Just finished writing, please read patiently. Dealer's Mindset
You can switch from the perspective of a 'trader' to that of a 'harvester' and review the new coins recently listed on BN: INIT, HYPER, WCT, BABY, etc. If you were a 'dealer's trader' aiming to maximize profits, how would you operate at that moment?
If I were the dealer, I would have a few basic judgments:
1. The moment BN announces the spot is when liquidity is the most abundant; you must sell at that time or you won't have another chance later. Generally, the larger the market cap, the more unlocked, so you must find a way to sell quickly.
2. Currently, the market isn't very good, and buying liquidity is definitely lacking, making it easier to drive up prices while distributing chips for sale. Therefore, you can see that new coins listed will rise 1-2 times regardless of their market cap, and there's another layer where BN requires a price increase.
3. The 'stronger' the expectation for an altcoin, the worse the incremental liquidity when it goes live; conversely, the less expected, the better the incremental liquidity when it goes live. For example, when WCT was proposed on the 15th, most people were not optimistic, and no one could have thought it would go on the UP exchange, yet it performed even better afterwards.
4. High positions cannot sustain the market, while low positions still have some opportunities, which is somewhat similar to the above.
You will find that in this game, the answer is always 'pouring in'; the stronger the 'expectation' on BN's spot, the faster it needs to be poured because if the 'dealer' doesn't run, others who are ambushed must run as well.
The dealer's initiative in pulling up from low positions will be much stronger because the value of the BN shell provides some degree of price support.
When trading on the secondary market, you must adopt a 'counterparty' mentality. Don't fantasize about how BN will perform; instead, imagine yourself as the least strategic dealer and ask yourself how to maximize profits in this situation. Usually, the answer you come up with is the final result.