Why do some currencies suddenly skyrocket?
And people rush to buy after they have reached their peak?
There is a term in the crypto world called:
"Buy the Rumor, Sell the News"
What does that mean?
It means some people buy the currency before the news is officially released, and when the news drops and everyone is happy and rushes to buy, 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!
