Don't Chase Green Candles!

I had a couple of requests today asking if it makes sense to buy Pixfi.

The answer is simple:
If you want to invest and hold long-term, you can go ahead and buy Pixfi. Even if the price declines in the short term, you should be good in the long run since you bought that early.

If you want to trade, I would definitely NOT buy Pixfi now. Here's why 👇

Pixfi is already up almost 200% today. That's a massive gain! And even if the token has the potential to go much higher, the risk of a correction is enormous.

One golden trading rule is "never chase green candles"—wait for a correction and enter then.

Don't FOMO — even if the price pumps another 30%. The risk of buying the high is much higher than the potential reward.

Summarized: My approach to trading is to reduce risks. Therefore, I consider the risk of entering a token that has pumped almost 200% way too high. It's much better to wait for a correction and then enter it.

ben_walther

I'm Ben. Crypto lover, trader, and coder.

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ben_walther

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