So, Binance recently issued a risk warning on Quarkchain listing. Yes, it was because of circulation counts and future releases affecting the price. I find it funny that Binance should be able to issue a risk warning on all of their new listings. Every coin/token that has been listed recently has taken off but also level out leaving a lot of people that bought at the high rate scratching their heads wondering why it went back down; some more than others. It makes for an interesting game of timing and luck to come out ahead at the end of the day. I prefer to just buy into good projects and not test my blood pressure with trying to keep up with the day traders and bots. Although, I have tried once or twice with mixed results. Good luck to anyone that tries, it can make for some very big gains in a short time but you could also end up holding a bag of something you really didn't want to hodl in the first place. #notafinancialadvisor #binancebounce #keepyourdayjobfornow
Many scam coins around at the moment.
Even more decent projects around.... but unfortunately not everyone will survive, and not everyone will expand into viable businesses.
So in this case there are few important dimensions have to collide: great project + talented management team + good staff + luck + loyal community + patience over time.
Like some people say: all this crypto investment or trading at the moment is more like gambling, than investment, or traditional asset trading.
Exactly, but I think its also just the normal nuances that comes with a new technology. How many people blew up perfecting gasoline?