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5 Proven Methods for Maximizing Profits with a New Coin Project 🎯
Try These Steps to the ENA Coin
1. Skip Launchpool:
Instead of participating in the launch program where the coin is bought before listing, it's advisable to skip this step. The algorithms in these programs are designed to benefit the coin owners, leading to about 80% of investors experiencing minimal losses.
2. Hold Off on Investing:
When a new coin is launched, Binance often assigns a high percentage to attract investors. However, it's crucial not to invest immediately after listing. Even if you've seen a new coin surge previously, refraining from early investment is wise as it often results in significant losses, approximately 90% of the time.
3. Be Patient:
Navigating the new coin market requires patience as it operates based on the inflow and outflow of funds. Despite fluctuations, it's essential to remain calm and wait for favorable conditions.
4. Monitor All-Time Lows:
Many early investors tend to panic-sell when the new coin starts to decline, causing a sharp drop until it reaches a new 24-hour all-time low, typically around a 35-40% decrease. Consider investing when it has dipped by at least 30%.
5. Seize the Opportunity:
Once the new coin has experienced a 30% drop, it presents an opportunity for investment. The potential profits are substantial since the coin must recover to maintain credibility with traders, investors, and platforms like Binance. If the coin not only recovers but also surges, it can lead to significant gains.
⚠️While early investment and waiting out the initial dump are options, there are risks. Some coins may not return to their initial price (e.g., STRK coin), resulting in minimal profits."
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