Cryptocurrencies are often incredibly volatile and can see massive price swings in a short time. This makes them ripe for bear traps. A bear trap is a situation where traders wrongly think a coin is about to reverse a downtrend. These events often result in significant losses. This guide will discuss crypto bear traps, how to identify them, and the risks involved in these situations. Introducing Crypto Bear Traps A bear trap happens when a trader buys assets, expecting the…
Tag: CHANGE
ChangeX – The App that Turns Traditional Bank Customers into DeFi Participants
ChangeX is an innovative app bridging the fiat and crypto worlds to create a hybrid system of CeFi and DeFi elements. Its goal is to make it easier for everyone to access the benefits of cryptocurrencies and traditional banking from a single, user-friendly mobile point. A team of industry veterans has been building the app since late 2021. Now, the project is reaching one of its biggest milestones - the DEX Liquidity Event for its native $CHANGE token, which will…
1 month ago 
595
views