$BTC Risk Warning and Experience
Recently, the new coin "Dogs" has experienced a thrilling roller coaster market under the stimulation of Binance's announcement of listing - from a nearly two-fold surge to a rapid retreat, and now hovering around 0.00212 on other trading platforms. This scene can't help but remind people of the previous "Banana" coin, which stood firmly at a high position before listing. After listing, it not only failed to continue its glory, but directly entered the downward channel. The capital inflow at the opening was the bottom choice among the new coins. Combined with the performance of new coins in the past, it is not difficult to find an interesting pattern.
Conclusion: From the announcement of the listing of the new coin to the official listing of the old coin market, its price doubling often indicates that the top is approaching. Taking "Dogs" as an example, the price corresponding to its two-fold increase is about 0.0032, which may be the peak that it is difficult to cross in the short term. Therefore, for investors who pursue steady returns, the wisest strategy is to enter the market as soon as the listing news is released, and exit the market decisively when the price is close to double the increase to lock in profits.
Market status focus: At present, the circulating market value of "Dogs" is stable between 1 billion and 1.1 billion US dollars. This data not only reflects the market's attention, but also indicates the fluctuations and challenges that may be faced in the future. In this market full of variables, stay vigilant and make rational analysis to keep the rudder steady in the wind and waves.
