Many people were left out of the #Binance exchange's new listings.
This #altcoins performed poorly, there is no doubt about that.
However, there is one point that everyone misses.
That was the misconception that many people had that these projects would 'fly' as soon as they were listed.
Last season, Binance exchange listings like AXS FTM SAND etc. made 100s of times more. This season, these listings will of course perform well.
However, the issue here, as I mentioned at the beginning, is misconception.
Not only Binance exchange new listings, but as someone who buys and sells many altcoins every day on DEX exchanges, I have seen that the model I share with you below works almost flawlessly.
So what is this model? I will not extend this model since I have covered it in detail in my last video.
In this model, the first wave of rise comes in new projects, towards the end of this wave, insiders or those who access the project early, start to take profits, for example the team etc. It doesn't matter who they are...
FOMO people, that is, those who fall into the mistake I mentioned at the beginning, think that the project will rise even more from that area and start to buy. However, insiders have already started to sell what they have...
When projects are first listed, those who buy stay inside until the smart money area, many get tired and sell at a loss, but the exact place they sell is where they should buy...
This model works everywhere because this model is also the generalized version of many theories such as market movement logic, Dow Theory, Wyckoff Theory etc., proven by me with countless backtests.
These are facts, you can be as angry as you want, but stop and think beforehand and open and examine countless projects, wasn't it really all like this?
Those who want details can watch the video.
