Post
Topic
Board Altcoin Discussion
Re: HODL Strategy - Exchange Coins
by
Raytheon
on 06/05/2021, 11:32:40 UTC
All the coins/tokens you picked have increased by multiple times. Holding those won't bring you huge profit. If it were me, I would apply similar strategy but with less known exchanges/platforms. Some of typical examples are BAKE (bekeryswap) and BANANA (Apeswap). Both these tokens have just increased by many times in the last couple of weeks.

Agreed, they have increased. You got the idea but you are saying to implement it in less known exchanges with an extreme risk Cheesy. Risk might High to Very High in the coins I picked. But your idea got extreme risk and so lucrative returns.

Out of my picks CRO is still struggling to pick up and it's popularity is picking so I see potential in this.
As a saying goes "High risk, high return", those somewhat established exchanges coins/tokens only can bring you 10%, 20% profit if you buy it at this time while risks of being loss still remain. Anyway, the important thing here is risk management. I only invest in less known coins/tokens with those amounts that I am willing to sacrifice. If I win, I win big and if I lose, it's not much of a deal. Btw, CRO is an interesting coin. I will take a look at it. Thanks for mentioning it.