Altcoins Talks - Cryptocurrency Forum
Learning & News => For Beginners => Basic Questions about Cryptos => Topic started by: Chintu on March 19, 2021, 03:02:34 PM
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How to play altcoins in your opinion so as not to risk too much and at the same time use the potential of the entire market?
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First thing first you need to know the fundamentals such as DOS and DON'T.
To choose the lower risk go for the top Cryptos rather take too much risk in newly launched project.
If you are looking for trading strategies and some helpful information take a look at this
https://www.altcoinstalks.com/index.php?board=132.0
https://www.altcoinstalks.com/index.php?topic=31706.0
BTW, DYOR (Do Your Own Research) is necessary.
Have patience.
I hope it helps you ;)
Good luck
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How to play altcoins in your opinion so as not to risk too much and at the same time use the potential of the entire market?
Cryptocurrencies market always risky and unstable. Everything is possible in here.
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Speculation is an art and requires a lot of experience, so too many people are hooked :) You can change your approach and join the team of traders for a fee. Something like this crypto-signals.org, possibly other systems, but I earned the most on this, and I gave up on others due to limited readability
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Choose the one that is trending. And wait for a moment to sell it. 8)
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@coinguy that "advice" is very dangerous. If you buy a coin/token when its capitalization increases a lot, you run the risk that it will start to fall and lose the funds you have invested. What someone without experience has to do is read about the market, learn how cycles work and what they are, and when that person has a little idea, start investing small amounts. It is always best to buy when a coin/token has a low price. DYOR.