Agreed, I watched it drop 50% as soon as I bought about $1000 USD. If you intend on buying in for a little bit, do it in small increments. I feel sure that someone is raking in ALL of the panic sells.
"Panic Sells"
It's called a dump, cut your losses and get out of this bullshit, it will end badly
Hey, I'm learning! Unfortunately, the hard way. I'm only about a month into crypto and had some dumb luck, then I was just dumb. I'm just trying to make my money back and then I'm out of XPD.
It has nothing to do with dumb luck. You're being suckered in. Hardly any of those trades are actually real. You will end up with zero if you keep investing in Pump and dump coins. Most of the bidding is fake and transferred back and forth between two or more accounts, They only get hurt by the .2% commissions. When they see someone place $$$ bought with real BTC they instantly do a dump and take your money. Then they pump the coin back up again. They can monitor who owns what coins and are targeting every new deposit that breaks a price threshold. Since the website is dead and listed for sale on Whois. Someone on the inside is probably pulling this off with zero cost coins.
are you talking about cryptopia? I just registered couple of days ago and moved a ridiculously small amount of btc to test it so i might just play safe and send it back somewhere else..