this post was submitted on 09 Oct 2024
1 points (100.0% liked)

Cryptocurrency News & Discussion

6 readers
1 users here now

The leading community for cryptocurrency news, discussion, and analysis.

founded 2 years ago
MODERATORS
 
The original post: /r/cryptocurrency by /u/AndreiGamer07 on 2024-10-08 17:40:23.

I recently got into the crypto market and saw many coins like this, thinking I could just buy low and quickly sell during the peak and make a good profit. However, when I tried to sell I got this message saying I will lose 94% of the value if I try to swap, basically selling for the same price as I bought it for. I think this has to do with the coin's low liquidity, I tried Coinbase Wallet, Uniswap and Metamask with no luck. Are all these coins that have short, high peaks a scam?

no comments (yet)
sorted by: hot top controversial new old
there doesn't seem to be anything here