and to enter the arena of these new currencies one knows that all investment is short-term like the very volatility that the currency may have that is the first thing...
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Beware of the Binance New Listing Hype and Run Fast at the First Opportunity $ACX Whenever a new coin is listed on Binance, it creates a huge buzz, leading to a sharp increase in price, sometimes exceeding 3000%. But history shows us a consistent pattern - most of these coins experience significant declines within a few days of their listing. If you review the list of previous new listings on Binance, you will notice that after the initial euphoria fades, these coins tend to drop significantly, often erasing much of the initial gains. This pattern highlights the dangers of fear of missing out (FOMO) during such events. Today’s newly listed coin $MOVE may enjoy the spotlight, but according to the same historical trend, a crash is likely to be imminent. For individual investors, it is imperative to avoid impulsive buying and focus on the bigger picture. Key Tip: Avoid chasing the hype of newly listed coins. Be careful, as these increases are often unsustainable. If you are trading, set tight stop losses to protect your capital.
Don't fall into the trap of thinking the hype will last forever - history suggests otherwise. Stay safe and trade wisely!
#MOVEOpening #NEWListing #BinanceListing
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