What Coin is Best for short term speculation

tokeweed

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Aaand 9 days later it's not playing out as good as I anticipated with WEB. Cheesy

GROK went up on high volume sucking liquidity away from most memecoins then when it trend started to falter, it just gave an opportunity for another memecoin to suck remaining liquidity away again. And this time it's another token that's playing with the 'Elon Meta' with the ticker GFY which stands for Go Fuck Yourself. Lmao.

If you guys didn't know, Elon Musk told Bob Iger to go fk himself when he was interviewed... Hence a new memecoin was born. Nice. :/

colinistheman

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Quote from: Tomcolor on November 30, 2023, 04:18:28 PM

I will be never consider investing as short term and the best way to get profit from crypto in short term is trading which takes time and money to learn. But it is possible to get small profit from short time investment but very few numbers will be like that. Most of the tokens will be dumped after purchase and then you will have to wait for days to sell. But there are other businesses in personal life where short time profits are available.

The day traders only look for the short term profit,their target will be just one day.The coin price will be fluctuated in a same day even in the bear market.So the day traders will check the market fluctuations for the margin profit.The current bull market to help with some margin profit,So it’s better to choose the good project like Ethereum,Ripple,ADA,Matic and bitcoin will be considered as good coin for both short as well as long term profit.The trading person should do the self evaluation for the more profit.

Tomcolor

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I will be never consider investing as short term and the best way to get profit from crypto in short term is trading which takes time and money to learn. But it is possible to get small profit from short time investment but very few numbers will be like that. Most of the tokens will be dumped after purchase and then you will have to wait for days to sell. But there are other businesses in personal life where short time profits are available.

Boomber

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Quote from: GreatArkansas on October 25, 2023, 09:53:26 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.

I agree with you, because the Layer 2 project is one of the projects that is popular and many people are interested, so by investing in the Layer 2 project, there is a possibility that we will get a lot of profit when a bull run occurs and the Layer 2 project that I recommend is Bitrock, because Bitrock is a Layer 2 project that is still new and has the potential to become a popular project in the future, so we can get a lot of profit from investing in Bitrock at this time.

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Quote from: nimogsm on November 26, 2023, 06:48:24 AM

for short-term speculation, a good option for me is LTC and Matic, they are quite simple and predictable and adapt well to market situations. For many years I have always worked with these two options and have no regrets. Several of my friends also prefer these assets as well.

Well Polygon seems to be sleeping till now and a chance of blowing up is there , but Litecoin ? isn't LTC have stopped increasing for years? while there are several forks happened yet still stagnant to its value.
so what is the sense of investing and holding this? aren't we diversifying for more suitable and safer altcoins?

inthelongrun

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It depends on what kind of best. If it is about multiplying your investment to the highest level then it certainly belongs to the riskiest coins out there, probably meme coins, new coins, or low-valued projects. In terms of stability, the best coins are obviously bitcoin and then followed by ethereum.

Right now my portfolio is still heavily into bitcoin at around 70%, ethereum at 15%, and the rest are doge, link, sys, gala. I'm also planning to take once again some risk on new coins but I'll do it next year which is the halving year where the market is expected bullish.

Sebas.tian

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Quote from: Wiwo

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 think, XRP and Solana are the best altcoins to invest now and have some benefits to embrace when the market price change positively in the future. If you look very well, you will see that those two altcoins stand in a good position to make their investors wealthy, if they can hurry up to be part of this opportunity that is on ground in this month of November because their price will definitely increase higher before the end of next year to cause their investors to achieve passive income from their investment. I will advice you to invest on this two altcoins in this bearish season, and you will not regret in your decision in the future because their teams are potential team that fight for the progress of their investors.

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Quote from: Wiwo on October 22, 2023, 03:58:18 PM

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 myself have no faith in meme coins because I have seen the Ups and Downs of those coins in
pandemic season and Yes it is not that safe to trust or else you must know what a roller coaster means in
investing market. how many times that users fails while only few have made their earning greater.

I would rather by High value coins like Binance Coin or Ethereum than trusting Memecoins.
also your friends have their own faith and yours are different ,so act accordingly depend on your outlook to
what coins you are going to invest.

or if you still have big capital , then why not include more on bitcoin? though you are asking
for short term yet Semi long term is still the better way to treat crypto investments or best to be ready
if what will come your way , remember also that there are side ways in this market things that will hurt us
if we are not ready when it will happen,better to be ready than to be trapped forever in shitcoins and meme coins.

Quote from: batang_bitcoin on November 15, 2023, 06:47:53 PM

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.

or maybe those Pump and dump coins? that will bring Him instant profit and soon making money(if chooses the best coin of course)

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Quote from: Wiwo on October 22, 2023, 03:58:18 PM

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.

Have you checked on dogecoin? Somehow I feel that the coin might have a good ride with the bitcoin bull. Last time it had a good run with bitcoin and propably it will repeat it again. To buy dogecoin this time around is also a good investment, it is a short time investment within one year after halving. Dogecoin has had a little increase from last two months jumping from 0.05 to current price at 0.07.

nimogsm

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for short-term speculation, a good option for me is LTC and Matic, they are quite simple and predictable and adapt well to market situations. For many years I have always worked with these two options and have no regrets. Several of my friends also prefer these assets as well.

mdzahed134

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Quote from: bluebit25 on October 23, 2023, 02:38:31 AM

I'm not sure which one will be the best but I think in the short term we can easily see altcoin growth, I think there will be a lot of names like ETH, BNB, XRP, LTC,DOT, LINK, .. will all receive a pump.
But obviously we all understand the volatility of this market, and everything should be balanced between risk and reward. Although recently I have always encouraged the accumulation of BTC, but this topic is about short-term altcoin content so I recommend that everyone calculate carefully before making a decision.

I don’t think Ethereum is the short term investment, it was stable for the long term, when recently BTC is crossed 37k$ then ETH is also hit 2k$ otherwise i didn’t see any good movement in ETH, so i can't be considering it’s a short term speculation. Same opinion about BNB, it’s gradually dumping and specially after SEC charged it’s always going downtrend.

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Quote from: fmz89 on October 24, 2023, 10:11:47 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

can you name one for the time being ? because its easy to say what kind of coin but the specification is the issue.

e.g. Dogecoin is one Meme coin that have proven its capacity to be Pump and Dump coin but have stayed here long time now meaning? you can rely if willing to take long.

Quote from: andyou1234 on November 17, 2023, 03:36:13 PM

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.

so Another Meme coin fan? really SHIB ? what comes from Shiba Inu that made you full support? are you truly investing on this
or just shilling?

ivankoh

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My point is, short-term investing does not meet current market trends and conditions. Therefore, finding short-term, high-profit investment options is extremely difficult. I'm aiming mostly for mid or long term, SOL, TON, ETH, BNB are my stack

tokeweed

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Here's another coin that could be a nice hold short term: WEB. Grin

It's another one of those memecoins that's playing around the Elon Meta. It's based on another AI project by Elon Musk. The other one is called Grok, hence a memecoin called GROK was made and mooned more than 50x since listing. WEB might be the next one in line to moon. Bottom's already in tho, but as a momentum play, it still looks good.

Check out the 4h chart. It's breaking out for sure.

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Quote from: Tigerheart3026 on November 18, 2023, 10:03:32 AM

Quote from: kevindjunaidi on October 24, 2023, 11:08:21 AM

Binance is the best coin for the short term, especially if you hold it for the long term, because in my opinion the price of Binance will increase if there is a launchpad, therefore if you invest in Binance, then you can get profits quickly if Binance releases a new launchpad, because the price will definitely increase and give you a lot of profit, therefore I recommend you to invest in Binance for the short term or you can invest for the long term too.

if bnb is for short term speculation then why you again suggested to hold for the long term, isn't that going to be contradictory?
i am recommend small altcoins in short term trade, i did not see such good action from bnb even in the green altcoins market,
i show some an example you can check sol,matic,doge,ton these are going massive.

I often pay attention to the price conditions for BNB when the price is just here and there suddenly there is an increase apparently there is a new launchpad being held. It is true that the new launchpad has great potential and can be a reference for increasing profits at BNB.

Regarding short term trading, for example in soles, it is currently quite tried and true. Today. see sol at $54.37 and still doing well after issues from the Binance platform

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Quote from: Wiwo on October 22, 2023, 03:58:18 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.

For meme coin like PEPE, I have probably answered similar posts many times, for me this meme coin only lasts for a short time and if the price falls very far. This coin only relies on hype from figures who have influence in the world, for example Elon Musk, hype from influencers, the more news spreads about this coin, the more the price goes up, that's what I think. I was not surprised by that because previously I had heard the issue of BTC increasing too. BTC prices of 25k to around 30k, I think last year the phase was also very different in price alone. The point is that prices rose slowly in August and now above 30k. In essence, the price of BTC rose in phase 4.

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Quote from: fullhdpixel on November 21, 2023, 10:53:39 AM

Quote from: andyou1234 on November 17, 2023, 03:36:13 PM

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.

Meme coins that have been through the hype once wouldn't have the same growth potential again, so you shouldn't invest in meme coins thinking that you may gain the same amount of profits that early investors of these coins did when they were being hyped by the community, and apart from hype, there is nothing else that can make a meme coin gain value because they don't have any quality that can make then gain organic growth, so they shouldn't be recommended investments, even for the short-term.

It's much better if an investor finds coins and tokens that are established or even new but have organic growth potential because they are genuine and good projects backing those coins and not just a couple of creators with anonymous identities that people don't even know the names of or where they come from.

Or simply into those meme coins that already had reached out their ATH on which i dont see for it to be worth that you would really be that investing again into it but it isnt really that bad to consider
when you do see that it is already on its all time low and you've still seen someone whose really that holding or bagging with these coins on which they are really that believing that it do still
have that one shot to the moon without even trying out to realize that it is long time gone not unless if the team does really shows progress or continous development towards their project or coin.
It is really not that safe to say though about having that kind of probability on having that huge next jump considering that everything would really be that depending or basing up
with the demand.

You cant really that make yourself give out that kind of assurance but well there are people who are really that trusting up a certain project or coin
despite with those market conditions or whatever fundamentals that it do have behind.

Dunamisx

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When we are to consider altcoins, there are many of them one can never stop making selection over, like as at this week, much is on talk concerning Solana, this cryptocurrency may not be the best because others are still making high performance than it, yet we still have so many other coins to look on base on their recent performance, cryptocurrency is something that can be full of amazing surprises when the bull market arrives and they are pumping, but same we do experience a bear market in them when they are falling down.

fullhdpixel

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Quote from: andyou1234 on November 17, 2023, 03:36:13 PM

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.

Meme coins that have been through the hype once wouldn't have the same growth potential again, so you shouldn't invest in meme coins thinking that you may gain the same amount of profits that early investors of these coins did when they were being hyped by the community, and apart from hype, there is nothing else that can make a meme coin gain value because they don't have any quality that can make then gain organic growth, so they shouldn't be recommended investments, even for the short-term.

It's much better if an investor finds coins and tokens that are established or even new but have organic growth potential because they are genuine and good projects backing those coins and not just a couple of creators with anonymous identities that people don't even know the names of or where they come from.

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Quote from: kevindjunaidi on October 24, 2023, 11:08:21 AM

Binance is the best coin for the short term, especially if you hold it for the long term, because in my opinion the price of Binance will increase if there is a launchpad, therefore if you invest in Binance, then you can get profits quickly if Binance releases a new launchpad, because the price will definitely increase and give you a lot of profit, therefore I recommend you to invest in Binance for the short term or you can invest for the long term too.

if bnb is for short term speculation then why you again suggested to hold for the long term, isn't that going to be contradictory?
i am recommend small altcoins in short term trade, i did not see such good action from bnb even in the green altcoins market,
i show some an example you can check sol,matic,doge,ton these are going massive.

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Quote from: JeffBrad12 on November 15, 2023, 08:35:57 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.

Wahyuihib

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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

Wiwo

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Quote from: tokeweed on November 16, 2023, 08:53:21 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

tokeweed

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Quote from: kevinzxz on November 15, 2023, 05:23:23 AM

Quote from: Wiwo on October 22, 2023, 03:58:18 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, 03:58:18 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, 03:34:16 PM

Quote from: wxa7115 on October 23, 2023, 01:52:20 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, 03:58:18 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, 10:11:47 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.

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Quote from: Wiwo on October 22, 2023, 03:58:18 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, 09:53:26 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, 12:25:09 PM

Quote from: barhavsky on October 24, 2023, 03:34:20 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, 03:34:20 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.

Wiwo

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Quote from: GreatArkansas on October 25, 2023, 09:53:26 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, 10:11:47 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, 01:52:20 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, 08:32:14 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, 08:32:14 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.

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Quote from: Wiwo

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 think, Binance and Solana are in the best position to help short term investors to achieve income from their altcoins investment because Binance and Solana don't use to take a long time like the way some new altcoins in the market used to take a long time before the price will increase for short term investors to make income. Now that there is a massive moved of Bitcoin few days ago that gave many altcoins price to start displaying green light to alert short term and long term investors to get set for the massive bullish that is going to take place soon, and it will help short term investors to make a good income. Since many altcoins holders has shared their testimony about the huge amount of income they made from all those altcoins that gave plenty investors to increase their capital on Binance and Solana.

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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.

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Quote from: kevindjunaidi on October 24, 2023, 11:08:21 AM

Binance is the best coin for the short term, especially if you hold it for the long term, because in my opinion, the price of Binance will increase if there is a launchpad, therefore if you invest in Binance, then you can get profits quickly if Binance releases a new launchpad, because the price will increase and give you a lot of profit, therefore I recommend you to invest in Binance for the short term or you can invest for the long term too.

I could have considered BNB at some point, but then I have realized that most of the already established coins most especially those that are liquidity providers like BNB will not give that 10x that a single meme coin if pumped can give you that even more.

So for that, I believe holding such a coin for the long term is no different from holding a stablecoin since its volatility rate is very low and the possibility of a big market Lumb depends on Bitcoin.

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Binance is the best coin for the short term, especially if you hold it for the long term, because in my opinion the price of Binance will increase if there is a launchpad, therefore if you invest in Binance, then you can get profits quickly if Binance releases a new launchpad, because the price will definitely increase and give you a lot of profit, therefore I recommend you to invest in Binance for the short term or you can invest for the long term too.

fmz89

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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

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Quote from: bluebit25 on October 24, 2023, 03:57:57 AM

Quote from: Wiwo on October 23, 2023, 06:58:33 AM

(...)I also expected you guys to speculate names of coins like PEPE which have done some significant price movement and most importantly what it takes to arrive at another pump.

Honestly, I'm not one to speculate and look for opportunities with fluctuating hype trends. But of course some lowcap terms, gems,... will appear more in the near future, and there will be new names that will make the FOMO community crazy.
Previously, I thought about some meme names that hadn't appeared yet but when I searched for them, they had already been created

, though some areas of ecosystem infrastructure and surrounding utilities will always be available. These are things that developers exploit at each bullrun stage, so after doing some searches, I boldly mentioned some names like friend tech, memeland,... but most of them are just short projects and if the opportunity is seized, I think some projects will bring big profits.

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.

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.

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Quote from: Wiwo on October 23, 2023, 06:58:33 AM

(...)I also expected you guys to speculate names of coins like PEPE which have done some significant price movement and most importantly what it takes to arrive at another pump.

Honestly, I'm not one to speculate and look for opportunities with fluctuating hype trends. But of course some lowcap terms, gems,... will appear more in the near future, and there will be new names that will make the FOMO community crazy.
Previously, I thought about some meme names that hadn't appeared yet but when I searched for them, they had already been created

, though some areas of ecosystem infrastructure and surrounding utilities will always be available. These are things that developers exploit at each bullrun stage, so after doing some searches, I boldly mentioned some names like friend tech, memeland,... but most of them are just short projects and if the opportunity is seized, I think some projects will bring big profits.

TakeItEasy

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Quote from: Wiwo on October 22, 2023, 03:58:18 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.

BNB would be a better choice for short-term trading as its price nowadays is not too high. I'm also doing trading in BNB as day trading because holding it is also better, you can hold it for a long term. I think it is the coin that is better for day trade and also if someone wants a big profit he can hold it for the long term.
As we know its price is swinging very quickly as we have seen too many times, the only quick I have seen so far is that we have seen its price daily change very quickly. Similarly, there is another option for you is Ethereum, should also invest in it for day trade and quick trade which will be also profitable. As the market is quite good now, I think both of these coins would be better to invest unless it is too late. Now is a chance for a better investment plan regarding these coins.

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For really short term speculation, it's gonna be the newly listed memecoins listed in Uniswap. That's if you know what you're doing, you don't get your money trapped in honey pots and dodge the rugs. I've seen some guys make make a good clip out of it.

And come to think of it, there are the newer but more established memecoins out there that seem to have a good following and doesn't seem go away for the time being. Check out SPX, CAL, MOG, ticker $BITCOIN in Ethereum, AIDOGE and POGAI in Arbitrum, TOSHI and MOCHI in Base.

NFA.

Another thing I'm looking into for short term trading are sports fans tokens. Cheesy

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Quote from: Wiwo on October 22, 2023, 03:58:18 PM

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.

If i may go by in giving you my recommendation here, you can choose ethereum, doge, litecoin, these are the three altcoins i know has a better future prospect on investment if you can hodl, there are a number of digital altcoins recently introduced as well but i cannot take the risk in those currencies for an investment because we don't know what may come after their speedy performance within a little time unlike those that have been consistent despite market challenges.

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Quote from: Reatim on October 23, 2023, 06:20:23 AM

Quote from: bluebit25 on October 23, 2023, 02:38:31 AM

I'm not sure which one will be the best but I think in the short term we can easily see altcoin growth, I think there will be a lot of names like ETH, BNB, XRP, LTC,DOT, LINK, .. will all receive a pump.
But obviously we all understand the volatility of this market, and everything should be balanced between risk and reward. Although recently I have always encouraged the accumulation of BTC, but this topic is about short-term altcoin content so I recommend that everyone calculate carefully before making a decision.

Binance and Ethereum is my priority but not for short term instead to semi long term , like what I was waiting for the halving followed by bull market.
also Ripple is something that I have but only small amount because of what happened to them from SEC .
though the majority of my funds lies on Bitcoin , this is not for short term but Have proven to be safe and better.

My best choices also most especially BNB since Ethereum seems to be relatively stable and always follows in the direction of Bitcoin market, I also expected you guys to speculate names of coins like PEPE which have done some significant price movement and most importantly what it takes to arrive at another pump.

This is not an investment advice any ways, but then, we have to pay close attentions to some of those coins that are in the meme category since the aim is on the short-term basis.

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Quote from: bluebit25 on October 23, 2023, 02:38:31 AM

I'm not sure which one will be the best but I think in the short term we can easily see altcoin growth, I think there will be a lot of names like ETH, BNB, XRP, LTC,DOT, LINK, .. will all receive a pump.
But obviously we all understand the volatility of this market, and everything should be balanced between risk and reward. Although recently I have always encouraged the accumulation of BTC, but this topic is about short-term altcoin content so I recommend that everyone calculate carefully before making a decision.

Binance and Ethereum is my priority but not for short term instead to semi long term , like what I was waiting for the halving followed by bull market.
also Ripple is something that I have but only small amount because of what happened to them from SEC .
though the majority of my funds lies on Bitcoin , this is not for short term but Have proven to be safe and better .

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For short-term speculation, I'd suggest keeping an eye on what's trending now. Over the recent weeks, several major coins have shown remarkable momentum.

Solana and Chainlink are the two examples. They have shown great price action in the past week, their bottoms are probably in already and they might keep going up until they hit the next big resistance. Be careful though if you want to get in now as the first leg up has already happened. But still, I'd look for dips to increase allocation on these.

As for meme coins, I've mostly stayed away from them. The risks and the gas fees (for those on Ethereum) aren't compatible with my style.

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I'm not sure which one will be the best but I think in the short term we can easily see altcoin growth, I think there will be a lot of names like ETH, BNB, XRP, LTC,DOT, LINK, .. will all receive a pump.
But obviously we all understand the volatility of this market, and everything should be balanced between risk and reward. Although recently I have always encouraged the accumulation of BTC, but this topic is about short-term altcoin content so I recommend that everyone calculate carefully before making a decision.

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Quote from: wxa7115 on October 23, 2023, 01:52:20 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.

You are right, be for choosing any coin and expert short term reaction in market then it must be a highly volatile and risky of the coin you want to go for, and most times, this method is mostly favorable for those who just want to gamble with altcoin and will only choose those coin that can easily be pumped and dumped, so one need to be actively smart enough to be able to take out the profits, regardless of how much uptrend direction the team promised investors.

But still on still we have to limit our level of involvement and how much we risk on such coins since we are just speculating the short term ability and don't take it long term risk and potentials into account.

wxa7115

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Quote from: Wiwo on October 22, 2023, 03:58:18 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.

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.

Wiwo

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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.

Topic: What Coin is Best for short term speculation (Read 478 times)