Pump and dumps follow a repeatable methodology, the preparation takes some footwork first and the pumpers usually go through the following steps
Step 1: Accumulation:
All The Participants Gather Up At A Stipulated Time And Start Buying the Coin Immediately As Soon As The Signal Is Given driving the price to the Peak
Step 2: The Holding And Trolling Phase
Once Coin Is Bought Members Keep The Coins With Them And Start Trolling The Chatbox of Targeted Exchange, promoting the coin in lieu of Inside Info etc. so that Outsiders Start Gaining Interest and Start Buying Slowly
Step 3: The Dump
The Members then start selling the coin to the traders who are not a part of the group and set sell orders in small chunks thus ending up with Good Profit
Now Comes The Question Of Finding Legitimate And Good Channels/Groups. Choosing the Right Channel Makes A lot Of Difference And Ensures Healthy Profit For Memebers
Characteristics Of A Good Group
1- Channels with No VIP System or Early Coin System which would avoid Pre-Pump and give fair opportunity to all members to Earn
2- Channels With Less or No Advertisements and Cross Promotion
3- Channels With No Spamming or Scamming
One Such Recommended Channel which meets all the criteria Is
https://t.me/whaleclubpumps
Pumping Since Several Month With Great Performance And Accuracy Ensuring Good Profit For Its Members
Source: https://medium.com/@whale_club/top-pump-and-dump-telegram-channel-group-2018-cd2dab949138
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