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 an issue for long term investors but if your a day trader that price action matters. Pump sometimes is necessary for a coin to create noise, but be careful because sometimes some of them are just traps. Honestly daytrade is not my game I believe in every coins that I hold that it will bring fortune in few years to come so current prices don't matter to me.