Quoted this !
"There are 1387 Cryptocurrencys listed on coinmarketcap.com.
And most are, to say it mildly, shite.
Scam Pump & Dump coins.
I will include Dogecoin in the shite category.
A joke coin now hitting the $Billion mark.
It has no other function but being a very expensive joke."
How will I know if the coins are scam pump or dump coins?
I need to learn more about this.. Thanks for this blog post very helpful.
Thanks for giving it a read. Check out who is behind the Coins. Are they known to the community. Is the Coin another very bad copy of Bitcoin. You can make money on these Pump & Dump. If you have money to burn.
You need to be dumping when you have made your profit. But most of the decent Cryptos will gain even after a big fall. So the idea is you hang on to those as the profit is in the long term.