So it turns out and as predicted in my previous post, $OMNI is just another $SAGA and has become a small pump and big dump coin.

Almost all my predictions were correct but I still lost a portion of my trading capital since I waited for it to reach $30 then when it pumped to $32 I thought it was the start of its upward climb. But after reaching $33 that's when it free fall again. The selling pressure was just too heavy. I saw a few whales attempted to pump but not enough power to defeat the dumpers.

My stop loss was at $28 and I was hoping it would never reach that low. But it still went lower than that.

I'm done with #OMNI it's going nowhere similar to #SAGA so I'm now waiting for the next launchpool project to review.

Finally, my overall outlook of the market is really very, very volatile, risky and unpredictable. $BTC keeps on pumping and dumping, just exchanging hands, no clear sign of its true direction.

I even read articles that #Bitcoin miners are planning to unload huge supplies after halving so the tendency of BTC to fall further is high.

In my opinion, this is not the right time to trade any coin. We need to wait after BTC settles down and moves in a consistent upward trajectory. Even staking FDUSD or USDT on Simple Earn is useless due to very low APR.

Unless you have mastered the art of scalping to benefit from the extremely wild volatility.