The world of crypto trading continues to be a constant focus of attention, with its popularity and investors increasing throughout the decade. Recently, a crypto trader made $140,000 in profits in just 20 minutes by applying a perfect trading strategy. Such successes show that it takes years of experience and deep knowledge in the crypto market.
Investor’s Success Story
As the Lookonchain page points out in the latest post The strategy is based on tracking new crypto listings on the Binance exchange, which can increase the token price.
An experienced trader earned $140K in less than 20 minutes by following Binance’s new cryptocurrency listings!
As soon as Binance announced the listing of the $MOODENG perpetual contract, investors purchased a large amount of MOODENG tokens. The value of the investor, who purchased 2.77 million MOODENG tokens using 1300 $SOL, increased rapidly after the listing.
Details of the Strategy
After Binance launched the perpetual contract, the value of MOODENG rose exponentially. In this way, 1300 $SOL turned into 2.109 $SOL and a profit of 809 $SOL was obtained. This resulted in a profit of approximately 140 thousand dollars. With the same strategy, the investor earned another $17,000 when he also listed the $GOAT perpetual contract on Binance.
Entering crypto trading requires seizing the right opportunity at the right time. The investor’s success was made possible by investing in trending cryptocurrencies at the right time (before Binance listing).
Is the New Listing Strategy Suitable for Everyone?
The new listing strategy, although it looks simple, is a challenging trading strategy where a small mistake can lead to huge losses. Investors need to actively follow new listings and evaluate the right opportunities.
As hundreds of new cryptocurrencies enter the crypto market every day, only a limited number of successful ones attract the attention of investors. Therefore, it is important to quickly identify potential tokens, exchange listings, and when to enter and exit the trade.
However, this strategy is not suitable for every investor. Factors such as market fluctuations, liquidity issues and high trading volumes can make trading attempts difficult. However, some investors have managed to have success with this strategy, making it a popular option within the industry.
When considering such crypto trading strategies, it is important for investors to follow the market closely and evaluate the risks well. Success is possible by making the right decision at the right time.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
