“Cryptourrens Chaos Unleashed: The Dark Side of Fomo and Fudged Charts”
In the always traditional world of cryptocurrency trading, a new series of terms emerged to describe the destructive trends of some investors. These terms have become infamous among traders, who are enthusiastic or terrified of their presence.
At the center of this chaos is the pump-and-dump scheme, in which individuals artificially swell the price of an investment by spreading false or misleading information about it. This can be done through a series of means, including social media posts, blog comments and even calls to friends and family. The resulting frenzy increases prices, only for the scammer to sell their actions at the swollen price, pocketing an orderly profit.
The pump and DUMP scheme is often perpetrated by individuals who have made luck to invest in a particular cryptocurrency or token. They can therefore use this knowledge to manipulate the feeling of the market and guide the prices upwards, before selling their actions at the height for a quick dollar.
But there is another best -known type of investor: the rekt. It takes its name from the notorious Twitter Crypto account which showed the fall of its owner on September 17, 2021, this person is synonymous with reckless investments and catastrophic losses. The Rekt is generally described as someone who has lost thousands or even tens of thousands of dollars because of their arrogance and the lack of two diligence.
The story of Rekt is a story felt on the dangers of Fomo (fear of losing) and the importance of doing their research before investing in any cryptocurrency. They are often represented as individuals more interested in realizing a rapid profit than to learn from their mistakes and their behavior has been widely criticized by regulators and reversal companions.
Another term that has gained notoriety in recent times is the reversal model. This refers to a specific type of technical analysis model in which an investor creates a false trend or breakout, only for the price to reversing and falls. The resulting reversal can be activated by a series of factors, including news events, regulatory changes or even simply a change in the feeling of the market.
The reversal model is often used as a trader tool to evaluate whether they are on the right path or not. However, it was also known to be used by pump-and-dump pumps and other forms of market manipulation. When an investor creates a false reversal model, he can create a false sense of safety and further increase prices, before the truth comes out.
The reversal model is closely linked to the pump and DUMP scheme, since they both involve the creation of artificial prices movements. However, while pumps-e-dumps are generally perpetrated by people who want to make money from the manipulation of the feeling of the market, the inversions can be triggered by a series of factors and may not necessarily have nothing to do with the behavior of the individual investors.
In conclusion, the world of cryptocurrency trading is often marked by chaos and destruction, thanks largely to pump-e dump patterns, rekt behavior and reversal models. It is essential that operators are aware of these risks and adopt measures to mitigate them, including doing their research, establish clear investment objectives and be cautious when investing in speculative activities.
As the old Adagio says: “Do not chase Fomo or let you take from Hype”.