Is pre-sale a good discount price for a solid project?

I've invested in a few pre-sales on some projects. Some were golden, while a few didn't meet my expectations $J (JAMBO) broke my limit of expectations.

I came across a DeFi platform designed to deliver reliable and efficient data feeds to DeFi protocols across multiple blockchain networks, and its token, $RED, is on pre-sale with $167k total volume and a 237% increase in 24-hour, this could potentially be a gem once it gets listed. https://www.bitget.com/pre-market

What are your thoughts on the project? Please don't forget to do your own research and risk what you can afford to lose.

It's risky
Sometimes the pre-sale price is a good one
Sometimes, right after being launched, there's a strong volatility and you just lose money
In the end, it will vary depending on the quality of each project. Not all pre-sales are profitable

Pre-sale prices are probably the best floor pricing you’re going to get if the project is solid, the issue is you’re investing in projects that have yet to launch so knowing which way it’s headed is next to impossible.

It sounds promising, especially with the 24hours surge, but early hype doesn’t always guarantee long-term success. I’ll look into $RED’s fundamentals, team, and use case. As you know it is always good to stay cautious in pre-sales.

Metavois said:

It sounds promising, especially with the 24hours surge, but early hype doesn’t always guarantee long-term success. I’ll look into $RED’s fundamentals, team, and use case. As you know it is always good to stay cautious in pre-sales.

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The project's initiative is solid and helpfull to the crypto community the coin should be list today, let's see how the price action would look like.