Pull and run? You need to see through the tricks of these types of coins! 🔥👇
Recently, the main characters on the rising list are basically the newly listed coins on Binance! 💸
The recent hot topics in the crypto world have almost all been dominated by newly listed coins. Whenever a new coin is released on Binance, it often experiences a surge of dozens of points, and there are quite a few that even double in value. It seems like there are plenty of opportunities, but in reality, there are huge risks hidden behind 🤯
The surges of these newly listed coins are mostly short-term concentrated explosions, mainly in one wave, and it is very difficult to see a situation like SPK where there is a sustained slow increase. Many times, the rise is just to unload, as the big players take advantage of the situation to dump their chips on you, and then exit at a high point.
If you manage to get into these types of coins, remember: cash in is safety!
If you're lucky and really get into this wave of surging coins, don't get too greedy, and definitely take profits in batches; preserving profits is the most important thing. After all, the market for these types of coins is like fireworks: they explode quickly and also extinguish quickly.
💥 Summary: High increase = High risk; newly listed coins can be played, but you need to understand how to control the pace!
Investment has risks, and you need to be cautious when entering the market. In the crypto world, it’s not about how smart you are to make money, but whether you can preserve your capital. Don’t let a sudden surge cloud your judgment; taking profits in batches is the safest strategy!
