Strategies to trade new listing on top exchange - page 4.

jrrsparkles

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Quote from: doctor877 on March 15, 2021, 01:42:30 AM

Trading a new project listing on top exchange usually leave many traders at loss especially those that doesn't know the do's' and dont's' of trading a new listing. Many times a new project listed will Pump very high and it will seem like it will keep going up and then suddenly it will start dumping really hard while many traders will have no choice than to sell at loss. I think one of the things to do to trade a new listed project is to wait till when the price is stable. Most times price usually pump and then dump then it will pick up later due to traffic trading and then later dump. All this usually happen between one to tow days. Please share your tips on some good strategies that can applied in trading new listings.

You can follow to strategies when a project is getting listed on top exchanges, one is buy the coins and toeksn in the presale itself because it is going to be available at great discount price so you can sell it immediately after it was listed on those exchanges.

Or else, don't be in a hurry just wait for the dip, not just few days because hype may last longer on certain cases so buy when the prices down considerably then hold it until it bump.

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Quote from: doctor877 on March 15, 2021, 01:42:30 AM

Many times a new project listed will Pump very high and it will seem like it will keep going up and then suddenly it will start dumping really hard while many traders will have no choice than to sell at loss.

It means they bought at the high too - that was a mistake and they are losing because of that only. New project does not mean a legit project, the contrary is more common. After getting listed a group of investors will always be there who are looking to 10% gain their 100$ investment and exit the project. They will cause a dump, you cannot avoid it.

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I think one of the things to do to trade a new listed project is to wait till when the price is stable. Most times price usually pump and then dump then it will pick up later due to traffic trading and then later dump.

By the time the price becomes stable, it may become so stagnant that you can never get any profit off your initial buying price. This is common with the projects that have come in as altcoins. Not bitcoin though.

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All this usually happen between one to tow days.

Nope, you cant generalize a number for how long a pump or dump may continue or stop. It depends on how much the people who manipulated the pump wants.

This is not the yardstick to measure when the price will be stable. Instead you need to learn about whether the project has any real use case or inherent market making capabilities. Because most projects dont have these.

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Quote from: doctor877 on March 15, 2021, 01:42:30 AM

Trading a new project listing on top exchange usually leave many traders at loss especially those that doesn't know the do's' and dont's' of trading a new listing. Many times a new project listed will Pump very high and it will seem like it will keep going up and then suddenly it will start dumping really hard while many traders will have no choice than to sell at loss. I think one of the things to do to trade a new listed project is to wait till when the price is stable. Most times price usually pump and then dump then it will pick up later due to traffic trading and then later dump. All this usually happen between one to tow days. Please share your tips on some good strategies that can applied in trading new listings.

I would prefer to avoid coins that have just been listed on the exchange because there is too much hype, so as you said is that prices go up which sometimes becomes overpriced, but if you are an early investor then this is the right moment to take a profit.
Waiting until the price is stable is not a guarantee this is safe, if you really want to buy when the price is stable there will still be losses if it turns out that the developer is no longer updating developments, always using money that you can afford to lose it.

Shasha80

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It's actually not that difficult to trade new projects on top exchanges, because top exchanges usually have a fairly high trading volume, so it makes
it easier for traders to sell coins that have been bought. The problem is that for new projects, usually the first time a listing will be a pump, for a few
hours and after that it will dump. Here, many traders have experienced losses, because it buys coins when the price is high.

So my advice is the best strategy for trading new listing coins, namely buying them before opening the trade. Usually the coins that will be listed
are available on other exchanges or usually these exchanges open a presale that is the best strategy of getting cheap rates. Then the following
strategy is to buy after 2-3 days of the coins being listed, usually the price has been dumped and we can buy at a low price.

2double0

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Op, your advice is applicable on all newly listed coins on Binance till date, except for Alice. All new coins have only dumped for first few weeks on Binance and then started getting some noticeable volume on it and got back to a reasonable value, while Alice gave a 250-300x to low price investors of this coin because it was on Binance launchpad. Invest in projects which are on Binance launchpad (like safepal and trust wallet tokens) as Binance itself invests a huge sum of money in these coins. And while this is bull run, it is not a big deal if a coin listed today, doubles in value tomorrow again.

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Quote from: Reid on March 15, 2021, 09:07:36 AM

...How will you know if the price is already stable?
When? Upon listing, is there an exact date where the stability will happen? ..

There is no exact time limit when a coin can be bought after a dump. Similarly, there is no exact rule that after the listing, the coin must necessarily decrease in price after the pump. I well remember how after listing Polkadot (DOT) on Binance, its price only increased every month, increasing in price by 2000%.

Oceat

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The only tips I can suggest to something like this is to never invest on it because it's a loss already once you put your money on them. The only ones that could benefits the profit first are those who bought during the presale but it doesn't happen all the time because sometimes the owner of the project seems to disappear once their project started to get listed in an exchange.

It's rare to see such projects that would succeed because of the right funding. What you are doing might be like a gamble, you gamble your money with a high risk of losing plus I can't guarantee that your investment would gain much profit if you totally succeed.

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Whenever I go for trading, I must set the stop loss so that my funds get secured even there occurred a big dump. By the way, from new listing on top exchanges can create a hype sometime which resulted the price go moon. Sometime it gets dump but for setting stop loss you won't loss a lot. If your expectations meet then you should convert it to stable coin by which your fund get stable.

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Quote from: dunfida on March 15, 2021, 04:16:36 PM

When a certain coin is really heard of to be listed on top exchangers then the thing i do commonly do is to purchase up onto where exchange its been currently trading.

There is something else, but this strategy, if you can call it that, is only suitable for Binance. I periodically look at community.binance.org, as often the coins that start their journey with Binance DEX also end up on Binance. In addition, do not forget about the monitoring of public votes, you can estimate the likelihood of listing a particular coin just by doing a little analysis. Only then, the purchase method that you described will be more or less secure.

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Quote from: Lordhermes on March 15, 2021, 12:55:34 PM

I have always seen and observe it this way round, so many traders get into the trap and become some sort of left out dogs in the chain street begging for a way out. Normally, newly listed coin are the most risky entry trades, on Binance the traders at profit enters at the very moment it got listed and it takes maximum 24-40 hrs to rise to new ATH, after the said hour it starts dumping gradually to obvious support level.

Notwithstandingly, it stays at the support level for at least 3-4 weeks before recovering again with new pump, mind you, the pumps may not go as speedly as the first one but in a gradual rise, also during this 3-4wks period, token buyer at presale start having their token released therefore causing some drawback of coin rise in price. The best and appropriate time to enter a newly listed coin is to wait after 1 month of listing, that's simple strategy anyway.

One month time frame is good enough as you have explained, by that time the token must have had some price actions that can be used to take trades especially on lower time frames combined with any FA that the coin might have. This is very important especially if its a coin that gets distributed monthly to investors.

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Quote from: doctor877 on March 15, 2021, 01:42:30 AM

Trading a new project listing on top exchange usually leave many traders at loss especially those that doesn't know the do's' and dont's' of trading a new listing. Many times a new project listed will Pump very high and it will seem like it will keep going up and then suddenly it will start dumping really hard while many traders will have no choice than to sell at loss. I think one of the things to do to trade a new listed project is to wait till when the price is stable. Most times price usually pump and then dump then it will pick up later due to traffic trading and then later dump. All this usually happen between one to tow days. Please share your tips on some good strategies that can applied in trading new listings.

When a certain coin is really heard of to be listed on top exchangers then the thing i do commonly do is to purchase up onto where exchange its been currently trading.
Once it would be hyped up that it would really be listed then people are trying to accumulate as much as they can which means that theres a pre-pump would really be happening
on that certain exchange and i do immediately sell when that time comes and when it gets listed on top exchange.Most of the time it doesnt really pump but rather
dump instead which is way lower into its current trading price which would really be ending up on loss.This is just basing on my own observations.

Lordhermes

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I have always seen and observe it this way round, so many traders get into the trap and become some sort of left out dogs in the chain street begging for a way out. Normally, newly listed coin are the most risky entry trades, on Binance the traders at profit enters at the very moment it got listed and it takes maximum 24-40 hrs to rise to new ATH, after the said hour it starts dumping gradually to obvious support level.

Notwithstandingly, it stays at the support level for at least 3-4 weeks before recovering again with new pump, mind you, the pumps may not go as speedly as the first one but in a gradual rise, also during this 3-4wks period, token buyer at presale start having their token released therefore causing some drawback of coin rise in price. The best and appropriate time to enter a newly listed coin is to wait after 1 month of listing, that's simple strategy anyway.

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It is risky to buy a newly listed coin, which most traders do knowingly. But there are many traders who are always attracted to extra hype and make wrong decisions. When a coin is listed on the Big Exchange, it is natural that the coin will pump a lot in the market, because then a lot of hype is created around that coin.

However, it is also not true that all the newly listed coins are dumped after being pumped, there are many coins that are constantly pumped after being listed on the Big Exchange. So that traders can make a profit. So traders need to understand which project is potential.

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FOMO like this often happens, especially now that many DEFI coins have increased by tens, hundreds to thousands of percent. and when the price also starts to get high there will be a dump that will make everyone panic and sell it for a cheap price.
waiting for stable prices is highly recommended to avoid losses. See also whether the project is good or not, has good potential or not for the future. Don't get stuck with FOMO because it can hurt a lot.

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indeed, the subsequent disposal pattern would have much more potential. Most of these things are done so that the holders who take profits in an instant sell them. The price will fall and investors will have more, so they can play with the price at a later date. movements of this kind often occur, to prevent holders who do not want to see the future of the coin. like last month's example happened to SaFePal. I have already sold it for $ 1.2 and it is currently a lot higher, even two days after its release on Binance it touched $ 2-3. as a result, only those who have large numbers who survive until now, make big profits.

goaldigger

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FOMO will always in the market especially if that project get listed on the top exchange. There will always be a winner and loser in this market so if you don’t want to be on the loser side, you must know when to buy and cell.

I do have bad experience before buying on the first hour, and after that I’m on trap on top guess what, it took me a week just to breakeven on my capital. So this is big lesson to me, never get FOMO and always buy on time.

Reid

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Questions like how and when will pop out of this.
How will you know if the price is already stable?
When? Upon listing, is there an exact date where the stability will happen?

This ain't like fiat and commodities trading where the fluctuation is just near the usual price.
Cryptocurrencies are so volatile there is no assurance as to what the future will bring.
You don't know the whales that are investing and you don't know when they will sell. No one controls that.

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Quote from: doctor877 on March 15, 2021, 01:42:30 AM

Trading a new project listing on top exchange usually leave many traders at loss especially those that doesn't know the do's' and dont's' of trading a new listing.

Don''t trade if you don't have basements for your trading calculations. Basements can be taken from crowdsale price or past resistance / support. With new listed coins, you don't have past resistance or support. If you don't have details from crowdsale price ie. your trade is gambling at beginning.

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Many times a new project listed will Pump very high and it will seem like it will keep going up and then suddenly it will start dumping really hard while many traders will have no choice than to sell at loss.

Not all 100% of them will be pumped and to be safe, I don't bet at the beginning and join first FOMO wave.

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I think one of the things to do to trade a new listed project is to wait till when the price is stable. Most times price usually pump and then dump then it will pick up later due to traffic trading and then later dump. All this usually happen between one to tow days.

After 1 or 2 days, you can have very temporary resistance and support to trade but it is still unsafe. If you implied about period for more stable price, it can take a few weeks. You can take a look at very first generation of DeFi tokens, SUSHI, Curve, etc.. Safety is the first priority for your trading decisions, not profit.

The same goes for airdrops, I will wait price actions and market reactions for my trades. I don't bet with forks, airdrops and hope that they will give me profits.

michellee

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If you already have that token from the new project, you can send it to the exchange and sell it right away, especially when the price increase so high. But if you do not have that token, it is better to wait for a while until the price stable, as you said, because, at that moment, that will be too risky if you decide to buy. After all, the price can get a pump or dump from the traders. But I think waiting for a while will be the best strategy to prevent losing the money because of the pump and dump moment.

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Most of the investors that are waiting for a coin that they invest in are looking out to dump those tokens as quickly as they can. They're all watching for it because they knew that something like dumping would actually happen in the quickest time that they can imagine.
That is the reason why many tokens upon being listed would pump as much as they can but later on, it will also dump. The strategy is that you must be active and very watchful and decisive during those moments.

Topic: Strategies to trade new listing on top exchange - page 4. (Read 678 times)