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SPAz coins is 78% down .

  • Thread starter Thread starter ahmedo24
  • Start date Start date
ahmedo24 said:
If a new token is having a serious bullish in the market in a short Intervals ,it is better to trade off earlier or you don't Invest when the price is already high to avoid losses.
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But there are some coin that rise massively like that and they are still high. Like solana that rise in price recently and the price is still high
 
In buying cryptocurrency one needs to be actually extremely cautious certainly not to loosened financial assets completely. A coin that has actually taken place a totally free drop such as this ought to certainly not be actually the one to hurry into.
 
mcjerry said:
But there are some coin that rise massively like that and they are still high. Like solana that rise in price recently and the price is still high
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Actually SOlana has risen significantly in a very short time , let keep watching the coin if it will still have another bullish market or relegate to follow Bitcoin trend .
 
ahmedo24 said:
Actually SOlana has risen significantly in a very short time , let keep watching the coin if it will still have another bullish market or relegate to follow Bitcoin trend .
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I don't understand what you mean by saying if the coin will might relegate to follow bitcoin trend. Are you trying to say that it will reach the price of bitcoin
 
mcjerry said:
I don't understand what you mean by saying if the coin will might relegate to follow bitcoin trend. Are you trying to say that it will reach the price of bitcoin
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You know when some coins are launched for the first time they will have a very speedy rise in their value then after a while they don't make any significant progress they only grow or increase in value when bitcoin is also pumping and when Bitcoin is down they also go down that's what I mean by following the trend of Bitcoin.
 
ahmedo24 said:
You know when some coins are launched for the first time they will have a very speedy rise in their value then after a while they don't make any significant progress they only grow or increase in value when bitcoin is also pumping and when Bitcoin is down they also go down that's what I mean by following the trend of Bitcoin.
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OK I now understand you. But there are some coins that don't follow bitcoin trend. When they rise speedily there price will fall all of a sudden and never go up and will not follow bitcoin trend
 
mcjerry said:
OK I now understand you. But there are some coins that don't follow bitcoin trend. When they rise speedily there price will fall all of a sudden and never go up and will not follow bitcoin trend
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Those coins are called coins and they are mostly found in the yobit exchange platform, other coins that do rise and after a while they don't rise as such but also appreciate when bitcoin is up you can be noticing them.
 
ahmedo24 said:
The Coin may not be a scam project but there could be a crack down in the team behind the project or a glitch in the system, I will still check the price update.
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That's right. Such also happens after a coin has been listed on another exchange when holders of other exchanges start selling their bags.
 
Well things like this is hard to tell. I think it might rise, but I don't think it will rise up to that level, one of the major determinant is the available volume in population.
 
Wow! That's serious 78% loss is too much from 0.85 to 0.18? That's outrageous as this will make investors loose so much.
 
Lolz, it is important for us to know the type of cryptocurrency we are investing on , that is why due diligence research before investing on a particular cryptocurrency is very important .people should just be careful when investing in new upcoming projects.
 
Most of these coins have shown sides that a lot of us don't get to see. A majority of these coins are just pumped and rug pulled at the end of the day.
One needs to verify the information of the utility of newly released coins so we don't fall victim of rug pulling.
 
We just have to be careful about most of the cryptocurrency we are interested to invest. I have learnt so many lessons from this cryptocurrency and am trying to avoid losing my money unnecessarily at all cost.
 
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