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In my previous article about project buybacks, I mentioned:
There are various hedging strategies for buybacks.
Simply put, buying can be real or just for show—whether it actually has an effect or if real money is spent is another story.
I’ve already closed my position at 0.653. As a rule, I don’t take buybacks seriously unless they’re written into the protocol.
I still believe that when the main holders/manipulators are broken and the price collapses, another round of buybacks is usually just the last exit pump.
Just look at scam coins like $SHELL for reference.
Of course, $zkj might actually be building something real, but I’ve been burned too many times.

Tiancheng Xie
@Tiancheng_Xie
你解释解释为什么发生事情的当天KOGE/USDT里面没有什么USDT的流动性,全是KOGE.你们通过ZKJ/KOGE把抛压全部扔向了ZKJ/USDT里面,我们接了几千万美金的抛压,你还倒打一耙。还有你把我拉黑了,不让我留言,是在害怕什么? 心虚什么? x.com/Tiancheng_Xie/…
Don't rush when you see a negative rate
The market is lagging seriously now. Go for it when there is good news, and run away when the market reacts.
Many people don’t understand trading. So there are opponents. Otherwise, who will make money?
Sector:

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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