What is a "Pump"?
We have had a few DM’s asking us to explain what a “Pump and Dump” actually is. So thought I'd put out a message to explain.👌🏼
A ‘Pump’ is the instant price increase of a coin through a surge of buy orders. This pump could result in the price of a coin hitting 10-15 times greater than the initial base price in a very short time period, 1-2 minutes 🚀
How do we all make profit from this?💰
In the moment of our pump announcement, we all quickly buy the coin by putting in buy orders and pushing the price higher with our collective power 📈 💪🏼
That sudden peak draws attention from other people on the trading platform and creates a hype, increasing the price further up to higher levels, that is so called "the moon" 🔝🌝
Once the coin price has reached a significant price increase, you “Dump” by selling all your coins at the new much higher price. 📊 💵
I'll give you specific instructions on what price the team recommends buying and selling at, prior to each pump. ✅
If you want a personal reminder, have any questions or suggestions, always feel free to contact me
Stay tuned.