There was a time when investors and newbies went on a crazy spree to invest on exchange tokens like BNB, OKB, BIX, HUOBI TOKEN, Kucoin Shares and Aurora...
Many of them strated pumping from 3-4 days and it was not a small one. I have seen that this happens when BTC moves big. What is your opinion on this..?
A lot of people like to go for the trend because they feel thats where they will make lots of money since when a token is trending the market price keeps increasing and investors would be gaining from it. Its quite good to follow the trends if you can do that on time, but if not, then its probably not worth it because when youre late everyone is dumping it on you and you end up loss.
Well, thats going to happen anyway, there will always be people that will lose their money, its not everyone that is going to make profit from investing in cryptocurrency, and not just cryptocurrency, same thing with every other type of investment.