[Curve DAO Token] Be careful with this project lost ~0.17BTC ~ $2000 trading it.

[cryptoaddictchie]

$CRV just stole all my $ETH profit 😭😭, just have to exit the market to short my loss.

Sorry to hear what happened to this mate. In my experience I have huge loss on paper value but since I cant accept it. I hold it instead of cutting loss since the project is a good and has solid grounds. After few months most likely it got recovered and earned profits. Im not saying you did mistake but its wiser to cut loss. I supposed you are day trading right? Sometime rekt happened all the time on some new project and knowing yam governance with same concept with curve everything is possible.

Sorry boss for your loss and thanks for warning us.

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[Pamadar]

It's something that most new traders and those who are still in the learning process needs to understand.

There are things that influenced market movement coming from each projects that being offered around, and basing from your
statement this particular downfall is not yet over and giving signs to those who are interested to invest is a very good contributions
to alarm them up before placing their respective entries. It's very important to invest only the money that you are willing to spare.

[libert19]

Tbh you are better off farming these tokens by being lp than buying them.

[Francis Freeman]

The dump isn't slowing down anytime soon so don't be in a rush to buy into the project as there'll be around 2million tokens coming into the market daily (~766k or so but can't get my head around the number as I'm in pain). Don't get me wrong though, I'm not trying to point fingers here towards the authenticity of the project since I believe my mistakes cause me this lost.

In my years of trading this has to be my biggest lost so far so just thought it'll be right if I caution others before they make the same mistakes. Judging from what I'm seeing it seems I'm quite lucky I didn't get in at the ATH around $50 those who bought then most be feeling more stupid than I am right now. $CRV is currently trading around $6.5 with around -50% lost in 24hrs but this shouldn't cloud your judgment more decline is likely to occur.

$CRV just stole all my $ETH profit 😭😭, just have to exit the market to short my loss.



Stay safe guys don't invest more than you'll be ok losing, you'll be better off holding bitcoin (Personally I'm sating you should too).

I think this is gonna be seen across several defi projects that are popping up low circulating supply now. When they start releasing the locked supply this is inevitable. Be very careful

[hd49728]

I guess so many people didn't aware of if the dev is still holding its premined coin and it's not yet dumped to the market. Some people have bought CRV for $50 each. So many people have been suffering a huge loss on this scam coin. i didn't know why binance was listing this crap coin on its exchange site.

CRV is not a crap and scam coin. Do you think Binance easily accept a new released, scam and crap coin on their exchange? If they do so, it will destroy their reputation. Look, not only Binance but many other big and old exchanges listed CRV on theirs, Poloniex, OKEx, etc.

Who bought and took profit in minutes after the coin listed on exchanges, I don't know and don't care but now when the price dump x times from the highest price after listing, is it time for you to buy it? Think of it, and think twice before you invest.

[shawman]

Look at the supply details. That alone is a HUGE redflag. It was pumped up by the promoters as soon as its listed hoping some suckers will buy it. Use standard approach like a discord channel and then sell some coins.

Ciruculating supply is under 10m of overall premined coin supply of 1.3B !!!. Total supply is 3 Billion. This is definitely playing with fire. stay away from coins like this.