This opening suggests a potential recovery once the dust settles. If the market cap can hold a $2M floor for three consecutive days, it might be an opportunity worth taking.
[Lesson]
There’s one thing I shouldn't have been so stubborn about: Nick Shirley. He is an independent journalist who gained massive media traction after uncovering fraud in Minnesota on Dec 26.
Meanwhile, public sentiment suggests that Coinbase missed a prime opportunity to showcase a successful Creator—a model they’ve invested too much heart into to simply abandon.
2. In the past, he mentioned his dog once, and it triggered an outright war. Consequently, he will be extremely cautious whenever speaking on this matter again.
"Unless it was related to a hack, CZ would never mention Broccoli for two reasons:
1. His dog is named Brownie, not Broccoli. Getting his own dog’s name wrong would cause him significant internal conflict.
A token that has been manipulated at least twice under the guise of an 'MM hack' will leave Binance with no choice but to delist it to prevent a third occurrence. Once delisted, all eyes will shift to the token on the opposite side. That is where a massive explosion will happen.
Aside from the essential factor of a founder's integrity, utility strategies for a token should be as simple as possible. A buyback mechanism alone is enough. Simple is the best.
Unless you have lightning-fast access to information and are certain the price can break through current resistance to reach higher levels—do not buy.
In fact, the best move is simply not to buy.
"When the price is pumping, pay close attention to the timing: when exactly did the news drop? Is the current price at a sensitive level? What are the next key price targets?