Pump and Dump

[reformed trader]

Iam new to the trading game here--in stocks the 3rd party will pay for the pump and dump--how do he promoters make money here besides buying in advance

are the ever paid by the companies?  Do they collect member fees>?

Thanks

[SilArt]

Iam new to the trading game here--in stocks the 3rd party will pay for the pump and dump--how do he promoters make money here besides buying in advance

are the ever paid by the companies?  Do they collect member fees>?

Thanks

There's no promoters IMO, only trade movements decide what's happening with the coins. Sometimes pump /dump is based on some news, sometimes they come out of nowhere...

[reformed trader]

Thank You

I hear about these groups charging 2 coins to join their group, is this common?

[ETCethereum]

Thank You

I hear about these groups charging 2 coins to join their group, is this common?

what is group pump and dump youre promote ?
only join must pay 2 bitcoin

[inthelongrun]

I do not have enough knowledge regarding stocks trading. But in crypto there are really pump and dump groups. I have not joined one but I have seen several promotions and invitations to join a group. Basically, they are there to somehow manipulate the market. The group will for example buy in bulk a certain cheap coin. The result is that there is pumping in price because the demand significantly increases. And then they dump because the price is already high, causing the price to dump as well. And then they buy again.

[Cacingkemi]

I have received several invites from friends on twitter about the group pump and dump team,They charge me if join and successful trading with team.But I do not believe its that easy,I must first see its performance and If the coin team pump/dump success,I would consider his invitation..