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The psychology of buying is solid, but there are a few things you need to pay attention to. I have been monitoring this one since it started pe.
1. Is the amount of tokens sold out yet? Because I see the number of tokens increasing every day.
2. Is the number of buy orders really from actual buyers, or is it artificially created by the exchange to create a psychological effect to encourage others to buy so it can sell out the amount?
I have been holding onto the assets, but today I can't figure out why everyone who buys has a positive mindset, yet when it drops, there is a long candle, and this long candle is when the exchange is dumping and matching all the orders that people have placed. It cannot be that users are coordinating to dump at the same time.
I think if you want the price to increase, you should stay calm and let it dump all it has, and then it will surely rise. Right now, I think there is still a lot being held and dumped.
For those holding assets, don't look at it and get anxious; just trust what you have researched and analyzed, or else you might run into losing your account.
The psychology of buying is solid, but there are a few things you need to pay attention to. I have been monitoring this one since it started pe.
1. Is the amount of tokens sold out yet? Because I see the number of tokens increasing every day.
2. Is the number of buy orders really from actual buyers, or is it artificially created by the exchange to create a psychological effect to encourage others to buy so it can sell out the amount?
I have been holding onto the assets, but today I can't figure out why everyone who buys has a positive mindset, yet when it drops, there is a long candle, and this long candle is when the exchange is dumping and matching all the orders that people have placed. It cannot be that users are coordinating to dump at the same time.
I think if you want the price to increase, you should stay calm and let it dump all it has, and then it will surely rise. Right now, I think there is still a lot being held and dumped.
For those holding assets, don't look at it and get anxious; just trust what you have researched and analyzed, or else you might run into losing your account.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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