Are pre-markets worth it?

[Gurujebs]

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

Most of the time, Pre market is a complete scam and fraud. Tell me how do you list a coin that is yet to finalize their listing and you know nothing about the maximum supply and the coins that is going to be in the circulating supply. Let's say you know about the maximum supply, the circulating supply is going to be a huge issue because you don't know anything, it's more like gambling.

There are some couple of coins that were listed on centralized exchanges that has done well but majority are bad. In a premarket, even the team behavior and the things they tweet affect the price, that's exactly what Node pay is doing right now on the market place.

[albon]

There are some couple of coins that were listed on centralized exchanges that has done well but majority are bad. In a premarket, even the team behavior and the things they tweet affect the price, that's exactly what Node pay is doing right now on the market place.

It is essential that investors are aware of the risks associated with pre-market trading, as price fluctuations may be exaggerated during this time. Algorithmic trading strategies programmed to react to specific market conditions can increase price movements in the pre-market session, thereby increasing volatility. Because of this you may not get the opportunity to sell at the price you would have bought during the pre market. I have seen a lot of coins pre market price coming from telegram bot with not a single coin breaking the high price.

[Crypto Library]

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.

Even I saw some trader are having good success on the pre-market trading but in my opinion most of the time and of te trader who were entering in a pre-trading they were putting their fund in more risks.
And besides, if we look at the current situation, almost every coin that was first listed in the pre-market and later listed in spot trading is still unsuccessful and most of them have gone to such a position that it is almost impossible to recover. So, keeping these things in mind, I never prefer pre-market trading.

[taufik123]

Now buying in the pre-market will not guarantee whether you can profit or not, due to the bad state of the crypto market.
Usually, new project creators will not pre-market when the market is bearish as it is today because the percentage of failure or not reaching the Hardcap will be greater.

Investors will also see how good the project is and what benefits it can get, and there will usually be discounts when buying pre-market.
However for now looking at a bad market, the pre-market will not be worth it, unless they do a pre-sale on top exchanges like Binance etc.

[salad daging]

Now buying in the pre-market will not guarantee whether you can profit or not, due to the bad state of the crypto market.
Usually, new project creators will not pre-market when the market is bearish as it is today because the percentage of failure or not reaching the Hardcap will be greater.

Investors will also see how good the project is and what benefits it can get, and there will usually be discounts when buying pre-market.
However for now looking at a bad market, the pre-market will not be worth it, unless they do a pre-sale on top exchanges like Binance etc.

Never buying tokens in the pre-market is it really profitable? Because until now no one has shown off about the profit in the premarket.

I don't know what the mechanism of this pre-market destination project is as there are no surprises after the official listing.
Sometimes from the pre-market and the price after listing more do not match.

[taufik123]

-snip-
I don't know what the mechanism of this pre-market destination project is as there are no surprises after the official listing.
Sometimes from the pre-market and the price after listing more do not match.

Looking at the pre-market in the past when the crypto market was bullish, many projects held pre-markets and were quite successful with recording their prices over the pre-market price and even making a lot of profits.

But when the market is unstable like it is now, the price of bitcoin tends to dump, then the market is not good for all projects, especially new projects that hold pre-markets. The listing price will be below the pre-market price and a lot of losses will occur, so it is better to stop following the pre-market when the market is not good.

[salad daging]

-snip-
I don't know what the mechanism of this pre-market destination project is as there are no surprises after the official listing.
Sometimes from the pre-market and the price after listing more do not match.

Looking at the pre-market in the past when the crypto market was bullish, many projects held pre-markets and were quite successful with recording their prices over the pre-market price and even making a lot of profits.

But when the market is unstable like it is now, the price of bitcoin tends to dump, then the market is not good for all projects, especially new projects that hold pre-markets. The listing price will be below the pre-market price and a lot of losses will occur, so it is better to stop following the pre-market when the market is not good.

Yeah the influence of the market crash made the pre-market no longer profitable... I noticed some other premarket tokens after listing were priced below the premarket and many disappointed people complained on telegram channels about this.

I won't follow the premarket because it's not worth it for me let alone the down market situation.

[taufik123]

-snip-
I won't follow the premarket because it's not worth it for me let alone the down market situation.

It is not recommended to follow the current pre-market because the crypto market is not good, this is also a warning for crypto projects that will launch their crypto, whether to launch at a time when the market is bearish and unclear as it is now, or they are sure to continue to list but of course with extraordinary marketing.

It's better to use your money to invest in the coins that you think are good because now get huge discounts on purchases so as to get more coins.

[JISAN]

-snip-
I won't follow the premarket because it's not worth it for me let alone the down market situation.

It is not recommended to follow the current pre-market because the crypto market is not good, this is also a warning for crypto projects that will launch their crypto, whether to launch at a time when the market is bearish and unclear as it is now, or they are sure to continue to list but of course with extraordinary marketing.

It's better to use your money to invest in the coins that you think are good because now get huge discounts on purchases so as to get more coins.

Initially, a good profit could be made from the pre market.  But at present it is not possible to do this because the market condition is not good. The current market is very volatile so the possibility of profiting from buying any coin from the free market is very reduced. So the pre-market is much more risky now. Premarket coins are released within four hours of token listing and during that time the coin price drops a lot so those who buy from the premarket, suffer more later. Sellers can be somewhat profitable but this also requires a lot of analysis and then entry.

[taufik123]

Initially, a good profit could be made from the pre market.  But at present it is not possible to do this because the market condition is not good. The current market is very volatile so the possibility of profiting from buying any coin from the free market is very reduced. So the pre-market is much more risky now. Premarket coins are released within four hours of token listing and during that time the coin price drops a lot so those who buy from the premarket, suffer more later. Sellers can be somewhat profitable but this also requires a lot of analysis and then entry.

Some may not be able to do it due to bad market conditions, but if you find the right platform like Binance Launchpad which is quite popular, it will be a successful project and get the best price when listing, at least 10x-20x the pre-sale made previously.

But to be able to follow it, you must hold or stake on the Exchange coin such as Binance and there will be an allocation determined by how many coins are staked.

[Gurujebs]

Some may not be able to do it due to bad market conditions, but if you find the right platform like Binance Launchpad which is quite popular, it will be a successful project and get the best price when listing, at least 10x-20x the pre-sale made previously.

But to be able to follow it, you must hold or stake on the Exchange coin such as Binance and there will be an allocation determined by how many coins are staked.

Binance launchpad is now over saturated, too much whale wanting a bigger allocation so they can go ahead and dump it in the market like it's nothing. That's what is happening in Binance right now and small investors, retail investors that are struggling to get some dollars wouldn't make anything from it, they don't have any benefits the whales makes.

There is this Binance farming that is trending now, the only coin I saw people made money from farming with BNB was notcoin. After that, whales took over the market and now dominated everything. Even if you stake $2k bnb to farm any project you might not make upto $100 at the end, they are longer whort the time.

[Alone055]

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

It depends on different projects. In some projects, you might get a better price in pre-market trading, so if you buy in the pre-market, you might manage to get some profit when the token gets listed for spot trading, but that doesn't work all the time. I've seen projects having a higher price during the pre-market while having their price dumped after getting listed officially.

I wouldn't recommend people who aren't ready to take a lot of risks to trade tokens or coins listed in pre-market because it is a bit risky. Those who think they are ready to risk some money with the hope that they might get good profit should do it, but if you aren't ready to lose money, do spot trading, that's better.

[Stuart]

Pre market is good and worth taking part in, mostly when it is worth it at the end of the pre market period. Pre market gives a friendly price, which is cheaper than when the project gets listed in exchange and gives profits to those who participated in the early stage of it. Most times, this serves a room for the early birds to acquiring the coins at it's early stage for projects that gets successful at the end, yields good profit for all.

The only challenge faced with pre market is if the projects gets too much hype, it ends up with a dump by those who only participated on pre market to secure the profits obtainable at the moment, and when there is a dump, if the project is not well backed, it faces struggle. Most times, the coins gets locked up, so that the investors can get some profits, before any other who participated in Pre market can get out theirs.