in public domain. There are just rumours and some money looting idiots. What generally happens with P& D group is they will have two groups one for the free public and second for the private public second one obviously being paid. So they build up their free telegram group usually with help of couple of other groups then all they do is first buy the coin themselves then send the coin in the private group which increase the price and then send the same news in public group. This generally gives the private group users 3-4% of return and that too not in every coin many a times you might buy a coin and it's price would never increase. Only person in profit is the one on the top of the chain. So there is nothing like inner circle. If there is you surely won't find about it in a post of Bitcointalk or on Telegram.

Is P and D means something else than what I think it means? I thought it meant pump and dump and if it doesn't mean that there are bunch of groups in telegram and other social media places where people move together and share their ideas. However if it really means pump and dump I would highly suggest that as a newbie you should not be looking at them.

I understand that as a newbie you assumed "there are secret groups that do not take people inside and if you can just get in they all use their money to pump something and fake the market and sell to get rich all together" yet that is not true. What we have in pump and dump groups is "people who start groups, tell everyone to wait, buy a coin themselves a lot, tell everyone to buy the same coin, and when everyone buys the owners get out and others get out after that which causes them to lose money".

If you are expecting that there's a group that will certainly give you a "signal" of when to buy and sell, give yourself a favor of not believing with them.
We have already a community that can exchange thoughts and ideas of the market and it's for free. Those private or VIP trading groups are only making money from someone like you who's thinking that it's worth paying them just to be in.

This is just the facts, those like myself that have fallen victim to this scam can share their experience with you. First they make you feel as if you're winning then you rely totally on them that's when they begin manipulating the calls to only favor themselves. They hire users constantly posting testimony on the group on how their calls has impacted their trading life which are just fake stories.

If you're smart and find yourself in any of this group it's best to exit after immediately or after some while, there are some that just scam any user wanting to upgrade their membership to paid channel and the worst is that you don't learn anything new from this pump and dump groups.

With trading personally, when you make the wrongs calls you learn and better your strategy to avoid repeated incident but that can't be said with signal providers.

Never forget to be careful though, sometimes the calls made by these guys are causing the pump, and when it reach certain ATH some people till take profit which will cause the "dump" to happen. Whether it was intended by these guys or not, it does not really matter. Slowly but surely, people who follow his calls will probably start buying as soon as a new call was dropped without doing proper research.

I've been following a few guys like him who made good calls, and I'm seeing the same thing over and over again. Not their faults since fomo can't be stopped.

It is not trading because people just expect to wait for the pump and dump coming, so they follow the market moves. But for your information, that will need more things before you can follow that P&D group because they can manipulate the price, and they can also move the price instantly. If you don't move fast, I am afraid you will not profit, but you can buy the coin at a high price. I have the experience to follow on that group in the past, but I always have to buy or sell the coin, and once I buy at a very higher price, it makes me hold the coin for some time. I suggest you stay away from that group, and it is better you learn trading from many sources available on the internet. Once you have the skills to trade, you can analyze any coin you want to find which coin can profit.

One must be aware, however, that they do not publish the calls out of pure friendliness but earn a lot of money from them. Before a call the following happens:

• The people behind the group accumulate the coins slowly over weeks. "Slowly" to avoid pushing the price too high in before the call.
• If their accumulation goal is reached, the "secret call" is published to their follower
• Now of course a lot of people jump, hoping for quick profits. The signal giver(s) now immediately sell their coins to their followers and leave those who sell too late with massive losses.

Such "calls" always include coins with very little market cap so that even small amounts of BTC can push the price up.
I don't know the mentioned "Blockchain Whispers", but no matter if its a telegram group with calls, an influencer on youtube or people like McAfee, the process is always the same.

By the way, McAfee was now arrested among other things also for the following reason:

Almost all crypto trading signals are pure scam, if you can find one, it's a close circle and you can't get it.

Then trust no one, you can't really blindly believed on anything or everything people say in crypto, including P&D, they have their own way of making money, and noobs like you are the first one who are going to loss money here if you join this groups.

It's better to start familiarizing cryptocurrency in terms of trading, Joining P&D group will surely make you quit trading using cryptocurrency after getting tricked by their signals. Avoiding it and learning to trade on yourself is better. The volatility of crypto is so high that you might get up caught losing when they dumped.

If you are new to trading, you should follow Blockchain Whispers on their official telegram channel @blockchainwhispersbaby
You will gain lots of free information as well as knowledge about cryptocurrencies and even some free calls (he gave BZRX call when none of us even knew about it and made over 80x with that coin). You may also get offended with his language as he speaks very straightforward, but speaks very meaningful things that help us succeed in trading. And yeah, it's not a P&D group at all.

Don't fall for P&D traps as you'll get hit someday badly when they will just start dumping on you to get their money doubled or even more. Don't let your innocence be cheated.

There are lots of them but i dont really recommend on joining up these groups.You can try though into those links given above and do your own jurisdiction on what are the things that they had suggested
or analyzed.Im not really fan about p&D groups since we know on what are the primary motive on why these groups had been created.If you do like to play with fire then its your choice
but if you do like to play safe or less riskier then you can opt out for another alternative.When it comes to legitness then majority knows that most of them are just trying
to leech out noobs for them to make money and since you are new on crypto trading then better to have some good grasp first of information before proceeding.

After getting a secure wallet, if he do really wants to go into trading, there's no need for him to join these "pumpndump" groups. Better learn your own way, start small and trade only the coins you are more familiar with. Use reputable exchanges like Binance. And then, you can move on to other known exchanges because not all coins can be found in BNB. But for me, don't trust those social media trading groups. They are really just milking those naive users who will follow their signals.

They were incredibly famous few years ago, there was a ton of them everywhere and they found these small tiny coins that could be pumped in small exchanges, things that had like 500 dollars to 1000 dollars volume daily which meant it was basically not moved at all and at the end of the day people were basically all dumping way before they should and that group collapsed after few times it happened.

You can't make people stay for too long, if they see the pump and they can get out at 10% profit they will do that, you can't just say "we will do it at 20%" and wait for them to follow your rules, they will not care about it. So, all these groups died because they were born dead by that logic anyway. We do not have any proper ones left anymore.

As far as I can remember, P&D groups are dead when the bear market happens. People are smart enough to know by then that those groups are just leeching them off. Do you want to do the same thing?

Might as well try to provide liquidity on those DEXes which is guaranteed to give you something in return instead of doing this.

It saddens me to see that people still make these type of topics. Anyway lets dissect the OP's post.

If you are new, why are you going to trading right away? Your first steps should be getting a proper wallet, securing it which is something that newbies shrug off as "nah, I am good" - only when they get hacked by some simple method that they realize their mistake. Once these are done, look in trading.

First thing, bitcoin is a decentralized currency. So there is no such "inner circle" sort of thing. Everyone can pump or dump the market provided they have enough volume at hand to make such a move. Whales do have groups but they are the least things you would be interested in. They use those groups to attract smaller fries and then manipulate them into buying or selling - but remember that the only person who actually makes money through them are the group owners and not the rest.

Newbies never realize this unless it is too late and they lose a lot of money buying at the wrong times or buying shitcoins. For example, they will tell you that this coin is going to go this high, so every brain-washed shill will buy it, while the group owners will sell. Thats how this works.

Some basic rule that you need to follow in order to stay alive in this game - Trust nobody in the internet. Trust only yourself and the ones whom you know in real.

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Also reddit channels are breeding grounds for moth-brained shills. Sorry mk4, not a fan of those groups. Like the "upvotethedaily" stuff on LTCmarkets, thats a moth-brained person for sure.

Some public groups/communities:

1. https://www.reddit.com/r/BitcoinMarkets/
2. https://www.reddit.com/r/CryptoMarkets/
3. https://www.tradingview.com/

Rule of thumb: as much as possible, stay away from private groups because there's a good chance that they're just going to make money off you. Also, definitely stay away from pump & dumps because of previous stated reason.

Hello guys,
I am a bit new to crypto currency in the trading word, i wanted to see if anyone had a trading call inner circle that is legit ? I know there is a few out there but not sure who to trust.


Much appreciation in advance !