Hey guys,
last days i got invited to a discord group with 144.000 users. They "pump" coins i havnt even heard about it before. Well i did some research and tryed it one time. I had 14% profit on 1 trade, was it just luck?
does anyone of you guys do "pumps"? Thanks for your info
https://discord.gg/XGqZ544Since there are 100k+ users then this is risky, because how I think this scheme works is that there are a small group of people that are leading this, what do they do is buy a coin, then post the message that it is a good coin to invest, so the price gets pumped, then they sell at this price by getting a high profit, then they start dumping the price and the last people who "joined lately" this train will get damaged by buying this overpriced coin.