Taking ZAMA as an example, I opened a short position at 0.16. After reviewing the rules and details, calculating the starting bid scale of 55M, I felt there was a chance. As soon as the announcement was made, the price dropped to 0.09.

This is the true picture of playing with new coins—every day you have to keep an eye on it, like gambling. Really, once a major exchange announces something, you only have 15 minutes. In those 15 minutes, you need to understand what this coin is, whether you can get on board, whether to go long or short, and also figure out where the long and short logic lies.

But it’s precisely because of this that if you catch this window correctly, you can basically position yourself in the most comfortable spot. By the time others react and the market has already soared or plummeted, it’s too late to ask if you can get on board. The information gap is just so cruel.