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These shit coins are all pump and dumps

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by COINS NEWS 27 Views

I have been getting a hold of some info. And these groups with some good amount of money are ochastrating sophisticated pump and dumps with different shit coins across large span of time. Spreading out the money between different wallets making it seem like an active coin whilst trying to generate momentum. They sell off progressively to not trigger mass exit from the bag holders.

Shitcoins are a negative sum game, the intial creator has 0 exposure risk and everyone else has very high exposure risk. At the end creator of the coin always wins and some early bag holders (who likely are in cahoots with the creator).

The amateurs at the end are the ones who end up bag holders on a worthless coin that likely won't be able to sell because the initial group who was providing artificial liquidity left. Guys don't be idiotic with your money.

submitted by /u/JacktheOldBoy
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