Any advice for a newbie?

[bhadz]

It is the same as going on with a pre-ico project and token release. I guess that as long as you are doing your thing and you know what you're purchasing with that pre market terms or in a p2p market then go for that goal you've got in your mind. But a pre market that is in a p2p basis and that means that the token isn't released yet and you should wait for its own actual launching right?

[milewilda]

It is the same as going on with a pre-ico project and token release. I guess that as long as you are doing your thing and you know what you're purchasing with that pre market terms or in a p2p market then go for that goal you've got in your mind. But a pre market that is in a p2p basis and that means that the token isn't released yet and you should wait for its own actual launching right?

When dealing up something on pre-market then it would really be needing up some sort of collateral on the moment that you would really be tending to buy up a particular
coin/token which hasnt that been released yet but the bad thing when buying up that too early on which it couuld neither be ending up on being that profitable
or would really be that totally negative yet listing price would really be that not something that could be predicted.

[bhadz]

It is the same as going on with a pre-ico project and token release. I guess that as long as you are doing your thing and you know what you're purchasing with that pre market terms or in a p2p market then go for that goal you've got in your mind. But a pre market that is in a p2p basis and that means that the token isn't released yet and you should wait for its own actual launching right?

When dealing up something on pre-market then it would really be needing up some sort of collateral on the moment that you would really be tending to buy up a particular
coin/token which hasnt that been released yet but the bad thing when buying up that too early on which it couuld neither be ending up on being that profitable
or would really be that totally negative yet listing price would really be that not something that could be predicted.

So, it's always the two result that we'll have - losing or winning. I guess that's it and the most chance that an investor gets in the pre market is about ending up profitable. But it's still unknown for most people that enters it. I hope that if ever OP decides to get into it, he'll get to share what has happened to him and with the token that he has invested and gives us an idea whether he's able to profit from it or not.

[Smcchamp]

I'm still a little new to this so just thought to ask here, how familiar are you folks with pre-market offers? I've seen a new token I'd like to buy but for now it's only available on pre-market basis.


From what I know so far, premarket facilitates peer-to-peer (P2P) trading between buyers and sellers, enabling them to acquire coins at optimal prices, secure liquidity in advance, and complete delivery at a mutually agreed upon time. It allows buyers and sellers can establish orders in advance to execute trades as desired and complete the trade at a later time. That part's explanatory, but I'm sceptical about these type of transactions. Any advice would be helpful pls.

As a newbie, always do your own research. However, if you’re a project supporter, pre-market can be a way to get into a project early and potentially sell off when it lists. Personally, I've recently participated in pre-market for IO and LISTA. Consider this option, but make sure you understand what you're doing.

[akeemqaz]

As a newbie, always do your own research. However, if you’re a project supporter, pre-market can be a way to get into a project early and potentially sell off when it lists. Personally, I've recently participated in pre-market for IO and LISTA. Consider this option, but make sure you understand what you're doing.

Yeah.. Also, newbies are often imitators at the beginning. For example, I bought some Notcoin on this exchange pre-market before it started trading. And I was able to double my investment. If any newbie sees this, they might think pre-markets are always like this.

I also risked the same amount I spent on the Notcoin pre-market on this $Lista pre-market which I'm aware of the risks behind it.
Any newbie seeing me do this might think it's 100% profitable, which is not always the case.

[pieppiep]

As a newbie, always do your own research. However, if you’re a project supporter, pre-market can be a way to get into a project early and potentially sell off when it lists. Personally, I've recently participated in pre-market for IO and LISTA. Consider this option, but make sure you understand what you're doing.
~

Yeah.. Also, newbies are often imitators at the beginning. For example, I bought some Notcoin on this exchange pre-market before it started trading. And I was able to double my investment. If any newbie sees this, they might think pre-markets are always like this.

I also risked the same amount I spent on the Notcoin pre-market on this $Lista pre-market which I'm aware of the risks behind it.
Any newbie seeing me do this might think it's 100% profitable, which is not always the case.

Every time we invest in Cryptocurrench everything has risks, we just need to avoid altcoins that do not have support from large companies such as Binance Labs or others. Beginners often make this mistake because they don't have experience that can be used as an important lesson so that mistakes like that don't happen again.

[Jamal Aezaz]

Every time we invest in Cryptocurrench everything has risks, we just need to avoid altcoins that do not have support from large companies such as Binance Labs or others. Beginners often make this mistake because they don't have experience that can be used as an important lesson so that mistakes like that don't happen again.

Cryptocurrency is a risky way of investment but it also depends on us that we are choosing less risky coins or higher risky coins and if we give time to exploration then this risk will turn into profit. Investment in every field is risky but there also exists some solutions and some strategies that will help us to make money from such a risky field.

Altcoins can also be profitable if we choose that altcoins about which we know everything and we know that it will not turn into a scam project. Risk is everywhere but we have to use our talent, skills and knowledge that will bring good results at the end so it is not a wise step to choose a random coin and leave the results on luck.

[Cryptsafe]

Every time we invest in Cryptocurrench everything has risks, we just need to avoid altcoins that do not have support from large companies such as Binance Labs or others. Beginners often make this mistake because they don't have experience that can be used as an important lesson so that mistakes like that don't happen again.

Cryptocurrency is a risky way of investment but it also depends on us that we are choosing less risky coins or higher risky coins and if we give time to exploration then this risk will turn into profit. Investment in every field is risky but there also exists some solutions and some strategies that will help us to make money from such a risky field.

Altcoins can also be profitable if we choose that altcoins about which we know everything and we know that it will not turn into a scam project. Risk is everywhere but we have to use our talent, skills and knowledge that will bring good results at the end so it is not a wise step to choose a random coin and leave the results on luck.

This is the reason why we are advised to do our own research before investing in a coin or token. Crypto investment is highly volatile and as such can be classified as a risky investment which we are told to use funds we can afford to lose.  If as a trader,  you have no knowledge of trading, no skills,no nothing experience, it is advisable you do learn how it works otherwise you are heading for a doom.

I believe one should have a proper knowledge of what ever business or investment they are opting in because they would guide them through the process of holding through in the business. Research is very much important when it comes having knowledge about something you deem worth it. Information is power and as such, it is advisable to always have knowledge about what business you want to invest in.

[pieppiep]

Every time we invest in Cryptocurrench everything has risks, we just need to avoid altcoins that do not have support from large companies such as Binance Labs or others. Beginners often make this mistake because they don't have experience that can be used as an important lesson so that mistakes like that don't happen again.

Cryptocurrency is a risky way of investment but it also depends on us that we are choosing less risky coins or higher risky coins and if we give time to exploration then this risk will turn into profit. Investment in every field is risky but there also exists some solutions and some strategies that will help us to make money from such a risky field.

Altcoins can also be profitable if we choose that altcoins about which we know everything and we know that it will not turn into a scam project. Risk is everywhere but we have to use our talent, skills and knowledge that will bring good results at the end so it is not a wise step to choose a random coin and leave the results on luck.

We really have to be brave enough to face existing risks to know the results. Without the courage to face existing risks, we will never have experience. With the experience we have had, it will be a very important lesson for us to make the right decisions for the future. Nothing can be achieved easily. Everything we want requires a process that must be diligent. In fact, no one can guarantee that we will always have good luck with what we do.

[MUGNIA]

As a newbie, always do your own research. However, if you’re a project supporter, pre-market can be a way to get into a project early and potentially sell off when it lists. Personally, I've recently participated in pre-market for IO and LISTA. Consider this option, but make sure you understand what you're doing.

Yeah.. Also, newbies are often imitators at the beginning. For example, I bought some Notcoin on this exchange pre-market before it started trading. And I was able to double my investment. If any newbie sees this, they might think pre-markets are always like this.

I also risked the same amount I spent on the Notcoin pre-market on this $Lista pre-market which I'm aware of the risks behind it.
Any newbie seeing me do this might think it's 100% profitable, which is not always the case.

This is what beginners always see, they see the profits without seeing how many losses they experienced before getting a successful project, sometimes the capital is not covered by the existing profits,

[Mr. Magkaisa]

I'm still a little new to this so just thought to ask here, how familiar are you folks with pre-market offers? I've seen a new token I'd like to buy but for now it's only available on pre-market basis.

From what I know so far, premarket facilitates peer-to-peer (P2P) trading between buyers and sellers, enabling them to acquire coins at optimal prices, secure liquidity in advance, and complete delivery at a mutually agreed upon time. It allows buyers and sellers can establish orders in advance to execute trades as desired and complete the trade at a later time. That part's explanatory, but I'm sceptical about these type of transactions. Any advice would be helpful pls.

        -  If I were you OP, here's my advice: there's no problem with me if you don't want to follow what I'm saying; it's better that you just turn your investment to other top altcoins in the market that have ready exchange listings where you can immediately trade the asset you are going to invest in. Rather than the new projects that are showing up in the crypto space.

Yes, they have the same risk involved, but the risk is higher when it's already in the pre-market, where you can only fomo or rug pull in the end. This is in agreement with my assessment.