Message to everyone who was a victim to the recent XRP pump and dump scheme.

For those who don’t know, there was a telegram group with over 100k members all telling people to buy XRP and hold on feb 1st. This spread like crazy, I had family members asking me if they should buy XRP and hold on monday.

Proof of group

Heres the result… 40% dump in a few hours leading up to the time the group was telling people to hold till.

https://preview.redd.it/6yxhr097gve61.png?width=1973&format=png&auto=webp&s=17ef678668fc318108348f1e5b2e7a128726a6ca

If you were a victim to this pump and dump, I’m sorry for your losses. This is a tough life lesson for anyone new to investing. I don’t mean to rub salt in the wound but this could be seen from a mile away, pump telegram channels ALWAYS have the exact same outcome. It’s important you understand this to avoid getting burned in the future.

How did this get so big?

The GME movement has set off a chain reaction throughout all global markets and this pump and dump was perfectly timed to disguise itself as another revolution.

Unfortunately the XRP pump and dump is almost the exact opposite, XRP is given out for free to huge businesses and celebrities who agree to a public partnership. Instead of screwing over the rich. You just pumped their bangs and gave them a decent amount of volume to dump into before the lawsuit.

submitted by /u/KingNanoBunny
[link][comments]Title: Message to everyone who was a victim to the recent XRP pump and dump scheme.
Sourced From: www.reddit.com/r/CryptoCurrency/comments/la3rkd/message_to_everyone_who_was_a_victim_to_the/
Published Date: Mon, 01 Feb 2021 10:17:05 +0000

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Marla Brooks

Marla Brooks – Financial Analysis My name is Marla Brooks, and I am the mainstream behind the”observednews.com”  for the powerful and most delicate insights into the latest activities in the financial analysis category. I started my journey as an independent financial consultant. I had approximately nine years of experience in this field. I am free soul so; my passion for exploring the world has taken me to the nations across the globe and given me the chance to report for a portion of the best news associations. Currently, I am a full-time editor as experienced in finance and started to use my abilities.

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