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Topic: Trading Low Liquidity Altcoins - page 2. (Read 714 times)

hero member
Activity: 868
Merit: 501
Chainjoes.com
January 22, 2024, 05:53:11 PM
#72
pulsex itself has an internal market, aka it has its own exchanger, you can trade your coins there.
besides that there are some small exchangers that also accept pulsex.
market exchangers that accept pulsex you can see on coinmarketcap at this link https://coinmarketcap.com/currencies/pulsex/#Markets
full member
Activity: 1358
Merit: 134
★Bitvest.io★ Play Plinko or Invest!
January 22, 2024, 05:45:33 PM
#71
Just forget it @OP. Many other coins are more promising and can provide greater profits than that coin.

I am so surprised by people who like to look for low liquidity shitcoins, which are not available on big exchanges. Too waste of time and money, better invest time and money in top marketcap altcoins. Apart from wasting time, the potential for scams is also greater, because it is not included in any exchange. Where can there be a successful project without exchange support?
It's a common misconception among investors, mainly new investors, that projects or coins with a low market cap tend to have the potential to provide their investors with higher profits which is not true because a coin that has a low market cap means that it doesn't have a high price and that indicates that there aren't a lot of people interested in that coin or the project it comes from, because if that wasn't the case, the coin would have gotten some value.

Another reason for such coins to have low values is that they have very high total supplies which makes it impossible for them to gain substantial value and both of these things don't indicate anything good in a coin. A coin with a very high supply will barely be able to gain high value and provide good returns even if there are investors interested in it.
also even worst when there are so many coin holders waiting to dump but can't because market liquidity too low, then they are just waiting for people to make buy order, then the newbie not knowing that certain coin have so many holder ready to dump just buying it thinking it would rise in the future but it won't and instead the liquidity just gone since the holders just decided whatever money they got they just gonna dump the market because they see no future in it.
so many thing like that has happened to newbie mainly because newbie have relatively low capital and want to score big they resorted to investing in low liquidity altcoin without knowing full well about the current tokenomic of the coin. simply put, bad decision because insufficient of knowledge.
Not all those people who bought on low caps are total noobs, there are those people who are knowledgeble or old who keeps on trying out to gamble with these low caps and hoping that there would really be some sort of whale that would really be planning or luckily that would be playing out of these projects or coins on which it could really happen on this market luckily. If you do able to make yourself to hit up the right project
then you would really be having potentially those huge possibilities on making huge income or profit but this is rare and could really be done on one shot. This is why people would really be that a fan off on
trying out to invest and throw up some bucks into these kind of projects.
Exactly many investors or traders only believe in higher caps or coins that has high liquidity its because tht have the assurance that the coin is safe and they can earn from it, little they know those coins are also come from low caps or started from low liquidity, I personally always keeping on my eye to the coins that has potential of growth, I analyse them based on their paper, and from that I will see if this coin has the potential to grow and to give profit to be, but its not an easy thing as you are like doing a gamble to that coins, not all the time the coins that you see will have the expected potential but atleast you've explored and tried to trust them, don't discourage thoss starting coin because if we keep on doing that and ignoring them as we only want those stable and high liquidity coin then there's no other that will shine again. The more coins out there with good potential, the more opportunity there is to earn.
legendary
Activity: 3052
Merit: 1129
January 22, 2024, 04:37:52 PM
#70
Just forget it @OP. Many other coins are more promising and can provide greater profits than that coin.

I am so surprised by people who like to look for low liquidity shitcoins, which are not available on big exchanges. Too waste of time and money, better invest time and money in top marketcap altcoins. Apart from wasting time, the potential for scams is also greater, because it is not included in any exchange. Where can there be a successful project without exchange support?
It's a common misconception among investors, mainly new investors, that projects or coins with a low market cap tend to have the potential to provide their investors with higher profits which is not true because a coin that has a low market cap means that it doesn't have a high price and that indicates that there aren't a lot of people interested in that coin or the project it comes from, because if that wasn't the case, the coin would have gotten some value.

Another reason for such coins to have low values is that they have very high total supplies which makes it impossible for them to gain substantial value and both of these things don't indicate anything good in a coin. A coin with a very high supply will barely be able to gain high value and provide good returns even if there are investors interested in it.
also even worst when there are so many coin holders waiting to dump but can't because market liquidity too low, then they are just waiting for people to make buy order, then the newbie not knowing that certain coin have so many holder ready to dump just buying it thinking it would rise in the future but it won't and instead the liquidity just gone since the holders just decided whatever money they got they just gonna dump the market because they see no future in it.
so many thing like that has happened to newbie mainly because newbie have relatively low capital and want to score big they resorted to investing in low liquidity altcoin without knowing full well about the current tokenomic of the coin. simply put, bad decision because insufficient of knowledge.
Not all those people who bought on low caps are total noobs, there are those people who are knowledgeble or old who keeps on trying out to gamble with these low caps and hoping that there would really be some sort of whale that would really be planning or luckily that would be playing out of these projects or coins on which it could really happen on this market luckily. If you do able to make yourself to hit up the right project
then you would really be having potentially those huge possibilities on making huge income or profit but this is rare and could really be done on one shot. This is why people would really be that a fan off on
trying out to invest and throw up some bucks into these kind of projects.
hero member
Activity: 1358
Merit: 538
paper money is going away
January 22, 2024, 03:58:49 PM
#69
https://coinmarketcap.com/currencies/pulsex/

Is that what you mean? PulseX?
It seems that the largest trading volume is on the platform itself, because pulseX is an exchange platform. Isn't that better than exchanging it somewhere else?



I understand that when trading with these coins you have to be careful because of the liquidity issue etc ... anyone with experience with trading these coins?
Hi everyone....in fact, he has explained that he knows the dangers of trading shit coins and he is ready to accept the risks he will face. But many here ban it without knowing what they will actually do with the shit coin. That doesn't mean investing, it could also be because he wants to sell the shit coin.
sr. member
Activity: 2156
Merit: 273
Vave.com - Crypto Casino
January 22, 2024, 03:21:13 PM
#68
You shouldn’t trade this coin with so much trouble! You sell it and start trading on top exchange like binance or kucoin. Moreover, you can use vpn to account in gate but it will be risky. You can't find this token on mexc exchange because they have delisted it. However I don't have experience trading the coins you provided as I am very careful with a coin. A good project is always followed by the best exchange.
maybe he bought it from dex not from cex, that's why he had difficulty exchanging it on cex, if I look at dexscener the daily volume on pulsex is quite high I'm not so sure, because it could be just manipulation I've never traded on pulsex so one way he exchanges his money is to bridge assets into the BSC, Polygon, ERC-20 or other networks that have many options for selling them
member
Activity: 659
Merit: 10
Chainjoes.com
January 22, 2024, 02:19:19 PM
#67
You shouldn’t trade this coin with so much trouble! You sell it and start trading on top exchange like binance or kucoin. Moreover, you can use vpn to account in gate but it will be risky. You can't find this token on mexc exchange because they have delisted it. However I don't have experience trading the coins you provided as I am very careful with a coin. A good project is always followed by the best exchange.
full member
Activity: 1974
Merit: 147
November 19, 2023, 11:13:04 PM
#66
But there are many potential altcoins in the market you can buy with low price and have hope of winning something big from your trade, when the price increase higher in the future. I believe you know that this altcoin you mentioned is not common in the exchange market and it will put your money in risk that will make you to regret for investing in new project that is not popular in the market. There is no way you will invest in Bitcoin, Ethereum and Solana you will not achieve a good income that will motivate you to invest in another time because their teams are very active to make their traders rejoice.
legendary
Activity: 3080
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
November 19, 2023, 08:43:22 PM
#65
Just forget it @OP. Many other coins are more promising and can provide greater profits than that coin.

I am so surprised by people who like to look for low liquidity shitcoins, which are not available on big exchanges. Too waste of time and money, better invest time and money in top marketcap altcoins. Apart from wasting time, the potential for scams is also greater, because it is not included in any exchange. Where can there be a successful project without exchange support?
It's a common misconception among investors, mainly new investors, that projects or coins with a low market cap tend to have the potential to provide their investors with higher profits which is not true because a coin that has a low market cap means that it doesn't have a high price and that indicates that there aren't a lot of people interested in that coin or the project it comes from, because if that wasn't the case, the coin would have gotten some value.

Another reason for such coins to have low values is that they have very high total supplies which makes it impossible for them to gain substantial value and both of these things don't indicate anything good in a coin. A coin with a very high supply will barely be able to gain high value and provide good returns even if there are investors interested in it.
also even worst when there are so many coin holders waiting to dump but can't because market liquidity too low, then they are just waiting for people to make buy order, then the newbie not knowing that certain coin have so many holder ready to dump just buying it thinking it would rise in the future but it won't and instead the liquidity just gone since the holders just decided whatever money they got they just gonna dump the market because they see no future in it.
so many thing like that has happened to newbie mainly because newbie have relatively low capital and want to score big they resorted to investing in low liquidity altcoin without knowing full well about the current tokenomic of the coin. simply put, bad decision because insufficient of knowledge.
full member
Activity: 756
Merit: 107
Sugars.zone | DatingFi - Earn for Posting
November 18, 2023, 11:53:45 AM
#64
Hi, does anyone know where I can trade coins such as PLSX? I can not find it in Mexc (and it is one of the exchanges with more coins listed).

It seems I cant open an account with gate.io in my country

I understand that when trading with these coins you have to be careful because of the liquidity issue etc ... anyone with experience with trading these coins?
I searched PulseX and found it Coimnarketcap and Coingecko, It is not listed in Mexc exchange so how can find it on this exchange? You can check first your country is restricted in gate.io if not then try to reach their customer support, they are very responsible to help you. PulseX listed many unknown exchanges, 1. safetrade and 2. PulseX exchange may be it their own exchange.





hero member
Activity: 1176
Merit: 593
When life gets hard BUY Bitcoin!
November 18, 2023, 10:53:48 AM
#63
It's a common misconception among investors, mainly new investors, that projects or coins with a low market cap tend to have the potential to provide their investors with higher profits which is not true because a coin that has a low market cap means that it doesn't have a high price and that indicates that there aren't a lot of people interested in that coin or the project it comes from, because if that wasn't the case, the coin would have gotten some value.
They know one half of truth. It's true that a small marketcap coin can be more easily manipulated and pumped because it requires small capital to pump it. However another half of truth is important, those small projects can be built by weak, incapable team that can not build up good products in a long term. Without good products, good use cases and utility, coin or token from that project will not get attention from investors so no or very little value for it or it will die with time.
This share of use cases and utility is vital for projects to attract early investors. Then with reasonable profits it can also attract investors in the future.

It is very rational regarding low liquidity which is relatively closely related to pump and dump because it can be manipulated by a group of people with a lot of money. Therefore, low liquidity is synonymous with investment traps in my opinion.

You’re right especially on this case since the OP is pertaining to PLSX(PulseX) which is one  of the project launch on scam blockchain pulsechain by Richard Heart that is a well known scam artist.

This token is a guaranteed pump and dump coin that only benefits the founder itself by using the liquidity of the new investors as exit liquidity. Not all low marketcap project is a pump and dump since it depends on its community on how they will trade the token but on this case, This token is surely is.
sr. member
Activity: 826
Merit: 326
Leading Crypto Sports Betting & Casino Platform
November 18, 2023, 10:48:35 AM
#62
It's a common misconception among investors, mainly new investors, that projects or coins with a low market cap tend to have the potential to provide their investors with higher profits which is not true because a coin that has a low market cap means that it doesn't have a high price and that indicates that there aren't a lot of people interested in that coin or the project it comes from, because if that wasn't the case, the coin would have gotten some value.
They know one half of truth. It's true that a small marketcap coin can be more easily manipulated and pumped because it requires small capital to pump it. However another half of truth is important, those small projects can be built by weak, incapable team that can not build up good products in a long term. Without good products, good use cases and utility, coin or token from that project will not get attention from investors so no or very little value for it or it will die with time.
This share of use cases and utility is vital for projects to attract early investors. Then with reasonable profits it can also attract investors in the future.

It is very rational regarding low liquidity which is relatively closely related to pump and dump because it can be manipulated by a group of people with a lot of money. Therefore, low liquidity is synonymous with investment traps in my opinion.



Quote
High or small total supply is just a number because if that project does not have any value, it does not make sense when you have one token or 1 million token.
The final supply is not a benchmark, because in this realm it especially concerns altcoins which in fact can be manipulated and are capable of printing high prices with a high supply too.
legendary
Activity: 2044
Merit: 1018
November 18, 2023, 02:57:46 AM
#61
It's a common misconception among investors, mainly new investors, that projects or coins with a low market cap tend to have the potential to provide their investors with higher profits which is not true because a coin that has a low market cap means that it doesn't have a high price and that indicates that there aren't a lot of people interested in that coin or the project it comes from, because if that wasn't the case, the coin would have gotten some value.
They know one half of truth. It's true that a small marketcap coin can be more easily manipulated and pumped because it requires small capital to pump it. However another half of truth is important, those small projects can be built by weak, incapable team that can not build up good products in a long term. Without good products, good use cases and utility, coin or token from that project will not get attention from investors so no or very little value for it or it will die with time.

Quote
Another reason for such coins to have low values is that they have very high total supplies which makes it impossible for them to gain substantial value and both of these things don't indicate anything good in a coin. A coin with a very high supply will barely be able to gain high value and provide good returns even if there are investors interested in it.
High or small total supply is just a number because if that project does not have any value, it does not make sense when you have one token or 1 million token.
hero member
Activity: 2268
Merit: 581
November 18, 2023, 12:51:59 AM
#60
Just forget it @OP. Many other coins are more promising and can provide greater profits than that coin.

I am so surprised by people who like to look for low liquidity shitcoins, which are not available on big exchanges. Too waste of time and money, better invest time and money in top marketcap altcoins. Apart from wasting time, the potential for scams is also greater, because it is not included in any exchange. Where can there be a successful project without exchange support?
It's a common misconception among investors, mainly new investors, that projects or coins with a low market cap tend to have the potential to provide their investors with higher profits which is not true because a coin that has a low market cap means that it doesn't have a high price and that indicates that there aren't a lot of people interested in that coin or the project it comes from, because if that wasn't the case, the coin would have gotten some value.

Another reason for such coins to have low values is that they have very high total supplies which makes it impossible for them to gain substantial value and both of these things don't indicate anything good in a coin. A coin with a very high supply will barely be able to gain high value and provide good returns even if there are investors interested in it.
sr. member
Activity: 826
Merit: 326
Leading Crypto Sports Betting & Casino Platform
November 18, 2023, 12:32:47 AM
#59
-snip-
It is possible that if we buy with the intention that in a few days, weeks, months or even years there will be an increase, the opposite will happen. The possibility is small if the coin pumps maybe only 5%, the remaining 95% has the potential to be lost. If we are serious about investing, choosing altcoins well in any aspect is very important. Because for me every small profit and loss is time worth paying, even if it is $0.1
Buying on altcoins that are not clear enough will have a small possibility of being able to pump again.
The first pump is Hyped made and those who enter early will exit with more profit.

We can see how memecoin projects continue to emerge by starting at Thousands of marketcaps to reach Millions of marketcaps in a matter of days.

But you have to be careful it will be Rugpull in an instant.
Many get rich suddenly because of Memecoin or hyped coins, but also more people lose and fall into poverty because of damn coins.
As buyers, we must be wise and have fund management, on how much to spend on this altcoin or shitcoin.

Correct. This may be a special concern or consideration when having funds and allocating them to altcoin investments to avoid large losses. Hype coins are tempting, but the risks are also very big. It is better to invest with a small profit but the risk is also low, but you need to be reminded that altcoin investment is a high risk investment.
legendary
Activity: 2464
Merit: 1703
Blackjack.fun
November 17, 2023, 11:38:28 PM
#58
-snip-
It is possible that if we buy with the intention that in a few days, weeks, months or even years there will be an increase, the opposite will happen. The possibility is small if the coin pumps maybe only 5%, the remaining 95% has the potential to be lost. If we are serious about investing, choosing altcoins well in any aspect is very important. Because for me every small profit and loss is time worth paying, even if it is $0.1
Buying on altcoins that are not clear enough will have a small possibility of being able to pump again.
The first pump is Hyped made and those who enter early will exit with more profit.

We can see how memecoin projects continue to emerge by starting at Thousands of marketcaps to reach Millions of marketcaps in a matter of days.

But you have to be careful it will be Rugpull in an instant.
Many get rich suddenly because of Memecoin or hyped coins, but also more people lose and fall into poverty because of damn coins.
As buyers, we must be wise and have fund management, on how much to spend on this altcoin or shitcoin.
sr. member
Activity: 826
Merit: 326
Leading Crypto Sports Betting & Casino Platform
November 17, 2023, 10:50:34 PM
#57
When it comes to new projects, it is better to choose based on projects that collaborate with large exchanges such as Binance and other large exchanges. Of course, if we examine it further, many projects that collaborate with exchanges have bigger and more established pump opportunities. If dealing with low liquidity I tend to avoid it, because I realize that my research on low liquidity is very bad and I prefer not to take that risk.
After all, as long as there are altcoins with high liquidity, why choose altcoins with low liquidity?
Many altcoins listed on Binance or other large exchanges are delisted due to low liquidity and no significant trading performance anymore.

Altcoins that were initially hyped when they entered major exchanges will not necessarily survive.
It's better to look for altcoins that are really safe to trade, than to be trapped in altcoins that have poor performance with low liquidity and no development.

This is my biggest reason to stay away from low liquidity altcoins, apart from being prone to being delisted. Low liquidity altcoins with low development are prone to scams or prone to bankruptcy. It is possible that if we buy with the intention that in a few days, weeks, months or even years there will be an increase, the opposite will happen. The possibility is small if the coin pumps maybe only 5%, the remaining 95% has the potential to be lost. If we are serious about investing, choosing altcoins well in any aspect is very important. Because for me every small profit and loss is time worth paying, even if it is $0.1
sr. member
Activity: 1002
Merit: 254
Tontogether | Save Smart & Win Big
November 17, 2023, 02:46:48 PM
#56
Hi, does anyone know where I can trade coins such as PLSX? I can not find it in Mexc (and it is one of the exchanges with more coins listed).

It seems I cant open an account with gate.io in my country

I understand that when trading with these coins you have to be careful because of the liquidity issue etc ... anyone with experience with trading these coins?

These are not good coins at all.

Why are you investing your money in this type of coins? Go to Binance and only invest in those which you had already analyzed and you think that will make you rich one day. Just invest in them and wait for the right time.

Also as altcoins now mostly people avoid and they are going to the big coins if they really in search of them it may be better for them in the future as the market has some level now in a sense.
member
Activity: 938
Merit: 13
Tontogether | Save Smart & Win Big
November 17, 2023, 02:36:12 PM
#55
If PLSX is not found on Mexican exchanges and registration on Gate.io is not possible, I recommend looking at international exchanges or using decentralized platforms such as Uniswap. Be careful due to low liquidity and be aware of the risks when choosing an exchange.
legendary
Activity: 2464
Merit: 1703
Blackjack.fun
November 17, 2023, 11:11:11 AM
#54
When it comes to new projects, it is better to choose based on projects that collaborate with large exchanges such as Binance and other large exchanges. Of course, if we examine it further, many projects that collaborate with exchanges have bigger and more established pump opportunities. If dealing with low liquidity I tend to avoid it, because I realize that my research on low liquidity is very bad and I prefer not to take that risk.
After all, as long as there are altcoins with high liquidity, why choose altcoins with low liquidity?
Many altcoins listed on Binance or other large exchanges are delisted due to low liquidity and no significant trading performance anymore.

Altcoins that were initially hyped when they entered major exchanges will not necessarily survive.
It's better to look for altcoins that are really safe to trade, than to be trapped in altcoins that have poor performance with low liquidity and no development.
sr. member
Activity: 826
Merit: 326
Leading Crypto Sports Betting & Casino Platform
November 17, 2023, 08:47:03 AM
#53

I am so surprised by people who like to look for low liquidity shitcoins, which are not available on big exchanges. Too waste of time and money, better invest time and money in top marketcap altcoins. Apart from wasting time, the potential for scams is also greater, because it is not included in any exchange. Where can there be a successful project without exchange support?
If this is a new project, then in a bear market you can buy such tokens, since they can have very good short-term pumps. They also have a chance of listing on a top exchange, but this also depends on many factors and the project needs to be monitored. But it is better, of course, to trade tokens with good liquidity, this is especially important for day trading, and small amounts should be allocated for trading low-liquidity tokens.

When it comes to new projects, it is better to choose based on projects that collaborate with large exchanges such as Binance and other large exchanges. Of course, if we examine it further, many projects that collaborate with exchanges have bigger and more established pump opportunities. If dealing with low liquidity I tend to avoid it, because I realize that my research on low liquidity is very bad and I prefer not to take that risk.
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