I think this is a controversial opinion, I think the usefulness of a premarket depends mainly on the token you're buying or selling, if you're buying a token that the community are planning to dump and sell upon listing a loss is almost inevitable but a token like an utility one with real potential is really worth buying on a pre market
I've bought on a premarket before and made very little profit but I didn't take any loss
I've bought on a premarket before and made very little profit but I didn't take any loss
The pre-market is useful as a shadow reference for estimating listing prices, and I think there's nothing wrong with my statement that says the pre-market can't be a real reference
. Then, how can we as investors who buy coins/tokens in the pre-market know whether the team or community intends to sell on a large scale or not?I would also like to know if you actually participated in the pre-market, can you provide us with proof?