Should You Sell Before the Spot Listing? đ€
Are you holding $USUAL coins and wondering whether to sell before the spot listing? Hereâs what you need to know to make an informed decision.
1ïžâŁ Pre-Market Phase:
Before a coin is listed on the exchange, it remains in the pre-market phase. During this time:
Private Sales/ICOs/Presales: You can acquire the coin before it hits public markets.
No Losses for Holding: If you choose to hold onto your coins, they stay in your account or wallet, and you donât lose them in this phase.
2ïžâŁ Spot Listing:
Once the coin is officially listed on exchanges, it becomes available for trading:
Public Trading: Your pre-market coins are now ready to be traded at market prices.
Sell or Hold: You can decide whether to sell for a profit or hold and wait for future price growth.
3ïžâŁ The Big Decision â Sell or Hold?
đ° Hold for Gains?
Pre-market buyers often get discounted prices. If the listing is successful and prices rise, holding onto your coins could lead to significant profits.
â ïž Sell to Lock in Profits?
Sometimes, after a listing, coins experience a "pump and dump" pattern, where prices spike and then drop sharply.
Selling early can help secure profits before any sudden price corrections occur.
4ïžâŁ Important Tips:
Check for Vesting or Lock-Up Rules: Be aware of any restrictions on selling your coins after listing.
Some projects implement lock-up periods for early investors.
Stay Updated: Know the exact listing date and time for $USUAL to plan your strategy.
So, What's Your Strategy? đ„
Deciding whether to sell or hold requires careful consideration of market conditions and your risk tolerance.
Stay informed and plan ahead to make the best decision for your portfolio!
