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How to find good crypto pump and dump groups in 2022?

When trying to get the most out of the cryptocurrency you have, there are a number of strategies you can use. One of them is known as the "pump and dump strategy. In this case, the individual or entity artificially inflates the value of the currency, stock, or commodity they hold.

By Easy SEO OptimizerPublished 2 years ago 4 min read
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How to find good crypto pump and dump groups in 2022?
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What is the Pump and Dump Strategy in Cryptocurrencies?

When trying to get the most out of the cryptocurrency you have, there are a number of strategies you can use. One of them is known as the "pump and dump strategy. In this case, the individual or entity artificially inflates the value of the currency, stock, or commodity they hold.

This can be achieved by providing information that is not factual or true. This strategy essentially relies on misinformation to drive up the price of the commodity or stock it holds. A price increase in such a case is called a "drawdown."

Once the price reaches the desired level, the account holder can start selling it. This is called "dumping."

How does the Crypto Pump and Dump Groups strategy work?

To ensure the success of this strategy, The organizer or group of organizers selects the asset. In most cases, the asset is a low-capped cryptocurrency that always trades in a flat trend. That said, it's not something that would normally attract the attention of other investors. In most cases, such an asset costs only a few cents because it is much lower than the popular assets in the market.

Organizers buy this asset in small volumes so as not to trigger a market frenzy that can lead to higher prices in a short period of time. As the acquisition of a coin or asset is in progress, the promoter establishes a well-thought-out marketing strategy. Marketing can be done both online and in other media. The campaign message is usually a promise of future revenue. This is what attracts more people to a particular coin or asset.

When people start buying the coins, the organizers also buy them, causing the price to jump up. As traders follow the trends regarding a particular coin, they start buying it and this increases the price. This frenzy of coin buying is referred to as the "first pump and dump" and is often characterized by large token or coin sales.

The organizers allow prices to be reduced to a reasonable minimum after the first wave of pumps. Then they repeat the same process. The second wave is often characterized by higher prices and more traders' interest in specific coins. As prices reach their highest level, The organizers will sell off all their assets and make a substantial profit.

Short-term and long-term pumps and dumps

There are short-term and long-term pumps, each aimed at achieving a specific goal. For example, short-term pumps are made in a short period of time, and organizers sell off their assets in one case.

On the other hand, long-term pumps are meant for bigger profits. They usually happen in waves. In the first wave, there is an increase in the price and possible purchase of coins, followed by a decrease in the price of a particular coin or asset.

After some time, the same process occurs, but the second wave is characterized by even more marketing and larger buyouts. Long-term pumps can have more than three waves depending on the wishes of the organizers.

Risks associated with the Pump and Dump strategy

Just because pumps and dumps can make you money doesn't mean you won't face risks. First, when considering using this strategy, you need to be sure that you are joining a legitimate group. Keep in mind that there are hundreds of groups or organizers who may claim to have the right strategy, only to screw things up in the end.

Another risk you are likely to encounter is that you are never really sure if a strategy will work. You may end up investing a significant amount of money into buying coins in hopes of selling them when prices rise, only to realize that your pump and dump strategy isn't working as effectively as it should.

There is also the risk that he will have to deal with the law. Remember that some people consider this strategy illegal and may report you as a scammer.

How do pump and dump Telegram?

Crypto pump and dump groups on Telegram are channels that send signals to unknown crypto coins and influence the prices of low volume coins. Eventually, such coins will gain tremendous value.

Crypto pump dump and Groups on Telegram come in a variety of options for users. Some groups require you to pay a fee before joining, while others are completely free.

Some of these groups are open to the public, meaning anyone can access them and find information. There are also closed groups that require you to request to join before an administrator will approve your request.

Once you become a member of that group, you will be able to benefit from the inside information shared in the group. This information will help you know when to invest in a given coin.

Crypto pump groups and dump groups on Telegram are usually formed by an individual or a group of people. These individuals are called admins and are in charge of setting up all group rules, including pump signal guidelines. They are also responsible for accepting people into groups.

These admins usually open Telegram channels with many subscribers. In most cases, you will find up to 50,000 subscribers in one group. They are also responsible for choosing the coin with the lowest liquidity in their own judgment. Group admins also choose the time and date to publish the pump signal.

When administrators give a signal, thousands of their members buy the identified coin. This action will cause the price of a particular coin to increase. In most cases, the value of the coin will increase tremendously within minutes.

Conclusion

If you are interested in trading cryptocurrency, you should be aware of two of the most popular platforms.

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