Just chatting: a friend sent me a screenshot saying it had plunged 3.72% in $RLC 5 minutes, and asked if it was a good time to buy.
I replied: I can't say where the bottom is, but I know that jumping in right after a sharp drop often means catching it halfway down. I usually wait for the price to stabilize and trading volume to dry up before making a move.
Current price: 1.0922, 24h: +26.41%. How would you respond?
#RLC
This is a compilation of publicly available information. Please refer to the original text.
I replied: I can't say where the bottom is, but I know that jumping in right after a sharp drop often means catching it halfway down. I usually wait for the price to stabilize and trading volume to dry up before making a move.
Current price: 1.0922, 24h: +26.41%. How would you respond?
#RLC
This is a compilation of publicly available information. Please refer to the original text.