Introduction:
In a Discord pump and dump ploy, many punters target crypto together. Millions of punters cavort in Discord groups, at a specific time, to purchase crypto with the conjunction of several groups.
A Discord pump and dump may have FUD as one of the largest scams within the crypto industry. However, it is an outstanding opportunity to make a big profit.
Naturally, this kind of venture comes with huge risks. However, profits rest on having two critical components.
One, be a member of an appropriate Discord Pump and Dump Community.
Two, own a hot pump and dump Bot.
1. Discord Pump and Dump Profit Making Community
A good Discord server gathers together and promotes thousands of members, who agree on a specific time to pump crypto. Once a target coin has been announced, every member buys and then rapidly sells this target coin.
In this game, speed remains the most critical component between you and making a profit. The foundation of a profit lies in how fast you can buy and sell.
This collective crypto pump server group functions on KuCoin, among other exchanges. Members from every corner of the world push tokens/coins collectively to make huge profits.
The results include the following:
A target coin or token price shoots rapidly.
Its resulting volume and price boost trigger ALGO bots and non-server trader attention. They, in turn, buy into the coin or token, thereby enhancing the price further.
Furthermore, the target coin or token becomes a top gainer within the KuCoin trade community, attracting more attention to the target.
The next step involves selling your coin. You do this after the price has attained your target price, most often after gaining at least 50% or higher.
Naturally, you will require being in KuCoin to profit from this strategy. To enter the pump, you must be using USDT from your Kucoin Trading Account.
In recent times, typical pumps have risen to as much as 2,000% higher.
Sample of a Profitable Crypto Pump Advisory Board Group Pump
On 02nd October 2021, at 17:00 GMT (1 pm Est), the group, in concert with various other groups, pumped DINO to 02.49 US dollars.
That was on a $630,000 volume, happening within sixty seconds.
After one hour and twenty minutes, DINO had held strong, rising 200%, creating an amazing ride for members.
The result was that the pump group pushed DINO 570%. That was while gathering more than $11 million in total volume.
You now have an idea how a few traders make lots of money from crypto pump and dump ploys.
2. There’s Big Money in a Crypto Pump and Dump Bot
A bot, such as Nemesis, gives you the power to buy crypto faster than other buyers. In turn, you sell to slower traders entering the market after you, making large profits.
A manual buyer, one who does not use a bot, takes no less than 10 seconds to make a buy. You, on the other hand, with a bot, take no more than one second. These time measurements start on the announcement of a crypto coin.
Chances are, your bot reduces your buying time by a factor of five. You, therefore, get an opportunity to make several sales while manual traders have yet to make their first buy.
You also buy at relatively lower prices, increasing your profit margins.
Conclusion
Vast opportunities exist within the cryptocurrency world. One of them is profiting from buying and selling speeds in crypto pump and dump ploys.
All you need is membership of Discord pump and dump group and a bot. Are you up to the next pump?