Is token unlocking good or bad for the cryptocurrency market?
Very bad.
For any coin, there are only two types of people: dealers and retail investors.
All the actions of dealers are centered around how to buy your chips at a low price and then sell their own chips at a high price to make money.
Back to the coin circle, there is something called lock-up. What is lock-up?
In fact, it is very simple. Lock retail investors' chips to prevent them from selling. Then use less funds to raise the price of the coin and sell it. At this time, retail investors enter the market to take over at a high price.
Then unlock. After unlocking, due to panic, the floating chips in the market increase, the price of the coin falls, and the dealer slowly buys at a low price. It is a very simple way to cut leeks.
It is difficult for me to understand why some people don't understand this?
No wonder, you lose money when you enter the market.
In the coin circle, nothing else matters. The most important thing to do is to do the same as the dealer, how to better reduce the average price of the coin in your hand. Other than that, everything else is nonsense.
Don't believe in buying a bunch of leeks online. None of them is good.
