Post
Topic
Board Trading Discussion
Merits 1 from 1 user
Re: Which strategy you apply in recent bullish market?
by
LeGaulois
on 20/03/2019, 09:52:15 UTC
⭐ Merited by sujonali1819 (1)
If we look some previous day we can see everyday must pump one or more than one coin. And if start to pump then It continuously  cross 50%-100% even 200%. So I want to know how you earn a lot of profit in this market? Have you caught all pumped coin?  If yes Then please explain here so that we can earn profit also.  

You're talking about the new altcoins entering in the market. It's always the same scenario, people jump on it to buy as many coins as they can. Or when a coin is added to Binance you can too see a big pump the next hours. (there are other cases too, of course). But it doesn't stay long, just a few days/weeks and the situation usually comes back to what it was.

The strategy to apply is clearly a short term position. Don't buy a coin thinking it will pump in the long run (you can buy a coin for the long run but do it within another strategy) It's a matter of hours sometimes before the price decreases (once the hype faded). Be ready to place your sell order asap