Today i have been scrolling Binance Square and almost 50% of posts are from people who got REKT shorting $IRYS ...
I mean... what the hell happened.
Feels like this was some kind of natural disaster for SHORT sellers.
$IRYS pumped over 500% and after touching $0.50 it crashed all the way back near $0.08...
Imagine getting liquidated shorting this thing and then watching it dump right where you expected.
That's why i always tell my followers and myself too... STAY AWAY from these extremely volatile low caps.
We have 100s of coins that are actually good to trade with proper technical setups, support, resistance and manageable risk.
But ONLY if you are not GREEDY...
I mean why risk your entire account trying to catch the exact top of a coin that can pump another 200% for absolutely no reason??
Sometimes the best trade is simply NOT trading.
You don't need to catch every pump or dump to make money in this market.
Surviving the market is more important than winning one crazy trade.
Seriously... how many of you got caught in this $IRYS madness❓
I mean... what the hell happened.
Feels like this was some kind of natural disaster for SHORT sellers.
$IRYS pumped over 500% and after touching $0.50 it crashed all the way back near $0.08...
Imagine getting liquidated shorting this thing and then watching it dump right where you expected.
That's why i always tell my followers and myself too... STAY AWAY from these extremely volatile low caps.
We have 100s of coins that are actually good to trade with proper technical setups, support, resistance and manageable risk.
But ONLY if you are not GREEDY...
I mean why risk your entire account trying to catch the exact top of a coin that can pump another 200% for absolutely no reason??
Sometimes the best trade is simply NOT trading.
You don't need to catch every pump or dump to make money in this market.
Surviving the market is more important than winning one crazy trade.
Seriously... how many of you got caught in this $IRYS madness❓