#新币做空

TOWNS + PROVE, printed a little money and ran away

PROVE had an advantage on a small platform last night, combined with several accounts on Binance, it made over 100,000 in profit, but lost back over 1,000 in the morning operation on Binance!!!

Let me share the logic behind this: When a new coin is launched, there will be selling pressure, and you can only quickly capture the profits during the time when this selling pressure exists. If you miss this time, definitely don't enter again!!!

When eating a new coin, you can only take advantage of the selling pressure immediately after it goes live; afterward, it’s just the market makers performing. If you make a profit and then re-enter, greed will make you lose what you gained.

So, either you short on a legitimate small platform before it opens on Binance, or don’t short at all. If Binance first lists the spot and then the futures, that’s absolutely not a time to short, because it’s clear they let the spot sell first; that money is not meant for you to earn.

Moreover, there are very few small platforms that can be opened, so you can only open a few hundred, which is enough for some pocket money, but if you want more, you need multiple accounts.

There’s also a type of money where often after the opening, the price difference between small platforms and large platforms is significant; at this time, arbitrage hedging is also based on the maximum limits that can be opened on both platforms, capturing the price difference, and with a zero funding rate.

In summary, this strategy also carries risks, because if you’re not careful, it could easily explode due to some sudden surge.

I can only say this is one of the strategies with a higher win rate, for reference only.