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Topic: Pump and dumpers. - page 2. (Read 841 times)

hero member
Activity: 1190
Merit: 534
August 22, 2017, 12:42:28 PM
#3
I don't have any good or bad opinion for such groups but I have lost my 100% capital in my initial days just because I used to make trade decisions based on the suggestions of the troll box. Most of the time it caused a huge loss in my trades, almost each and every time I invested randomly and it was bad timing of entry and exit in pump and dump processes.

I won't blame pump & dump schemes or even those troll box users because it was me who blindly took decisions and lost my capital so instead of blaming someone else, we must build awareness about mature trading practices.
sr. member
Activity: 602
Merit: 259
August 22, 2017, 12:23:14 PM
#2
Pump dump groups are responsible for bad reputation of the coin. It's like using the coin with it's true value but leaving it unusable after they have gotten the profits. I'm not the follower of pumpers as they are making my top listed coins weak day by day. There are at least 80% genuine traders in the market who believe in specific coin but when pumpers come and turn the coin upside down they actually break the trust of those traders from investment. This leads to indirect lowered value of that coin and finally dumping of it completely. Sad but true.
full member
Activity: 308
Merit: 102
August 22, 2017, 11:57:31 AM
#1
Hello everybody, im new to this world but all in on it. Basicly watching youtube all day and just loving the concept. Which i was never aware of since i thought Bitcoin was just a virtual coin given out by a company which is why i thought that would never ever come trough. Knowing the technology now (good enough for me, but still not enough though i think ive gotten the right picture on how it kinda works) made me turn around 180.

That being said. Im goodhearted and trusting by nature but i now realised there are people that set up pump and dumps. Just to vent my view on it. When u are involved in such thing know that ur basicly a criminal. And no u dont have to break the law to be one. Sometimes u break the law but still are, at least in my eyes, not a criminal like smoking pot or something like that.

I think crypto is the future. If people stay away from pump and dumps true value coins could be recognised much easier and safer.
If you are believing in crypto u need to stay away from pump and dump. Cause otherwise ur hurting the industry of cryptocurrency and are basicly raping it.
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