wearbear
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 46
Joined: Fri Jan 12, 2018 3:09 pm
Contact: Telegram

Pump & Dump - The Honest Truth From A Trader That’s Won & Lost

Fri Feb 09, 2018 3:20 pm

If your reading this you probably heard of pump and dumps before but just incase here is a quick explanation.

A pump and dump channel is essentially a group of crypto traders who invest their money as a collective into a single coin at the exact same time which raises its value and then they sell.

As with any trading, there is risk involved and depending on your level of understanding and the group you join that risk becomes smaller or greater.

When I started pumping I was raking in the money, making returns of up to 100% in seconds. It was the greatest feeling in the world and like all great things it came to an end.

From mistakes I made, joining the wrong groups and not practising getting my pump speed faster (the time it takes you to buy the coin) I started to lose, but still in profit overall.

One of the groups I was in had terrible admin that flooding the pump volume by dumping his pre-pump coins. This made it nearly impossible to make profit anymore.

Luckily, before I went any further I decided to research in to the best groups and best methods to pump.

There are a lot of factors to consider when pumping, but most important is the group you pump with. “No road is long with good company” Proverb

Notice earlier I said ‘mistakes I made’, I make that statement now because I chose not to research and practise, I lacked the due diligence required for success.

Is it risky? Yes - Are pump and dumps worth the risk? Yes

If your in a good group and practise your pumps you have a winning formula. I have been a member of lots of groups and narrowed my search down to two.

The following discord group are always putting their users profits and groups growth first.

JOIN HERE - https://discord.gg/tmk3GR3

JOIN HERE - https://bigpumpsignal.com/invite-gb0ydigoys

Enjoy and Trade Safe.

JJ

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