🚨 Crypto Crash: The 2017 Crypto Bull Run's Lessons for Investors 💡

🔻The 2017 bull market was a tumultuous period, marked by extreme price fluctuations and devastating losses for some investors. One particular incident stands out, involving a new coin that launched at $0.50 and skyrocketed to $10,000 in a short span. I witnessed the price oscillate wildly between $5,000 and $10,000 in mere seconds, prompting me to exit the market quickly.

However, others were not so fortunate. The price plummeted back to $0.50 within hours, leaving some investors who had borrowed heavily to buy at the peak with significant losses.

Tragically, one investor who had borrowed over 1 million yuan did not survive the aftermath 😭

This incident, involving a coin starting with "W", was marred by the project team's manipulation, injecting ten times the issuance volume, causing the drastic price swings. The resulting protests, platform compensation, and tragic outcomes were a sobering reminder of the risks involved in cryptocurrency investing.

Let this serve as a cautionary tale for all investors: exercise extreme caution when exchanges launch new coins.

Thoroughly research the project and coin's background before investing.

Currently, keep an eye on $XRP , Matic, Alice, $DOT and $PEPE . For specific investment strategies, follow my guidance.

Remember, prudence is key in the volatile world of cryptocurrency.

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