It may look promising, but if you look back, study historical data, those pumps are hardly ever sustainable. Most of them are just pumps and price is going back to where it was before the pump. A mot of these pumps used to happen during Asia.
December-Feb, something to DCA more than trading. :D
It depends on your plans, but you have to separate long term holding and trading.
Right, erikah. Comes along from the Asia, and those come as a fake breakout. Falling significantly before touching prev high. And, the the inflation has become a part of the game. We all are zoned to accumulate.
I am more DCAing in the other Layer 1 as well. Always been a believer, cant get away with that.
I wouldn't necessarily call it a fake breakout, it depends on what time frame you're looking at. On LTF, it was a really good run. On HTF it looks like a fakeout.
Those who are on the chain for years obviously are accumulating, but some are trading too. Although it's a crazy asset, maybe the craziest 😆
Something like picking up the mushrooms. It’s everywhere. But, I want the magic one🤣