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CRYPTO MECHANIC
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The only reason why i suggest to do proper research before you buy a new coin and always suggest not to chase a coin right after the launch. $NOT down 50% since the launch.
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Since Not coin is coming on Binance Here is what you should do when a new token launches on exchange 1- Find out if there was an ICO (initial sale) for the coin. If there was any what was the sale price. 2- What will be the total supply of the coin and how much is circulating at the time of launch. 3- What sector of the technology they're focusing on? is it Ai , ecosystem, gaming ,layer 1 or 2 or any other crypto narrative . 4 - Once you get all the info wait and see at what price the coin is launched. Compare the gap between the ICO price and the launch price. 5- What's the marketcap of the coin at the time of launch. If it's too high it's not worth buying right at the launch. it's most likely launched at higher prices and people who got the presale or free airdrops will rush to cash out. 6- Make sure the price is not too high from the ico price and marketcap is less than $400 million. 7. Find out if it's purely a new coin or already trading on other exchanges. 8. Find out if there was a free airdrop of this token. As per available information so many #notcoin tokens have been airdropped to people and there was a launchpool as well Once you find out all of these details. Now ask yourself should i chase this coin right after it launched or not? My personal suggestion to you : Don't even buy a coin right after it launched - Watch the price action for a few hours - Let the coin build a base price. Make your decisions . Keep learning, Stay safe #notcoin
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Getting rich quick The more you rush your trading success, the slower you will go. You will get stressed by trying to: • Trade with big position sizes. • Taking a lot of trades. • Trading every day and forcing it. • over risking or over leverage. If you rush the Process, the Market will humble you.
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Adding more into $PEPE chart The more time it spends around these last highs the better it is for bulls. Price should stay above 9900 on the daily closing basis if there is more upside due. If you're in this trade can give it some time for upside as long as it's holding within these highs. if Daily close below 9900, you should cut it imo. For a fresh trade, a better setup is once it close above 1100. Ps: i do not have any position on it.
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Many of you want to be dependent on others and seek trading signals. Learn to make your own decisions , It's your money at risk.
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