A recent debate with a friend got me pondering a question that has puzzled many a crypto enthusiast: when is the best time to buy a new token? Is it before it lists on an exchange, or after?
As we weighed the pros and cons, I realized that this dilemma is more nuanced than it seems. Buying before listing can lead to substantial profits, but it also comes with significant risks. Conversely, buying after listing may be safer, but it might also mean missing out on potential gains.
The conversation took an interesting turn when my friend mentioned the USUAL community, which is currently pre-trading on various exchanges, including Bitget and Binance. I'm intrigued by this project, but I'd love to hear from others before diving in. What are your thoughts on USUAL? Is it a project worth exploring?
Totally this is something which cant really be answered precisely. Why? Here's the possible situations;
1. Buy before listing- If the price pumps on listing then thats a sure profit
2. Buy after listing - if it drops then buyback should be made
The question is, would it be able to recover once it will dump to the ground? or would those bought tokens before listing will be surely not go under with the listing price or value?
There would really be tons of factors on which it would really be affecting your profitability and this is why it will really be just that a matter of risks taking when it comes into this aspect.
There's no wrong in regarding about certain conditions yet this one will really be that entirely random.
So if you do find out that a certain project gets listed does have that good community support and some hype then it will really be that up to you whether
you would be risking on buying it earlier or wait after it gets listed and accumulate as much as you could.
