Re: noobs work together form group to daytrade: collective mind of traders
by
beamin
on 12/02/2021, 05:07:53 UTC
THATS NOT WHAT I MEANT AT ALL!!!!1
I was thinking 5-10 noobs who are trading a few hundred dollars. No way would we be able to organize enough or have the capital to pump and dump. I remember in 2017 all the KIDS on youtube saying they will teach you how to trade when really they were getting you to be one of their bitconnect underlings or suggesting a coin then dumping, and people were stupid enough to keep watching their videos and buying their coins.
I was thinking more of a small group where we put our heads together, not our funds I even said you could paper trade so why would you think pump and dump?. I in no way have the ability or reputation or status on a small message board to get nearly enough people and funds to swing any coin let alone pull a pump and dump. Plus I think pump and dump is morally wrong. Hence why after studying my series 7 and 63 in 2006 getting sponsored and bonded I changed professions to work a different job, because I saw it as legalized gambling with other peoples money, remember credit default swaps? The more I learned the more I realized the whole thing was unstable and guess what? 2008 happened, but I felt the effects in 2007. .Im still curious why everyone instantly jumped on me for a pump and dump scheme, I'm guessing many trolls on these board have tried this?