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Topic: How to make big profits from exchanging bitcoin to altcoins - page 3. (Read 1561 times)

legendary
Activity: 1512
Merit: 1010
ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
Looking at the profile of the OP, he/she didnt come back to the forum or did anything other than marketing a discord channel. It might be his/her channel to get more members for future pumps.
Never trust these groups or telegram channels, they just try to manipulate the alt market and get their money doubled.
legendary
Activity: 1638
Merit: 1033
This way may be not work for long but yes we can earn from exchanging Bitcoin to altcoins.There is a term called ARBITRAGE TRADING you buy a Bitcoin from one platform withe cheap and exchange the coin to another platform where it trading high pair.

The Arbitrage trading also need enough knowledge to know about the trade fees and the transfer fees so before doing this must analyze that are you earning more than you you invest after the deduction of fees.

Tiring trading like that, where we have to jump around on every exchange platform, moreover it requires a fairly fast time because of the movement of the high-volatile crypto market. If I become an @OP it is better to focus on trading on one platform while understanding and learning charts.
sr. member
Activity: 1176
Merit: 286
pump group is not good because it is like ponzi work because the owner of signal want to make some profit from their client. these groupe of signal pridiction not legit and it can make you at lose if you belrive them
full member
Activity: 812
Merit: 104
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You cannot make a profit by buying or selling the only visualization you are skilled at it But if you can do all the things efficiently, you will gain a heap of more than you can possibly get. notwithstanding to begin with, without any prior experience to me it seems nothing but stupid. It is good if you use your skills and try to know.
hero member
Activity: 2016
Merit: 540
Leading Crypto Sports Betting & Casino Platform
It's just another group of scamming people with alt pumps. The only one that has this group's benefit is the one that gives signals. I assume that such a group has another premium category, the people who have already purchased the alts in advance, and then share it with the public group to raise the price. You're good if you've followed their signs and not purchased at the peak, but what if you're the poor souls purchasing at the peak and then the members dump the price as they've reached their goal. Unfortunately it's not a good way to make money.
This is a good method of trading. Actually it is to be learnt with time. Group trading is only beneficial when you have skills to analyze the moves of your fellow partners or in other words keeping a track of their buying and selling. This helps you to find out exact time for exchanging your coins and to hold them within your wallets.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Trusting bump and dump groups is not the best way to make profits from trading,you might lose your total profits even the capital in a single trade because you are going to invest on a shittiest coins which has less trading volume.Better try to make more trades with less margin and make total profits into more.
Those groups deceive newbies by playing with their minds and only talking about all the profits they are going to make if they decide to follow their advice and invest in the coins the group wants, but they never talk about the risks, to begin with those groups invest in coins with almost no market volume and one of the worst things that can happen to you is to be left holding coins that have no volume, because it becomes impossible to get rid of them for any decent price as you can crash the price of the coins with just a few hundreds dollars.
sr. member
Activity: 771
Merit: 258
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Thks is the classic description of a pump group and I would advice every newbie who reads this not to fall victim of this, it is the best way to lose your funds, don't be fooled by what you see, the more you look, the less you actually see until you fall victim of it. If you just go a simple research, you would see so many people who has invested in such schemes that are regretting it now, Cryptocurrency trading is a very volatile investment and doesn't always go as planned even when it's being manipulated.
sr. member
Activity: 2534
Merit: 332
Vave.com - Crypto Casino
Groups of pumps and dumps should be caught as this is a serious problem in the cryptocurrency. You don't take advantage of pure market movements, but you manipulate a whole market to your own will and bait people to join you in the rise. I wouldn't call it clever or creative, but rather illegal, depending on where you are. That's why I have never participated in those. It's pretty much stealing.
Even those are illegal, there will be always new group pooped up everyday to make people believe and then join them. They will use any method to attract many people to join and then manipulate price to make other people think that's maybe a good signal to trade.

Since there's no legal consequence at the moment for those kinds of hype and scams, then we should be vigilant always as no one can help us really in this industry but our own self, so be careful every time transacting in people and in investing, learn not to trust at all, always give a benefit of doubt, and if you are doubting means something is wrong, follow your mind to always seek the truth.  
Joining with those groups is a total BS because the main goal of that group is to collect more victim to make some money out from them. Some say it will be beneficial for a short amount of time but aren't you wasting enough time to know if they aren't giving you a shit?
Learn to trade on your own and do your own research. Stop expecting some real people or professionals to help you because they are too busy to make some profit on their own.
sr. member
Activity: 840
Merit: 255
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This way may be not work for long but yes we can earn from exchanging Bitcoin to altcoins.There is a term called ARBITRAGE TRADING you buy a Bitcoin from one platform withe cheap and exchange the coin to another platform where it trading high pair.

The Arbitrage trading also need enough knowledge to know about the trade fees and the transfer fees so before doing this must analyze that are you earning more than you you invest after the deduction of fees.
sr. member
Activity: 770
Merit: 253
Groups of pumps and dumps should be caught as this is a serious problem in the cryptocurrency. You don't take advantage of pure market movements, but you manipulate a whole market to your own will and bait people to join you in the rise. I wouldn't call it clever or creative, but rather illegal, depending on where you are. That's why I have never participated in those. It's pretty much stealing.
Even those are illegal, there will be always new group pooped up everyday to make people believe and then join them. They will use any method to attract many people to join and then manipulate price to make other people think that's maybe a good signal to trade.

Since there's no legal consequence at the moment for those kinds of hype and scams, then we should be vigilant always as no one can help us really in this industry but our own self, so be careful every time transacting in people and in investing, learn not to trust at all, always give a benefit of doubt, and if you are doubting means something is wrong, follow your mind to always seek the truth. 
legendary
Activity: 2366
Merit: 1130
Groups of pumps and dumps should be caught as this is a serious problem in the cryptocurrency. You don't take advantage of pure market movements, but you manipulate a whole market to your own will and bait people to join you in the rise. I wouldn't call it clever or creative, but rather illegal, depending on where you are. That's why I have never participated in those. It's pretty much stealing.
Even those are illegal, there will be always new group pooped up everyday to make people believe and then join them. They will use any method to attract many people to join and then manipulate price to make other people think that's maybe a good signal to trade.
legendary
Activity: 2548
Merit: 1873
Leading Crypto Sports Betting & Casino Platform
~snip~

Personally and without offending, I think that pump and dump is not really trade, I see it as gambling ... The smart strategy of some crypto investors is simple:

1.- If bitcoin is confirmed in Bullish Trend, it is best to wait for its correction to buy Altcoins, the reason is, as long as Bitcoin continues to climb the Altcoins will come up with Bitcoin because the Altcoins have no life of their own.

2.- If Bitcoin falls in price, Short with the Altcoins (Always wins) because the Altcoins bleed quickly.

3.- With the profits that result from Altcoins, Bitcoin is bought and a greater refuge and more satoshis is obtained.

This from the point of view of market speculation, now if you are an Investor, the best is Hodl with Bitcoin, compared to the stock market, Bitcoin turns out to always be the best action that will never give losses, what is due is to have patience to wait for the new ATH.
hero member
Activity: 2814
Merit: 518
It often to see this kind of group trying to fool noobs and be their prey.
I was a victim of this thing before and the time I realize that I've been played by, I could say this is the last time...won't happen again.

I hope noobs could realize that this game won't end up profitable to their part but a losing ends. As most of us here say, no easy money here, it only comes to us when we work hard. Nothing could help us in order to become profitable, not this pump and dump signal groups but just ourselves. That is why think first wisely or this group will fooled you.

legendary
Activity: 1834
Merit: 1036
Another pump and dump group. You guys are no different from the other groups who shows good samples in the beginning but right after you start charging your members its only the owners who gets rich and not the members. This kind of groups are not good for the coins development as well.
hero member
Activity: 1232
Merit: 669
The worst thing is not that it is a pump and dump group but the system of referrals is quite similar to a ponzi scheme.
Referrals are working perfect with some investments, same time ponzi schemes too trap people very easy through referrals. Whenever we go through an referral link it is a must to analyze and move forward. These days even hacks and security breaches were done through referrals.

In fact, there would be no problem in referring someone because there is something called affiliate marketing. But being a pump and dump group, there's no question that it's a Ponzi scheme
jr. member
Activity: 175
Merit: 1
Most of altcoins are not worth investing this times to be honest. Better just buy and hold btc, this is what could be the most profitable in my opinion. But if you want to trade altcoins, you can visit CoinDeal. As I see there is a huge variety of altcoins. I buy btc there. Fees are okay, deposits in some currencies are free of charge.
legendary
Activity: 3206
Merit: 1213
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The worst thing is not that it is a pump and dump group but the system of referrals is quite similar to a ponzi scheme.
Referrals are working perfect with some investments, same time ponzi schemes too trap people very easy through referrals. Whenever we go through an referral link it is a must to analyze and move forward. These days even hacks and security breaches were done through referrals.
hero member
Activity: 1022
Merit: 521
So, you are a member of a pump and dump group who manipulating the price of altcoins and then shill your group here to attract members to join you and at the end the only one gaining here is you and not the members.

This is actually an old strategy, I mean traders tend to know how to trade and earn profits by exchanging btc to altcoins and vice versa. And this kind of schemes eventually been known by many thus they are already avoiding this kind of act  as it was just profitable at first then will convince you to upgrade your membership and at thr end, will give you wrong signal and infos.
These kind of groups will target low market cap coins so they can manipulate the prices but it involves lot of money and chances of making profit is also unclear so I won't suggest any groups which are dumping and bumping even if it gives legitimate signals.
We can't trust with group like this because they always recommendation for other buying coin but he self is selling coin but when he sell some coin on exchange market he ask at the group for member to buy, I have found with many channel discussion group always give information when coin have higher price to buy and selling after coin have down.

This is somewhat unreliable group who tried to boost the advertised coin in a private chats or groups. As per reading the idea about it, I am not having good thoughts over it due to under clarification of things going on. Unfortunately, selling bitcoin for an alt was not profitable by now, so always choose bitcoin while you're not yet established.
Actually these groups first invest in a coin and then they want someone to buy their sell orders for that they collect a group and give them the signal to buy that particular coin and so their coin is sold according to their preferred price giving them a profit and then no one knows that when will be the coin rise again.
Right now there is a condition that all coins are set to a lower value so no matter which coin we collect they will get a value in the future.
hero member
Activity: 1232
Merit: 669
The worst thing is not that it is a pump and dump group but the system of referrals is quite similar to a ponzi scheme.
legendary
Activity: 2100
Merit: 1058
As long as people are blinded by the possibility of making so much money that they may not have to work ever again in their life, you will not be able to reason with them using logic. They will just live in their pink bubble for a while and as soon as they end up with being scammed out of their money and see personally that their system doesn't work they will just come back to real life and become one of us who warn people against it and see other people not listening to their warnings and realize how they were back in the day.

Or the other possibility is they pose as a person who is "in" a telegram group that does pump and dump whereas they are the actual owners of the group that steal others money, which could be the main reason why they are marketing it here.
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