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Stay away from copycat “scam” coins, and live happily for life.
At night, when you watch the square and the chat rooms, everyone is all talking about scam coins.
After looking at the three major exchanges, the trading volume is huge.
According to the rules of financial trading, theoretically this is a top signal.
It surged up 1.5—so I went into an ant position, planning to short.
Later, I was getting ready to have it “explode upward” and push the price up (“top it out”) by 50% before I added another position.
But when it finally surged and I was about to add, I saw the loss.
Master… I was completely stunned—my trading account and my ant position were all turned into a heavy position 🥲
So you should stay away from coins like this. Shorting is only human nature; however, the counterparty is human nature in the market. In the future, when you see the coin that everyone chats about the most in the chat rooms, it’s best not to touch it. $BTC