04-05-2021, 01:11 AM
I participated in my first (and last) coin pump today
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/mjz64m/i_participated_in_my_first_and_last_coin_pump/"> <img src="https://b.thumbs.redditmedia.com/rWJdY-gcN2ckXPyEdIaGQxl0ODKvDwrKXwM8Vu4j5Rg.jpg" alt="I participated in my first (and last) coin pump today" title="I participated in my first (and last) coin pump today" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>Pump groups always smelled like fish to me, but you know, I somehow ended up in a <strong>Telegram pump group</strong> out of curiosity. I saw the group was pretty large with <strong>tens of thousands</strong> of views on every message that moderators sent to the group. I checked the last pumps they did and <strong>on the graphs, it looked good</strong>. There was a big spike when they said the pump will happen so I decided to give it a try next time they organize a pump. <em>That was today, less than an hour ago.</em></p> <p><strong>Immediately</strong> when they announced which coin will be pumped, I bought it, well, I tried at least. I got an error a few times. For sure there was <strong>a lot of traffic coming from that pump</strong>. Due to errors (which took me like 15 SECONDS), <strong>I managed to buy the coin</strong> so high, that it just went down from there. That was it, a pump lasted a minute (considering where it hit the highest point) and it was downhill from there. I bought higher than any one-minute candle closed.</p> <p>​</p> <p><a href="https://preview.redd.it/smw6qy1ji6r61.png?width=576&format=png&auto=webp&s=22e390c915e09dbe528aa24baa978b9e05e2ef02">1 MINUTE candles from the time of the pump</a></p> <p>I'm happy I did this with a <strong>small amount</strong> just to see how that works. <strong>I lost a few %</strong>, but that's just a few bucks as well, thank God.</p> <p>There, <strong>I tried it so you don't have to</strong>, and by that time I already <strong>left the group</strong> as well. <strong>Stay away from any pump groups</strong> and good luck in your crypto journey in general! </p> <p><strong>P.S:</strong> Pump target was 50%, while the price pumped "only" 20%, and as said it was impossible even to buy before the highest point in the pump. <strong>That's probably when the moderators cashed out.</strong></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/zzaann"> /u/zzaann </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mjz64m/i_participated_in_my_first_and_last_coin_pump/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mjz64m/i_participated_in_my_first_and_last_coin_pump/">[comments]</a></span> </td></tr></table>Kind Regards R
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/mjz64m/i_participated_in_my_first_and_last_coin_pump/"> <img src="https://b.thumbs.redditmedia.com/rWJdY-gcN2ckXPyEdIaGQxl0ODKvDwrKXwM8Vu4j5Rg.jpg" alt="I participated in my first (and last) coin pump today" title="I participated in my first (and last) coin pump today" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>Pump groups always smelled like fish to me, but you know, I somehow ended up in a <strong>Telegram pump group</strong> out of curiosity. I saw the group was pretty large with <strong>tens of thousands</strong> of views on every message that moderators sent to the group. I checked the last pumps they did and <strong>on the graphs, it looked good</strong>. There was a big spike when they said the pump will happen so I decided to give it a try next time they organize a pump. <em>That was today, less than an hour ago.</em></p> <p><strong>Immediately</strong> when they announced which coin will be pumped, I bought it, well, I tried at least. I got an error a few times. For sure there was <strong>a lot of traffic coming from that pump</strong>. Due to errors (which took me like 15 SECONDS), <strong>I managed to buy the coin</strong> so high, that it just went down from there. That was it, a pump lasted a minute (considering where it hit the highest point) and it was downhill from there. I bought higher than any one-minute candle closed.</p> <p>​</p> <p><a href="https://preview.redd.it/smw6qy1ji6r61.png?width=576&format=png&auto=webp&s=22e390c915e09dbe528aa24baa978b9e05e2ef02">1 MINUTE candles from the time of the pump</a></p> <p>I'm happy I did this with a <strong>small amount</strong> just to see how that works. <strong>I lost a few %</strong>, but that's just a few bucks as well, thank God.</p> <p>There, <strong>I tried it so you don't have to</strong>, and by that time I already <strong>left the group</strong> as well. <strong>Stay away from any pump groups</strong> and good luck in your crypto journey in general! </p> <p><strong>P.S:</strong> Pump target was 50%, while the price pumped "only" 20%, and as said it was impossible even to buy before the highest point in the pump. <strong>That's probably when the moderators cashed out.</strong></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/zzaann"> /u/zzaann </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mjz64m/i_participated_in_my_first_and_last_coin_pump/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mjz64m/i_participated_in_my_first_and_last_coin_pump/">[comments]</a></span> </td></tr></table>Kind Regards R