One thing i’ve noticed in the crypto space is sometimes a simple strategy can make you more potential profits. I’m sure i’m not only one taking note of the recent happenings on exchanges. I mean one would list projects early, giving investors the opportunity to buy early while another one would list the same project later, it’s like giving the sell signal because early investors sell upon listing.
I’ve seen this happened often especially with $PNUT and $ACT. Yet again, $BMT i bought it on Bitget early on when it listed, it did +200% and sold when i realized the price was dropping upon Binance listing. Its listing pattern nowadays is like giving a sell signal and it wasn’t used to be like this. Seriously, it really needs to change this whole dumping cycle it has going on.
This is the same as when ICO was still trending, early investors will have the opportunity to get big profits when the token is listed on the exchange, but the question is, do all tokens provide profits? The answer is no, first because the price is immediately disappointing at the beginning of the listing, second because as investors, they are often not satisfied with the profits that are already in front of their eyes so they think the price will continue to rise for bigger profits without knowing that there are already those who are ready to throw away a large number of their tokens.
If you are successful with some tokens, it does not mean that the results will always be like that, so be careful because the profits you get can be lost entirely because of one mistake.