Every other time we see a coin get pumped badly on binance, recently being the case of sys coin. My question is, Should we take part in such pumps ? How much risks it involves? How long should we hold that coin?
Its not just about the Binance but most of the exchangers and where the specific coin is targeted by the pump-dump groups. I guess it pity that most of the people doesnt know this kind of sudden pump is actually coming as result of the artificial pumps and nothing else. We should not really believe such coins and must not trust them for the long term holding and also do not expect another pump for it one more time. The artificial pumps are always down on the sleeted coins and they may not repeat their pumps on the same coin again and again to avoid the disruption of their privacy. So be careful about your decisions.