Has anyone been involved in pump and dumps? I was offered an invitation to a channel on telegram, and my mate said he has made over $5k in channels like this (he got in on ground floor of a few). Any thoughts?
No, i have never been involved in pump and dump group. it's a way to lose money, people who buy a coin thinking(signaled by these groups) it will be pumped get dumped on. [...]
This. Getting involved in pump and dump groups is a great way to lose money that could have just been spent in an investment in a promising crypto. I've never been a part of a P&D group and never will be. Joining one sounds like an awful idea.