Seeking Advice: Pros and Cons of Buying Tokens in Pre-Market - page 2.

aima55

jr. member

Activity: 70

Merit: 1

Quote from: bluebit25 on June 29, 2024, 12:06:23 PM

I just want to express that every scenario can play out like you break even, lose money, make a profit. Any form of marketing that revolves around a project that receives a lot of publicity, competition is expected to be fierce and similarly there will be opposing cases.

I have also seen some pre but honestly I don't intend to be exposed to that, based on the price I think the official listing price will also be around the area.

So there is nothing too specific that guarantees the project will take place according to a scenario, let's speculate on different cases that you can accept or just as a reference.

Thank you for sharing your thoughtful perspective. You're absolutely right about the unpredictability of investments and the importance of considering different scenarios.

I'm currently exploring pre-market trading and learning about various platforms, including Bitget's pre-market. The listing of NotCoin there caught my attention, though I understand that past successes don't necessarily predict future outcomes. Pre-market trading appears to offer advantages such as early access and contract-based trading, but I'm aware that there are also risks involved. I'm carefully evaluating all factors before making any decisions.

asriloni

legendary

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Leading Crypto Sports Betting & Casino Platform

Quote from: aima55 on June 29, 2024, 11:45:12 AM

What are your experiences with buying tokens in pre-market? Any success stories or cautionary tales?

Pre-market is a stupid thing. Be cautious when you buy tokens in the premarket prior to the release of tokenomic.

Quote from: aima55 on June 29, 2024, 11:45:12 AM

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

It's not wiser than buy in the exchange site directly. Pre market is a speculation market.

Quote from: aima55 on June 29, 2024, 11:45:12 AM

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

Buyt tokens in the pre-market before the tokenomic release is pretty much the same like gambling.

Quote from: aima55 on June 29, 2024, 11:45:12 AM

For those who've done both, how do you compare the potential gains/losses of pre-market vs. post-listing purchases?

I'd prefer buy on the spot than pre-market because the potential gains are higher. Sometimes the pre-market price is inflated due to FOMO.

Psynthax

hero member

Activity: 2366

Merit: 504

Pre-Market is just full of small buying orders with inflated price, this doesn't reflect the real price at all, just see most of the pre-market available in the big exchange always bunch of small buy order probably to deviate people perception of how much the coin actual worth really is.

to buy the coin in that stage is disaster for your investment, better wait a little bit and find out the real price, when coin gets listed, the first minutes are full of price swing anyway you can figure out the bottom and start buying from there.

pre-market as far as I know only good for people that just want to reserve price to sell their bags with the disadvantage of needing to put money as a collateral.

it's always disaster for investor/buyer of the pre-market. you ain't gonna be making something from this hugely manipulated market. just be patient men and trade in the real market with real liquidity and real data.

X-ray

hero member

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Merit: 524

Leading Crypto Sports Betting & Casino Platform

Pre market literally you're just betting on the future outcome of project listing with minimal information, i still remembered when blast is having pre market and the total supply wasn't disclosed, it was floating around $5-$3 and suddenly it went to $0.035 once the total supply was disclosed and it was about 100 billion blast.
there are so many people complaining feeling like they've been cheated since they instantly lost all the money at the time of TGE. though i don't know whether the pre market trading in many exchange was cancelled eventually.

IMO it was good when pre market was still new thing in the market, right now, most of the project that have pre market ironically have lower price than the pre market ones. ZK tanks below pre market, blast, and other coins, enough reason for me to avoid this thing.

bluebit25

sr. member

Activity: 1666

Merit: 292

https://bitlist.co

I just want to express that every scenario can play out like you break even, lose money, make a profit. Any form of marketing that revolves around a project that receives a lot of publicity, competition is expected to be fierce and similarly there will be opposing cases.

I have also seen some pre but honestly I don't intend to be exposed to that, based on the price I think the official listing price will also be around the area.

So there is nothing too specific that guarantees the project will take place according to a scenario, let's speculate on different cases that you can accept or just as a reference.

aima55

jr. member

Activity: 70

Merit: 1

Hello fellow crypto fam,
I've been in the crypto space for a while, but I'm venturing into new territory and could use some community wisdom. I'm considering buying a token in the pre-market phase for the first time, and I'd appreciate your thoughts.
There's a Layer 3 project that's caught my eye. I've researched their whitepaper and I'm impressed with the team's vision. The token is currently available on a major pre-market platform before its official exchange listing.
My questions to the community:

What are your experiences with buying tokens in pre-market? Any success stories or cautionary tales?
Is it generally wiser to wait for official exchange listings, or can pre-market purchases offer significant advantages?
What additional risks should I be aware of when considering pre-market purchases?
For those who've done both, how do you compare the potential gains/losses of pre-market vs. post-listing purchases?

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!

Topic: Seeking Advice: Pros and Cons of Buying Tokens in Pre-Market - page 2. (Read 258 times)