In the crypto world, it's common to see impressive profit screenshots, especially with lesser-known coins. However, beware, these images can be deceiving. Anyone can manipulate numbers or create fake screenshots.
The Reality Check
Even if those millions were genuinely earned, there's a crucial factor to consider: liquidity. Suppose a coin has only $3 million in available trading funds. Selling a significant portion of that coin can lead to:
- Selling Problem: Mass sell-offs cause the coin's price to plummet.
- Liquidity Crisis: Insufficient market funds to support large transactions, causing prices to crash.
For instance, holding a $1 million worth of coin with only $3 million in market liquidity means:
- You can't sell your share without drastically reducing the price.
- The market lacks sufficient funds to absorb large transactions.
Stay Vigilant
When encountering profit screenshots, remember:
- Verify authenticity through reputable sources.
- Consider market liquidity and potential selling challenges.
- Be cautious of manipulated or fabricated claims.
In the crypto space, skepticism is key. Don't rely solely on screenshots; dig deeper to uncover the truth.
Stay informed stay safe.