Its gonna be entertaining watching it crash down when everyone is rushing to sell off lol.. I actually came across this coin a few weeks ago and was gonna stake it but I only own mac so no wallet.. Still made some money on it but didn't get greedy. Great post.
It might be entertaining but I can't help but feel sorry for the people who blindly follow without thinking or researching first. I know it's their own fault but it still doesn't sit right with me. I'm glad you managed to get out and make a bit of profit but I suspect your situation will be the exception more than the rule. A lot of people are going to lose a lot of money. Thanks for reading :)
Its the wild wild west of crypto investing where one can gain a fortune or lose their portfolio in one trade if they're not careful or doing their research. Greed can often make people make reckless decisions with their money.. Some get lucky and many lose it all. Having patience while being able to strategize and minimize risk while knowing when to make aggressive trades is definitely the key. From the looks of the trade patterns it looks like the few winners that were staking are getting ready to start selling off. Should get interesting soon.
Sometimes those people get a lot of money for following so don't feel to bad for them