Seeking Advice: Pros and Cons of Buying Tokens in Pre-Market

[Bournesparks]

Pre market token investment can be a really good thing. It's like interesting in a startup as a seed investor. So when the startup is listed in the market, you make 500 - 600% profit by selling your stakes.

But in crypto market the problem is that everything is unregulated. You will not know from where this token is being launched or who is the developer behind it or what is the road map. So in crypto market, the risk is way higher than anything else. Proceed with caution!

Crypto is a little bit complicated though but yeah pre market can be rewarding if done right.. for L3, I think with it's wide ecosystem expansion(over 500) there's a potential here. Listing on Bitget and I think other cex has been announced for 30th..what is the pre market price again?

[betswift]

I got involved in pre-sale projects before and got really excited about them. While not every project turns out to be a scam, but at the same time you can never be sure how they'll end up. It's kind of like gambling. Now, I don't trust pre-sales blindly. If you want to invest in pre-sales, it's better to know the pros and cons. Having a good checklist can help. For example, invest in projects with locked liquidity so they can't flood the market.

Yeah, analysis is key! The project should be credible and have potential in order for the investments to come home eventually, with profits included.

[btc78]

Is it generally wiser to wait for official exchange listings, or can pre-market purchases offer significant advantages?

Of course pre-market purchase allows you to be ahead of everyone meaning you’ve probably gotten the coin or token at a much cheaper price or maybe even for free if you got it from an airdrop

What additional risks should I be aware of when considering pre-market purchases?

You are kind of taking a gamble here in a sense. Of course it is all educated guess but at the end of the day you are still not 100% sure how it will end up. It can be a scam or even if it’s not, there’s no guarantee it will be a success and give you profits.

[markm]

Aha check out this recent post though about what VCs on sprees do in the pre-market "rounds" they play in!

-MarkM-

[ekotyo24]

Buying tokens at presale has the potential for significant profits, but also involves higher risks than buying after the token has been listed on an official exchange

[fikrett]

Buying tokens at presale has the potential for significant profits, but also involves higher risks than buying after the token has been listed on an official exchange

It just boils down to the belief you have for the project, but in general, it's risky, and should be done only with all the factors weighted and analysis done beforehand.

[lishilton]

I totally feel you on the excitement around new tokens and the potential they bring! CTF sounds intriguing, and I love how it's bringing a fresh perspective to the crypto space. I checked out ctf token how to buy, and their guide is super helpful if you’re thinking about jumping in. I remember when I first got into crypto, and the rush of finding that next big thing was unreal!

[dunfida]

Buying tokens at presale has the potential for significant profits, but also involves higher risks than buying after the token has been listed on an official exchange

It just boils down to the belief you have for the project, but in general, it's risky, and should be done only with all the factors weighted and analysis done beforehand.

Totally depends into your risks appetite on which there would really be those individuals who would really be having that kind of consideration on buying up those tokens/coins on pre-market
specially on whales market or now that exchangers having those pre-market thing on which you will really be having those kind of assumptions on whats the listing price might look like.
There are really those who do able to get up that huge profit due to low price value that they have been able to buy on but there are ones who do end up on having that loses
on the moment that the listing price was way below with that pre-market price.

It will really be that a hit or miss kind of stuff but most of the time pre-market prices isnt really that too far-off if we do speak about listing price once those project do hit up on exchangers.
This is why there would really be those investors who would really be that a fan of buying out on these early phases but of course it wont really be that a guarantee that
you could be able to make profits or the right decision. There's always that accompanied risks when it comes into this manner.

[CK485]

Totally depends into your risks appetite on which there would really be those individuals who would really be having that kind of consideration on buying up those tokens/coins on pre-market
specially on whales market or now that exchangers having those pre-market thing on which you will really be having those kind of assumptions on whats the listing price might look like.
There are really those who do able to get up that huge profit due to low price value that they have been able to buy on but there are ones who do end up on having that loses
on the moment that the listing price was way below with that pre-market price.

It will really be that a hit or miss kind of stuff but most of the time pre-market prices isnt really that too far-off if we do speak about listing price once those project do hit up on exchangers.
This is why there would really be those investors who would really be that a fan of buying out on these early phases but of course it wont really be that a guarantee that
you could be able to make profits or the right decision. There's always that accompanied risks when it comes into this manner.

a pre-market term, yes of course we have to know the information we need as soon as possible, so there is always an opportunity to see pre-market developments and that is the right idea, where investors can determine which coins are worth buying and a must to reach the desired.

[coin-investor]

I value the collective knowledge here on Bitcoin Talk, and I'm eager to hear your honest opinions. Your insights could really help me (and perhaps others) make a more informed decision.
Thanks in advance for your input!

I will make it short and sweet for you, only two things: the pro is if the token has a usecase, and the con is if the token has no usecase.
Everything depends on usecase and what it can contribute to the community, so if you're thinking of buying a token in its presale, your only assignment is to check for usecase; if it has a usecase then that's favorable for you, and if you did not check the usecase, then you will suffer the consequences of losing your investment, and that's the con.

[justdimin]

I value the collective knowledge here on Bitcoin Talk, and I'm eager to hear your honest opinions. Your insights could really help me (and perhaps others) make a more informed decision.
Thanks in advance for your input!

I will make it short and sweet for you, only two things: the pro is if the token has a usecase, and the con is if the token has no usecase.
Everything depends on usecase and what it can contribute to the community, so if you're thinking of buying a token in its presale, your only assignment is to check for usecase; if it has a usecase then that's favorable for you, and if you did not check the usecase, then you will suffer the consequences of losing your investment, and that's the con.

This is such a great way to look for a good projects. I mean there are so many coins which has a "use case" that is useless as well, do not get involved with those as well. I have seen plenty of projects with "if you buy X amount of NFT from us, then you are going to be getting airdrops from our token in the future" as well, why would I want your useless token and why would I get your NFT just to get your useless token.

So, if something doesn't have a use case then it doesn't have a use case, and if it does have a use case then you need to make sure that it has a good use case that you find appealing as well. In that case you can consider investing into it, but still should look into whitepaper and roadmap before you invest.