💡 Advice for beginner traders:
Stop labeling every project that experiences declines as a "scam". While there are indeed frauds in the market, it is important to understand that not every drop is a sign of a scam. Various factors influence the performance of an asset. Here are a few of them:
1️⃣ BTC Dominance:
When Bitcoin rises, it usually pulls along several altcoins, especially tokens paired with it or with coins like BNB. Similarly, when BTC falls, the effect is the opposite. Understanding this is fundamental.
2️⃣ Raising New Projects:
New projects need capital to evolve. It is normal for them to raise funds or make strategic moves. Without resources, there is no development.
3️⃣ Broker Profits:
Those who think that brokers only survive on fees are deluding themselves. Many of them profit by operating directly in the market, buying at lows and selling at highs — and often, they directly influence this movement.
4️⃣ Whales:
Large investors are the first to enter and also the first to take profits. They don’t always believe in the project — they are there to make money. When they sell off, the impact is brutal. As the saying goes: "those who are too soft get played."
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be patient and ride the wave with the "whales"
