I had just seen this video and I had an idea.
Pump & Dump Cryptocurrency Altcoin Groups
https://www.youtube.com/watch?v=MD71I2XgvcI&t=334sHe says that in this pump&dump groups almost only the admin wins.
Such a Pump & Dump only takes a few minutes, people are too slow.
My idea.
Program a binance bot that checks all coins every X seconds.
If a coin shoots extremely high:
- the bot will buy
- wait until it gains XX%
- and sell again
Would that work?
Programming something like this is simple/fast.