THE CONSOLIDATION TREND OF ALL NEW COINS

To reap benefits in Crypto, one needs to think differently. Discover things on your own and try to formulate your own themes apply them and have an edge over others.

Last week i posted the theme about the trend of new Coins on Binance.

I even warned you people not to jump into the new coins, why?

Like the Zen wisdom says, the Tea thats hot shouldnt burn you yet you can relax wait for it to cool then take.

I showed the trend of over 10 New coins, NFP,XAI, ACE,BONK MEME, SAST etc. ALl these coins first rally up, then they start steadily consolidating down. A smart trader doesnt just join them when they are up. Either join early(that means before they are even listed on Binance, because being listed on Binance is the peak) or wait for them to consolidate down and buy them later.

Look at the pictures below like I told you, XAI, ALt, PYth, AI, JUp have also joined this trend.

So how do you take advantage of this?

You can start shorting these coins since they have entered consolidation.

The other way, the best one, long term way would be to wait for these coins to move out of consolidation and buy them then.

WISDOM: DONT JUST JUMP INTO NEW COINS, THEY RAISE UP RAPIDLY BUT THEY ALWAYS COME DOWN AGAIN. THERE IS NO DIFFERENCE BETWEEN YOU WHO JUMPED IN AND THE GUY WHO WAITS FOR THE COINS TO COOL DOWN AND BUYS LATER.

#Write2Earn #TradeNTell #TRENDING TOPIC