Shaf
Verified member
Whenever a coin is listed on a cryptocurrency exchange, the price pumps, sometimes to unimaginable levels. Some people buy at this point while others wait to buy it when it dumps.
Listing on the more popular ones like Binance and Coinbase especially are known to be accompanied by huge pumps.
Over time, you will learn that buying such coins at the time of listing is a sure recipe for disaster as the price can dump badly after that.
But newbies usually fall for it especially when you can see the price pumping 1000% or more and end up with losses. Sometimes though, the price will pump and keep pumping like the recently launched Bored Ape Yacht Club token and GMT tokens on Binance.
Have you ever bought a new coin in listing and what was the outcome for you?
Listing on the more popular ones like Binance and Coinbase especially are known to be accompanied by huge pumps.
Over time, you will learn that buying such coins at the time of listing is a sure recipe for disaster as the price can dump badly after that.
But newbies usually fall for it especially when you can see the price pumping 1000% or more and end up with losses. Sometimes though, the price will pump and keep pumping like the recently launched Bored Ape Yacht Club token and GMT tokens on Binance.
Have you ever bought a new coin in listing and what was the outcome for you?