The Secrets of Coins That Suddenly Rise!
Have you noticed in Binance's daily posts that some coins skyrocket during certain hours?
Is this luck? Or is there a secret behind it?
Here’s the first secret that professionals learn: Liquidity and Volume
When you see a coin suddenly appear in the
Top Gainers or Top Volume lists,
it means that there is a lot of "money" flowing into it.
But the question is:
Is this money from investors? Or from speculators?
This is where your role as a beginner comes in: don’t jump in before you know:
1. Did the trading volume suddenly increase?
This indicates an abnormal movement, watch closely and don’t rush.
2. Have there been any news or partnerships about this coin?
Binance sometimes lists a new coin or publishes an important update about it.
3. Did the coin rise for no reason?
Be cautious, it could be a pump and dump scheme.
Today's advice:
Follow the list of the most traded coins daily, and note the names of the coins that keep appearing.
Coins that the market frequently mentions are worth studying.
Tomorrow: We will learn how to distinguish between real rises and false rises.
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