What happened with the TRUMP coin. Post inauguration the coin dropped unexpectedly to $30, giving heavy losses on short and long to traders who were holding the coin.
When Mr. Donald Trump announced that he will launch a coin Which will help into the USA economy as well for fund rising, some people appreciate it and they convert their whole portfolio into this coin and make a good profit in the beginning, however, those who were doing future trade into this coin, and were doing one kind of gambling into this meme project, this coin washed out them very badly. This actually what happen in crypto currency, big merchants take their profits out at right time leaving behind the small merchants to wash out their funds.
The best thing is not to greed in crypto currency, you get lots of opportunity to grow steadily if you remain patient and not react in haphazard way pressing buy and sell buttons on market prices.
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