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#سر The cryptocurrencies that suddenly rise!
Have you noticed in Binance's daily posts that some cryptocurrencies go up crazily during certain hours?
Is this luck? Or are there secrets behind it?
Here’s the first secret that professionals learn: liquidity and volume.
When you see a cryptocurrency suddenly appearing in the
Top Gainers or Top Volume list,
this means that there is "a lot of money" coming in.
But the question is:
Is this money from investors? Or speculators?
Here’s where you, as a beginner, should not enter before you know:
1. Did the trading volume suddenly increase?
This indicates an abnormal movement, watch out and don’t rush.
2. Did news or partnerships about this cryptocurrency appear?
Binance sometimes lists a new cryptocurrency or publishes an important update about it.
3. Did the cryptocurrency rise without a reason?
Be cautious, it could be a pump and dump scheme.
Today's advice:
Follow the most traded list daily and note the names of the cryptocurrencies that frequently appear.
The cryptocurrencies that the market keeps mentioning are worth studying.
Tomorrow: We will learn how to distinguish between real rises and fake rises.
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