What is said about shorting new coins as a surefire strategy
In the cryptocurrency space, participating in new coin launches and taking advantage of airdrops is very common, but most new coins face the problem of airdrop selling pressure as soon as they go live. Due to the lack of sufficient capital in the market to support the market value of these new coins, their prices are often overvalued. New coins like $TREE , $SPK , and $ZORA lack institutional investment and have weak fundamentals, which destined them for short-term decline.
Secondly, private placements and early investors will quickly cash out after the new coin is launched, leading to a significant drop in coin prices. This 'cashing-out effect' often triggers panic in the market, causing investors to rush to sell, resulting in a rapid price decline.
Looking back at past situations, many project parties choose to withdraw after driving up the price in the short term, resulting in a sharp drop in coin prices. Based on this, decisively shorting these altcoins that have already shown a downward trend has yielded a profit of over 400%.
For upcoming new coin opportunities, I will share them with fans at the first opportunity; those interested can follow at any time.
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