An anti-dumping policy is a set of rules to protect investors from falling victim to pump-and-dump schemes.
Guidelines for Navigating Token Price Surges
When considering investments during a token price surge, it is crucial to adhere to specific guidelines.
- Stay cautious of social media groups that offer free signals indicating an upcoming pump. Such groups are often associated with pump-and-dump schemes, where some members manipulate the market for their benefit.
- Seek expert financial guidance or conduct thorough research to make informed investment decisions. Be wary of influencers who rarely discuss cryptocurrencies but suddenly start promoting a random token.
- Invest only what you can afford to lose. While it is possible to profit from a pump and dump if the timing is right, it is advisable to anticipate potential risks that may result in the loss of your tokens.