I recently found a telegram group that pumps coins. Obviously a scam but i was able to track their wallets and i am able to know which coin they will pump before they announce it to the 100k members. I was wondering if i can take advantage of this. Is it possible or i shouldnt waste my time on those guys?
How to take advantage of pump groups?
- Thread starter mdleaks
- Start date
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- Tags
- pump and dump pump crypto
Uncle Muriko
Senior Member
- Apr 8, 2012
- 1,044
- 321
do they actually pump the coins high enough? If so, I'd like to join that group 
nah, they create the coin - buy 70% of the supply and announce it in their group. then they sell everytime it goes up a bit and they make a profitdo they actually pump the coins high enough? If so, I'd like to join that group
DustyBawls
Senior Member
- Mar 29, 2023
- 1,109
- 468
So that will be why they ask me to promote it to my 3 million followers.
- Nov 15, 2022
- 4,357
- 4,012
Copytrading them can be risky, if they notice that you and more copytraders are following their steps, they can dump on you
johnbennett
BANNED - Failed to resolve a dispute
- Oct 24, 2023
- 1,851
- 466
You can buy before their announcement, but these pumps always end in a quick dump. It’s very risky and you could lose everything.
- Jun 5, 2024
- 104
- 23
Perhaps those who share your ideas are exactly their target.
Better just stay away from them, it's risky.
Better just stay away from them, it's risky.
Crytononame
Senior Member
- Oct 24, 2024
- 801
- 442
If those wallets have been around for a while, then yeah, you might be able to leverage that. There are definitely "hunters" in the trading world who mirror the moves of big players or insiders.
However, I'd bet they switch up their addresses often. Pumping coins is pretty much on the edge of legality, so they'd be careful about securing their assets. Are you 100% sure those are their actual addresses?
yes im 500% sure. At least i know they are the addresses they use to pump the coins and then they withdraw to other wallets, but i did find the last coin they were gonna pump 5 hours before they announced it. Maybe i wont be able to do anything while actually trading with the coin, but i could make a telegram channel to warn people about it and do something with that ig.
chrisgreen
Registered Member
- Jan 7, 2025
- 80
- 39
I'd avoid any of these P&D groups, like others have said, they own the majority of coins and simply rug pull the users. Also with the amount of bots you can never sell at peak as it's all automated and it's always the unsuspecting users who get robbed. Avoid them like the plague