Is it possible to earn on Pump and Dump: tools for earning

Despite the fact that many sources recommend not to mess with cryptocurrency pumps, not everything is so terrible. With certain skills and tools, you can catch if not all of the upward movement, at least part of it. The main thing is to have time to sell the purchased asset.

How to earn on Pump and Dump:

Become a pump organizer. To do this, you need to create a closed group, get subscribers, and be able to convince them to start placing buy orders at a certain time.

Presale. Almost every coin is distributed coins through its website before it goes public. Once "out", getting a listing on the major exchanges artificially inflates the price. At the maximum, sales begin and the price goes into the dump. Although it is not a pure Pump and Dump, there are elements of it.

Buy on the fundamental factor. Speed is important here. You see another media person's tweet, you buy the coin. But, how you can keep abreast of all news on the market, where every minute counts, is a question.

Telegram feeds. The last option is the most realistic. Closed telegram channels are created by organizers. The organizers inform the audience about the date and time of the upcoming Pump, but a few seconds before the start, they describe the coin itself.

24 hours before the start of the pump, the site where the pump will be and the exact date are announced. Then the organizers send reminder messages and instructions on how to register on the platform.

At the last moment, the name of the cryptocurrency is announced.

Important! There is no point in taking part in short-term pumps - without bots, you will not have time to react to price changes.

In the next article, we will take a closer look at the question of the legislation concerning Pump and Dump methods.

Also, if you want to use all available trading tools to increase your capital as soon as possible - follow this link below, or contact us via live chat. Our experts will help you to choose the best strategy for success.