When is the perfect time to participate in Launchpads?
Hi friends! No, the best place is not BTC`s ATH but why a lot of hype around it exactly there? In this idea i will explain you where it`s better participate in ICO, IEO to get the profit during the bull run.
Fewer of the most experienced make money in the market, and the majority always lose in the end. A common example is Doge millionaires who lose their money in a few days on a Bitcoin dump.
Why it's worth it to participate in lanchpads at the beginning of the Bitcoin bull market:
1. all altcoins follow Bitcoin and will grow till BTC grow. Yes, Bitcoin outperforms alts in short terms at the beginning, but they make good profits during altseasons. Often there are 2-3 such altseasons. By the way, if you are interested to know how to determine the best place to buy altcoins - write me in the comments, I will make an educational idea for you.
2. If the lunchpad was unsuccessful and you get a loss, during the BTC bull market the price of alt return at least to you entry point. As long as the loss isn't fixed, it's not a loss, so you can wait for a return to the entry point and come out at break even or in profit. That way you will save your money because you bought alts at the beginning of bull market.
For example, let's take the coins from the Binance Launchpad in 2020 when the bullmarket just begin:
1. WRX +9700% to its peak (ATH). At hte beginning you even can gea a loss. but after had amazing return.
2. SAND +11300%
3. AXS +112670%
I don't think it's worth adding anything.
Why are lunchpads almost no profitable at ATH:
1. a lot of hype around the new launchpads, people feel extreme greed. You know, that 90% of traders are not profitable. Majority will not earn because the majority can`t be the professionals.
2. after lunchpads at crypto market highs, altcoins don't grow so high. If you bought any altcoin when Bitcoin was $4-5 or 10k, you would have made more money than on popular lunchpads. This only works if you don't have a strategy for trading Bitcoin futures trading during a bull market, when you are increasing just the number of Bitcoins. Then you can make much more money than on altcoins.
But if you prefer Altcoins, you can not only fail to earn, but also lose a lot of money, as most of traders, who bought crypto when Bitcoin was above 50-60 thousands, did.
To give you an example, let's take the lunchpads on Binance for the then popular Game-Fi projects on ATH:
1. DAR - up 35% and down 91%
2. MBOX - after growing by 130%, it fell by 95%.
Is this the kind of profit you want to make? The fairy tale about 100x is definitely not here.
Summing up, it's better to take part in several Lunchpads at Bitcoin's "bottom" and get 1000% or at least break-even, than to participate at ATH and get a loss of 95%.
It`s worth to say that only 1 out of 100 coins/crypto have a some value, another one made for collecting money from the crypto newbees. Our aim is to buy low and sell high. That`s all.
Check the idea about when it`s better to come to a crypto market and crypto trading. This idea give you a clear understanding about why you are at the rights place now!
I will explain you where is the best place to buy ALT`s in the next educational ideas! Cheers!
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Fewer of the most experienced make money in the market, and the majority always lose in the end. A common example is Doge millionaires who lose their money in a few days on a Bitcoin dump.
Why it's worth it to participate in lanchpads at the beginning of the Bitcoin bull market:
1. all altcoins follow Bitcoin and will grow till BTC grow. Yes, Bitcoin outperforms alts in short terms at the beginning, but they make good profits during altseasons. Often there are 2-3 such altseasons. By the way, if you are interested to know how to determine the best place to buy altcoins - write me in the comments, I will make an educational idea for you.
2. If the lunchpad was unsuccessful and you get a loss, during the BTC bull market the price of alt return at least to you entry point. As long as the loss isn't fixed, it's not a loss, so you can wait for a return to the entry point and come out at break even or in profit. That way you will save your money because you bought alts at the beginning of bull market.
For example, let's take the coins from the Binance Launchpad in 2020 when the bullmarket just begin:
1. WRX +9700% to its peak (ATH). At hte beginning you even can gea a loss. but after had amazing return.
2. SAND +11300%
3. AXS +112670%
I don't think it's worth adding anything.
Why are lunchpads almost no profitable at ATH:
1. a lot of hype around the new launchpads, people feel extreme greed. You know, that 90% of traders are not profitable. Majority will not earn because the majority can`t be the professionals.
2. after lunchpads at crypto market highs, altcoins don't grow so high. If you bought any altcoin when Bitcoin was $4-5 or 10k, you would have made more money than on popular lunchpads. This only works if you don't have a strategy for trading Bitcoin futures trading during a bull market, when you are increasing just the number of Bitcoins. Then you can make much more money than on altcoins.
But if you prefer Altcoins, you can not only fail to earn, but also lose a lot of money, as most of traders, who bought crypto when Bitcoin was above 50-60 thousands, did.
To give you an example, let's take the lunchpads on Binance for the then popular Game-Fi projects on ATH:
1. DAR - up 35% and down 91%
2. MBOX - after growing by 130%, it fell by 95%.
Is this the kind of profit you want to make? The fairy tale about 100x is definitely not here.
Summing up, it's better to take part in several Lunchpads at Bitcoin's "bottom" and get 1000% or at least break-even, than to participate at ATH and get a loss of 95%.
It`s worth to say that only 1 out of 100 coins/crypto have a some value, another one made for collecting money from the crypto newbees. Our aim is to buy low and sell high. That`s all.
Check the idea about when it`s better to come to a crypto market and crypto trading. This idea give you a clear understanding about why you are at the rights place now!
I will explain you where is the best place to buy ALT`s in the next educational ideas! Cheers!
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Get access to the private club with VIP signals
👉 bit.ly/vip_bikotrading
🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/YouTube__Lessons
👉 bit.ly/vip_bikotrading
🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/YouTube__Lessons
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.