You’ve probably heard about the so-called “pump-and-dump” price manipulation strategy that’s become so popular on social media. The general idea behind this strategy is to create the illusion of demand for a certain cryptocurrency or stock, causing the price to rise, only to quickly “dump” the purchased asset, selling it at a significant loss.
The strategy has gained popularity because of its simplicity and the fact that anyone can easily follow the steps. In some cases, a “pump” might even be automated, causing the scheme to be fairly easy to execute. Whether you’re planning on applying this strategy directly or want to know more about it, this article will examine how you can make money using pump and dump telegram signals on profit cryptocurrency trading channels.