A great example of how news does not always help to earn money in crypto!
Let's take the recent surreal case with the #UNFI token
Judging by the chronology of recent events on #UNFI, insiders who knew in advance about the asset's delisting from Binance were the first to start selling.
Then the price began to slowly recover, and at ~23.00 Moscow time, news about the delisting came out.
But, instead of the expected fall to the bottom, as it was with #WAVES, for example, the coin began to rise sharply after half an hour, liquidating the deposits of EVERYONE who was in a short position.
The moral is simple - you should not trade the news, thinking that you are smarter and faster than others 😇
