One of the best tricks of future trading

in Project HOPE21 days ago

Assalamu Alaikum


How are you? By Allah's grace, I'm doing very well. The trick that I will share with you today is the most risk-free trick in future trading. If you can do this trick well, then there will be a lot of chances that you will profit from the crypto market. However, there is also a risk as there is profit here. That is, to apply this trick, you have to maintain some things and if there is just one mistake here, all your funds can be gone. Our trick for this future trading is that when new coins are listed in the market, we will open a short position in that coin within 5 minutes of listing. And opening a short position means that after the listing, when the price of that coin starts dropping downwards, we will get out with instant profit. This thing is as easy as it sounds to hear, but it is as difficult to implement. Because you can understand that since the new token price will be very volatile, so if you make a wrong movement, then your entire balance can be liquid. For these reasons, some things must be followed here or you can say you have to maintain some rules, then I hope you can profit from this.

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Let's see if the trick works. Here I have come across a brand new listed token called Kinto. This token has been listed for three or four days and I am currently on the one minute chart so if you look at the very first candle of the listing you can see here but a huge week is coming i.e. after the listing here the price spiked upwards and dropped instantly and came down. Which means this token hit a maximum of $16 after the listing. So if you are active in the market then you may not be able to open a short position in this coin when it is $16 but you should definitely get the price of this coin around $10 or $12. If you could have opened a short position in these few at $10 or $12 then you could have made a good profit because you could see this coin dropped below $8 in one to two minutes.

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Then here we come to the chart of another token which is called SEED. In the case of SEED token, you can see that when this coin was listed, the price of this coin was completely pumped for ten minutes. The reason for this is that although it is an airdrop token, the token of this airdrop was allowed to be withdrawn by people after an hour of listing, due to which there was no selling pressure, but when people started withdrawing, you could see how much it went down. So when you open a short position in a token, before that, you should have a little idea about the Tokonomics of that token or you should do a little analysis about that token in advance. Because if you had opened a short position in this token immediately after listing, then the chances of it being liquidated were very high. And if you had studied in advance, you would have understood that no short position can be opened in the first hour. And when all the people start withdrawing, then the price of the sure token will come down. Because whenever selling pressure starts in a token, the price of that token easily starts going down. I hope you understand the concept, which is that we will open a short position in all the coins that had airdrops. There are a lot of risks in the crypto market, think carefully before doing anything and act at your own risk.

Today's discussion concludes here. I hope you've found it interesting. Please share your thoughts on today's topic. Prayers for everyone. May everyone be well. Amen.

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