Pump & Dump groups - page 2. | Bitcointalksearch.org

Johnyz

full member

Activity: 2086

Merit: 193

Quote from: monbux on January 19, 2018, 08:22:56 PM

Quote from: mrelich on January 19, 2018, 06:51:36 PM

Hi all,
Has anybody tried Discord coin pumping groups? Is it profitable? I have looked at the below one- they have more than 10.000 members, so I think they can affect the market quite a lot ?

So look at this one, and let me know your opinions: https://discord.gg/q3N9795

You should also know that it is illegal. My opinion is that you should be a little less greedy.

Be careful on joining those pumps and dumps groups cause they might encourage people to get into it so they can make money when the price soar high and then dump later on. You'd better make your own study about how the market works so you can be sure about earning money. Learn more before you make any decision, don't just focus on making money easily.

kryptqnick

legendary

Activity: 3248

Merit: 1402

Join the world-leading crypto sportsbook NOW!

Quote from: Nerman on January 19, 2018, 09:58:48 PM

Do not join pump and dump group most of them are already invested on the coins before announcing that they will pump it.

It is better to trade by your own. Just study the coins chary and you will surely gain profit without anyones help.

I fully agree with that. If one wants to dump others and earn some profit this way, one will be dumped as well. These group aren't interested in you getting profit. I think it's better to follow the natural flows, you know. Coins fluctuate a lot without these groups and with some practice I am sure you can become a good trader. I also think this topic should be moved to Trading or Altcoin discussion, since it has nothing to do with gambling. I guess no pump and dump casino groups are possible anyway Grin

_nur

sr. member

Activity: 308

Merit: 250

ouch if you lost money

Stedsm

legendary

Activity: 3052

Merit: 1273

Quote from: mrelich on January 19, 2018, 06:51:36 PM

Hi all,
Has anybody tried Discord coin pumping groups? Is it profitable? I have looked at the below one- they have more than 10.000 members, so I think they can affect the market quite a lot ?

So look at this one, and let me know your opinions: https://discord.gg/q3N9795

First and foremost thing here, you should never trust such groups, and I have reasons to say that:
- Such groups consist of a limited number of members only and a large number of members are bots, be it discord or telegram.
- These people will say something like: We have prepared a pump for today and we will announce it at xx time, and when they let you know about it, it's already pre-pumped to such a level where, if you decide to buy and get in, you'll be made a fool of - by them as they will just ruin your capital by dumping on you.
- As a member already said, it is illegal to "pump" a coin because when it crashes, it doesn't just crash in value but everyone's faith also gets tanked with the doom in price.

MinerHQ

legendary

Activity: 1456

Merit: 1023

Quote from: trimulia on January 19, 2018, 11:39:07 PM

I don't think that pump and dump group is profitable,most of them is lossing their money. You can use your logic admin in pump group is already set sell order and he let member buy it,and people losing money. That is my opinion

These kinds of groups target mainly many new crypto investors because they don't understand all these logics until they lose one-time money. Nowadays you can see a lot of signal providing groups in telegram groups does this cross-promotion to increase their members base so that they can grow their follower's list and make easy money for them and some of the paid members in those groups. Don't join any of these pump and dump groups.

Theb

hero member

Activity: 1680

Merit: 655

In my opinion pumping and dumping coins is a bad thing because only one party would get to benefit and take profit of a coin. Pump and dumps are created as if they are making believe that your ICO and project as a whole is one of a kind making other investors be fooled by your hyping. I don't like the idea how one side of the trade will suffer because the other side wants to benefit more. If I were you I would only rely on pure technicals as it is the right way on how to earn in cryptocurrency trading.

laevatein906

newbie

Activity: 213

Merit: 0

Quote from: Nerman on January 19, 2018, 09:58:48 PM

Do not join pump and dump group most of them are already invested on the coins before announcing that they will pump it.

It is better to trade by your own. Just study the coins chary and you will surely gain profit without anyones help.

agree with it,i'm the one victim that because trusting pump and dump group. Never make a mistake like this again

trimulia

full member

Activity: 518

Merit: 101

I don't think that pump and dump group is profitable,most of them is lossing their money. You can use your logic admin in pump group is already set sell order and he let member buy it,and people losing money. That is my opinion

Fractalized

newbie

Activity: 33

Merit: 0

Wow, oh my, this is so wrong Sad

Not only wrong, but also illegal, as was already mentioned.

Greed sometimes...but we are mere mortal beings, aren't we?

I would also assume that the people starting it would already be invested and would have much more margin to play with than you, making it all the more probable for you to get caught on the wrong side of a trade in the end.

Nerman

full member

Activity: 364

Merit: 107

Do not join pump and dump group most of them are already invested on the coins before announcing that they will pump it.

It is better to trade by your own. Just study the coins chary and you will surely gain profit without anyones help.

monbux

legendary

Activity: 1736

Merit: 1029

Quote from: mrelich on January 19, 2018, 06:51:36 PM

Hi all,
Has anybody tried Discord coin pumping groups? Is it profitable? I have looked at the below one- they have more than 10.000 members, so I think they can affect the market quite a lot ?

So look at this one, and let me know your opinions: https://discord.gg/q3N9795

You should also know that it is illegal. My opinion is that you should be a little less greedy.

mrelich

member

Activity: 154

Merit: 24

Hi all,
Has anybody tried Discord coin pumping groups? Is it profitable? I have looked at the below one- they have more than 10.000 members, so I think they can affect the market quite a lot ?

So look at this one, and let me know your opinions: https://discord.gg/q3N9795

Topic: Pump & Dump groups - page 2. (Read 390 times)