So I recently knew about this altcoin and I've been saving up some cash specifically to purchase it.. then I noticed a sudden drop in price from 0.12 cents to 0.023 cents
What happened with the project?? Is it still safe to purchase this coin??
If the drop in price of the coin as at the time you noticed it was a sharp one, then a whale must be in Action there, then the project has already long been gone and simply being used as a pump and dump coin, so it is better you stay away from such project so you dint end up adding another shitcoins to your bag.
I will advise you research more on these projects that are within the top 20, we still have some very cheap ones you can buy that will give you a very high increase in the next bull run, so better you take your chances on these ones. I will also recommend you have stellar, this coin is certain to make you a millionaire.
You're definitely right.. it's best I look the other way... since the drop was a sharp one.. and it led to panics.. which other smaller holders also dumped their coins