Title: Crypto - How to Pump and Dump Coins - Full Tutorial/Guide Post by: Cryptolexion1337 on June 25, 2018, 07:46:02 AM This is a short introduction of how to participate in pumps and dumps. If you stick to the following rules, you will minimize the chance of getting burned and maximize your profits. Nevertheless, you should be aware that participating in pumps and dumps can be very risky. Some people win, some people lose. The owner of each group always wins. They usually buy the coin and place their sell orders a few seconds before the signals goes to everyone else. That means all participants will buy their sell orders right away. If the group is a legit one, the price will still rise, depending on the coin and exchange, usually between 50% to 300%. Which means you can theoretically still make profits if you act clever. Before you participate in any pump and dump you need to check the group you joined whether they are scamming or not. You can use the following checklist:
After you have checked the group and have found a suitable one, you still should not participate right away. First we need to do some observing and detailed checks. Therefore we wait until a group does actually pump a coin and check the following list:
In order to find a suitable group PADL (padl.mine.nu) can help a bit. They usually have the most legit ones. Simple googling will also get you thousands of groups, but be aware that 90%+ of them are scam! (Now you can determine it yourself). So can we finally participate? NO! You need to check the group at least for 3 pumps, without participating or at least with very small amounts. Otherwise you don’t have enough information to determine the quality of the group. After you have done all the checking and found a legit group, it’s time to actually participate. See how it works below:
Record all data of each pump, so you can see the development over time later. A lot of people use third party apps and bots to place the their buy and sell orders. They can give you quite an advantage, as your orders are usually placed quicker. Also they usually have less lags and accurately display the rates. You might consider using one, especially, if you are not the “fastest tool in the shed”. Yet, you have to be very careful again, using these kinds of bots, as most of them are scam! Still, there are quite a few bots out there for different exchanges, which are “probably” legit. The safest way is using an open source software or even writing it yourself. What about the crypto market. Are pumps and dumps actually harming it? YES they do, BUT they don't. People usually seem to confuse things a bit. There is a HUGE difference between whale pumps and dumps (senior groups) and small groups (junior groups). Normal people like us can not participate in the “senior groups” of the whales, unless we have a few millions to spend. So 99% of the groups you will find on the Internet, are junior groups, who actually don’t really do anything. So what's the difference between a senior and junior group? Senior groups:
Junior groups:
But what about the people who lose money during a junior pump? There are 3 possibilities:
A LOT of people confuse these things. In the end a junior pump is like visiting a casino. You might lose, you might win. What you can do is using certain techniques to maximize your chances of winning. You don’t go into a casino, lose your money, and afterwards say: Oh I did not know that I can lose my money...do you? So are junior groups now bad or good or something else? Well...as I have already mentioned, they don’t really do anything to the market. Their volume is by far too small. Because of that, they have to pick shitcoins with a very low volume. It’s more like a tiny gambling game, for people who are broke. I encourage you not to believe me, but rather go and have a look for yourself. Otherwise you can never be truly sure about what's really going on. Title: Re: How to Pump and Dump Coins - Full Tutorial/Guide Post by: dumbhack3r on June 25, 2018, 04:52:00 PM Wow! Thanks!
No Doubt this Guide is Perfect for Any Newbie like me! I always Wondered How that Works! My experience with Pump and Dump is really terrible! Mostly it was my fault, as i choose some Wrong group, Was Slow! As it was my first i didn't put much capital only 0.002! it was a PURE Loss! But from then i never considered joining any PUMP! I Trade from Simple Signals or my desire! I enjoy that! Title: Re: How to Pump and Dump Coins - Full Tutorial/Guide Post by: letMeTrade1337 on July 18, 2018, 10:15:52 PM Place your order as quickly as possible. The longer you need, the riskier it gets. If you came in late, e.g. due to a typo, lags or because your are simply slow, don't buy any more. If the price is already quite high, stay out as well!
Title: Re: How to Pump and Dump Coins - Full Tutorial/Guide Post by: omonuyak on July 19, 2018, 07:50:08 AM I have seriously benefited from this your post because I have been looking for guide on how to participate in pump and dump group on telegram and makes little investments accordingly. One thing that I know is that investments into cryptocurrencies is a very risky venture and it is possible to lose your entire capital.
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