Adelain EugeneDec 29, 2021 · 3 years ago8 answersWhat are some common techniques used in pump and dump schemes in the cryptocurrency market?
Can you provide some insights into the common techniques employed in pump and dump schemes within the cryptocurrency market? I am particularly interested in understanding the strategies used by individuals or groups to artificially inflate the price of a cryptocurrency and then quickly sell off their holdings for profit. What are the key tactics that these schemers employ, and how can investors protect themselves from falling victim to such manipulative practices?
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