First, let me be clear: I’m not telling you to jump in. I’m telling you not to rush in.
$NMR shot to the top of the gainers list today, climbing more than 40% in a single day, with trading volume up more than tenfold. This is exactly when retail investors are most likely to get carried away. They see the candlesticks shooting up and their fingers start itching to buy.
Here’s what I find most worrying about charts like this: all the numbers look great, but nobody tells you where you’re actually standing. What kind of project is this? Who’s pumping it? At what price are they planning to dump their holdings? Nobody’s saying. This isn’t a rise driven by price discovery—it’s a surge driven by a scramble for capital. The person left holding the bag at the end won’t even get the chance to be stuck holding it; it could go straight to zero.
I’ll put it simply: if you haven’t bought in, don’t chase it. The price you chase today could be the trap that catches you tomorrow. Wait for it to crash and level off, then ask yourself whether you still want to touch it. For an asset that’s surged sharply from a high within seven days, the best position is no position at all. Sitting back and watching is the safe move; stepping in is like sticking your head out. $NMR
$NMR shot to the top of the gainers list today, climbing more than 40% in a single day, with trading volume up more than tenfold. This is exactly when retail investors are most likely to get carried away. They see the candlesticks shooting up and their fingers start itching to buy.
Here’s what I find most worrying about charts like this: all the numbers look great, but nobody tells you where you’re actually standing. What kind of project is this? Who’s pumping it? At what price are they planning to dump their holdings? Nobody’s saying. This isn’t a rise driven by price discovery—it’s a surge driven by a scramble for capital. The person left holding the bag at the end won’t even get the chance to be stuck holding it; it could go straight to zero.
I’ll put it simply: if you haven’t bought in, don’t chase it. The price you chase today could be the trap that catches you tomorrow. Wait for it to crash and level off, then ask yourself whether you still want to touch it. For an asset that’s surged sharply from a high within seven days, the best position is no position at all. Sitting back and watching is the safe move; stepping in is like sticking your head out. $NMR
