Not all surges are opportunities! This type of coin is the easiest to be harvested by speculators 🔥🔥🔥
Recently observed that coins like $IDEX , which are 'low market cap with high volatility', have a market cap of only 30.84 million USD. At first glance, they do seem tempting, but the actual risks behind them cannot be ignored, especially the following points:
1️⃣ No contract support, most market trends are just temporary
Coins like #IDEX often rely on the project party to spend money in the short term to create hype, but lack liquidity. Once the speculation fades, the retraction speed is extremely fast, making it difficult to escape.
2️⃣ Risk of being delisted
If there is no substantial progress over a long period, they can be cleared by platforms at any time. Once delisted, assets not only depreciate but can even lose liquidity.
3️⃣ Weak market on weekends, easy to be manipulated
Weekends are typically a time for retail investors to relax and institutions to rest. Speculators often choose to push prices up during this time to offload, making it look like a rise, but in reality, it is a trap.
Suggestion: If you really want to participate in such coins, you can only make light short-term bets, and it is absolutely not recommended to heavily invest or hold for the long term. It may seem to rise sharply, but if you enter late, you could easily get stuck.
In this market, avoiding traps is itself a form of profit. Taking an extra look can help you avoid a pitfall. I am also an experienced trader, so I will do my best to help those who are still misled.
