This is getting frustrating. I thought that we are now going to the moon because BTC surpassed $7000 resistance level and we saw that most altcoins follow. I bought ETH for $513 then now it is getting dump where the current price is $470. in just 12 hours, i lost $43. What is your reaction and strategy when altcoin gets pump?
The first thing you need to understand is because of what this pump has happened and whether there are any fundamental reasons for this. It's easy to determine when a coin rises sharply without any news this is the usual manipulation. In this case, it is better to sell your coins, because the price will fall. And before buying you need to think twice to avoid losing money
