Well... Suppose you and few of your friends decided to earn some money...
- target a coin.
- buy some of it.
- make a pump and dump group.
- tell that you will be pumping that coin.
- make a fake buy to start the hype.
- set Ur sell price to some amount higher than what u bought at step 2.
- all the goats and cows u gathered in your group will buy and try to push the price.
- you and your friends are rich and u have successfully sucked out the money from the goats and cows.
It's a good plan since everything is anonymous.
Hence... It is a SCAM!!!!!!!
I have never been a part of a pump and dump group and it's my advice to you all that please avoid it. If you want to do charity....go somewhere else.