$BNB
Most developed cryptocurrency projects focus on achieving their own profits more than building a strong project that lasts for a long time. This leads to several behaviors, including:
1. Selling on the rise (Pump & Dump)
When the price rises, the team or large investors take the opportunity to sell large quantities of the currency.
This causes the market to be flooded with supply, leading to a price collapse shortly after.
2. Buying on the dip (Accumulation Phase)
After the decline, the same team or large investors return to buy the currency at low prices.
They repeat this process several times to ensure continuous profits.
3. The lack of real value in some projects
Many currencies do not have strong actual uses, but rely solely on speculation.
When there is no real product or continuous development, the currency becomes just a means to make quick profits.
I think a question is on your mind: how do you protect yourself as an investor?
✔ Look for the development team: Check if they are reputable and have successful previous projects.
✔ Review the roadmap: Is there continuous development? Or just vague promises?
✔ Monitor whale movements: If you notice that there is continuous dumping of the currency at every rise, the project may be unreliable.
✔ Choose projects with real uses: Currencies that offer solutions in areas such as DeFi or artificial intelligence or smart contracts are usually more stable🫴