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/biz/ - Business & Finance

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27253279 No.27253279 [Reply] [Original]

How do I learn to spot the difference between a pump and dump and and something with legitimate long-term worth?

Are there any good resources to learn the intricacies of crypto?

>> No.27253390

>>27253279
for pump and dumps, check on etherscan to see whether a large amount is all going in one direction

>> No.27253639

>>27253279
All pump and dumps are very obvious. I can tell if a project is a scam by just looking at their website.

>> No.27254007

>see shitcoin shilled on /biz/
check shillers' grammar
check shitcoin's website
check shitcoin's github repo and dev team
check etherscan if possible
check what shitcoin is solving or who is it partnered with

is it
>"the next DOGE"?
>"We are going to moon boys who bought the dip"?
then it's a straight no

>> No.27254184

>>27253279
there are just short term pump and dumps and long-term pump and dumps in this industry anon, i could count the number of legitimate projects on two hands

>> No.27254212

>>27254007
Good advice sir. I'll do the needful and add that the best tips are usually given between 8 am and 11 pm Delhi time.

>> No.27254296

If your net worth is under $500k pump and dumps are the only thing you should care about.

>> No.27254566

>>27253639
A lot of coins are money washers.

>> No.27254706

>>27253279
If you see a lot of Gupta’s and Patel’s shilling it as the next Bitcoin

>> No.27254732

Pump and dump is easy. Look for the tell tell signs. Widespread online chatter on various platforms and boards by unknown no names. Kind of like here /biz/ with scammers pushing coordinated products by shady companies. Same statements repeated over and over with same phrases.

>> No.27254972

>>27253279
It's easy, you just need to remember these simple facts.

1. Every coin is a pump and dump, no exceptions
2. Nothing has legitmate long term worth

You're welcome

>> No.27254985

>OP image is an existing meme photoshopped to add a shitcoin to the image
SHITCOIN ALERT
>OP says "just hold BTC, ETH, [popular altcoin], [shitcoin OP is shilling]"
SHITCOIN ALERT

etc

>> No.27255007
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27255007

>>27253279
Also if it serves no purpose for existing other than being a “moon mission” and is advertised as such. That’s why I’m interested in seeing where GRT goes because it seems to have a solid base and purpose for existing.

>> No.27255284

>>27254212
So between 10pm and 1pm EST?

>> No.27256521
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27256521

>>27253279
How deep does the rabbit hole go?

>> No.27256570
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27256570

>>27254972
???

>> No.27257683

>>27254296
I only pump your dads rectal cavity.