The biggest fear in trading cryptocurrencies is encountering tokens manipulated by institutions like Luna, which can soar to the sky when rising but fall directly to zero when crashing. As an ordinary person, it's hard to withstand this.
In my opinion, for these types of tokens, even if you make money, you're actually losing because your internal reasoning is results-oriented.
Making money means it's a good token, losing money means it's trash. In the short term, the impact is not significant, but in the long term, there will be many loopholes, and there may even be huge losses.
The current momentum of XRP and the counterattack of DOGE are both reasonable and unreasonable.
The reasonable part is: it has been falling for too long and should be rising.
The unreasonable part is: the time for the rise is short, and the amplitude is too large.
In just a week, established tokens with a market value of hundreds of billions have doubled. Such a surge inevitably raises suspicions.
Currently, there are no visible problems in the market, but I still advise everyone to be cautious.
If you have made your layout through systematic analysis, making money is reasonable and you should continue; if you rely entirely on feelings and luck to seize wealth opportunities, then you need to be careful because luck can run out.
Every major explosion in mainstream cryptocurrencies is significant, so be sure to pay attention to past market trends, as there will be unexpected answers within them.
Next, I will be laying low on a project that will skyrocket in the short term, doubling is not a problem. Like and comment for free sharing.
