Post
Topic
Board Speculation
Re: movement up, leads deep down !
by
passwordnow
on 21/12/2020, 06:37:34 UTC
You posted this in Bitcoin Speculation and you're discussing about Defi projects. The right section for this to continue is on Altcoin Discussion.

I believe the Market has its mechanism to do the trick about the trends but sometimes even the natural market movements can be tricked also, some altcoins are pumped so fast that was created by an artificial demand like what happens now in Defi projects the pump is too fast and it was too risky for sudden dump I'm sure many speculators will suffer.
The only trick that we know is about the pump and dump through the news and that's how making the market moves as quick as it is. It is risky if a newbie will just enter into the market out of the hype and he's just buying because he sees it increasing. That's a very wrong strategy, he is likely to catch the falling as soon as he's bough at the top.