Pump and Dump Schemes Explained in One Minute

Since I've covered penny stocks (which are frequently pumped and dumped) previously, it makes sense to cover pump and dump schemes in general today.

Nowadays, a lot of assets (bitcoin alternatives aka altcoins, for example) are pumped and dumped rather than just penny stocks. To be a good investor, you need to develop the habit of spotting pump and dump schemes and fortunately, this isn't very hard.

Let's put the pump and dump approach under the microscope today, shall we?

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