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The crypto trading world is constantly in the limelight with its exponential growth in popularity and investors over the decade. More importantly, many call it the place that builds fortunes with its highly profitable opportunities. Just recently, a crypto investor proved the same, as he made $140K within just 20 minutes by implementing the perfect trading strategy. However, such achievements are not simple, as years of experience and deep knowledge of the crypto market are the minimum criteria.
Crypto Investor’s $140K Crypto Trading Story
A savory crypto trader, as acknowledged by the Lookonchain page in their recent X post, figured out an impressive strategy to make hundreds of thousands of dollars within a few minutes. It began with the crypto investor eyeing the Binance crypto listings, which could pump the token price. Binance is one of the biggest centralized exchanges, and a listing opportunity on this could pump a token’s price to a new high and the trader figured this out.
As soon as Binance announced the $MOODENG perpetual contract listing, the investor grabbed the opportunity and bought a large MOODENG token supply. He spent 1300 $SOL to buy a 2.77M Moodeng token, whose value jumped right after the lifting.
A savvy trader has made $140K in less than 20 minutes by monitoring #Binance‘s new cryptocurrency listings!
In the same second that #Binance announced the listing of the $MOODENG perpetual contract, he spent 1,300 $SOL to buy 2.77M $MOODENG and quickly sold for 2,109 $SOL,… pic.twitter.com/9hvN44IWLa
— Lookonchain (@lookonchain) October 25, 2024
More importantly, the value grew multiple folds after Binance launched perpetual contract, turning the $1300 into 2,109 $SOL. With this, he got 809$SOL in profits, making him $140K in fiat. Interestingly, with the same crypto trading strategy, he made another 17K with the $GOAT perpetual contact listing on Binance, clearing how this is not just mere luck.
Getting into crypto trading requires the right time and the right opportunity. More importantly, it is the way to manage any profits and save from losses, and this crypto investor did the same. He invested at the right time (before the Binance listing) and in the right crypto, Moodeng, and GOAT, which are some of the most trending meme coins at this time.
Is This New Listing Strategy Perfect For You?
The new listing strategy is a simple yet challenging crypto trading strategy, where one minor mistake could cause heavy losses. Despite its simple-looking behavior, it is complicated as the crypto investor needs to look for new listings actively. More importantly, they will have to eye it on multiple popular crypto exchanges and examine the right opportunity for them.
As hundreds of cryptos enter the crypto market every other day, only a limited number of them succeed and gain the trader’s attention. So, an interested person has to be quick with every step. This includes searching potential tokens, exchange listings, and when to enter the trade and when to exit.
However, even after all this planning, this strategy is not viable for every crypto investor. Such time-bound strategies require a lot of effort and face many associated risks. It includes market volatility, which could change the crypto’s price trajectory. Additionally, liquidity could make it more challenging, and even some technical factors and trading delays due to a high volume of participants could destroy the trade attempt. Regardless, a few have succeeded with this crypto strategy, making it a popular option in the industry.
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