Altcoin pump and dumps !

[ninjake999]

Hey guys,
I am wondering what you think of altcoin pump and dump groups ?
They are basically a large group of people on discord like this one : https://discord.gg/ugkkmfEQKU
And they basically decide on an altcoin to pump and they all buy at the same time and then sell for double and make profits...
I watched a whole pump and people were making a lot of money lol what's the catch ?
thx

[24Kt]

Don't fall from these kind of pnd groups. You will just lose money instead of earning profit. They are the only ones benefiting from this scheme. Your choice?
You can try if you want. Or are you part owner of this group as first post and you are mentioning the discord channel of this group???

[ninjake999]

im not an owner at all but It just seemed to work lol
the group has like 120.000 members which is a lot and when most of them buy the same thing it seems to work out lol

[Teraboy]

Hey guys,
I am wondering what you think of altcoin pump and dump groups ?
They are basically a large group of people on discord like this one : https://discord.gg/ugkkmfEQKU
And they basically decide on an altcoin to pump and they all buy at the same time and then sell for double and make profits...
I watched a whole pump and people were making a lot of money lol what's the catch ?
thx

That's a scam. Can you guarantee the late pumpers will also be profitable? the majority of early pumpers will become the party who can take the advantage from the late pumpers.
You should not fall to this scam scheme. The creator of such group will be always getting profit from his members.
Imagine when you are as an owner of such group and you were pumping A coin and then you told your members to pump it after you and you can go out from there.

[winrate.io]

I've seen similar groups on Telegram too.

Such groups contain several thousand members that are usually added upon invitation. Abnormal growth of a previously unknown coin without a real reason should be the first red flag. Do not hesitate to verify such coins on a coin’s price chart. A good example is Coincheckup, they've set a benchmark of a 5% price increase in less than five minutes as its indicator.

[LogitechMouse]

Joining into this kind of groups either it is on discord or in Telegram isn't advisable especially for newbies out there who are trying to gain money thru trading.

Joining into this one is like you are giving them power to pump and dump the coins and you are like giving your money to them. Just follow what most are saying here. Don't follow these pump and dump groups or you will regret it in the end.

[kaseygriffin]

There are a lot of groups in this market that do that, i see right on telegram it's a lot pump and dump groups, as far as i know they will show the pumped coin and will buy it and you can also follow it to make a profit and then a few projects you get profit will see, that is exactly a DUMP for you. There are also group private and paid groups to join, but i hope you never have to listen to others to invest your assets and find out more about this market.

[judeafante]

Don't fall from these kind of pnd groups. You will just lose money instead of earning profit. They are the only ones benefiting from this scheme. Your choice?
You can try if you want. Or are you part owner of this group as first post and you are mentioning the discord channel of this group???

Yes you are going to lose your money unless you have a premium account on that group, yes they offer paid premium account here because as a premium account holder you will first receive the first notification on what coins to pump, these groups admins are the one who make the money they announce the pump and they will dump their bag, so you actually end up buying what they dump and you pay them to dump on you.

[SyndicateLabs]

My experience in this market tells me that these are just scam groups, and pumped and dumped projects also have a very low market cap. Groups like these are often plentiful in this market, and these groups are often very active at times when the market is moving sideways. I think it's better for you if you leave that group and aren't interested in all the scams in this market.

[Rowenta]

Hey guys,
I am wondering what you think of altcoin pump and dump groups ?
They are basically a large group of people on discord like this one : https://discord.gg/ugkkmfEQKU
And they basically decide on an altcoin to pump and they all buy at the same time and then sell for double and make profits...
I watched a whole pump and people were making a lot of money lol what's the catch ?
thx

There is no such thing as pump and dump group, they are trying to gather lots of investor and tricked them to buy a certain token to pump it, what they don't tell you is they've already buy those tokens in hand, when people are now rushing to buy the token the price will increase for sure and the scammers will dump on you guys

[maximumcoin]

Hey guys,
I am wondering what you think of altcoin pump and dump groups ?
They are basically a large group of people on discord like this one : https://discord.gg/ugkkmfEQKU
And they basically decide on an altcoin to pump and they all buy at the same time and then sell for double and make profits...
I watched a whole pump and people were making a lot of money lol what's the catch ?
thx

I think you should stay away from those groups like this. They just make you lose money more than earn profit in a sustainable way because decision of buying and selling base on others is very dangerous and be easy to get caught up in there and can't control.

[cryptoknightt]

if this is the case you only have to follow the signal from the group even some people follow the paid signal group to get the signal. as a result they make a profit when they act. however, most groups also don't always have the right predictions.

[RokokGudangGaram]

Don't fall for it. It's a scam, you think you will pumping it where in fact they would let you pump it and they are the one who will sell it. You are just going to waste money on that kind of scheme.

[kayvie]

You should stay away in this kind of group. It appears that they will make their members to believe that they will all be able to gain profit by buying together and selling together. Wherein there is this posibility that they are only making you buy so they can sell their own holdings then they have the profit because their holdings is being bought at the lowest price.

[umbara ardian]

Staying away from pnd groups that are groups with scams, i have a friend who also joined these groups and my friend also has to pay fee to join the group. From what my friend said and how i feel about pnd groups, they will attract people from the projects they pumped before and when people start buying it and making it Increasing capitalization is also the time to pay the price for greed.

[Chuky92]

You are newbie to all these pump and dump groups, that's why you are still in that group and being moved as well. The whole truth is, they cannot be trusted, let me ask, how do you know they are buying at the same time? This is just a group of people who come together, decide a coin to buy, buy it first then hype it to their users who buys later on and they (the owners) are always the first to sell. Also, look closer you will be surprised that there are people who got trapped and couldn't sell in most cases, as it dumps faster. So stay away from any pump and dump groups, they are not worth it, also stay away from signal groups, you might end up getting trapped and becoming a bag holder; this is crypto space and nothing is certain, that is, many factors drives the market, unpredictability reigns and hence everyone is accountable for whatever decision they make.

[Lordhermes]

Staying away from pnd groups that are groups with scams, i have a friend who also joined these groups and my friend also has to pay fee to join the group. From what my friend said and how i feel about pnd groups, they will attract people from the projects they pumped before and when people start buying it and making it Increasing capitalization is also the time to pay the price for greed.

I'm even surprised the group contain high number of followers of about 121k, I know it might be a scam group finding ways to get advantage of newbies. I have never knew of any PND groups or think something like that exist bye from want the others have said above, its advisable to leave such group for they will scam you.
Anything that might have asks you for joining fee is liable to be scam and stay far away from this.

[jacafbiz]

Hey guys,
I am wondering what you think of altcoin pump and dump groups ?
They are basically a large group of people on discord like this one : https://discord.gg/ugkkmfEQKU
And they basically decide on an altcoin to pump and they all buy at the same time and then sell for double and make profits...
I watched a whole pump and people were making a lot of money lol what's the catch ?
thx

First it is illegal to participate in pump and dump so do not join them, the second thing is that these people would end up dumping on their members and run, what they need is one or two successful pumps and once they have been able to attracts huge members to their group, the front buy the token/coin they want to pump next and then dump on them. End of the story

[Paulogo]

There are loads of such groups giving signal Pump coins. The choice is now yours to make if you think the risk is worth taking. The game is all about taking risk.
I will counsel you make proper findings, then choose one you feel can give you maximum returns.

[nebuch]

raining of money in a short time and dump again.
I think if you don't know them personally much better not to join.
All the time you are vulnerable to lose because you cannot guarantee to earn 80% neither 50%.
What you have is assumption and personal point of view in pump and dump time.
Do not trust anybody if you doesn't have a close friends there.