Exchanges frequently list new coins, but they are actually cutting off new investors
Recently, there have been a lot of people criticizing Binance. I have a few words to say
Listing new coins is understandable. Exchanges always have to make money. Listing a new coin can bring the exchange hundreds or even tens of millions of handling fees and profits
No exchange will reject a very popular new coin because it is equivalent to giving up profits and giving the popularity to other competitors
The core of the existence of exchanges is to make money, and the interests of retail investors are placed second
Old investors know that these highly valued new coins cannot be bought, but new investors do not know
I often see people who have taken over STRK, World and other copycats in the square
They bought this coin just because they heard some news about these coins, but they did not study the token economics of these new coins
In the final analysis, they are still too young, too new, and too ignorant
Older investors understand, The only ones who suffer are the new leeks who have just entered the market
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