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Topic: How can you detect a coin's future price rise in early stages? - page 2. (Read 1515 times)

legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
very interesting question i will make sure to come back and check other replies.

but as an amateur i think there are multiple factors to detect the early stage rise:
- the development team, who are they, how many, how dedicated
- how the community has responded to what the coin offers
- what exactly is the coin offering, is it just a copy of others or has some new interesting ideas
- does it have premine, how big is it?

- most important of all: Amount Of Hype
hero member
Activity: 886
Merit: 510
Hi there everyone.  Smiley

All of us have seen the sudden rise of a coin's price to (God knows what number here)x levels in a short time and many wished if only they had bought the coin in early stages of its price increase.

Yes, many of these are manipulated pump and dumps and only some are true price rises; yes, there's no easy way to predict coin prices; and yes, coins have different pump patterns, but these are not the main points of discussion here.

Point is, if we can detect a price rise in early stages and board the train fast, we can make good profit. So how can we detect the early stages of a price rise? Is "a rising 24h volume" a good early sign? Is there any other good indexes for it?

Any ideas (from Godlike to amateur) are welcome and thanks everybody in advance.  Wink
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