DO NOT depend on 'Pump and Dump' groups to make money in cryptocurrency .. if your financial situation is good enough to invest in long-term coins.. then you can invest in different crypto's..
But relying on such groups to make quick money WILL result in loss of both your valuable time and resources in the form of your bitcoin investments.
STAY SAFE
More info please.. I've assumed such things exist but know nothing about them.
I think the key is to find a proper pump and dump group who I big enough to cause a wave with people who you can trust.
Have no idea how to get into one those. Perhaps a matter of knowing a guy who knows a guy...
True bro! Good morning!
Such groups exist to fleece unsavvy sheep. If a group announces a pump, that means they have been quietly accumulating the coin they're going to "pump" for the past week or two. The actual pump involves a few large buys to bump the price, before the group proceeds to dump the coin they accumulated for cheap on anyone who tries to get onboard thinking they can make a quick buck.
Another hard lesson I had to learn