Topic: How does Pump Signals work? (Read 165 times)

@dothebeats Thank you for sharing your story. But keep in mind that this is not what happens in most of the cases - where everyone/a big part of the group also earns money.

I have seen a few stories where the owner of the group and a few of his friends would buy everything 15 seconds before releasing which coin is pumping. The price would go up due to the owner and his friends, while the rest of the group would end up buying at the top - making the price to go even further beyond - while the owner dumps everything. The final result is: the owner and his friends get rich, while 98% of the group loses money. In both cases, you shouldn't try to be part of a pump group.

As a former member of a pump and dump group, this is what really happens:

First, the owners and the head echelons of the pump and dump group would spot a certain coin that has some fair volume with low fluctuations. They'd accumulate these coins until they have a sizable bag.

Next, they will inform the members of the group to buy but don't disturb the waters since that will give the hint that something's up. Once everyone already have their share, they will shill the coin on twitter or telegram, and that is what would now be the "signal" everybody is referring to.

The group would then fake volumes, buying and selling to themselves until they create some artificial interaction which caused the price to rise. The baited people outside the group would buy thinking that this is a quick buck without them knowing that everybody in the group are just waiting to dump on their faces.

The FOMO would kick in while the group are slowly exiting the show. Afterwards, a single sell order would crash the market heavily which ended the run. Everyone in the group would be in profit while the owners have gained more than that since these unknowing members paid for their membership plus the profit they took on the pump.

It really isn't advisable to listen to such or attempt to join these groups. The owners would prolly just dump on you before you can visualize what's happening.

Hello,
I recently did my own research about pump and dump strategy and now I am ready to make some profits.
Hope it was helpful to you.
Best of luck!

you warned by forum people. But there will certainly be someones who think that they are smarter. They can not mistake, and they will be faster than stinging mohammad ali even after reading all this warnings. Ok, try and see your melting deposits

The best possible way to earn on pumps is to build your own chat or group and publish regularly information about pumps and provide reports. Most of the pumpers are following other pumpers' chats a and groups – then building up a long snake of buy/sell transactions, they may have a real profits, all other participants will lose though.

I participated in a several pumps and never had a luck to earn anything. But I had lost nothing as well, since all losses were sustained by later profits.

How does pump signals work? Answer : it doesn't!

You can make some money in pump groups if you follow these rules :

1) Don't be naive (you won't become rich in a few seconds)

2) Don't be greedy (if you bought in the pump, sell quickly and don't wait for the price to moon and then crash) You can make about 20%-30%, but it is risky

3) Don't use all of your money on the pump group. You will be sorry.

4) The big groups are only there to take your money, the smaller groups pumps a little bit slower and you get enough chance to get out.

5) Lastly, IF you can get an earlier signal, without paying a ridiculous amount of money to get in the VIP club or "inner circle", you have a much better chance to make some profit.

I found this group that has early signal access for free :

https://t.me/EarlyBirdCryptoTraders

It worked for me a few times.

Nooo. As much as possible bypass these channels in telegrams. This all "scaM" they want to cash in on you "hamsters"
There is no easy earning of 100-200% in a few hours! forget about your thoughts to get rich in a second.
On this I can earn only the owners of these channels of telegrams.

You could profit from it, yes. But I'd rather advise you to learn about crypto and then you might also go and hunt P&D coins. It's far more likely that you'd make money this way rather than joining a P&D group. Maybe you make a little bit of money once, maybe twice, but ultimately you'll lose. If you instead learn about the market and invest not because some group says you should but because it makes sense to you, you'll have a decent chance to make profit.

These all are scam. These are group of ppl who are fooling new comers tby giving them signals. Few member in that group will tell you that XYZ coin with reach to A then B and then C value.

They will start pumping a fud coin and when you will put your money they will withdraw. so ultimately you will be in loss.  Never join any such group.

The short answer is that you could, but you could also just as easily lose money. You should just stay away. A member has posted his experience about them here:

https://bitcointalksearch.org/topic/psa-pump-and-dump-aka-the-newbie-trap-2876163

It's pretty in-depth and I would recommend reading everything so you know how it works.

Feel sorry for those new traders that are putting too much attention to pump and dump signals. Like what Tryninja said, they will be ending up getting rekt with their money which came in while the organizers/leaders of that group will just sitting pretty while taking the new money which recently came in.

You only get the signal when the group who organized the pump already has his pockets full of coins. And do you know what happens when you and the other sheeps are buying? Whoever organized the pump is dumping and profting fom your money. They will end up with a lot of BTC, and you will end up with a lot of shitcoins. TLDR: Don't play with those pump signals/groups. Please...

Buying at the same time basically defines what happens at the signal groups. And that's where the strength lies. Once that call is made and these members start buying, the ignorant and unsuspecting public will mistake it for a genuine price rise and FOMO sets in. Of course, we know people like to wait until price begins to rise, so the maddening rush begins and price begins to soar for the crypto in question.

How can you say that their pumping signals worked well? Did you joined them? if so then why are you asking on how does pump signals work?

Buying at the same time.

I never tried to join any signal but it's risky for someone that is asking this.

I just seen few pumping groups in telegram. And,the main thing is that Their Pumping signals worked well. How can they pump manually? Basically they have chosen Cryptopia, Binance  For signals. Can I make profits from their signals?

Thank You