#Binance
Hello my fellow traders
This is the worst scene in spot trading, which is when listing a new currency, this currency reaches a historical peak and declines quickly. Unfortunately, some trading beginners enter with the first second of listing the currency in the hope of buying it from the bottom and achieving an imaginary gain, but what happens is that he finds himself buying from the highest point. Advice to everyone. My friends, do not enter into a new currency at the beginning of listing, and if the total rise in the currency is more than 200% after the first rebound, do not buy, wait a day or two, and if the rise is contagious 200% after the first rebound, such as 1000%, do not buy until after two weeks, remember my currency trading friend. The new ones, like the Fortune Fund, are not known for their technical analysis. There may be a fundamental analysis, but the most important thing is the technical and how the governor deals with this currency. Unfortunately, I see many traders losing in this currency. May God compensate them.
Good luck to us, heroes, God willing