Didn’t Find Enough Information about Pump and Dump Signals? Swipe Below and Find out Everything You Need!
Pump and dump crypto groups are channels that post signals on unknown crypto coins, creating an automatic price increasing.
Safetrading lists about 20 pump and dump groups.
As you can see, there are no “approved” groups.
I am sure you heard about the pump and dump scheme cases.
The thing is that 99,9% of the crypto pump and dump is a special form of scam.
And below we will tell you why!
What Are Crypto Pump and Dump Telegram Signals?
During our experience, we noticed 2 schemes with pump and dump signals.
Let’s go through the first type with the example of Crypto Kirby.
If you write them in order to buy a subscription, you will get the message with their VERY, VERY high prices.
Then, imagine, you subscribed.
Then, in a couple of days, you will receive a message like “We have a huge pump signal, but only some people will get an opportunity to take part in it. For this, you need to send 0,1 BTC to this wallet.”
Very naive users send this money and then… it is the end.
This pump and dump scheme is “about pumps”, but actually the admins of such groups only claim they have something, but in reality they simply scam newcomers.
The second pump and dump scheme cryptocurrency is really about pumps.
You subscribe, and then start to trade with the help of signals.
But those signals are not for you!
Ha-ha.
How is this possible?
Actually, it works like this:
The admin, his friends, etc. want to earn some money. They start to promise that soon they will post a huge pump coin. They write the names of those coins, the time of publishing the signals.
Then, before posting the signal, they buy a certain coin at a very low price, and after that, they post the signal.
Usually, such groups have many paid members, because they set low prices or sometimes are even free to join!
The more people buy this coin, the higher the price will be.
Very simply.
Only admins and 10% of paid members are lucky to get the profit. Other people earn nothing.
Even more!
Some of them wait till the coin costs more, and in the end, they are in a huge loss.
And you are lucky if the group is free to join!
Which Signals You Can Trade With
We have a lot of users asking us to advise a good pump and dump crypto channel.
Do you know what we advise?
We tell them to choose an approved crypto provider who managed to succeed in crypto signals review!
Yes, they don’t offer pump or dump signals, but they post clear and profitable signals!
Below I will provide you the list of good and reliable crypto traders with will not only save your money but help you to earn more of it!
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Crypto Classics - they have more than 15 years of experience in trading! If you are looking for profitable Binance signals - choose them and start to earn money!
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Bob’s Crypto Trades - one of the best day traders we have. Profitable Binance and BitMEX signals, perfect support and friendly users’ chat are waiting for you!
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Infocrypto - one of the most experienced providers. They have a very convenient bot for posting signals, so you will never miss any trade!
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OnwardBTC - they went through the hard and long ways to become experienced traders! And now they can offer very profitable signals and low prices on the services!
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Fat Pig Signals - the good provider of Binance and BitMEX signals. They offer perfect support and affordable prices.
Final Thoughts
Today we discussed with you how pump and dump groups work.
Now, you know why you DON’T HAVE TO trade with their signals - it is simply unprofitable.
Above I provided you the list of trusted crypto traders who will give you only profitable crypto signals.
Is pump and dump illegal? If we talk about crypto channels - yes!
Safetrading - don’t trade with scammers, earn with traders.