Hi I want jump on the bandwagon right now and buy some shib haha I am looking at the rsi and extremely overbought I see. Should I just wait a bit for it to come down some then buy? Or this still going through the roof and I should get on now?
If you buy at this time with a very large increase, then the potential loss is very large if it decreases in the near future, because if a coin can go up so big in the near future, then when it decreases it will also be like that.
Yeap I think you make a good observation there Mostly is good to lookup why it had that pump in the first place and whether its sustainable and where it will head next and why you think is headed there Look up devs and see whats going on there