Back to $WIF
I see plenty of FUD about this token and people predicting armagedon if WIF doesn't hold this or that line. For those who do not understand $SOL meme markets, I want to provide a chart showing how volatile WIF was in its first days after launch. What you see now is volatility, but is nothing compared to what WIF used to be. What this means is that it's in the DNA of this token to be volatile and unpredictable in short term trades. As a matter of fact, it's kind of predictable, but would you buy constantly in a bear market and selling constantly in a bull market? Don't think so. Few do it, and those who are brave enough will make the money.
I advise any trader to go back to the beginning of every token. This type of information says a lot. Of course, present technical analysis is important, but this here is a knowledge that will help you shape your next trades.
As you see this token seemed useless after a few days of trading, and then...up to 3+ billion market cap. Analyse, learn, expect the unexpected.
This is not a trading or investment advice. I share my thoughts and opinions. DYOR before investing any money anywhere. Trade safely.
