Each person on that group has their own intentions. I am pretty sure that they will throw FUD and hypes without any evidence. It is okay to join that group but do not get any tips from them without actually checking it.
The group can act as a guidance and you can cross check the info with your own research.
Yet another ann for a pump group, it is just the same old story to scam a few newbies that think that this is the way of making money instead of learning.
I TOTALLY AGREE... STAY AWAY FROM THIS GROUP... 1% of ppl who are inside can make money.. others lose.
Do you really believe that some small group of people will be able to influence the bitcoin course? Or crypto currency in general? I think that there is not important the number of people there is important amount of money.
The number of people does not matter but their spending capacity does.
If you have some brain left you would use it to understand why these groups are scam and how you literally give your money to the owners and a few lucky guys in the group.
lets start with one point-all pump and dump groups are basically shady,thieving instruments designed to make one (or a group of the fastest guys) guy make money,as per some weird coincedence it is the admin of the group the rest will always lose money,the laws of physics work in trading too-you can't get something without someone somewhere losing so in this case the ones who are losing -the members of the group,again bar the shrewdest and the fastest ones I don't even want to talk about the damage they do to the coins some of which would never recover from the dump
I have read that pumps actually give life to dead coins.
There's no such thing as a "good" pump group. It's only good if you're actually the owner and the one making calls/signals. Before the owners/admins pump a coin, it's almost guaranteed that they've stocked up beforehand, so they can sell on the way up.
I agree, if you are the owner of this group or you know its owner, then you can assume that it is good group (for you) but otherwise, it is just like any other pump dump groups.