I still think DeFi coins are pump and dump coins... Too high risk for normal trader...
RE: BTC just hit $16k! Wait no, that was YFI...
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BTC just hit $16k! Wait no, that was YFI...
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Sure, but if they go up 10x and then crash 50%, you still make money...
Like you said earlier, it doesn't matter how high the value goes, if the volume is too low... Basically the people who seem to make money are actually mostly buying their own sell orders. It works because when price goes up, other people panic and put enough sell orders that members of pump and dump groups don't lose too much money.
Pump and dump and wash trade it all the way up to pull real money in.
I have been watching people pump value of my own coin up second time since launch... People post graphs that show how much it does fall after the pump, it looks almost like someone did put a needle on the paper and did draw a line around it...
Lol, those can fun if you time em right...
I did put 200 coins at every single possible number... Took me about 1.3 million coins...
That isn't fun to setup.
Nah... Most exchanges have quick way to put ladder orders... Basically you enter the amount once and then keep clicking the order list until you run out of coins...