Here is a new example of the Baggy dead stock bounce strategy (I linked my previous posts on this at the bottom of this idea).
So many people getting all excited by their beloved mlm greater fool fiat currency (lost its trendline btw, barely hanging on now), 300% in 200 days if you bought the bottom and sold the top? LOL don't make me laugh.
People are chasing...
I know nothing of this company. But either way, looks like a nice example of buying something beaten up down 99% after it starts rallying.
When it goes down usually it goes down pretty fast (crypto won't be an exception btw), important not to overstay your welcome.
I do not use this strategy at all. Adding an example, learning a bit more every few month or so......