is this excellent strategy to trade

[taiwww]

to get bitcoin quickly by trading Bitcoin with altcoin and other cryptocurrency in the market and promoting it on social media to get many new investors and make the price go to the moon and after the price of altcoin and cryotocurrency is on the moon, can sell all assets in the market to buy cars Lamborghini.

Is this a good strategy?
I got this strategy from my friend

What you are proposing sounds very similar to pump and dump tactics, in which a  group of people begin to buy a coins cheap and then they begin to promote their knowledge to a group of people and then they reveal the coin everyone needs to buy and then they sell for a profit, not only this practice is immoral, it is illegal as well, do not do it or face the consequences.

It doesnt sound like pump and dump tactics because it is pump and dump activity itself. 

Its just the artificial way of manipulating the crypto currencies and to be frank whales use this technique on wide range of altcoins and bitcoin itself to manipulate and profit themselves with its margins.

Also social media publicity wouldn't work because thats not the thing like airdrops, ICO projects or products or service which people will try out immediately. So may be difficult to see that option working out.

[newinbtc]

to get bitcoin quickly by trading Bitcoin with altcoin and other cryptocurrency in the market and promoting it on social media to get many new investors and make the price go to the moon and after the price of altcoin and cryotocurrency is on the moon, can sell all assets in the market to buy cars Lamborghini.

Is this a good strategy?
I got this strategy from my friend

this is not a strategy. You need lot of investment in advertisement for social media, find Investors who will invest and what is guarantee after advertisement they will invest in your coin. This game is normally played by alt-coin owners. Seems , Your friend is owner of an Altcoin or he is a member of some telegram group where he listen the word pumping. its the part of pumping only
you need a Big investor which called A Whale who will eat all limit buy orders and price will up by 1000% . This is marketing trap now days everyone know about this

[Ledy Alise]

Ways like this never last long. You may be lucky for few times maybe, but you can't build a business on it, which, by the way is cryptocurrencies main aspect - to build a stable, lasting business.

[fabrizoc]

to get bitcoin quickly by trading Bitcoin with altcoin and other cryptocurrency in the market and promoting it on social media to get many new investors and make the price go to the moon and after the price of altcoin and cryotocurrency is on the moon, can sell all assets in the market to buy cars Lamborghini.

Is this a good strategy?
I got this strategy from my friend

It could be a good strategy in crypto trading, but it's not easy to convince other people to invest in cryptocurrency, specially those people who are not familiar with it. But you can wait until the price of your holdings will rise and sell before it will dump, to be able to earn more profit.

In such cases, you should let them see your account details. Tell them how they were before joining bitcoin world and the Rupert they are now giving. Physical evidences are always strong and strengthen the concept. Definitely people wouldn’t start believing on a thing that isn’t even visible to anyone. So, their trust breach is natural but do try your hard to make things better for them.

Yeah physical evidences are always strong. And definitely they are just like you, likewise they need to become like you at the end of their journey. And we all are always oriented towards money earning. So connect these dots and make a chain. Like you have got something extraordinary from bitcoin, tell them and show them evidences, your bank account details.

[Tamilson]

to get bitcoin quickly by trading Bitcoin with altcoin and other cryptocurrency in the market and promoting it on social media to get many new investors and make the price go to the moon and after the price of altcoin and cryotocurrency is on the moon, can sell all assets in the market to buy cars Lamborghini.

Is this a good strategy?
I got this strategy from my friend

That isn't a strategy I think because you're helping nor creating a hype and those FOMOs will surely be trap here. Obviously, you can benefited here but what about those caught on your trap? They'll loss the money and eventually you'll hit your conscience because you're deceiving people. So if you can stop this then better because you'll never know when karma hit you.

[flash101k]

In trade always choose the long-term investment portfolio, this will help you ignore the anxiety and dread when the market goes down. You do not need to worry, -and you have to buy it, then put at higher prices and wait for orders to made.

[earnadoge]

The way these ICO's and new stand alone coins are advertised, and described on their websites, the pump and dump can happen naturally too.  They hype it up that its the best new thing an that the coin will be able to do all these things, and than nothing happens.  Let's take coinpoker as an example, it was hyped up, people believed in it, I believed in it, and what do we get, a recycled all grey poker client, strange kyc from another startup that requires last gen phone, unnecessary wallet verification that no one else requires.  If we got bodog or 888poker quality poker with no kyc things would of been different I think.  Pumping up a coin to a point where you can buy a Lamborghini is probably not a simple task, and there is a risk that you're the one who'll get dumped too I think.     

[DonFacundo]

If you are famous crypto trader or a crypto youtuber with many subscribers or followers maybe it's a good strategy for you, all your followers will buy that crypto because they believe in you that it will mooning.

[junglist.massive]

This strategy is good for marketing but it's not too good to get bitcoin quickly. There are many other ways to get bitcoin faster like stacking or masternode. If you want to get bitcoin faster through trading you should start choosing a few coins with potential, you analyze the coin price before the current price, the development of the coin, the community, and the news about the coin.

[Kokondao]

Yes, that's right and I think that is indeed a very good strategy to always get a lot of profits in trading, because it can get multiple profits.

[binhvo1505]

to get bitcoin quickly by trading Bitcoin with altcoin and other cryptocurrency in the market and promoting it on social media to get many new investors and make the price go to the moon and after the price of altcoin and cryotocurrency is on the moon, can sell all assets in the market to buy cars Lamborghini.

Is this a good strategy?
I got this strategy from my friend

I do not think that is a good option because there are many fraudsters in the market right now. If your options are good enough and profitable, the whales do not put that profit into your hands. so you should consider.

[Aivaryamal]

The most profitable strategy is first of all to find and study good cryptocurrencies supported by real activity, to invest in them and to fix strictly profit at achievement of 100% of profit on each of them

[shashikamal]

Obviously not a good way & it cannot be called as a strategy. It's a dishonest path to earn money. Let's see why? If your project has no value, No working product & just aiming to collect new investors, It's breaking the credibility of business & making people fool only for money. If you fell in same situation you might ended up with huge stress with many other problems. But you have been careful to post this point here & can earn money in this crypto space with Trading, Holding, Doing Airdrops & bounties etc. If you are very well aware of what you are doing in the crypto field you can earn more money with patience.

[manggis97]

I did promoting advantages of crypto in social media but my purpose is crypto community keep bigger and demand of it will be increase in the long term. I think many people around the world does not know how crypto work and what the benefits of it. On this bearish market if they jump in to crypto now so they will make alot of profit in next year. Make invest now in crypto and hold it in maximum  1 year is very promising high profit,  but offcource iam not financial advice,  just want to give some good information about future of crypto to the many people who does not familiar with crypto.

[leonix007]

If you are famous crypto trader or a crypto youtuber with many subscribers or followers maybe it's a good strategy for you, all your followers will buy that crypto because they believe in you that it will mooning.

even a famous crypto trader won't honestly engage on such risk, it may back fired it on his face

the CNBC example as a famous tool for fuds

that everytime they have a call or a prediction to be bull, an opposite always happen

An experienced Crypto Trader knows this, if gets F*cked up, followers will leave him worst curse him

[tulezua]

If you are famous crypto trader or a crypto youtuber with many subscribers or followers maybe it's a good strategy for you, all your followers will buy that crypto because they believe in you that it will mooning.

even a famous crypto trader won't honestly engage on such risk, it may back fired it on his face

the CNBC example as a famous tool for fuds

that everytime they have a call or a prediction to be bull, an opposite always happen

An experienced Crypto Trader knows this, if gets F*cked up, followers will leave him worst curse him

I also agree with your opinion. This is not a good strategy, but it is based on media reports that Bitcoin is devaluing, Bitcoin is a good deal but there are also issues that will increase the number of frauds.