Let's start by pointing out, what Ryan says in his advert:
http://i.imgur.com/7Pc5Lai.pngEspecially pay attention to the highlighted areas, stating what membership of Ryan's group includes. I liked what Ryan promised, not only that I would be advised what to do, but that I would be active participant, which would also allow me to learn how successful traders operate. Maybe naive of me, but true. I specifically asked about this in my first PM to Ryan:
http://i.imgur.com/Dbd9BSZ.pngHere is what Ryan replied to me:
http://i.imgur.com/Uoj9GAZ.pngExactly what I wanted to hear.
Daily tips on coins, group meets on IRC to discuss "moves", everything is explained and I will learn something new (educational element). Sounds nice? Well the truth is that
the IRC channel doesn't exist and I never spoke to any other member. As soon as I paid the membership fee, Ryan sent me a message, that the IRC channel is down and that he's working on setting up a new one. As you can see from the PM history posted down below, at first it was supposed to be up the same day, then at the end of the week/weekend. It would probably be pushed again onto the next week which I haven't paid for so I wouldn't see it's all part of the play. I even suggested other form of real-time communication, but without response.
Absence of an IRC channel was a big bummer for me, but at least first pick arrived:
http://i.imgur.com/CKsJslo.pngSeems like Ryan was artificially controlling the market with a couple of other traders and his bots. So that's how it's done? Quite a disappointment. Nevertheless I stuck with the plan and followed Ryan's directions. There were further PM's exchanged about LTCD (check PM history), but the essence was this: Accumulate above 2k, up to 2.5k and be ready for a lift-off. This was the last PM:
http://i.imgur.com/35fG3eg.pngAs you may know, several hours after this message, the price of LTCD plummeted. From 2.2k to 0.8k. By complete luck, I was up early to check my trading position and managed to sell in time, rebuy under 1k and profit from this situation. But had I been following Ryan's advice, I would have been in a great loss. Strangely enough, Ryan posted in this thread about how flawlessly he played this whole event (
https://bitcointalksearch.org/topic/m.8882241),
yet I received none of that information from him. And he had the courage to tell me later in our conversation, that I profited from LTCD sell-off because of his advice.
As a coincidence, the night before, I read this nice thread from louie6925 about trading altcoins (
https://bitcointalksearch.org/topic/must-read-especially-noobs-how-to-make-profit-785977). Later after that LTCD disaster, the second point from louie's post lead me to an idea, that this could all be orchestrated. What if Ryan told members of his group to buy at certain price range, filled his sell orders that way and then caused a dump to rebuy lower? Seemed only slightly probable at the time, but very probable after I realized what's this all about.
Somewhere during our conversation about LTCD, Ryan sent me this message:
http://i.imgur.com/OSLirgu.pngGreat! That's why I signed up and what Ryan advertised in his other thread, I will receive detailed analysis of coins that are going to move. Something similar what Ryan does in this topic, but in advance. Well, sadly for me,
I never received such information. All I got, was promises, that this day he will surely send the write-up about the coins.
http://i.imgur.com/oPWE9rR.pngWhat shocked me though, was that, when I expressed my objections, he told me, how much I could have gained had I traded each coin on my own,
completely disregarding what he wrote several times earlier and what he said in his advert -> every move explained / entry/exit points / members briefed exactly what to do and when / strategy for each coin etc.
That's when I had enough and wanted a refund. Sadly Ryan didn't want to return my coins.
To create a full picture of the whole conversation, here is a complete history of my PM's with Ryan, ordered chronologically and divided into two images due to size.
http://i.imgur.com/F6q8KHB.pnghttp://i.imgur.com/EKcooGe.pngIf necessary, I'm prepared to give access to my account to a reputable Sr.+ member to confirm that indeed all these messages are authentic and I didn't omit any.
I'm not a native English speaker, so I can't explain everything as clearly as I would like to, but hopefully the main message is understandable.
This lesson cost me 0.5 BTC and the time to write down this post. I won't get them back, but the least I can do is to warn other people not to make the same mistake as I did.
Judge for yourself, but my advice is clear:
Stay away from RyanPumper and others alike and certainly don't pay him/them anything.John