#Before buying any new cryptocurrency immediately after its listing, or for those planning to buy STX, you should know the following:
Pros:
1. Opportunity for quick profits: Many cryptocurrencies witness a significant price increase within the first minutes or hours of listing due to high momentum.
2. High demand: The SXT project is backed by Chainlink and has been listed on Binance, indicating strong market confidence.
3. Media momentum and free distribution (Airdrop) may increase the currency's popularity and attract more investors.
Cons:
1. Severe price fluctuations: The price is often unstable at first and may rise sharply only to crash suddenly (known as "Pump and Dump").
2. Selling by Airdrop recipients: Many users may sell their free tokens immediately, putting downward pressure on the price.
3. Unclear direction after listing: The project may be strong, but the price does not always reflect that initially.
Advice:
If you are a short-term trader and experienced: You can enter with a small amount immediately after listing and exit quickly if the price rises.
If you are a long-term investor: It is better to wait 24–72 hours after listing for the market to stabilize and for true support levels to become clear.
