I had a debate with a friend about which is better, purchasing a token new token before its listing on an exchange or the moment it gets listed.
Before listing on exchange(s) is right time to buy. If token has reached cex, I consider it a lost opportunity, and would refrain to invest in it.
Sometimes, CEXes announce some old tokens to get them one last push before delisting them; I also consider this a lost opportunity due to knowing fully well that the exchange wants to get a buck and the volume on the X coin or token.
But do many projects allow to buy before listing itself?