๐จ If you faced a 50% drop inย $SCย in a short time, here's what you can do to avoid such losses next time:
1๏ธโฃ Check why it pumped โ Was it news-driven or just a random surge?
2๏ธโฃ Before blindly chasing, see how much it's already surged. Are you late to the party?
3๏ธโฃ Determine if it's a high or low market cap coin. Low market cap coins can be easily manipulated.
4๏ธโฃ Consider the project's age. If it's old, ensure it's still active and not a dead project.
Now, looking at Sia coin (SC), it's been around since 2015, but it's nearly a dead project. Whales exploit such tokens to pump and dump, taking advantage of FOMO buyers and old bag holders.
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