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Author Topic: Is Crypto Pump Island a scam or legit?  (Read 1252 times)
user5001 (OP)
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October 08, 2019, 07:41:23 PM
 #1

hey guys,
i found this group called "Crypto Pump Island" on telegram..
They are doing Pump and Dumbs....and are selling a Premium Membership.
So my question is: is this Premium Group worth it ? And has anyone of you any expierences with this premium group ?
thanks in advantage
leowonderful
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October 08, 2019, 08:04:13 PM
 #2

Don't do it, especially if you need to pay for access to their information. The real money's being made by the people operating the group and running the so-called pumps and dumps, and even with information on when the group's trying to manipulate prices, there's really no guarantee you'll even make money. It seems attractive at first, but groups like these are almost never worth it in the end.
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October 08, 2019, 09:33:29 PM
 #3

hey guys,
i found this group called "Crypto Pump Island" on telegram..
They are doing Pump and Dumbs....and are selling a Premium Membership.

Based on that name alone, I wouldn't touch it with a 10 foot pole. Roll Eyes

Logic says these groups only exist so their insiders and admins can dump on their followers. They aren't pumping anything. It's the oldest trick in the book, going back to the Fontas days on BTC-E.

The paid membership brings them some money but its real value is separating the gullible from everyone else.

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October 08, 2019, 10:03:13 PM
 #4

hey guys,
i found this group called "Crypto Pump Island" on telegram..
They are doing Pump and Dumbs....and are selling a Premium Membership.
So my question is: is this Premium Group worth it ? And has anyone of you any expierences with this premium group ?
thanks in advantage

Don't do it. What they're going to do is get you to not only pay them, but take whatever it is you paid them and buy whatever coin they're going to pump and then list it at a higher price. Then, they'll announce the coin on their Telegram page or wherever and the users in the group will purchase the coins they listed. If you're one of the last to invest, you're pretty much screwed. It's pretty much a pyramid scheme where only those at the top of pyramid turn a profit. There's no guarantee you'll make anything unless you get in at or near the price they got in at.
error08
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October 08, 2019, 10:28:41 PM
 #5

There are plenty of altcoins and massive amount of shitcoins, they are the ones responsible for pumps and dumps those shitcoins that benefit a few especially themselves but many people in the telegram dumps incur losses because they have bought some coins and then telling the group to pump it, when the price spike up, they will sell first.
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October 08, 2019, 10:32:22 PM
 #6

hey guys,
i found this group called "Crypto Pump Island" on telegram..
They are doing Pump and Dumbs....and are selling a Premium Membership.
So my question is: is this Premium Group worth it ? And has anyone of you any expierences with this premium group ?
thanks in advantage
They will pick you a likely dead token / coin which has very low trade volume. After that, they will set the time when they will pump that token/coin, you are told to buy first and then wait until they make a pump, if you are lucky, you will get huge profit from that, if not or nothing happens, you will lose lot of money due to no one interested to buy
jhenfelipe
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October 08, 2019, 10:33:38 PM
 #7

I have no experience and will not even try in the future. My suggestion is, instead of paying them, use your money to explore trading yourself and learn ("Experiential learning"). It would be much better than listening to anyone dictating you when you are going to buy or sell your holdings.

Leaving this here → How Cryptocurrency Pump-and-Dump Scams Work
PS. This is not to advertise, I am not in anyway connected with that site, it's just a good read that's why I share
deadsilent
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October 08, 2019, 10:41:05 PM
 #8

hey guys,
i found this group called "Crypto Pump Island" on telegram..
They are doing Pump and Dumbs....and are selling a Premium Membership.
So my question is: is this Premium Group worth it ? And has anyone of you any expierences with this premium group ?
thanks in advantage
Nah. They're not worth the money you pay to them. You're just throwing money. Channel that provide signal are BS. I have joined a lot of them and none of them are accurate. Be careful on these kinds of groups because it could lead you losing your money. Market is so volatile that even good analysts out there have mistaken.
AjithBtc
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October 08, 2019, 10:54:16 PM
 #9

More such groups can be found on Telegram with different names. Don't fall as a prey to them getting membership, you aren't gonna get any benefits out of the group. They themselves describe as the people behind each and every market move happening with bitcoin and other cryptocurrencies. Through this channel you'll also be requested to join different other channels that provide trading signals.

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October 08, 2019, 10:54:53 PM
 #10

hey guys,
i found this group called "Crypto Pump Island" on telegram..
They are doing Pump and Dumbs....and are selling a Premium Membership.
So my question is: is this Premium Group worth it ? And has anyone of you any expierences with this premium group ?
thanks in advantage
1) I don't know if you notice that most crypto scam lately is happening on telegram.
2) All the pump and dumb groups I have known are only a group purpose to make people adopt their leftover or pet coin, they literally get richer while their follower are set as prey.
3) I don't have any experience with them but 99.9% of the pump and dump group are scam and don't worth joining.

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Herbert2020
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October 09, 2019, 07:19:33 AM
 #11

is a "pickpocket" an honest "legit" person?
it is the same with "pump and dump" groups. by nature they are scammers that are not manipulating the market but instead they are manipulating the people who visit their channels and read their content. you shouldn't confuse the pump and dump "group" with the "act" of pump and dumping. you can make profit if you find a pump on your own but you will definitely lose money by going to a group.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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October 09, 2019, 07:39:55 AM
 #12

I don't know about the telegram group "Crypto Pump Island" which is clear I have never been in a premium group that only benefits the highest number of people, to pump and dump only 20% that they use is not completely controlled.
akamit
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October 09, 2019, 09:17:22 AM
 #13

It's a DO or DIE thing for those who follow any P&D groups. The gainers are only those who are associated with the group, I mean the syndicate team only.

Followers/members are just part of the nasty game and these peoples losses their money 98% of the times. Smart peoples don't join this type of thing. Smart peoples thinks logically.
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October 09, 2019, 09:47:33 AM
 #14

hey guys,
i found this group called "Crypto Pump Island" on telegram..
They are doing Pump and Dumbs....and are selling a Premium Membership.
So my question is: is this Premium Group worth it ? And has anyone of you any expierences with this premium group ?
thanks in advantage
I have no idea about this group,  but investing in pump and dump coin is not a good idea. Those following that trade will be at risk to lose money in just one mistake. Since its pump and dump you should sell it before others or else you are the one one who will lost big out of it.
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October 09, 2019, 11:19:47 AM
 #15

I'm surprised if anyone even considers joining a pump & dump scheme. There are countless reports from various channels, articles, or even Youtube videos about it.

Just think about it, nobody is going to give you free money unless they gain something better. There's no free lunch. Don't fall for "we do this for us" bullshit.

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November 28, 2019, 12:56:39 PM
 #16

hey guys,
i found this group called "Crypto Pump Island" on telegram..
They are doing Pump and Dumbs....and are selling a Premium Membership.
So my question is: is this Premium Group worth it ? And has anyone of you any expierences with this premium group ?
thanks in advantage


total scam don't use it and never buy it. posting buy price below market, 90% of signals hit stop loss, etc... everything fake

https://www.nysenate.gov/sites/default/files/styles/760x377/public/press-release/main-image/scam-alert-770x544.jpg?itok=xkR0wbwD&timestamp=1558124639
panganib999
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November 28, 2019, 02:48:23 PM
 #17

Save yourself the trouble and stop joining these kinds of telegram groups that offer premium thingies that are clearly in advantage towards you or any other customer at that. Just the fact that you actually get a huge benefit is already a red signal towards anyone. Just trade normally, by yourself or maybe even use other trading techniques you might know. Be satisfied with that. Stop looking for external help since 9 out of 10 of those things/promos are 100% guaranteed, a scam.
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November 28, 2019, 03:40:54 PM
 #18

Try to get rid of it as early as possible. Don't enter this kind of risk because you might only be losing your funds in the end. Don't entrust your luck in telegram signals and groups. It's necessary for us to learn everything about trading so we'll never have to depend on these kinds of scams. You can do trading on your own by simply applying the basics. You only have to deal with the market.
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November 28, 2019, 04:09:21 PM
 #19

I think a lot of people already said what good for you. Of course this forum is used to be something like this, so other people not trapped into something that maybe can harm their finance. And i will give same answer too, maybe you should avoid. Or at least if you curious, be free member first to see they are really legit or not. If me, i am not join something like that.

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November 28, 2019, 05:44:01 PM
 #20

I think it’s pointless to continue discussing this topic. The account that created the topic found only once and made only one post. This is an obvious ad.
In my opinion, let this topic be buried under a ton of other topics or removed.

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