RE: The CFTC Warns of Pump and Dump Schemes and Offers Monetary Rewards For Whistle Blowers

You are viewing a single comment's thread from:

The CFTC Warns of Pump and Dump Schemes and Offers Monetary Rewards For Whistle Blowers

in crypto •  7 years ago 

There are not succesfull pump and dump groups. There is not a fair chance to jump into a pump and dump coin if you're not before the coin has started to pump. Otherwise your risk per trade skyrockets and thats a bad thing for consistency.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Agreed, the risk of becoming an overpriced bag holder is not worth it. Plus exchanges are starting to crack down on accounts that show patterns of participating in p&ds.