The crypto market is currently bullish rn, and i’m finally feeling optimistic again. I won’t lie i’ve been thinking about premarket trading lately because the past few ones i traded made me good returns.
I’ve seen there’s mixed sentiment when it comes to trading tokens on premarket and i can’t overlook the fact that it’s highly risky but when i check the technicals, the volume and liquidity of the token i have in mind, it has helped me a long way. Also, most especially its usecase. I remember when i traded Grass on premarket, the return was quite good, recently went for Initia and now I’m thinking of getting my hands on Sign after realizing, it’s powers tools like TokenTable.
But what would you check for, if you were to trade a token on premarket today ?
When it comes to premarket experiences then i can say that i do made out some profits and made out some loses. The primary risks or problem that you would be able to encounter is on that losing money that you had invested. We do know that not all will be able to made out some jump and also its a bit hassle that there will be that some sort of collateral or what. Lets talking about the probabilities on losing up tons of money on which not all pre-market prices are that accurate since not all projects will be that similar on the moment that they do get listed or having that TGE on exchangers. This is why if you have decided on investing on premarket then it will be that up to you. I have made out myself hanging out with those new projects on whales,market. The only issue on here is that whether you had that accept out the risks involved on dealing up with assets on which it didnt touch up on centralized platforms first. So taking up such further step isnt something that will be that so easy.
When it comes to checking then the primary thing that needs up to do is on how you do made out some analysis, whether it will be giving out that failure or would be come that a success. No one really knows on what would happen next and also investing on premarket neither it will be that cheap purchased or that expensive on on which we do know that listing price isnt something that we can be able to predict out.
This is why its important that making up some advance calculation will be just that bringing out that disappointment at the time that you do see your investment didnt turned out to be positive.