Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Pump & Dump => Topic started by: LUCKMCFLY on March 19, 2024, 05:00:02 PM
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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.
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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.
There are different strategies in trading altcoins In the cryptocurrency space. For example we have the dollar cost averaging that Involves investing a setting amount of money into a particular coin frequently even though there are rise and fall of the market. We also have the technical analysis that Involves studying and observing charts and trying to predict or forecast future price movements, these are mine few strategies of trading an altcoin. If have more of these please list it below.
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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.
There are different strategies in trading altcoins In the cryptocurrency space. For example we have the dollar cost averaging that Involves investing a setting amount of money into a particular coin frequently even though there are rise and fall of the market. We also have the technical analysis that Involves studying and observing charts and trying to predict or forecast future price movements, these are mine few strategies of trading an altcoin. If have more of these please list it below.
Yes, in fact, I think that in altcoins the technical analysis applies even more because they are currencies that basically depend on bitcoin, so I think that before Doing any analysis of an altcoin, we have to give an idea of what bitcoin can be in reality. the time we will trade, to be able to decide, some see the capitalization, others see the number of eqeu traders enter and make the whales look, of course it depends on the exchange, I have a friend who sees the altcoins, but in kucoin and who He determines when a whale enters and starts making his endenica bllish Move and he buys and says he wins, of course what he does is not bad, he says he sees the move before because of the volume, maybe it works, but I think Strategies are much more volatile in altcoins than in bitcoin.
I have done technical analysis on bitcoin and with the Wyckoff method , or of course in the medium and long term, I don't know if it also applies to the behavior of altcoins.
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the indicators to use in trading altcoins are just the same. i think the strategy you use in trading BTC/USDT can be applied on ETH/USDT or XMR/USDT. there are just more liquidity on BTC than in altcoins specially if you pick the ones with less volume.
i tried trading ADA/USDT recently, spot market is always a waiting game. its just better to trade when the market is bullish.
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I have been seeing many threads , but the truth is there is none where someone shares their strategies to win with altcoins,
It is because, trading strategy is a private thing for certain people. They don't want to share to others because they don't want other people to follow them. If people follow it, people will blame them. So, professional traders will keep it secretly. They only showed the strategy to close people only. But it is also risky because the close people will blame us if they fail.
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The strategy includes average where the investor achieves profits and where he achieves losses, but the average is profits, traders share their profits and do not share their losses to delude those who follow their badges that they are always successful and do not cause losses and the truth is that from every 10 trades you make, there are at least 3-5 trades that may be losing and most importantly The final outcome is profits.
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Personally, I only trade some good altcoins, not all of them, especially when the market is bullish because there are many opportunities. Sometimes I rely on my own strategy and other times on some Telegram recommendations channels that give some signals.
It is not necessary to follow other people's strategies for profit. In my opinion, it is better to create your own strategy that suits your nature and your own needs in trading because every trader has different circumstances from others. With time, experience, and learning, you can acquire the knowledge necessary to form a successful strategy of your own.
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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.
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he only calculates the time that passes between bullish peak and bullish peak to be able to put money in,
Shouldn't he also make the math for the bearish low to low to buy, I assume that's when he buys and the peak is for selling.
But this is not really trading, is more long-term investing.
And I don't see this working for the majority of altcoins, they have a huge explosive growth and then they either die or go liners for a while with Bitcoin appreciation/depreciation, so a peak-to-peak indicator won't even be available!
Curious how this would even work on something like shiba inu for example..
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The best way you can enjoy altcoins is buying them during the bear market, that may be risky knowing fully that some might not come back to life again in the next circle of bull run but buying the ones that has active team and a working project is what you should buy especially the ones that raise a lot of money in funding the project. My idea idea might be late now since many good coin has recovered a lot from their losses.
I have not seen altcoins woke up like they did like last year. Could it be that the promises they made and failed investors was the reason or investors were hurt from the last market shake and didn't want to invest again? We will find out after the halving because that's basically going to be about altcoins 100%.
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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.
When we talk about strategies for buying bitcoin, we should try to use the DCA strategy which in my opinion has many advantages when market conditions have unstable price movements like now.
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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.
If we are talking about established or those legit projects and not some sort of meme coins then we can really be able to say that there would really be strategies specially if you are
really that playing for some swing or trend trades on here and not really just that come and go strategy which it is mostly been applied on meme coins as we do all know.
As for trading altcoins then it would really be varying from person to person because not all would be having on the same knowledge and skills when it comes to trading
this is why outcomes and results would really vary from person to person.
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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.
If we are talking about established or those legit projects and not some sort of meme coins then we can really be able to say that there would really be strategies specially if you are
really that playing for some swing or trend trades on here and not really just that come and go strategy which it is mostly been applied on meme coins as we do all know.
As for trading altcoins then it would really be varying from person to person because not all would be having on the same knowledge and skills when it comes to trading
this is why outcomes and results would really vary from person to person.
Well the trick of a friend who has a signal channel is that what he does is simple, he sees the signals of ups and downs according to that, he sees the term in what happened and then depending on that he makes his bets, he waits. that the pump can be carried out and from there what it does is Withdraw, that is what it does, now the pump and dump groups are something else, they are already people who meet only to push a Price so that it can reach as high as possible , that is something that can be noticed, and on Telegram there are many such groups, but I do not see how that can be very Profitable , let's say , there are always traps.