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 a bad thing that often happens to new tokens, the pump and dump cycle is really beyond prediction, even tokens that are rumored to be listed on large exchanges experience a drastic price drop after being listed. My advice is never to put all your money in new tokens, but if you really like to gamble then you are free to buy new tokens but you must remember that their value will not last long, for a moment when the pump occurs then you must sell the token before the price drops drastically like what happened to the new token you bought above.
You should really know on when to snip profits and on when to get in on which this is the most important thing that you must consider at the time that you do deal up with this volatile space. If you arent that good when it comes to control like in emotion or mindset then try out to make adjustment and enhance it out. Usually people do really that make out errors because of these factors on which it will really be causing up that huge problem on the time or moment that they will be making up such position. We do know that this market do have that almost 100% when it comes to shit projects and coins/tokens out there. If you arent that good or applying some analysis into your trades then it will really be that totally leading up into those mistakes which will be causing up that loss of money. On the moment that you are really that investing into crypto whether into those top ranking solid projects or into those meme coins or other altcoins then the risks is really just that there, it might be differ on levels but still it cant be 0% and this is you should be putting up your on mind. It will be just that common sense that if you do buy early with those tokens and if gets pumped then thats a sure profit. The question is, which one you would be trying out to invest? How you would be able to know if it will really be able to reach up new heights and generate that maximum profitability of your position. Best option will be always that basic principle of buy low sell high concept but the hardest stuff is on how you would be able to execute up such action without really that being having those hesitance and worries about into what you have done. Usually people do really get that impulsive or really that sudden changed up their decisions if ever they have seen some odd that would be against their idea and this is why it do really affects them out or simply that with consistency issues.