Are pre-markets worth it?

[Crypto_Potato]

A lot fo projects have been having pre mrkets this days and people have been talking about the perks and good things of a pre market and how you get a better price before listing and blah blah blah. I've actually participated in 2 pre markets and I did get a slightly better price, but it's not like a price that's 2 or 3x more and it's not that much of a difference.

I've seen people talk about how they made profit selling for a better price before token lists and dumps too. Hamster, DOGS and even L3 the project that focuses on adding value to people's attention now has a pre-market. I want to know if we all have good experiences in a pre-market or if it's all bad

[libert19]

I have not traded on any pre-market listings, yet, but it certainly makes you feel relaxed that coin you have is already being traded and there is value to it.

Regarding better prices in pre-market, I can only talk about $ZK as I used to keep track of it, $ZK was trading on pre-markets at about $0.44, but when it got listed on exchanges, it's price is downhill since then, and about $0.1 right now.

So from this experience we could say that you do get better prices on pre-markets but of course can't judge performance of all coins based on this one single experience.

[ABCbits]

I have no problem with pre-market in general. But i feel pre-market for new coin/token mostly used to generate hype, with risk the price crashed once the new coin/token listed on exchange/general market.

[akeemqaz]

Pre-market is good way to make profit. Although, not all premarket. I was able to make 2x from Notcoin pre-market but that doesn't mean that I'm gonna be expecting same from others..

[Crypto Library]

I have never traded in the pre market till now, the trading of the pre market seems to me a lot like futures trading.  And I have never seen anyone around me who has become profitable by trading the pre market.  And for that I was never interested in premarket trading.
Even then I have more interest about pre trading how it is work and what type of analysis knowledge need for doing pre market trading. Anyone can share some important source which will be good for me to know about this premarket trading?

[Zed0X]

Worth it depends on who is betting on them. I think I put up around $200 on a new (about to launch) project during the hype of P2E games. It's good as gone now because I don't see any activity in their platform. The main problem is that I'm not too active in following their development and token releases.

[Asiska02]

I've seen people talk about how they made profit selling for a better price before token lists and dumps too. Hamster, DOGS and even L3 the project that focuses on adding value to people's attention now has a pre-market. I want to know if we all have good experiences in a pre-market or if it's all bad

Pre-market trading can be very risky to count on, you can never tell what the listing of a token will be until it becomes available to trade. It is very dangerous and risky to trade in the pre-market and I can’t even advise anyone to go for it. The pre-market I’ve followed have not been successful and with my little observation of them, it’s better to spot trading than even going for pre-market trading. Most of the telegram airdrops that have listed so far, their pre-market trading were not worth it, many of them that traded in the pre-market lost their investment with loses.

[JISAN]

Pre-market is good way to make profit. Although, not all premarket. I was able to make 2x from Notcoin pre-market but that doesn't mean that I'm gonna be expecting same from others..

As far as I know it is not possible to make more than two times profit from pre market. Because suppose I sold a coin in the free market for $1. If the price of Citi is more than $2 after the token is listed, I have to buy the coin at double price and release it or if I have the token then I have to release it. So why should I accept more than double the loss? In that case of course I will give up my collectoral. Then that token buyer will get my collectibles. Do I know anything wrong? That's how marketing works. or there are some other rules of the market?

[Findingnemo]

Pre-sale is a gamble, it can give a high return or bust the capital and my personal experience with these pre sale is a not great either, I did some back in 2018 and few of them got good start as well but I failed to utilize the market and then it was dumped hard from that I never interested in these pre sale investment but big players who made profits from those kinds can definitely take the risk and find whether it's getting them the fortune or not.

[LogitechMouse]

I've been part of some early markets, like $DOGS and $SPX. These projects look good, but it's smart to be careful with early markets.

Right now, I'm really interested in $GEMS, which is going to be on exchanges like BingX soon. It has a strong team and a good plan for the future. I think it could be a great chance for people who invest early.

Enough with those flowery words because they will not be successful anymore.
Tap-to-earn projects are done already. Look at Catizen, Hamster Kombat, even X Empire that has hyped before the launching. All 3 of them are not on the bottom, and most of the investors already sold their token.

Pre-markets aren't worth it at least for me. If you will try to trade on pre-market, make sure that you will not hold until it's official launch because based on the past tokens that went on pre-market, most of their token prices when they got launched are lower compared to it's pre-market price. I'm not saying that you will not make profit through pre-markets. It's just that, it's kind of gambling especially when you don't even know the official price of the token.

If you want to do it, be careful.

[bitterguy28]

Enough with those flowery words because they will not be successful anymore.
Tap-to-earn projects are done already. Look at Catizen, Hamster Kombat, even X Empire that has hyped before the launching. All 3 of them are not on the bottom, and most of the investors already sold their token.

they were definitely too hyped and i have seen those who opted to wait until after the launch some are still holding in hopes of reaching at least a decent price but i do not think it will happen any time soon anymore for these tokens the hype has died down and you no longer hear anything about them not even anything about development

Pre-markets aren't worth it at least for me. If you will try to trade on pre-market, make sure that you will not hold until it's official launch because based on the past tokens that went on pre-market, most of their token prices when they got launched are lower compared to it's pre-market price.

it is a bit known that you are most likely to make better profit with premarket trading because of less competitors which means this can allow you to better position yourself in the market and you can react first with news or any other updates

[Jating]

A lot fo projects have been having pre mrkets this days and people have been talking about the perks and good things of a pre market and how you get a better price before listing and blah blah blah. I've actually participated in 2 pre markets and I did get a slightly better price, but it's not like a price that's 2 or 3x more and it's not that much of a difference.

Unfortunately, that is the way they promoted their projects, it's all the hype that they can bring on them and see how people are going to react. If they FOMO then it's going to be good for them. And yes, you will get a better price pre-market, but it's not an assurance that you will get a good profit. Still depends on the project itself.

I've seen people talk about how they made profit selling for a better price before token lists and dumps too. Hamster, DOGS and even L3 the project that focuses on adding value to people's attention now has a pre-market. I want to know if we all have good experiences in a pre-market or if it's all bad

It's based on timing on when to sell, or if there are pump and dump grounds behind, then you can't stop the dumping of it. I haven't had experience though with pre-market, but as what you have describe, there are still a big risk in that kind of approach, so we should do our own research first on which project we want to invest early.

[vegasus]

It's like anything else, where there will be a + side and a - side. And the effects or impacts of both sides will depend on us, as the perpetrators, whether what we prepare and do will have a positive effect or a negative effect. That's why every time you want to enter and invest in crypto, you should really study well and diligently as a provision to choose which coins have potential in the pre-market and are likely to be listed and their prices will soar. Although there is no guarantee, if there are many connections, hy[e, and also have buzzers to increase the popularity of the project, then it will be much better. And because of that, if you want to take coins in the pre-market, be sure to choose those that have potential, and still do risk and financial management wisely, because this is like gambling.

[|MINER|]

A lot fo projects have been having pre mrkets this days and people have been talking about the perks and good things of a pre market and how you get a better price before listing and blah blah blah. I've actually participated in 2 pre markets and I did get a slightly better price, but it's not like a price that's 2 or 3x more and it's not that much of a difference.

I've seen people talk about how they made profit selling for a better price before token lists and dumps too. Hamster, DOGS and even L3 the project that focuses on adding value to people's attention now has a pre-market. I want to know if we all have good experiences in a pre-market or if it's all bad

I don't like trading in the pre-market because I have seen that most coins have high prices when they are in the pre-market, but when they are listed on the real market, their prices drop by 60 to 70% compared to the pre-market. In this case, many people suffer huge losses.
Moreover, scams like rugpools are mostly organized in the pre-market and there are no specific effective rules and regulations that are investor friendly. The main thing is that I would never tell anyone to trade in the pre-market.

[albon]

Pre market trading refers to the buying and selling of assets before regular trading hours begin. This could have significant implications for investors and traders alike in the cryptocurrency market. The fear of loss from this is high because after the start of trading it is seen that the price has decreased several times from the pre market price. Again prices can change rapidly and present both opportunities and risks for investors.
This can affect the price of a particular cryptocurrency by allowing pre market trading investors to adjust their positions before the market opens. I think it has more loss than profit but if the project doesn't have airdrop token then profit is more likely.