RE: Is Crypto Pumping? What Are The Risks?

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Is Crypto Pumping? What Are The Risks?

in cryptocurrency •  7 years ago 

Too many people have figured out how to take money from the market without depositing much if any. If you create a billion coins, and only put 1,000 on an exchange, and buy those thousand for $1 each, you instantly create a 1 billion dollar project. Pay some “influencers” and give some out via airdrop, to create a buzz. That way new investors can slowly purchase your 900 million as you leak them on an exchange, and you never have to work again. That’s how to effectively take more than you put in, and it’s way more lucrative and less risky than injecting fiat.

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