“The unleashed cryptocurrency chaos: the dark side of the Fomo and Fudée graphics”
In the always inflexible world of cryptocurrency trade, a new set of terms appeared to describe the destructive trends of certain investors. These terms have become infamous among traders, who are either delighted or terrified by their presence.
In the center of this chaos is the pump and dump scheme, where individuals artificially inflate the price of an investment by dividing false or misleading information on this subject. This can be done by a range of resources, including social networks, blog comments and even telephone calls to friends and family. The resulting frenzy increases the prices, only so that the crook to sell their shares at the inflated price, pocketing a well -tidy profit.
The Pump-et-Dump scheme is often perpetrated by people who have made a fortune by investing in a cryptocurrency or a particular token. They can then use this knowledge to manipulate the feeling of the market and increase prices upwards, before selling their stocks at the top for a small money.
But there is another type of investor that is better known: Rekt. Appointed according to the infamous Twitter Crypto account which presented the fall of its owner on September 17, 2021, this character is synonymous with reckless investment and catastrophic losses. Rekt is generally described as someone who has lost thousands, or even tens of thousands of dollars due to his own pride and the lack of reasonable diligence.
The history of Rekt is an edifying tale on the dangers of FOMO (fear of missing) and the importance of doing your own research before investing in a cryptocurrency. They are often described as individuals who are more interested in making a rapid profit than learning from their mistakes, and their behavior has been widely criticized by regulators and other investors.
Another term which has acquired notoriety in recent times is the reversal model. This refers to a specific type of technical analysis model where an investor creates a false trend or an upward escape, only so that the price is reversed and folds. The resulting inversion can be triggered by a range of factors, including news events, regulatory changes or even a change in feeling of the market.
The reversal model is often used as a tool for traders to measure, whether on the right track or not. However, it is also known to be exploited by pump and dump patterns and other forms of market manipulation. When an investor creates a false reversal scheme, he can create a false feeling of security and increase prices even further, before the truth comes out.
The inversion scheme is closely linked to the pump-and-dump diagram, because the two involve the creation of artificial price movements. However, although pumps and waste is generally perpetrated by people who wish to make money by manipulating the feeling of the market, inversions can be triggered by a range of factors and cannot necessarily have something to do with the behavior of individual investors.
In conclusion, the world of trading of cryptocurrencies is often marked by chaos and destruction, largely thanks to the pumping and dump patterns, Rekt behavior and reversal models. It is essential that traders are aware of these risks and take measures to mitigate them, including doing their own research, set clear investment objectives and be careful when they invest in speculative assets.
As the old adage says: “Do not continue Fomo or don’t let yourself be taken in media threshing.”