Quote from: LUCKMCFLY on Today at 11:03:45 PM

Quote from: Wexnident on January 08, 2022, 01:13:15 PM

Quote from: LUCKMCFLY on January 07, 2022, 05:34:12 PM

You are right, in fact there is a very common practice in trading that has been applied for months, all this was started by the NFT games and consists of participating in a whitelist to buy tokens in a private sale, then in the public sale sell at the pump, this way a good profit can be made, of course there are people who like games, but since many NFT games have been in decline, what they are already opting for is private sales and then public sale . Of course this does not imply marrying the token or currency, and although it is risky, many who take this risk have obtained good returns.

This is still being done no? I know a few groups that has been doing this and they've been profiting quite well from the strategy. Honestly, I'd recommend only doing this strategy if you have plenty of money to spare for trading, it could bring profits but there is a HUGE chance that the project you're going to invest into would turn into a dud. I'm pretty sure it's quantity over quality in these cases, so the more money you can use to invest in different projects, the higher chances of you profiting off. Well with risk comes with rewards after all so I guess it's a natural, just that again, it depends on your starting budget.

If it is being done, but it is not like before, there are some presales that are successful, but the lifetime of the token is very short because everyone waits for the first 2 or 3 candles that rise to the highest point and then sell and then there is no more investment, therefore at that moment is when the token is very low in price, I think that this is an already very risky option to do it, however in the telegram groups that sometimes I follow, they still recommend doing it because at less you can win a x2, and many are satisfied with that.

I could say that it is really always been a gamble when you do intent to deal with low caps or low price shit coins in the market yet you wouldn't know if they would make out some recovery or pumps in price or would tend to have those random rise and this is where people do really hope for.

Right time speaking is something that cant really be done because this market is way too unpredictable and theres no way you could know the precise or exact time on when you should get in.

This is where experience and skills would vary because not all would really be good on doing that.