Short Term Trading Altcoins and Meme Coins?

Fredomago

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Quote from: bettercrypto on May 24, 2024, 02:14:23 PM

Quote from: jerry0 on December 02, 2023, 02:46:03 PM

Anyone here who trade altcoins and especially memecoins and give insight on this? Also it's hard to 5x even with altcoins now right? But memecoins it isn't? Just the risk is much higher? Now if you could buy 5 memecoins and one of them 10x and the other ones go to zero... then you profit right? Also do all memecoins and altcoins go to 0? Or it's always like $0.01 or $0.0000001?

It depends on the altcoins or meme coins that you hold. That's why if you are a long-term holder who is an investor, you should really know how to analyze potential cryptos in this business industry. You must really be a crypto hunter, whether it is altcoins or meme coins.

If only we knew what was going on, we would surely get rich in cryptocurrency, and there are many such things in this field. Specifically in meme coins. If you are wrong about an altcoin or meme coin, it is possible that your holding assets will drop to zero.

You need that skills that will allow you to anticipate though it's not an eay task as we really don't know what will be the future of our hold assets, we are just believing from how we assess and analyze the projects, but the assurance we can't say that we can easily conclude that the project will boom and will deliver what we think will happen after we invested our money.

Though, keeping that research and continue analyzing each potentially assets that will bring you fortune, something that you can keep on doing to find the right alt or meme project that will be generous to give you decent benefits.

enwi

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Memecoin like as Shiba, Doge, and PEPE are altcoins that are very suitable for short-term trading, their very fast price movements provide a lot of profit for us as daily traders. We just need to read the situation and remain confident. Also make sure we don't make decisions too quickly and when we are trapped at high prices, keep saving assets and wait until the price rises again. What is certain is that daily trading will not always make a profit. There are times when we will be trapped at high prices.

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Quote from: bettercrypto on February 24, 2024, 07:40:24 PM

For me, it probably depends, because I have altcoins that I want, and I also have meme coins that I want to hold for the bull run that is coming this year. Because in truth, we can get the same earnings from these two, so if we can get a profit from these two, why would I buy from them if I can have the same?

Then I'm not just focused on holding on to one meme, coin, or crypto. I believe that there are potential altcoins and meme coins in the market; in short, they cannot be separated from the market and can provide good savings in the future.

I don't think there is different between altcoins and memecoins. Any project that is not bitcoin, it is an altcoin though some analyst put it in this way, cryptocurrency started from the Grass Root of airdrop and from the Airdrop, it migrated to memecoins and from memecoins it would changed to altcoin. And these are the process of changing. But experts said all are the same. Though that is not the course of discussion. And let me come to the main point of discussion.

In cryptocurrency investment it is bet to invest for long term and not short term through some investors are agitating that it is good to invest in short because you don't know what will happen in the next move of the altcoins.

bettercrypto

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Quote from: jerry0 on December 02, 2023, 02:46:03 PM

Anyone here who trade altcoins and especially memecoins and give insight on this? Also it's hard to 5x even with altcoins now right? But memecoins it isn't? Just the risk is much higher? Now if you could buy 5 memecoins and one of them 10x and the other ones go to zero... then you profit right? Also do all memecoins and altcoins go to 0? Or it's always like $0.01 or $0.0000001?

It depends on the altcoins or meme coins that you hold. That's why if you are a long-term holder who is an investor, you should really know how to analyze potential cryptos in this business industry. You must really be a crypto hunter, whether it is altcoins or meme coins.

If only we knew what was going on, we would surely get rich in cryptocurrency, and there are many such things in this field. Specifically in meme coins. If you are wrong about an altcoin or meme coin, it is possible that your holding assets will drop to zero.

Gaza13

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Quote from: bettercrypto on May 22, 2024, 03:45:29 AM

That depends on your understanding of trading here in the crypto space. If you are confident enough in what you know about crypto trading, you will definitely make a profit, and that depends on the coins you choose, whether they are meme coins or altcoins.

As long as you remember that crypto assets are very volatile and often happen here, we hope it doesn't happen. But if your analysis is realistic, it is really possible to get a profit because of the knowledge you have studied. But if you know that your knowledge is not enough but you are still studying it while at the same time you are doing crypto trading, that is a good habit.

If someone wants to invest, they should be equipped with knowledge first before they determine the assets they choose. I agree with what you said, this depends on how someone chooses the right asset, in my opinion it is better to choose alt which has very good fundamentals and has been proven that in the previous 5 or 10 years they can survive until now compared to choosing meme coins, it is very risky to own. It is true that everyone in their investments wants a profit that they want to have, but you need to remember that there is no investment that is short and quick to get profits, you have to be patient to get optimal profits.

malah

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Quote from: Oneandpure on May 22, 2024, 11:00:45 AM

For meme coins is worth as short term trading and can't guarantee earn much profitable when long term trading, most of meme coins over their hype after listing on the top exchange market and get price stuck with difficult break out more higher price before listing on many top CEX exchange. Many time, meme coins can't existing raise to higher price after announcing list on the top exchange indeed its good moment guarantee with meme coins not get scam behind has transaction volume and guarantee available for selling or buying.
Difference with meme coins listing on Dapp only has potential will remove liquidity and developer has full power to make their meme coins become scam and can't sell any more.
Short term trader interested with meme coin because faster possibility earn much profit than other altcoin or old coins, but need to make research firstly before investing on the right meme coins.

Meme coins cannot provide a guarantee of always making a profit, but we can see how the price movements of Shiba, PEPE and Dogecoin are currently among the best meme coins ever. All three are listed at the top of coinmarketcap. This is what ultimately leads to many developers trying to create a new meme coin with the aim of equalizing its position with the three meme coins which currently have quite a lot of trading volume and support.

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Quote from: rodskee on May 22, 2024, 06:46:31 AM

Quote from: R100K-Martin-Lunger on December 04, 2023, 05:58:02 AM

Personally, I go with Short term trading of Altcoins. I rebalance my portfolio while constantly monitoring the market with the help of AI and make my trades based on the data I receive and what I see myself. Its been working really well for me as well.

yeah specially memecoins that is hard to trust for long term because there are lots of thing
that we must consider , there are top coins that we can consider good for long term like bitcoin
but the problem is that only few that is best for this.for me better to consider bitcoin for long
term and at least Ethereum down to top 20 coins and aside from that? nothing that I can add
more.

meme coin mostly hard to hold for long term since they usually lost value, but i'm only talking about meme coin that never make it to the big exchange though.
the ones that make it to the big exchange usually can hold pretty good for long term, yes i'm talking about doge, shib, pepe, and even the newer meme coin wif. they make it to the big exchange and they for sure keeping that market capitalization that is quite big compared to normal altcoins.

so its rather depends on our selective strategy against these meme coin if we ever think of investing in them.
though i will only put very small amount of money to meme coin because its a roller coaster ride with meme coin.
i prefer altcoin more for trading, because if an altcoin with good product dumping so hard only fraction of value left as long as team keep giving out update to their product it has the chance of recovery.
like how jito was dumping so hard now it come back.

Bushdark

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Quote from: bettercrypto on February 24, 2024, 07:40:24 PM

For me, it probably depends, because I have altcoins that I want, and I also have meme coins that I want to hold for the bull run that is coming this year. Because in truth, we can get the same earnings from these two, so if we can get a profit from these two, why would I buy from them if I can have the same?

Then I'm not just focused on holding on to one meme, coin, or crypto. I believe that there are potential altcoins and meme coins in the market; in short, they cannot be separated from the market and can provide good savings in the future.

Trading altcoins is just as same with trading Bitcoin because once the price of Bitcoin goes down, it will affect so many altcoins in the market which could make their price to go down drastically.
Meme coins are also very volatile and they could be pumped and dumped anytime without our knowledge that is why a trader would have to be prepared for any thing that could happen in the market and make use of stop lose to avoid unconscious loses. Trading is more of skill, information and risks management for us to keep making profits from the market.

AnonBitCoiner

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Quote from: Negotiation on May 20, 2024, 07:52:52 AM

It's true meme coin has a very low chance of profit investors who hold meme coins with little knowledge of the market will not be able to profit in the short term. They don't know how to raise prices if you want to make money, meme coins are far away so instead of meme coins there are better altcoins that are above the coin market cap which are good money earners.

People can just buy meme coins but their worthiness is not always guaranteed so sometimes you win and sometimes you lose through meme coins investment. If the price is going to pump then you should sell your coin in greater worth and this is the only reason through which Meme coins investment will be profitable for you.

I think people should move towards other types of altcoins because there are not only meme coins present in the crypto industry so one should not lose his money with the inspiration of making more money. An investor is responsible for his defeat by himself because nobody chooses coins for him but that's he who chooses wrong or accurate investment coins as a consequence of which either he loses or wins in his investment.

Oneandpure

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For meme coins is worth as short term trading and can't guarantee earn much profitable when long term trading, most of meme coins over their hype after listing on the top exchange market and get price stuck with difficult break out more higher price before listing on many top CEX exchange. Many time, meme coins can't existing raise to higher price after announcing list on the top exchange indeed its good moment guarantee with meme coins not get scam behind has transaction volume and guarantee available for selling or buying.
Difference with meme coins listing on Dapp only has potential will remove liquidity and developer has full power to make their meme coins become scam and can't sell any more.
Short term trader interested with meme coin because faster possibility earn much profit than other altcoin or old coins, but need to make research firstly before investing on the right meme coins.

STINKYBEE

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Quote from: Negotiation on May 20, 2024, 07:52:52 AM

Quote from: STINKYBEE on May 18, 2024, 01:33:27 AM

Quote from: Tahid12 on May 17, 2024, 08:02:41 PM

Right. Not a bad idea and i already did that. some memecoins are pumped due to fud and will vanished! So that could risky cause these pumped memecoin can down anytime and you don't know if they'll get back again or not. You don't know their pick price. So that'll be risky. But holding ideas of 5memecoins are good. But for that, better top choice good memecoin. Atleast these which don't pump and pump 4-5x within hours. Doge shiba bonk bome could be an example

Bro you chose the wrong strategy to trade these coin. You were buying randomly not doing any research about liquidity locked or not, market structure, people making money from meme coins they never hold meme coins more than 15-30 minutes and always exist while in profit.

It's true meme coin has a very low chance of profit investors who hold meme coins with little knowledge of the market will not be able to profit in the short term. They don't know how to raise prices if you want to make money, meme coins are far away so instead of meme coins there are better altcoins that are above the coin market cap which are good money earners.

Meme coin are highly volatile and very very risky investments. Meme coins are often driven by hype and speculation by promotion thru influencers which can resulted sharp market price fluctuations. In addition many meme coins have no real world utility are essentially worthless.

And why all the meme coins followed same pattern on creation of same logo which represents symbolic as a pet after doge did Grin

rodskee

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Quote from: R100K-Martin-Lunger on December 04, 2023, 05:58:02 AM

Personally, I go with Short term trading of Altcoins. I rebalance my portfolio while constantly monitoring the market with the help of AI and make my trades based on the data I receive and what I see myself. Its been working really well for me as well.

yeah specially memecoins that is hard to trust for long term because there are lots of thing
that we must consider , there are top coins that we can consider good for long term like bitcoin
but the problem is that only few that is best for this.for me better to consider bitcoin for long
term and at least Ethereum down to top 20 coins and aside from that? nothing that I can add
more.

bettercrypto

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That depends on your understanding of trading here in the crypto space. If you are confident enough in what you know about crypto trading, you will definitely make a profit, and that depends on the coins you choose, whether they are meme coins or altcoins.

As long as you remember that crypto assets are very volatile and often happen here, we hope it doesn't happen. But if your analysis is realistic, it is really possible to get a profit because of the knowledge you have studied. But if you know that your knowledge is not enough but you are still studying it while at the same time you are doing crypto trading, that is a good habit.

Negotiation

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Quote from: STINKYBEE on May 18, 2024, 01:33:27 AM

Quote from: Tahid12 on May 17, 2024, 08:02:41 PM

Right. Not a bad idea and i already did that. some memecoins are pumped due to fud and will vanished! So that could risky cause these pumped memecoin can down anytime and you don't know if they'll get back again or not. You don't know their pick price. So that'll be risky. But holding ideas of 5memecoins are good. But for that, better top choice good memecoin. Atleast these which don't pump and pump 4-5x within hours. Doge shiba bonk bome could be an example

Bro you chose the wrong strategy to trade these coin. You were buying randomly not doing any research about liquidity locked or not, market structure, people making money from meme coins they never hold meme coins more than 15-30 minutes and always exist while in profit.

It's true meme coin has a very low chance of profit investors who hold meme coins with little knowledge of the market will not be able to profit in the short term. They don't know how to raise prices if you want to make money, meme coins are far away so instead of meme coins there are better altcoins that are above the coin market cap which are good money earners.

lixer

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Quote from: Tahid12 on May 17, 2024, 08:02:41 PM

Right. Not a bad idea and i already did that. some memecoins are pumped due to fud and will vanished! So that could risky cause these pumped memecoin can down anytime and you don't know if they'll get back again or not. You don't know their pick price. So that'll be risky. But holding ideas of 5memecoins are good. But for that, better top choice good memecoin. Atleast these which don't pump and pump 4-5x within hours. Doge shiba bonk bome could be an example

FUD is negative and not something that will cause a pump. Maybe what you really mean is FOMO? However it is also not positive, in a way that it makes the newbie who rush loses their money. It's not possible to know the pick/peak price of the coin but if we are dealing with the meme coins, it's more safer to sell early once you are already up even by some percent only.

Good meme coins are not like good cryptos that can give us a much guarantee pump in the long run but what a good meme coin can offer is that they can only survive longer and then their price can still get stable. DOGE and SHIB are examples of it but not BONK and BOME yet, as they are still kind a new and I heard that they are still pumping.

STINKYBEE

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Quote from: Tahid12 on May 17, 2024, 08:02:41 PM

Right. Not a bad idea and i already did that. some memecoins are pumped due to fud and will vanished! So that could risky cause these pumped memecoin can down anytime and you don't know if they'll get back again or not. You don't know their pick price. So that'll be risky. But holding ideas of 5memecoins are good. But for that, better top choice good memecoin. Atleast these which don't pump and pump 4-5x within hours. Doge shiba bonk bome could be an example

Bro you chose the wrong strategy to trade these coin. You were buying randomly not doing any research about liquidity locked or not, market structure, people making money from meme coins they never hold meme coins more than 15-30 minutes and always exist while in profit.

Tahid12

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Right. Not a bad idea and i already did that. some memecoins are pumped due to fud and will vanished! So that could risky cause these pumped memecoin can down anytime and you don't know if they'll get back again or not. You don't know their pick price. So that'll be risky. But holding ideas of 5memecoins are good. But for that, better top choice good memecoin. Atleast these which don't pump and pump 4-5x within hours. Doge shiba bonk bome could be an example

poodle63

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Quote from: bettercrypto on February 24, 2024, 07:40:24 PM

For me, it probably depends, because I have altcoins that I want, and I also have meme coins that I want to hold for the bull run that is coming this year. Because in truth, we can get the same earnings from these two, so if we can get a profit from these two, why would I buy from them if I can have the same?

Then I'm not just focused on holding on to one meme, coin, or crypto. I believe that there are potential altcoins and meme coins in the market; in short, they cannot be separated from the market and can provide good savings in the future.

its true that the profit made usually just around the same I mean a meme coin could be rising 100x an altcoin could do that too, it just depends on the coin itself.
but sometime when we are talking about risk then its different matter altogether, the risk with meme coin might be higher, the price swing due to the pump and dump is massive with meme coin.
meanwhile with altcoin at least it still got that fundamental to keep the price from going to zero but with meme coin anything can happen.
so when deciding which to invest whether its meme coin or an altcoin we should be taking about the risk more than talking about the profit.
honestly speaking, most of altcoin that we see right now such as eth, bnb and solana all already have as massive gain as those meme coin if not more.

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Quote from: leonair on December 03, 2023, 06:48:14 AM

Quote from: Rehan Zakir on December 03, 2023, 04:34:06 AM

Dogecoin is a good meme coin with huge market capitalization. A small investment in this meme coin is not a bad idea.
Doge coin price is moving around 0.08$. And it's All time high price is 0.7-0.8$. It means dogecoin is available at 10x low price from its all time high price. In the next bull run dogecoin can break their previous all time high record.
So, hold some dogecoins in your portfolio for massive profit. In short term it can also give good profit 10-20%

The reason Doge coin made such an all-time high was Elon Musk's popularity and the hype he created in the crypto market. However, with such heavy supply of Doge, it is doubtful whether it will be able to cross the ATH again and make a new ATH. But on the other hand there are enough potential altcoins in the market from which you can make good profit through trading. So why you might be interested in trading risky coins like meme coin. According to my personal research it would be better to trade altcoins than meme coins

At the point where you said that what you mentioned is true, we just don't know if what Elon did here in Dogecoin will happen again. So maybe many people are still hoping that Elon Musk will do the same thing he did before with Dogecoin.

Of course, Elon knows that he can control the price of Dogecoin; just one post on Twitter stating that he is also the holder means that he will earn millions of dollars again because of Dogecoin, and it is also possible with Shib if he wants. But, of course, let's see.

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Quote from: Rehan Zakir on December 03, 2023, 04:34:06 AM

Dogecoin is a good meme coin with huge market capitalization. A small investment in this meme coin is not a bad idea.
Doge coin price is moving around 0.08$. And it's All time high price is 0.7-0.8$. It means dogecoin is available at 10x low price from its all time high price. In the next bull run dogecoin can break their previous all time high record.
So, hold some dogecoins in your portfolio for massive profit. In short term it can also give good profit 10-20%

Yes if we invest little amount in some coins like Doge coin, Solana and others then there is no bad thing related to it because the price will soon go higher and we are in thoughts that during Bull season all coins whether they are low or higher in price will skyrocket.

Bull season will be profitable for all individuals so if someone has not made any investment yet should start gathering beneficial coins like Doge coin. Now the market is not so much dump but it will go higher more than this in coming months and price of dogecoin will also show same pattern.

Topic: Short Term Trading Altcoins and Meme Coins? (Read 1136 times)