Altcoin pump and dumps !

[TopT3ns]

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.

This is exactly what happens when the group receives a buy signal, the pump organizers start selling their coins, making a big profit. Some group members who joined the pump in a timely manner can make a small profit by selling their coins to those who opened the deal later. This way, the profit is mainly received by the group owners and their co-organizers.

therefore they should not be new traders needing to participate in telegrams like that because it will only have a bad influence which will eventually make them lose because they are potentially trapped in high prices when the leader dumps the coin, we should all make the leader who lied be a loss and make him give up.

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[mrongos]

I think cryptocurrency price movements will always go up and down and we as traders should take advantage of that movement to find a lot of profit, when trading volume increases it is a golden opportunity because altcoin price movements on the exchange will increase.

[Anish02]

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

You shouldn't believe on such things especially if this is came from the group on Discord and Telegram.
This is mostly a trap for the investors. I've seen this many times in different channels in the Telegram where before they've used the name of the Bithumb then in the end it's only a scam. So, be careful with this group anyway and be wise
as well.

I would agree with your point, there are so many channels and group on Telegram and Discord about such pump and dump. So they send singles about the alts and I think most of the time the single aren't true, so it is crap to join any group like this. So try not to get involved in such a trap.

[huiji2011]

This kind of general is scam, very common routine. It is easy to pull up a coin without depth, the same as down, and only a little money is needed, if you dont believe me you could let those guys to pump one of those highest market value coin, if they could, i apologize.

[InwardContour]

this is pure speculation and an attempt by the first to make money on the rest how can you treat this well?
I consider that this is just mmm and to expect that you will earn on this, it will cost yourself in the first place more expensive.

I pity those who follow pump and dump channels on telegram and discord. A friend of mine followed a pump channel on telegram for paid pump signals, they normally send alerts when they will pump a given coin. He staked small on his first attempt and it worked for him, even though some other guys got caught up when the dump came. However, he got greedy and used big funds to buy the next pump coin, but to his greatest dismay, the dip came almost immediately after he bought. It's more like gambling with your funds, the gains are not certain.

[batang_bitcoin]

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

Don't be too excited watching them, they may look profitable to you but in return, you're likely to suffer afterward. Better to avoid pump and dump groups and do your investment and trading on your own.
It's best to learn from your own than to depend on them. They also charge people joining them so if you think that's good for you, think again. They really are not good for someone who doesn't know what pump and dump groups do.

[Tallylat]

from my experience, pump and dump groups mean no go for the members. it is a very risky adventure, the group administrators are the beneficiaries they would have bought the coin already, before they call it on the group, which they later dump on their followers.

[Onuohakk]

Pump and dump is a normal scenario in crypto. It's very devastating to hodl a coin that has been dumped, hoping that it will rise again.
The world is facing a global economic meltdown which has leads to a lack of investors in the crypto market. Investors are only interested in trading on top altcoins than a newly created project that is yet to find their worth in the crypto market

[crzy]

I don’t want to take so much risk by joining any pump and dump group because I know its risky and I know that group is not worth it even if there’s a huge number of people, you’ll lose big money for sure. Did you know the feeling of understanding the market on your own? This is priceless and knowing that you’re knowledgeable enough about the market is way better than to join and depend to any group.

[lousie9]

Pumps and dumps are commonplace in this cryptocurrency market, but for most of the top coins, I think only the big whales can play that role. if the investor is small I think it is impossible to take such market flows. but I often see small coins being pumped and dumped by insiders, to attract lay investors to get caught in their pool.

[AliMan]

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

Don't be too excited watching them, they may look profitable to you but in return, you're likely to suffer afterward. Better to avoid pump and dump groups and do your investment and trading on your own.
It's best to learn from your own than to depend on them. They also charge people joining them so if you think that's good for you, think again. They really are not good for someone who doesn't know what pump and dump groups do.

I think OP was inspired of his holdings and looks like one of the asset owned by him was already gaining a good value now. We can't avoid dumping, since we seen that most coins with good developer was already showing good signs that it would increase a good price sooner. If you wanted to do so, learn some trading analysis before deciding to focus on trading seriously because buy and sell can lead us to bigger losses if we fail.

[Eddyc]

In my opinion and analyzing my experience this type of situation ends with the development of a project for possible failure. We can take all the projects that did not have large bombs and compare them with the others that had large bombs. Therefore, all projects that follow the pump line and eviction, failure is immediate.

[sapnu]

Pumps and dumps are commonplace in this cryptocurrency market, but for most of the top coins, I think only the big whales can play that role. if the investor is small I think it is impossible to take such market flows. but I often see small coins being pumped and dumped by insiders, to attract lay investors to get caught in their pool.

We all know that it is normal in cryptocurrency that it pumps and it dumps sometimes, it is in the nature of the cryptocurrency since the value of crypto is volatile, the meaning is that the price is changing time by time especially when there's a transaction happened, every transaction has equivalent changes in the price. As of now, we are experiencing a pump on bitcoin and the market is following, bitcoin already reaches its highest peak again since the last time it also hits this all-time high in terms of value. We are still hoping that it will continue to rise so that we can still make a good profit by doing our own way.

[inoes]

there is no harm in following the buy / sell signal. if the group has many members, at that time there is a signal to buy then all members buy, then the result is that the coin is pumped quickly (this is because the demand is increasing) but if you are left behind to buy it, you might get carried away and still buying coins when the price was still high. So one could say that kind of thing is also a whale play. for bitcoin it seems likely that the price the whales can play is less than for altcoins.

[erikoy]

there is no harm in following the buy / sell signal. if the group has many members, at that time there is a signal to buy then all members buy, then the result is that the coin is pumped quickly (this is because the demand is increasing) but if you are left behind to buy it, you might get carried away and still buying coins when the price was still high. So one could say that kind of thing is also a whale play. for bitcoin it seems likely that the price the whales can play is less than for altcoins.

Whales can less focus on pumping altcoins compared to bitcoin. They can pump altcoins easily though but when it comes to good investment it is bitcoin is their primarily concern to earn. Other altcoins whom pump up by whales are those establish coins or coins made some hype like the uniswap, chainlink and other establish altcoins as well. But this is risky in their part too because these altcoins has no high assurance of getting your money back like to what happen with the xrp. Ath recorded for xrp was 4$ per xrp and now the current price is less than 1$ so buying coins like this cannot help you profit unless you know and familiar with telegram channel with good signal to predict market movement.

[Darktongue]

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

Everything is possible for big coin holders. They can push prices and dump prices but they can't increase volume. There will be no guarantee that those scammers could sell all of their coins. For these kinds of reasons we couldn't confirm whether to buy any altcoins. Big whale supply can hold any normal investors, top coins could be the right choice.

[mace15]

In my opinion and analyzing my experience this type of situation ends with the development of a project for possible failure. We can take all the projects that did not have large bombs and compare them with the others that had large bombs. Therefore, all projects that follow the pump line and eviction, failure is immediate.

This is why it is very important not to trust these kind of group easily. Many have had the experience joining the signal groups but ended up losing of money. Why? There is no accurate signals can gives you. Failure is immediate indeed because a person did not learned the basic, dyor.

[DarkDays]

In my opinion and analyzing my experience this type of situation ends with the development of a project for possible failure. We can take all the projects that did not have large bombs and compare them with the others that had large bombs. Therefore, all projects that follow the pump line and eviction, failure is immediate.

This is why it is very important not to trust these kind of group easily. Many have had the experience joining the signal groups but ended up losing of money.

If you need to join signal groups to make your judgements on trading moves you're just looking for trouble. To be honest these groups shouldn't even exist, you pay a membership you get some info which may or may not be useful. I mean you can just get that yourself and learn so much more in the process.

Maybe it is just me but the concept of relying on other to give you advice on what and when to trade sounds insane to me. I barely trust myself in trading and I do take a gamble at times, but never mind having to trust others.

[champion9080]

The main reason for the crypto markete to dump all the coins is lockdown. This problem is seen as all the markets are not able to manage their work well during the lockdown but now some changes are being noticed. So I think now all coins will give us good profit inshaAllah.

[paglarhat]

I can say in the light of my personal experience that Altcoin pumps and dumps are due to Bitcoin pumps and dumps.
I have noticed most of the time that the price of Altcoin does not increase during bitcoin pumps and dumps but the price of Altcoin increases when bitcoin is stable or fixed.