As a seasoned analyst with over two decades of experience in the stock market and crypto space, I must admit that the recent $3M haul by a crypto trader in just 1 hour has left me both impressed and somewhat envious. Having seen countless bull and bear markets, I’ve learned that profits are there for those who are willing to take calculated risks and seize opportunities when they present themselves.
Bitcoin reached an unprecedented peak of $81,000, which sent ripples through the cryptocurrency market, tilting it towards a bullish trend and encouraging crypto traders to aim for fresh earnings. This surge was accompanied by major digital currencies charting a new bullish course, with some even touching record highs. By aligning the market conditions with an effective crypto trading approach, one trader managed to amass $3 million in a single hour, leaving his contemporaries awestruck. Thus, he underscored the market’s potential and demonstrated that lucrative opportunities await those who seize them.
Trader Made $3M In Crypto Trading With New Listing Strategy
Despite the advanced technology and its decentralized nature, what draws people to this field is crypto trading. The allure lies in observing others reap profits, a phenomenon reminiscent of the success stories in this industry. For example, consider a crypto trader who amassed millions within an hour by adopting the new listing trading strategy.
According to a Lookonchain post, a trader raked in approximately $3 million within an hour by keeping tabs on the Binance listing for the $ACT token. Right before the listing, he invested about 1,558 $SOL, which is equivalent to around $318,000, and acquired 10.9 million $ACT tokens.
A savvy trader has made over $3M in just 1 hour by monitoring #Binance‘s new cryptocurrency listings!
Moments following #Binance adding $ACT to their listings, he swiftly invested 1,558 $SOL, equivalent to $318,000, to acquire an impressive 10.9 million units of $ACT. This investment now holds a value of approximately $3.4 million!
— Lookonchain (@lookonchain) November 11, 2024
Remarkably, the trader’s approach to trading $ACT proved successful; his initial investment swelled to an impressive $3.4 million following the listing, which significantly boosted the token’s price. This suggests that he likely purchased the token when it was priced at a mere $0.02 and sold it when its value increased tenfold. Had he held onto 10.9 million tokens at the time of reporting, their worth would have been approximately $3.76 million, given that the price of $ACT had risen to $0.3455 by then.
What is a New Listing Strategy and Does It Work?
One way to rephrase that in a more natural and easy-to-understand manner is: The fresh strategy for trading involves keeping tabs on an exchange’s token listings and purchasing the token before it becomes live. This method is straightforward and efficient because it concentrates on the hype generated by exchange listings. Whenever a well-known exchange lists a specific cryptocurrency, there’s a surge in investors wanting to buy and trade it, which boosts its value. Consequently, if a crypto trader buys the listing token at the right time, they stand to earn substantial profits.
However, it is not entirely simple, as the investor should check out all major and popular crypto exchanges and their listing. More importantly, it requires timely investment in those tokens (even before the listing goes live), monitoring the prices past the listing, and selling before the hype ends and the price declines again. This can make it challenging, as timing is everything here. However, this crypto trader succeeded with that, making $3M in 60 mins.
As a researcher, I recently observed another trader earning an impressive $140K in merely 20 minutes by employing the same trading strategy. This finding underscores the effectiveness of this hidden approach.
What Is In There For You?
This crypto trader’s achievement of making $3M in such a short time confirms the profitable nature of the crypto market and the success of this crypto trading strategy. However, such incidents do not happen often or require high efforts to place the right time trade. Not to forget, this particular strategy does not work for every trader, so an individual should look for something that suits their skills and time. It is perfect for experienced investors who are aware of market trends and how investors would react to new listings. Regardless, the ongoing crypto market selloff is an investment opportunity, as many popular cryptos are declining after earlier rallies.
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2024-11-11 14:42