PnD Thoughts? Some gain, some lose

[Blackout1321]

Two pump and dumps I've seen that have potential and I want people's thoughts.

ttps://t.me/PumpNotifier - 10k + members and growing every minute. Back by 300+ BTC but I watched one happen today and it was out within the first two minutes.

https://t.me/pumpstars - New PnD, backed by a substantial amount of BTC and in the early process where you only have to compete with under 200 members. Possible more profit available?!

https://t.me/PumpKings - Even Newer PnD, but growing larger every minute. I'm starting to think I'm missing out on something. XD

What would you do and which would you join if you wanted to join one?

If this is not allowed (Which I read every rule and searched key words so I believe it's okay) feel free to remove.

[BitWhale]

You are better off trying to find coins that haven't been pumped, have decent features & heavy volume & holding it for a few months to catch a larger rise.

Most of these pump & dumps go like this:

owners of the chat buy thousands of coins @ the normal price, they then put in staggered offers to sell in higher than they bought for. After that, they release the "pump" to the chat and the same people buying are the ones giving the chat owner all of his profit. The only people that win are truly is the chat owner, plus a few other "lucky" ones.

[benthach]

You are better off trying to find coins that haven't been pumped, have decent features & heavy volume & holding it for a few months to catch a larger rise.

Most of these pump & dumps go like this:

owners of the chat buy thousands of coins @ the normal price, they then put in staggered offers to sell in higher than they bought for. After that, they release the "pump" to the chat and the same people buying are the ones giving the chat owner all of his profit. The only people that win are truly is the chat owner, plus a few other "lucky" ones.

Bravo!

[GRR]

Quoting myself here again like in other threads:

You would have an IQ below 80 to actually fall for this guy. 1 post guy telling you about famous pump groups to make a fortune. Sounds legit, right?

Let me tell you how this "pumpgroups" like fairpump etc work. They all follow the same sheme:

- Pick a coin.
- Accumulate slowly for weeks before the announced pump date.
- Advertise and find some idiots who are willing to participate under false premise saying "the specific coin will picked via random number generator" (Yeaaah right, no way to actually prove it, yes?)
- Set a time and all idiots will start buying and pumping the coin, while you (the inner circle) are already started being the first to dump your huge stack.
- Many people miss out and the initiators already made a fortune at the cost of most of the participants/idiots.

^- At this point it is already too late to sell, the pump is over. You will be a shitcoin bag holder for some time.

I hope everybody now understands how this works. Don't fall for it or you're an idiot. You will lose your money. Don't try to be smart. You will lose your money.

[Blackout1321]

Oh I have iffy thoughts on PnDs, mainly because I've made money on some and I've also lost on some.

I'm very curious to see what happens between a larger group with 10k members and one that has a few hundred.

It's still a rush to try and get in on one and make the money!