Quote from: pawanjain on March 08, 2021, 05:27:42 PM

Quote from: Armani123 on February 23, 2021, 07:57:57 PM

~snip

This is a pure act of pump and dump and it is a well known strategy by big whales to manipulate the market and earn profits out of it.
They create a FOMO in the market and spread the word by signalling groups and social media pages such as reddit, twitter, facebook etc.. and then start selling once their threshold has been met.
But people these days have become aware of such dumps and are less frequent to fall for such FOMOs.

This tricks had been going on checked probably to decieve newbies who might fall for it, I had read and watched all those tricks on YouTube and other social media but I am not moved or carried away by this subtle way of tricking people having read so many articles on how whales tends to manipulate the market to their favor, however as trader I followed my instinct without any input from any signal provider or social media to trigger a trade.