Pump groups and paid hype

Summary

In a pump group, organisers buy a small coin early, then tell members to buy at a set time while they sell into the rush. Paid posts that look like personal opinions work the same way. By the time a "hidden gem" reaches you through a group or a stranger, the people who started it are usually selling. Check who gains if you act.

Key points

• Organisers buy first and sell into the members' buying.
• Paid promotion often looks like a personal opinion.
• Ask who gains if you follow the call.

Check yourself

In a typical pump group, who usually comes out ahead?

Practice