Topic: Pump and Dumps - page 2. (Read 649 times)
Even if it was a possible way for you to make money, don't get involved in that. It's just completely scummy, trying to trick people into losing all their money. Completely self focused actions.
Also a really good thing to do is to leave seriously low buy offers on coins you want to purchase in case a whale comes and does a major dump which causes a flash crash.A big example of this is when ethereum was $300 it flash crashed to 10 cents very fast on an exchange.
Many paid telegram channels and discord cannels are around you so be careful before you are joining in that with your hard earned money.
If you want to keep it in better place you can make the money you can join at the exchange's official telegram group, there you can get the better choice to invest and rapid update also there.
If you want to keep it in better place you can make the money you can join at the exchange's official telegram group, there you can get the better choice to invest and rapid update also there.
In my opinion, I think that the signal of the cryptocurrency market is prediction and not have any rule. The paid group in Telegram and Discord is useless and not help you to make money so that you should be careful to join and pay for becoming the member. I think you should create a poll in Bitcointalk to ask about the signal and you will receive a lot of good answers.
Don't ever join any of those paid crypto groups, 99 percent chance they are a complete scam. by the time you purchase the coin they tell you to buy they are already dumping on your head. I recommend to just buy and hold btc if you want to be safe.
im new to this and Im wondering about these pump and dump channels on Discord
Is this just a scam or is it possible to take advantage of a pump?
Why are over 100.000 sitting in these channels if this is a scam?
please send meg your experience of this
dont get fooled by those pump and dump groups ,you will only lose your money. I have a bad experience on those kinds of group especially on telegram. I tell you ,you will not get any profit when you join them.Is this just a scam or is it possible to take advantage of a pump?
Why are over 100.000 sitting in these channels if this is a scam?
please send meg your experience of this
This is the best advice on such groups. I have many in my list who have gained nothing but lost money on such groups. Stay away from such groups even if you see one million people there.
All these groups are trying to just cling to you, and then you will sit with coins purchased at a high price. And this is not an option that you sell them later, at least at the price purchased.
Any transaction related to money is a scam or, to put it simply, a pyramid built by banks. It seems to me that there is a future for cryptocurrency and there will be growth, only one cannot predict what and how much.
Pumps and dumps are a scheme and this is known, groups like these are only used to get into a certain token and leave you with it. The real groups where you do this are extremely private and wouldn't become public that easily.
If you want to avoid the damage of those groups trade on a dex like Switchdex.ag where you put the price you want for your tokens and your order can wait out the storm caused for the groups
If you want to avoid the damage of those groups trade on a dex like Switchdex.ag where you put the price you want for your tokens and your order can wait out the storm caused for the groups
100k members ? Woah thats too huge but after i see this numbers i automatically think that the group is fake and the memebers were also fake .
you know its easy to make telegram accounts or shall i say dummy accounts and use it for a shady purpose like selling them and using them on your own channel to attract people and to scam them .
anyways, there are still legit pump and dump groups but they are usually not free . just take a research before joining one .
Im not surprised if the group has 100k members , some.are bots and those existing members can easily add users of telegram as many as they can but it doesnt mean that thier group is legit. you know its easy to make telegram accounts or shall i say dummy accounts and use it for a shady purpose like selling them and using them on your own channel to attract people and to scam them .
anyways, there are still legit pump and dump groups but they are usually not free . just take a research before joining one .
Well, yes, if 100. 000 people are diluted by $ 200 or $ 10,000, the price is not bad for growing) and you calmly sell what you need at a high price. I think this is a scam. Now the groups are swinging bots.
im new to this and Im wondering about these pump and dump channels on Discord
Is this just a scam or is it possible to take advantage of a pump?
Why are over 100.000 sitting in these channels if this is a scam?
please send meg your experience of this
Is this just a scam or is it possible to take advantage of a pump?
Why are over 100.000 sitting in these channels if this is a scam?
please send meg your experience of this
Whether newbie or not, it would be better if you avoid this group group, 90% Pump & Dump was not done by those who want to get profits like this, because in addition to requiring Internet speed and response, in the end it is also inferior to those who use some kind of BOT. Those channel just want your registration money.
100k members ? Woah thats too huge but after i see this numbers i automatically think that the group is fake and the memebers were also fake .
you know its easy to make telegram accounts or shall i say dummy accounts and use it for a shady purpose like selling them and using them on your own channel to attract people and to scam them .
anyways, there are still legit pump and dump groups but they are usually not free . just take a research before joining one .
you know its easy to make telegram accounts or shall i say dummy accounts and use it for a shady purpose like selling them and using them on your own channel to attract people and to scam them .
anyways, there are still legit pump and dump groups but they are usually not free . just take a research before joining one .
I participated in one today. My first ever. It took me 20 seconds to get my order in, and by that time it rose 110% , so I decided to just buy $18 worth. After 10 seconds , I figured it was going to quickly fall , so I sold for a 10% gain. $ 1.85. Sure enough , a minute later it dropped 60%.
I don't think these things are very good for any one except the people that run them. They probably buy their coins days in advance at good prices and already have their sell orders in place before it starts. They really don't have to worry about losing anything. It seems a bit unethical to me. We sell at highly inflated prices knowing it isn't real at the expense of others that end up losing big.
For everyone except the owners, its easy to get hurt in these . I would have lost 50% if I would have held for another 45 seconds.
I don't think these things are very good for any one except the people that run them. They probably buy their coins days in advance at good prices and already have their sell orders in place before it starts. They really don't have to worry about losing anything. It seems a bit unethical to me. We sell at highly inflated prices knowing it isn't real at the expense of others that end up losing big.
For everyone except the owners, its easy to get hurt in these . I would have lost 50% if I would have held for another 45 seconds.
im new to this and Im wondering about these pump and dump channels on Discord
Is this just a scam or is it possible to take advantage of a pump?
Never get fooled of this kind of channels because most of them are scams so best if you don’t believe what they are sayingIs this just a scam or is it possible to take advantage of a pump?
Quote
Why are over 100.000 sitting in these channels if this is a scam?
It’s not about the quantity mate,not because there are many people inside means this is legit,remember scammers are more productive than us just to lure victimsQuote
please send meg your experience of this
Never had a chance to trust them so I can tell any experience but I can vouch for the posts and thread I’ve read here in forum against pump and dumps im new to this and Im wondering about these pump and dump channels on Discord
Is this just a scam or is it possible to take advantage of a pump?
Why are over 100.000 sitting in these channels if this is a scam?
please send meg your experience of this
Is this just a scam or is it possible to take advantage of a pump?
Why are over 100.000 sitting in these channels if this is a scam?
please send meg your experience of this
If you are a total newbie, I advise you not to pay and join any group. There are lots of groups out there giving free signals.
For newbie to participate in a pump and dump group is bound to get rekt as you may be a little slower to buy when everyone is about to sell.
If you want to join such channels, please note that there are some traps available for you.
Those will not be helpful all the time, may be some channels give 60 percentage correct speculation on your picks but never know that such give the random numbers or doing fake bump and dump there on the trading site.
Those will not be helpful all the time, may be some channels give 60 percentage correct speculation on your picks but never know that such give the random numbers or doing fake bump and dump there on the trading site.
I have been in the cryptocurrency market for more than two years and I do not see the benefit in joining pump and dump groups for some reasons.
First, these groups will make hype to a certain token for you to try to invest to it then dump the token without warning. Making you lose your investments.
Second, pump and dump groups are not very healthy in the crypto market as the pump that they bring is not natural to the market. For instance I have seen a token that suddenly peaked at 7000% if its current price to suddenly dump to the current price just hours of its sudden pump. Then that token tried to recover 300% of the current price so that the investors that bought at its peak to recover only to realize that the token cannot recover back its peak price. Imagine that you are one of the traders or investors that bought at the peak of that token and suddenly it dump, all of your investments will be gone.
First, these groups will make hype to a certain token for you to try to invest to it then dump the token without warning. Making you lose your investments.
Second, pump and dump groups are not very healthy in the crypto market as the pump that they bring is not natural to the market. For instance I have seen a token that suddenly peaked at 7000% if its current price to suddenly dump to the current price just hours of its sudden pump. Then that token tried to recover 300% of the current price so that the investors that bought at its peak to recover only to realize that the token cannot recover back its peak price. Imagine that you are one of the traders or investors that bought at the peak of that token and suddenly it dump, all of your investments will be gone.
what is the best pages to follow changes in the market?
Go to https://coinmarketcap.comYou can search everycoin, exchanges ,newly added coins and the top gainers and lossers this day ,
what is the best pages to follow changes in the market?
You don't need someone else to get profit for your investment, just do with yourself and make an analysis based on your ability. Pump and dump group are scams as far as I know, they scams people by telling everyone to buy a large amount while he bought the coin first. So as they get profit with the desired target, they will sell it in large quantities without telling it to others people. For newcomers I only suggested to avoid these groups because it is not good for your investment especially for your money. Find a speculation who made by some people who has a credibility if you got it you can strengthen it with your analisyst.
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