$Velodrome Crypto: Strategy and Risks for Beginner Investors

If you are thinking about investing in Velodrome cryptocurrency, it is essential to understand the scenario and the risks involved

The Whale Strategy

Large investors, known as “whales”, have a clear strategy when investing in coins like Velodrome. They buy millions of dollars of these cryptos at low prices and wait for a 2X or 3X appreciation before dumping it all on the market, causing a sudden drop in price. When this happens, the coin often never recovers to its previous levels.

So, if you decide to buy Velodrome, do not have unrealistic expectations, such as expecting a 100X gain. The key is to learn to “swim with the whales”: get in and out at the right time, before they take their profits.

My Personal Strategy

I bought Velodrome at $0.15 and am prepared to sell at any time, ensuring a good return. My investment was high, so I am comfortable with walking away with a solid profit without the risk of waiting longer.

If you are investing a smaller amount that won’t make much of a difference if you lose it, you can hold on for a little longer, but always keep an eye on the market. If the price starts to drop, my strategy is clear: sell at $0.20 to minimize losses.

Many may wonder how I managed to buy Velodrome at $0.15, a lower price than is usually found on platforms like Binance. My answer: pre-listing on another smaller platform, before being listed on Binance

Before being listed on popular exchanges, cryptocurrencies can be found on smaller platforms or directly in pre-sales. However, it is important to note that this is risky. I have bought coins that never made it to the Binance listing, which resulted in a loss.

Final Tips for Investors

1. Define your goal: Know exactly how much profit you want and be ready to sell when you reach that goal.

2. Manage your risks: Only invest what you can afford to lose.