Post
Topic
Board Altcoin Discussion
Re: Another pump and dump manipulation
by
ultrloa
on 11/12/2021, 13:39:51 UTC
From the data I saw on Coinmarketcap, this token has a very low marketcap, so it is very easy to be manipulated by one or two people.
It is indeed very risky to invest in new coins / tokens, so if we are new to the crypto world, it is better to choose coins / tokens whose fundamentals are clear.
Actually, it's very easy to find out through the help of coinmarketcap where almost all the coins that already have strong fundamentals are all there, it's just for everyone to make their choice, very simple isn't it?

Not simple as you think since even the coins have fundamental have potential to get dump especially when bear market strikes the same on what currently happen. Maybe we can say we can trust them for lasting long in the market but we also need to be careful on its volatility since each movement still unpredictable and we need to choose the top since they will give us a little assurance that they will pump after the price of it dump for some reasons.