Home Crypto Events Pump and Dump is a Manipulative Scheme in the Cryptocurrency Space

Pump and Dump is a Manipulative Scheme in the Cryptocurrency Space

Pump and Dump is a Manipulative Scheme in the Cryptocurrency Space

Cryptocurrency influencers themselves are not many times sure of the price trends because what they declare are their opinions and not all opinions come with merits.  Indifferent reactions by the community to the influencers they most trust are very common particularly so, when the influencer talks in a different tone than they usually do.

Lark Davis Shared: If you can’t handle the dumps then you don’t deserve the pumps! bitcoin crypto.

For Clarity, Pump and dump is a manipulation scheme that individuals or an entity will accumulate the buying of a vehicle (stocks, crypto, commodities, etc) and artificially inflate the price through means of spreading misinformation and once the price is increased (pumping) they will start selling it off (dumping).

Community Response:  You always say to the moon and now blame the ones who listen to you!

The best quotes by him are “to the moon” and ” I have x coin in my bag” according to his videos he has a lot of different coins. He only has BTC and ETH rest are just advertisement deals.

This is the most moronic comment I have ever read. Just learn to short and make money on the drops too.  Also, if you don’t know the future, stop making price predictions.

Green Chart is about to break into the weekly top 5CMC featured gainers! There is finally a dip from the BTC crash and an impatient whale! ETH bridge is coming to allow ETH investors to buy who statistically on average invest 5x more than BSC investors.

Yup, time for Bitcoin motivational quotes. Here’s one, if you got into crypto in 21 then a quick trip to the bear market is the best thing in the world for you. We were never going to get rich messing around at the top of a market.  This feels like 29k back in July. False breakout of 42k before the next leg up. Institutions are remarkably good at fooling retail investors, and sadly they never learn.

Enough of your pumping motivation, save money by buying the dip. Not yet but lower low.

If you DON’T listen to the experienced Lark perhaps when it comes to making a profit in #crypto you’ll always be in the Dark.

Who will be the last one standing when the music stops? Larky, all I have been handling are dumps, when pumps?  There’s a difference between a short-term dump and a bear market.  The issue as I see it is that many of the retail investors under duress from a pullback have put their entire $183 fortune into one bucket.  Late 2021, brought a lot of newbies to crypto/trading in general. They will learn or leave. Last will regret it later.  The Bitcoin dumps are your ticket to the pumps.  That’s why we are only investing long-term and DCAing for 5 years portfolio.

If you don’t look at the graphs there are no dumps or pumps. Is it pumping? 50% of them haven’t got a clue.

 

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Maheen Hernandez

A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first emerged in 2009. Nearly a decade later, Maheen is actively working to spread awareness about cryptocurrencies as well as their impact on the traditional currencies. Appreciate the work? Send a tip to: 0x75395Ea9a42d2742E8d0C798068DeF3590C5Faa5

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