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 ?
As long you do make out some good returns then why stop? Each of us does have that different ways on dealing up with things on which our mind isnt that working as the same with other people. There would be factors on which you would be that doing specially when it comes to analysis and making up some checks before you decide to make out some investment. I have some experiences on buying up on pre-market since i have been doing some bounty hunting in the past on which if the price of a certain coin/token is undervalued then this is where i do consider out on taking up some investment or making up some early buys on which it turned out to be profitable since the time that it do get listed on exchangers then it does have that much higher price, but there are those times that ending up on negative but what matter the most on here is that you do made out some positive profits.
Checking about on the project then it will be that up to you on how you would be that making out some research about it. You are the ones will be trying out to have some analysis whether its that worth on investing or just simply wait up for it to be listed on exchangers before you would be making out some accumulation because you do believe into the project potential. Most of the time on which these projects do end up on kissing down into the floor when it comes into its price on which its normal and only into those projects which does have the potential will be able to recover and to those shit ones will be ending up on dying after a single pump and never make out such recovery.