I’ve been wondering about it for quite some time, note that I know practically nothing how crypto market works.
Assuming you are jumping into a crypto project of a known scamer, like Mr. Logan. If you’re expecting it to be a rug pull, is there anything that stops you from pulling out AFTER other morons buy in and BEFORE the founders pull out crashing the value?
In: Technology
If you know when the “after” and “before” happen, then obviously — yes, you can. The problem is, that the guys who plan the whole thing don’t inform publicly, how long they plan to pump the asset before they pull the rug. You get the information that the pumping is going on at the same time ”other morons” get the same information. And you see the value of the asset going up just like “other morons”. So when exactly should you pull out? Maybe you will do it on time; maybe you will be counted among the “other morons”.
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