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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: ninjake999 on November 26, 2020, 11:49:21 PM



Title: Altcoin pump and dumps !
Post by: ninjake999 on November 26, 2020, 11:49:21 PM
Hey guys,
I am wondering what you think of altcoin pump and dump groups ?
They are basically a large group of people on discord like this one : https://discord.gg/ugkkmfEQKU
And they basically decide on an altcoin to pump and they all buy at the same time and then sell for double and make profits...
I watched a whole pump and people were making a lot of money lol what's the catch ?
thx


Title: Re: Altcoin pump and dumps !
Post by: 24Kt on November 26, 2020, 11:51:34 PM
Don't fall from these kind of pnd groups. You will just lose money instead of earning profit. They are the only ones benefiting from this scheme. Your choice?
You can try if you want. Or are you part owner of this group as first post and you are mentioning the discord channel of this group???


Title: Re: Altcoin pump and dumps !
Post by: ninjake999 on November 27, 2020, 12:01:24 AM
im not an owner at all but It just seemed to work lol
the group has like 120.000 members which is a lot and when most of them buy the same thing it seems to work out lol


Title: Re: Altcoin pump and dumps !
Post by: Teraboy on November 27, 2020, 12:07:49 AM
Hey guys,
I am wondering what you think of altcoin pump and dump groups ?
They are basically a large group of people on discord like this one : https://discord.gg/ugkkmfEQKU
And they basically decide on an altcoin to pump and they all buy at the same time and then sell for double and make profits...
I watched a whole pump and people were making a lot of money lol what's the catch ?
thx
That's a scam. Can you guarantee the late pumpers will also be profitable? the majority of early pumpers will become the party who can take the advantage from the late pumpers.
You should not fall to this scam scheme. The creator of such group will be always getting profit from his members.
Imagine when you are as an owner of such group and you were pumping A coin and then you told your members to pump it after you and you can go out from there.


Title: Re: Altcoin pump and dumps !
Post by: winrate.io on November 27, 2020, 01:57:19 AM
I've seen similar groups on Telegram too.

Such groups contain several thousand members that are usually added upon invitation. Abnormal growth of a previously unknown coin without a real reason should be the first red flag. Do not hesitate to verify such coins on a coin’s price chart. A good example is Coincheckup, they've set a benchmark of a 5% price increase in less than five minutes as its indicator.


Title: Re: Altcoin pump and dumps !
Post by: LogitechMouse on November 27, 2020, 03:01:31 AM
https://a9p9n2x2.stackpathcdn.com/wp-content/blogs.dir/1/files/2018/07/Bitconnect-Carlos-Matos-Thats-a-Scam-7-28-18.gif

Joining into this kind of groups either it is on discord or in Telegram isn't advisable especially for newbies out there who are trying to gain money thru trading.

Joining into this one is like you are giving them power to pump and dump the coins and you are like giving your money to them. Just follow what most are saying here. Don't follow these pump and dump groups or you will regret it in the end.


Title: Re: Altcoin pump and dumps !
Post by: kaseygriffin on November 27, 2020, 03:14:32 AM
There are a lot of groups in this market that do that, i see right on telegram it's a lot pump and dump groups, as far as i know they will show the pumped coin and will buy it and you can also follow it to make a profit and then a few projects you get profit will see, that is exactly a DUMP for you. There are also group private and paid groups to join, but i hope you never have to listen to others to invest your assets and find out more about this market.


Title: Re: Altcoin pump and dumps !
Post by: judeafante on November 27, 2020, 04:30:23 AM
Don't fall from these kind of pnd groups. You will just lose money instead of earning profit. They are the only ones benefiting from this scheme. Your choice?
You can try if you want. Or are you part owner of this group as first post and you are mentioning the discord channel of this group???

Yes you are going to lose your money unless you have a premium account on that group, yes they offer paid premium account here because as a premium account holder you will first receive the first notification on what coins to pump, these groups admins are the one who make the money they announce the pump and they will dump their bag, so you actually end up buying what they dump and you pay them to dump on you.


Title: Re: Altcoin pump and dumps !
Post by: SyndicateLabs on November 27, 2020, 04:49:42 AM
My experience in this market tells me that these are just scam groups, and pumped and dumped projects also have a very low market cap. Groups like these are often plentiful in this market, and these groups are often very active at times when the market is moving sideways. I think it's better for you if you leave that group and aren't interested in all the scams in this market.


Title: Re: Altcoin pump and dumps !
Post by: Rowenta on November 27, 2020, 05:27:19 AM
Hey guys,
I am wondering what you think of altcoin pump and dump groups ?
They are basically a large group of people on discord like this one : https://discord.gg/ugkkmfEQKU
And they basically decide on an altcoin to pump and they all buy at the same time and then sell for double and make profits...
I watched a whole pump and people were making a lot of money lol what's the catch ?
thx
There is no such thing as pump and dump group, they are trying to gather lots of investor and tricked them to buy a certain token to pump it, what they don't tell you is they've already buy those tokens in hand, when people are now rushing to buy the token the price will increase for sure and the scammers will dump on you guys


Title: Re: Altcoin pump and dumps !
Post by: maximumcoin on November 27, 2020, 06:07:01 AM
Hey guys,
I am wondering what you think of altcoin pump and dump groups ?
They are basically a large group of people on discord like this one : https://discord.gg/ugkkmfEQKU
And they basically decide on an altcoin to pump and they all buy at the same time and then sell for double and make profits...
I watched a whole pump and people were making a lot of money lol what's the catch ?
thx

I think you should stay away from those groups like this. They just make you lose money more than earn profit in a sustainable way because decision of buying and selling base on others is very dangerous and be easy to get caught up in there and can't control.


Title: Re: Altcoin pump and dumps !
Post by: cryptoknightt on November 27, 2020, 06:47:16 AM
if this is the case you only have to follow the signal from the group even some people follow the paid signal group to get the signal. as a result they make a profit when they act. however, most groups also don't always have the right predictions.


Title: Re: Altcoin pump and dumps !
Post by: RokokGudangGaram on November 27, 2020, 06:50:55 AM
Don't fall for it. It's a scam, you think you will pumping it where in fact they would let you pump it and they are the one who will sell it. You are just going to waste money on that kind of scheme.


Title: Re: Altcoin pump and dumps !
Post by: kayvie on November 27, 2020, 08:46:56 AM
You should stay away in this kind of group. It appears that they will make their members to believe that they will all be able to gain profit by buying together and selling together. Wherein there is this posibility that they are only making you buy so they can sell their own holdings then they have the profit because their holdings is being bought at the lowest price.


Title: Re: Altcoin pump and dumps !
Post by: umbara ardian on November 27, 2020, 09:07:46 AM
Staying away from pnd groups that are groups with scams, i have a friend who also joined these groups and my friend also has to pay fee to join the group. From what my friend said and how i feel about pnd groups, they will attract people from the projects they pumped before and when people start buying it and making it Increasing capitalization is also the time to pay the price for greed.


Title: Re: Altcoin pump and dumps !
Post by: Chuky92 on November 27, 2020, 09:28:52 AM
You are newbie to all these pump and dump groups, that's why you are still in that group and being moved as well. The whole truth is, they cannot be trusted, let me ask, how do you know they are buying at the same time? This is just a group of people who come together, decide a coin to buy, buy it first then hype it to their users who buys later on and they (the owners) are always the first to sell. Also, look closer you will be surprised that there are people who got trapped and couldn't sell in most cases, as it dumps faster. So stay away from any pump and dump groups, they are not worth it, also stay away from signal groups, you might end up getting trapped and becoming a bag holder; this is crypto space and nothing is certain, that is, many factors drives the market, unpredictability reigns and hence everyone is accountable for whatever decision they make.


Title: Re: Altcoin pump and dumps !
Post by: Lordhermes on November 27, 2020, 09:35:06 AM
Staying away from pnd groups that are groups with scams, i have a friend who also joined these groups and my friend also has to pay fee to join the group. From what my friend said and how i feel about pnd groups, they will attract people from the projects they pumped before and when people start buying it and making it Increasing capitalization is also the time to pay the price for greed.
I'm even surprised the group contain high number of followers of about 121k, I know it might be a scam group finding ways to get advantage of newbies. I have never knew of any PND groups or think something like that exist bye from want the others have said above, its advisable to leave such group for they will scam you.
Anything that might have asks you for joining fee is liable to be scam and stay far away from this.


Title: Re: Altcoin pump and dumps !
Post by: jacafbiz on November 27, 2020, 09:51:19 AM
Hey guys,
I am wondering what you think of altcoin pump and dump groups ?
They are basically a large group of people on discord like this one : https://discord.gg/ugkkmfEQKU
And they basically decide on an altcoin to pump and they all buy at the same time and then sell for double and make profits...
I watched a whole pump and people were making a lot of money lol what's the catch ?
thx

First it is illegal to participate in pump and dump so do not join them, the second thing is that these people would end up dumping on their members and run, what they need is one or two successful pumps and once they have been able to attracts huge members to their group, the front buy the token/coin they want to pump next and then dump on them. End of the story


Title: Re: Altcoin pump and dumps !
Post by: Paulogo on November 27, 2020, 11:24:04 AM
There are loads of such groups giving signal Pump coins. The choice is now yours to make if you think the risk is worth taking. The game is all about taking risk.
I will counsel you make proper findings, then choose one you feel can give you maximum returns.


Title: Re: Altcoin pump and dumps !
Post by: nebuch on November 27, 2020, 11:31:42 AM
raining of money in a short time and dump again.
I think if you don't know them personally much better not to join.
All the time you are vulnerable to lose because you cannot guarantee to earn 80% neither 50%.
What you have is assumption and personal point of view in pump and dump time.
Do not trust anybody if you doesn't have a close friends there.


Title: Re: Altcoin pump and dumps !
Post by: JRoa on November 27, 2020, 11:35:32 AM
So there are now pums and dumps group in discord, there is something fishy because scammers are now transferring from telegram into discord. My advice is you should forget about that pumps and dumps group because it is most likely a scam wherein you can lose huge amount of money. It is better if you will focus on trading by yourself.


Title: Re: Altcoin pump and dumps !
Post by: ethereumhunter on November 27, 2020, 11:36:28 AM
Be careful with those groups because I am not sure that they can do that even if they say that their groups a larger than the other groups, you don't have to believe 100% because they say like that to get more members for their benefits. But if you trust them and you want to follow their step to make a profit, you should be very careful, and don't use too big money because you don't know if they are right or not. It is your money, and you should have the responsibility for your money carefully.


Title: Re: Altcoin pump and dumps !
Post by: soetikno on November 27, 2020, 11:37:01 AM
I don't really depend on the group to buy an altcoins, I thought they would buy but it turns out they sell, I have seen that kind of thing often and many victims, try to analyze yourself about the coin you want to buy, if it's a dump you don't need to regret it and blaming other people


Title: Re: Altcoin pump and dumps !
Post by: Delisaara on November 27, 2020, 12:28:15 PM
rather than following the pump group it is better to analyze it yourself, such groups are mostly not profitable and even harm us, they buy before making the news and immediately throw it away.  Meanwhile, we don't know where the coin goes up ... and in fact we will be trapped.


Title: Re: Altcoin pump and dumps !
Post by: marcous on November 27, 2020, 12:37:17 PM
Never get carried away by pump and dump currents.  That is one way to make the market volume become crowded.  but most of the people who lose even those in the premium group cannot be separated from losses.  Whales who are already buying at a dip price. people outside the group buy into it and when many are buying they dump it.  actually its only benefits for the owner groups I guess. Be careful, it was just a party for a moment!


Title: Re: Altcoin pump and dumps !
Post by: lebregone on November 27, 2020, 12:48:08 PM
I've seen a lot of this kind of group but joining this kind of group is pretty risky especially if you don't have the knowledge yet on how to play the game wisely because there is a big chance that you will end up lossing your money if you cannot hit the right time to sell.

If you like you can try joining one of them and test for yourself on what I am talking about. Saying pump this coin and sell the coin once you already doubled your money is pretty simple but do you think also that all of you who pump that certain currency will get the same output? There are some of you for sure that will loss instead of gaining especially if there are no other investors who will follow the pump.


Title: Re: Altcoin pump and dumps !
Post by: Ridwan Fauzi on November 27, 2020, 01:16:53 PM
This does not guarantee you to get profit even it has a high risk way, just choose a coin which has a big community and many people will easily like it.

An altcoin which is pumping will have a reason behind it, and a good reason for the coin getting pump is the coin has a big event, like the developer make an update like a few times ago when ADA's developer trying to update the system its price was pumping a lot.

This will make the coin price up without a dump after the pump. Yeah, it will be different with new project out there, some people who have a big capital just pick the coin randomly. They will sell the coin anytime and it is bad for the coin in the future.


Title: Re: Altcoin pump and dumps !
Post by: Distinctin on November 27, 2020, 01:56:56 PM
Never get carried away by pump and dump currents.  That is one way to make the market volume become crowded.  but most of the people who lose even those in the premium group cannot be separated from losses.  Whales who are already buying at a dip price. people outside the group buy into it and when many are buying they dump it.  actually its only benefits for the owner groups I guess. Be careful, it was just a party for a moment!
This one is obviously a scam. Groups were created just to lure those investors particularly newbies who are less knowledgeable about the altcoins market. No other groups except the whales and those current big events that will affect the market and create pumps and dumps for altcoins. DYOR first before deciding to invest or join some groups so you will not end up lossing your capital.


Title: Re: Altcoin pump and dumps !
Post by: Nhor1011 on November 27, 2020, 02:28:36 PM
Hey guys,
I am wondering what you think of altcoin pump and dump groups ?
They are basically a large group of people on discord like this one : https://discord.gg/ugkkmfEQKU
And they basically decide on an altcoin to pump and they all buy at the same time and then sell for double and make profits...
I watched a whole pump and people were making a lot of money lol what's the catch ?
thx

Be careful about such group because they just making some bait to catch you. Not all pump and dump will give you profit, think the best coin to buy which will give you real profit. Also choose the nest exchange where you can buy a good altcoin with a greater chance to grow despite of pump and dump.


Title: Re: Altcoin pump and dumps !
Post by: zaim7413 on November 27, 2020, 02:51:42 PM
Be careful about such group because they just making some bait to catch you. Not all pump and dump will give you profit, think the best coin to buy which will give you real profit. Also choose the nest exchange where you can buy a good altcoin with a greater chance to grow despite of pump and dump.
It's true, everyone should stay away from team groups or project developers like that, because they make sneaky bait to trap everyone who is in crypto, because they also want easy money by tricking anyone in crypto.


Title: Re: Altcoin pump and dumps !
Post by: wxxyrqa on November 27, 2020, 03:03:36 PM
I believe that many altcoins need to be looked at and realistically assess their prospects in the future. The same situation, in my opinion, is with Ripple, where, despite cooperation with the banking system, whose main goal is the low transaction cost, the increase in the price of the coin, worries the developers themselves, who have more than half of all coins in storage. They can always manipulate the market in any way in order to attract attention to themselves.


Title: Re: Altcoin pump and dumps !
Post by: criket on November 27, 2020, 03:05:19 PM
Be careful about such group because they just making some bait to catch you. Not all pump and dump will give you profit, think the best coin to buy which will give you real profit. Also choose the nest exchange where you can buy a good altcoin with a greater chance to grow despite of pump and dump.
It's true, everyone should stay away from team groups or project developers like that, because they make sneaky bait to trap everyone who is in crypto, because they also want easy money by tricking anyone in crypto.
the pump that occurs is only as a feed, but there must be good reasons to strengthen the conditions before the pump occurs. drawing up a plan to build a pump is actually not easy. but if that can fool the market then what it does is really neat and classy for a scammer. Of course, we have already seen how the pump and dump market moves rapidly. but when there are assets that are dumped and then disappear, of course, the project is not really under proper development.


Title: Re: Altcoin pump and dumps !
Post by: rahmatullah9305 on November 27, 2020, 03:10:50 PM
the pump that occurs is only as a feed, but there must be good reasons to strengthen the conditions before the pump occurs. drawing up a plan to build a pump is actually not easy. but if that can fool the market then what it does is really neat and classy for a scammer. Of course, we have already seen how the pump and dump market moves rapidly. but when there are assets that are dumped and then disappear, of course, the project is not really under proper development.
Yes, but the visible pump in the market in the past few days is on good tokens as well as on good coins, not on new tokens that have not been developed, so even if there is a dump there will be a possibility to be pumped back, this is of course. in contrast to new tokens which experience an initial pump and are then disposed of massively by the developer.


Title: Re: Altcoin pump and dumps !
Post by: Nivia1st on November 27, 2020, 03:11:07 PM
Hey guys,
I am wondering what you think of altcoin pump and dump groups ?
They are basically a large group of people on discord like this one : https://discord.gg/ugkkmfEQKU
And they basically decide on an altcoin to pump and they all buy at the same time and then sell for double and make profits...
I watched a whole pump and people were making a lot of money lol what's the catch ?
thx

You still believe in groups like this. Come on you should have realized what it would be like to join a group like this. all of that would only hurt you, groups like that are bullshit. You will regret it if you believe their words.


Title: Re: Altcoin pump and dumps !
Post by: OasisDre on November 27, 2020, 03:17:18 PM
Hey guys,
I am wondering what you think of altcoin pump and dump groups ?
They are basically a large group of people on discord like this one : https://discord.gg/ugkkmfEQKU
And they basically decide on an altcoin to pump and they all buy at the same time and then sell for double and make profits...
I watched a whole pump and people were making a lot of money lol what's the catch ?
thx
Pump and dump groups consists of people who are looking for large numbers of people that can invest on a low marketcap coins or tokens at the same time to increase it's value while they are already holding the low marketcap tokens, once the price shoot to the sky this scammers will dump of those people, leaving them to struggle with their lucks, you want my advice? Stay away


Title: Re: Altcoin pump and dumps !
Post by: Kelvinid on November 27, 2020, 03:22:25 PM
I can remember that someone posted here regrading on the pump and dump Island group.
https://bitcointalk.org/index.php?topic=5191179.0

Ain't that to wonder why people here don't recommend joining them because obviously, they are of no good at us. We already know this kind of works and no reason why we should have to try just to get proof that they are scamming because a lot of innocent people have been fooled by their broken promises.


Title: Re: Altcoin pump and dumps !
Post by: 2tang on November 27, 2020, 03:44:50 PM
It is not uncommon for the pump to be organized to fill an insurmountable sales wall and many traders or investors who participate in the pump suffer losses as a result. Of course, bearish market conditions can also result in a failed pump or pump. Even with heavy buying pressure coming from the group, organized pumps may not be able to increase given the selling pressure on the market. Even if the pump works well, not all the participants involved will make a profit, as some of those who are later enter may already have bought after the cryptocurrency has appreciated significantly.


Title: Re: Altcoin pump and dumps !
Post by: CuriousGeorge on November 27, 2020, 03:48:18 PM
rather than following the pump group it is better to analyze it yourself, such groups are mostly not profitable and even harm us, they buy before making the news and immediately throw it away.  Meanwhile, we don't know where the coin goes up ... and in fact we will be trapped.
Pump and dump group just a fake group that being used by scammers to fool the newbies. So many times i have seen people complained about that.
The signal that was giving by such group totally fake and it was getting manipulated by the owner or team behind the group.

Any pnd group can't be trusted and it will always be labelled as a scam scheme that will never work.


Title: Re: Altcoin pump and dumps !
Post by: Jeger.Kiting on November 27, 2020, 03:48:57 PM
rather than following the pump group it is better to analyze it yourself, such groups are mostly not profitable and even harm us, they buy before making the news and immediately throw it away.  Meanwhile, we don't know where the coin goes up ... and in fact we will be trapped.

Actually, to join the pump group you must have the ability as a trader who is really good and experienced, because this work requires hand speed, if you are even late in the trade, then you will get a loss, to my knowledge there are very few people in this forum. join the pump group, at least you think again, if you want to join the pump group, because you have to have the abilities I mentioned at the beginning, if you don't have that kind of ability, it's better if you can use the services of your friends who have the abilities I mentioned in early, if you don't have this ability then you better analyze it yourself, and it's much better for yourself in the future ..


Title: Re: Altcoin pump and dumps !
Post by: DU18 on November 27, 2020, 03:58:18 PM
Hey guys,
I am wondering what you think of altcoin pump and dump groups ?
They are basically a large group of people on discord like this one : https://discord.gg/ugkkmfEQKU
And they basically decide on an altcoin to pump and they all buy at the same time and then sell for double and make profits...
I watched a whole pump and people were making a lot of money lol what's the catch ?
thx
Usually crypto projects that commit fraud often use pump and dump group services to make their token prices experience an increase in price in the market and of course with this price increase many people think that the token or coin project is very potential and without them knowing they are trapped in a great loss, usually a characteristic feature of tokens or coins that use pump and dump groups, this is the occurrence of multiple demand spikes without significant underlying reasons for the coin or token, the price moves up on one trading platform, without an increase in other trading platforms. so it's best for traders to be more careful in choosing coins or tokens on the market.


Title: Re: Altcoin pump and dumps !
Post by: santiPOGI on November 28, 2020, 01:25:31 PM
Hey guys,
I am wondering what you think of altcoin pump and dump groups ?
They are basically a large group of people on discord like this one : https://discord.gg/ugkkmfEQKU
And they basically decide on an altcoin to pump and they all buy at the same time and then sell for double and make profits...
I watched a whole pump and people were making a lot of money lol what's the catch ?
thx

You shouldn't believe on such things especially if this is came from the group on Discord and Telegram.
This is mostly a trap for the investors. I've seen this many times in different channels in the Telegram where before
they've use the name of the Bithumb then in the end it's only a scams. So, be careful on this group anyway and be wise
as well.


Title: Re: Altcoin pump and dumps !
Post by: Lorokan on November 28, 2020, 01:42:20 PM
Hey guys,
I am wondering what you think of altcoin pump and dump groups ?
They are basically a large group of people on discord like this one : https://discord.gg/ugkkmfEQKU
And they basically decide on an altcoin to pump and they all buy at the same time and then sell for double and make profits...
I watched a whole pump and people were making a lot of money lol what's the catch ?
thx

Shilling groups are unhealthy for everyone; either you are a newbie trader or a professional trader. Likewise; all tokens pump and dump; but if you name it just that then it doesn;t align well with natural phenomenons. Bitcoin prices alongside altcoins do follow fundamentals; so if you trade market with full knowledge; you won't have any problem trading and taking profits.


Title: Re: Altcoin pump and dumps !
Post by: Paycoinzzz on November 28, 2020, 01:53:49 PM
Hey guys,
I am wondering what you think of altcoin pump and dump groups ?
They are basically a large group of people on discord like this one : https://discord.gg/ugkkmfEQKU
And they basically decide on an altcoin to pump and they all buy at the same time and then sell for double and make profits...
I watched a whole pump and people were making a lot of money lol what's the catch ?
thx
These are just trash groups in this crypto market, all of them are their scams. Think about it, with junk tokens, who wants to buy?
These coin pump signals are scams for newbies. The strategy is that the whales will buy tokens in advance at a lowest price and then they will urge people to buy before the price pumps. In fact, the people who listen to the signal and buy are the ones who push the price of the token up and whales will be spoiled for selling tokens at a high price :)
My advice is to stay away from these types of signal groups, they are not responsible for your losses.


Title: Re: Altcoin pump and dumps !
Post by: criket on November 28, 2020, 02:46:43 PM
You shouldn't believe on such things especially if this is came from the group on Discord and Telegram.
This is mostly a trap for the investors. I've seen this many times in different channels in the Telegram where before
they've use the name of the Bithumb then in the end it's only a scams. So, be careful on this group anyway and be wise
as well.
I advise you not to believe too much in groups like that because usually the owner of that group will buy earlier than their followers and the problem is if you buy coins that are not very potential, such as not having trading volume because it can make you lose and stuck at high prices.
of course, they just seem to convey signals for buying and selling. but I guess they just aim to make a pump and a good enough adoption for their selling price and then run away. if what they are promoting is a top market coin, I think it still makes sense to follow their signal. but when it was just a new token with a weak market, I thought it was too risky to join such a group.


Title: Re: Altcoin pump and dumps !
Post by: ardentvolcanoes on November 28, 2020, 02:57:13 PM
You shouldn't believe on such things especially if this is came from the group on Discord and Telegram.
This is mostly a trap for the investors. I've seen this many times in different channels in the Telegram where before
they've use the name of the Bithumb then in the end it's only a scams. So, be careful on this group anyway and be wise
as well.
I advise you not to believe too much in groups like that because usually the owner of that group will buy earlier than their followers and the problem is if you buy coins that are not very potential, such as not having trading volume because it can make you lose and stuck at high prices.

After they've got the bagholds they will simply create artificial movements, letting traders to notice such actions. Those pump groups are good

playing with emotional traders, most of the time greed and newbie trader are victims of this so called tipsters, some for free and other's collect

money from members who wanted to use their service, be very careful much better to work with you knowledge take time to develop your skills.


Title: Re: Altcoin pump and dumps !
Post by: dhaldanga on November 28, 2020, 02:58:38 PM
Altcoins should be purchased if dumped all the time.
But always keep in mind that Altcoins are in the top ten numbers.
Because there are a lot of Altcoins that go from dump to dump.


Title: Re: Altcoin pump and dumps !
Post by: Winscosinally on November 28, 2020, 03:00:45 PM
Hey guys,
I am wondering what you think of altcoin pump and dump groups ?
They are basically a large group of people on discord like this one : https://discord.gg/ugkkmfEQKU
And they basically decide on an altcoin to pump and they all buy at the same time and then sell for double and make profits...
I watched a whole pump and people were making a lot of money lol what's the catch ?
thx
OMG, run for your dear life bro, it's complete scam, this was my first loss in crypto space, I had no one to guide me or warned me back in 2017, I lost over 700$ to such group, it's all trick, you won't be able to get your order filled because many people will be rushing the available buy orders, you will end up selling for lower price that's if you get lucky before massive dump


Title: Re: Altcoin pump and dumps !
Post by: Winscosinally on November 28, 2020, 03:02:30 PM
The pump group owners are the ones that will benefit because they have already place high orders for the token on trading exchange, they are just looking for people that will pump the token at their call, be smart and invest on top altcoins instead, there is no short cut to making money, you have to work hard to become successful


Title: Re: Altcoin pump and dumps !
Post by: Maestro75 on November 28, 2020, 03:08:19 PM
Don't fall from these kind of pnd groups. You will just lose money instead of earning profit. They are the only ones benefiting from this scheme. Your choice?
You can try if you want. Or are you part owner of this group as first post and you are mentioning the discord channel of this group???

Those who buy immediately the call for buy is made makes money. It is not only those who own the channels that make money. I have read of someone on facebook who makes alot of money through this. He calls for buy in his restricted group and price moves up. Sometimes price goes up above 500% from his picture.


Title: Re: Altcoin pump and dumps !
Post by: Xylber on November 28, 2020, 03:25:40 PM
It is a scam. Common sense tells you it works, because it could work if people were honest, but they are not...

- By the time you receive the message pointing out the coin to pump, they are already selling what they bought in the past few days.
- Sometimes they buy in the moment, but sell intermediately.
- Sometimes you can profit by doing the same they do (buy fast, sell inmediately).
- Looks like they work with small investments, the profit they get is not because of volume they buy, but from the price difference.
- If they pump/buy too much they end up being victims of their own scheme (depending of group size and people who joins to the pumping session). I even saw a group owner raging because nobody followed him.
- If you fail, you either keep the trash coins you bought or resell them cheaper.

Even understanding what they do and joining with a few dollars, it is not that easy to make any profit at all, I lost close to 25 dollars by experimenting with these groups.



Title: Re: Altcoin pump and dumps !
Post by: acener on November 28, 2020, 03:55:15 PM
Hey guys,
I am wondering what you think of altcoin pump and dump groups ?
They are basically a large group of people on discord like this one : https://discord.gg/ugkkmfEQKU
And they basically decide on an altcoin to pump and they all buy at the same time and then sell for double and make profits...
I watched a whole pump and people were making a lot of money lol what's the catch ?
thx
The catch is if your sell order didn't make it in time then you just gave out your money to the group.
They are using their member to buy it and pump the price to gain profit and if their member couldn't sell it on time then it is their lost.
The one who is giving signals are the one who is making the highest profit since they already invested on it before theyeven announce it.


Title: Re: Altcoin pump and dumps !
Post by: ethereumhunter on November 30, 2020, 09:50:55 AM
Don't fall from these kind of pnd groups. You will just lose money instead of earning profit. They are the only ones benefiting from this scheme. Your choice?
You can try if you want. Or are you part owner of this group as first post and you are mentioning the discord channel of this group???

Those who buy immediately the call for buy is made makes money. It is not only those who own the channels that make money. I have read of someone on facebook who makes alot of money through this. He calls for buy in his restricted group and price moves up. Sometimes price goes up above 500% from his picture.

If they can buy at a lower price, yes, they are making money. But for them who don't buy any coins when the price is down will regret it, especially if the altcoin price can increase because of the pumps that come to the market. But to make a profit from the pumps and dumps group will not easy since you need to have money to buy instant, and calculating fast how far you will make a profit from those groups.


Title: Re: Altcoin pump and dumps !
Post by: jostorres on December 01, 2020, 09:25:35 AM
I am wondering what you think of altcoin pump and dump groups ?
They are basically a large group of people on discord like this one : https://discord.gg/ugkkmfEQKU
And they basically decide on an altcoin to pump and they all buy at the same time and then sell for double and make profits...
I watched a whole pump and people were making a lot of money lol what's the catch ?
thx
I know you’re in a hurry to make some money, but why not look for other means? The link of the Discord you posted what proof do you have that they work and what makes you think so, have you used it before to know exactly whether it works or not? (Unless you’re the one behind the discord group and you’re just trying to promote the group here).

Stay clear from all these pump and dump groups (aka PnD’s) they are a plague that should be seriously avoided or else you will surely end up regretting it. You should DYOR online and you will get to see what I’m trying to say. Maybe you should look for speculation groups instead.


Title: Re: Altcoin pump and dumps !
Post by: 1l1l11ll1l on December 01, 2020, 09:39:09 AM
The pump group owners are the ones that will benefit because they have already place high orders for the token on trading exchange, they are just looking for people that will pump the token at their call, be smart and invest on top altcoins instead, there is no short cut to making money, you have to work hard to become successful
Totally agree, I think it's too obvious and it's clear that the owner of the group is the one who benefits the most. if you want to be safe, invest in top coins or at least in high quality projects with clear development, from which you can differentiate the profit you will get


Title: Re: Altcoin pump and dumps !
Post by: imstillthebest on December 01, 2020, 09:49:23 AM
but why did you say lol. i dont think that was funny but that was a sick strat to earn easy money but it can be offensive to some too that invest and trade in a fair way because they are affected with it .
pump and dump group can be easy as it sounds but what if you joined a group with full of fake people and you didnt know it .
 you ended up buying a huge volume that they recomend but no other people buy it except you .

you can gain nothing with it but the coin creator can only get rich with that .


Title: Re: Altcoin pump and dumps !
Post by: carlisle1 on December 01, 2020, 10:15:36 AM
Hey guys,
I am wondering what you think of altcoin pump and dump groups ?
They are basically a large group of people on discord like this one : https://discord.gg/ugkkmfEQKU
And they basically decide on an altcoin to pump and they all buy at the same time and then sell for double and make profits...
I watched a whole pump and people were making a lot of money lol what's the catch ?
thx
The possibilities are there that they can do such thing but the question is How sure they are to bag money if no one ride in their traps?
and besides This is an old tricks that i believe people here don't fall ,As those past incident teach them to get away from these groups.
If you are thinking of investing?please don't because even of they are legit yet that is cheating and of course you don't want to fed your family from the money that came from the victims?
And also you might loss in this if you did not catch the timing so please don't.


Title: Re: Altcoin pump and dumps !
Post by: ningrum on December 01, 2020, 12:01:50 PM
In the current situation, Altcoins are still difficult to control because Bitcoin prices are very volatile,
and make Altcoins really unstable, Pump and Dump then happen! .
Wait until the bitcoin price is sideways and buy altcoins.


Title: Re: Altcoin pump and dumps !
Post by: IkonaDro4ku on December 01, 2020, 01:20:58 PM
this is pure speculation and an attempt by the first to make money on the rest how can you treat this well?
I consider that this is just mmm and to expect that you will earn on this, it will cost yourself in the first place more expensive.


Title: Re: Altcoin pump and dumps !
Post by: bandungan on December 01, 2020, 02:58:08 PM
Hey guys,
I am wondering what you think of altcoin pump and dump groups ?
They are basically a large group of people on discord like this one : https://discord.gg/ugkkmfEQKU
And they basically decide on an altcoin to pump and they all buy at the same time and then sell for double and make profits...
I watched a whole pump and people were making a lot of money lol what's the catch ?
thx
Pumps and dumps on altcoins are basically whale-controlled, so don't be surprised if one day you see tokens that don't have the potential to experience massive pumping and tokens that look like they have the potential to experience severe dumps. it is not only market influence but the influence of the great whale is real and proven


Title: Re: Altcoin pump and dumps !
Post by: tvplus006 on December 01, 2020, 03:11:17 PM
That's a scam. Can you guarantee the late pumpers will also be profitable? the majority of early pumpers will become the party who can take the advantage from the late pumpers.
You should not fall to this scam scheme. The creator of such group will be always getting profit from his members.
Imagine when you are as an owner of such group and you were pumping A coin and then you told your members to pump it after you and you can go out from there.

This is exactly what happens when the group receives a buy signal, the pump organizers start selling their coins, making a big profit. Some group members who joined the pump in a timely manner can make a small profit by selling their coins to those who opened the deal later. This way, the profit is mainly received by the group owners and their co-organizers.


Title: Re: Altcoin pump and dumps !
Post by: TopT3ns on December 01, 2020, 03:24:53 PM
That's a scam. Can you guarantee the late pumpers will also be profitable? the majority of early pumpers will become the party who can take the advantage from the late pumpers.
You should not fall to this scam scheme. The creator of such group will be always getting profit from his members.
Imagine when you are as an owner of such group and you were pumping A coin and then you told your members to pump it after you and you can go out from there.

This is exactly what happens when the group receives a buy signal, the pump organizers start selling their coins, making a big profit. Some group members who joined the pump in a timely manner can make a small profit by selling their coins to those who opened the deal later. This way, the profit is mainly received by the group owners and their co-organizers.
therefore they should not be new traders needing to participate in telegrams like that because it will only have a bad influence which will eventually make them lose because they are potentially trapped in high prices when the leader dumps the coin, we should all make the leader who lied be a loss and make him give up.


Title: Re: Altcoin pump and dumps !
Post by: mrongos on December 01, 2020, 03:31:39 PM
I think cryptocurrency price movements will always go up and down and we as traders should take advantage of that movement to find a lot of profit, when trading volume increases it is a golden opportunity because altcoin price movements on the exchange will increase.


Title: Re: Altcoin pump and dumps !
Post by: Anish02 on December 02, 2020, 05:22:34 PM
Hey guys,
I am wondering what you think of altcoin pump and dump groups ?
They are basically a large group of people on discord like this one : https://discord.gg/ugkkmfEQKU
And they basically decide on an altcoin to pump and they all buy at the same time and then sell for double and make profits...
I watched a whole pump and people were making a lot of money lol what's the catch ?
thx

You shouldn't believe on such things especially if this is came from the group on Discord and Telegram.
This is mostly a trap for the investors. I've seen this many times in different channels in the Telegram where before they've used the name of the Bithumb then in the end it's only a scam. So, be careful with this group anyway and be wise
as well.
I would agree with your point, there are so many channels and group on Telegram and Discord about such pump and dump. So they send singles about the alts and I think most of the time the single aren't true, so it is crap to join any group like this. So try not to get involved in such a trap.


Title: Re: Altcoin pump and dumps !
Post by: huiji2011 on December 02, 2020, 05:59:29 PM
This kind of general is scam, very common routine. It is easy to pull up a coin without depth, the same as down, and only a little money is needed, if you dont believe me you could let those guys to pump one of those highest market value coin, if they could, i apologize.


Title: Re: Altcoin pump and dumps !
Post by: InwardContour on December 02, 2020, 07:23:09 PM
this is pure speculation and an attempt by the first to make money on the rest how can you treat this well?
I consider that this is just mmm and to expect that you will earn on this, it will cost yourself in the first place more expensive.

I pity those who follow pump and dump channels on telegram and discord. A friend of mine followed a pump channel on telegram for paid pump signals, they normally send alerts when they will pump a given coin. He staked small on his first attempt and it worked for him, even though some other guys got caught up when the dump came. However, he got greedy and used big funds to buy the next pump coin, but to his greatest dismay, the dip came almost immediately after he bought. It's more like gambling with your funds, the gains are not certain.


Title: Re: Altcoin pump and dumps !
Post by: batang_bitcoin on December 02, 2020, 07:27:34 PM
Hey guys,
I am wondering what you think of altcoin pump and dump groups ?
They are basically a large group of people on discord like this one : https://discord.gg/ugkkmfEQKU
And they basically decide on an altcoin to pump and they all buy at the same time and then sell for double and make profits...
I watched a whole pump and people were making a lot of money lol what's the catch ?
thx
Don't be too excited watching them, they may look profitable to you but in return, you're likely to suffer afterward. Better to avoid pump and dump groups and do your investment and trading on your own.
It's best to learn from your own than to depend on them. They also charge people joining them so if you think that's good for you, think again. They really are not good for someone who doesn't know what pump and dump groups do.


Title: Re: Altcoin pump and dumps !
Post by: Tallylat on December 02, 2020, 08:20:08 PM
from my experience, pump and dump groups mean no go for the members. it is a very risky adventure, the group administrators are the beneficiaries they would have bought the coin already, before they call it on the group, which they later dump on their followers.


Title: Re: Altcoin pump and dumps !
Post by: Onuohakk on December 02, 2020, 08:37:39 PM
Pump and dump is a normal scenario in crypto. It's very devastating to hodl a coin that has been dumped, hoping that it will rise again.
The world is facing a global economic meltdown which has leads to a lack of investors in the crypto market. Investors are only interested in trading on top altcoins than a newly created project that is yet to find their worth in the crypto market


Title: Re: Altcoin pump and dumps !
Post by: crzy on December 02, 2020, 09:15:49 PM
I don’t want to take so much risk by joining any pump and dump group because I know its risky and I know that group is not worth it even if there’s a huge number of people, you’ll lose big money for sure. Did you know the feeling of understanding the market on your own? This is priceless and knowing that you’re knowledgeable enough about the market is way better than to join and depend to any group.


Title: Re: Altcoin pump and dumps !
Post by: lousie9 on December 02, 2020, 09:19:40 PM
Pumps and dumps are commonplace in this cryptocurrency market, but for most of the top coins, I think only the big whales can play that role. if the investor is small I think it is impossible to take such market flows. but I often see small coins being pumped and dumped by insiders, to attract lay investors to get caught in their pool.


Title: Re: Altcoin pump and dumps !
Post by: AliMan on December 02, 2020, 09:24:14 PM
Hey guys,
I am wondering what you think of altcoin pump and dump groups ?
They are basically a large group of people on discord like this one : https://discord.gg/ugkkmfEQKU
And they basically decide on an altcoin to pump and they all buy at the same time and then sell for double and make profits...
I watched a whole pump and people were making a lot of money lol what's the catch ?
thx
Don't be too excited watching them, they may look profitable to you but in return, you're likely to suffer afterward. Better to avoid pump and dump groups and do your investment and trading on your own.
It's best to learn from your own than to depend on them. They also charge people joining them so if you think that's good for you, think again. They really are not good for someone who doesn't know what pump and dump groups do.

I think OP was inspired of his holdings and looks like one of the asset owned by him was already gaining a good value now. We can't avoid dumping, since we seen that most coins with good developer was already showing good signs that it would increase a good price sooner. If you wanted to do so, learn some trading analysis before deciding to focus on trading seriously because buy and sell can lead us to bigger losses if we fail.


Title: Re: Altcoin pump and dumps !
Post by: Eddyc on December 02, 2020, 10:25:03 PM
In my opinion and analyzing my experience this type of situation ends with the development of a project for possible failure. We can take all the projects that did not have large bombs and compare them with the others that had large bombs. Therefore, all projects that follow the pump line and eviction, failure is immediate.


Title: Re: Altcoin pump and dumps !
Post by: sapnu on December 02, 2020, 10:47:28 PM
Pumps and dumps are commonplace in this cryptocurrency market, but for most of the top coins, I think only the big whales can play that role. if the investor is small I think it is impossible to take such market flows. but I often see small coins being pumped and dumped by insiders, to attract lay investors to get caught in their pool.
We all know that it is normal in cryptocurrency that it pumps and it dumps sometimes, it is in the nature of the cryptocurrency since the value of crypto is volatile, the meaning is that the price is changing time by time especially when there's a transaction happened, every transaction has equivalent changes in the price. As of now, we are experiencing a pump on bitcoin and the market is following, bitcoin already reaches its highest peak again since the last time it also hits this all-time high in terms of value. We are still hoping that it will continue to rise so that we can still make a good profit by doing our own way.


Title: Re: Altcoin pump and dumps !
Post by: inoes on December 02, 2020, 11:05:22 PM
there is no harm in following the buy / sell signal. if the group has many members, at that time there is a signal to buy then all members buy, then the result is that the coin is pumped quickly (this is because the demand is increasing) but if you are left behind to buy it, you might get carried away and still buying coins when the price was still high. So one could say that kind of thing is also a whale play. for bitcoin it seems likely that the price the whales can play is less than for altcoins.


Title: Re: Altcoin pump and dumps !
Post by: erikoy on December 02, 2020, 11:23:47 PM
there is no harm in following the buy / sell signal. if the group has many members, at that time there is a signal to buy then all members buy, then the result is that the coin is pumped quickly (this is because the demand is increasing) but if you are left behind to buy it, you might get carried away and still buying coins when the price was still high. So one could say that kind of thing is also a whale play. for bitcoin it seems likely that the price the whales can play is less than for altcoins.
Whales can less focus on pumping altcoins compared to bitcoin. They can pump altcoins easily though but when it comes to good investment it is bitcoin is their primarily concern to earn. Other altcoins whom pump up by whales are those establish coins or coins made some hype like the uniswap, chainlink and other establish altcoins as well. But this is risky in their part too because these altcoins has no high assurance of getting your money back like to what happen with the xrp. Ath recorded for xrp was 4$ per xrp and now the current price is less than 1$ so buying coins like this cannot help you profit unless you know and familiar with telegram channel with good signal to predict market movement.


Title: Re: Altcoin pump and dumps !
Post by: Darktongue on December 02, 2020, 11:25:49 PM
Hey guys,
I am wondering what you think of altcoin pump and dump groups ?
They are basically a large group of people on discord like this one : https://discord.gg/ugkkmfEQKU
And they basically decide on an altcoin to pump and they all buy at the same time and then sell for double and make profits...
I watched a whole pump and people were making a lot of money lol what's the catch ?
thx
Everything is possible for big coin holders. They can push prices and dump prices but they can't increase volume. There will be no guarantee that those scammers could sell all of their coins. For these kinds of reasons we couldn't confirm whether to buy any altcoins. Big whale supply can hold any normal investors, top coins could be the right choice.


Title: Re: Altcoin pump and dumps !
Post by: mace15 on December 02, 2020, 11:38:15 PM
In my opinion and analyzing my experience this type of situation ends with the development of a project for possible failure. We can take all the projects that did not have large bombs and compare them with the others that had large bombs. Therefore, all projects that follow the pump line and eviction, failure is immediate.
This is why it is very important not to trust these kind of group easily. Many have had the experience joining the signal groups but ended up losing of money. Why? There is no accurate signals can gives you. Failure is immediate indeed because a person did not learned the basic, dyor.


Title: Re: Altcoin pump and dumps !
Post by: DarkDays on December 03, 2020, 12:00:32 AM
In my opinion and analyzing my experience this type of situation ends with the development of a project for possible failure. We can take all the projects that did not have large bombs and compare them with the others that had large bombs. Therefore, all projects that follow the pump line and eviction, failure is immediate.
This is why it is very important not to trust these kind of group easily. Many have had the experience joining the signal groups but ended up losing of money.

If you need to join signal groups to make your judgements on trading moves you're just looking for trouble. To be honest these groups shouldn't even exist, you pay a membership you get some info which may or may not be useful. I mean you can just get that yourself and learn so much more in the process.

Maybe it is just me but the concept of relying on other to give you advice on what and when to trade sounds insane to me. I barely trust myself in trading and I do take a gamble at times, but never mind having to trust others.


Title: Re: Altcoin pump and dumps !
Post by: champion9080 on December 03, 2020, 06:08:06 AM
The main reason for the crypto markete to dump all the coins is lockdown. This problem is seen as all the markets are not able to manage their work well during the lockdown but now some changes are being noticed. So I think now all coins will give us good profit inshaAllah.


Title: Re: Altcoin pump and dumps !
Post by: paglarhat on December 03, 2020, 06:17:39 AM
I can say in the light of my personal experience that Altcoin pumps and dumps are due to Bitcoin pumps and dumps.
I have noticed most of the time that the price of Altcoin does not increase during bitcoin pumps and dumps but the price of Altcoin increases when bitcoin is stable or fixed.


Title: Re: Altcoin pump and dumps !
Post by: Menawi12 on December 03, 2020, 06:18:07 AM
Hey guys,
I am wondering what you think of altcoin pump and dump groups ?
They are basically a large group of people on discord like this one : https://discord.gg/ugkkmfEQKU
And they basically decide on an altcoin to pump and they all buy at the same time and then sell for double and make profits...
I watched a whole pump and people were making a lot of money lol what's the catch ?
thx

Pump and dump tokens usually occur on tokens that do not have a large transaction volume and are not listed on large exchangers. With a small average transaction volume, they can game the price and I think it's better to avoid coins or tokens that have a small daily average transaction rate and a small market cap.


Title: Re: Altcoin pump and dumps !
Post by: vaultman on December 03, 2020, 08:37:53 AM
Only the owners of these channels can make money by using this method. Users who will buy tokens can also get some amount of profit, but in most cases you will simply lose your money, because everything happens very quickly and it is almost impossible to have time to profitably sell tokens.


Title: Re: Altcoin pump and dumps !
Post by: fileo on December 03, 2020, 09:13:58 AM
Pump and dump could make you rich or poor depends on the right time and the united move of the group. This is not recommendable strategy to earn big money in a short period of time. For me much better to study the pattern and some important matter with regards to trading. Pump and dump is for short time, your knowledge if for long time. Better to earn small money on at a time because one day small will become big amount of profit.


Title: Re: Altcoin pump and dumps !
Post by: bluebit25 on December 03, 2020, 09:35:01 AM
Stay away from these pump and dump groups, as it is a newbie scam, because these groups will attack the mentality of new entrants, after groups like these bump a few coins. In order to give members confidence, they then plan a final project to trick you into. But groups like this appear across all social groups, i see it a lot on telegram.


Title: Re: Altcoin pump and dumps !
Post by: BayAngelo on December 03, 2020, 11:36:19 AM
This is the worst decision you will make in your life as an investor. joinning any social groups that deals in trade calls without any TA and FA. you will loose your funds. they best you can do is do your own research and trust yourself. you will do better. note that any group that give u calls to buy any coin have already secured the bag waiting for you to push the price and he will dump on you.


Title: Re: Altcoin pump and dumps !
Post by: fishbonez11 on December 03, 2020, 12:14:15 PM
Hey guys,
I am wondering what you think of altcoin pump and dump groups ?
They are basically a large group of people on discord like this one : https://discord.gg/ugkkmfEQKU
And they basically decide on an altcoin to pump and they all buy at the same time and then sell for double and make profits...
I watched a whole pump and people were making a lot of money lol what's the catch ?
thx

Whales can easily manipulate the price, they usually go with Bitcoin Hype. They only take advantage of people's emotion with whats happening in the trend.  I believe that all coins are all dependent to bitcoin. This only proves that someone can control the behavior of altcoins price.

 Im holding altcoins and notice that price goes proportionally with Bitcoin, its way better to just buy bitcoin than altcoin. Altcoin is just good for short term investment. I would still prefer bitcoin which is more stable and established.


Title: Re: Altcoin pump and dumps !
Post by: awakpane on December 03, 2020, 12:34:40 PM
Many such groups simply attract other people to invest in coins which are fundamentally unprofitable, with only a group of people deliberately fishing to buy and they end up selling back after making a profit and those of us stuck with the pump are going to lose. It is better to look at altcoin pumps and dumps take a look at the exchange charts with respect to liquidity and trading volume


Title: Re: Altcoin pump and dumps !
Post by: batang_bitcoin on December 03, 2020, 12:45:32 PM
Hey guys,
I am wondering what you think of altcoin pump and dump groups ?
They are basically a large group of people on discord like this one : https://discord.gg/ugkkmfEQKU
And they basically decide on an altcoin to pump and they all buy at the same time and then sell for double and make profits...
I watched a whole pump and people were making a lot of money lol what's the catch ?
thx
Don't be too excited watching them, they may look profitable to you but in return, you're likely to suffer afterward. Better to avoid pump and dump groups and do your investment and trading on your own.
It's best to learn from your own than to depend on them. They also charge people joining them so if you think that's good for you, think again. They really are not good for someone who doesn't know what pump and dump groups do.

I think OP was inspired of his holdings and looks like one of the asset owned by him was already gaining a good value now. We can't avoid dumping, since we seen that most coins with good developer was already showing good signs that it would increase a good price sooner. If you wanted to do so, learn some trading analysis before deciding to focus on trading seriously because buy and sell can lead us to bigger losses if we fail.
It's not about him being inspired by his holdings. He's asking about the pump and dump groups and it's not wise to join any of them. Maybe you haven't been aware of the existence of those groups that solely do is to pump and dump tokens that they've decided and agreed to touch.
A new joiner is likely to earn from them but it's not that much because their main source is the payment for the joiner's fee. And you're also prone to losing more if you follow their tips.


Title: Re: Altcoin pump and dumps !
Post by: KnightElite on December 03, 2020, 03:23:07 PM
In my opinion and analyzing my experience this type of situation ends with the development of a project for possible failure. We can take all the projects that did not have large bombs and compare them with the others that had large bombs. Therefore, all projects that follow the pump line and eviction, failure is immediate.
This is why it is very important not to trust these kind of group easily. Many have had the experience joining the signal groups but ended up losing of money.

If you need to join signal groups to make your judgements on trading moves you're just looking for trouble. To be honest these groups shouldn't even exist, you pay a membership you get some info which may or may not be useful. I mean you can just get that yourself and learn so much more in the process.

Maybe it is just me but the concept of relying on other to give you advice on what and when to trade sounds insane to me. I barely trust myself in trading and I do take a gamble at times, but never mind having to trust others.
I can say that signals are just waste of time, effort and money. You will lose more because in signal groups are usually require for all of the participant to have membership fee and the exchange that you will get is just a shitty signal where for sure that you can incur huge amount of loss. When I was a newbie, I thought that signals are the key to become profitable in the market and I suddenly found out that my perspective is wrong where I needed to fix it.

When I make investment in my knowledge, it is the time that I learned about pumps and dumps groups or those signals groups where all of them are scam, do not ever try to join in signal groups because those shitty groups can be a reason for you to lose huge amount of money.


Title: Re: Altcoin pump and dumps !
Post by: kasakola on December 03, 2020, 04:28:09 PM
Basically, there are some reasons to pump Alcoin. One of the reasons why Bitcoin is not pumped when it is 1900 $ is because people hold Bitcoin then Alcoin does not pump but when Bitcoin does not pump then maybe All Coin will pump. And now there is the possibility of pumping very easily.



Title: Re: Altcoin pump and dumps !
Post by: Mahdirakib on December 03, 2020, 05:27:07 PM
It is really risky, you may fall in a trap. Cause most of the time those group choose new or low marketcap coins for pump. Those group can't pump top altcoins of crypto market, I was a member of one telegram group. In that group admin was giving information about altcoins price pump earlier and encouraging others to join. But I have never seen any well known altcoins pump news from them. Those alts price may drop significantly after the pump and many investor won't get the right time to sell their coins. Finally they might face losses.


Title: Re: Altcoin pump and dumps !
Post by: awakpane on December 04, 2020, 01:22:25 PM
Many such groups simply attract other people to invest in coins which are fundamentally unprofitable, with only a group of people deliberately fishing to buy and they end up selling back after making a profit and those of us stuck with the pump are going to lose. It is better to look at altcoin pumps and dumps take a look at the exchange charts with respect to liquidity and trading volume

If you can predict with a graph that you may be very good in the future. You can see what will happen in the future even though you cannot guarantee 100% every step of the way.

Indeed, predicting with graphs cannot guarantee 100%, but it is far more rational and becomes a guide for us in seeing the cycle of coin price movements rather than referring to the dump and pump groups which cannot be used as a strong grip