Comment on How do I start a crypto wallet
iamanurd@midwest.social 3 days agoKeep in mind that pump and dump schemes always consist of someone getting fucked over. Either you’re getting fucked over or you are fucking someone else over. I prefer to avoid those situations.
I guess to a lesser extent, it’s the core of capitalism.
Ceedoestrees@lemmy.world 3 days ago
Didn’t call it a Pump and Dump for a reason.
I knew the people involved and it looked like they were legitimately trying to develop a product. It was 50/50 pump scheme/real project, since they never did a rug pull. They were honest with themselves about most investors not a shit about their project, who going to sell high anyway.
iamanurd@midwest.social 2 days ago
Fair. I wasn’t criticizing you, mainly just posting that for OP. 🙂
Ceedoestrees@lemmy.world 2 days ago
Yeah no worries. Didn’t mean to sound defensive. Making sure people know that pumping a coin isn’t the same as a pump and dump, and yeah, anyone getting into crypto should definitely know about all the rug-pulls.