same fomo made my buy saga and renz and am yet to recover half of my capital.
Post
Michael Bloomberg
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Beware of the Binance New Listing Hype
Whenever a new coin is listed on Binance, it brings massive hype, resulting in a sharp price increase, sometimes exceeding 3000%. But history shows us a consistent pattern—most of these coins experience significant dumps just days after their listing.
If you check the list of previous Binance new listings, you'll notice that after the initial euphoria fades, these coins tend to drop drastically, often erasing much of the early gains. This pattern highlights the risks of FOMO (Fear of Missing Out) during such events.
Today's newly listed coin $MOVE might be enjoying the spotlight, but following the same historical trend, a crash is likely just around the corner. For retail investors, it's crucial to avoid impulsive buying and focus on the bigger picture.
Key Advice:
Avoid chasing the hype of newly listed coins.
Be cautious, as these pumps are often unsustainable.
If you're trading, set tight stop-losses to protect your capital.
Don't fall into the trap of thinking the hype will last forever—history suggests otherwise. Stay safe and trade wisely!
#MOVE #NewListing #BinanceListing
Whenever a new coin is listed on Binance, it brings massive hype, resulting in a sharp price increase, sometimes exceeding 3000%. But history shows us a consistent pattern—most of these coins experience significant dumps just days after their listing.
If you check the list of previous Binance new listings, you'll notice that after the initial euphoria fades, these coins tend to drop drastically, often erasing much of the early gains. This pattern highlights the risks of FOMO (Fear of Missing Out) during such events.
Today's newly listed coin $MOVE might be enjoying the spotlight, but following the same historical trend, a crash is likely just around the corner. For retail investors, it's crucial to avoid impulsive buying and focus on the bigger picture.
Key Advice:
Avoid chasing the hype of newly listed coins.
Be cautious, as these pumps are often unsustainable.
If you're trading, set tight stop-losses to protect your capital.
Don't fall into the trap of thinking the hype will last forever—history suggests otherwise. Stay safe and trade wisely!
#MOVE #NewListing #BinanceListing
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.