It's common for pump and dump to be extremely obvious. The reason for this is that many-- in some cases, virtually all-- of the victims/targets are aware it's a P&D and they believe they're going to get out early and leave some sucker holding the bag. In reality, they're the sucker.
Articles like this that discuss the subject and show graphs of spectacular rises without mentioning that people who know its a P&D are frequently among the victims might contribute to the problem. ... While some readers see this and can now recognize a P&D some of them are looking at that graph and thinking "when I next see a P&D I'll join in and exit >>here<<".
I feel like if people could just ask themselves some basic questions like "why is this person offering to give me money for free?" 90% of scams would disappear.
It's so frustrating how people see someone claiming to have made tens of millions trading crypto or whatever selling a course for $1000 and not immediately question why they would be doing that
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[ 3.9 ms ] story [ 27.6 ms ] threadArticles like this that discuss the subject and show graphs of spectacular rises without mentioning that people who know its a P&D are frequently among the victims might contribute to the problem. ... While some readers see this and can now recognize a P&D some of them are looking at that graph and thinking "when I next see a P&D I'll join in and exit >>here<<".
It's so frustrating how people see someone claiming to have made tens of millions trading crypto or whatever selling a course for $1000 and not immediately question why they would be doing that
What are we doing here now.