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Author Topic: How to make big profits from exchanging bitcoin to altcoins  (Read 1533 times)
Soots
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December 23, 2019, 02:22:12 PM
 #61

So, you are a member of a pump and dump group who manipulating the price of altcoins and then shill your group here to attract members to join you and at the end the only one gaining here is you and not the members.

This is actually an old strategy, I mean traders tend to know how to trade and earn profits by exchanging btc to altcoins and vice versa. And this kind of schemes eventually been known by many thus they are already avoiding this kind of act  as it was just profitable at first then will convince you to upgrade your membership and at thr end, will give you wrong signal and infos.
These kind of groups will target low market cap coins so they can manipulate the prices but it involves lot of money and chances of making profit is also unclear so I won't suggest any groups which are dumping and bumping even if it gives legitimate signals.
We can't trust with group like this because they always recommendation for other buying coin but he self is selling coin but when he sell some coin on exchange market he ask at the group for member to buy, I have found with many channel discussion group always give information when coin have higher price to buy and selling after coin have down.

This is somewhat unreliable group who tried to boost the advertised coin in a private chats or groups. As per reading the idea about it, I am not having good thoughts over it due to under clarification of things going on. Unfortunately, selling bitcoin for an alt was not profitable by now, so always choose bitcoin while you're not yet established.
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December 27, 2019, 10:13:18 PM
 #62

Thanks for the offer but I might not accept that.

I have been with group in telegram that tells the same thing.
At the end of the day, that big group has a small group inside which are really making profit out of that big group of newbies.

Yeah, they will just use you.
You will be told to buy this coin and then what? They will be the first to sell after the pump had happened?
No way I will be tricked by that again.
At least you have learned that pump and dump groups are not really the way to make money in the market, but you will be surprised by the amount of people that get scammed by people like that and instead of accepting that they made a mistake they decide that they just need to somehow improve their ability to get out of the market before the coin crashes, and as you may guess those people never really learn their lesson until they have lost all their money and by that time it is too late.

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December 27, 2019, 10:40:07 PM
 #63

Thanks for the offer but I might not accept that.

I have been with group in telegram that tells the same thing.
At the end of the day, that big group has a small group inside which are really making profit out of that big group of newbies.

Yeah, they will just use you.
You will be told to buy this coin and then what? They will be the first to sell after the pump had happened?
No way I will be tricked by that again.
That's the reason why they keep the pump and dump group still alive until now. They want to earn as much as possible while everyone buying the coin they say to pump and then after it they will dump it since they have bought the coin many weeks or before they telling people on group to buy it.

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December 28, 2019, 02:21:16 AM
 #64

Thanks for the offer but I might not accept that.

I have been with group in telegram that tells the same thing.
At the end of the day, that big group has a small group inside which are really making profit out of that big group of newbies.

Yeah, they will just use you.
You will be told to buy this coin and then what? They will be the first to sell after the pump had happened?
No way I will be tricked by that again.
That's the reason why they keep the pump and dump group still alive until now. They want to earn as much as possible while everyone buying the coin they say to pump and then after it they will dump it since they have bought the coin many weeks or before they telling people on group to buy it.
Almost premium channel group doing what have you said, they talk bitcoin become pump where many investor buy with higher amount, but their self selling bitcoin and never true what he said and what he did, I not trust again whit channel group where ask you to buy and sell because they only make us an object their experiment.

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Shasha80
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December 28, 2019, 03:20:29 AM
 #65

I was one of the victims of a group pump like that, it was clear that such groups were very dangerous. Because as I experienced I have run
out of capital, not to mention usually such a group has its costs. So the losses received can be doubled. My advice avoid from group pumps
are like that, because the one who benefits is the owner of the group. Because he already bought the coins first, that will be most victims
are its members that group. Especially newbies who are new to trading and want instant profits. Safer trading by relying on one's own abilities,
by analyzing one's own market. I'm sure the results are more accurate than following the group signal pump that drains our capital.

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December 28, 2019, 04:25:02 AM
 #66

Thanks for the offer but I might not accept that.

I have been with group in telegram that tells the same thing.
At the end of the day, that big group has a small group inside which are really making profit out of that big group of newbies.

Yeah, they will just use you.
You will be told to buy this coin and then what? They will be the first to sell after the pump had happened?
No way I will be tricked by that again.
That's the reason why they keep the pump and dump group still alive until now. They want to earn as much as possible while everyone buying the coin they say to pump and then after it they will dump it since they have bought the coin many weeks or before they telling people on group to buy it.

That makes sense why many people failed to make a profit from the pump and dump group because they are too late to sell the coins at a higher price. If they can make a huge profit from that group, then they will have their lucky while following to those groups. But somehow, I don't feel right to following the pump and dump group because I cannot try to analyze the market by myself, and I will always depend on them, which will not be good for me in the future. But if some people want to try to join their group, then I hope that they can be careful to decide.

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December 31, 2019, 07:25:13 PM
 #67

I was one of the victims of a group pump like that, it was clear that such groups were very dangerous. Because as I experienced I have run
out of capital, not to mention usually such a group has its costs. So the losses received can be doubled. My advice avoid from group pumps
are like that, because the one who benefits is the owner of the group. Because he already bought the coins first, that will be most victims
are its members that group. Especially newbies who are new to trading and want instant profits. Safer trading by relying on one's own abilities,
by analyzing one's own market. I'm sure the results are more accurate than following the group signal pump that drains our capital.
It is a shame that newbies fall prey of scammers like that, but even if it was an expensive lesson you learned something out of it, you learned that you cannot rely on anyone else to tell you how to make money in the markets and that you need to find how to make money by yourself, this can take time but not only you will find what you are looking for it is also extremely satisfying when you make money in the markets and you know that it was all because of your efforts and not because you relied on anyone else and you know as well luck had nothing to do with it.

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January 01, 2020, 04:14:41 PM
 #68

I was one of the victims of a group pump like that, it was clear that such groups were very dangerous. Because as I experienced I have run
out of capital, not to mention usually such a group has its costs. So the losses received can be doubled. My advice avoid from group pumps
are like that, because the one who benefits is the owner of the group. Because he already bought the coins first, that will be most victims
are its members that group. Especially newbies who are new to trading and want instant profits. Safer trading by relying on one's own abilities,
by analyzing one's own market. I'm sure the results are more accurate than following the group signal pump that drains our capital.
It is a shame that newbies fall prey of scammers like that, but even if it was an expensive lesson you learned something out of it, you learned that you cannot rely on anyone else to tell you how to make money in the markets and that you need to find how to make money by yourself, this can take time but not only you will find what you are looking for it is also extremely satisfying when you make money in the markets and you know that it was all because of your efforts and not because you relied on anyone else and you know as well luck had nothing to do with it.

Trading becomes more laborious if the value of the coin is not profitable like today; the price of the bitcoin in the middle of the year of 2019 gives a massive income to their investor, but today the price of the bitcoin does not show any profit. Many people are now struggling with their money, and the bitcoin again comes in a long term investment. The people want continuously earning instead of bitcoin. They use altcoin as a source of income; the price of altcoin too is volatile but not too much large amount, and by this, many investors use altcoin for daily trading, even the profit is not huge.

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January 02, 2020, 09:54:42 AM
 #69

Trusting bump and dump groups is not the best way to make profits from trading,you might lose your total profits even the capital in a single trade because you are going to invest on a shittiest coins which has less trading volume.Better try to make more trades with less margin and make total profits into more.
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January 02, 2020, 10:44:55 AM
 #70

Trusting bump and dump groups is not the best way to make profits from trading,you might lose your total profits even the capital in a single trade because you are going to invest on a shittiest coins which has less trading volume.Better try to make more trades with less margin and make total profits into more.
Never use bump and dump group, it's good to read sometimes but not to the point that we will just follow it without researching and reading especially if the alt involve is not too popular and not been so active for long. We must decide on our own in instances that are money and investment is at risk.

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January 02, 2020, 12:15:55 PM
 #71

Trusting bump and dump groups is not the best way to make profits from trading,you might lose your total profits even the capital in a single trade because you are going to invest on a shittiest coins which has less trading volume.Better try to make more trades with less margin and make total profits into more.
Never use bump and dump group, it's good to read sometimes but not to the point that we will just follow it without researching and reading especially if the alt involve is not too popular and not been so active for long. We must decide on our own in instances that are money and investment is at risk.

Pump and dump are just good for a few days but there is always a high possibility that you will lose a lot of money at the end of the day. If you want to make a lot of profit in trading or exchanging bitcoin to altcoin, master the art of technical analysis and it will unlock a lot of opportunities for you and you can easily identify a coin if it is worthy or a shitcoin.
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January 02, 2020, 12:23:57 PM
 #72

Trusting bump and dump groups is not the best way to make profits from trading,you might lose your total profits even the capital in a single trade because you are going to invest on a shittiest coins which has less trading volume.Better try to make more trades with less margin and make total profits into more.
Never use bump and dump group, it's good to read sometimes but not to the point that we will just follow it without researching and reading especially if the alt involve is not too popular and not been so active for long. We must decide on our own in instances that are money and investment is at risk.

Pump and dump are just good for a few days but there is always a high possibility that you will lose a lot of money at the end of the day. If you want to make a lot of profit in trading or exchanging bitcoin to altcoin, master the art of technical analysis and it will unlock a lot of opportunities for you and you can easily identify a coin if it is worthy or a shitcoin.

You will lose from pump and dump if you are miss the signal since the movement from this scheme is pretty fast that's why it's not reliable since sometimes signals are not going on in our side. But if there's something you need to stretch up is your knowledge about tradings since if you are knowledgeable on this you will not rely on any signals which sometimes not correct.

R


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Oceat
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January 02, 2020, 01:01:40 PM
 #73

If someone wants to earn some profit in trading from Bitcoin to altcoins then one must know how these specific altcoins move in the market to be able to get the targeted price to sell, instead of joining any pump and dump groups. Which is eventually will be the one that will manipulate you to start gaining at their own.

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January 02, 2020, 01:09:07 PM
 #74

Trusting bump and dump groups is not the best way to make profits from trading,you might lose your total profits even the capital in a single trade because you are going to invest on a shittiest coins which has less trading volume.Better try to make more trades with less margin and make total profits into more.
Never use bump and dump group, it's good to read sometimes but not to the point that we will just follow it without researching and reading especially if the alt involve is not too popular and not been so active for long. We must decide on our own in instances that are money and investment is at risk.

Pump and dump are just good for a few days but there is always a high possibility that you will lose a lot of money at the end of the day. If you want to make a lot of profit in trading or exchanging bitcoin to altcoin, master the art of technical analysis and it will unlock a lot of opportunities for you and you can easily identify a coin if it is worthy or a shitcoin.

Before identifying the potential coins to invest as part of an alternative ways of exchanging your btc to an altcoins, don't make it as your final decision yet. Scout your prospects before engaging to the target, and when it's time to take your final shot, you won't regret in the end. Make all things worth it once you're dealing the right one to choose for.
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January 02, 2020, 03:06:06 PM
 #75

As long as people are blinded by the possibility of making so much money that they may not have to work ever again in their life, you will not be able to reason with them using logic. They will just live in their pink bubble for a while and as soon as they end up with being scammed out of their money and see personally that their system doesn't work they will just come back to real life and become one of us who warn people against it and see other people not listening to their warnings and realize how they were back in the day.

Or the other possibility is they pose as a person who is "in" a telegram group that does pump and dump whereas they are the actual owners of the group that steal others money, which could be the main reason why they are marketing it here.
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January 02, 2020, 04:53:25 PM
 #76

The worst thing is not that it is a pump and dump group but the system of referrals is quite similar to a ponzi scheme.

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FLoving
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January 02, 2020, 05:21:39 PM
 #77

So, you are a member of a pump and dump group who manipulating the price of altcoins and then shill your group here to attract members to join you and at the end the only one gaining here is you and not the members.

This is actually an old strategy, I mean traders tend to know how to trade and earn profits by exchanging btc to altcoins and vice versa. And this kind of schemes eventually been known by many thus they are already avoiding this kind of act  as it was just profitable at first then will convince you to upgrade your membership and at thr end, will give you wrong signal and infos.
These kind of groups will target low market cap coins so they can manipulate the prices but it involves lot of money and chances of making profit is also unclear so I won't suggest any groups which are dumping and bumping even if it gives legitimate signals.
We can't trust with group like this because they always recommendation for other buying coin but he self is selling coin but when he sell some coin on exchange market he ask at the group for member to buy, I have found with many channel discussion group always give information when coin have higher price to buy and selling after coin have down.

This is somewhat unreliable group who tried to boost the advertised coin in a private chats or groups. As per reading the idea about it, I am not having good thoughts over it due to under clarification of things going on. Unfortunately, selling bitcoin for an alt was not profitable by now, so always choose bitcoin while you're not yet established.
Actually these groups first invest in a coin and then they want someone to buy their sell orders for that they collect a group and give them the signal to buy that particular coin and so their coin is sold according to their preferred price giving them a profit and then no one knows that when will be the coin rise again.
Right now there is a condition that all coins are set to a lower value so no matter which coin we collect they will get a value in the future.
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January 02, 2020, 05:49:48 PM
 #78

The worst thing is not that it is a pump and dump group but the system of referrals is quite similar to a ponzi scheme.
Referrals are working perfect with some investments, same time ponzi schemes too trap people very easy through referrals. Whenever we go through an referral link it is a must to analyze and move forward. These days even hacks and security breaches were done through referrals.

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nutella_11
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January 02, 2020, 07:28:10 PM
 #79

Most of altcoins are not worth investing this times to be honest. Better just buy and hold btc, this is what could be the most profitable in my opinion. But if you want to trade altcoins, you can visit CoinDeal. As I see there is a huge variety of altcoins. I buy btc there. Fees are okay, deposits in some currencies are free of charge.
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January 02, 2020, 10:35:13 PM
 #80

The worst thing is not that it is a pump and dump group but the system of referrals is quite similar to a ponzi scheme.
Referrals are working perfect with some investments, same time ponzi schemes too trap people very easy through referrals. Whenever we go through an referral link it is a must to analyze and move forward. These days even hacks and security breaches were done through referrals.

In fact, there would be no problem in referring someone because there is something called affiliate marketing. But being a pump and dump group, there's no question that it's a Ponzi scheme

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