With 8 years of experience in the crypto world, I've learned that 99.99% of newly listed coins on centralized exchanges, especially those with seed and launchpool tags, are simply exit liquidity. Some may briefly hit new all-time highs (ATH) over the course of days, weeks, or even months, but eventually, they get dumped to all-time lows (ATL) and the project fades away.
No matter how promising the project or how good your assessment of a coin is, things can go south quickly, as seen with coins like TERRA LUNA (LUNA), MANTRA (OM), and others. Most coins end up below their issue price, with only a handful remaining above it.
This is why it’s crucial to protect your assets and avoid putting all your funds into the crypto market, especially by holding altcoins. It's smarter to trade with scalping, set profit targets, and accept losses rather than holding on until your investment disappears.
Remember, protect your money and future—this crypto market can be ruthless.
A crypto trader who learned the hard way $HYPER
#BinancAlphaAlert #BinanceHODLerHYPER #Write2Earn #Write2Earn!
