Vand Ni
@ni-bro
$OM is a popular cryptocurrency in the Middle East. Historically, OM has coordinated with three waves of buying communities entering at different price levels, which collectively drive the token price upward.
At the same time, they facilitate OTC exits for token holders. The capital from these off-market exits is then used to boost the token price again, setting the stage for the next wave of OTC inflows.
On March 31st, I received a collaboration offer from this project. Fortunately, after conducting in-depth background research, I declined the proposal.
In my opinion, it’s unwise to enter any high-leverage positions at the current price level. I entered at a favorable point; however, when a token’s spot market becomes completely dysfunctional, we inevitably enter a contract-driven game — and that’s dangerous. We’re not professional players in this kind of leverage war. I’ve already closed my positions.
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