Post
Topic
Board Bitcoin Discussion
Re: What do you think about Pump-dump groups?
by
Mahanton
on 06/07/2017, 13:01:08 UTC
I'm starting to see a lot of threads regarding pump and dump groups in the forums with some links to the Telegram groups associated with them. With all honesty, what do you think about these groups and do you support them?
No,we should not support them.They already buy some altcoins and just need us to pump their coins more.If we trust them and buy those coins,then we would have to face loss as we don't know clearly when those coins would be dumped.Those groups have to be avoided.
If you are really dumb enough then you will definitely fall into the trap on which you would buy a certain coin and been left by those groups because they did already secure their profits when you are still buying that coin which is really a disaster thats why i dont really trust pump groups because you would really act as a dummy and just been used for their purpose.