Altcoin question and answer better option to earn money in crypto

Bitstar_coin

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Quote from: kumar009854 on March 12, 2022, 04:20:33 AM

::)Altcoins are always in the news, should we change our coin according to crypto trends

It will be exhausting to keep up because there are always new alts projects out in the market and you will end up constantly changing your portfolio which can be dangerous to your investment. Imo, I don't think it is wise to invest in every alts on the news. There are some news outlets that will say good things about a project just because of what they will get in return and not because the project deserves such praises.

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Quote from: hamba laeh on May 27, 2022, 02:02:15 PM

Quote from: kumar009854 on March 12, 2022, 04:20:33 AM

::)Altcoins are always in the news, should we change our coin according to crypto trends

to following the crypto trend then we have to find the right time, when we should buy and when to sell again. because many people experience losses when following the crypto trend, because they do not know how long the trend will be able to last. but if you can focus on the crypto trend then it is a good move because a lot of people make money through the crypto trend.

I don't follow news trend for one bit, mostly prefer price actions of the market. Trends can liquidate your trading account if not taken carefully, but the price actions of coins is more like following the chart patterns of the coin. Alt coins massively perform price actions steadily and once they move in a bullish movement, alot of Profits are generated. Big whales in the space like Elon Musk, who would quote about a coin, before you know it, the coin has pumped, then when you decide to join the bullish movement of the coin, it will dump on you.

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Quote from: kumar009854 on March 12, 2022, 04:20:33 AM

::)Altcoins are always in the news, should we change our coin according to crypto trends

to following the crypto trend then we have to find the right time, when we should buy and when to sell again. because many people experience losses when following the crypto trend, because they do not know how long the trend will be able to last. but if you can focus on the crypto trend then it is a good move because a lot of people make money through the crypto trend.

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If you’re going to be doing that, then it’s just as good as saying that you should be buying or converting to new coins everyday, because almost everyday you’re going to see new coins that are being released in the market. So, that is not right.

What I will advise you do is that you should look for a good altcoin and invest in it, it shouldn’t really be a matter of trends. Sometimes you might even try to get on trends and it would be at a time when it’s late and you would be among those who got on the moment that it was about to crash badly. There are good old coins in the market that are still doing better today. So invest in a good asset and you’re good.

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Quote from: Jackl87 on May 20, 2022, 01:26:46 PM

I think that a lot of the people that are very active traders are doing that. They are always observing social media, telegram channels and maybe also this forum for any new trends and projects that are coming up and that are interesting to invest in. Then the goal is to get in as early as possible. In most cases this means to buy immediately when the project gets listed on pancakeswap for example. The problem here is that a lot of people wil try to do that at the same time when the project is interesting and therefore you have to set a high slippage and gas price in order to get through with your buy order. Then once the project shot up they sell it again after maybe even only a few minutes.

Yeah, anyone who wants to do that should as well learn how to detect the best choice that are about to drop in the market, because if you invest in the wrong market, it’s going to be a loss for you.

There are some projects you would invest and instead of profit all you will be seeing is a huge loss. You would see coins that would start out at a great rate within a short time they are already going down heavily. And I would say that sometimes this would be based on luck and you will have to just keep trying and when you invest in the right one, you’d profit from it.

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Quote from: kumar009854 on March 12, 2022, 04:20:33 AM

::)Altcoins are always in the news, should we change our coin according to crypto trends

I think that a lot of the people that are very active traders are doing that. They are always observing social media, telegram channels and maybe also this forum for any new trends and projects that are coming up and that are interesting to invest in. Then the goal is to get in as early as possible. In most cases this means to buy immediately when the project gets listed on pancakeswap for example. The problem here is that a lot of people wil try to do that at the same time when the project is interesting and therefore you have to set a high slippage and gas price in order to get through with your buy order. Then once the project shot up they sell it again after maybe even only a few minutes.

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Quote from: ayi nora on April 27, 2022, 06:27:08 PM

whether you are quickly influenced by news, or quickly go into shock when there is less favorable news for your crypto assets, it means you are a panic seller, if you like to follow the crypto trend, it's a good idea to choose a crypto coin that has a current market share, try to find it trend on coinmarketcap, take the token that is in the top 10 positions, if you are still in doubt, try to make friends with USDT or BUSD, and UST, you will not be affected by scary news for your assets, you will be safe from large losses.

For such people it is a better decision to not trade. Because trading needs a calm mindset not affected by things going around them, but capitalizing on movements either bull or bear, such people will always be on the losing side of things.

Stablecoins will only help if you know what you are doing. Newbies will not be able to handle them or have the proper intuition to know when to mediate through a stablecoin or have the patience to hold the stablecoin for long.

News makes the market move and that is what should be bought/sold. Holding shitcoins will never help but bitcoin should be the target. For those who are panic selling, start dummy trading and step aside from real life trading for sometime, to observe your mistakes.

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whether you are quickly influenced by news, or quickly go into shock when there is less favorable news for your crypto assets, it means you are a panic seller, if you like to follow the crypto trend, it's a good idea to choose a crypto coin that has a current market share, try to find it trend on coinmarketcap, take the token that is in the top 10 positions, if you are still in doubt, try to make friends with USDT or BUSD, and UST, you will not be affected by scary news for your assets, you will be safe from large losses.

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Quote from: Ureung jameun on April 18, 2022, 08:39:53 AM

In my opinion, facing the trend is to not follow the trend. because many people lose when they follow the trend. especially for those who are late in following the trend, so in my opinion it is better to buy an altcoin that has good growth over time and has good prospects in the future than we follow a trend that can make us lose assets.

You can follow and profit from a trend only if you already have vested interests in it. Like if you were already owning that coin, you can sell when the pump happens and exit with profit. Whenever there is lack of funds in either direction of crypto or fiat, therein the decision making needs to start of spending assets.

New coins that are appearing don't necessarily mean a profitable venture. Be careful when choosing trends they don't lead to outcomes to all profitable lanes.

Don't change coins too often, stick to ones that you have followed - this makes a difference in identifying changes.

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Quote from: kumar009854 on March 12, 2022, 04:20:33 AM

::)Altcoins are always in the news, should we change our coin according to crypto trends

I'd say the best way to make money in crypto is to buy into a WEB3 project like Celo or ICP and stake it for the long term. You can't time the market (unless you are an insider) but time in the market will make you rich.

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Changing an asset just because it follows a trend is too risky because the trend won't last long and after that, it will just be a trash coin. there have been many coins that have trended and then the price dropped, of course many have suffered losses. so don't ever think about it unless you are brave and ready to accept all the risks. In my opinion, instead of buying coins according to trends, it is better to buy coins that are really good and reliable, we can see them in the market so we can know the future prospects. at least even if the price drops, it won't be as low as coins that only relies on trends

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Quote from: kumar009854 on March 12, 2022, 04:20:33 AM

::)Altcoins are always in the news, should we change our coin according to crypto trends

In my opinion, facing the trend is to not follow the trend. because many people lose when they follow the trend. especially for those who are late in following the trend, so in my opinion it is better to buy an altcoin that has good growth over time and has good prospects in the future than we follow a trend that can make us lose assets.

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Quote from: kumar009854 on March 12, 2022, 04:20:33 AM

::)Altcoins are always in the news, should we change our coin according to crypto trends

Perhaps the obvious strategy is to always use money to maintain a stable and profitable investment. Personally, I have always loved learning about altcoins and swings. However, trends are always accompanied by a ton of hype surrounding them. It's not easy to just look at the trend and not find quality projects. I always take a serious look at investments to balance the risk and return that we can get, so large platforms are a safe choice without being too specific about a project. When the market is rising, big coins are always the foundation for smaller things to develop in order to shape a specific trend.

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Quote from: Coin BTC on April 12, 2022, 04:14:13 AM

If you buy a new project during an ongoing trend, you are taking a risk. and vice versa, If the project appears before or at the beginning of the trend, it can be a promising investment. and also to follow the crypto trend, what we have to do is find the right time to buy it and when it's time for us to sell the crypto with a crypto trend that is better than the previous market trend, we must pay close attention so you don't do the wrong thing or say negligence in managing it.

too many people experience losses in finding and choosing crypto trends, indeed this is a little risky if you are not careful in this kind of thing, one step you must pay attention to is that you have to focus on looking at the market trend and observe it carefully, don't let it fall. you are one of the majority of people who are experiencing losses in terms of this crypto trend, so focus is really needed here, and with that step many of you are making money in the crypto trend.

The sad thing is, there are plenty of projects who see a new trend, realize their talent, start working on something to make a good project that will actually mean something and then they are too late because trend fades away. Instead, we have bunch of projects that end up with a slap job and looks horrible, and definitely shouldn't be invested a single dollar but since they are right on the trend period they get a ton of money.

This is the story of many trends, all the good ones comes after the fact because building something amazing takes time. They end up getting more popular during the next bull cycle and you have to wait like 3-4 years for it to become something good.

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Quote from: Coin BTC on April 12, 2022, 04:14:13 AM

too many people experience losses in finding and choosing crypto trends, indeed this is a little risky if you are not careful in this kind of thing, one step you must pay attention to is that you have to focus on looking at the market trend and observe it carefully, don't let it fall. you are one of the majority of people who are experiencing losses in terms of this crypto trend, so focus is really needed here, and with that step many of you are making money in the crypto trend.

I would add that most people don't even search for crypto projects. Most people, especially those who are new to crypto investing, pay attention to projects which are on the earliest pages of websites like coinmarketcap. And using such methods of project selection they want to earn big percentages, they think that these projects can bring them x100-x1000. In the first case, the projects that many people talk about, including various bloggers, will never bring the desired profit, and in the second case, the desired x100 has already happened. Projects that are on the front pages have long since made the pump and earned their investors a lot of procents.

People think that the more famous a project is and the more it is in the limelight, the better it is suitable for investment. But in fact the opposite is true.

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Quote from: litepool.ru on March 12, 2022, 04:42:57 AM

Quote from: kumar009854 on March 12, 2022, 04:20:33 AM

::)Altcoins are always in the news, should we change our coin according to crypto trends

It's like you're just a tool for the wrong market. I don't want to be too dumb for that behavior, but don't be wise in a market that is so easily navigated by news. For me, in this crpto market, BTC will be something to hold and I should only hold BTC no matter what the time. Don't think that trends bring success, but rather short-term trends in the process of bringing BTC closer to us.

Yes, bitcoin is a very good coin to hold in the long term, but I don't think it will be too much of a problem if we plan to find additional income by investing in alternative projects following the crypto trend because following trends can sometimes provide great income too if we find projects that good, but for beginners it is not recommended to invest following the trend because it will be very risky especially for beginners who do not have mature knowledge about the market.

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Quote from: Xal0lex on April 05, 2022, 04:51:29 PM

Quote from: kumar009854 on March 12, 2022, 04:20:33 AM

::)Altcoins are always in the news, should we change our coin according to crypto trends

Crypto trends often set a vector in a certain type of altcoin and many developers drop their old projects and start making something new based on the current demand. If you buy new projects during an ongoing trend, you are taking a risk. If projects appeared before or at the beginning of a trend, it can be a promising investment. For example, when the metaverse trend started, projects like MANA AND SAND already existed on the market, and therefore at the beginning of the trend, you could add them to your portfolio, because the trend would have raised their price even more and they definitely would not have been projects that were created for profit-making at the expense of a hype.

yes why not, I totally agree with what you said, If you buy a new project during an ongoing trend, you are taking a risk. and vice versa, If the project appears before or at the beginning of the trend, it can be a promising investment. and also to follow the crypto trend, what we have to do is find the right time to buy it and when it's time for us to sell the crypto with a crypto trend that is better than the previous market trend, we must pay close attention so you don't do the wrong thing or say negligence in managing it.

too many people experience losses in finding and choosing crypto trends, indeed this is a little risky if you are not careful in this kind of thing, one step you must pay attention to is that you have to focus on looking at the market trend and observe it carefully, don't let it fall. you are one of the majority of people who are experiencing losses in terms of this crypto trend, so focus is really needed here, and with that step many of you are making money in the crypto trend.

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Quote from: Yacht_X_Coin on April 11, 2022, 08:58:41 AM

Quote from: TelolettOm on March 12, 2022, 06:08:44 PM

A lot depends how useful are the coins that are in your portfolio.
To grow in price the coin must be useful and in demand.
Now airdrops are popular and there are products that allow to make airdrops more simple like this https://twitter.com/Artikfinance/status/1500098076035407875

The most important is to hind the most prospective project that conducts an airdrop.
A lot of projects conducts airdrops but not all of them so prospective and profitable.

Airdrops allow get tokens for the promotion of the project for free.
Many people prefer to get tokens of new and prospective projects for free participation in airdrops that to buy tokens.

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Quote from: verushka on April 10, 2022, 04:56:24 AM

Quote from: TelolettOm on March 12, 2022, 06:08:44 PM

A lot depends how useful are the coins that are in your portfolio.
To grow in price the coin must be useful and in demand.
Now airdrops are popular and there are products that allow to make airdrops more simple like this https://twitter.com/Artikfinance/status/1500098076035407875

Investments in new projects require to have money for investments to buy tokens.
But it is possible to get tokens without investing. That is why airdrops are so popular.

The most important is to hind the most prospective project that conducts an airdrop.
A lot of projects conducts airdrops but not all of them so prospective and profitable.

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