Post
Topic
Board Altcoin Discussion
Re: Catching rising coins
by
unusualfacts30
on 15/10/2018, 06:12:15 UTC
Hi Guys,

For active traders who are monitoring the charts daily for long hours,  I am curious to know what you do when you see a coin rising swiftly. Do you jump on the wagon immediately, wait for a pullback or just watch it go and crash and be happy you didn't get lured into it?

You have to research and figure out why it's rising in the first place before you put any money into it. There are multiple reasons it could rise including small pump before dump. If it's a crypto that you actually like then you can dive in no problem but if you're just in for quick gain it's important to research what you're putting your money into. you don't want to be left with bags for crypto that you do not plan to hold for long term.