#PI Friends: When it rises, shout charge! Charge! Charge!
This is funny! When it was at 2.8U, I said not to act impulsively, as it was very likely to fall back below 1U, and it ended up at 0.4U! Now the rise is because institutional speculators feel that market sentiment has nearly reached the bottom, and everyone thinks it's at the bottom. Once the big institutions enter, it triggers bullish sentiment, and the market surges for a while! Remember, it's a temporary surge! Speculators will think they've made enough profit and will sell the coins! The coin price will soon drop again; the key is to brake during rises and falls! Selling before buying seems to be the way to realize profits for this coin in the near term! Just my humble opinion! Just my humble opinion!
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
5 Likes
Reward
5
2
Repost
Share
Comment
0/400
ThatYearInAHurry♔
· 04-06 00:36
Do you know why it rises? Because each PI Wallet activation requires 0.98 PI coins, many people will buy them to activate their wallets!
View OriginalReply1
GettingRicher
· 04-06 00:33
If you could calculate, wouldn't you have become a billionaire long ago? Why are you still saying these things here?
#PI Friends: When it rises, shout charge! Charge! Charge!
This is funny! When it was at 2.8U, I said not to act impulsively, as it was very likely to fall back below 1U, and it ended up at 0.4U! Now the rise is because institutional speculators feel that market sentiment has nearly reached the bottom, and everyone thinks it's at the bottom. Once the big institutions enter, it triggers bullish sentiment, and the market surges for a while! Remember, it's a temporary surge! Speculators will think they've made enough profit and will sell the coins! The coin price will soon drop again; the key is to brake during rises and falls! Selling before buying seems to be the way to realize profits for this coin in the near term! Just my humble opinion! Just my humble opinion!