Cronos / BitcoinMis à jour Reason why does CRO dump every now and then
Each white vertical lines represent the end of each syndicate event on crypto.com/exchange
If you noticed, during that same time, CRO would dump and for simple reasons as CRO is coverted into other altcoins during this syndicate event, triggering a sell off.
Later, people would sell their altcoin back into CRO to participate in future syndicate events with more CRO coins to spare, causing prices to return back to their usual prices or even higher.
If you noticed, during that same time, CRO would dump and for simple reasons as CRO is coverted into other altcoins during this syndicate event, triggering a sell off.
Later, people would sell their altcoin back into CRO to participate in future syndicate events with more CRO coins to spare, causing prices to return back to their usual prices or even higher.
Note
So in short, if you want to buy CRO at a "discount" buy it one to two days after the end of a syndicate event.Note
Watch out for 30/6 - 2/7 as I predict there will be a larger dump in CRO prices due to the syndicate event (BTC 50% off) converting a larger amount of CRO into BTC
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.