Post
Topic
Board Altcoin Discussion
Re: Altcoin pump and dump
by
Jesabela04
on 16/11/2020, 18:38:46 UTC
Hey guys,
I've checked some intersting altcoins which are pretty cheap now, the projects look promising and legit but I'm still afraid that they could be another pump and dumps (there were so many of them already!). What are the signs or metrics that send alert signals about the projects and I should check deeper or not risk my money? Or is it just impossible to tell if it's another pump and dump scam project.

As for me, it's risky if you have invested with a new coin. The pump and dump are normal not for fully established coins but new projects or new coins with few volumes. Sometimes, that's another scammers' strategy that we have to be careful about. I have experienced the same thing before and I have learned that some risks are not worth taking.