Post
Topic
Board Speculation (Altcoins)
Re: is buying new listed coin profitable?
by
Samk
on 16/04/2018, 14:10:44 UTC
The newly listed coins has a most fluctations in terms of price as well as volume. as u can see the first day when the coin is getting listed on a exchange you may find the volume 100Btc that is because all the token holders has just transferred their token to the exchange   and so u find it that it is having a god volume and newly listed and higher probability to just 2x but just after 2 days the volume stucks to 5 btc so be carefull is you are a scalper then it is better for u to invest for short term in the newly listed coin otherwise just don't touch if u want to invest for 2-5 days.