🚨 Beware of currencies that suddenly crash!
Today, currency $DEGO lost more than -44% of its value in just a few hours ‼️
A collapse similar to what happened previously with currencies like:
🔻 $LUNA (billions vanished)
🔻 $OM (sudden drop after a big pump)
🔍 What is happening before us is a lesson for every trader:
Small currencies or those not supported by a strong project can crash at any moment.
Don’t enter a currency just because it has suddenly risen.
Always maintain your stop-loss no matter how confident you are.
📉 The market is unforgiving, and strong corrections can wipe out your account in minutes.
💡 Advice:
If you see a sharp downward candle like the one on DEGO, watch the liquidity closely, and if there isn’t a strong rebound with massive trading volumes, it’s best to stay away.
🚫 Don’t risk your balance hoping for a rebound, because not every drop is an opportunity!
Don’t forget the stop-loss; it’s the most important thing in trading.
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