whassup, you know any groups about forecasts or short updates on buying/selling?
Do not join any of those groups, many are making it seem as if they are giving signals but the group is a pump and dump group, the owner of the group buys coins before he gives the signal then when he gives the signal everyone begins to buy and it may seem as if the signal is correct but that is only because everyone is following his lead then he sells and everyone losses his money except the one giving the signal.
Sure no pump groups! They are created to make profit on your losses and you'll never be on time - they are buying in advance and you don't know which coin will be pumped. So when they give coin name in such groups all the newbies start to buy, price grow up, group leaders sell all their coins to you and price goes back down
Nice analysis, it's like a pyramid scheme or a ponzi scheme where founders give a good return to new clients in the early stage and them scam later when they take profit. I don't normally listen to a pump group although there are free because I know they are serving their personal interest on their call and in the end it's the newbie will become victim of big loses.
Somehow I can say that newbie deserve loses because they are too aggressive, their view on crypto is different, they thought it's a quick scheme for profit so they risk their money without making a research. They got hype actually in short, and this pump group will always stay but newbie should learn from experience.