$NOT ALERT ๐จ ๐จ ๐จ READ THIS IF YOU'RE BUYING NEWLY LISTED COINS.
There's been a lot of hype around new coins, and unfortunately, many people have been losing money on them. $REZ coin, for example, saw high expectations followed by significant losses for many investors.
For beginners, the most important advice is to never buy a coin right after it's listed. The market is extremely volatile during this period, and it's not necessarily the fault of the coins themselves. When people lose money due to buying in too early, they often label the coins as scams.
Coins that are available through staking or airdrops tend to drop in value immediately after listing because many people sell their tokens to lock in profits. It's wise to wait for some price action to develop and only trade after that. For those who trade on shorter time frames, waiting at least a month is recommended. This advice is simple yet crucial, but unfortunately, it's often overlooked by many.#REZ