$SYS A wave of xan has spot. What is the most reasonable operation in the 24 hours after the announcement of the contract? (Tomorrow I will write about the contract of xan tokens without spot). Take super, ustc, ong, ntrn, ilv, steem as examples.
Utsc is put at the end.
ong, 11.27, 18.45 announced, 21:00 online, first fell and then pulled up after going online. The price was originally stable at 0.45, fell to 0.38 after going online, and then pulled up to 0.51u
The decline was 20%, and the increase was 30%.
super, 11.26, 16.45 announcement, online at 21:00, opened at around 0.45, and fell all the way to 0.31 and rebounded to 0.44. A drop of 30%, an increase of 30%.
ntrn, 11.14, 10.33 announcement, online at 20:00, after the launch, 0.41 has been pulled up to 0.55, and there is no way to intervene.
ilv, 11.10, 18.57 announcement, online at 00.30, 96 fell all the way to 86, rebounded to 97, and the rise and fall is probably more than 10%.
Look at the trends above, there are many interesting places
The others are roughly the same, I am too lazy to write, so many examples mean that it is best not to participate if you don’t buy the contract immediately after it goes online. Basically, there is a high probability of falling, because there must be a lot of smart money waiting for the announcement to ship. So except for the meme-like ustc that is too easy to be pulled up by fomo, basically, after the announcement is released, it will fall.
Almost no coin on the contract fell in the first few days before going online. They all pulled up for a few days. If you see a coin that has no contract but has been pulled up for a few days, it is very likely that it is a contract. It is all smart money that gets on board first to push up the price, and then opens a contract to ship, just like it was agreed.
Here comes the point
The purpose of writing this is to make more money. Since smart money will smash the market and run away after going online, the most correct operation after the contract opens is to wait for the drop and the insertion. Don't go in immediately. At least wait for the end of an 8-hour settlement cycle, and participate in a short-term wave when the price stabilizes or starts to rise in the opposite direction. This kind of income is relatively good.
From another perspective, from the perspective of 8-hour cycle settlement, take ustc as an example.
The contract was launched at 20:30 on November 27. Regardless of its trend in the first few hours before going online, we will settle the first eight-hour settlement cycle, that is, at 04:00 on November 28.
Why did it hit the lowest price at the end of the settlement cycle?
This is not an isolated case, but a common pattern. From the perspective of the banker, there must be a purpose.