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Author Topic: what do you think about pump and dump?  (Read 8650 times)
royalbittinz
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August 14, 2018, 12:43:18 AM
 #441

This method is a HUGH Scam... Don't fall for it.
The only people that make money from "Pump and Dump"
trading are the admins of any telegram group that is promoting
any particular trade.

There are lot of crypto traders that have been burnt and most
of them are newbies or some greedy traders that feels they can
act smart to win with the scheme.

It's not advisable for anyone to be part of such scheme
and lets all put hands together to educate newcomers to
the crypto world about this scam scheme...

You can't win because 95% of those that partake in the
schemen get burnt...
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August 14, 2018, 01:33:49 AM
 #442

Pump and dump (aka P & D) is a very risky trade trend you can hardly catch up with. Most times, trading P & D get you burnt seriously. I have experimented with it and the results wasn't so good.
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September 24, 2018, 09:20:00 AM
 #443

There are alot of pump dump group out there, and we can see the price action of many crypto that was going up so fast  and down with short times as well, that thing because the price was pumped by many trader and then dumped. We can not avoid pump and dump in crypto market because this is possible to do just because the market cap of crypto very small.

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September 24, 2018, 10:59:01 AM
 #444

Pump and dump benefits the people that started the pump, my experience I have tried pump and dump and I am always get dump on, though sometimes you might be lucky to get some gain, but the chance is normally high, So what I think about pump and dump is simple, just stay away from it. It could cause pain to you when you get dump on

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September 24, 2018, 11:02:36 AM
 #445

If you are referring to groups that are said to have the influence to pump and dump coins, that is practically stupid. If you think they really have the capacity to manipulate the prices of the coins, you are definitely wrong. So you better do your own study and analysis on the high and low movements of the coins. You are much safer that way.


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September 24, 2018, 11:39:23 AM
 #446

Its definitely not good for the over all trust about the cryptocurrency system. People starts to think that its a ponzi scheme to scam them with pump and dump. Never get into any of those groups if you meant that.

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September 24, 2018, 12:02:34 PM
 #447

what do you think about pump and dump?  did you ever trade on pump and dump event? can you give few tips for how to make money from this events? what i need to look for?

Money can be made with trading pump and dump. There are certain things you must know about pump and dump coins. The coins were created by the project owners for the purpose of making fast money of the cryptocurrency space. For ypu to make money through this system you must be  (1) A member of the team, (2 ) Or you know somebody in the team who is an insider. (3) you must be internet ready and available at any time to trade. It is only the team members who knows when to pump and when they will pullout from the market. If you do not have this insider information you will be among those that will be filling their wallet.

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September 24, 2018, 01:18:39 PM
 #448

what do you think about pump and dump?  did you ever trade on pump and dump event? can you give few tips for how to make money from this events? what i need to look for?

It is more appropriate to buy cryptocurrency when Dump and sell it at Pump.
Because when buying red when there may be a possibility that the cryptocurrency will return to its price and become Green.

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September 24, 2018, 01:21:58 PM
 #449

whether you agree or disagree with the morality of it, all markets are manipulated and people are going to benefit from said manipulation, better be one of them than not.

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September 24, 2018, 01:48:28 PM
 #450

In my opinion, the market is currently in a downward spiral, as the price of coins has been steadily decreasing, perhaps in the near future the price will rise sharply and that is offsetting the opportunity for us to wait.

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September 25, 2018, 12:22:09 PM
 #451

Cryptocurrency market now very violent because when market going to pump and when market going to dump no one can guess before pump and dump. Market is always pump and dump because this is a rules of cryptocurrency. If you follow cryptocurrency news so you can get some prediction but always this prediction not works properly. There is some telegram group and you can get some tips here for coin pump and dump.

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