Don't mindlessly short new coins recently!#币安上线BERA
The reason not to short mindlessly is:
1. The Bera project party controls a lot of chips and gives retail investors little airdrop, making it easier for the project party to pump.
2. The recent performance of VC coins has been poor, and retail investors know that shorting can be profitable, so market makers/projects/exchanges will unite to blow up the shorts.
Those who short $Bera right away have no understanding of chip distribution and market sentiment.
If you buy spot right away without a solid reason, it's basically just a gamble based on luck.
I have no confidence and no information, so I can't engage in this asset.
I am not participating in Bera because I am unsure whether it will drop for a few days before rising or if it will rise immediately after launch. I have no confidence, so I cannot participate, but if you understand market sentiment and chip distribution, you would definitely not short.