ananyabushra (OP)
Jr. Member
Offline
Activity: 64
Merit: 1
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 28, 2023, 04:59:11 PM |
|
Savvy traders are always one step ahead of the game. This became apparent to me when the Arkham project was launched and numerous individuals received a five-figure USD airdrop. Arkham was listed on several exchanges, including Binance, as part of the Binance Launchpad project. Many anticipated a soaring price after being listed on Binance and opted to hold off on selling.
However, an hour prior to its Binance listing, Arkham was already available on Bitget. Rather than selling, many chose to purchase in hopes of a price surge following the Binance listing. But when it finally occurred, they were unable to fully capitalise on the price increase. A selling frenzy ensued, and unlike on Bitget, the price never reached $1 on Binance. As a result, those who had sold earlier on Bitget reaped greater profits
|
|
|
|
palle11
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 28, 2023, 05:03:51 PM |
|
Some of the launch pads in binance have not continued their bull hype from when they were bought but that doesn't mean they won't. I believe the bull is still arriving somewhere in the future with bitcoin halving.
People invest for different purposes so those who sold might be aiming to cash out on short time, some more projects will rise with bitcoin.
|
|
|
|
ananyabushra (OP)
Jr. Member
Offline
Activity: 64
Merit: 1
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 28, 2023, 05:08:59 PM |
|
Some of the launch pads in binance have not continued their bull hype from when they were bought but that doesn't mean they won't. I believe the bull is still arriving somewhere in the future with bitcoin halving.
People invest for different purposes so those who sold might be aiming to cash out on short time, some more projects will rise with bitcoin.
Yeah, I agree mate. I didn't say they haven't/won't do well. I just mentioned that taking advantage of market conditions can be a smart way to trade, and those who analyzed the situation and sold early on those exchanges were pretty fortunate
|
|
|
|
tjtonmoy
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 28, 2023, 05:25:58 PM |
|
Some of the launch pads in binance have not continued their bull hype from when they were bought but that doesn't mean they won't. I believe the bull is still arriving somewhere in the future with bitcoin halving.
People invest for different purposes so those who sold might be aiming to cash out on short time, some more projects will rise with bitcoin.
I think this is the reason why we should stick to Bitcoin. All the other altcoins are just not that good for long-term investment plans. People are still making profits out of it no doubt. But one's profit is another's loss, right? That's how the whole market works. But if you wait long enough and which you invest in is capable of providing the return that you expect. The short time price impact like this won't matter that much. Nowadays, new altcoins are not what it was back in the day. All we see now are scams or not worthy. They are either a part of a pump-and-dump scheme or their promises are all fake and unable to provide what they have promised. It is so hard to find a legit one these days. That's why people always choose altcoins for short-term gain. Follow the trend, buy low, and sell as soon as it reaches its peak. Because once it reaches that level, people will sell and it is unlikely to reach that level again. I left altcoins investment many years ago. Now all I focus on is Bitcoin.
|
|
|
|
Bushdark
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 994
Merit: 262
Social media moderator/chatter
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 28, 2023, 05:40:01 PM |
|
This is what it means that investing in cryptocurrency is very risky. You might decide to hold a particular project hoping that the price in increase drastically because of the promises of the team and listing, you might be surprised that the project would go as high as we thought. This happens regularly that is why we shouldn't keep all our eggs in one basket.
Anything can happen in the market and all we have to do is to accept whether wins or loses. Binance is just an exchange and is not different from other exchanges we have in the cryptocurrency market so we should expect any result that comes when we decide to wait for the listing on the exchange. Since the sanction or Sec on Binance, there had been a minimal urge when it comes to investment on the platform because of previous fuds.
|
|
|
|
ananyabushra (OP)
Jr. Member
Offline
Activity: 64
Merit: 1
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 28, 2023, 05:58:47 PM |
|
This is what it means that investing in cryptocurrency is very risky. You might decide to hold a particular project hoping that the price in increase drastically because of the promises of the team and listing, you might be surprised that the project would go as high as we thought. This happens regularly that is why we shouldn't keep all our eggs in one basket.
Anything can happen in the market and all we have to do is to accept whether wins or loses. Binance is just an exchange and is not different from other exchanges we have in the cryptocurrency market so we should expect any result that comes when we decide to wait for the listing on the exchange. Since the sanction or Sec on Binance, there had been a minimal urge when it comes to investment on the platform because of previous fuds.
Yep, absolutely right! I'm on the same page. We need to do thorough research, grasp the market, and invest wisely. We shouldn't think of Binance listing as a guarantee for profits all the time. Some projects may do well there, while others may not. We should analyze each project carefully and then make our investments accordingly.
|
|
|
|
EarnOnVictor
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 28, 2023, 06:08:36 PM |
|
What you narrated often happens and I quite understand what you are saying. But this doesn't look like a trading strategy to me, you are only trying to outsmart a new project based on luck and smartness. Have you ever thought of the projects that were listed but didn't move significantly before they started falling?
Such a project is common, which is why I advise you to be very careful with this approach. It might work or not work, it's a 50/50 chance.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
ananyabushra (OP)
Jr. Member
Offline
Activity: 64
Merit: 1
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 28, 2023, 06:24:02 PM |
|
What you narrated often happens and I quite understand what you are saying. But this doesn't look like a trading strategy to me, you are only trying to outsmart a new project based on luck and smartness. Have you ever thought of the projects that were listed but didn't move significantly before they started falling?
Such a project is common, which is why I advise you to be very careful with this approach. It might work or not work, it's a 50/50 chance.
That's precisely why conducting thorough research is absolutely crucial. Since it was a Binance Launchpad project, the launchpad investors were expected to receive it once listed on Binance, and many of them were likely to sell it. Consequently, the exchanges that listed it early were more likely to experience substantial gains, which indeed came to pass
|
|
|
|
Silberman
Legendary
Offline
Activity: 2618
Merit: 1360
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 28, 2023, 08:13:58 PM |
|
Savvy traders are always one step ahead of the game. This became apparent to me when the Arkham project was launched and numerous individuals received a five-figure USD airdrop. Arkham was listed on several exchanges, including Binance, as part of the Binance Launchpad project. Many anticipated a soaring price after being listed on Binance and opted to hold off on selling.
However, an hour prior to its Binance listing, Arkham was already available on Bitget. Rather than selling, many chose to purchase in hopes of a price surge following the Binance listing. But when it finally occurred, they were unable to fully capitalise on the price increase. A selling frenzy ensued, and unlike on Bitget, the price never reached $1 on Binance. As a result, those who had sold earlier on Bitget reaped greater profits
Traders need to be adaptable on their way of thinking, as traders we have expectations about what the market is about to do and sometimes we are right about them, however when we are wrong we need to be able to adjust our expectations immediately, as the spike this coin experimented was very short-lived and since then the price has dropped even further, and who knows if it will ever match the expectations it created around itself, and someone which failed to adjust their expectations will hold their coins for too long and incur heavier losses than if they just sold their coins immediately.
|
|
|
|
Stedsm
Legendary
Offline
Activity: 3052
Merit: 1273
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 28, 2023, 08:30:37 PM |
|
This is why we say that when a project gets listed simultaneously on 2 different exchanges on the same day (be it the same time or different), it doesn't matter whether the exchange is big or small. The thing is, when the liquidity is less then buyers are sure to bring up the price at such exchange but where liquidity is very high and people start selling too much immediately after getting their coins, then it never reaches to the level where the low liquidity exchange buyers brought.
|
| .SHUFFLE.COM.. | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ | . ...Next Generation Crypto Casino... |
|
|
|
_act_
Legendary
Offline
Activity: 994
Merit: 1267
Lightning network is good with small amount of BTC
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 29, 2023, 06:50:46 AM |
|
However, an hour prior to its Binance listing, Arkham was already available on Bitget. Rather than selling, many chose to purchase in hopes of a price surge following the Binance listing. But when it finally occurred, they were unable to fully capitalise on the price increase. A selling frenzy ensued, and unlike on Bitget, the price never reached $1 on Binance. As a result, those who had sold earlier on Bitget reaped greater profits
A coin that has just been listed and continued to be listed on different exchanges can be risky. This is not the first time I have seen this, especially after a coin has been listed on several exchanges and then later got listed on Binance, you will see price drop. But I am surprised that I saw Arkram on Binance launchpad (which means it is an IEO on Binance) but it was first listed on Bitget.
|
|
|
|
SquirrelJulietGarden
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 29, 2023, 07:47:27 AM |
|
As a result, those who had sold earlier on Bitget reaped greater profits
It's better for them to take profit and cash out profit into their pockets. It is more risky if they wait for higher prices and many times they will miss chance to take profit. Nothing is bad when you take profit and exit. It's only bad if you are too greed and wait for higher highs, higher highs and miss all of them, eventually exit with a draw or very minor profit or worse with loss. Trading with new listed coins is very risky and I don't recommend newbies to touch those newborn and recently listed coins. If you bought them from seed rounds, received from airdrops, let's only wait for good price to take profit. Don't use your own capital to buy those tokens if it has been listed for about 6 to 9 months.
|
| | | | | | | ███▄▀██▄▄ ░░▄████▄▀████ ▄▄▄ ░░████▄▄▄▄░░█▀▀ ███ ██████▄▄▀█▌ ░▄░░███▀████ ░▐█░░███░██▄▄ ░░▄▀░████▄▄▄▀█ ░█░▄███▀████ ▐█ ▀▄▄███▀▄██▄ ░░▄██▌░░██▀ ░▐█▀████ ▀██ ░░█▌██████ ▀▀██▄ ░░▀███ | | ▄▄██▀▄███ ▄▄▄████▀▄████▄░░ ▀▀█░░▄▄▄▄████░░ ▐█▀▄▄█████████ ████▀███░░▄░ ▄▄██░███░░█▌░ █▀▄▄▄████░▀▄░░ █▌████▀███▄░█░ ▄██▄▀███▄▄▀ ▀██░░▐██▄░░ ██▀████▀█▌░ ▄██▀▀██████▐█░░ ███▀░░ | | | | |
|
|
|
Chilwell
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 29, 2023, 08:54:38 AM |
|
What you narrated often happens and I quite understand what you are saying. But this doesn't look like a trading strategy to me, you are only trying to outsmart a new project based on luck and smartness. Have you ever thought of the projects that were listed but didn't move significantly before they started falling?
Such a project is common, which is why I advise you to be very careful with this approach. It might work or not work, it's a 50/50 chance.
In addition to what you said, using this strategy is incredibly risky because there isn't even a 50/50 probability. They might think along these lines when considering any new currency, which makes them vulnerable to scams because they think of trading as gambling, which is false.I will advise against playing this type of game because they can lose everything as a result. However, not all altcoin succeeds in every step.
|
|
|
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
| | | | | | .
| | | ▄▄████▄▄ ▀█▀▄▀▀▄▀█▀ ▄▄░░▄█░██░█▄░░▄▄ ▄▄█░▄▀█░▀█▄▄█▀░█▀▄░█▄▄ ▀▄█░███▄█▄▄█▄███░█▄▀ ▀▀█░░░▄▄▄▄░░░█▀▀ █░░██████░░█ █░░░░▀▀░░░░█ █▀▄▀▄▀▄▀▄▀▄█ ▄░█████▀▀█████░▄ ▄███████░██░███████▄ ▀▀██████▄▄██████▀▀ ▀▀████████▀▀ | . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀ ███▀▄▀█████████████████▀▄▀ █████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀ ███████▀▄▀██████░█▄▄▄▄▄▄▄▄ █████████▀▄▄░███▄▄▄▄▄▄░▄▀ ████████████░███████▀▄▀ ████████████░██▀▄▄▄▄▀ ████████████░▀▄▀ ████████████▄▀ ███████████▀ | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀▄▄███████▄▄▀███▄ ▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄ ▄██▀▄███░░░▀████░███▄▀██▄ ███░████░░░░░▀██░████░███ ███░████░█▄░░░░▀░████░███ ███░████░███▄░░░░████░███ ▀██▄▀███░█████▄░░███▀▄██▀ ▀██▄▀█▄▄▄██████▄██▀▄██▀ ▀███▄▀▀███████▀▀▄███▀ ▀████▄▄▄▄▄▄▄████▀ ▀▀███████▀▀ | | OFFICIAL PARTNERSHIP SOUTHAMPTON FC FAZE CLAN SSC NAPOLI |
|
|
|
Silberman
Legendary
Offline
Activity: 2618
Merit: 1360
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 01, 2023, 09:11:08 PM |
|
What you narrated often happens and I quite understand what you are saying. But this doesn't look like a trading strategy to me, you are only trying to outsmart a new project based on luck and smartness. Have you ever thought of the projects that were listed but didn't move significantly before they started falling?
Such a project is common, which is why I advise you to be very careful with this approach. It might work or not work, it's a 50/50 chance.
In addition to what you said, using this strategy is incredibly risky because there isn't even a 50/50 probability. They might think along these lines when considering any new currency, which makes them vulnerable to scams because they think of trading as gambling, which is false.I will advise against playing this type of game because they can lose everything as a result. However, not all altcoin succeeds in every step. One of the sad realities of this market is that in their attempt to outsmart others, traders end up outsmarting themselves, instead of taking the safest path, which is to invest in bitcoin and hold their coins, they think they can do better by investing in an altcoin no one has ever heard about and multiply their money many times over using this tactic, but we know the truth, only a minority of people are able to do this, while the rest suffer massive losses instead of getting the profits they envisioned.
|
|
|
|
Kaliandra
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 02, 2023, 05:20:16 AM |
|
indeed in the world of crypto trading we must have great strategy and intelligence because if the strategy is not good then we will fail to make a profit, and in my opinion speed in setting prices is a good strategy in trading and also should not be greedy when there is profit, but in this case we must continue to improve knowledge, strategies and others and must also learn from experience.
|
|
|
|
Tipstar
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1848
Merit: 298
Vave.com - Crypto Casino
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 02, 2023, 06:15:07 AM |
|
Savvy traders are always one step ahead of the game. This became apparent to me when the Arkham project was launched and numerous individuals received a five-figure USD airdrop. Arkham was listed on several exchanges, including Binance, as part of the Binance Launchpad project. Many anticipated a soaring price after being listed on Binance and opted to hold off on selling.
However, an hour prior to its Binance listing, Arkham was already available on Bitget. Rather than selling, many chose to purchase in hopes of a price surge following the Binance listing. But when it finally occurred, they were unable to fully capitalise on the price increase. A selling frenzy ensued, and unlike on Bitget, the price never reached $1 on Binance. As a result, those who had sold earlier on Bitget reaped greater profits
The news of listing of a new token on a popular exchange would already create a hype around it and if available, people would readily buy it in anticipation of higher profits. Which already increases the price by multiple folds, this way, the tokens becomes overbought and when the actual listing occurs, the price plummets. So, it's not a good strategy to buy an already increasing token and the general public always would be late to the party as internal people certainly leaks the info prior to listing to their group of people.
|
|
|
|
danherbias07
Legendary
Offline
Activity: 3234
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 02, 2023, 10:10:14 AM |
|
It is true. I had been on that position before when I saw a great chance to make profits by just selling the airdrop that I got from one ICO project. Because of the high demand they reached a value that I didn't expect. But my mistake because I got so greedy, I waited more and I though it could increase further. I was wrong, most whales sold their coins the instant it went up and I never had a chance to sell mine because I was in the province having trouble finding a good internet connection. Shit happens.
I don't know that this kind of situation still happens nowadays, I thought those types of tricky maneuvers only happened in the ICO days. Well, good for those who are always up to monitor the market.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
yazher
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 02, 2023, 10:49:40 AM |
|
That's just how their luck goes because the others choose to quickly sell their coins in order not to be late because sometimes being late will result in not getting any earnings at all because the price will most likely crash due to the overwhelming numbers of sellers from those people who get their rewards from airdrops. But it seems like the other way around since the price is even more higher in different exchanges which does not happen often in the past few years just after receiving the rewards from airdrops. I think most of the time they are just being safe but forgot to risk the opportunity which they learned the lesson after that incident.
|
|
|
|
Silberman
Legendary
Offline
Activity: 2618
Merit: 1360
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 04, 2023, 08:21:59 PM |
|
It is true. I had been on that position before when I saw a great chance to make profits by just selling the airdrop that I got from one ICO project. Because of the high demand they reached a value that I didn't expect. But my mistake because I got so greedy, I waited more and I though it could increase further. I was wrong, most whales sold their coins the instant it went up and I never had a chance to sell mine because I was in the province having trouble finding a good internet connection. Shit happens.
I don't know that this kind of situation still happens nowadays, I thought those types of tricky maneuvers only happened in the ICO days. Well, good for those who are always up to monitor the market.
It will keep happening because there is money to be made and when that is the case then a tactic like that never really dies, besides we must remember that a great deal of the whales got their coins for a very high discount, so while a coin may begin to trade at a price that represents a loss to you, the whales can still sell for a profit and this gives them a wider margin of error and the ability to perform some really advanced maneuvers to manipulate the market and maximize their profits.
|
|
|
|
cryptomaniac_xxx
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 04, 2023, 08:31:05 PM |
|
Some of the launch pads in binance have not continued their bull hype from when they were bought but that doesn't mean they won't. I believe the bull is still arriving somewhere in the future with bitcoin halving.
People invest for different purposes so those who sold might be aiming to cash out on short time, some more projects will rise with bitcoin.
Yeah, I agree mate. I didn't say they haven't/won't do well. I just mentioned that taking advantage of market conditions can be a smart way to trade, and those who analyzed the situation and sold early on those exchanges were pretty fortunate Definitely, smart investors always win in the end. But it's just a question on how we are going to take advantage of the situation. Maybe we have our strategy or something that you put here, but still not a recipe for a success, so it's a gamble and those who stay on bitget might have make the right decision, by selling early. So it's a very different game for each individual here, you could hold and lose money, but you can sell early and you are happy to make the right decision specially for smart investors. And it's also take noting that there could be an element of luck as well to be able to choose to sell early because there could be frenzy in Binance and hope that it will reach $1.
|
|
|
|
|