Let's talk about the coin Neiro. Why did I miss the 3x increase?
I'm posting an entertainment post. Actually, I recently found that it's fun to use the altcoin to do T. The key is to save worry.
Then why did Neiro rise 3 times after it was launched on the secondary market, and I didn't catch it?
At that time, my personal altcoin position was holding FTM, out of the inertial view that the new coin will peak when it is launched.
At that time, I didn't pay much attention to Neiro.
But Neiro is different. What's the reason? Let's analyze it next.
This requires some knowledge of trading psychology.
Regarding uppercase and lowercase Neiro, each had a group of believers before it was launched on the secondary market.
But when uppercase Neiro was launched on Binance, it seemed to have made a conclusion about Neiro-lowercase was abandoned.
Due to the conclusion that has already occurred and the panic factor, most of the firm believers who originally held a large number of lowercase Neiro could not see the hope of continuing to hold.
And chose to throw it away or cut losses.
But what's interesting is that a few days later, Binance launched lowercase neiro again.
At this time, most of the original retail investors or heavy holders had already sold their lowercase neiro chips, and the car became very light.
So when Binance released the launch announcement of lowercase neiro, traders who are sensitive to the market took a little time to analyze it.
It can be basically determined that lowercase neiro has been highly controlled.
On the first day of the launch, it took on the selling pressure of a very small amount of bottom chips, as well as the profit-makers who chased high after the news came out.
After the selling pressure was eliminated, it began to pull up to create an effect.
But it was only after the fact that I recalled the whole process and realized the reason for the original miss.
I was still not sensitive enough to the cottage market and did not spend time to analyze it.
So on the first day of the launch of lowercase neiro, I was able to realize it and hold a heavy position, which is indeed admirable.
The market always rewards the prophets and pioneers the most. This is quite correct.
