It only makes a profit if you buy as soon as it launches and catch its hype. Otherwise, if its hype has already passed and it is better to stay out, there will probably be a big correction.
lkazin
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🚨 WARNING FOR BINANCE NEWBIES 🚨
⚠️ Beware of newly launched cryptocurrencies that appear with insane hype of +3,000%! It seems like a golden opportunity, but it can be a trap. Often, the price plummets soon after, leaving you at a loss.
💡 Quick tips to avoid falling for the scam: 1️⃣ Don't invest on impulse, study the project. 2️⃣ Be wary of promises of easy profit. 3️⃣ Only risk what you can afford to lose.
In the world of cryptos, calm and strategy beat greed. Don't be fooled by pump & dump!