How can i detect new growing altcoins ? - page 3.

isaac_clarke22

sr. member

Activity: 1610

Merit: 264

Quote from: MedANUAR on January 09, 2022, 09:56:52 AM

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Oh boy, +110% profit overnight? Seems fishy for me to buy. It is obviously a pump and dump scheme and you're better of with other coins other than those. It is likely to not survive overnight.
And no, there is no way to detect these coins regardless of the usual DYOR stuffs like looking up their teams.
A coin that could possibly end up being an exit scam could do this so that they would invite more investors. It is a total manipulation, buddy.

vv181

legendary

Activity: 1932

Merit: 1273

Quote from: MedANUAR on January 09, 2022, 09:56:52 AM

I started investing in crypto since november 2021, and everytime I open CoinMarketCap i notice that there's a lot of new coins with at least +110% profit if you bought it the last 24h, and I was wondering if i can detect them before they grow up very fast in order make a lot in a short time. Thank you Grin

Yea but what if you wrongly predict/detect it and it goes down -110%? Also, why would someone give information to other random people while themselves can be rich by doing what they did over and over again?

Here are the things, since you are new in the cryptocurrencies space I assume you are getting bloated with knowing how much other people gain they could make or maybe according to what you said on OP, you are seeing those massive gains of some random shitcoins on CMC. Those gains do not mean anything if you didn't fully inspect the project, and it is very likely just a pump and dump scheme. If you haven't heard the story of the Squid Game token, I suggest you should comprehend that one and see if there are many similar projects that had been happening in cryptocurrencies. I hope that you didn't just take what you see blindly and have a scepticism toward many scammy behaviours in this space.

gmatej

newbie

Activity: 39

Merit: 0

The best coins are L1 layer protocol ones. If they really provide some new tehcnology. This almost always rise. Others it's really speculation.

Teknisi88

full member

Activity: 1050

Merit: 104

Don’t view crypto as a fast cash-grab. Instead, see it as an opportunity to learn about a new asset class without putting everything on the line. Before you actually invest in smaller altcoins like Tether, Cardano, and others, start by learning about how they work.

Doell

hero member

Activity: 2156

Merit: 531

you have to be active in the market so that you can detect new altcoins that will be released ,usually the developer or team will indeed pump and determine the price that is also driven by active traders ! so that it will bring up a good trend ,risk if you hold it for a long terms if you are an investor long hodl

Bttzed03

legendary

Activity: 2114

Merit: 1150

https://bitcoincleanup.com/

It's a high risk move to chase those tokens that could potentially pump and I personally do not recommend it. If you still insist, you can hang out on Twitter, Facebook, and also Tiktok and look for tokens that they are shilling. Some whales tend to flock on heavily advertised projects.

MedANUAR

newbie

Activity: 1

Merit: 0

I started investing in crypto since november 2021, and everytime I open CoinMarketCap i notice that there's a lot of new coins with at least +110% profit if you bought it the last 24h, and I was wondering if i can detect them before they grow up very fast in order make a lot in a short time. Thank you Grin

Topic: How can i detect new growing altcoins ? - page 3. (Read 343 times)