A Newbies Guide to Pump and Dumping

[alpha492]

At wallstreetcrypto, and @Cryptoforex we've been studying the patterns of pump&dumping awhile.  Although this isn't a comprehensive report on the anatomy of P&D's for those just getting into trading this should serve as a pretty good guide on how to benefit without getting burned.  Check it out, let us know what you think, and what could be added.  Thanks!

http://www.wallstreetcrypto.net/2013/12/like-stock-market-days-of-old-of.html

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[LiteCoinGuy]

benefit without getting burned: be the scammer.

[cdtc]

Very good article, always monitor the market and price fluctuation and you should not get burned.

[alpha492]

Very good article, always monitor the market and price fluctuation and you should not get burned.

Thanks I appreciate the feedback!

benefit without getting burned: be the scammer.

I think the point is more that its gambling then actual trading.  If you know what your in for its difficult to call it flat out "scamming" but you have to know that the house always wins.  Read the article, the "collective effort" claims are addressed.

[Jcw188]

Similarly, I have read that when you get info in the mail on penny stocks you'll want to usually avoid them.  The price tends to be highest when they are sending out the info and then it will crash shortly thereafter.  Just generally speaking.

[alpha492]

Similarly, I have read that when you get info in the mail on penny stocks you'll want to usually avoid them.  The price tends to be highest when they are sending out the info and then it will crash shortly thereafter.  Just generally speaking.

I've never heard that but it makes sense, thanks!

[alpha492]

Article just hit 1k views, one of our more popular ones.