Recently, the number of coins on #Launchpool has been quite large, and it has basically opened high and gone low, which has caused dissatisfaction among many people.

To be honest, there is no need to scold #Binance中文

1. Currency listing transaction is actually a financing process, just like a company issuing stocks and going public. The higher the price, the more valuable the chips in the hands of the project party and the higher the market value. Market value management is not just about pulling up the market value. Everyone understands this truth.

2. At the same time, everyone should pay attention to one thing. Binance wants to give some positive feedback to $BNB holders and give some benefits to users who provide liquidity to Binance (deposit stablecoins in Binance), so #launchpool is a good one channel. How do these Binance supporters handle their chips after opening trading? What does this have to do with Binance? They are all free traders.

3. The early investors and partners of the project need arbitrage, and they will basically sell back their capital as soon as the transaction is opened. Capitalists are not philanthropists; stable profits are the way to survive.

4. In fact, when a new currency comes online, it is not a good time to buy in most cases, because the currency price fluctuates too much and is not stable. The lack of time test and lack of market data is particularly detrimental to traders. Be a rational trader.

I am not whitewashing Binance, but Binance did allow my stablecoin to achieve an annualized return of more than 60% (under the premise of participating in #launchpool #launchpool )