🚨5 Steps for Maximizing Profit with a New Coin Project (Apply these Steps to ENA Coin)🚨
📌1. Avoid Launchpool:
Skip the pre-listing program where coins are bought before listing. The algorithms favor coin owners, with 80% of investors experiencing minimal losses.
📌2. Hold Off on Investing:
Despite high percentages attached by Binance during a new coin's launch, refrain from investing post-listing. Early investment often leads to significant losses, even if you've seen other coins skyrocket before.
📌3. Exercise Patience:
The new coin market operates dynamically based on money inflow and outflow. Despite fluctuations, stay calm and patient.
📌4. Wait for All-Time Low:
Expect panic selling as early investors bail out, causing the new coin to plummet. Typically, a new coin drops 35-40% to reach a new 24-hour all-time low. Consider investing once it's down at least 30%.
📌5. Time to Invest:
Once the new coin has dipped by at least 30%, it's prime for investment. Expect significant profits as the coin recovers, maintaining credibility with traders and Binance.
⚠️While early investment and waiting out the dump are viable strategies, there's a risk of minimal returns or the coin not returning to its initial price. Example: STRK coin.
