CoinBase IPO.🌏 "Buy the rumor, sell the news" ⚠️
❓ Buy the rumor = at the beginning, an event related to an asset is announced, the consequence is a "PUMP" 📈
❓ Sell the news = then the event occurs, the consequence is a "DUMP" 📉
❗ Expertise when you don't have it is like a parachute, you crash!
ℹ️ To Know: over 60% of the 7000 IPOs made from 1975 to 2011 showed negative returns after 5 years on the market (ref. #UBS analysis - Professor Jay Ritter.)
💡 Calculate and measure your risks regardless of the sound of the bell you hear! It is also important to take a step back and not to act under the influence of emotions - Trading is not Casino -
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🔘 Day Signal = Neutral.
"The more the price goes up at the start, the harder the fall!"
"Trading is the art of patience!"
