Strategies for trading altcoins

[debra]

Since normal traders have no control over it, it is difficult to determine which coins will increase and which will decrease in price. Moreover, those who are whale investors do not know about their investments.

No trader can know perfectly the price changes. We only can guess the price to 'decrease or increase' because of some factors. This has no 100% accuracy even if we are professional or experienced traders. It depends on the market condition and the news about crypto recently. Anyway, for the whales, they have the ability to dump or pump the prices. Group of whales understand well the way to manipulate the market, so they can make temporary dump or pump.

So holding seems effective to me as a simple and most effective strategy. If one can keep investing in top altcoins according to his/her ability then his/her investment will be profitable after a long period of time.

Choosing top altcoins is a good idea. I personally prefer to choose top altcoins over random altcoins. Top altcoins have big market caps and we have many exchanges to trade the altcoins. We also don't need to worry because of the possibility of delisting because top altcoins have good fundamentals.

[Bobcrypto]

the strategy you use in buying BTC is also the kind of strategy for altcoins but most of these people will just say buy low sell high.
seem a very simple strategy when a person hears it. its the kind of words that will encourage a newbie to actually invest in all kind off assets as long as they see the price is already cheaper compare to its price last week.

i think an investor should just look at the price in the 3month chart and use the RSI to determine whether price is good or not. deciding to buy low sell high is probably clear from that birds eye view chart.

Mate, the strategy for trading Bitcoin may not be the same for altcoins. There are market Trends and chart patterns, there technical and fundamental analysis used, very important when trading; LTF/HTF,  Daily/weekly/monthly averages also makes trading easy etc.
Now, Bitcoin has it own trends, moving averages, resistance and support levels at certain time which may be very different from many altcoins, and altcoins trends, moving averages, resistance/support levels are never the same.
even with each altcoins. In conclusion, trading requires basic knowledge and experience to succeed.

[JISAN]

I have been seeing many threads , but the truth is there is none where someone shares their strategies to win with altcoins, I have a friend, he has a group of signals, I am not Really in that group, but I know that he is a person who has had some Success , according to the information I was Able to get from him (since he is very selfish) many years ago , he only calculates the time that passes between bullish peak and bullish peak to be able to put money in, wait and then win, I don't know if it is a good strategy I don't know if anyone applies others, anyone who wants to share is Welcome.

Many people give trading signals in telegram groups or channels for less money. Most of them group/channel owner or admin cannot do any kind of analysis himself. He takes signals from other traders and shares them there for extra income. So beware of these groups or channels. Do your own research for trading and then trade. From this you will get practical experience through which you yourself will gradually become an expert in trading. But you can follow someone's signal to match your prediction. then you will realize how much of an expert you are becoming slowly

[milewilda]

I have been seeing many threads , but the truth is there is none where someone shares their strategies to win with altcoins, I have a friend, he has a group of signals, I am not Really in that group, but I know that he is a person who has had some Success , according to the information I was Able to get from him (since he is very selfish) many years ago , he only calculates the time that passes between bullish peak and bullish peak to be able to put money in, wait and then win, I don't know if it is a good strategy I don't know if anyone applies others, anyone who wants to share is Welcome.

Many people give trading signals in telegram groups or channels for less money. Most of them group/channel owner or admin cannot do any kind of analysis himself. He takes signals from other traders and shares them there for extra income. So beware of these groups or channels. Do your own research for trading and then trade. From this you will get practical experience through which you yourself will gradually become an expert in trading. But you can follow someone's signal to match your prediction. then you will realize how much of an expert you are becoming slowly

If you are really just that making use of your own common sense then you wont really be finding yourself to join up with these groups. Why? you are aware at least that if they are really that
called professionals or veterans towards this market then they wont really be wasting up their time into having these peanut amounts that they could really be able to take.
This is why it would be ideal that you should really be that focusing into your own trading strategies rather than on making yourself that depending into those so called experts.
Whether you would really be making up some trading with Bitcoin or with altcoins, it would really be just that sharing up on the same sentiment.

[bounceback]

Choosing top altcoins is a good idea. I personally prefer to choose top altcoins over random altcoins. Top altcoins have big market caps and we have many exchanges to trade the altcoins. We also don't need to worry because of the possibility of delisting because top altcoins have good fundamentals.

Some time top altcoin can't guarantee keep earn much profitable such as the investor hold or investing with Matic coins, recently announce will delist from Binance and rebranding become POL coin but can't guarantee will have the same price with Matic or not.
Many top altcoin failed reach higher price right now and not profitable yet when investing our assets indeed with many top altcoin, I think must selective when investing with top altcoin and prefer only with Ethereum, Binance and Solana are most profitable coins with faster recovery.

[LUCKMCFLY]

Many people give trading signals in telegram groups or channels for less money. Most of them group/channel owner or admin cannot do any kind of analysis himself. He takes signals from other traders and shares them there for extra income. So beware of these groups or channels. Do your own research for trading and then trade. From this you will get practical experience through which you yourself will gradually become an expert in trading. But you can follow someone's signal to match your prediction. then you will realize how much of an expert you are becoming slowly

It is very true, they can do all those types of practices, but you have to see that what one must commit to is that when you are in those groups everything is up to luck, it is like crossing an avenue with a person you don't know and with blindfolds on and earplugs in, you must fully trust that person, therefore when people are willing to take those risks, I truly admire them, because I am not capable of doing it, it is like putting my money for someone else to work for, I would not feel comfortable, that is why I do not recommend it, what I recommend is reading books and learning to have your own criteria and to be able to operate.

[Ricardo11]

I have been seeing many threads , but the truth is there is none where someone shares their strategies to win with altcoins, I have a friend, he has a group of signals, I am not Really in that group, but I know that he is a person who has had some Success , according to the information I was Able to get from him (since he is very selfish) many years ago , he only calculates the time that passes between bullish peak and bullish peak to be able to put money in, wait and then win, I don't know if it is a good strategy I don't know if anyone applies others, anyone who wants to share is Welcome.

Many people give trading signals in telegram groups or channels for less money. Most of them group/channel owner or admin cannot do any kind of analysis himself. He takes signals from other traders and shares them there for extra income. So beware of these groups or channels. Do your own research for trading and then trade. From this you will get practical experience through which you yourself will gradually become an expert in trading. But you can follow someone's signal to match your prediction. then you will realize how much of an expert you are becoming slowly

Yes brother, I also agree with you, the signals sent by those groups of trading signals may not always be correct. Trading is a very sensitive thing, here you can never proceed by relying on others with zero knowledge, here it is very important to do your own research, learn trading by yourself and do your own research, when you learn trading by yourself it will be very profitable for you will be.

[LUCKMCFLY]

Whether you would really be making up some trading with Bitcoin or with altcoins, it would really be just that sharing up on the same sentiment.

Yes, indeed it is a fact, when we as traders make our bets in the markets, we always aim to have good results, but it is still difficult , I like to trade only with bitcoin and it is the asset that has a life of its own, for me altcoins are very delicate, you have to know how to handle them , know how to operate them, because they are very delicate in the sense that if bitcoin goes up or down, they drop in price in an incredible way, they are very Susceptible, although I really admire those traders who win with their good altcoin pumps.

[Asiska02]

Different strategy works for different people. You may see my strategy but trying to apply that type of my strategy might cost you to lose some money because you’re just applying a strategy without confirming or learning about it.  A lot of validations is needed in order to say that a strategy is good and better to use for a trade. Those that share signals are only getting better in their strategy and making their self more knowledgeable about the market.

In their bid of not allowing their users not to fall short of signals, they become better and better because of how they stay long to analyse a trade before sending to their users that have subscribed under them. The market is large but people believe they all follow the same pattern over and over again; and that if you’re able to master them very well, they can be easily traded. This is similar to all coins and not those on pump and dump list.

[LUCKMCFLY]

Yes brother, I also agree with you, the signals sent by those groups of trading signals may not always be correct. Trading is a very sensitive thing, here you can never proceed by relying on others with zero knowledge, here it is very important to do your own research, learn trading by yourself and do your own research, when you learn trading by yourself it will be very profitable for you will be.

Under any Circumstances , the mere Fact of Doing things right lies in learning Ourselves , for example , We read a book and there that book will leave us with a learning , then we Continue and read at least 3 or 4 more books , we already have a much more Established Consensus and we can see the Information of other traders and realize what is Really true and what is not , for that reason the concert will always be power, and those who have their Groups believe they can correctly know the Movements of the market , but they are Wrong , and it is normal , but if there is a Group of signs where the person Pays, mistakes Should not be made , then it is Better to have our Own Criteria and always see the criteria of others.

[UNIVERSE]

One of the reason on why people are still that a fan on buying up a coin even if its on kissing on the floor already is that they do hope for some pump up because this is considered
to be the best entry point on which it would really be that causing that massive profits on the moment that they would really be able to hit up the right spot.
Well, its not something that new because opportunity is really there if you do really know on what you are dealing on. Risk is there but
it would be something rewarding at the moment that you would be able to hit up the right spot.

Indeed. People buy the coins who already dropped much because they expect there will be huge pump in the future. They think it is the time to buy at the dip but sometimes the price is getting worse. There is no guarantee that the price of crypto coins will increase again, no guarantee for the pumps. I've experienced this, I bought SUN token in 2021 but it ended up with losses. I think the best way to buy coin at the dip price is buying Bitcoin. Whenever there is a massive dump, it always his a new ATH in every bullish season.

[milewilda]

One of the reason on why people are still that a fan on buying up a coin even if its on kissing on the floor already is that they do hope for some pump up because this is considered
to be the best entry point on which it would really be that causing that massive profits on the moment that they would really be able to hit up the right spot.
Well, its not something that new because opportunity is really there if you do really know on what you are dealing on. Risk is there but
it would be something rewarding at the moment that you would be able to hit up the right spot.

Indeed. People buy the coins who already dropped much because they expect there will be huge pump in the future. They think it is the time to buy at the dip but sometimes the price is getting worse. There is no guarantee that the price of crypto coins will increase again, no guarantee for the pumps. I've experienced this, I bought SUN token in 2021 but it ended up with losses. I think the best way to buy coin at the dip price is buying Bitcoin. Whenever there is a massive dump, it always his a new ATH in every bullish season.

Not all coins that are kissing on the floor or simply on the bottom will really be that  giving out that assurance that it will really be making out some comeback or pump in the future.
Of course there would really be several factors on which this could really be affecting out overall result. To those who are old or veteran already into this market then
they do know on what they are doing but of course every step that we do make will really be having that corresponding risks that needs up to consider. It will really be just that up to you on how you would really be doing it.

[Asiska02]

Mate, the strategy for trading Bitcoin may not be the same for altcoins. There are market Trends and chart patterns, there technical and fundamental analysis used, very important when trading; LTF/HTF,  Daily/weekly/monthly averages also makes trading easy etc.
Now, Bitcoin has it own trends, moving averages, resistance and support levels at certain time which may be very different from many altcoins, and altcoins trends, moving averages, resistance/support levels are never the same.
even with each altcoins. In conclusion, trading requires basic knowledge and experience to succeed.

Having the basic knowledge and normal trends of the market, the fundamentals and technical analysis of the market and many more factors that determines how to trade the market is a general knowledge that every trader should get acquainted with if they want to have a positive outcome of their results when they trade the market. Bitcoin may differ to some extent with other altcoins because of its resistivity of being influenced or manipulated by the market. The decentralized nature of it makes it hard to be manipulated just like other altcoins. Altcoins should be traded carefully as they are very much prone to manipulations than your basic analysis of the market working for you.

[Prime]

Having the basic knowledge and normal trends of the market, the fundamentals and technical analysis of the market and many more factors that determines how to trade the market is a general knowledge that every trader should get acquainted with if they want to have a positive outcome of their results when they trade the market. Bitcoin may differ to some extent with other altcoins because of its resistivity of being influenced or manipulated by the market. The decentralized nature of it makes it hard to be manipulated just like other altcoins. Altcoins should be traded carefully as they are very much prone to manipulations than your basic analysis of the market working for you.

Having the knowledge isn't a trend, it is basic matter for trading or investment in crypto. How do you know the proper strategy if you don't have the knowledge? It is a big question for the people who don't care with the knowledge.

Fundamentals and technical analysis are 2 approaches to determine entry and exit in trading. We know the potential of crypto coins with this analysis. Sure, we must be careful to anything in crypto, including in trading. We don't buy random coins without analysis, we don't buy blindly. We also must be patient to determine the time for selling the coins, too.

[NotATether]

I have been seeing many threads , but the truth is there is none where someone shares their strategies to win with altcoins

Well that is obvious because this board hardly gets any posts. You'd think that a board that is a "way to stay updated with the lastest pumps and dumps. so you don't get burned" would have way more topics about all this stuff, similar to cryptopanic, but the lack of activity here actually has as a detrimental affect on the ability for people here to avoid getting burned (unless you get your news from elsewhere).