Pump and dump: Have you lost money?

domainking131

Forum Leader
Staff member
I was a part of many telegram groups that promote pump and dump. While what seemed lucrative with over 4x returns in minutes, I as a noob, entered the market with $250 just to try and check if it works.

I lost $50 in 1 second. Before I knew it, it was already trading below my buy price and I had lost some money.
It is mostly a scam where the group promoters already are into the position where they buy the currency beforehand and when others enter the market during a pump, they exit their position.
The ones who lose are the newbies.

How has your experience been with the pump and dump? Tried yet?
 
Similar threads
Thread starter Title Forum Replies Date
domainking131 Bitcoin Cash Pump Stalls, Stabilizes Near $1500 Cryptocurrencies 0
jedi Domain Mitsu dump.... 5 .in domains --- All for $10 TOTAL !! For Sale 0
Digital Pandit OSRAM GmbH should not have lost a UDRP involving OSAM.cloud Legal Issues and Dispute 0
Digital Pandit Assurity Life Insurance Company lost UDRP Legal Issues and Dispute 0
Digital Pandit PureTalk sues to upgrade its domain name after it lost a UDRP case Legal Issues and Dispute 0
Digital Pandit How Google seems to have lost part of the search index! Registrars 0
Digital Pandit Cybersquatting challenge lost by Dakota Access Pipeline operator Legal Issues and Dispute 0
Digital Pandit Former CEO of Pitchtime lost control of domain brands after company files UDRP Legal Issues and Dispute 0
Digital Pandit Mike Mann lost UDRP for LeaderInMe.com Legal Issues and Dispute 0
webmaster75 Please Help Eric Lyon He lost everything in the Houston Flood The Lounge 0
domainking131 New gTLDs have lost 2.3 million domains in the past 8 weeks New GTLDs 5
Geordy Lost opportunities Marketing Your Website 3
domainking131 Volkswagen lost UDRP against the domain My-GTi.com Legal Issues and Dispute 0
domainking131 20 Year Old Domain Name WorldTradeCenter.com Lost in UDRP Non-Indian Domains 0
domainking131 Nike victorious : 20 year old Romanian domain lost in UDRP Legal Issues and Dispute 2
domainking131 Emmy.CLUB lost in UDRP – Chinese domain owner’s amusing response! New GTLDs 0
domainking131 EHF.com Lost in UDRP Legal Issues and Dispute 0
domainking131 ZT.com lost in UDRP Non-Indian Domains 0
domainking131 ButtonMakers.com Registered in 2007 Lost in UDRP To Co. That Registered TM in 2014 Non-Indian Domains 0
domainking131 Ellery.com Lost In UDRP To Fashion Designer Kym Ellery? Non-Indian Domains 0
domainking131 Chinese 4-Letter .COM spammers have totally lost it! Non-Indian Domains 0
domainking131 20 year Old Bart.net Lost in UDRP to Owner of Bart.org & Bart.Gov Non-Indian Domains 0
domainking131 WinRar.com was lost in second UDRP Non-Indian Domains 0
domainking131 2-letter domain lost in UDRP Non-Indian Domains 0
CyberKing HISTORIC - Purva.com Lost In UDRP After Winning Last Year: Brokers Email Key Non-Indian Domains 0
DomainSherpa How a Fishmonger Lost $300K Learning the Domain Name Ropes - With Andrew Rosener The Lounge 0
CyberKing Graceland.com 20 Year Old Domain Lost In UDRP Non-Indian Domains 0
domainking131 Amazon lost $16 billion for 1 second mistake Webmaster Forum 0
R Reliance Lost the Case Legal Issues and Dispute 1
D I lost domain rate.in and I cannot login into my Mitsu account - need help General Indian Domain Name Discussion 23
D PM System Working?? I appear to have Lost a PM :( The Lounge 9
Ceres Indian Airports: 'Online' Lost and Found List Indian Websites and Start-ups 1
ebiz4india How Rick Schwartz's Lost Auction Bid Made Tony $1 Billion Richer Non-Indian Domains 1

Similar threads

whois



Forums dedicated to Indian domain names, including buying, selling, appraising, developing, and monetizing.

About Us

Threads
27,575
Messages
74,676
Members
7,680
Latest member
SSDcension
Top Bottom