Why do people coin pumps?
Why is it that some individuals or groups engage in the practice of coin pumps? What motivates them to artificially inflate the prices of cryptocurrencies? Could it be for personal gain, to manipulate the market, or perhaps for other ulterior motives? And what are the potential consequences of such actions, both for the individuals involved and for the cryptocurrency market as a whole? Is there any way to prevent or mitigate the negative effects of coin pumps?
How to find a coin before it pumps?
Could you elaborate on the strategies involved in identifying a coin that's poised for a price surge before it actually pumps? What are the key indicators to look out for? Are there any specific tools or platforms that assist in this process? How does one differentiate between coins with genuine potential and those that are merely hype-driven? Could you also discuss the risks involved in this endeavor and how to mitigate them? Finally, do you have any personal experiences or success stories that you could share about successfully predicting and investing in coins before their pumps?