๐๐๐ ๐๐ซ๐๐ฌ๐ก๐๐ ๐๐% ๐๐ง ๐ ๐ ๐๐ฐ ๐๐จ๐ฎ๐ซ๐ฌ, ๐๐ก๐ฒ ๐๐จ๐ฎ ๐๐๐๐ ๐๐จ ๐๐๐ฒ ๐๐ญ๐ญ๐๐ง๐ญ๐ข๐จ๐ง ๐๐จ ๐๐ญ ๐
โฆ๏ธ If you have been following me for more than a month, you already know that I strongly advise against using high leverage against manipulative tokens like #TRB.
โฆ๏ธYesterday, the price of $TRB pumped from $200 to $280 (+๐๐% move), then crashed to $230 (- ๐๐% move), pumped again to $600 ( +๐๐๐% move) and then finally crashed to $160 ( -๐๐% move).
โฆ๏ธ During this time, over $๐๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง worth of future positions got liquidated, which was even more than that of Bitcoin.
๐๐ก๐ฒ ๐๐ข๐ ๐๐ญ ๐๐ฎ๐ฆ๐ฉ ๐๐จ ๐๐ฎ๐๐ก?
โฆ๏ธRetail always loves to retire from crypto in 1 day by taking 100x leverage so that they can make 7-figures in 1 trade ๐ข
โฆ๏ธ Little did they know that when a token's majority supply is concentrated in the hands of a few, it's very easy to pump them fast and big.
๐๐ก๐ฒ ๐๐ข๐ ๐๐ญ ๐๐ซ๐๐ฌ๐ก? ๐ฑ
โฆ๏ธ Whales are here to make money, and retail is their exit liquidity.
โฆ๏ธ They will always pump tokens to such an extent that you will start believing that they will not come down.
โฆ๏ธThe same happened with TRB, as people were shorting it all the way from $100 to $550, and then they thought that it was not going to come down.
โฆ๏ธThen they opened a long position, and we all know what happened next.
๐ Keep 1 thing in mind that this is just a start, and the real bull market has not even arrived yet.
๐ So, don't leverage play if you don't know about the coin; invest in utility tokens and take profits when it pumps hard.
Also, #HappyNewYearโฏโฏโฏ to all of you again ๐
Enjoy your day and spend time with your friends and family โฅ๏ธ๐ซถ
