What we should learn from CyberConnect recent pump and dump?
CyberConnect is newly lounched project which a project related to digital identity and decentralized social media, CyberConnect have its own cryptocurrency known as cyber coin which is recently lounched on binance lounched and then listed on binance exchange with Many other CR exchanges
CyberConnect native tokens cyber keep trending on binance and other exchanges in past few days, at some point cyber crossed ethereum and Bitcoin by total 24 hours Volume, it's price also goes up to $17 per coin few days ago
But from last two days it's crashing and now it's price is down to $6.9 per coin and 24 hours trading volume also goes down to 1 billion from 5 billions. Now almost every investor who invested in cyber coin at higher price due to hype are waiting for it's price recovery
CyberConnect team made some mistakes that's why investors get confused and starts selling it will take sometime to restore investors trust, because it's a new project nobody is knows about it's future, CyberConnect have a great community and also have some nice use cases it may recover from recent dump but no body knows how long it will takes
The number one lesson we should learn from this new project rise and fall is that nothing can keep going up and stay up forever not even Bitcoin itself which is known as a number one cryptocurrency in the world so that's why if you missed any chance to invest in any project before its price goes all time high then don't get fomo stay away from it until it's price goes down to normal range or wait for a good entry point, don't invest or by it at top otherwise you can lose everything if project is a just pump and dump scheme, and even it's a good project like CyberConnect it will still take to much time to recover losses
always wait for a right time to invest in any project especially when it's price and volume is already up
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