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Author Topic: Strategies for trading altcoins  (Read 902 times)

Online SmartGold01

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Re: Strategies for trading altcoins
« Reply #15 on: May 22, 2024, 07:20:44 PM »
Usually when trading altcoin there is nothing special about it rather you could target for short time projection couple with scalping, let say you can buy some altcoin and target when the market gains like 3 to 10 percent then you can sell immediately without holding for long. The next could be within bull run, you should pick out some good coin that are good or that easily increase in price so quickly without delay, when you monitor those coin correctly then you could sell when they gained little percentage.

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Re: Strategies for trading altcoins
« Reply #15 on: May 22, 2024, 07:20:44 PM »

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Offline UNIVERSE

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Re: Strategies for trading altcoins
« Reply #16 on: May 24, 2024, 01:20:34 PM »
Any shitcoin that needs pump and dump is a scam, and it is advisable that people should not invest in such project because you would not know when you will be rug pulled. Your friend should be part of the scam for him to always have the signal when the coin will be pump and he sells immediately to take profit, if not how will he know this when no one can predict the next price of a volatile coin.
Not every coin easily pumped and dumped is scam, but it is higher risk to hold that kind of coins. Most of the coins are hype coins, they only increase if they have good news. They have no clear fundamentals, they have no strong reasons to survive a long time. So even if they are not scams, investing in shitcoins are too risky. I personally prefer to invest in the most recommended coins such as BTC, ETH, BNB, SOL, MATIC, DOT, and the like. I agree that it is more difficult to predict shitcoins, so it is better to avoid them as long as there are better coins.


Online milewilda

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Re: Strategies for trading altcoins
« Reply #17 on: June 07, 2024, 06:38:43 PM »
Any shitcoin that needs pump and dump is a scam, and it is advisable that people should not invest in such project because you would not know when you will be rug pulled. Your friend should be part of the scam for him to always have the signal when the coin will be pump and he sells immediately to take profit, if not how will he know this when no one can predict the next price of a volatile coin.
Not every coin easily pumped and dumped is scam, but it is higher risk to hold that kind of coins. Most of the coins are hype coins, they only increase if they have good news. They have no clear fundamentals, they have no strong reasons to survive a long time. So even if they are not scams, investing in shitcoins are too risky. I personally prefer to invest in the most recommended coins such as BTC, ETH, BNB, SOL, MATIC, DOT, and the like. I agree that it is more difficult to predict shitcoins, so it is better to avoid them as long as there are better coins.
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.

Offline bounceback

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Re: Strategies for trading altcoins
« Reply #18 on: June 08, 2024, 05:41:50 AM »
Not every coin easily pumped and dumped is scam, but it is higher risk to hold that kind of coins. Most of the coins are hype coins, they only increase if they have good news. They have no clear fundamentals, they have no strong reasons to survive a long time. So even if they are not scams, investing in shitcoins are too risky. I personally prefer to invest in the most recommended coins such as BTC, ETH, BNB, SOL, MATIC, DOT, and the like. I agree that it is more difficult to predict shitcoins, so it is better to avoid them as long as there are better coins.
Investing in shit coin too risk but many people interested because high risk get high return profitable than top altcoin with slowly movement progress. I invested around $5k in Matic but recently almost two months got floating after investing around $1, its not always top coins recommended for investing because difficult break out higher price and got long term waiting when recovering moment back to higher price.

Shitcoin not have long term waiting for but bigger risk for us if not get scam will earn much profitable, but spend small amount only for investing in shitcoin.

Online pieppiep

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Re: Strategies for trading altcoins
« Reply #19 on: June 10, 2024, 08:47:56 AM »
Not every coin easily pumped and dumped is scam, but it is higher risk to hold that kind of coins. Most of the coins are hype coins, they only increase if they have good news. They have no clear fundamentals, they have no strong reasons to survive a long time. So even if they are not scams, investing in shitcoins are too risky. I personally prefer to invest in the most recommended coins such as BTC, ETH, BNB, SOL, MATIC, DOT, and the like. I agree that it is more difficult to predict shitcoins, so it is better to avoid them as long as there are better coins.
Investing in shit coin too risk but many people interested because high risk get high return profitable than top altcoin with slowly movement progress. I invested around $5k in Matic but recently almost two months got floating after investing around $1, its not always top coins recommended for investing because difficult break out higher price and got long term waiting when recovering moment back to higher price.

Shitcoin not have long term waiting for but bigger risk for us if not get scam will earn much profitable, but spend small amount only for investing in shitcoin.
That is the risk when we invest in meme coins. No one can provide any guarantee about the profits obtained from meme coins. Maybe you can divide the capital you use in Matic and buy Solana which currently has a lot of price movement and has the potential to provide profits. Please remember that all cryptocurrencies will always have risks, so do your own research.

 

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