I haven’t participated in any new launches over the past couple of days. Instead, I’ve learned quite a bit from watching others.
There was a project where you could mint shares for 1U, and trading would automatically open once 10,000 shares were minted. The opening price was the same as the mint price, with no premium at all. It plunged right after opening, then bounced back a little later.
I used to think, “Once it’s fully subscribed and trading opens, it’s bound to surge.” These days, I have a little rule of my own: if the opening price is the same as the mint price, and there’s no refund if it doesn’t fill, I sit it out by default. With no premium, you’re basically paying upfront and then waiting for someone else to take it off your hands.
Of course, some people may have made money on the bounce, but that’s luck—not something I want to try to replicate.
What’s the first thing you look at when joining a new launch: whether the contract is open source, or whether there’s a premium at launch?
Just keeping a personal record; this is not investment advice.
$BNB #币圈故事 #Crypto
There was a project where you could mint shares for 1U, and trading would automatically open once 10,000 shares were minted. The opening price was the same as the mint price, with no premium at all. It plunged right after opening, then bounced back a little later.
I used to think, “Once it’s fully subscribed and trading opens, it’s bound to surge.” These days, I have a little rule of my own: if the opening price is the same as the mint price, and there’s no refund if it doesn’t fill, I sit it out by default. With no premium, you’re basically paying upfront and then waiting for someone else to take it off your hands.
Of course, some people may have made money on the bounce, but that’s luck—not something I want to try to replicate.
What’s the first thing you look at when joining a new launch: whether the contract is open source, or whether there’s a premium at launch?
Just keeping a personal record; this is not investment advice.
$BNB #币圈故事 #Crypto
