Hey mates!
First of all,
I'm NOT a part of that
Pump&Dump team(fairpumps.net), I just want to share with you my experience and tell you about the risk of the method.
Please, Use It On You Own Risk!
__________________________________________________Exchange:
Bittrex exchangeEvent: public // Classic Proof Of Fair Pump
Date:
Thursday, 25th APR 2017Time:
5pm EDT (10pm BST/London, 11pm CEST/Berlin)
IRC: details about IRC will be released 2h before pump
What is pump and dump?
“Altcoin pump and dump” is the method of market activity our investment group is based on. It attempts to boost the price of a specified altcoin. Profits can be made by selling the coin on this price peak. As soon as the coin of interest is announced, every member of our group buys a certain amount of it as quickly as possible: The price will rise heavily during the pump. As soon as you are satisfied with the coin’s price, you are free to sell of your coins for a higher price than you initially invested.
__________________________________________________
My Experience:The last Pump&Dump event with that group was at 20/04/17, we pumped
GBG coin to
+1000% with
180 BTC volume with a group of at least 450 ppl. That was my first Pump&Dump event ever, so I made only 0.07 BTC from 0.2 (2.7 BTC total). But hey! Thats a nice profit for 20 seconds! Now when I got it, next time will be better and I will try to make at least 800%.
The point is to be fast as beast. As soon as the team released the coin name to the IRC chat, you have to run to
bittrex, find the coin and
BUY IT as fast as you can! Because the price is start skyrocketing right to the moon. Then you have to be in touch with the coin price, because after a few seconds the price will start to fall dramatically so don't loose your chance to
SELL IT as high as you can.
And here comes the ...
RISKEverybody knows that money can't grow on the trees, doesn't come from air and when someone got money, someone have to loose it.
That's why after every Pump&Dump event there wil be a winners and loosers. Someone was faster and got their cut. Someone was slower and all he got is a coin that nobody needs. However, even if you lost the moment, don't hurry to sell it under the price you bought! There is always a chance, maybe you already made the biggest investment of your life!
__________________________________________________* So guys, if you have some BTC to play with, and think you are ready for event like this, dot it!
You will get a lot of fun and maybe you will make a nice profit !
And remember, play only with money you can afford to loose!