Hi!
I decided to share my review and experience I had with my first pump as a Premium Member of PumpMyCoin:
I was unfortunately too late to join the first pump, but things did seem a bit confusing... especially not knowing exactly when/where/how to make the 0.002 BTC payment to vote.
Turns out that if you join the voting in time (before the pump starts) you simply need to sign in and vote, and once you've voted you follow the steps to send the 0.002 BTC payment. Pretty easy actually.
It's important to set your alarm based on the countdown they have on the website and even more important to join the official Slack group. I didn't receive the invite to the "private election 02" channel after sending the payment, but finally got it after joining the group and asking about it (which took 10 min. at the most)
Ok, now getting to the important part:
20 minutes before the pump I went ahead and opened 5 tabs on Yobit for each of the top voted coins. At this time I realized that 4 of the top voted coins already were undergoing some kind of pump (or have been for a while at least)... but I guess this could happen with any coin at any time. Anyway... the private channel announced the winning coin exactly 2 minutes ahead of time and at the same time announced that the current price was at 0.0000000020 and that we should buy NOW. So... since seeing the announcement and clicking on the right browser tab (no more than 4 seconds), the best price available to me was 0.0000000044 so I just used 0.01 BTC and set a selling price of 0.0000000066
After a few minutes of keeping an eye on the Slack group we were told that it's best to set our selling prices to 0.0000000050 and then again after a few more minutes we were recommended to up it to 0.0000000060 which was basically when the dump was done. I guess I was just too slow to catch the 0.0000000020 price
This makes me wonder... it's probably a waste of time for anyone who's not a premium member... because that 2 minute heads-up makes all the difference.
So, in my particular case I didn't have enough BTC to make a decent profit (at least I didn't lose)... and I'm confident enough that it works and will definitely join PumpMyCoin's next vote & pump.
Best of Luck!!
-chuck
