Pump and dump, how much you will earn?

        In Telegram and on other platforms, you probably could see ads for "Pump channels", they call themselves channels with signals and promise a minimum of "x100 profit" every day. What is the catch?

        Pump and dump is a scheme used by 99% scammers, where the guys disperse a certain currency in a price (little-known) in order to make profit to its participants. But really the original task is to make money by yourself.

        Pampas crypto currency are divided into two types: short and long. A short pampus lasts from 5 to 30 minutes, sometimes 1 hour. On it you will only lose money. Organizers of such a group pre-purchase the required number of coins, place orders + 50/100/150% and give a buy signal. Credulous grief traders simply give their money to the organizers, where then they will drop these coins - their personal problem.

        The long pampus lasts about a day and here the participants of the "Pump channel" are in the middle of the food chain. Such groups are used as a driving force in the acceleration of the course. A trader with experience and great luck theoretically can catch the beginning of the pampas and leave the asset before the turn. It must be understood that with the artificial pumping of the course, the tools of technical analysis do not work and it is impossible to predict anything.

        Regardless of the type of pampas after it, pre-prepared "proofs" will be posted on the channel, as subscribers could earn. This is done to agitate the new arrivals and close the mouth to those who lost money. Allegedly, they violated the instructions and therefore lost - an old, but effective psychological device.

        And there are paid "Pump channels", where everything is supposedly serious. There users earn twice.

        P.S. Do not confuse channels of pampas / signals with channels on technical analysis, these are different things. Technical analysis is a perfectly normal and working tool.