Peace be upon you. Recently, I noticed something important which is as follows:
When any currency is issued, there is a large pump at the beginning because traders buy the currency aggressively right after its release, and after a few moments they start selling, then the currency begins to decline; all of this happens in just a few minutes
I transferred an amount of ten dollars to the futures wallet
This is a small amount, but I just wanted to conduct an experiment, and then I monitored the time of the currency's release; I used an alarm to notify me a minute before
As soon as the currency was issued, I waited until it peaked, usually 15 seconds after its issuance, and I made a sell trade with a leverage of ×10 on the new arena-z currency. The result, as you can see in the picture, was that my balance doubled from 10 dollars to 20 dollars in just 4 minutes with a profit of more than 100%. I closed the trade immediately; it was a successful experiment ✅️✅️✅️
The advice:
Do not enter with a large amount if you are a beginner
Do not use leverage greater than 10
Don't be too greedy; as soon as you reach the target, close immediately
I conducted this experiment at this moment and I will repeat it with other currencies, and I will give you more tips to improve profitability and achieve greater profit