Re: Is there any benefit of listing tokens on a large exchange?

People expect a pump after a coin is listed on an exchange. In fact, there even is a bot to inform you when a new coin is listed: https://bitcointalk.org/index.php?topic=2966800.0

But people don't realize that it often starts with a big dump! I asked the creator of the bot to explain why he thinks this strategy is good but I didn't get the answer:

Quote from: spirali on February 26, 2018, 09:45:41 PM

Quote from: woodywoodf on February 17, 2018, 02:43:49 PM

And we all know what happens to new currencies on the market.

I guess the strategy here is to buy a coin the very first minute it is added to an exchange hoping that it will pump during the first minutes. So I analyzed some of the alerts of the bot (from February 21st) and found that:

### The following coins started with a PUMP ###
https://www.huobi.pro/blz_btc/exchange/
https://www.huobi.pro/edu_btc/exchange/
https://hitbtc.com/CTE-to-BTC
https://hitbtc.com/CHP-to-ETH

### But the following coins started with a DUMP ###
https://c-cex.com/?p=sfi-btc
https://hitbtc.com/HAND-to-ETH
https://hitbtc.com/ACO-to-ETH
https://hitbtc.com/UTNP-to-ETH
https://c-cex.com/?p=aurs-usd
https://www.bibox.com/exchange?coinPair=UUU_BTC

So this strategy might not be a good idea after all. I only checked the pairs I could see without registering though (I don't want to register to an exchange just to check a pair history). Also this strategy might work only when a pair is added to a "big" exchange. @OP, can you explain a little more for which strategy your bot can help?