🚨 $NEAR drops by 7% within 10 minutes, following reports of an alleged security breach in NEAR Intents and the theft of around $3.8 million.
The news is shocking, but such shocks may create buying opportunities for those who were waiting for a dip to reach better prices.
For me, the rule stays the same: buy fear and sell the hype. 👀
But don’t rush into buying; we need to monitor the size of the losses, the details of the incident, and whether the drop will continue or turn into a rebound.
Sometimes opportunity is found amid fear, and sometimes the decline is just the beginning of another wave.
The news is shocking, but such shocks may create buying opportunities for those who were waiting for a dip to reach better prices.
For me, the rule stays the same: buy fear and sell the hype. 👀
But don’t rush into buying; we need to monitor the size of the losses, the details of the incident, and whether the drop will continue or turn into a rebound.
Sometimes opportunity is found amid fear, and sometimes the decline is just the beginning of another wave.
