Re: Think I have to stop trading futures as I get to use this strategy
You are lucky to make a profit by doing that because it need more research to check if the project is good or bad. It is not easy to find the right coin that want to listed in the exchange.
But if you want to participate in many new projects, that will cost you much money. Not many people can have a lot sources so they will twice before decide. I prefer to research the coin/token that have movement so I can check the detail.
If people want to follow what @Op did, they need to learn and practice and that will need time. It is better to research what is the best way that works for us so we can focus to learn that.
But if you want to participate in many new projects, that will cost you much money. Not many people can have a lot sources so they will twice before decide. I prefer to research the coin/token that have movement so I can check the detail.
If people want to follow what @Op did, they need to learn and practice and that will need time. It is better to research what is the best way that works for us so we can focus to learn that.
All strategies needs patience though, I've also been keeping up with what OP is doing, infact the core reason for trading is to buy high and sell low and since Binance recent listings are exit liquidity & Bitget listing token early, I took advantage of it to maximize profits
For instance, I recently bought $BANANAS31 and $BROCCOLI on Bitget as they listed the projects early, and when Binance announced their listing, their prices surged, earning me a cool profit after they are listed.
Your strategy is not bad because Binance listing is indeed result to temporary pump the price especially if the price before it was listed is already corrected since traders usually buy back on the token that was already announced to be listed on Binance.
Quote
You see Binance nowadays lists new projects based on vote to list, but by that time they list, I have already done my research and identified exchanges that have listed those first.
I’m not aware that Binance is using this method to list a token. Can you provide source where will this voting happened?
It's a new concept..you can check their twitter page for information