Considering the current trends in cryptocurrency, the best approach to trading is to capitalize on a minor buying trend or participate in a larger selling trend. I follow this strategy by identifying tokens that are newly listed or soon to be listed.
You have the option to purchase a token for quick gains or to wait and short the token in alignment with the overall market trends to achieve larger profits. Your decision should be based on your trading strategy and the specifics of the project.
For example, the token Bubblemaps (BMT) is set to be listed on March 11th. It’s important to conduct your own research (DYOR) on this project and decide whether to join the buyers or wait to sell.
The project appears promising as it is a blockchain analytics platform that converts complex on-chain data into intuitive visual representations. However, your trading decisions should ultimately rely on your judgment and research.
Feel free to share your opinions after researching the project, and let others know how you approach trading in these market conditions.
To some extent, I think you're right. I've used a similar method for futures trading in the past, and it worked out well. However, one must exercise caution, as crypto markets are highly volatile and can turn against you when least expected.
Regarding the project you mentioned, BMT, I did some research and found that it is actually a solid project, particularly after its listing on reputable exchanges like Bitget and MEXC. I also saw that just for depositing or trading, someone can get more of BMT airdrop including completing social tasks i will still have the chance to win BMT
giveaway .
Overall, it's a win-win situation for both traders and farmers. Good luck with your trading endeavor.
