Who bought pumping coins?

[Catmony]

From pump and dumps groups only owner of the group will be benefited.

They will use trading bots and pre-buy the coin before announcing in the group.

When others will rush to buy that coin, owner will dump their pre-bought coin at peak price (at buy orders of other newbie traders).

[alihassan99]

I entered Crypto market for 2 months and usually see the term "pump and dump", and some P&D groups. But i wonder they pump by selling and buying themself, so when price go up, who will buy it for them and they sell that for who???
With Blue-chip coins, someone could buy when it've pumped already because of good news. So with trash coins, who'll buy this pumped coin and why many PP&D group still live until now

i will always suggest dont put too much in pump and dump coins. Nowadays there are many projects which dont even have active dev team and mostly disappeared after the airdrops. Different Youtubers pump them and got their share while many lost their money in it. Only some got a good profit from them. After their dump they are mostly dumped forever
Check the ongoing airdrops of DeepOnion. Their airdrops are going best.

[miyaka26]

I entered Crypto market for 2 months and usually see the term "pump and dump", and some P&D groups. But i wonder they pump by selling and buying themself, so when price go up, who will buy it for them and they sell that for who???
With Blue-chip coins, someone could buy when it've pumped already because of good news. So with trash coins, who'll buy this pumped coin and why many PP&D group still live until now

I'm glad you knew that PD selfish groups, don't you try to come across nor turn your interest on their useless coins, the only thing that they want is your money to put on a specific coin that they are pumping, wait for the signaling reasonable drooling price that makes their eyes look like a USD dollars then the whole group or bots will sell their coins simultaneously leaving their nesting trap coin dump. That is their common tricks to attract investors and newbies in crypto world.

[drachman]

I entered Crypto market for 2 months and usually see the term "pump and dump", and some P&D groups. But i wonder they pump by selling and buying themself, so when price go up, who will buy it for them and they sell that for who???
With Blue-chip coins, someone could buy when it've pumped already because of good news. So with trash coins, who'll buy this pumped coin and why many PP&D group still live until now

Pump and dump groups most of the time have two layers, they have the leaders that know beforehand which coin they are going to pump and there is the sheep that obey what they are told, the leaders buy the coin they want to pump for cheap prices trying to not make the price rise too much, then they give the signal and the sheep begin to buy then the leaders sell and they get money, most of the time the sheep lose money but if an even greater amount of people get interested in the coin then it is even possible that the sheep earn some money too, it is a scam and you must avoid it.

[Dart18]

I did. Went with the wave and got greedy thinking it will rise more.
I dont regret it though. I still see that certain coin will pump in months to come.
The service is good that is why I got hooked to it. It is just that all altcoins went down including bitcoin itself and ethereum. I will still be waiting for it to be priced at where it should be.

[milewilda]

I entered Crypto market for 2 months and usually see the term "pump and dump", and some P&D groups. But i wonder they pump by selling and buying themself, so when price go up, who will buy it for them and they sell that for who???
With Blue-chip coins, someone could buy when it've pumped already because of good news. So with trash coins, who'll buy this pumped coin and why many PP&D group still live until now

You are asking a kinda pointless question.
There are many investors focused only on penny altcoins that are often pumped and dumped.
If there were no penny altcoin investors,the pump&dump method won`t work and no P&D groups would survive.Those investors don`t care about the "trash" altcoins.They care only about the short term profits.

You are actually right they dont really care if the coin is trash but most of those coins being pumped out are those the ones that can easily be manipulated or with low marketcap and entire supply. Pump and dump groups are common and most of them arent small time investors which most of them are whales who do have the capability on pumping out or even dump hard a particular coin as they like.

[drachman]

I did. Went with the wave and got greedy thinking it will rise more.
I dont regret it though. I still see that certain coin will pump in months to come.
The service is good that is why I got hooked to it. It is just that all altcoins went down including bitcoin itself and ethereum. I will still be waiting for it to be priced at where it should be.

It seems you got deceive it is very unlikely a coin that has been pumped and dumped is going to recover the value at which you bought, most of the time those groups select coins with a low market cap and that are very stale in their development, sometimes the best you can do is to accept your losses and move on, since you are not only losing money but wasting time by every second you remain invested in that coin.

[olubams]

I entered Crypto market for 2 months and usually see the term "pump and dump", and some P&D groups. But i wonder they pump by selling and buying themself, so when price go up, who will buy it for them and they sell that for who???
With Blue-chip coins, someone could buy when it've pumped already because of good news. So with trash coins, who'll buy this pumped coin and why many PP&D group still live until now

You don't understand how it works when they pumped the coin, the price starts increasing and if you are online at that point in time you are just wondering how its increasing and the exchange site with statistics will show you how that coin has done in the last 24 hours. People who buy are those who believes that as it is increasing, I can hop in then cash out no knowing that the upward turned is artificial and cannot only be sustained short term.

[bitcoin31]

Sometimes I will buy a coin who the price is increase brcause If I see the movements is good,  I will buy it because the price increase more for sure if tou see that and I will make some profit.  But usually I will buy a coin who the price is cheap so we can make more profit because once the price increase I will make more profit.  They have advanatages of buying a coin who pump and dump it's your choice what coin did you buy.

[jmlona]

I entered Crypto market for 2 months and usually see the term "pump and dump", and some P&D groups. But i wonder they pump by selling and buying themself, so when price go up, who will buy it for them and they sell that for who???
With Blue-chip coins, someone could buy when it've pumped already because of good news. So with trash coins, who'll buy this pumped coin and why many PP&D group still live until now

Newbies who have an overwhelming sense of FOMO. They see something that's gone up 100% in a day and think it will continue for ever so they hop on in and then they complain when they lose out.

[drachman]

I entered Crypto market for 2 months and usually see the term "pump and dump", and some P&D groups. But i wonder they pump by selling and buying themself, so when price go up, who will buy it for them and they sell that for who???
With Blue-chip coins, someone could buy when it've pumped already because of good news. So with trash coins, who'll buy this pumped coin and why many PP&D group still live until now

Newbies who have an overwhelming sense of FOMO. They see something that's gone up 100% in a day and think it will continue for ever so they hop on in and then they complain when they lose out.

This happens all the time, newbies are too excited when they enter the market and think they can make a fortune in just a few days when most of the persons that got a lot of money have been in the market for years, then when you try to give them and advice telling them it is not easy they always tell you a story of someone they know that invested in some coin and became rich very rapidly, so when that happens I just let them do as they please, they are going to regret it sooner or later.