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Author Topic: BLUM  (Read 212 times)
Wonder Work
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September 09, 2024, 09:29:56 PM
 #21

Pre market price is not realistic, it’s depend on project hype. And i think pre market price is always pretty higher than official listing price, if you will check previous pre market coins history as lile DOGS pre market price was 0.002$+ but initial listing price was 0.0012$ when i have seen. So buying token from pre market it’s too much risky.
The market price of Dogs was 0.002$+, and you saw the initial market price of 0.0012$. The market price you saw is regular because the pre-market and primary market market values are not the same. The initial market price is expected to be higher than the pre-market market price and even lower than the pre-market price. It depends on the value of that token. Those who buy in the pre-market do so entirely at their own risk, but with the hopeful prospect of potential gains. They come here with the mindset that they might profit or incur some loss. People who come to the pre-market know that it is very risky, and they accept this risk. Nothing good comes of not taking risks.

fullhdpixel
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September 10, 2024, 05:55:58 AM
 #22

I'm not taking the premarket seriously; its actually a trap and you will eventually lose, Take the case of Dogs, Lbank did a premarket trading on Dogs, and their price is 10 times higher than its actual price when traded in the real market.

But this is something that will entice those participants to work hard to get more of Blums because what if the actual price is something closer than the premarket is trading?

It is something that will motivate you, but the supply and the usability of the platform is what make it sustain its price in the market, and I always expect the first weeks or months of listing as dumping time for weak hands who just claimed for free money and don't care about the project.

So I expect Blums to have selling pressure just like what happened to Dogs.
I never trade tokens and coins in the pre-market for the same reason, the price can have a lot of differences and that can be dangerous, whether you are buying or selling. What if you place a sell order for $0.01 at the pre-market and when you receive the drop and the listing happens the price happens to be $0.03 or more? You will be at a loss in that case. This is why I always wait for the official listing before I do anything with such tokens and coins.

For $DOGS, there weren't a lot of differences between the price in the pre-market and the listing price, however, there were slight ups and downs and I believe people who bought tokens from others at lower prices before the listing got some profit because the price pumped above $0.0016 before it dumped to $0.001 where it is at the moment.
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September 10, 2024, 06:39:25 AM
 #23

Whats with all the tap to earn stuff everywhere? I hope it has some real life usage
FortuneFollower
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September 10, 2024, 07:34:16 AM
 #24

Whats with all the tap to earn stuff everywhere? I hope it has some real life usage

Blum is a future exchange as they brand it, so, I think it should be worthwhile to look after the developments of it Grin

mdzahed134
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September 10, 2024, 05:36:25 PM
 #25

Pre market price is not realistic, it’s depend on project hype. And i think pre market price is always pretty higher than official listing price, if you will check previous pre market coins history as lile DOGS pre market price was 0.002$+ but initial listing price was 0.0012$ when i have seen. So buying token from pre market it’s too much risky.
The market price of Dogs was 0.002$+, and you saw the initial market price of 0.0012$. The market price you saw is regular because the pre-market and primary market market values are not the same. The initial market price is expected to be higher than the pre-market market price and even lower than the pre-market price. It depends on the value of that token. Those who buy in the pre-market do so entirely at their own risk, but with the hopeful prospect of potential gains. They come here with the mindset that they might profit or incur some loss. People who come to the pre-market know that it is very risky, and they accept this risk. Nothing good comes of not taking risks.
Airdrops coin price is unpredictable because it’s totally depend on exchanges listing, if a project will go list on Binance then price impact will high, when you can expect big things but if listing in low tier exchange that will be different that's it. Of course no risk no gain, but i will never take risk with MEME coins, and if somehow i invest it will my comfort zone.

deadsea33
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September 10, 2024, 06:08:51 PM
 #26

Airdrops coin price is unpredictable because it’s totally depend on exchanges listing, if a project will go list on Binance then price impact will high, when you can expect big things but if listing in low tier exchange that will be different that's it. Of course no risk no gain, but i will never take risk with MEME coins, and if somehow i invest it will my comfort zone.

As you say, you can expect more money if you list on a big exchange like binance. This is absolutely wrong, if the project increases the supply with less liquidity then the price of the coin will be very low which will not be profitable at all. It's just like binance there are many other big exchanges that don't go down much from the starting price when listed. But memecoin is a different matter.  Due to the high total supply, its price is very low, but if it is listed on a major exchanger, it pumps a good amount. And investors earn good profits. But there is a lot of risk here.

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September 10, 2024, 09:26:43 PM
 #27

Pre market price is not realistic, it’s depend on project hype. And i think pre market price is always pretty higher than official listing price, if you will check previous pre market coins history as lile DOGS pre market price was 0.002$+ but initial listing price was 0.0012$ when i have seen. So buying token from pre market it’s too much risky.
Yes, it is very risky, I also never buy in the pre-market because the risk is high.
People who start buying because they are FOMO and don't do the assigned tasks, but for traders who can make quick trades,
this will be an opportunity to profit from every trade made, of course, having to exit the Pre-Market market before the official listing is made.

Seeing how the official listing price is too far away, of course it is a big risk for Pre-Market traders.

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NicNacCoin
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September 10, 2024, 11:41:41 PM
 #28

Please i want to know more about blum crypto
Blum is currently in the best position to earn on tap.  Here it is assumed that this coin will bring more success to people.  Anyone who has worked here from start to finish has made a good point.  I have worked on this Blum project myself and made many points that I hope to gain from here.  But there are some examples of it being listed on Binance.  Those who have not worked yet can join and work very quickly.  Don't miss anyone.

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