#Binance Be careful of coins traded during pre-bull periods 🚨
All stock markets have an immutable rule that ridiculous products are offered to investors when the buying appetite is high.
If investors hope to make a profit, they make serious purchases and drive the market down. What needs to be done for this?
The right purchasing time should be waited. According to many financiers, products that have not seen bull and bear cycles should not be purchased. This is the sound way of investing, but since we are in the crypto industry, is it valid for us as well?
Actually both yes and no
First of all, we must check our position, we must take into account whether the general market has been horizontal for a long time, and then we must give time for the product to form a certain buyer and seller, this is called settling the board.
Recently, investors have suffered losses not only in Binance launchpad but also in many launchpads, because the buying appetite is so high. Whenever this appetite decreases, it will skyrocket as soon as new products are released.
There is a strategy that companies follow!!!
When there is a buying appetite, offer expensive items and reduce them.
When your appetite is low, get a pump and advertise to people!!
In order not to fall for all this, you have to be beaten by this market. Many of you have been beaten by this market, but in the financial markets, the game does not end, a new game is constantly being created. We are not just candles.
One of the best things to do right now is the buy-sell period.
Until when?
Until the bull comes, friends, this is possible, if we sell at a loss, much worse results will occur and our tendency to make mistakes will increase.#Bitcoin #BNB