Tonight, I have time to review the $saga coin and also talk about my operational logic.
At first, I didn’t know about Saga, but after joining Binance, I followed it. From the Chinese channel in DIS, it was also average in popularity, especially after joining Binance Launchpool, where there were not many people flashing the screen. It was around 4u off the market, so I went to the pool to dig some, and then I thought about how to sell it at the opening. First of all, I did two rounds of trading, and the final selling price was 5.95. The number of coins increased by 7%, which is equivalent to selling the original coins at 6.35.
Because there is research in advance and logical support, it is only through market prices that one dares to enter the market range.
There are three logical points:
- Bull market trend, recently the launch pool’s new currency is generally expected to rise after the completion of trading changes;
- Saga’s layer1 is backed by over 300 projects and has a demand for pledged airdrops;
- The initial circulation was 9000W, with half of the pool and half of the airdrops. However, from the DIS, the airdrops should have only received 1500W, and the rest had returned to the market. This means that the initial circulation was lower than stated, which many people are not aware of. Moreover, the number of airdrops among group members is generally not large, only a few dozen, and the airdrops were not fully unlocked by the opening of the market.
These are all the logical points that support not rushing to sell at the opening. Although it eventually reaches 8, it only earns money within the understanding. Everyone is not a god, and if they can sell to a high point, there is logical support. With each round of review, there will be progress, and the understanding will become higher and higher, and the returns will naturally follow the understanding. The above pure and nonsensical remarks are for reference only. As a novice, if you have similar ideas, you can add a follow and communicate together in the future. In the next article, I will write about ENA’s review ideas.