First, it should be listed on major exchanges as soon as it comes out, but it should not be a very popular project, such as Sui ICP.
Second, the listing comes with its own contract
Third, once it is pulled up, it will not fall down much, it will stay stable, and the callback range is very small. Look at the 15-minute K-line, it is not a needlework.
Then this project is more reliable.
Fourth, split the positions into two. Don’t put all your eggs in one basket. This way, the operability will be very strong. Of course, you can also open opposing positions, that is, one for shorting and one for longing. However, the same platform can only open positions in one direction. You need to open positions on two platforms. As long as you get one right, you will make money.
For a newly released coin like this, if a contract is opened, the probability of a price increase is relatively high, because going long makes much more money than spot trading. Only when the price is increased will others come to short. If the price is not increased, no one will know about the coin. Moreover, it is directly listed on major exchanges as soon as it comes out, which shows that the project is also very reliable and the funds of the dealer are very strong. In order to obtain the maximum profit, they usually start from a very low market value, and the increase will be relatively large!