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
Generally people don’t do this because they don’t have the money to gamble on something they suspect to be a scam, they don’t have the time to learn how to trade and understand their tax obligation, and no one will know when someone is going to dump stock in an investment.
It is all more hassle than it is worth. And there’s a good chance the buyer who thinks they’re going to “be in on it” is going to be the sucker who buys this thing last just.
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