💹 📈💥 Pump and Dump strategy

🔍 Effective use of cryptocurrency: what is Pump and Dump?

There are many ways to use your cryptocurrency wisely. One of the riskiest schemes is the Pump and Dump strategy. It involves the deliberate increase in the value of a certain asset, such as a cryptocurrency, stock or commodity, by individuals or legal entities. It is usually applied to cryptocurrencies with a low level of capitalization.

💡 How does the scheme work?

1️⃣ The organizer spreads false information about the asset (for example $SUI . $DOGE . $PEPE ) to create the illusion of its prospects.

2️⃣ This causes increased interest among investors, who begin to actively buy the asset, provoking an increase in its value (pump).

3️⃣ When the price reaches its peak, the organizer sells off his assets (dump), due to which the price drops rapidly.

🛑 Risks for you:

This strategy involves high financial risks and is unethical. We do not recommend using it, because it can cause significant losses to your capital.

🔐 Always choose honest and transparent investment methods!