Few days ago i added by someone into crypto pump channel on telegram. They claimed that recently they have done many pumps and all pumps were successful done and on 29th August they were about to create huge Pump on binance. But nothing was actually happened on 29th. I lost around 0.04 BTC in 5mins.
So guyz be aware of these kinds of channels.
Maybe everyone must educate themselves to survive in this industry. Trading does promise fast profits, and anything is possible to get it. So I think nowadays many people turn into traders when long-term investments are still far from expectations, and they take advantage of the situation to make a profit.