Altcoins Talks - Cryptocurrency Forum
Learning & News => For Beginners => Basic Questions about Cryptos => Topic started by: NewspaperD2 on September 12, 2023, 07:49:31 AM
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Required Conditions:
The price has dropped by 50% from its peak (preferably in the range of 70-80%), and the chart moves sideways for a certain period. A sideways chart is a sign that Market Makers (MM) are accumulating tokens. It's preferable to choose coins with market capitalizations ranging from $50-70 million because these smaller caps are easier for MM to push up. For example, a coin like OP has dropped over 80% in price and has had a sideways chart for some time.
The project is still active.
Few people are paying attention to it.
To find an appropriate entry point for a coin, you can analyze its tokenomics. For instance, if CTK had a private sale price of $1.9 and its current price is $0.8, this might be a favorable zone because at this price, MM hasn't been able to offload their holdings due to the price significant difference compared to the private sale price (Note: This is just an example and not investment advice. You can apply this tip to other coins).
Diversify your investments rather than buying at a single point.
Sufficient Conditions:
Check if any significant funds on Telegram, companies, or conglomerates have invested in the coin. Look for influential backers. For example, Sol has Sam Bankman-Fried (SAM BANKMAN-FRIED) behind it, and with an influential figure like CZ, there's a greater likelihood of price surges. CZ has more influence than Sam in this context.
Prioritize coins or tokens with backing from both:
Established whales and venture capitalists who have suffered losses.
New whales enter the market with significant investments.
Buying Timing:
Avoid buying during periods of token inflation.
Ensure that the general market is trending upward (never go against the market trend).
Please note that cryptocurrency investments carry risks, and it's essential to conduct thorough research and exercise caution when investing.
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my advice to not loss, just do no trade yourself if you lake experience
forward it to a professional trader and enjoy it
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Hi Caroline
Do you have any recommendations for a professional trader to forward accounts to ?
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Hi Caroline
Do you have any recommendations for a professional trader to forward accounts to ?
hi, most of members here recommend a company called frxcanal , you can check their youtube channel for the results and their website
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I guess the most confident way is have a friend or relative in project u are investing in. Prove me wrong
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Since we are talking about cryptocurrencies. My only advice to minimize the risk of your investment is to pick coins that have strong fundamentals and huge market capitalization. To easily determine them, just go to coinmarketcap then you will see the top cryptocurrencies. If you want for safest and lowest risk investment then go for Bitcoin. I assure that investing in Bitcoin will never fail you.
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Buy a coin with strong market share.
That has a problem it can solve.
Good sponsors and backers etc
And hold till you get to a desirable profit and sell some
Trading is risky and less profitable in the long run
Find good coins and diversify your portfolio.
P.S holding in a future account for quick gain is risky no matter the leverage.
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Investing from the beginning involves putting in a small amount of money initially and reaping substantial profits later on. Additionally, there is a paid group for experienced traders, although it may be costly for many individuals. Furthermore, daily trading patterns can be challenging, but by staying informed about news and project announcements, you can make educated guesses about market fluctuations. It is advisable to invest only a small portion of your funds in any given project, rather than risking all of your capital.