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Meme Coins / Re: I do hear about PEPE
« Last post by Wiseman on Today at 08:30:22 AM »Yes that is the formation of the market and without this formulation there will be no buy and sell ( no loss no gain) so that market has to be manipulative for people make profits from the market. Okay let say when a token price get high have you also imagine who then made it high or where was the funds invested in it came from, yes there are people who added their funds with the hope to get it up at the right time but unluckily those who are smarter took profits immediate such amount was added and people who are holding increased their prices so, people are tempted to sell and take profits leaving empty project to them.You are correct we should understand that memecoin are most hyped and those who doesn't know about them could fall victim since there whale controlling it, usually a coin like this are often being manipulated by traders. Last week there or earlier when I created this topic a new came that someone lost all his investment on pepe thereabout I could give that news attention anyway since I don't want what would keep me thinking
Well, naturally, traders manipulate the market, just as whales manipulate the market, it’s all interconnected and there’s nothing surprising in this, all sorts of meme tokens work only according to this principle and PEPE is no different from others.
Don’t you think that those people who do this right? And those people who buy at any price and always do Bitcoin completely wrong, they are engaged in so-called stupid investing, this is when a person doesn’t think about anything at all, just takes it, you buy what they tell him personally I think this is completely wrong behavior for an investor.