Binance listing = Dump.
Sorry to say that, but its the truth.
You saw a good coin, backed by good fundamentals, dev, and community.
Then you decided to buy some.
Sometimes later it got listed in the exchange, you got excited and buy some more hoping it goes up even further. Instead what really happen is, it dumps all the way to the pit and you lost your money.
Let me tell you something.
Most crypto user (me included) usually gets excited when coin devs announce that theyâre going to get listed in binance, but honestly its also a good time to realize your profit!
So why should you exit when it got listed in binance? Believe me or not, most coins that got listed in binance, dumps.
How? Heres why:
Binance is no 1 exchange in the entire world in terms of size.
More size = more liquidity
More liquidity = easier for whale to exit positions.
No whale backers=DUMPS
So what should you do? Easy, really.
Find a good coins, then go to dex. Buy some. Then when it got listed in Binance, simply sell!
You might not realize much profit but one thing is, youâll profit most of the times!
Donât believe me? Hereâs the data of the newly listed coins in Binance.
