Why it is not a good idea to invest in new listed coins on centralized Exchange

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Investment in new coin is profitable but at the same time it is very risky to invest in these coins. Normally coin first pump and than dump after listing on centralized exchange.

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Pump is some time more than 1000% and this is the time when initial investors sell their coins as a result of high selling pressure on coin which depricate its worth.

Today new coin HIBEANZ liksted on kucoin exchange. In a matter of minutes coin observed 1900% gain. Huge pump in price added more selling pressure as a result coin observed more than 66% dip from its all time high worth. Such a trade is pretty risky. I have lost $43 on my investment. It takes a lot of time and effort to earn $43. On the other side, you can loss the amount in a matter of minutes.

Reason of sharing this post is to educate fellow user not to invest in those coins which give huge pump. First the coin pump and than it dumps. Better to wait for the right moment to invest in coin.
Best way of getting new coin is through IDO. Initial offer give you liberty to buy coin at cheap rate. You can earn decent profit if you purchase coin at lower worth. Initial worth of HIBEANZ was $0.0026. At one stage coin touched the $0.05089. Coin unable to sustain its worth and currently coin is trading around $0.017. Still opportunity for investors to earn 615% profit on their initial investment. This is the good strategy. Instead of investing on new listed coin better to invest in new ido or igo. What is your opinion my friends?
This is it for my today post. Wish you all a very happy, healthy and prosperous life ahead. Have a nice time.



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12 comments
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Yes, totally agree, it happened to me, but it was the opposite.
I bought it when it was going down, so it went down and down until this coin is worthless ☹️

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We all commit mistakes. Better to learn from mistakes and never repeat these mistakes. Stay blessed.

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(Edited)

I saw this on kucoin. It was due to launch, then it jumped 12x and afterwards dipped a bit. I check prices now and see if it's worth buying !

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I myself have lost a lot of money in such coins. We should not invest in such coins because when they are listed they are very high and down. It is better to invest in them and wait for the bull market, because the money we invest is earned by hard work, when there is a loss, it is very sad.

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Thanks for sharing this with us and I really appreciate it as I'm just aware of this now and I will like to invest on those coins

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Well detailed post I must say . Investing in new listed coins on centralized exchanges can be a high-risk strategy, and investors should exercise caution and conduct thorough research before investing in any new project.

It is generally recommended to wait for the project to establish a track record of success and gain regulatory approval before investing.

Posted Using LeoFinance Beta

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Yes, you are absolutely right, I agree with you. Whenever a coin comes to any exchange, its price goes up, so when you make your investment, it's mostly up, so when it comes down, it causes the lose, so no one should invest in anything like this.

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New coin listings are hard to play because you do not know the fair value.
They are yet to undergo the process of prices discovery.
So it is best to let the price settle down before making an entry.
Alternatively get in early as a supporter and get some kind of an airdrop /reward to get them so you invest your time rather than your money.

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Well said. It is best of let the price settle down before taking an entry. This is the strategy of smart investors. Stay blessed

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