Why do some cryptocurrencies suddenly soar?
And people start buying after they have reached their peak?
There is a term in the crypto world called:
"Buy the Rumor, Sell the News"
What does it mean?
It means that some people buy the currency before the news is officially released, and when the news comes out and everyone is happy and starts buying, the big players are selling!
In simple terms:
When you see everyone talking about a currency, ask yourself: Am I late? Or is it still early?
Always keep an eye on the movement before it reaches the trend, not after it!
