Topic: As a Token Analyst, what type of coins do you trade the most? - page 2. (Read 529 times)

The "style" or whatever it's called, is the main thing that people look at and that's very crucial for most people. Like is it a casino token, is it a dex token, is it a p2e token, is it an AI token, and many other buzzwords really.

These days for example the whole telegram game type of things are getting interest after notcoin made a lot of money. I think not many else will, even this hamster kombat will not make that much money, but at the very least we know that it is going to be hyped for a while longer, that's the most important part.

I think it's fair to say that people invest mainly into these buzzowrds and what kind of token is the thing they look at, and I personally think that we should consider that as reality.

I personally do not invest into anything like that, I like to invest into something that's purely just about features and what it can provide to the crypto world and not many exists that helps the crypto world so I try to stay away from anything new. Old ones already provided what they can do, and that is why I invest into those, top 10 or top 20 is more than enough for me and I keep putting my money into those stuff to make it work some way or sort, that would make it better.

What do you mean when you say grouping actually? It is by investing by category? Like for example we have a bunch of exchange coins/tokens in one side and then the other would be meme coins, and so on..? If it is, well I like the idea.

It makes us organized and it helps us to not get pressured. You said Bitget is the second in CEX? I highly doubt it and I'm correct because when I check CMC and Coingecko for confirmation, I can see that Bitget exchange is rank above the 10th spot for the both of them. Don't worry as that was still a nice spot and who knows? If they continue their momentum, they might now surpass other top crypto exchanges later on. Not just the meme coins but all cryptos are speculative. In the non-meme coin field, there's also new coins that came out from time to time but the established ones are still more proven than them.

For me, grouping tokens is much needed when thinking of holding for the long term and simply growing my portfolio. Exchange tokens like $BGB and $MX highlighted in the Coingeck report have showed good potential. With Bitget emerging as the second CEX with the highest increase in trading volume in Q2, it is expected that the platform token $BGB would appreciate over time as the platform consolidates and expands its services. But having a variety of tokens like this in your bag would be a necessary approach to benefiting in any increase in value.

For meme coins, it is largely based on speculations. New ones are emerging daily, thereby making the older ones unpredictable except the teams can be trusted to keep working.

Memecoins are good tokens to trade but you have to be careful when trading them as they're very volatile as traders mostly pump and dump them due to them not having any utility. Memecoin has done very well this year but they have also been the ones that are getting dumped the more when the market is crashing. I trade memecoins but I don't trade every memecoin that gets launched as I know there are many scammers launching their own memecoin and alot of them are just going to make you broke. I trade the big community and popular memecoins and I trade them by buying when they crash and wait for a good news to sell them.

There's alot of other coins right there now it depends in the current trend or pattern of the coin I would like to trade in the future this is my strategy, seems you always talking about meme coins for me this isn't ideal to hold for a long term just a quick flip with the spots in trades but holding a long term and hope to be one of the profitable coin seems not ideal with my strategy. I keep making a trade with the BTC/ETH/XRP with just casual trade but I do holding for a long term with the BTC.

There are two types of trading such as the futures trading and spot trading. Spot trading is more like holding, even if you are only going to hold for a short term period until the price of that token or coin surges in price. If you are spot trading, then you can make research on the best performing altcoins that you will invest your capital in, such as the list of coins you already mentioned. If you are venturing into futures trading, then you only needa few trading pairs with notable volatile, example is BTC/USDT, ETH/USDT, DOGE/USDT, etc.

currently i find myself quite frequently shorting on the overvalued altcoins with too big of an FDV compared to the competitor, coin like TIA and so on, I find shorting them rather interesting tbh since you know at some point there will be token unlocks and people will be in fear. just knowing the unlock date of these coins alone already giving me advantage so it's easy trade.

but for the longer game it's always BTC and ETH, current price swing is good opportunity if you're experienced trader, people easily panic in this current market, so many uncertainties, but that's also what makes the market interesting  . it's really good for future contract with leverage if you can accept the risk.

currently i find myself quite frequently shorting on the overvalued altcoins with too big of an FDV compared to the competitor, coin like TIA and so on, I find shorting them rather interesting tbh since you know at some point there will be token unlocks and people will be in fear. just knowing the unlock date of these coins alone already giving me advantage so it's easy trade.

but for the longer game it's always BTC and ETH, current price swing is good opportunity if you're experienced trader, people easily panic in this current market, so many uncertainties, but that's also what makes the market interesting.

My trading categories usually involve going for more infra/fundamentals altcoins vs just pure memecoins trading. I find that even though fundamentals/infra projects have messed up token metrics aka VCs holding a large portion of the supply with regular emissions due to unlocks, they still trade better than altcoins do. For instance, when market goes down, memecoins go down 2-5x faster than the norm and that right there is a concern for me.

TLDR, Majors first, then fundamentals. Memecoins if I just want to gamble.

I don't trade meme coins as my experience with meme coins hasn't gone so well, each time I buy memes and hold they never come back to my point of entry and which I lost some dollars as a result of this, I trade few altcoins now and basically focus on trading Solana, ETH, and Ordinance coin aside from Bitcoin fact that I trade. The best way is to trade the coin you find good after a research. There are various coins in the market to buy, if someone is looking to earn money from the hypes, pumps and  dumps of meme coins and some Altcoins.

One of the main concern when dealing up with meme coins is on the time that you would be dealing up with it is that you should be wary about those pump and dump or simply with tons of rug projects.
It would really be that important that you should really know on what you are dealing with and you should really be that wary about on the potential risks that it do give out.
Although there will really be those people who do loves on dealing with memes considering on the potential profit that it could give out specially if its been that hyped out.

Choosing in between good utility coins or to those who are being hyped up just like meme coins then it would really be that entirely depends on you because
each trader or investor will really be having that different choice according into their preference because there are ones who do love fast pace profits and
there are ones who would really be liking on holding those good coins for long term.

From a proof of work meme coin, Dogecoin, developers try to expand meme coins to smart contracts because it is more easily for them to create new smart contract coins. They don't need any support from miners to keep their projects going because there are parent blockchains like Ethereum, Binance Smart Chain, Cosmos, Ton, Tron, Solana do this task.

This gives scammers greater chances to boost their scam intensity to a higher level. This gives greed people more risky chances to take risk and lose money.

Even the recovery of Solana from bottom is big surprise that trigger the universal surprising of Solana ecosystem recent months and meme coin creators quickly parasite on Solana blockchain and this hype to get benefit from it.

You're saying that meme coins can be divided into different blockchains like BSC, ETH, Solana, and so on, and so forth? It doesn't work that way, but it's a completely opposite one.
Meme coin is a category of an altcoin, and these meme coins can be created on different blockchain like BSC, Ethereum, Cosmos, TON, Tron, Solana. Both have difference.

TBH, it's quite surprising that Solana-based meme coins are the most popular ones right now.
I'm not following the meme coin trend and it's hype hence, I don't that they're the most popular meme coins as of this moment. Anyway, for sure many investors are making money off of it and as many make money on it, many are also losing their money.

Well, that might help but traders in general have different approach when it comes to trading different types of tokens. I'm not an expert in trading, but I can say that the most popular ones on each category are my go-to coins. I mean I always go with the most popular ones, and the ones with large market caps whenever I trade. I don't want to specify meme coins on this one since it's just one category.

I'm not sure if we will have to go to this process of grouping tokens. For me, meme coins is all the same, you can trade this and take token, but at the end of the day, it's just for pure pump and dump in my opinion. It's the question on how anyone can tolerate that big risk? And it's really like you are gambling here in choosing which meme coins you are going to invest today and then after, the next day it will be very another set. I'm not in the meme coin investment though, so this is just my opinion. I do agree that bigger risk, bigger reward. However, it might be good though to invest on solid coins, at least you can sleep well at night knowing that your money is not going to zero.

It's like a lottery ticket to search for the next trend and hype. Some are lucky to be in it too early and that's why they're happily getting out from it.

But those that are in the midst of it and likely stuck in the midst of it, are the ones that are losing most.

So, trade what you think is right with the help of your own analysis but don't stick to one. As a trader, we should anticipate what's coming and as well as be prepared for some contingency.

This is totally out of context and I don’t see the reason why you’ll need the niche a coin belongs to before you can trade them. This is not related to trading and relating them will only limit your chances of getting more profitable trades or losses as the case maybe base on how good you are at trading. In trading, you don’t need to group coins base on the blockchain they belong to before you can really tell how far they can go or if they’re the perfect pair for you to trade. With your market analysis of the technical and fundamental aspect of the market, you can trade at anytime and with any coin and make a good profit from them. Just understand allow to read the market and know when to long or when to short.

Well as a trader I have a bit of everything in my pf

Defi>> ETH
Modular Blockchains>> avail and tia
Exchange tokens >> BGB(I'm not surprised that the token insights report mentioned Bgb as the top performing exchange token this quarter)
L1 & L2s
Memecoins

Sure, those meme coins that are created on daily basis are mostly created to rug pull money of the investors and I would never suggest anyone to even explore that area of crypto world.

Degen traders aren't traders but frauds or gamblers only because Degen coins are 100% useless and only the rugs and frauds can make money with those coins.

A good trader who's good at trading will avoid trading those useless meme coins at any cost unless he/she wants to gamble on those for fun.

If you would really be liking to stick into those old and established coins then you would really be putting up that focus into those top ranking coins or into those huge or big caps but if you would really be having some plans on trying out to get those huge returns or having those huge multipliers then your main choice or step you would really be making is to deal up with those gems or to those coins or projects that hasnt been pumped out yet. Yes, it would really be that possible or something that could really be attained but you should really be making yourself that having that kind of awareness about on the risks involved into it.
We do know that dealing up with new projects does have that high very chance on getting rugged or being a scam one. On the time or moment that you do hit up the right spot then it will really be giving out that
kind of chance that you would be able to make huge profits.

Also i do agree into the sentiment that i would really be rather be going with the hype rather than utility specially for short term. Example on this one is on dealing up with meme coins.
I do really love to hover myself into this place on which if you do really know on how to make that control and moderation then you could really be able to make money
but of course the risks is very high.

fortunately coingecko and coinmarket cap has this list and it's always a good place to give me hint on what crypto should i trade at the time being.



just looking at market cap change and price change for the last 7 days enough to give me insight on what's the altcoin that has bigger chance to have higher volatility and also higher chance of pumping.
but I personally always prefer to ride the hypes, trying to find hidden gem before it's showing its real worth.