SECRET: Avoid Trading This kind of Coin if You Want to Succeed in the Crypto Industry.
I want to share an important secret of success in cryptocurrency trading that you might not have learned until you lost all your trading capital. I was once a victim when I started trading.
As a crypto trader with a long-term target, avoid trading newly listed coins, especially in their first 60 minutes of being listed.
Here are some reasons you should avoid them:
1. Lack of Track Record: Newly listed coins have a limited or no trading history, making it challenging to assess their performance, price stability, and market behaviour.
2. Higher Risk: Newly listed coins are often more volatile and susceptible to significant price swings. Lack of liquidity.
3. Uncertain Fundamentals
4. Potential Scams
Secure your funds.
