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RE: LeoThread 2024-12-16 13:20

in LeoFinance19 hours ago

In 2020-2021 I made the mistake of thinking that some of my coins were going up because of actual utilization and value capture.

In fact what was happening is that they were going up because of speculators and traders.

Many of the coins that I held went down for months after I bought them.

Don't make the same mistake as me... If they pump really fast and suddenly it's very likely that the pump is not due to utilization and value accrual mechanisms, but actually Pump and Dumps.

Value accrual mechanisms and utilization make coins go up slowly, and it takes weeks and weeks and months to grind up.

Don't hold your alts all the way down for no reason...

#crypto #cryptocurrency #bitcoin #finance #leofinance