What Coin is Best for short term speculation - page 2.

jaberwock

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Quote from: JeffBrad12 on November 15, 2023, 07:35:57 PM

just find some low market capitalization new altcoin (ignore if you don't like risk) and some of the newly listed coin that just booming then you're set to have environment where you gonna have the most fluctuative market ever and therefore you can gain many opportunities of making profit with short term speculation.
the other thing would be meme coin that's currently trending, but don't try the old meme coin that have already reached peak because they mostly have quite stable price nowadays, they rarely change because everyone is holding while there's no influx of people that invests.
but be careful though, short term speculation not as easy as you might think, you should always be prepared with the fact that you might lose your money in the blink of an eye.

Yes, low market cap coins because they are considered to be very risky but can be highly profitable too if we got lucky on them. These are usually the coins who don't last long, so it's a perfect recommendation for the OP since he only wants short term. If the coin is already booming already, I think it's best to not touch it anymore because they are likely in their falling phase after a short while. We think short term has the best opportunity, because we can easily switch from one coin to another, but we didn't realize that in the long term, the profit do only stack. And once sold at the very peak, we could earn more than what we can get when go for the short term.

goaldigger

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Meme coin are good for short term trend but of course its risky as they only move because of manipulation and the hype so I also don’t suggest this one. Small marketcap coin have the chance to rise in short term so you might interested on those small and promising projects for short term up trend. If you also want a quick profit, then do the trading because here you have the chance to get it especially if you are already familiar about trading.

andyou1234

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I think it is very difficult to determine the best coin to invest in in the short term, but I recommend meme coins such as SHIBA INU and DOGE coin as alternative short-term investments, because these two memecoins have quite large popularity and are of course very popular with investors.

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it seems very difficult to choose some meme coins that will give us profits in the short term. but if I could choose, Shiba is the right choice to buy right now. because besides the price being still affordable, it seems like this coin has very good development

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Quote from: tokeweed on November 16, 2023, 07:53:21 AM

Lol. Never ever become a long term holder of unknown altcoins like those in your list. You just never know what the devs would do. A lot of you were prolly not around yet when one dev team took all the ICO stash and changed the project's website showing just one word. It was the word 'penis'. It was hilarious thinking back about it now.

But short term, sure... Get into it.

And another thing I noticed that moves up or down higher on average are the tokens in Fantom... That's def good for short term trades.

I hard of bitcoin etf token from one of my friends in my locally and when I checked on the site to see what was up with the dev teams and saw the road map for the broken, but men it was a total disappointment for me since the token is like just a meme coins that lack every form of sentimental judgement which may be based on market influence and also the level of promotion for the project at first to have pushed it presence that much

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Quote from: kevinzxz on November 15, 2023, 04:23:23 AM

Quote from: Wiwo on October 22, 2023, 02:58:18 PM

The recent events in the market have prompted my attention to some of the altcoins that have performed alongside Bitcoin, such as Ethereum and some other me coins that gave their investors some level of profits within the short term that Bitcoin took a dramatic shift in price from 25k to around 30k which is a significant good amount and that will promote some desire to invest in some other altcoins that followed the trend giving their holder some level of profits in the short term.

This situation pushed me to ask this simple question.

What altcoin is the best for short-term speculation, some of my friends offline have speculated people but then I don't have much faith in meme coins.

I have 3 recommendations for altcoin that are good for short-term investments, especially if you use them for long-term investments and altcoin that I recommend are,
1. BLZ
2. ARPA
3. CTSI
I'm sure you can get a profit of at least 2x from your capital in the near future.

Lol. Never ever become a long term holder of unknown altcoins like those in your list. You just never know what the devs would do. A lot of you were prolly not around yet when one dev team took all the ICO stash and changed the project's website showing just one word. It was the word 'penis'. It was hilarious thinking back about it now.

But short term, sure... Get into it.

And another thing I noticed that moves up or down higher on average are the tokens in Fantom... That's def good for short term trades.

JeffBrad12

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just find some low market capitalization new altcoin (ignore if you don't like risk) and some of the newly listed coin that just booming then you're set to have environment where you gonna have the most fluctuative market ever and therefore you can gain many opportunities of making profit with short term speculation.
the other thing would be meme coin that's currently trending, but don't try the old meme coin that have already reached peak because they mostly have quite stable price nowadays, they rarely change because everyone is holding while there's no influx of people that invests.
but be careful though, short term speculation not as easy as you might think, you should always be prepared with the fact that you might lose your money in the blink of an eye.

batang_bitcoin

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For short term speculations, you should go with those that has a lot of volume. Because if you're going to do the strategy of others of hunting potential altcoins that haven't pumped yet, it may take you a while. Whilst for doing such trade with high volume coins or tokens, you won't need any waiting game for them. I'd always advise to go with Ethereum, no doubt whether you're going to be long on it or short, you've got no problems with it as it's flexible as usual.

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Quote from: Wiwo on October 22, 2023, 02:58:18 PM

The recent events in the market have prompted my attention to some of the altcoins that have performed alongside Bitcoin, such as Ethereum and some other me coins that gave their investors some level of profits within the short term that Bitcoin took a dramatic shift in price from 25k to around 30k which is a significant good amount and that will promote some desire to invest in some other altcoins that followed the trend giving their holder some level of profits in the short term.

This situation pushed me to ask this simple question.

What altcoin is the best for short-term speculation, some of my friends offline have speculated people but then I don't have much faith in meme coins.

you can see coins that follow the movement of bitcoin, and provide profits, but the time will not be short or depend on the increase in the price of bitcoin.
because that type I think has less risk.

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Quote from: TakeItEasy on October 25, 2023, 02:34:16 PM

Quote from: wxa7115 on October 23, 2023, 12:52:20 AM

If what you are looking for are short term profits then you need to look at the volatility of your favorite coins and pick the one that shows the highest level of volatility you can find.

And this can be done by using some of the indicators which have been created for this express purpose, however it is important to mention that doing such a thing will increase the risk you are incurring in a dramatic way and you should find a way to counter this tendency, since if you were to fail at achieving this goal the volatility could end up playing against you.

It will be at greater risk also, a trader should take each step very carefully. I mean if it is more volatile how could be better if it fails suddenly, we can say it is crypto but we should already have some precautions for it through which we could take a step forward. The main thing a person should do is he has to look at the coins which didn't have more changes in them. For example, if it is changing its price faster I know it will give him more profit in the day trading but if he goes to loss then also it will give him a sudden loss which will be not a good idea I think in this case. For sure, coins in the market are more volatile in between some of them but there are also some good plans to buy them before they change their nature.

As indicators would be a better choice to take control over the prices I mean to get possible notifications about these coins from time to time and then take a step forward for better investment.

the risk is certain. The risk can be big or small and will not be far from the fate of an investor/trader. It's just how to deal with it or be able to analyze the graph to avoid what is undesirable, of course the analyst is just a picture, not 100% making the flow calm. Investments that don't have a big risk coin rank top 10 coinmarketcap may be analyzed as not having a big risk

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Quote from: Wiwo on October 22, 2023, 02:58:18 PM

The recent events in the market have prompted my attention to some of the altcoins that have performed alongside Bitcoin, such as Ethereum and some other me coins that gave their investors some level of profits within the short term that Bitcoin took a dramatic shift in price from 25k to around 30k which is a significant good amount and that will promote some desire to invest in some other altcoins that followed the trend giving their holder some level of profits in the short term.

This situation pushed me to ask this simple question.

What altcoin is the best for short-term speculation, some of my friends offline have speculated people but then I don't have much faith in meme coins.

I have 3 recommendations for altcoin that are good for short-term investments, especially if you use them for long-term investments and altcoin that I recommend are,
1. BLZ
2. ARPA
3. CTSI
I'm sure you can get a profit of at least 2x from your capital in the near future.

TakeItEasy

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Quote from: fmz89 on October 24, 2023, 09:11:47 AM

For short term, meme is the best one, move fast, capturing profit and move to other reputable coin, or just go with btc until settle, trade alt with btc pair in bullrun to maximize profit, and trade with stable coin when downturn

There is a lot of risks involved in these meme coins, as I have never seen a meme coin which have a low risk. Even if we compare more coin in the cryptocurrency then we can say that meme is much risky as compared to the other ones. They have a low risk even if the go up and give you a profit it might be low but would be a profit. And even if they give you a loss that would also be not that much.

But if we can calculate about the other ones, like meme coins then risk factor involvement would be higher, still believing here that for the Short term BNB would be a better choice for anyone like now the bitcoin prices is moving quite nice and the market is better now as we have seen some jump from the price of $26k to $34k.

peter0425

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Quote from: Wiwo on October 22, 2023, 02:58:18 PM

The recent events in the market have prompted my attention to some of the altcoins that have performed alongside Bitcoin, such as Ethereum and some other me coins that gave their investors some level of profits within the short term that Bitcoin took a dramatic shift in price from 25k to around 30k which is a significant good amount and that will promote some desire to invest in some other altcoins that followed the trend giving their holder some level of profits in the short term.

This situation pushed me to ask this simple question.

What altcoin is the best for short-term speculation, some of my friends offline have speculated people but then I don't have much faith in meme coins.

How long is that short term mate, because if you are aiming just this year alone(till December) then it is hard to find because I believe that the pumping had already starts, but I see ripple is still doing good but not sure if it will continue till end year.

but if you are talking about semi long term that will end after the halving then yes we are looking for something great like Ethereum and Binance .

Forget about Memecoins mate , because the faker are all there and the potential is nothing but yeah perfect for short term .
but how could you accept if the fall comes before selling ? try to check your target time frame for better outcome.

Quote from: GreatArkansas on October 25, 2023, 08:53:26 AM

Try layer-2 network tokens, especially new ones. Because just in case we are in a bull run again, we will see a huge increase in the market cap of Decentralized Finance (DeFi) while the majority will benefit from it will Ethereum, and second is for sure layer-2 networks as they will become alternative for Ethereum.

well DeFi is what most says best to expect in the coming bull run. but still Ethereum is the safest and the most promising of all altcoins.

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Quote from: lixer on October 31, 2023, 11:25:09 AM

Quote from: barhavsky on October 24, 2023, 02:34:20 PM

I think EGLD, because currently EGLD is popular, so in the near future the price of EGLD will increase very high, so I am sure that by investing in EGLD right now, so you will get a big profits, therefore I recommend you to investing in EGLD as a short-term investment, because it is very easy for the price of EGLD to increase more than 2x from the current price and enter the top 10 on coinmarketcap.

Short-term speculation doesn't include the distant future and the way you said it, I believe you mean that EGLD is going to go high in the future, and by future, you probably mean the bull run that is to come and that isn't really short-term. Short-term is only used when a trade isn't dragged more than a month, maximum, and if you are making a trade that takes you longer than a month, you should consider that being a medium-term trade and not short-term.

However, I don't really see EGLD doing very well as its 24-hour volume is down by 44% which isn't good because that only happens when people stop investing or trading the coin, and its price is up only 1% in 24 hours which doesn't show any signs of popularity. So, I don't recommend this coin for short-term profits.

Projects like EGLD lose their hype as there are other blockchains that can provide similar services with better outcomes. There aren't many projects in EGLD and the only positive things i am seeing are other projects partnering with EGLD to attract its community to their new projects. EGLD was supposed to solve the blockchain trilemma, but instead it has become an speculative asset that is only being used to make profit either by holding or trading.

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Quote from: barhavsky on October 24, 2023, 02:34:20 PM

I think EGLD, because currently EGLD is popular, so in the near future the price of EGLD will increase very high, so I am sure that by investing in EGLD right now, so you will get a big profits, therefore I recommend you to investing in EGLD as a short-term investment, because it is very easy for the price of EGLD to increase more than 2x from the current price and enter the top 10 on coinmarketcap.

Short-term speculation doesn't include the distant future and the way you said it, I believe you mean that EGLD is going to go high in the future, and by future, you probably mean the bull run that is to come and that isn't really short-term. Short-term is only used when a trade isn't dragged more than a month, maximum, and if you are making a trade that takes you longer than a month, you should consider that being a medium-term trade and not short-term.

However, I don't really see EGLD doing very well as its 24-hour volume is down by 44% which isn't good because that only happens when people stop investing or trading the coin, and its price is up only 1% in 24 hours which doesn't show any signs of popularity. So, I don't recommend this coin for short-term profits.

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Quote from: GreatArkansas on October 25, 2023, 08:53:26 AM

Try layer-2 network tokens, especially new ones. Because just in case we are in a bull run again, we will see a huge increase in the market cap of Decentralized Finance (DeFi) while the majority will benefit from it will Ethereum, and second is for sure layer-2 networks as they will become alternative for Ethereum.

Layer 2 projects are the new gem in the coin market this day and in preparation for the next bull run holding a few priced coin wouldn't be a bad idea Memecoin have become the order of the day and at that, we must be on the look out for their market break out shortly.

But we also need to have this at the back of our mind that layer 2 and other meme projects are best for short-term speculations and at some point it may become obvious that holding them for long-term holding won't be a wise investment choice.

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Quote from: fmz89 on October 24, 2023, 09:11:47 AM

For short term, meme is the best one, move fast, capturing profit and move to other reputable coin, or just go with btc until settle, trade alt with btc pair in bullrun to maximize profit, and trade with stable coin when downturn

But I think they are very risky. They are not different to those shit, scam, pump & dump coins. Maybe some of you thinks they are harmless because they are hiding on the cute name and logo. If you have a plan to move into a reputable coin, then why can you just move on to them immediately?

There is no need to complicate things anymore. There is no need for us to waste money, and time. We should make every drop of money counts. It is needed to attain a maximal profit when the bull run time has arrived. BTC is much superior to altcoins so what you are planning there is fine but I don't want to convert it again with a stable coin as they are also risky. I mean they are centralized and they can depeg.

TakeItEasy

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Quote from: wxa7115 on October 23, 2023, 12:52:20 AM

If what you are looking for are short term profits then you need to look at the volatility of your favorite coins and pick the one that shows the highest level of volatility you can find.

And this can be done by using some of the indicators which have been created for this express purpose, however it is important to mention that doing such a thing will increase the risk you are incurring in a dramatic way and you should find a way to counter this tendency, since if you were to fail at achieving this goal the volatility could end up playing against you.

It will be at greater risk also, a trader should take each step very carefully. I mean if it is more volatile how could be better if it fails suddenly, we can say it is crypto but we should already have some precautions for it through which we could take a step forward. The main thing a person should do is he has to look at the coins which didn't have more changes in them. For example, if it is changing its price faster I know it will give him more profit in the day trading but if he goes to loss then also it will give him a sudden loss which will be not a good idea I think in this case. For sure, coins in the market are more volatile in between some of them but there are also some good plans to buy them before they change their nature.

As indicators would be a better choice to take control over the prices I mean to get possible notifications about these coins from time to time and then take a step forward for better investment.

GreatArkansas

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Try layer-2 network tokens, especially new ones. Because just in case we are in a bull run again, we will see a huge increase in the market cap of Decentralized Finance (DeFi) while the majority will benefit from it will Ethereum, and second is for sure layer-2 networks as they will become alternative for Ethereum.

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Quote from: tokeweed on October 24, 2023, 07:32:14 AM

With the current run up, I think Friend Tech will start saturating as the degens would rather trade perps and alts than buy FT keys... And if so then the FT guys will start dumping their keys to get some ETH to trade perps and alts as it's where the action is.

I don't remember exactly, but Base will probably launch their token in 2024, and prominent names in the ecosystem like Friend Tech have been quite attractive recently, but the socialfi trend is quite hyped though. I still understand that they have potential, but initially it's just hype. It's been a few weeks since I last visited Friend Tech, and I was actually quite surprised with the interface changes as well as seeing a lot of exciting activity on it, but besides buying the KEY, perhaps need more time for them to upgrade the product.

Quote from: tokeweed on October 24, 2023, 07:32:14 AM

Another thing that could happen is after the run up on BTC and alts get saturated, it could happen like the last time and a lot of the money went in NFTs. Better start window shopping if you missed getting in the alts.

I hear a lot about this too, but some of the categories I'm looking at in terms of L1, NFTs, P2E, and even memecoins are all responding quite well to the bitcoin movement. Maybe in a short time we will witness some FOMO about a name, the positive signals are gradually increasing and erasing everyone's doubts.

Topic: What Coin is Best for short term speculation - page 2. (Read 558 times)