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Author Topic: Newly listed tokens, Long or Short?  (Read 623 times)

Online LUCKMCFLY

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Re: Newly listed tokens, Long or Short?
« Reply #15 on: November 05, 2024, 08:41:45 PM »
It's better to avoid new coins because it's hard for you to know the one that will last long and bring profit. Most of them were created to scam investors who are greedy and believe they can hit it big with these shitcoins. We are in the bull season and that is why you see these new coins in the market because the season will favor them but after that, many of them will not fall and might not rise again.


It is very true, because the truth is that things that have to do with crypto there are always many who try to fish in troubled waters, as they do in my town, so in view of this, I don't know if you remember the times of the NFT Games, in which anyone did or created a smart contract and they already had a token or currency, so in this sense things went wrong for many investors, who invested and lost a lot of money, and that was something that was disastrous, technologies that do not have supervision or projects end up scamming people, and that is something very distrustful, I do not trust recently new projects with low capitalization and low rewards.

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Re: Newly listed tokens, Long or Short?
« Reply #15 on: November 05, 2024, 08:41:45 PM »

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Offline yhiaali3

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Re: Newly listed tokens, Long or Short?
« Reply #16 on: November 05, 2024, 09:39:30 PM »
You should be very careful with newly listed coins because they are very volatile and tend to drop shortly after listing because all the participants who got free airdrops will start selling immediately after listing to get the highest profit.

From my experience I advise you to sell immediately at the highest rise because it will most likely start to drop after that, but if you like adventure you can hold it for the long term as in rare cases it can rise many times.

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Re: Newly listed tokens, Long or Short?
« Reply #16 on: November 05, 2024, 09:39:30 PM »

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Re: Newly listed tokens, Long or Short?
« Reply #17 on: November 05, 2024, 09:52:39 PM »
You should be very careful with newly listed coins because they are very volatile and tend to drop shortly after listing because all the participants who got free airdrops will start selling immediately after listing to get the highest profit.

From my experience I advise you to sell immediately at the highest rise because it will most likely start to drop after that, but if you like adventure you can hold it for the long term as in rare cases it can rise many times.

If there is a chance that it's price will go higher because it's supported by big community and listed on binance for example, I think it's worth waiting the peak of the cycle.

Let's say the GRASS token that was listed and pumped already, I think I would wait for the bull run until it comes and will sell them on ATH.

 

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