Topic: Trading Low Liquidity Altcoins - page 3. (Read 787 times)

Its a good idea my brother. Trade in small marketcap coins, the coins that have marketcap under 100$ Million. But the projects are very strong. So, it can give us massive profit in the bull run. Because it is easy for market makers to pump the coins that have low market cap.
Such as ARC coin only have 35million capitalization. And its a very good project for long term investment

You cant stop people to make out those kind of steps.Why? they are really that hoping for some 1000x gem and this is through investing into low cap coins. Just like been said that it would really be that a hit or miss kind of investment which it is really that something that could be considered to be gambling i should say but somewhat if you do make out that dyor thing then you might have the chance but since this market cant really be predicted on what are the things that could happen then whether those good projects you had chosen would fly into the sky or would really be just easily rug pulled.
For sure OP is aware or really that on the risks unless if he's a total noob then it is really just that a common newbie goal on hitting those multipliers of their investment or even into those old or veteran ones
then who doesnt really like on hitting those 1000x gems?

Just let them be on what are the things that they would gonna choose in talks about investment, they would really be soon realize on whats worth to invest for long term or whats not.
If you do really want to have that less risk then top coins or even just simply putting on Bitcoin would be the best choice but if you could really be able to gamble
with those low cap coins then its your choice.

@OP, doesnt need to repeat on what those early posters been saying. The link given was indeed precise on where you could really be able to
buy up these coins/tokens.

My first advice is not to invest in these types of coins or tokens. And most of the people face losses by doing them. But if you invest in coins or tokens that have been in the market for a long time, then the matter is different.

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.

That coin PLX, is of low market cap and it is very risky to buy such coin that is not listed in an exchange. Only that should let you know that the coin is worthless and can be used to scam investors of their money. You will end up wasting your time and money, if you buy it.

I will advice you just like other forum members did to stay away from altcoins because their risk is very high and a newbie like you will end up running at loss when you invest in them because you don't know how to go about trading on them. If you have an altcoin, it is better that you sell it and buy bitcoin, as bitcoin is worth investing on for a long term profit. The choice is your to make.

I'm sure it will now hardly be found on the central exchange. try going to pancakeswap or some kind of decentralized exchange there you look for it by contract address if it's a token. I'm sure you will find it. or you can search for it on coinmarketcap or coingecko, there is even a permanent shitcoin list to get info on available exchanges.

don't waste time on shitcoins. but if you have already done it and want to take it off, try going to pancakeswap or another DEX market. I think there you only need a contract address for your coin to get trading, usually the fees are high. Shitcoins are rarely found on CEX because of their low liquidity. but DEX is still widely found.

Your topic doesn't really match with what you are saying here buddy at least let's be more constructive on things you wanna say here because trust me OP am just confused on what I just read so far.

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?

Just forget it @OP. Many other coins are more promising and can provide greater profits than that coin. Usually, people get those coins from Telegram. They said they would pump the coins they shared on the channel and hoped that many people would start buying them. And the pump came.

He should look for other coins from big exchanges such as Binance, KuCoin, Bybit or others. At least, he could have a chance to earn potential coins so he could make a profit. But everything will come back to his ability to analyze the coins.

At times like this, they have to be more careful about the suggestions to buy coins that they get from the sites out there. They will all say that this coin has potential but you still have to analyze it further. You have to look for hidden gems among the existing coins.

It is never a good idea to invest in a small project that is not listed in exchanges, but some people are doing it because of high expectations of profits they have. They mostly believe that when they buy those token that are not yet listed, it will happen that when they are listed and gain more recognition, they will make more money, but no knowing that it involves higher risks because of the project, it may never be listed in any exchanges. Some of the projects were just created to scam people, and if someone is not careful, they will just be avictim.



That is a fact, but some people will hardly listen to the advice. This makes me remember one of my friends who was just new in the crypto space and told me to go ahead and buy some tokens that were not yet listed in any exchange because he saw that one of his friends had a token when they paid him in an airdrop, and the token was pumping at that time. It was not really funny for him because he invested what he could not afford to lose because he wanted to be rich and quickly thought that what he planned would work out. But seriously, he loses over 90% of the money he invested in the project after a week, and since that happens, I don't think the token will rise even a little again. So it is very risky to buy a token that is not listed; it is a very high risk of gambling.

the loss would be instead from high chance of manipulation, an individual who invests in these low cap altcoin don't just expect to make millions out of it but instead just expect to have their money lost because the liquidity is so small and insignificant that a little bit of dumping already such a massive disruption towards the price and added with the fact that some coin might get rugpulled.
just settle with whatever the top 200 coins give you honestly, if you want to trade low cap altcoin be sure its at least around 100 to 200 ranked coin otherwise too much risk involved its like investing into shitcoin, we know more tahn 90% of altcoin will be outright failing, so we can roughly guess that we only have 1/10 chance of successing in our investment, this obviously means we just gonna lose money.

I agree with what you mentioned, dude. Choosing the top altcoins in the crypto market is one of the safest investments that can be considered honestly, because when altcoins are not included in the top coins in the market, at least in coinmarketcap, congecko, or crypto.com, it's a bit difficult to invest because the risk is too high.

That's why, as investors, it is always said here that we should be prudent at all costs, so that the capital that we will use in any crypto assets that we buy on an exchange platform is not wasted.

I do believe that we are going to end up with a huge risk if we keep doing this, doesn't mean that we are going to lose, but the potential to lose will definitely be bigger and we would be taking way too much risk that we do not have to take. It would make sense that it would be better if we could just pick up the higher liquidity coins, it would be harder to make them move, because it would require a lot more money, for some even as much as billions.

If we take on low liquidity ones, that's going to change the situation a lot more, and the result will not be all that simple, since someone with even a few 100k could just make it pump and dump easily, which would definitely crash it eventually if they are not careful with it. So, it would be smart to just avoid that potential and instead focus on the situation at hand, it should definitely be something that will benefit you and everyone in the market if you could just increase the liquidity by being careful and gradually doing it.

I would suggest to trade only those coins which are listed in popular exchanges. Atleast trade those coins which are listed in coinmarket, but if you greed for more and go for coins with low popularity, then there will be huge chances that you will make loss from it. I am not referring to a particular coin, but yes this happens most of the time. I uses almost all the popular exchanges, but unable to find the coin that you have mentioned in the OP.

Because people are expecting a very high price when it’s listed on exchange, that’s why some people prefer to buy coins during ICOs or IDOs, so everyone is always expecting multiples of the amount they invested, but those people are always taking great risks. Lots of altcoins entering the crypto space now are scam coins, most of them just want to take investors money, some of those coins will never be listed on exchange, and some won’t be listed on good exchange, some of them that are listed on exchange will end up dumping the coin on the investors.

I don’t recommend altcoin investment to anyone, but if I see anyone who really wants to invest in altcoin, I will tell the person to invest in projects that have been in the crypto space for a long time and not projects that haven’t been listed yet. Your chances of losing money are very high after investing in projects that haven’t been listed yet. Scammers are always using that strategy to scam people, they will create a coin and pump money to market it, and at the end they will dump the coin.

Maybe the Op got the coin from an airdrop or bounty. If the Op invested in the coin, then he will have been following the project's development on any of their social media, he won’t be here asking questions. If the coin hasn’t yet be listed on any exchange or even coinmarketcap, the chances of the coin being a scam coin is high, but you shouldn’t discourage the OP yet. Miracles can happen. But the OP should be careful when investing in altcoin. That’s just the simple advice that I will give him, it’s left to him to listen to me. I don’t see anything wrong with bitcoin investment, and I don’t know why people are rushing to invest in altcoin.

If what you mean is the PulseX coin, I think you just need to visit https://coinmarketcap.com/ to find an exchange that suits that coin because from some of the advice that has been given by several people before, that is the best advice that you can rely on to the question you asked. Because I see there are many exchanges for these coins and you can easily choose one according to your own taste without having to think hard.

Totally useless, they do not bring half the fun they suppose to bring and that is why we end up with something like a big loss majority of the time. If we are talking about something small, like just a few million dollars liquidity or lesser, there is absolutely no reason to think that would be fine, its definitely a horrible way of approaching it. I think it would be smart to just avoid that in general and could look into something more decent. I believe the bigger the liquidity the better the chance of making a profit, that should be the most important thing. Yes, I get that it may not look like there is going to be something greater, but you need to end up with a better result one way or another, if you take that useless risk, you will lose all your money more often than not.

Why fixate on that coin? Maybe it's a fairly new coin, or just listed on a small exchange. So they only have very small trading volumes. So, why should you trade these coins if it turns out the risks are higher? Did you see the coin skyrocket some time ago and experience the hype? If so, it's better to forget about the coin because usually coins that have passed the hype period and are unable to penetrate top exchanges, then the chances of them surviving will be very small. That means, if you have passed the hype period, it will be very high risk if you just want to enter or trade with this coin. So, be careful when choosing coins for trading. It's better to use an exchange that is top and trusted.

usually in CMC will also be detected which DEX has a volume that can be traded.
But DEXs also don't have good volume and what to expect from tokens that don't have volume and will eventually just become junk tokens?

After all how much OP holds, he has not appeared to date to explain in detail how the Altcoin PLSX held.