How to win on a crypto pump and dump

in #crypto6 years ago

Over the last couple of months the crypto community has been electric to say the least. Altcoins are as volatile as ever and for some that means $$$.

The traditional pump and dump has been around for centuries, but the new trend is the crypto pump and dump. Hundreds of groups are "pumping" on telegram, discord, twitter, YouTube and so on.

So how do you win in this game?

It's no secret, the objective is to buy low and sell high (before the dump). After studying and participating in many pumps I can give you these tips:

  • Practice, practice, practice! You need to be quick, the only way you do that is to practice setting quick buy orders and after sell orders.
  • Don't be greedy. Invest only what you are willing to lose.
  • Don't panic. If you didn't sell, put a profitable sell order and the FOMO will help you out.
  • And most importantly, stick with reputable groups such as https://t.me/AstroPump, whalepumps, pumpbros etc.

And as always, you're welcome!

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