Bitcoin $91,240 reached a new record high of 81 thousand dollars, creating momentum in the cryptocurrency market. This surge propelled many major cryptocurrencies to new peaks, presenting profit opportunities to traders. An investor who followed the right strategy earned a profit of 3 million dollars in just one hour. This demonstrates that the market is full of opportunities, and significant gains can be achieved with appropriate strategies.
Investor Achieves High Profits with New Listing Strategy
In the cryptocurrency market, trading opportunities are as appealing as decentralization and technology. Many individuals are drawn to this field upon seeing others make profits. Recently, an investor earned 3 million dollars in one hour by tracking Binance‘s new $ACT token listing. According to Lookonchain, this investor used 318 thousand dollars in $SOL to purchase 10.9 million $ACT before the listing. Although this strategy involves high risk, if executed correctly, it can yield significant returns in a short time.
How Does the Listing Strategy Work?
The listing trading strategy involves purchasing cryptocurrencies before they are listed on an exchange. The listing of a cryptocurrency on major exchanges usually excites investors, which in turn increases the token’s price. Investors who manage to sell when prices rise can realize profits. However, this strategy, while appearing simple, comes with many challenges. It requires continuous monitoring of large crypto exchanges and listing announcements, as well as precise timing and price tracking after the listing. Selling before prices drop is also critical for success.
Is This Strategy Right for You?
While the high profits obtained in a short time enhance the allure of the cryptocurrency market, this strategy may not be suitable for every investor. Experienced investors with access to time and the right resources may benefit from acting according to new listings. However, it should be noted that this strategy does not always work.