Hello friends,
For the first time today, the right light for the cryptocurrency market came on in my head.
Everyone asked themselves the question of how to buy coins at the right time. I wanted to share my experience on these issues.
I try to follow the news about the listing of promising coins on different exchanges, this is almost a 100% chance that after listing the coin will take off, it has been proven more than once from my own experience. For example, now I have bought coins for a budger and nwc, which will soon have a listing on huge exchange. I am sure that the price of these coins will rise immediately.
What do you think of this strategy? How do you define a buy zone for yourself?
that's true, it's very likely that when a new coin is listed, the price will increase, but it's very likely and usually the high price will occur in just a short time, therefore we also have to know when is the right moment to sell it.
Broadly speaking, things will happen as you said and after that it might go down by starting to sell a lot and it can't be managed properly. but there are also those whose prices remain consistent and some even increase even more because the strategies that are built are always different.
but usually if a coin is listed on a large exchange there will always be an increase after a massive sale from the bounty because they have estimated and arranged so that the market can be controlled so that the price does not plunge.
I agree, always prepare yourself and arrange when to hold it and when to start selling it, you must continue to monitor it.