🔶ApeCoin(APE). If you are beginner at the crypto market and this is the first time you see a situation where Elon Musk or some popular person is pamping altcoins, that's fine. They do it often, but how do you make money on it?
📊How is the crypto market different from other financial markets? The crypto market is an unregulated, liberalized market. Manipulation and insider trading are allowed here. Of course, the richest man on the planet takes advantage of that. Just think about Doge, who is up by 200x in 2021. By the way, I talked about Doge, Musk and Twitter in this idea.
😮What should I do in these situations? Should I buy or try to open a short? Friends, I recommend using trading strategies and not playing casinos, especially with all of your money. As we can see, the token pumped for 20% and after Musk's tweet: "...seems kinda fungible" fell by 12%. Volumes are already up by 33% over the daily average. Someone had a good sellout.It is almost impossible to predict whether the price will fall or rise. 🎯About ApeCoin I did the idea a few days ago, the price reached 1 target +12% and almost reached second target close to ATH +37%. Who took advantage of the scenario, he earned.
🔥If it were possible to make money on manipulations, most would be rich by now. What do you think? Is it possible to make money on manipulation or is it a trick? Let`s share your ideas with us!
Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.