why to short BNB after CELER ICO, #CELR #Binance #BinanceLaunchpad
The token sale will take place on 19 MARCH 01.00 PM UTC
Looking at the historical data of BNB coin behavior before and after the recent Binance Launchpad ICO sales, I can conclude that shorting BNB prior to the sale will be very profitable!
Ill explain why:
- ##BitTorrent (#BTT) ToKEN SALE Started 28 JAN 2019 03:00 PM UTC
finished 03:26 PM UTC
-10.20% in 19 minutes
So we could get 10% of profit by shorting it right after the ICO started.
Moreover, if we would short BNB 2 hours before the token sale we could catch almost -15% Price drop
binance article with the time of completion: https://www.binance.com/en/blog/296665704096014336/Binance-Launchpad-BitTorrent-Token-Sale-Results
- ##FETCH (#FET) Started 25 FEB 2019 - 02:00 PM UTC
Finished 02:11 PM UTC
- 6.43% in 12 minutes
So we could get 6.4% profit by shorting it right after the ICO started.
and if we would short BNB on the evening before the token sale (24 FEB 09:40 PM UTC) we could catch 9% profit!
Less than with BTT token sale but still good, don't you agree?
binance article with the time of completion: https://www.binance.com/en/blog/306759139536019456/Binance-Launchpad-FetchAI-Token-Sale-Results
Obviously this token sale will be the same, however, I am expecting less profit, in the short term, but still, it is worth a try!
Oh And I forgot to mention that WE can MARGIN SHORT BNB with a maximum of 10x - hence resulting in the following profits for past data
BTT
if shorted with 10X after start 102% Profit
if shorted with 10X the night before 150% profit
FET
if shorted with 10x after start 64% Profit
if shorted with 10x the night before 90% profit
We can short BNB now on BitMax
So we need to register on BitMax and prepare to short BNB before the CELR Token sale (which will take place on 19 MARCH 01.00 PM UTC)
If you find my info valuable please say thanks and register on BitMax with my referral link!
THANKS!
Register here:
