Hi, what are your favorite crypto communities on Discord ... is there any way to get notifications to email address when discord server admins share crypto signals?
At the moment I'm checking the different servers every 15 minutes to see if they post signals, but it's not very efficient
In general, channels that post signals are
pump-and-dump scams.
Here is how it works:
1. The channel operator buys a large number of tokens.
2. The channel operator publishes a "signal" telling everyone in the channel to buy the token.
3. The price rises as the channel members start buying.
4. The channel operator sells their tokens as the price rises and makes a profit.
5. Channel members eventually stop buying and start selling.
6. The price plummets because there are no more buyers.
7. Channel members are stuck with worthless tokens.