Quote from: batang_bitcoin on Today at 10:17:16 PM

Quote from: TimeTeller on Today at 09:19:05 PM

Quote from: batang_bitcoin on Today at 09:03:58 PM

That's because that coin is still fresh and new to Binance. With that situation of the coin it's really gonna give you a quick movement and you either make it or break it from it. That is what usually gonna happen with coins newly listed on Binance and any other exchanges. They'll give you the excitement but you see to it that they're moving as quickly as they can while most of the traders are on them, trying to make quick gains. But if you stay for so long on it, you'll get stuck.

New coins is actually hard to determine their next movement, and so you are just speculating on this matter.
If you already invested on such project, what you can do is keep up with their updates, follow their social media channels as you can get some insights on where they are heading to.
Most of the time, they won't disclose their plans on their official website, but you can get some valuable inputs from their social media platforms.
The way they respond to their followers and how they give answers to some critical plans towards their project.

That's true and it's basically a gamble to many of the traders but they know how to do it if they're freshly done and listed on Binance. So, count it like a few days of being listed and they'll be actively trading there. And once they're done, they'll never be back on it until the see some actions or news coming from its community. That's why they make easy money from it and if you're new to it, you're likely the one that will get slaughtered by these experienced traders.

Indeed, if you are not careful following this kind of action you'll see yourself losing your money. There are many things that you need to consider following new projects that being listed to good exchange, things that will allow you predict and assess if it's still good to place position or your should need to forget about that project and look for other project to invest. Though sometimes taking that risk may give you decent profits just not to allow yourself doing and over trade or taking long engagement to a new project that can collapse any time, it's a big risk for your money, just do your DYOR and take time in each decision you need to take.