BULLDOGITO | We warn you, but we're bad...

During the week, I saw posts from people promoting this #Bulldogito, which for those who don't know, is just another one of the thousands of#DEXmeme coins that are created daily, which are good for nothing more than Pump&Dump. This one was created by Brazilians, which has always been synonymous with distrust due to the absurd number of scams.

The "marketers" and people stuck at the top were constantly idolizing this coin, saying "A big exchange will be coming soon!", making the newbie public think it was a Binance, when in fact it is LBank, which occupies 17th position in the CMC. And as soon as it was listed on a CEX, what was expected happened: they melted the coin. Something that was expected, all the person had to do was know how to read the holding wallets.

Even a child who operates on DEX knows very well that you don't buy anything that has a wallet with more than 10%.

If someone starts insisting that you buy a DEX coin, don't buy it. They are definitely stuck in that coin, they bought at the top and it started to fall. So they need to bring more people into this pyramid to try to get out with less loss.

DEX coins have a low MarketCap when compared to consolidated CEX coins, so any amount that comes in or goes out shakes the market. If a sale of 10K in BTC comes out, the graph won't even tickle, but if $10K comes out of a DEX coin with low liquidity, the graph could go to zero.

A final piece of advice for those who like DEX shitcoins:

Did you buy, make a profit? SELL!

Never get married to DEX coins, there in decentralized ones you don't have the same tools that you find here in centralized ones. You need to be careful.

This one, for example, is now on LBANK, so if you want to buy, choose to buy there, create a limit order to get a lower price and pray.

But honestly, there are better ways to waste your money.

A smart person who was already in profit would have created a Stop Order on Pancake before going to bed.This way you would “hold” your profit