Bitcoin Forum

Alternate cryptocurrencies => Marketplace (Altcoins) => Topic started by: blackmagical on February 28, 2018, 03:27:33 PM



Title: BEWARE of pump and dump sites/groups
Post by: blackmagical on February 28, 2018, 03:27:33 PM
Today, I was invited to one pump and dump site. That site is
Code:
https://pumptoken.org
I have noticed that:
1. They only pump trash/cheap coins/tokens
2. They only entice people to invest in Cryptopia, the exchange that has many complains and alert about scam.
3. They pump themselves, only call hold and never sell.
4. I doubt that they hold and sell themselves, put the price up to cheat most investors.
In conclusion, I strongly recommend that investors not to trust any pump and dump sites/groups.


Title: Re: BEWARE of pump and dump sites/groups
Post by: SalmanMJ9 on February 28, 2018, 05:34:29 PM
Thanks for the tip. I believe all of pump and dump site are sketchy and most likely you'll lost most of your money. It based on scam coins and they pump it with few $$ and who ever wanna catch the ride got dumped on and good luck selling it later.

Better to stay away and focus on solid/ high potential coins even if people think the ROI not as high as they expect from a market.