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.
In fact not all early buying methods are profitable, because if you are not careful about the project which turns out to indicate a scam, it means that early buyers suffer losses. Most when making a decision not to sell because they still expect an increase. Besides the strategy that you believe is effective sometimes backfires because in crypto pump and dump happens quickly.