⛔️ STOP Buying Every New Coin Listed on Binance 🪙💸
🔎 DYOR Before Investing in Coins
Before Binance Listings:
Check the official coin's website to see if it mentions legit exchanges where you can buy or swap the coin—this is often available an hour or even a day before the Binance listing.
⛔️ Stay Alert for Scammers:
Avoid fake websites and contract addresses.Be cautious with people offering help or promoting fake wallet connections.Even official platforms may unknowingly list fake or copycat versions of legitimate coins. If you buy these, they’ll be worthless when you sell.
The New Coin Pattern
When new coins launch, here's the usual sequence:
Strong Pump 🚀:
The price might open at +100–3000% due to market excitement.
Sharp Dump 🔻💥:
The price may drop drastically (though it might recover over time).
Why the High Variations?
Apps often calculate the increase based on the first recorded price (e.g., $0.02), but in reality, the market might open at $5 and rise to $7.50—a real increase of +50%, not the exaggerated percentages you see.
Coins I Tried:
I invested small amounts to test the waters. Here’s what happened:
Some coins pumped massively, then dumped.Others started dropping right after opening.
Lessons Learned:
Don’t go all in. New coins are tempting, but the hype doesn’t guarantee profit.Hold and Research: I’m holding my positions for now, while researching each coin's long-term potential.Dips Can Be Opportunities: If a coin has value, buying during a dip might pay off.Avoid Panic Selling: Market movements are natural—research and make informed decisions.
💡 Remember: Not all coins will deliver 1000% gains. Exceptions exist, but they're rare. For example, a genuine +300% increase (from $1 to $4) is impressive but not typical.
#BinanceMEOpening #MOVEOpening
