⚠️ WARNING! 🚨
A new coin "VELODROME" is about to get listed. Please resist the temptation to jump in right away. Here are some key points to consider:
Avoiding FOMO (Fear of Missing Out)
• Initial Prices: Early investors often get the starting price, not the general public. Prices can spike quickly and then stabilize.
• Wait for Stabilization: It's often wise to wait 2-3 days after the listing to see where the price settles. This helps avoid buying at inflated prices driven by initial hype.
• Newbie Pitfalls: Many new traders, especially those trading futures, lose money by rushing in, hoping to catch "the next Bitcoin".
Smart Trading Tips
1.Research Extensively: Understand what VELODROME is about before investing.
2.Be Patient: Allow the market to stabilize to get a better idea of the coin's true value.
3.Avoid Impulse Trades: Rushing in due to FOMO can lead to losses. Make informed decisions.
Final Advice
Stay informed and act smart. Don’t let the excitement of new listings cloud your judgment. Always do your research and consider waiting until you have a clearer picture of the coin’s potential.
Good luck, and happy trading! 😊