Pump and Dumps

[TaylorMade69]

im new to this and Im wondering about these pump and dump channels on Discord
Is this just a scam or is it possible to take advantage of a pump?
Why are over 100.000 sitting in these channels if this is a scam?
please send meg your experience of this

[fourpiece]

im new to this and Im wondering about these pump and dump channels on Discord
Is this just a scam or is it possible to take advantage of a pump?
Why are over 100.000 sitting in these channels if this is a scam?
please send meg your experience of this

dont get fooled by those pump and dump groups ,you will only  lose your money.  I have a bad experience on those kinds of group especially on telegram. I tell you ,you will not get any profit when you join them.

[TaylorMade69]

I C but why are so many people still active on the channels?

[Partisson]

I C but why are so many people still active on the channels?

Is it possible if this does not make a profit for those who will remain on this channel, of course for some of these people to be profitable by pumping they will benefit in the market.

[numanoid]

I C but why are so many people still active on the channels?

Because those people are waiting their own team to pump shit token, then after other people get fooled, all of them starting to dump all of their token until it become worthless

[jossiel]

If you think that you can take advantage of them, you have been taken advantage by them already by joining and believing that they'll be up into something for you to make your trades better.

Don't get fooled by them and much better to trade on your own.

I C but why are so many people still active on the channels?

It's because they are encouraging people to be active but if you'll just leave them, it's for your own good.

[monalia]

Many paid telegram channels and discord cannels are around you so be careful before you are joining in that with your hard earned money.
If you want to keep it in better place you can make the money you can join at the exchange's official telegram group, there you can get the better choice to invest and rapid update also there.

[superving]

All the members on that group are just reviving thier dead altcoins, with the help of thier members especially the new ones who dont know what is the plan of that group. You wont get any profit they will only use your money.

[Cacingkemi]

I C but why are so many people still active on the channels?

There are many junk accounts have been created for profit purposes, Scammers. The pump group should be closed to members and should not be open on a channel, I can assume that all fake accounts are included at there.

[fallensky7]

Pump and dump groups artificially inflate the price of small cryptocurrencies in order to get quick profits at the expense of other traders like you. It is also expected that subscribers will promote Shitcoin on social networks to create buzz around it. In these groups, only those who created them mostly earn. The probability of making a profit is almost zero, stay away from them.

[leea-1334]

I C but why are so many people still active on the channels?

Mostly because the majority of them are bots. And then there are those also who join out of curiosity.

And then, this is something most people do not know,,, a lot of people were asked to join by a bot and so joined automatically because of their settings. I know because when I had Telegram I got invited and joined so many channels every day. I looked active because I WAS active but in other channels!

[milewilda]

im new to this and Im wondering about these pump and dump channels on Discord
Is this just a scam or is it possible to take advantage of a pump?

All of them are just scams but eventually you can make advantage of it but pointing it out on the time you joined
either earlier or too late is really hard.If you can risk then its your choice but if i were you,better not to make any movement at all.

Why are over 100.000 sitting in these channels if this is a scam?
please send meg your experience of this

Most of them are just bots and showing off those numbers are just for show for someone to believe that the community is legit-lookin.

[Ridwan Fauzi]

You don't need someone else to get profit for your investment, just do with yourself and make an analysis based on your ability. Pump and dump group are scams as far as I know, they scams people by telling everyone to buy a large amount while he bought the coin first. So as they get profit with the desired target, they will sell it in large quantities without telling it to others people. For newcomers I only suggested to avoid these groups because it is not good for your investment especially for your money. Find a speculation who made by some people who has a credibility if you got it you can strengthen it with your analisyst.

[TaylorMade69]

what is the best pages to follow changes in the market?

[pealr12]

what is the best pages to follow changes in the market?

Go to https://coinmarketcap.com
You can search everycoin, exchanges ,newly added coins and the top gainers and lossers this day ,

[tenebriscaelum]

I have been in the cryptocurrency market for more than two years and I do not see the benefit in joining pump and dump groups for some reasons.

First, these groups will make hype to a certain token for you to try to invest to it then dump the token without warning. Making you lose your investments.
Second, pump and dump groups are not very healthy in the crypto market as the pump that they bring is not natural to the market. For instance I have seen a token that suddenly peaked at 7000% if its current price to suddenly dump to the current price just hours of its sudden pump. Then that token tried to recover 300% of the current price so that the investors that bought at its peak to recover only to realize that the token cannot recover back its peak price. Imagine that you are one of the traders or investors that bought at the peak of that token and suddenly it dump, all of your investments will be gone.

[diazepam666]

If you want to join such channels, please note that there are some traps available for you.

Those will not be helpful all the time, may be some channels give 60 percentage correct speculation on your picks but never know that such give the random numbers or doing fake bump and dump there on the trading site.

[Roukawa]

im new to this and Im wondering about these pump and dump channels on Discord
Is this just a scam or is it possible to take advantage of a pump?
Why are over 100.000 sitting in these channels if this is a scam?
please send meg your experience of this

If you are a total newbie, I advise you not to pay and join any group. There are lots of groups out there giving free signals.
For newbie to participate in a pump and dump group is bound to get rekt as you may be a little slower to buy when everyone is about to sell.

[Johnzky]

im new to this and Im wondering about these pump and dump channels on Discord
Is this just a scam or is it possible to take advantage of a pump?

Never get fooled of this kind of channels because most of them are scams so best if you don’t believe what they are saying

Why are over 100.000 sitting in these channels if this is a scam?

It’s not about the quantity mate,not because there are many people inside means this is legit,remember scammers are more productive than us just to lure victims

please send meg your experience of this

Never had a chance to trust them so I can tell any experience but I can vouch for the posts and thread I’ve read here in forum against pump and dumps

[Dudukian]

I participated in one today.  My first ever.  It took me 20 seconds to get my order in, and by that time it rose 110% , so I decided to just buy $18 worth.  After 10 seconds , I figured it was going to quickly fall , so I sold for a 10% gain. $ 1.85.   Sure enough , a minute later it dropped 60%.  

     I don't think these things are very good for any one except the people that run them.  They probably buy their coins days in advance at good prices and already have their sell orders in place before it starts.  They really don't have to worry about losing anything.  It seems a bit unethical to me.  We sell at highly inflated prices knowing it isn't real at the expense of others that end up losing big.  

             For everyone except the owners,  its easy to get hurt in these .   I would have lost 50% if I would have held for another 45 seconds.