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Cryptocurrency discussions / Re: What tokens are trending?
« Last post by jeraldskie11 on Today at 03:32:55 PM »Shouldn't we choose tokens that are not yet trending, and hold when the trending arrives? Logically, if the token is trending now, there is a big possibility that its bullish period will soon come to an end... and after that there will be a moment of correction or even bearishness. So investing in tokens that are already popular or trending will likely only increase investment risk, because it's too late to catch the moment.You have a point, but I will choose with trending tokens than those trends are over. Most altcoins rely only on the movement of Bitcoin, therefore whatever the trend of Bitcoin is, altcoins will follow. Now, if you pick currencies that have already completed their bullish trend, it will be tough for him to break the previous high since there are so many sellers above; but, if you choose trending currencies, there is no obvious resistance to break. So trending coins have a higher potential reward than non-trending currencies.