⛔️STOP Buying every New Coin listed on Binance 🪙 - PART 1 - 💸
Now that I''ve got your attention
Since November I start researching new listed coins & bought the following new listed coins:
🌖To the Moon for the moment
Due to Story, Community, Industry, Market Sentiment
$PNUT PNUT Great Story/Meme, Endorsements, Strong Community
$ACT ACT AI Industry, Future, Community
🚀Premarket Coin, going great so far due to Industry, Stable Coin, Community
$USUAL Good on Paper, Community, not even listed and showing promising signs 🚀 even on days 85% of the coins are down. It's Future uncertain. Short term it seems it will get a strong boost at the listing
Let me tell you what I've learned from this coins
I've bought them because I knew them and they were skyrocketing as I opened the app
BUT HERES THE Catch⚾️
Some Coins opened at certain prices, and when the Binance app calculates the percentage in green 💹 , it shows the variation from a few cents till the current price.
Example: Opens at $1.00 at the second the coin is listed with a 1000%, and its current price is at $1.50 how come?
The increase was 50% not 1000%. So the coin took in consideration that rise since a few cents maybe 0.01 or else.
💡TIPS AND ADVICE: 💡
🔬Research the COIN beforehand, see its value, community, whitepaper.
🔎LOOK EVERYWHERE if the coin is already listed, sometimes it can be listed 1 hour before or one day before on some OFFICIAL exchanges. CHECK OFFICIAL COIN SITES
Sometimes it can be a great advantage, sometimes coin gets dumped to the bottom
‼️BEWARE OF SCAM COINS: Some coins are listed by the same name or in another network, but they are a copy or a fake one. Beware because on official sites there are people posting links to click or conmect wallets or contract addresess or say that thet help you, dont interact with those links, sites and don't talk with them!!
Always check the URL of the site of a coin, and check if its the official site and see where it can be bought or swapped.
