Good day ladies and gentleman.
First of all my introduction: I'm a newfag at the Kryptocurrency market and have only about 10$ in BTC. Right now I'm seeing DECR explode at about 1000%+.
I know this is a pump and dump scam, but can any of you kind anons explain, why it's wrong to jump on the train at about 200%+ and leave it at about 600%+? Are there timers or other important things, that I have to consider? Never done a transaction before.
Thanks in advance.
1) you never know when it will end
2) you ARE the dump
it's sort of safe when it was something like DGBs rise since there were so many autistics shilling it as if their life depended on it, but low volume scamcoins are not worth touching since the supply can be almost entirely controlled by one person or a small group of people, and can be in the bazillions
>>2743210
by that I mean there could be a billion or a trillion coins in circulation although the price is harder to manipulate in those levels and scamcoins typically confine themselves to the low millions
well bump...?
>>2743244
Tiny shitcoin pumps could be over with at any second and the price will then drop faster than it went up, FOMO'ing into a pump in the middle of it is an easy way to lose a lot while gaining nominally little.