lost 0.3 ETH in 2 hours, buy when prices are high and the project died. defi brings new euphoria on blockchain and investment, you are right, we should be careful when investing in defi projects.
Sorry for your lost. but how do you know the project died in 2 hours?.
Well we should assume that he got the rock bottom price of his project which he assumes that it is dead. 2 hours is very fast actually I never experienced it from the time of buying to the transition of being a dead project. May we know the DeFi project name of it?
of all that has been followed, from year to year, starting from 2017 to 2020, whatever projects have been carried out, we must be able to see when there is an opportunity to buy and when there is to sell, because the profits and losses are the same. only we can take advantage of it at the time of increase and get a profit, and for those who have large funds, pump and dump games,
The player never know when the best time to entering the games. And if i dont' have mistake 3/4 player had bad hand and time to entering games when the price almost high.
I'm pretty sure that some of these traders do experience FOMO and were bring thereby the hype that causes them in a panic which can lead to insufficient analysis and planning. I've seen many stories like these even way back before.