▪️No matter how good the projects are, you should be patient when buying and selling coins...
➖Recently, all of the projects listed under the name of future project, most of which we earned airdrops from, have suffered serious declines and are unable to recover.
▫️Because new coins are not suitable for investment because they have unlocks. The selling pressure of continuous airdrops or team - vc etc. continues. Since the new money entering the market is almost zero, these coins are not preferred for investment.
▪️For example $IO is a really nice project and I want it in my long-term basket, but despite this, we sold the one that came from the airdrop immediately. You can see my sales price here. It is currently at $1.66 and if it makes 3.5x, it will reach where I sold it. If I invest now, I can get 3.5x more amount.
▪️As you can see, we received $REZ airdrop and it was a bad airdrop at first. Since this would be a new project and coin opening, I sold it at $0.19 and it is currently at $0.035. It has melted 5.5x. Those who invested at that price can now get 5.5x for the same money.
▪️Again, in the same way, I won the $W Wormhole airdrop. I received $15,000. If I hadn't sold it because I had an emotional attachment to the project and won from the airdrop, I would have sold the same tokens right now and earned $1,875. Because the coin has melted exactly 8x.
▪️ We staked ETH to $ETHFI and received an airdrop. I sold it as soon as it arrived and now we can buy it back for 3 times cheaper. The sale is $3.96 and the current price is $1.32.
▪️ $AEVO came again with airdrops and we sold it directly for $2.90. Now its price is $0.33, which is almost 9 times less. So the guy who bought it for $9,000 is now buying the same amount for $1,000 :)
▪️ $Pixel is also $0.76 sale (everyone was saying it would be $2, $5) and the current price is $0.13. So this token has melted in 6x.
✅ In summary, newly listed coins are not suitable for investment for a while. You have to wait for the right time. If you buy from the top, you have to wait for a lifetime.
▪️Similarly, there is no point in being emotional when airdrops come. You can earn more in the first 3 days because you don't sell. They increase instantly etc. but when you wait longer, the result is a meltdown of 3x 10x, I showed you in order.
▪️I sell most of the coins that come from airdrops and add to the new coins that have fallen 5x-10x. I buy back the coin I sold at the right time. Otherwise, we can never make money. You can't go beyond being the fuel of new projects.
▫️Teams sell and sell and take vacations thanks to you, cover the team's expenses. They invest in other coins. During that time, they sell all the goods to you and meet their cash needs. We should not be so emotional that it will fuel the project while it is in the development process. After all, it is not our father's project :)
