Be cautious about going long. It's a common trick used by "whale" manipulators: they push up the coin price at the open, then crash it all the way down. After it drops to a certain level, they do a deep dip, then pull off another pump, creating the illusion of a short-term 100x coin. At the very bottom, retail traders have a 0% chance of getting in at those prices. Just look at ZEC—the leader keeps dropping while this one keeps pumping. Anyone who chases the top gets wrecked. I definitely don't dare to chase. I heard from friends that the funding fees are terrifyingly high. If you want to turn a cheap ride into a motorcycle, short it. Small-cap coins are prone to wild pumps and dumps; it's possible for a single wick to drop 99.9%#pippin .
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Be cautious about going long. It's a common trick used by "whale" manipulators: they push up the coin price at the open, then crash it all the way down. After it drops to a certain level, they do a deep dip, then pull off another pump, creating the illusion of a short-term 100x coin. At the very bottom, retail traders have a 0% chance of getting in at those prices. Just look at ZEC—the leader keeps dropping while this one keeps pumping. Anyone who chases the top gets wrecked. I definitely don't dare to chase. I heard from friends that the funding fees are terrifyingly high. If you want to turn a cheap ride into a motorcycle, short it. Small-cap coins are prone to wild pumps and dumps; it's possible for a single wick to drop 99.9%#pippin .