How to identify Pump and Dump

in #bitcoin6 years ago (edited)


When you see 90 degree hike, there is most likely to be pump and dump scam. Once you see this, trying checking the reason behind that and best practice is to read the reddit community or their community telegram. And if you find nothing worth pumping the price. This means that this is 100% a planed pump.



Good explanation my friend @palani, thanks ;)

First rule: do your own research. Do not follow internet 'gurus' advices etc. The more PR and hype around an asset the more chance there will be a dump after a pump.

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You can see the article here:

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You got a 13.68% upvote from @upmewhale courtesy of @palani!

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It is not possible to identify pump and dump.
Most pumps and dumps are from ICOs, that's all i can say.

This post has received a 11.22 % upvote, thanks to: @palani.

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