Bitcoin Forum

I stumbled upon this Pump group. Seems Legit and has great reputation.
What are your thoughts?

https://t.me/joinchat/AAAAAEtKUe6oej1_qut--w

There's no such thing as a "good" pump group. It's only good if you're actually the owner and the one making calls/signals. Before the owners/admins pump a coin, it's almost guaranteed that they've stocked up beforehand, so they can sell on the way up.

But my friends have made a lot of money in this group.

Pump groups in general are just a bad idea, only the owners of that group makes profits. You will just be a puppet, that brings in the money while they cash out, the result for you is loss.

Pump groups are good if they are able to pump 20% coins from your wallet.

If less they suck.

It's really hard to tell between a legitimate group and a scam. We can only call them scam if they have been really doing that and many of those who have been scammed reported it. But as far as there are ni traces yet we cannot conclude at once. If their company fails and were unable to return investments doesn't mean they are scam. Its just they failed yet to many of their clients they can be called a scam.

I think pumping this group as in general only contains bad ideas, because only the owner of the pump group that can generate profits. All you have to do is become the puppet owner of the group who will bring their money when the owner comes out negative and the result for you is just a big loss.

which means many others have been scammed out of a lot of money from this group

Yes, this is good group for sharing and get sny information...

Thank You.

So, you pretty much questioned my and a few other people's negative stance on pump groups; pointing out good reasons on why pump groups are crap, and there's this one guy that says "this group is good", and you thank him? 😂 Then go ahead and join the group dude. Sometimes people need to learn the hard way.

No i don't think it's a good group at all. Good groups will have proofs for it and i don't think this one has.

I guess its his group (or friend of the group owners). Just a poor attempt to get people convinced to join his group and take part in his shady abusive games.

General Information: Pump groups will only make one guy rich, the admin. Coins get pre-pumped and dumped while members are trying to take part in the pump game. 99% lose - 1% wins.
Don't take part in them if you don't want to lose most of your BTC's!

Those comments above are true, the real one who benefited by that pump groups are those people behind the group, they are a group of thieves that feed from your wallet and making money out of gullible people. Yes, sometimes they make a right guess on which coin will rise in terms of price but still, they're making money from the gullibles.

I agree, if you are the owner of this group or you know its owner, then you can assume that it is good group  :) (for you) but otherwise, it is just like any other pump dump groups.

thanks for your opinion

It's a great group

Lol. The already answered your own questions. Its a Pump-And-Dump group and I'm sure that their main goal is to pump some coins and then exit early while others will lose. So that's very fraudulent to me so I don't think you can call them trusted or legit.

And I also believed that there's no such thing as a legit and great reputation P&D group out there. They are all for a quick money and newbies joining will be eaten alive by more experience and premium members.

Lol Newbie it wont be a good group for you from my point of view. Because the owners can only make profits in this group where as we will be still waiting for the signals to receive and we will get into dump.

I disagree. 80% of members make money in legit PnD groups.

This is actually a good topic to discuss. I believe that bitcoin has made so much impact in the lives of many.It gives so much advantage,though it is also unbelievable that this has not been known to many yet, it may sound strange to them or others might be hesitant to join and invest in bitcoin,maybe because they are afraid to take the risk or are not really aware on how does it work,its functionalities,features and more or they are not simply interested.Willingness plays a vital role in this campaign.I believe that bitcoin is a good group and will always be.Only us can make it flourish,sales may rise and fall,it may fluctuate but the crypto stays and continues and whoever willing to stay despite the fluctuation will be blessed.

I totally agree

If their prediction is right than everyone will go after them so it's impossible ,right ?



But what if they are whale trader than gather together in same group and they able to manipulate 1% bitcoin global market value ?
Although it's difficult to happen but it still can happen !

What do you mean?

Even I wanna know

Investing in bitcoin and then taking part in pumps is a good strategy to increase your stack

Isnt the US SeC hunting down pump groups already? Wouldnt want to get in touch with those guys ...

Oh my gosh, of course you are a Newbie. Stay away from groups like these! If you want to make money learn TA by yourself, do not follow their signals!

I am not a newbie. I am in crypto scene since December 2017

whoever can tell if pump group is legitimate or not, some have made money through it.

I absolutely agree with you

do you still hold your bitcoins from 2011?

Most of the telegram groups will welcome you warmly but they are only going to give you an idea on what to invest. And of course it is their own preferred coin so that its price will pump and those who are watching out the price, mostly are the creators of those groups will definitely sell when they have enough. There's no existing good group unless its helping the community, like a Q&A group about crypto for newbies and not a pump and dump group.

Some groups are actually good, I have rally taken the advantage of such groups but some are just for scam so you should be careful when you try to involve in a group.

Pump and dump groups are scams, legit or not. Profits are made ober the heads of newbies, who are asked to pump. The organizers of these groups will dump before the newbies even realize what's happening, leaving them behind as the losers. So, be careful and don't get fooled.

Exactly this!

For those who don't know. the link is this

https://t.me/joinchat/AAAAAEtKUe6oej1_qut--w

Thanks

You are welcome.

lets start with one point-all pump and dump groups are basically shady,thieving instruments designed to
make one (or a group of the fastest guys) guy make money,as per some weird coincedence it is the admin of the group
the rest will always lose money,the laws of physics work in trading too-you can't get something without someone somewhere losing
so in this case the ones who are losing -the members of the group,again bar the shrewdest and the fastest ones
I don't even want to talk about the damage they do to the coins
some of which would never recover from the dump

I have read that pumps actually give life to dead coins.

Go and get biggest airdrop 450 000 MTC at https://marineco.in/. Hurry up

This thread is not about airdrops

There may be cases like that but it's up to the investors that pumps and dumps after which it recovers but not that fast of course. If you are not in a hurry or others are not too then you may fit in. That is really testing someone's patience to earn. As for me, no matter what I am into this group and I feel good because everyday is a new lesson for me about bitcoin and I need to polish my ideas because I hope for a good future someday. 

agree with you

It really is a great group

you have to at least check it out

In my opinion, pump group which has ben widely circulated will not have 100% percentage to make price go up. That's just an analyze and admin will buy the coin first after that they share their analyze to make the member buy that's coin too, from this admin can get profit because the coin price will be go up after member buy the coin, and they will sell the coin and get the profit, almost 100% admin of an group never cut loss when sell coin.

Each person on that group has their own intentions. I am pretty sure that they will throw FUD and hypes without any evidence. It is okay to join that group but do not get any tips from them without actually checking it.

The group can act as a guidance and you can cross check the info with your own research.

I think you should join that group first, and keep tracking for every decision of the owner in that group.
If they're more than 70% is good, it's a good group for you, you have to do it all for yourself because i think noone gonna help you with that.
Spotting good information source isn't an easy job.

i think you are promoting this group here so wait admin will remove you soon.do not spam pump dump group.