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Author Topic: How to make big profits from exchanging bitcoin to altcoins  (Read 1535 times)
Clara Smith (OP)
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December 10, 2019, 05:35:09 PM
 #1

Today I would like to introduce you to something cool I randomly found.
As this method is only possible with large numbers of people, I would be happy if you read through this short report and considered joining.

I am personally still relatively new to this cause, but from my understanding, this is how it works...

I am a member of a group called Big Pump Signal. No, we are not a company owning a certain coin as a whole, trying to take money from our membrs (like some other pumpers do). This is a gathering of about 120 000 enthusiasts playing with the market.

Firstly we have our crew analyze the current situation on the market and pick a relatively stable, low value alt coin, different one each time. At the right time a signal is given to all the members of the group to buy the said coin. As we start buying in big numbers, value of the coin gradually increasaes (usually, just this step in enough to raise the coin value by 20-30% depending on how many participants the event has).

With the enormous raise the coin has just recieved, it always happens that other investors from outside the plan start investing into the coin, they are pushed to action by FOMO ("fear of missing out"). This panic buying from the outside causes another huge raise in value of the coin, raising it up by as much as another 40% most of the time.

(Below is a screenshot of one of the small pumps with got 30% profit within 15 minutes)
https://serving.photos.photobox.com/059026428e8e4a149f03950f52d5511e207f497b08bb6f0631382a6829fcb0e570ff1a95.jpg

This is where we exchange our money back with huge profits - the peek. The group usually earns between 50 and 80% profit from every single "decent sized pump" they make, but there were both cases of getting over 200% profit or only as little as 30%.
It takes some time to process this. It is truly a legitimate way to get around the system, as it only works with two logical things - psychlogy (FOMO) and general market behaviour. It rarely ever fails, personally I have never heard about anyone losing a signaficant amount of money, although I cannot deny there are *some* chances of fail. I mean, it's still trading...

https://discord.gg/3wSYnka

I encourage you to just look around for a second, do not feel pressured into any action earlier than you feel comfortable. You may sit back in out group and watch what exactly happens during such events, see how "pumping" really works and find out yourself what pros, cons and profits there actually are. We are sure to teach you all about it.
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December 11, 2019, 01:40:18 AM
 #2

many don't like the altcoin pump group, almost the same as the ponzi scheme, those who benefit most from this are group owners or admins, while those who were late in receiving information from the group did not turn a profit, they suffered heavy losses.
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December 11, 2019, 03:40:34 AM
 #3

I'm sure you will charges for memberships, this is common in every pump group even they said a free group but they have another group that already bought the coin and push the free member to buy that coin.

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December 11, 2019, 04:33:33 AM
 #4

I don't see your group is different from those scammy pump groups which are created to make the owner rich. The promise of getting 30% of profits from early exit is really a typical modus operandi to lure beginners and get their hard-earned money.

Please stop ripping them off.

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December 11, 2019, 04:45:47 AM
 #5

I really doubt you could trust the members of these kinds of groups. One important reason is there's no guarantee that you would actually profit off of a plan of action they made. There's no legal contract to bind the agreement. You're basically risking your funds for an agreement based on trust, and trust may be said to be an important factor of a cooperation, but it is also the hardest one to earn.

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December 11, 2019, 09:13:30 AM
 #6

I think you can always make big profits from Bitcoin. But that is not possible from Altcoin. If you want to get Bitcoin from Altcoin, it is possible for a group of people. There are many people who open their own groups and try to pump. In that case, most of the Queen is this scam.
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December 11, 2019, 09:35:40 AM
 #7

I don't see your group is different from those scammy pump groups which are created to make the owner rich. The promise of getting 30% of profits from early exit is really a typical modus operandi to lure beginners and get their hard-earned money.

Please stop ripping them off.
Yes, it is common to all the group there that giving people hints and signal to all the traders in exchange of the fee they will give them. I think it is better to learn on your own rather than relying on someone elses signal, not all of them will gonna happen and will make your assets grow. Better to read twitter updates from the coin makers and then make your own analysis.

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December 11, 2019, 09:42:33 AM
 #8

Ok, I thought I would see a different strategy, but this is just the old pump-and-dump scheme.

Lol, this has been practiced a lot and many have complaints about this supposedly signals. And in the end, newbies are going to be the victim here. So I would just advise, everyone to stay away from such group because of making profits, you might end up losing big money in the end.

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December 11, 2019, 10:29:22 AM
 #9

Typically only those who leads the signal group is the one will reap profit decently and if you're just on the free trial then you're donating the hell out of your money.

Seriously, these guys don't have conscience and just care the money they could milk out.

Anyway, I'll just stick with bitcoin rather than exchanging it to altcoin, do remember altcoin just follow the movement of bitcoin, don't be fooled.

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Boov
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December 11, 2019, 11:14:19 AM
 #10

Typically only those who leads the signal group is the one will reap profit decently and if you're just on the free trial then you're donating the hell out of your money.

Seriously, these guys don't have conscience and just care the money they could milk out.

Anyway, I'll just stick with bitcoin rather than exchanging it to altcoin, do remember altcoin just follow the movement of bitcoin, don't be fooled.
Yeah, been there done that! Ive been invited by a group , at first I am very thankful because someone gonna lead my way to trading but after a few days they are requiring us to pay them and it sucks! I mean I thought they are in free will but they will take advatage us because of lack of knowledge.
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December 11, 2019, 12:22:55 PM
 #11

Typically only those who leads the signal group is the one will reap profit decently and if you're just on the free trial then you're donating the hell out of your money.

Seriously, these guys don't have conscience and just care the money they could milk out.

Anyway, I'll just stick with bitcoin rather than exchanging it to altcoin, do remember altcoin just follow the movement of bitcoin, don't be fooled.
Yeah, been there done that! Ive been invited by a group , at first I am very thankful because someone gonna lead my way to trading but after a few days they are requiring us to pay them and it sucks! I mean I thought they are in free will but they will take advatage us because of lack of knowledge.

Don't trust easily, check first the personality of the people you have a conversation with. Try to seek information and opinions on your own by exploring this trading discussion thread. And let your own understanding take control of what will you di next.

The main reason why bitcoin is not reliable now because of its price. Alt coins are more efficient right now when it comes to trading and holding. Alt coins will surely make your money in a safer place temporarily. But in the end, bitcoin is still the best cryptocurrency when it comes to its peak.

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December 11, 2019, 12:24:21 PM
 #12

I don't see your group is different from those scammy pump groups which are created to make the owner rich. The promise of getting 30% of profits from early exit is really a typical modus operandi to lure beginners and get their hard-earned money.

Please stop ripping them off.
You're correct buddy and I'm sure the OP knew the consequences of his post, this is the reason why the OP open this thread with a newly created account cause the new user of this forum can't definitely create this thread in the right section.

My advice to you guys to be more careful because when halving is coming a lot of crypto scammer use varieties of strategy to scam people.

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December 11, 2019, 02:07:16 PM
 #13

Ok, I thought I would see a different strategy, but this is just the old pump-and-dump scheme.

Lol, this has been practiced a lot and many have complaints about this supposedly signals. And in the end, newbies are going to be the victim here. So I would just advise, everyone to stay away from such group because of making profits, you might end up losing big money in the end.
You pay for the membership fee and at the end you will lose big money because you listen to them, such a poor members of this group and hoping that no one will get involve again to any pump and dump group. I don’t depend to any advice, it will be a big risk and its simple to make money thru bitcoin and altcoins all you have to do is to analyze and be brave.

kanayaTabitha
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December 11, 2019, 02:41:07 PM
 #14

I don't see your group is different from those scammy pump groups which are created to make the owner rich. The promise of getting 30% of profits from early exit is really a typical modus operandi to lure beginners and get their hard-earned money.

Please stop ripping them off.

Yeah new member with just 1 post want to invite the people into a scam group, maybe he's previous account is already got red trust so he make a new one. Any pump and dump group is always not heatlhy for crypto market and also most of them are scam and just want their follower pump their bought coins
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December 11, 2019, 02:41:47 PM
 #15

This is literally what a pump/dump is, it has been done for about 5+ years now, I remember doing it back in 2013 or 2014 if I am not wrong. It is not anything new, it is not something major, the people who get in early will make money and people who are late will lose money, it has always been like that for years.

There has been nothing new that changed this for years, there were attempts but eventually all of them failed. Back in the day during 2017 peak there was a telegram group that managed to decentralized this and make it more equal for everyone and didn't give the owners a first to know rights, it had 10 or so coins as options and closest block on certain time of litecoins last digit would be the coin that is picked that day, so nobody knew which coin it will be until it came out and that gave everyone equal chances.

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December 11, 2019, 03:48:14 PM
 #16

Typically only those who leads the signal group is the one will reap profit decently and if you're just on the free trial then you're donating the hell out of your money.

Seriously, these guys don't have conscience and just care the money they could milk out.

Anyway, I'll just stick with bitcoin rather than exchanging it to altcoin, do remember altcoin just follow the movement of bitcoin, don't be fooled.
Yeah, been there done that! Ive been invited by a group , at first I am very thankful because someone gonna lead my way to trading but after a few days they are requiring us to pay them and it sucks! I mean I thought they are in free will but they will take advatage us because of lack of knowledge.
It usually happens and they target those people who doesn't have enough understanding when it comes to trading like newcomers and that is the reason why they end up feeling remorse about their decisions and actions. It is also the reason why I never trust anyone or any group because I know that they are capable on doing everything if being greedy strikes them. They will do anything just to get the benefits they wanted. You'll realise that instead of earning profit your money is just wasted for nothing so be cautious because you don't know people's true intentions.

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December 11, 2019, 04:19:14 PM
 #17

I don't see anything special in your so called pump and dump group. It's just the same like the others.
All you guys do is play with your customers money and dump it in the market.
You don't realize that at the end, if you are winning some money then there is somebody at the other end who is losing their money.
There is no such thing that everyone wins. If somebody wins then somebody loses.

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December 11, 2019, 04:19:19 PM
 #18

snip
snip

My advice to you guys to be more careful because when halving is coming a lot of crypto scammer use varieties of strategy to scam people.


Well, I often see the offer on the Telegram channel, they always offer big profits, they are proud to say, a trade analysis expert, maybe ordinary people will be tricked by scamer so for old users will not be affected by them, it remains clear we have to be careful.

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December 11, 2019, 04:46:33 PM
 #19

Its stupidity to invest your bitcoin on the basis of someone's advice. Personally, I dont prefer alt trading right now because with this much fluctuation in the btc market, your alt bag will lose its potential in few days or may be few hours. Invest only with your own research.

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December 11, 2019, 05:29:40 PM
 #20

All these group channels with altcoins signals are utter nonsense. Whoever tells me that, people can never get rich on such signals, and only lose their money. Think for yourself. If you are a good trader, then why do you need to create a channel with signals.

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