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Personal Finance and Investing

mikelewis

(4,458 posts)

6. Yes and no...

Reply to multigraincracker (Reply #1)

Fri Feb 28, 2025, 11:05 AM

Feb 28

If you know you have a pump and dumper, you can anticipate their moves. Study the percentages that trigger their buys and reverse their trading signals. It's how the SEC knows you're a pump and dumper. But if you are trying to take their money,
then you have them... You buy before they do and sell before they dump... essentially taking their money

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Highlight:

The Chump Coin Pump and Dumpers [View all] mikelewis Feb 28 OP

Just like buying tulip bulbs. multigraincracker Feb 28 #1

Yes and no... mikelewis Feb 28 #6

Isn't manipulating markets against the law? Deuxcents Feb 28 #2

And ... ? marble falls Feb 28 #3

Isn't bitcoin an unregulated market? bluedigger Feb 28 #5

Yes but... mikelewis Feb 28 #7

tRump makes money from making market for buying and selling the coin. Could be some manip there. Bernardo de La Paz Feb 28 #4