Example of Scammers PUMP & DUMP coin with low liquidity (less money in any coin of market = easier to dump price up to -99%)
1) First they annouce BIG PUMP on any exchange
2) If they take attention can follow another step = slowly start buying
#scammer #BTC
1) First they annouce BIG PUMP on any exchange
2) If they take attention can follow another step = slowly start buying
#scammer #BTC
3) If people catches it they pump their bags by more buying coins (what is important = they need have more coins than participants, 80% would be enough from the last minutes transaction to pump price enough and be profitable for them)
4) Sellin theirs bags and leave people
4) Sellin theirs bags and leave people
*Transactions are done on LTF (Low Time Frame) which is a key for scammers to manipulate price and earn on it*
#cryptomarket
#cryptomarket
DON'T THINK to earn on these schemes, cause theirs bots will be faster than u in buyin coins neither sellin.
If you think u can be smarter or do better.
Remember they don't use hand of any human, but algorithm based on their strategy✍️
⚠️STAY AWAY FROM THEM⚠️
If you think u can be smarter or do better.
Remember they don't use hand of any human, but algorithm based on their strategy✍️
⚠️STAY AWAY FROM THEM⚠️
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