ravid32 (OP)
Newbie
Offline
Activity: 4
Merit: 0
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September 06, 2017, 02:56:41 AM |
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A lot of people say that they are a scam because the admins buy the coins before the pump and then announce the coins and once the price increases they sell them off while the members of the groups lose money. My question is why can't the members also sell their coins after the increase. A small profit is still a profit, right? You can still make small profit with pump and dump, yes you won't make 100% profit or even when 50% but you'll still make a profit. Please tell me why is my thinking wrong.
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quierx16
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September 06, 2017, 03:29:52 AM |
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A lot of people say that they are a scam because the admins buy the coins before the pump and then announce the coins and once the price increases they sell them off while the members of the groups lose money. My question is why can't the members also sell their coins after the increase. A small profit is still a profit, right? You can still make small profit with pump and dump, yes you won't make 100% profit or even when 50% but you'll still make a profit. Please tell me why is my thinking wrong.
well most pump and dump groups turns to be a scam. because you didn't know when they dump the coins. if you smart enough sell it when you gain a little of profit. and don't wait for the signal
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ravid32 (OP)
Newbie
Offline
Activity: 4
Merit: 0
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September 06, 2017, 03:59:28 AM |
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A lot of people say that they are a scam because the admins buy the coins before the pump and then announce the coins and once the price increases they sell them off while the members of the groups lose money. My question is why can't the members also sell their coins after the increase. A small profit is still a profit, right? You can still make small profit with pump and dump, yes you won't make 100% profit or even when 50% but you'll still make a profit. Please tell me why is my thinking wrong.
well most pump and dump groups turns to be a scam. because you didn't know when they dump the coins. if you smart enough sell it when you gain a little of profit. and don't wait for the signal That's what I'm saying. Make a profit and sell. Rinse and repeat.
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michietn94
Legendary
Offline
Activity: 1274
Merit: 1001
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September 07, 2017, 05:09:46 AM |
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I do not believe in a group like this. One action I will take is to get away from it and not join the group.
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.. FANSUNITE | █ █ ███ ███ ███ ▄ ▀ ███ ███ ███ ███ █ █ | | █ █ ███ ███ ███ ▄ ▀ ███ ███ ███ ███ █ █ | |
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coin_coin
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September 07, 2017, 01:58:03 PM |
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A lot of people say that they are a scam because the admins buy the coins before the pump and then announce the coins and once the price increases they sell them off while the members of the groups lose money. My question is why can't the members also sell their coins after the increase. A small profit is still a profit, right? You can still make small profit with pump and dump, yes you won't make 100% profit or even when 50% but you'll still make a profit. Please tell me why is my thinking wrong.
You can find such groups in Chinese chat app QQ. They often claims to pump one coin together, I never trust them . I suggest you too.
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hammo
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September 07, 2017, 11:16:26 PM |
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don't join to those groups. because they want to hype their own tokens and you won't sell it back again with those prices. so they are selling their own tokens with high price to you.
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KluFf
Full Member
Offline
Activity: 336
Merit: 100
Alfa-Enzo: Introducing the First Global Smartmarke
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September 11, 2017, 01:15:05 PM |
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yep. people say they get scam when they panic buy and then another day the price will go dump. that will make them lost hope and say the coin is a scam. Trading or buying is a sacrifice for all of us. thats why we need to learn the characteristic of the coin before we make a move.
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MMysterious
Sr. Member
Offline
Activity: 972
Merit: 255
Bear season or just the beginning
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September 11, 2017, 02:26:24 PM |
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Most of the pump and dump groups are scam because they tell you that this certain coin will pump but it eventually will not. They mostly hype coins which you have never heard of and regret after, that's why it is better for you to stay off of this group.
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stomachgrowls
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September 11, 2017, 04:55:16 PM |
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A lot of people say that they are a scam because the admins buy the coins before the pump and then announce the coins and once the price increases they sell them off while the members of the groups lose money. My question is why can't the members also sell their coins after the increase. A small profit is still a profit, right? You can still make small profit with pump and dump, yes you won't make 100% profit or even when 50% but you'll still make a profit. Please tell me why is my thinking wrong.
well most pump and dump groups turns to be a scam. because you didn't know when they dump the coins. if you smart enough sell it when you gain a little of profit. and don't wait for the signal That's what I'm saying. Make a profit and sell. Rinse and repeat. If youre lucky enough to enter on those prices which you do see that you earn some amounts then if you are not waiting for the signal and you are wise enough then you would do such thing.Exiting as soon as possible if you do see the chances but if you are completely blinded because of your greed then you will surely wait for their signal but the truth is you are just being used for them to make money.
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Salmen
Legendary
Offline
Activity: 1059
Merit: 1020
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September 12, 2017, 09:45:20 PM |
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The coins which have been announced in these groups, get pumped immediately. Opening the page and put an order is too late at the moment, a bot is useful for this kind of thing but not really the fastest method. The same is also for the dump, they are typically dumped within three minutes or less. The only one who makes the profit is the owner of the pump & dump group.
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Young Developer amidst Europe. Specialized in Web Programming and Creating Telegram Bots. Looking for a developer? Feel free to drop a mail to me. Running JaguarBitcoin - Your Place For Scripts
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Svelto
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September 13, 2017, 07:03:55 AM |
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A lot of people say that they are a scam because the admins buy the coins before the pump and then announce the coins and once the price increases they sell them off while the members of the groups lose money. My question is why can't the members also sell their coins after the increase. A small profit is still a profit, right? You can still make small profit with pump and dump, yes you won't make 100% profit or even when 50% but you'll still make a profit. Please tell me why is my thinking wrong.
well most pump and dump groups turns to be a scam. because you didn't know when they dump the coins. if you smart enough sell it when you gain a little of profit. and don't wait for the signal That's what I'm saying. Make a profit and sell. Rinse and repeat. The Pump and Dump take place very fast, you may profit unless you have the ability to be even faster. I suggest not to try, most people lost money.
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