Cryptocurrency Pump And Dump - I JOINED ONE
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- Опубликовано: 5 сен 2024
- Cryptocurrency Pump and Dump groups are rampant. There are hundreds of discord and telegram groups orchestrating insane cryptocurrency pump and dump schemes. I joined one of these pump and dump cryptocurrency groups, this is what I found about cryptocurrency pump and dump groups.
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Hey guys, just a point of clarification. i joined the telegram group but DID NOT join the pump and dump action. I don't care about making money at the expense of others .. FREEBIES
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"I don't care about making money at the expense of others", i believe that's the concept of a trade isn't it?
Lol. Making money at the expense of others is the WHOLE point of trading. Cause your 3% gain is anothers 4% loss
@@Acidix1 The Idea of trade does not include knowingly spreading false information to the detriment of other people.
Whoops nvrmnd the question I asked just now around 100th reply. Providing personal experience i.e. "trying it out" would be complete this video and is not necessarily using others for gain , as u stated u would be at the bottom of the pyramid in this scenario
For people buy those pump and dump coins make sure you can sell the coin
Thanks very much sir, I have just participated in one group called Dany crypto trading and exactly what happened to me, I purchased but couldn’t sell
Is it a real things?
Yes because of liquidity issues. stay away from these schemes
8:07 My biggest takeaway from this video: Pete is not my mum! XD
HAHA 😂
A perfect example of pumping and dumping was what everyone was doing to GME and AMC back at the start of the year
Very true
That's what people think but it was via banks, and the mouth piece of the media to help with the fake news while billionaires were made and laundered via Covid
Yes your right. I believe this is done a lot in stocks . They’ll have news items, propaganda etc on a massive scale without most people noticing that’s what they are doing.
No doubt they’ll put money into certain stocks etc before releasing or creating some sort of news, and bingo! who ever is making a lot of money .
Thanks for bringing this crypto one up 👍🏻
I can't say i entirely disagree. Insider trading has been happening or years
Thanks for the breakdown! Just a quick off-topic question: I have a SafePal wallet with USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). Could you explain how to move them to Binance?
Decent content. Congratulations. I'm proud of your work.
You should join once...And then share the exact figures...Bro..
I just joined a group where they send the coin earlier but in a certain site that I started, but I found out that I can't withdraw anything unless I make a deposit of 750 USDT.
Then I realized what I've done.
Be careful.
u deposit 750usdt bro ? iam in the same situation please tell me
No.
Cause I found out they are scammers.
Be careful
Excellent. Enjoying your vids more and more. Thanks!
Thanks for watching
Great video mate. Thank you for posting it.
Very informative thank you sir!
Thanks for watching
theres a lot here in dubai too. as you said they"re showing there luxurious life just to attract people to participate
I had no idea pump and dump schemes operated on such a scale. 18,800 members in one scheme, that’s a large number of people getting shafted while
the operators clean up! Thanks for the upload👌🏻
Thanks for watching
I've found one of those scheme with over 200k members. It's shocking
@@m-faccin please share
@@ashishshetty3512 I forgot the name, the rule is always the same. If the promise is too good to be true, then it's a fraud
THANKS FOR SHARING
What if the name of the coin was given 2 days before the trade for you to get properly positioned?
then you would have purchased as earlier as possible in fraction of cents ,, then when the campaign starts you will be selling at the time when others will be buying ,, which means you and your team as a campaign creator will be a step ahead of any other experienced trader .. which means 100 % benefit and 0 % risk , and there is no business with 0% risk ,, that's why it is illegitimate .
A friend of mine has been letting me in on this for over a year. I hope I don't lose money
What if these Pump and Dump group inform early about what coin to be pump and the time pumping to occur? just buy the target coin and get ready to sell when the price shoot up...
Yes man♥️... please you know any group I wanna join one
I know one
Can you tell me it pls?
Just to add these groups have organised bots who plague every comment section on Facebook and RUclips the (shilling) is how the fish for (newbies) they offer cash incentives to youtubers to pump their projects to, I spent most of lock down studying this entire space and walked this exact rd.
I filter my comments for those bot comments, they're a menace
I've tried to join this world, & I lost money by two different ways,
The first was by sending someone an amount & they'd Pump for you because I didn't know how to do it & they take a % of the profits, I got blocked right after I sent.
The second is subscribing in a VIP group to get the coin name a minute earlier. I got the VIP but boy it's like a war frontline, price spikes up in a split second & u might buy at the high price & then the price goes down & u lose money. This whole pump clash happens in just 2 minutes.
It's very tempting people, you would see stuff like 10x & 15x profits, but if you don't know how it's done, stay away.
I'm lucky I didn't trade with a huge amount,
السلام عليكم ورحمة الله ممكن اسالك بخصوص ال القروب الاشتركت فيهو vip pump and dump
@@anamigamesfunn1129
وعليكم السلام..
اشتركت فيها كلها وصدقني مافيها إلا الخسارة .. لأن حتى في الVIP مايعطوك اسم العملة إلا لما هم يشرو .. اللي هما الحيتان.. الحيتان بس يستفيدو لأنهم يختاروا العملة قبل الpump بأيام.
New subscriber loving your videos🙌🏼
Thank you Shannon and welcome
Buddy how much did u approx make or loose when u joined the group, did u throw a few dollars worth just to see? Personal experience would be great because overall u seem unbiased and honest within ur intentions.
Good info!
Thanks for the video!
Thanks for the heads up 👍🏼
No problem 👍
Thank you Peter i almost joined this pump group, but i was skeptical about it and decided to search for videos about this pump to be sure of it. and thank god i found this video. thanks for saving me.
Uau I had no idea this kind of stuff coukd happen...many thanks.
Unfortunately it does.
Welcome to earth lol.
This channel is fire. 🔥
Thanks
Is there any room for morality when it comes to this space? A lot of scammers and schemers in the crypto world
It seems the idea of morality is well and truly in the toilet unfortunately. Anything to make some money
Please, is it possible to pump a coin in a particular exchange and the pump won't affect the price of the same coin in another exchange?
Depends how much it is pumped, huge increase will spill over to all major exchange's
Pumping the coin has nothing to do with the exchange. Its like saying silver pumps but only his his and her silver not the other 5 people holding it. Its silver over all.
Thank you for the video 👍👍
My pleasure!
It was very easy to find David, looks like organisers are from USSR.
Thank you
OK with you when the buy signal is given one or two minutes before !!! but if the signal is given 30 minutes before, and a sell limit is in place, can there be any gains ?
The organizers drop the coin's ticker a few minutes before the actual pump to maximize their gains. If they dropped 30 minutes earlier, they wouldn't make as much profit, because more of the pool would be distributed to the "participants", if they can buy in earlier.
You can definitely make gains if you're not too greedy. Make some rules for yourself, for example never buy more than $200 worth and instantly sell at 3x. Yes you could be making more money but the risk of losing would also be greater. After hanging around in some of these groups, I noticed the average pump is 5x-6x, so 3x would be a relatively safe bet.
It still wouldn't be risk free, since they can make you buy a coin with a rigged contract, making you unable to sell it, or having incredibly high sell taxes. This isn't very common, probably because it would ruin the reputation of the actual group. Better safe than sorry imo
This is not financial advice, doing this is potentially illegal, so do it at your own risk
Great video!
what is the name of this group? thank you.
I want to join a greoup ...Just for mor learning 🤗🤗
Dm
This is so crazy and so dangerous!! Pumping and dumping has so many terrible consequences. First of all pump and dumpers are not a monolith which means the likelihood that everyone wins consistently is very low.
Exactly
@@conversationofmoney Love your channel btw - you make some great content.
But they got half an hour to sell the coin how is it a scam then when u dont have to sell when they tell u too
Thanks bro
Best information
Thanks
Tanks for the advise on this, I was planning in getting in this scheme but it did not seem right. Your post has confirmed my doubts.
Calvin, in 3 years on RUclips you are the first person to ever tip me on one of my video. Thank you very very much. Pete
Amount of ads your running in an 11 minute vid, I feel like the patsy here
You're watching a free video. For the 1 hour of shooting, 1.30 hour edit and the 3 hours i spent looking at what they're doing in that group you can take a few seconds to skip the ads, you cheap %*&$
@@conversationofmoney Oh man, I was trying to be lighthearted. I enjoyed the video and appreciate the work you put into it for us, I learned a lot! I see I was being kind of a dick with the comment though
You basically need to sell when they tell you to buy. Then it’s a win-win. 😂
You cant sell when you want, you only can sell when they let you...
@@AnDr1u5Lt yes that’s what I meant. Only if you’re an insider you win.
@@AnDr1u5Lt ppl r free to sell whenever they want
@@ravramgarhia-yt4lr No.. You can't sell anything. They program the whole scam in a way that once you buy, you can't sell. All the money goes to them.
People are left holding the bag via big banks
Interesting
Bristol the link pls
Where's the risk when u join vip access in those groups and know the token half an hour before?
They block you, and they dont give the name of the coin to you, as easy as that
@@LuminoX42do u have proof for that? Or joining any group and did that?
@@dchk. Just joined and happened to me, actually I was looking for a way to figure out which are they pumping but seems impossible to know
SAMETHING happening in Stocks,
Bro Someone was promising a Lambo in my IG DMS. 😂
haha .. stop it LMAO. Next thing ti will be a private jet
Im happy for someone to be the victim of me making money
you didnt even provide an example
How about VIP coin pump group is that scam too?
yes
I thought you were gonna atleast buy a coin and record it...what a waste
Wow. And it's legal 😏
technically it's not
Love how people justify this because it happens to a certain extent in stocks. SMH. 🤦♂️
Greed and stupidity together are easy to exploit..
This is happening in the stock market too I bet looking at some of the stock prices where a new ish company ( electric cars are favourite atm ) sky rocket and then come crashing down.
Very True .. although stocks are harder to move and influence without massive volumes
If you are are in one of these groups of pump and dump and know that the pump is gonna happen in the next 15 minutes, for example, why dont you buy a coin before the price get high?? Why the people wait to buy expensive knowing that is a pump and dump scam??
they don't tell you what coin they are pumping till the last minute by which time the guys heading the group have taken favourable positions
aaaaaaaaand it’s gone!
Do people still fall for this kind of stuff? It’s madness. The guys who organised this schemes are making a killing. While the rest are standing holding an empty bucket.
people are actively participating
Now wat if I sell before them telling me can I earn the profits
❤
lucky.i wanted join but decided find out truth.
Here for the same reason
Me too, thanks
Here for the same ❤
Can you be banned if you participate into this?
Banned where?
😭😭😭
How much did you make though Pete? or not?
I didn't my money into it.
Pyramid scheme. Thanks Pete
In the true sense of the word too. The thing is there are soo many of them at the oment
Thank you
You're welcome