How to identify Pump and Dump

palani (57)in #bitcoin • 7 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.

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#crypto #cryptocurrency #money #steemthat

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steemcleaners (83) 7 years ago

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$1.54

1 vote

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emmanuel250998 (53) 7 years ago

Good explanation my friend @palani, thanks ;)

$0.08

2 votes

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voluntary-io (43) 7 years ago

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.

$0.08

2 votes

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cryptobroye (40) 7 years ago

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