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How I made nearly $3,000 with a 900 follower account in 6 weeks

Discussion in 'Twitter' started by avilux, Jun 9, 2015.

  1. avilux

    avilux Power Member

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    2YHQPkL.jpg

    ^ I hope that image is large enough.

    Now that I have your attention, you've probably observed that my bank statement is from last year, February. I decided to share my experience in case this helps anybody. I've done a lot of stuff with social media in the past, but more and more I keep forgetting (due to my sinful spending on substances which some cause a lot of memory problems). Anyways, I will try my best to recall everything I did last year with this. You may also see that I got a deposit of nearly $2,400 from coinbase.com. Coinbase is like a BTC (bitcoin) online bank I used a bunch. It was originally a payment worth around I think 4 or 5 BTC which I traded for USD and then with a bunch of transfer fees I finally got it into my bank after a week. That my friends, is what ONE customer can be worth. It also proves, your account is worth not what you think it is, but what you can manage to tell the buyer it's worth and make them believe it. I sold a twitter account with around 940-950 followers for that amount. Truthfully, was that a wise business decision? On my part? YES. On the buyer's part? NO. (I stayed in touch with him, and he did have second thoughts a few weeks after buying it.. but he was a gentleman and respected our deal. Plus, the nice thing with bitcoins is that you're not able to get them back once you send them out.) The account in my opinion was worth probably 1/4th of that AT THE TIME. Here's why:

    So a little backstory on what was happening January, 2014. I'm sure a few of you have watched Wolf of Wall St. I have too, and religiously. Especially around this time period. I loved the idea so much, I used Jordan Belfort's methods to motivate myself! Now, now, now! Before you start calling me the devil, please let me tell my story. That bank statement is about the best evidence along with my story. I lost my original coinbase info and I lost all skype and twitter messages since it's been a long time. I'm sorry I can't give more evidence, but if you look back at this time period, this is nothing hard to believe. Around this time, MANY companies were called scammers for stealing millions worth of bitcoins. Bitcoin was going through a tough time. Not only were "investment" companies literally just taking their clients' money and lying straight to them, but troubles were brewing on Dark Net markets too. For those unfamiliar with dark net markets, please do a quick google search. In short, they're reached by TOR easily and sell prohibited things. Silk Road (the original) I think was long shut down by this time, but SR2 was up and running and markets like Agora and Evo were going full throttle. Some of the 20-30 main markets were run by scammers, which after their markets had tens of millions worth of BTC sitting at one point in time, the scammers decided to either shut down the marketplace or just report a "HACKING". Of course, stealing from DRUG DEALERS AND ASSASSINS and other notorious people, was a very silly thing to do. However, News Media LOVED this because it was so crazy. Bitcoin markets (Bitcoin's basically like stocks) fell down greatly due to a flood of new reports along these lines. So, while I was following all of this on twitter, I noticed something to do with new alternatives. Altcoins. These were smaller coins than Bitcoin and were much lower values. Lots of trading marketplaces recently opened up for these, and I noticed a bunch of twitter pages doing pump and dumps. Out in broad daylight. Yes, exactly what Belfort went to jail for. Now, remember why he went to jail for so little? It was because he was one of the first people to do that and the courts didn't know what kind of punishment to give out for that type of crime! Well, guess what? The federal gov't had no clue what to classify bitcoins, let alone altcoins as! They had no control over any of this. They couldn't POSSIBLY regulate altcoin markets. So, people like me got VERY interested. I immediately started a twitter account and I followed some of the main "pump n' dump" ones. They usually had 1-3k followers. These people were smart. They got together, usually 4-5 of these twitter owners into an anon chat. They'd invite hundreds of their dedicated investors (followers) to join the chat. They'd get it SUPER HYPED up in the chat an hour before the pump would begin. Everyone LOVED the ideas of pumps. And here's how crazy things are. These investors knew 100% what they were getting into. Pump and dumps are illegal in the stock market. They knew that, I mean these guys were investing THOUSANDS daily into this. How could they not know that simple information? Why were they illegal? Because investors usually (99% chance) LOST. BIG TIME. The only people to make money were the pumpers. Now, to provide further proof they knew what they were doing. I saw the same people both for these role model pumpers, and eventually when I started pumping too, the SAME EXACT people would return daily. They would invest hundreds and sometimes thousands of dollars even though they lost MULTIPLE TIMES before. They were addicted, like gamblers. I asked some of the people that lost after the pumps if they would quit doing this, they said no. They enjoyed the whole hype of it all. Some made profit even! *but nothing compared to us pumpers.

    Now, I was only a pumper for about a week. Like, I'd do my own pumps by myself. Here's where it gets even crazier. I got offers before pumps like this one (I got paid $300 by someone to offer pre-pump info early so they'd have a greater chance of making profit. Notice, GREATER chance. Not guaranteed!) I made the other $300 from my pumps. I made nothing compared to the other guys simply because at the time I didn't have enough money to invest. Here's how it all worked. I'd find an altcoin that based on its past few days seemed to be doing OKAY. It was worth nothing compared to other altcoins, usually so little I could buy TENS OF THOUSANDS of this altcoin for $100. I'd buy anywhere from 24 hours before, to an hour before I'd start the pump. Once the pump would start, everyone in the chat would "pump" up the price. Then I'd hit sell after 30 seconds and the altcoin price would fall and everyone else would lose LOTS of money desperately trying to sell their altcoin while I came out with 200-800% profit. Realize, I could've made 6 figures easily. But I wasn't the best pumper out there, obviously. Some of the other guys, woo, definitely made enough to buy porsches. ALSO, a reason why I sold my twitter account. I thought maybe the guy buying would be a better pumper. Unfortunately for him, pump and dumps died out shortly after for altcoins by the time I sold my account. So, all in all this whole thing lasted 4 or 6 weeks if I can remember. The first few weeks were sort of weak, but by the last week I made lots of money and sold my account. And then I got out of it all. I must say though, the adrenaline was amazing.

    So, do I regret my decisions? Not so much. I just wasn't good at something, YET still came out $3,000 richer. At the same time, I was working on my last YT accounts and heavily on reselling through Amazon. Last year was full of crazy wild rides where I'd make thousands of dollars within minutes. So, this story might come in handy to some people. I now focus on numbers. (Well, as you just read, I've always loved numbers.) But, I focus on large numbers of followers. My experience proved however, that even 900 followers sometimes may be worth more than 50,000 followers. It all depends on niche!

    Now, I'm not advising to do any of what I just stated. It's been over a year and I'm sure you wouldn't be able to follow since like I said, the pump and dumps died down and MAYBE regulations have been put in place. I'm not sure. What I do advise though, is if you want to make money, maybe look into the really worthwhile followers. As in, the 20-50 year old males I dealt with who had lots of cash to burn and wanted to invest. Remember, just alone the "pre-pump" INFO was worth $300 to one person. Imagine if I had repeated that to 10 people. How much effort did I have to do to earn that $300? Just to tell the guy which altcoin I would choose 10 minutes before the pump. One word. Worth $300.


    I'm really not quite sure what you may think of this, and I'm not sure if I even posted in the right thread. I mean, it was mostly done through twitter, so I decided to post it here. I want to read your responses.
    And, have a nice night BHW.
     
    • Thanks Thanks x 2
    Last edited: Jun 9, 2015
  2. Y M C M B

    Y M C M B Power Member

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    your story makes me feel good about not investing in alt coins :p
    Anyways, i hope you invested your money in something good op.
     
  3. fredfred547

    fredfred547 Power Member

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    Thanks for writing this up. I actually really enjoyed it and I never knew people were doing pump and dumps with bitcoins and alt coins... That's genius...
     
  4. asd84online

    asd84online Newbie

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    i hope you invested your money in something good op.
     
  5. Y M C M B

    Y M C M B Power Member

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    did you just copy paste my comment ? :creep: seriously ?
     
  6. avilux

    avilux Power Member

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    Thanks guys. Well, as a short follow up. Back in 2014 I did spend a lot of money too on some products. Some were crap, some I still use daily today. :) The rest I did invest into the YT + amazon stuff I had going on, and the profits from THAT.. well, we shall see. As I'm currently investing that money in IG and a few other social media platforms. In a few months I'll know if I made the right decision.

    And oh wow, @Y_M_C_M_B yeah.. I guess so. Didn't notice at first that it was word for word.
     
  7. djonez96

    djonez96 Newbie

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    Altcoins are just alternatives for bitcoins correct? So which cryptocurrency did you invest in specifically? Was it litecoins or dogecoins?
     
  8. pickmeup

    pickmeup Registered Member

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    Interesting. I wasn't very into bitcoins but I remember thus being a crazy time