Price Manipulation in Crypto (and how to protect yourself)
The Four Stages of the ‘Pump and Dump’ Scheme
Stage one – the group organizer selects a low volume coin and start to accumulate without moving the price up.
Stage two – a week later the group leader notifies the group insiders about which coin will be pumped. They buy the coin and prepare their sell orders.
Stage three – the coin is announced to the general email list, social media groups, forums and chat boxes. Fake news blog posts are published and another wave of promotion goes out to email lists, social media groups, forums and free public chat groups.
Stage Four – the group leaders sell out – as The public drives up the price and gains everyone’s attention, which generates more buying and drives the price up past all the group leaders sell orders…
How To Profit From Pump And Dump Groups
As conspiracy theories go, the coins that are about to be pumped – will show a tell tale story in the price charts, revealing the pre-pump activities going on behind the scenes. The group insiders may not be as stealthy as the group leader, and they move the price up – revealing a common pattern that can be found in most coins before a major pump occurs.
Be it the speed of social media, insider buying, or organized price manipulation, if you know what to look for, you can be joining in the pre-pump phase before the news goes public, and you can also benefit from the excitement phase of the price move.
Many times, a good pump coin will be pumped more than once or twice. By monitoring and tracking the activities of the pump and dump groups – we can compile a list of coins that have a high likelihood of being pumped again in the near future.
Part One – The Pre-Pump
Potential Popcorn (Pump and Dump) Market – WINGS – Identified Jan 8 2019
History of popcorn moves nice OBV buying the past three months!
Great chart formation at foothills of bull market
Rank 270 Market Cap! 8.3 million (2047 btc)
Part Two – The Pump
Part Three – Taking Profits
Part Four – The Dump
