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RE: BravadoGroup and Several Other MAJOR Crypto Influencers Caught Planning Massive Pump And Dump Schemes

in #cryptocurrency • 6 years ago

This reminds us that we ALWAYS need to do our own research before investing in a coin.

6 years ago in #cryptocurrency by
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     6 years ago (edited)

    What??? NO, this should NOT be your takeaway. The coin they picked has great fundamentals and potential. There is no way that doing research can uncover private Telegram channels unless they are exposed (which rarely happens).

    Your takeaway should be that:

    1. All crypto markets (especially micro-caps) have the potential to be massively manipulated.
    2. Every crypto influencer you know/follow has definitely been approached multiple times by P&D groups. The ones with integrity won't participate, but it is almost impossible to know.
    3. No amount of research can protect you from privately planned pump and dumps. However, always do research -- if you do buy into a pump and dump, at least your coin has a chance of surviving.
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     6 years ago 

    When I'm considering to buy a coin I never go in if the price is mooning for no reason... sometime I guess i'm missing opportunities but there is many other in the crypto world!

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       6 years ago 

      Research won’t protect from pump and dump though. From what I’ve read they target coins with good fundamentals and low market cap. Which is also an investment strategy.

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