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BullishBanter
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🚨 🚨 ⚠️ 🚨 🚨 AVOID BUYING CRYPTOS AT LISTING
When a new cryptocurrency gets listed, there's often a huge buzz around it. You'll see it trending on social media and platforms like Binance Square, which naturally attracts many newcomers eager to buy in. However, this is typically a bad move. Post-listing, a cryptocurrency often becomes inactive and gradually declines in value. A quick review of older crypto listings shows that it's rare for a coin to keep rising after a major exchange listing. While exceptions exist, in about 95% of cases, buying at this time leads to losses. Patience is crucial.
Don't be tempted to try and buy at the lowest listing price either; it's nearly impossible. Ultra-fast trading bots with minimal latency secure those prices. Unless you have millions to develop such bots and position them near data centers, forget about it. You'll end up wasting both time and money.
I hope these insights are helpful and that some of you will apply these tips. This post reflects only my opinion. Thank you for reading. If you found it useful, please like, comment, share, and subscribe. Your support is greatly appreciated.
#Write2Earn! #BullBanter #SOFR_Spike #BinanceTurns7 #altcoins
When a new cryptocurrency gets listed, there's often a huge buzz around it. You'll see it trending on social media and platforms like Binance Square, which naturally attracts many newcomers eager to buy in. However, this is typically a bad move. Post-listing, a cryptocurrency often becomes inactive and gradually declines in value. A quick review of older crypto listings shows that it's rare for a coin to keep rising after a major exchange listing. While exceptions exist, in about 95% of cases, buying at this time leads to losses. Patience is crucial.
Don't be tempted to try and buy at the lowest listing price either; it's nearly impossible. Ultra-fast trading bots with minimal latency secure those prices. Unless you have millions to develop such bots and position them near data centers, forget about it. You'll end up wasting both time and money.
I hope these insights are helpful and that some of you will apply these tips. This post reflects only my opinion. Thank you for reading. If you found it useful, please like, comment, share, and subscribe. Your support is greatly appreciated.
#Write2Earn! #BullBanter #SOFR_Spike #BinanceTurns7 #altcoins
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