[FAKE]Stay Away From Big Pump Signal Groups

[Igebotz]

It pains me to see people still losing hard earned money to lazy scammers especially these crypto newbies looking for a quick way to make easy money. There is nothing like free money anybody offering you a huge profit is fake do not trust, anything money is the hardest thing to make and to multiply. The new trend now is pump and dump signal groups surfacing everywhere on the net.



Lol this is one of their cheap but smart way to get you scammed, they canceled a pump signal a few minutes away for them to be able to accumulate the coin they will pump as much as they could, pump the next day, and dumped you in, as you are pressing the BUY order they are pressing the SELL order  .

This story should inspire you to keep off the pump signals group.he lost almost $60k in less than 20mins.

I got into cryptocurrency a few months back. At first, I didn't know anything about crypto but decided to invest some money. Lucky for me, I invested money in quality coins and I got a big return over months. Then I decided to bring in $100k into crypto a few weeks back. But this time I did my own research and was very careful in what I'm investing. As a return, I made $60k profit in 3 weeks. Then I found out about #BigPumpSignal group and entered into their Telegram and Discord group. (The stupidest decision I have ever made!)I researched about coins for hours and get to know their potential, but I don't know why I didn't search much about this group. So as of 31st Jan, they pumped $PNT but I didn't join this. But they were able to pump it up to more than 1000%. I got excited. I didn't go much into $PNT graph as I thought it's obvious that I can make a lot of money with this pump. The next pump was scheduled on 2nd Feb but got postponed to 3rd Feb. This time I decided to invest my $60k profit and I just want to double it. The time came, I invested in less than 10 seconds after received the message about the coin (it was $sky coin). Then I realized in less than a minute, it was dumped completely. I thought I bought in for cheaper price, but when I checked, the price I paid was near the peak. My $60k went to less than $10k in seconds. I waited a few seconds, and it kept on decreasing. I pulled out. I regretted my decision. Tbh, I am actually a person who researches about coins and decide to #HODL some coins for the long term.

N/B: please stay away from quick money looking for quick way to riches might drag you to the mud.

[GreatArkansas]

This kind of group started to spread. I saw recently when Ripple (XRP) just made a huge pump, I saw one group in Telegram, I think most of the member there is Italian, and lot of members. I think some of the pump groups are true, but still, it is risky.
Highly advice to avoid these kinds of groups, it may just lead to you rekt or being a trap, since most people behind there are already got in position before you so, they may start dumping when you start buying.

[Little Mouse]

The problem is newbie have no idea how this pump works. They always see the % change and think they can make money also. While, at the backend, the pump group scam the newbies. The investors who invest at the time of peak will never get the same price to recover the fund unless the coin has potential and increase naturally.

[pakhitheboss]

These groups are again active because of Doge and Ripple. They were pumped recently by a Reddit group. Unfortunately newbies think pump groups only exist in telegram and discord. Actually only scammers are present on Telegram and the same is with Discord.

[The Cryptovator]

I am in a few telegram group of crypto signals. Of course, all are free and I don't follow them. There I have noticed they give pump signals. I have checked some of the signals how its works. What I assume, they choose a coin that has automatically pumped, accumulate a few, and then give a signal to the group. At the exact time when they gave the signal, I went on exchange and saw the coin already pumped. So, I am wondering how we can get profit from there because it will dump within a few minutes. That means only signal providers getting benefits by scamming us indirectly. I never followed and I don't trust them. Better to stay away from them.

[boyptc]

The newbies are the ones who are likely to join as much pump and dump groups as they want. They don't think of the consequences that it will be brought to them because all they know is that these groups are helpful and will make them rich.

The main reason why many are becoming a victim of these groups is greed.

[Igebotz]

I am wondering how we can get profit from there because it will dump within a few minutes. That means only signal providers getting benefits by scamming us indirectly.

Lol they invested much in the coin they want to pump sometimes they are group of 5 at the backend, they hold as much as they can and set SELL at certain profit percentage before coming to the group to review the coin to pump, then people started buying at huge amounts to pump it harder as it goes on they keep telling you not to sell just yet while they press the SELL button at the backend and dump it on you.

The main reason why many are becoming a victim of these groups is greed.

The root of mankind is greed everyone want to make a quick money without hard-work and got scammed in the process.

[Kittygalore]

These groups are again active because of Doge and Ripple. They were pumped recently by a Reddit group. Unfortunately newbies think pump groups only exist in telegram and discord. Actually only scammers are present on Telegram and the same is with Discord.

This is a scummy way to do a pump and dump scheme towards new people that are trying to get into crypto. To all the newbies in crypto and people that has been in crypto for years but doesn't know about this scheme , I have you ask yourselves on what to do when this people present with something like this, giving go signals for you to buy and sell, were you pressured to join their group, were there sweet talking to get you to join in their group if the answer to those two question falls in the category of yes then the chances that it is a scam gets higher. You also need to put yourself into their shoes, ask yourself, why would they giveaway signals when to buy and sell? You always need to assume that everyone online is lying to you.

[boyptc]

The main reason why many are becoming a victim of these groups is greed.

The root of mankind is greed everyone want to make a quick money without hard-work and got scammed in the process.

There's still the wrong belief for cryptocurrencies for newbies. They think of the overnight success and riches.

Thinking that it's possible for them to be one just by joining those pump signals and it's even more scary because there are organized groups that do it on different social media platforms.

[Evilish]

A guy I know lost a somewhat large sum of money in a similar coordinated pump and dump scheme. These never work well unless you are an insider and place limit sell orders beforehand. Even then it's highly unethical and even illegal in many jurisdictions.

A loss that can been avoided so easily, but greed blinds people.

[PeterColumboFalk]

In my opinion the value of all assets does not change. So if somebody lures me to become rich, I ask him who will lose. And if there is silence (mostly), the answer couldn't be more noisy. In my age I know, without an answer I will be the loser, and it would be ok. Greed has to lose. And a collaboration with thefts has to lose too.

[ScamViruS]

These signals should be called dump signals instead of pump signals. Because those who give these signals pump the coin hugely a minute in advance, the dumping starts after the name of the coin is shared on the channel. Those coins don't pump anymore, they continue to be dumped regularly. So those who will buy the coin after receiving the signal will continue to make losses.

Many new traders give up trading after losing funds, falling into the trap of such pumps and dumps. There are a lot of such channels now, so newbies should not follow such channels.

[KryptoKings]

It pains me to see people still losing hard earned money to lazy scammers especially these crypto newbies looking for a quick way to make easy money. There is nothing like free money anybody offering you a huge profit is fake do not trust, anything money is the hardest thing to make and to multiply. The new trend now is pump and dump signal groups surfacing everywhere on the net.



Lol this is one of their cheap but smart way to get you scammed, they canceled a pump signal a few minutes away for them to be able to accumulate the coin they will pump as much as they could, pump the next day, and dumped you in, as you are pressing the BUY order they are pressing the SELL order  .

This story should inspire you to keep off the pump signals group.he lost almost $60k in less than 20mins.

I got into cryptocurrency a few months back. At first, I didn't know anything about crypto but decided to invest some money. Lucky for me, I invested money in quality coins and I got a big return over months. Then I decided to bring in $100k into crypto a few weeks back. But this time I did my own research and was very careful in what I'm investing. As a return, I made $60k profit in 3 weeks. Then I found out about #BigPumpSignal group and entered into their Telegram and Discord group. (The stupidest decision I have ever made!)I researched about coins for hours and get to know their potential, but I don't know why I didn't search much about this group. So as of 31st Jan, they pumped $PNT but I didn't join this. But they were able to pump it up to more than 1000%. I got excited. I didn't go much into $PNT graph as I thought it's obvious that I can make a lot of money with this pump. The next pump was scheduled on 2nd Feb but got postponed to 3rd Feb. This time I decided to invest my $60k profit and I just want to double it. The time came, I invested in less than 10 seconds after received the message about the coin (it was $sky coin). Then I realized in less than a minute, it was dumped completely. I thought I bought in for cheaper price, but when I checked, the price I paid was near the peak. My $60k went to less than $10k in seconds. I waited a few seconds, and it kept on decreasing. I pulled out. I regretted my decision. Tbh, I am actually a person who researches about coins and decide to #HODL some coins for the long term.

N/B: please stay away from quick money looking for quick way to riches might drag you to the mud.

If you are in some crypto related group, you will see lots of these spam messages. I don't understand who trust them. If they were making so much money, why would they go in all groups and start spamming?
They are just cheaters and everyone should be very careful of them.

[virasog]

It pains me to see people still losing hard earned money to lazy scammers especially these crypto newbies looking for a quick way to make easy money. There is nothing like free money anybody offering you a huge profit is fake do not trust, anything money is the hardest thing to make and to multiply. The new trend now is pump and dump signal groups surfacing everywhere on the net.

You will see this pump and dump groups more often in the bull season as most coins are already pumping and its easy to pump the coin in these times.
Normally one or few people already buy a low cap coin, and then announce in their group the name of the coin, people fomo buy the coin and the team dump on them. The sad thing is that people will again be the part of the next pump even if they lose their money in the previous pump. 

[PeterColumboFalk]

... The sad thing is that people will again be the part of the next pump even if they lose their money in the previous pump. 

And even if they will win in the previos group, they will lose their money in the next group.

[Imran232]

I always keep a huge distance from this type of telegram group or channel. I already told about it with my friends . And i show them proof with xrp coin. What incident recently happen with xrp. A telegram group created by the name of Xrp pump official. And overnight this group cross the limit of telegram group joining member which is 200k. Maybe they bought member from server. When i saw this i feel little bit doubt on them. And i suggest my friends to stay away from that group who notify me about this group. And they listen my word. Then they see the result that this group makes a huge pump and again it dump just a sec. Then my friends thanks me. I suggest everyone that don't follow this type of shit groups or channel. Try to keep a huge distance from them. They are another kind of scammer.