Hey all here! I have recently finished coding a bot for the pump and dump groups you will see on Telegram.
How does the pump bot work?
Using the Telegram API, the bot scans through all of the groups that you are in, and when a pump group sends the link to a Bittrex coin, the bot uses the Bittrex API and your specific API keys to automatically execute trades for you faster than anyone could manually.
How?
Before you run the bot, you set in 3 values.
-The first value is the number of Bitcoins that you want to spend on the pump.
-The second value is the buy multiplier. Because you want to be safe and make sure that your bot doesn’t execute a buy order that isn’t filled because the price was raised before it could go through, you want to make sure that you set your buy price a little higher than the actual price of the coin. As such, this value is multiplied with the current ask price to set the price the bot will buy the coin at. For example, if you set the buy multiplier to be 1.05, it will send a buy order through at 1.05 times whatever the current ask price is of the coin.
-The third value is the sell multiplier. This is essentially how much you want to sell your coin off based on the buy price. If you set this value to be 3, then immediately after the buy order is filled, it will execute a sell order at 3 times the value of the buy order.
These values are all preset by you before the pump so you can be sure to get in and buy as fast as possible and not be subject to the emotions that often cause people to lose money by waiting too long. There is not a safeguard, however, and if you set the sell multiplier too high and it never reaches that price, you may lose your money, so you must be smart with this. Normally it is safe to set the buy multiplier at 1.05, and the sell multiplier around 2, so if the original value of the coin is 0.0001, you will buy at 0.000105, and sell at 0.0002.
What’s the catch?
1. When you start the bot right before the pump is going to happen, it starts looking for any link in any of your chats, as there is not a way to differentiate between chats in the Telegram API. Therefore if anyone in any of your channels sends a bittrex link, the bot will buy it. This, however, is generally not a problem, as most groups don’t pump at the same time, and if they do, you can briefly leave one of the and then rejoin later.
2. The bot calls on the Telegram API every 0.1 seconds because it wants to be the absolute first to buy the coin, and because of this, it draws a large load on the Telegram servers. If you leave the bot running for too long, telegram may ban you for 24 hours. The easy solution to this is to only start running the program a minute before the pump, and stop it immediately after it executes the sell order. If you do get banned, you can get a free new phone number from an App like Textnow, and continue using telegram without a problem.
Here is youtube video showing it working:
https://www.youtube.com/watch?v=oMLRcqscV-k
Shoot me a pm on Telegram for more info! I normally charge around 0.2 BTC for it, but I am open to negotiate!!
?? PROMOTE THIS GROUP, SHARE THE LINK, TELL EVERYONE, THE MORE PEOPLE YOU TELL THE MORE MONEY WE CAN ALL MAKE!!