Look, LRC has started again. In one day, it surged over 13%, the price is climbing steadily, the chart is flourishing, with talk of EMA golden crosses and MACD turning positive, analysts are explaining it all very convincingly, even the 'short squeeze' has become a reason for further increases. The market is in an uproar, is someone feeling itchy again, thinking the opportunity has come?
But I advise you to stay calm. The tricks of these altcoins are something experienced players have seen too many times. Every sudden surge is not about value discovery; it’s essentially a meticulously arranged dinner—and you might just be the dinner itself.
Look at its history, when has this kind of coin not surged abruptly, then quietly dropped back to the starting point, or even lower? It has no solid foundation, nor real ecological support; all the 'explosive growth' is purely a short-term game of capital. Those beautiful technical indicators are nothing but tools to attract retail investors to follow the trend in the eyes of the major players. They draw charts, tell stories, and create a sense of panic that 'if you don't buy now, it will be too late', and when you really rush in, you might find that you are catching the last wave.
To put it bluntly, the credibility of this type of coin is sometimes even worse than those well-known projects that are blatantly 'harvesting leeks'. At least with the latter, you know what they are doing, while with the former, every surge feels like a brief carnival filled with lies. After the carnival, all that remains is a mess.
Don't be blinded by the green in front of you. For coins like LRC, there is only one strategy: sell it back the way it was pushed up. A surge is not a signal to buy, but a timing to sell. Don't fantasize that it can take you to the moon; it is more likely to quietly pull away your ladder while you are dreaming.
In this market, surviving longer is more important than making quick profits. When faced with obviously hyped altcoins, the only reliable way to protect your capital is: don't look at the story, don't look at the indicators, just look at the price—sell on the surge, and never look back.$LRC
