Pump and Dumps

[imstillthebest]

100k members ? Woah thats too huge but after i see this numbers i automatically think that the group is fake and the memebers were also fake  .

 you know its easy to make telegram accounts or shall i say dummy accounts and use it for a shady purpose like selling them and using them on your own channel to attract people and to scam them  .

anyways,  there are still legit pump and dump groups but they are usually not free   . just take a research before joining one .

[b3llsf1l3s]

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

Whether newbie or not, it would be better if you avoid this group group, 90% Pump & Dump was not done by those who want to get profits like this, because in addition to requiring Internet speed and response, in the end it is also inferior to those who use some kind of BOT. Those channel just want your registration money.

[Galantin]

Well, yes, if 100. 000 people are diluted by $ 200 or $ 10,000, the price is not bad for growing) and you calmly sell what you need at a high price. I think this is a scam. Now the groups are swinging bots.

[pealr12]

100k members ? Woah thats too huge but after i see this numbers i automatically think that the group is fake and the memebers were also fake  .

 you know its easy to make telegram accounts or shall i say dummy accounts and use it for a shady purpose like selling them and using them on your own channel to attract people and to scam them  .

anyways,  there are still legit pump and dump groups but they are usually not free   . just take a research before joining one .

Im not surprised if the group has 100k members , some.are bots and those existing members can easily add users of telegram as many as they can but it doesnt mean that thier group is legit.

[bluesnup]

Pumps and dumps are a scheme and this is known, groups like these are only used to get into a certain token and leave you with it. The real groups where you do this are extremely private and wouldn't become public that easily.

If you want to avoid the damage of those groups trade on a dex like Switchdex.ag where you put the price you want for your tokens and your order can wait out the storm caused for the groups

[painmaxx]

Any transaction related to money is a scam or, to put it simply, a pyramid built by banks. It seems to me that there is a future for cryptocurrency and there will be growth, only one cannot predict what and how much.

[oleganpetro]

All these groups are trying to just cling to you, and then you will sit with coins purchased at a high price. And this is not an option that you sell them later, at least at the price purchased.

[CryptoCraze11]

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.

This is the best advice on such groups. I have many in my list who have gained nothing but lost money on such groups. Stay away from such groups even if you see one million people there.

[BitBustah]

Don't ever join any of those paid crypto groups, 99 percent chance they are a complete scam.  by the time you purchase the coin they tell you to buy they are already dumping on your head.  I recommend to just buy and hold btc if you want to be safe.

[Gaggy185]

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.

In my opinion, I think that the signal of the cryptocurrency market is prediction and not have any rule. The paid group in Telegram and Discord is useless and not help you to make money so that you should be careful to join and pay for becoming the member. I think you should create a poll in Bitcointalk to ask about the signal and you will receive a lot of good answers.

[BitBustah]

Also a really good thing to do is to leave seriously low buy offers on coins you want to purchase in case a whale comes and does a major dump which causes a flash crash.A big example of this is when ethereum was $300 it flash crashed to 10 cents very fast on an exchange.

[y_stars]

Even if it was a possible way for you to make money, don't get involved in that. It's just completely scummy, trying to trick people into losing all their money. Completely self focused actions.

[numanoid]

Don't ever join any of those paid crypto groups, 99 percent chance they are a complete scam.  by the time you purchase the coin they tell you to buy they are already dumping on your head.  I recommend to just buy and hold btc if you want to be safe.

Also a really good thing to do is to leave seriously low buy offers on coins you want to purchase in case a whale comes and does a major dump which causes a flash crash.A big example of this is when ethereum was $300 it flash crashed to 10 cents very fast on an exchange.

Would you stop spamming for your signature sake? Posted 2 times in different days on same thread with different posts

[alphaboon]

I tried one but finally discovered that there are even any liquidity in it.  I stopped at that and thank goodness.

[tenebriscaelum]

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.

It never was and it never will as they do not even give signals to its members, meaning that you are really just giving them your capital. It ia a good thing though that you have quickly traded it back in which you have got some gain from it, as if you were a tad bit late then you have lost as you have said. And may it be a lesson to others to not trust such groups.

[Krislaw]

im new to this and Im wondering about these pump and dump channels on Discord

Don't following any channel pump or dump coin, it's possible went to scaming you. You will loss your money, when you bought it they will sell it.
No, it's washing your time. if you can trading just hold your asset for long invesment.

[Mame89]

One mistake I made was to join a channel like that, at first it was very convincing, but after several times following directions from them I finally fell into a lot of losses because of what they said that one of their coins recommendations would go up but actually happened is that instead of this experience I finally decided to leave the channel and decided not to always depend on certain channels even though there were many members who joined there because they were not all real.

[mamesso]

im new to this and Im wondering about these pump and dump channels on Discord

Don't following any channel pump or dump coin, it's possible went to scaming you. You will loss your money, when you bought it they will sell it.
No, it's washing your time. if you can trading just hold your asset for long invesment.

There are several channels that pay but provide benefits. they use watshap to give a signal.
not all channels are bad, only have to analyze whether this is profitable or not.

[leea-1334]

One mistake I made was to join a channel like that, at first it was very convincing, but after several times following directions from them I finally fell into a lot of losses because of what they said that one of their coins recommendations would go up but actually happened is that instead of this experience I finally decided to leave the channel and decided not to always depend on certain channels even though there were many members who joined there because they were not all real.

I guess we have all made this same mistake,,, but to be honest, we had no idea it was going to be a mistake. I would say that as long as we learned that these channels were mistakes and that they were all tricks, then we should not be too worried. I believe that knowledge and learning is important and maybe some of us paid for it with a high cost and losses, but at least we know not to repeat it right?

[tukagero]

Its a pure scam, never believe in pump and dump groups on telegram or even in discord. They will pump thier own shitcoins and just waiting for thier members to buy that coin,so they can dispose thier shitcoin.