REEF is a living lesson! Remember when it was soaring? In the blink of an eye, it plummeted by 80% in 2 days. Let's talk about it:
First of all, REEF had very little trading volume before the surge. Such a market is easy to manipulate, and the price is naturally unstable.
Then suddenly one day, the trading volume inexplicably increased, but there was no big news at that time. This was obviously a sign that something was wrong.
That last wave of rise, to put it bluntly, was a scammer deliberately raising the price so that those retail investors who didn't understand it would take the bait. It was a typical way of cutting leeks.
This incident tells us that we must not be overwhelmed by the excitement of the market! Do your own research, this is the hard truth. Especially for those tokens with small trading volumes or strange price trends, you must be more careful.
Finally, if you feel helpless, confused, and want to know more about the relevant knowledge and first-hand cutting-edge information in the currency circle in terms of trading, like + leave a message, and the spot password will be shared for free.
