/biz/ - Business & Finance

Hi anons, I’m kinda new at this, was hoping you could answer something for me. What exactly is a “pump and dump”? I bought 100k of this “Rubic” the other day because anons here said to get some, but I keep seeing posts everywhere calling it a “pump and dump”. Does “pump and dump” mean that it steadily rises in value day after day? They make it sound like a bad thing but the value of my tokens has gone up $10,000 in 72 hours. How is that bad? I’m confused, please help