Yes, sudden dumps can happen without much warning, especially in the volatile cryptocurrency market. Here are some tips to stay cautious:
1. **Monitor the Market:** Keep an eye on real-time price movements and trading volumes.
2. **Set Stop-Loss Orders:** Use stop-loss orders to limit potential losses.
3. **Diversify Investments:** Don't put all your funds into a single cryptocurrency.
4. **Stay Updated:** Follow credible news sources and market analysis to stay informed about potential market manipulations.
5. **Avoid Panic Selling:** Make informed decisions rather than reacting to sudden market movements.
Always conduct thorough research and stay informed to protect your investments from unexpected market changes.
