When it comes to investing in cryptocurrency, it's essential to approach the situation with a clear and level head. Don't let the enthusiasm of friends or family members cloud your judgment – crypto is a game where there will always be winners and losers. While we're passionate about the potential of cryptocurrency, it's crucial to understand that most projects may not be viable in the long term. Those who get in early on certain projects often have a significant advantage, as they can manipulate the price to their benefit. They may pump the price to sell at a higher value, only to dump their holdings on unsuspecting investors. This is a common tactic known as "pump and dump," where the goal is to buy low and sell high, often at the expense of others.
Don't let the enthusiasm of friends or family members cloud your judgment – crypto is a game where there will always be winners and losers
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