Crypto Never Stops Surprising Us!
Something interesting happened in the crypto market, and I think there is a lesson here for every trader.
$BTW : A REALITY CHECK
DigiFinex published a delisting announcement for BTW and STG on October 9. This is a DigiFinex-specific announcement, not proof that every exchange has delisted BTW.
$MAGIC : A HUGE MOVE
Historical data shows MAGIC jumped from around $0.0666 on October 8 to $0.1235 on October 9. That is a massive one-day move!
But here is the important part: a big pump does not guarantee another pump. After such a move, volatility and sudden reversals are possible.
MY TAKE......One coin reminds us why exchange announcements matter. The other reminds us why chasing green candles can be risky.
In crypto, information is important, but understanding the risk is even more important.
If you could study only one of these stories, which would you choose?
$BTW — The delisting news
$MAGIC — The explosive rally
Tell me your reason in the comments. 👇
#Crypto #BTW #MAGIC #BinanceSquare #CryptoNews
