Strategies for trading altcoins

[SmartGold01]

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.

[UNIVERSE]

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.

[milewilda]

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.

[bounceback]

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.

[pieppiep]

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.

[UNIVERSE]

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.

Actually, we can analyze which coins to have good chance for the next pump. If the project of the coins still has good progress, we can expect the next pump. Moreover, if the developers always share good information about the coins. But if there is no progress and no updated information about the project behind the coin anymore, it is very difficult to expect the next pump. It seems to drop and drop again, specifically when the demand is getting lower.

[bounceback]

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.

Unfortunately, investing in cryptocurrency have risk but take decision for investing with meme coins have huge risk behind easily coins or meme token dropping drastically, delisted from market and the developer removing the liquidity make holder or investor can't sell yet their meme coins or token.
Behind bigger risk of meme coins I believe many people or trader interested because they want earn huge profit than top altcoin only get return under 10% to 20% and difference with meme coins have profit return more than hundred percent.

[Rubel007]

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.

In cryptocurrency trading everyone tries to trade in some of his favorites by applying some strategy. Any technique can be applied in this case. But it will depend on who trades. The strategy your friend has applied is certainly good. I wouldn't think of that as a negative because emotions are useless in the trading world. Whether you consider him a selfish or something, I think he made a good decision. If a trader can patiently wait for the bullish and bearish periods of the market, the chances of making profits are high. But not everyone can wait that long. Your friend does that. I will definitely support his strategy.

[UNIVERSE]

Unfortunately, investing in cryptocurrency have risk but take decision for investing with meme coins have huge risk behind easily coins or meme token dropping drastically, delisted from market and the developer removing the liquidity make holder or investor can't sell yet their meme coins or token.

Every crypto coin is risky, no safe coin in crypto investment.
It is true that meme coin is riskier than other coins. Meme coins have no fundamentals, the price easily drop or increase because it is influenced by the hype. And many of meme coins turned to be dead coins.

Behind bigger risk of meme coins I believe many people or trader interested because they want earn huge profit than top altcoin only get return under 10% to 20% and difference with meme coins have profit return more than hundred percent.

No doubt there should be people who gain a lot of money through meme coins. If they could buy at a cheap price and they sold the meme coins at the peak, they must get a lot profits. However, it is not easy to determine which meme coins that easily give the profits. Only experienced people who can do this.

[alltalk]

In cryptocurrency trading everyone tries to trade in some of his favorites by applying some strategy. Any technique can be applied in this case. But it will depend on who trades. The strategy your friend has applied is certainly good. I wouldn't think of that as a negative because emotions are useless in the trading world. Whether you consider him a selfish or something, I think he made a good decision. If a trader can patiently wait for the bullish and bearish periods of the market, the chances of making profits are high. But not everyone can wait that long. Your friend does that. I will definitely support his strategy.

Everyone may have a different strategy in trading. I don't think it is because people choose their favorite strategy, people choose the most effective strategy to use in the current market condition. Sure, we also need to have sufficient knowledge, so we can use a certain strategy in a proper way. Even if everyone can have a different level of understanding, but I think it still can work well as long as we have sufficient knowledge/skills.

Anyway, if we want to wait for a long time, we are better choosing investment. In trading, we have a goal for a short term, it can be daily or weekly. If we target to get high profits in few months or few years, it is categorized as investment.

[SamReomo]

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.

That's how I trade altcoins, I mainly target to gain 10% to 50% from the altcoins that I trade and most of those altcoins have given me that 10% to 50% multiple times.

I guess when someone understands how the market works then that person can gain enough profits from good altcoins.

I believe such traders should have patience to wait for sometime to gain profits as sometimes it takes weeks to earn even 10% profit from some altcoins but if someone is patient then he/she will make profit from those altcoins.

[SmartGold01]

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.

That's how I trade altcoins, I mainly target to gain 10% to 50% from the altcoins that I trade and most of those altcoins have given me that 10% to 50% multiple times.

I guess when someone understands how the market works then that person can gain enough profits from good altcoins.

I believe such traders should have patience to wait for sometime to gain profits as sometimes it takes weeks to earn even 10% profit from some altcoins but if someone is patient then he/she will make profit from those altcoins.

Yes but is very difficult for us to see such nowadays because not every trader could have that patient for the market gain some certain percentage, or maybe they would think that holding altcoin for Long time will also give them something much more better. Altcoin has phase and people needs to understand them very well because when you missed one of these lines they falls apart from the track.

[Rubel007]

Since normal traders have no control over it, it is difficult to determine which coins will increase and which will decrease in price. Moreover, those who are whale investors do not know about their investments. So holding seems effective to me as a simple and most effective strategy. If one can keep investing in top altcoins according to his/her ability then his/her investment will be profitable after a long period of time. But coin selection must be done with caution. One should not invest in coins that can lose in the long run in hopes of more profits.

[milewilda]

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.

Actually, we can analyze which coins to have good chance for the next pump. If the project of the coins still has good progress, we can expect the next pump. Moreover, if the developers always share good information about the coins. But if there is no progress and no updated information about the project behind the coin anymore, it is very difficult to expect the next pump. It seems to drop and drop again, specifically when the demand is getting lower.

Mostly but there are projects that despite of being abandoned but still it is really that randomly getting pumped by some whales and this is why there are some people or investors who do really still consider on choosing up these projects on which their prices is already on the ground even if it do really shows the tendency on getting delisted due to low trading volume but still
there are really that indeed instances that they will really be having those kind of random pumps and this is where people been trying to catch up. This is something a situation on other
aspect but in general when investing or trading on altcoins then of course we would really be sticking into those established ones.

[albon]

Trading or other business and commerce is a subject of interest for many. We hear stories where millions of people are earning from the stock market. Again there are instances where people have lost all their movables and immovables. In fact it is very important to always determine the target based on the trend and price action and also determine the maximum loss you can take. Focus on maximizing growth potential by looking at trading from a business perspective. Moreover take full advantage of modern technology for up to date trading strategy. But no group signal will bode well for you if you don't master the trading completely.