Hello BOB Family,
There are manipulation tactics that are often used by whales, and they are much more sophisticated. This includes the so-called "Pump and Dump" system. In a scenario like this, a group of whales or traders come together to generate an artificial increase in the price of a low market capitalization cryptocurrency through coordinated purchases. As soon as the price reaches a new level (thanks to unsuspecting small investors who also buy), they start selling this coin for huge profits. This causes the price of the coin to drop, leaving small investors with significant losses.
📈📉 📈 It is important for us, as small investors: To persist and not go crazy because of the fluctuations. When it drops, it also goes back up.
99% of the time it is unlikely that we will become millionaires all at once. Our focus is on healthy accumulation in the long term.
❎ Keep patience and calm, holders of BOB ⚔️🙏🏽