A coin can be up 30% and you can STILL lose money buying it.
Here's how.
Imagine a coin rises from $1 to $1.30.
You see the green candle, worry about missing the next leg, and buy at $1.30.
Then it drops 10% to $1.17.
Your trade is down 10% — even though the coin is still 17% above where it started.
That's the trap beginners often miss: the coin's overall gain isn't your gain. Your entry price matters.
With $PEPE and other fast-moving coins attracting attention, I'd rather ask where a move could fail than simply chase how far it's already gone.
Have you ever bought a coin because it was pumping, only to watch it reverse right after your entry?
Here's how.
Imagine a coin rises from $1 to $1.30.
You see the green candle, worry about missing the next leg, and buy at $1.30.
Then it drops 10% to $1.17.
Your trade is down 10% — even though the coin is still 17% above where it started.
That's the trap beginners often miss: the coin's overall gain isn't your gain. Your entry price matters.
With $PEPE and other fast-moving coins attracting attention, I'd rather ask where a move could fail than simply chase how far it's already gone.
Have you ever bought a coin because it was pumping, only to watch it reverse right after your entry?