What you told him is true. Buying early means you are trying to achieve the high-risk, high-reward type of investment but this is truly dangerous and it could be a waste of money if done wrong.
Now, there are investors who like to keep it safe so they buy after it is listed just to make sure the coin they are buying can be bought and sold at the same time. It also makes the coin more trustworthy because an exchange won't just list any coin without even checking it.
Your debate with him won't go anywhere because you are two different people with different views about investment. The other is brave enough to take the high risk while the other just wants a smoother sail. There's no need to be too deep about it.
Topic: Buying in early or after a listing? - page 3. (Read 318 times)
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Some altcoins coins just have a one time uptrend movement immediately it is being listed on the exchange and if you are not fast enough to sell on that first price pump, you might not see such price pump again. Some investors that buys a token at the pre-market price don't make profit because at last the token may not be listed with a good price if compared to the presale price and some times too, the project owners does not add good liquidity to the market, which can easily allow price to dump.
Altcoins normally follows the pump and dump mechanism and if you are lucky, you can make profit either when you buy at the presale market or even if you buy after listing, you will still make profit.
Altcoins normally follows the pump and dump mechanism and if you are lucky, you can make profit either when you buy at the presale market or even if you buy after listing, you will still make profit.
I had a debate with a friend about which is better, purchasing a token new token before its listing on an exchange or the moment it gets listed.
It depends on the potential of a coin; if the coin is good, buying it early, like in a presale, will give you a good profit. A presale offers a bonus percentage in every stage, so if a coin has good potential and community support, strategic accumulation in its presale is better than buying it after the listing.Some investors prefer buying a coin on their favorite exchange, which is why they prefer to buy it if there is an announcement of listing on their preferred exchange.
He mentioned a couple of tokens that got listed on certain exchanges, mostly the top exchanges like Binance, Bybit and Bitget and those tokens experienced pumps experienced massive pumps. The one I remembered was PNUT he said it was up 17x. He made good points but I'd rather table it here, what do you guys think?
You're right. But I believe some cex are known to be quick in listing before it hit others like coin base, kraken, binance. Let's take slerf for example. It was on Bitget since 8months ago and just made it to Bianance. I believe if you wanna have an edge, you need to pay attention to listings from cex like that.
if we're talking about memes or any unlisted coin, when you plan to wait for the centralized exchange listing to feel safe, you sacrificed the opportunity to make massive profit, but on the other hand if you don't wait until CEX listing then you are sacrificing safety for that additional profit, I think that's the conclusion
but here's the thing, you can always do your own analysis and see whether investing into certain coin is safe or not simply by just looking at the coin's data, like the amount of holders, how much centralized the holder stat is and so on.
so basically you can get the benefit of making big profit by buying before listing without sacrificing safety if you know what you're doing.
but here's the thing, you can always do your own analysis and see whether investing into certain coin is safe or not simply by just looking at the coin's data, like the amount of holders, how much centralized the holder stat is and so on.
so basically you can get the benefit of making big profit by buying before listing without sacrificing safety if you know what you're doing.
I thought as much but, the fact you’re only concerned about the profit not the risk you can go ahead. So long as you’re making good profit don’t back down, going for new project all the time seems too scary due to lose personally I’m only after the profit with less risk so I don’t think I will purchase any token without being listed. Reputable exchange still list dump token meaning you should never trust a token just because a good exchange listed the token or else you’ll face lose.
You can't tell and all you need is just luck to be on your side to be able to pick the right coin to invest in while some will say that investing in coins before they are listed is the best approach to buying altcoins since many of them that have been listed were dumped immediately without recovery, so the risk of buying coins that are listed already on exchange is a bad idea for such an investor.
Some others already have bad experiences with that pre-listed coin they invested in because with all the promises of making it to the exchange, many of them never did at all, or even if they make it to the exchange, they will choose to go for the quack exchange with the manipulated market which end up being time wasting.
Some others already have bad experiences with that pre-listed coin they invested in because with all the promises of making it to the exchange, many of them never did at all, or even if they make it to the exchange, they will choose to go for the quack exchange with the manipulated market which end up being time wasting.
I had a debate with a friend about which is better, purchasing a token new token before its listing on an exchange or the moment it gets listed.
This is no longer a thing today, this was pre-ICO time although some projects are doing it once again because they've seen it effective but they don't call it anymore preICO. I feel like purchasing a token before the listing gives much more space for profit, but he mentioned that there's also a huge risk of not knowing whether it will end up getting listed and that was a fair point. He also raised the point that buying tokens after their listing was safer, but even if it's true that it holds less profit potential than the former, it also has huge potential if it gets listed on a top exchange.
You have a lot of space but you can't be sure if it will pump after it gets listed. Because at most scenarios, the dump is following it then.He mentioned a couple of tokens that got listed on certain exchanges, mostly the top exchanges like Binance, Bybit and Bitget and those tokens experienced pumps experienced massive pumps. The one I remembered was PNUT he said it was up 17x. He made good points but I'd rather table it here, what do you guys think?
While that it is true but it cannot be the same for most scenarios. Remember that the devs have got early distribution too either with other private early investors and as well as their allocation to these exchanges, so who knows who gets to dump it first and takes the money. 
He mentioned a couple of tokens that got listed on certain exchanges, mostly the top exchanges like Binance, Bybit and Bitget and those tokens experienced pumps experienced massive pumps. The one I remembered was PNUT he said it was up 17x. He made good points but I'd rather table it here, what do you guys think?
It's a golden rule;
Higher Risk = High rewards. Lower Risk = Lower rewards
Those who risk buying shitcoins before they get listed have a higher chance of losing money to the many scams around but should one of the coins get listed, they can easily get a higher reward as compared to those that buy after it has been listed in an exchange.
Higher Risk = High rewards. Lower Risk = Lower rewards
Those who risk buying shitcoins before they get listed have a higher chance of losing money to the many scams around but should one of the coins get listed, they can easily get a higher reward as compared to those that buy after it has been listed in an exchange.
Both ways are risky, a token can be listed and wouldn't have any growth possibility, for years, which causes loss. Similarly, some tokens are being sold amongst community members even before it's listed. Whether a buyer makes profits from a non listed or listed token also relies on the person's preparations of selling them.
I won't advice a fresh bitcoiner to purchase a token close to listing. Because they wouldn't know that right step to take when some projects begin to portray signals of poor performance in the market.
I won't advice a fresh bitcoiner to purchase a token close to listing. Because they wouldn't know that right step to take when some projects begin to portray signals of poor performance in the market.
I had a debate with a friend about which is better, purchasing a token new token before its listing on an exchange or the moment it gets listed.
I feel like purchasing a token before the listing gives much more space for profit, but he mentioned that there's also a huge risk of not knowing whether it will end up getting listed and that was a fair point. He also raised the point that buying tokens after their listing was safer, but even if it's true that it holds less profit potential than the former, it also has huge potential if it gets listed on a top exchange.
He mentioned a couple of tokens that got listed on certain exchanges, mostly the top exchanges like Binance, Bybit and Bitget and those tokens experienced pumps experienced massive pumps. The one I remembered was PNUT he said it was up 17x. He made good points but I'd rather table it here, what do you guys think?
I feel like purchasing a token before the listing gives much more space for profit, but he mentioned that there's also a huge risk of not knowing whether it will end up getting listed and that was a fair point. He also raised the point that buying tokens after their listing was safer, but even if it's true that it holds less profit potential than the former, it also has huge potential if it gets listed on a top exchange.
He mentioned a couple of tokens that got listed on certain exchanges, mostly the top exchanges like Binance, Bybit and Bitget and those tokens experienced pumps experienced massive pumps. The one I remembered was PNUT he said it was up 17x. He made good points but I'd rather table it here, what do you guys think?
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