$FET has me a bit confused.
Its usual volume is nothing special, but today trading volume more than doubled and the price climbed along with it. Now that’s what you call real money coming in. What’s unusual? It’s among the top gainers, volume has picked up, but there are barely any trending posts yet—which suggests this money moves fast and came in fast, before the guys on the trading forums even noticed.
I’ve always been a little wary of things where “the money arrives before anyone talks about it.” The good thing is, it’s still holding up near the highs and hasn’t dumped. The bad thing is, if it does dump, it’ll probably fall faster than anything else. Around 0.26, I’d only test the waters with half my position. If it breaks support, I’m out—no playing mind games with it.
Don’t ask me why it’s going up. I asked three people today and none of them could explain it. There’s just money sloshing around in there. $FET
Its usual volume is nothing special, but today trading volume more than doubled and the price climbed along with it. Now that’s what you call real money coming in. What’s unusual? It’s among the top gainers, volume has picked up, but there are barely any trending posts yet—which suggests this money moves fast and came in fast, before the guys on the trading forums even noticed.
I’ve always been a little wary of things where “the money arrives before anyone talks about it.” The good thing is, it’s still holding up near the highs and hasn’t dumped. The bad thing is, if it does dump, it’ll probably fall faster than anything else. Around 0.26, I’d only test the waters with half my position. If it breaks support, I’m out—no playing mind games with it.
Don’t ask me why it’s going up. I asked three people today and none of them could explain it. There’s just money sloshing around in there. $FET
