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Let's debunk a common misconception about new coin launches:   When a new coin like #STRK shows a percentage increase, it's not about individual buyers getting in at different prices like $0.2 or $7.7.   Before trading starts on Binance, three prices are set: 1. Opening price 2. High of the day 3. Low of the day   For instance, if $STRK's low is $0.2 and high is $7.7, with an opening price around $3, the percentage you see reflects the difference from the ICO/launchpad price to the current market price.   Everyone buys at the same starting value, not at extremes. Stay informed, don't be swayed by flashy numbers. Education is key.   #CryptoInsights #StayEducated 📚
Let's debunk a common misconception about new coin launches:

 

When a new coin like #STRK shows a percentage increase, it's not about individual buyers getting in at different prices like $0.2 or $7.7.

 

Before trading starts on Binance, three prices are set:

1. Opening price

2. High of the day

3. Low of the day

 

For instance, if $STRK 's low is $0.2 and high is $7.7, with an opening price around $3, the percentage you see reflects the difference from the ICO/launchpad price to the current market price.

 

Everyone buys at the same starting value, not at extremes. Stay informed, don't be swayed by flashy numbers. Education is key.

 

#CryptoInsights #StayEducated 📚
"Happy April 20th, post halving day, everyone! 💰 Just came across a question: 'Is it better to make safe trades for small gains if you can't afford to lose $100?' The answer is a resounding NO. If you can't afford to lose $100, don't invest it! Prioritize your essentials like rent and food over small investments. Remember, never invest money you can't afford to lose. Stay educated, stay informed! Knowledge is power! 🚀 #InvestWisely #StayEducated #FinancialFreedom"
"Happy April 20th, post halving day, everyone! 💰 Just came across a question: 'Is it better to make safe trades for small gains if you can't afford to lose $100?' The answer is a resounding NO. If you can't afford to lose $100, don't invest it! Prioritize your essentials like rent and food over small investments. Remember, never invest money you can't afford to lose. Stay educated, stay informed! Knowledge is power! 🚀
#InvestWisely #StayEducated #FinancialFreedom"
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