You’re about to get REKT! So read this…
No matter how many times I push this newsletter, there’s someone out there in this wild-wild-west crypto space that’s not going to see this; even if you share it.
But here’s the thing: the pump and dump (PnD) groups are back in full force. A bunch of people are leveraging on the WallStreetBets saga to create shitty PnD groups.
Not going to make this too long, but here’s how it works:
•They get you into the group and ask you to invite your friends – the bigger the number, the better the pump!
•They (leaders) buy up the coin, set a time (say 5 pm). Once it’s the hour mark, they announce the coin and noobs rush in to pump their bags while they smile to the bank
How do you feel safe buying a coin that’s up 40% in 3 seconds? Chances are you’re getting REKT! Odds are very high, even if you come out unscathed.
Experienced traders never chase pumps! (read again)
Several people for the first time asked me how/where to buy DOGE few days ago after an 800% pump. It’s the easiest way to lose money in crypto.
Lately it was rumored a group of people would pump XRP on Feb2. Group got filled with over 170k people –some who have become bag holders today or exited in huge loss.
Nobody announces a coin beforehand – it’s only logical that traders will front-run the news and spoil the fun.
One smart explanation to this – the group leaders already bought XRP even before announcing the pump. They front-ran the front-runners!
If you’re losing money in a bull market chasing pumps, you’re wrong and you need a mentor.
One of the ways to become a better trader - first, stop buying the top and selling the bottom!
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