Telegram Pump & Dump Groups - Worth it?

PatJustPat

Senior Member
Joined
Apr 26, 2019
Messages
817
Reaction score
361
Hello,

I found some of these "pump and dump" groups on Telegram. They charge you 200-400 USD to get access to the "VIP group", allegedly with profitable trading recommendations.

Are these groups worth it, or just a cash grab?
 
A lot of these groups are scams. They'll make it look like they're the real deal but 99% of these are scams.
 
Any recommendations on how to find "the real deal", or at least something that works?
 
I don't have any recommendations. One of my friends found this group on another forum. He first joined the 'reviews' group that was public and it was quite active, with a lot of people giving positive feedback. He joined the main group and paid in crypto. No prizes for guessing, it was a scam.
It is a well organized scam. If at all you want to take a chance, make a payment using a reversible payment method, like paypal or credit card, that is if they allow that. Maybe you'll get lucky.
 
99.99999% are scam. Admins will buy with their collaborators and then ask members to pump. If you still feel to get a signal to trade, you are not ready for trades!
 
These are all scams and they are not even close enough to make an impact on prices.
 
Some of the groups are well engineered by some group of individuals that are well connected to each other. They act as strangers in the public with the intention of deceiving others to believe everything is authentic. I recently fell victim to one of such groups recently.
 
avoid them, and frankly do proper on chain analysis.
I can suggest a few bots that can assist in new token launches.
 
Not at all rather buy leaked group sub where they leak calls from top trading communities so you can get all top tier knowledge for cheao
 
100% exit liquidity buddy
AFAIK the old "penny stock" newsletters usually allowed traders to make a profit if they entered fast enough. Have the scammers grown up to avoid that completely?!
 
I just watched a pump from the group "Sharks in Pump" on Telegram. They were definitely able to produce results, but it was incredible how fast the dump followed after that - in under a minute, everything was over. And the dump was hardcore, pushing the coin to -50%, lol

Allegedly, paid members get the coin name several minutes before it is released to the public.

Now, where is the catch? If I got the coin ticker sooner, what would stop me from making a tidy profit?
 
Back
Top