Pump and Dump

[treelancer]

Hi Guys,

I was going through these pump and dump groups and I was thinking what is the read amount required to pump a shit coin. Lets say in a hypothetical situation I have that much money, what is the correct strategy to execute it.

PS: If it is against the rule, please PM me and i will remove the post.

 

[BrandingCat]

The equation is simple, they will make money, while you don't.

They buy > make noise > you buy > they sell > you remain with your avatar in hand.

 

[treelancer]

The equation is simple, they will make money, while you don't.

They buy > make noise > you buy > they sell > you remain with your avatar in hand.

Thats what I am asking, what is the fund requirement to be THEY

 

[legendahomer]

Hi Guys,

I was going through these pump and dump groups and I was thinking what is the read amount required to pump a shit coin. Lets say in a hypothetical situation I have that much money, what is the correct strategy to execute it.

PS: If it is against the rule, please PM me and i will remove the post

They will make money with your money. Waste of time and money. Avoid all group of any kind. All telegram groups are scams, not so scams, they found way to earn money but not you. No exception, every single of them. This is true for discord, youtube etc etc.
Do not buy any bots ( 103% scam ).
Avoid.
Honest opinion as i wrote in post today before to other member in crypto section avoid trading and get in something where you can earn a real money. Not money where you cannot earn money.

Thats what I am asking, what is the fund requirement to be THEY

It depends on coin.

 

[treelancer]

It depends on coin.

Is there any maths like 2x or 3x or 15 minute candle or so?

 

[shiboshy]

Just don't try anything stupid simply whoever promises that is going to eat all your money.
There is NO such a thing that can be done as easy as you think it is, so before burning your money, have in mind it does not work the way you think and you will only lose.

 

[alus1onZ]

It depends by the market cap and the price of the coin. You need to move (buy or sell) roughly the same amount of specific coin as it's numbers after it's decimal point to move it 1 pip (change in the last number after decimal point).

As example: if your coin price is $0.000008 you'll need to move 1000000 coins to make the price move with 1 pip and become 0.000009 or 0.000007.

In other words you may need huge capital if you want to pump or dump a coin and the chances someone else with much more money is also manipulating it and liquidates you when he sees your actions are very high.

Stay away from this if you aren't rich and you are not ready to get rekt.

 

[SocialManager]

This might not officially be against the rules, but it seems like it is against the spirit of the rules.

https://www.blackhatworld.com/seo/rules-cryptocurrency-section.999478/
"If you suspect a coin is a pump and dump, report the post or thread."

Don't understand why you would want to scam so many people.

 

[BassTrackerBoats]

This might not officially be against the rules, but it seems like it is against the spirit of the rules.

https://www.blackhatworld.com/seo/rules-cryptocurrency-section.999478/
"If you suspect a coin is a pump and dump, report the post or thread."

Don't understand why you would want to scam so many people.

It is not against the rules... I saw it when it was posted earlier and no coin is being pumped and dumped.

But, I'll say this, venture into those waters without all kinds of knowledge and inside info, and you may come out of the water missing a limb.

 

[JavascriptPufferfish]

i doubt anyone in the forum actually knows how much money exactly you need to mount a pump and dump. for starters, it depends on how big you want it to be. what i can say is, money alone is not enough. a huge deal of know-how is involved. if you have to ask a question like this, you just don't have what it takes to pull it off, independently of if you have the money or not.

 

[treelancer]

It is not against the rules... I saw it when it was posted earlier and no coin is being pumped and dumped.

But, I'll say this, venture into those waters without all kinds of knowledge and inside info, and you may come out of the water missing a limb.

Yes, Thanks for the warning. I am not planning to invest in it. I am just looking forward to understand the dynamics out of it.

I think it is very risky given that it can eat up all your capital within 2 minutes.

i doubt anyone in the forum actually knows how much money exactly you need to mount a pump and dump. for starters, it depends on how big you want it to be. what i can say is, money alone is not enough. a huge deal of know-how is involved. if you have to ask a question like this, you just don't have what it takes to pull it off, independently of if you have the money or not.

I don't think so I even to try without actually understanding what it is.

It depends by the market cap and the price of the coin. You need to move (buy or sell) roughly the same amount of specific coin as it's numbers after it's decimal point to move it 1 pip (change in the last number after decimal point).

As example: if your coin price is $0.000008 you'll need to move 1000000 coins to make the price move with 1 pip and become 0.000009 or 0.000007.

In other words you may need huge capital if you want to pump or dump a coin and the chances someone else with much more money is also manipulating it and liquidates you when he sees your actions are very high.

Stay away from this if you aren't rich and you are not ready to get rekt.

Thanks for this info but I think it is more function of volume of the coin than price.

 

[i_am_that_i_am]

Thanks for this info but I think it is more function of volume of the coin than price.

I think it is more of strategy than anything. You would probably need to create a group and shill as much as you can, the more the numbers the better for your strategy.

 

[alurosu]

Pump and dump schemes are basically stealing. You steal money from the people that come in late to the trade. The participants don't add any value to the project. Zero sum game where the first takes away money from the second. You fool the second person to give you money. I'm pretty sure it's illegal in most countries. You can do jail for this.

 

[DanLa]

Just stay away from it..

 

[legendahomer]

Pump and dump schemes are basically stealing. You steal money from the people that come in late to the trade. The participants don't add any value to the project. Zero sum game where the first takes away money from the second. You fool the second person to give you money. I'm pretty sure it's illegal in most countries. You can do jail for this.

You can go to jail in almost any country for stocks, forex etc not crypto. Itd unregulated so you can do whatever you want. Still stocks are being pump&dump on daily basis. You need little more brain for that to not be caught.
Its part of market and it will never be gone.

 

[bartosimpsonio]

Is there any maths like 2x or 3x or 15 minute candle or so?

Read the offer book depth.

It shows you how much you need to buy to reach each price level.

Keep in mind that as price moves more sellers will appear.

Having said that, i don't recommend you engage in PnD, just explaining this for informational purposes, it's how it works.

 

[treelancer]

Pump and dump schemes are basically stealing. You steal money from the people that come in late to the trade. The participants don't add any value to the project. Zero sum game where the first takes away money from the second. You fool the second person to give you money. I'm pretty sure it's illegal in most countries. You can do jail for this.

I don't see it at that way, Even when you are trading in market and earning, basically you are stealing some ones money. Money cannot appear out of nowhere. If you are not creating FOMO by messaging people, I don't see it as scam.

Read the offer book depth.

It shows you how much you need to buy to reach each price level.

Keep in mind that as price moves more sellers will appear.

Having said that, i don't recommend you engage in PnD, just explaining this for informational purposes, it's how it works.

Thanks, I totally missed the offer book part. Thanks for this info.

 

[alurosu]

You can go to jail in almost any country for stocks, forex etc not crypto. Itd unregulated so you can do whatever you want. Still stocks are being pump&dump on daily basis. You need little more brain for that to not be caught.
Its part of market and it will never be gone.

Be careful, most blockchain are public and traceable.

I don't see it at that way, Even when you are trading in market and earning, basically you are stealing some ones money. Money cannot appear out of nowhere. If you are not creating FOMO by messaging people, I don't see it as scam.

That's exactly it. If your intention is to fool someone and sell it immediately, then you scam people. That's jail time. If you invest in a project, that means you give money for a part of it and they can use the money to generate growth and increase production. It's totally different.

 

[treelancer]

Be careful, most blockchain are public and traceable.


That's exactly it. If your intention is to fool someone and sell it immediately, then you scam people. That's jail time. If you invest in a project, that means you give money for a part of it and they can use the money to generate growth and increase production. It's totally different.

You are totally wrong here. Crypto is still unregulated that means it is 100% legal to do pump and dump.

From this logic, all traders are scammer which is not true.

 

[legendahomer]

You are totally wrong here. Crypto is still unregulated that means it is 100% legal to do pump and dump.

From this logic, all traders are scammer which is not true.

Different types of crypto pump and dump are available, some are legal some are not. And couple more of variables are there that will decide is it legal or not.