Post
Topic
Board Altcoin Discussion
Re: Does anyone know any good volatile coins that I can make a some money with?
by
acdc
on 05/06/2021, 22:01:10 UTC
If volatility is your only parameter, then why don't you go for Ripple (XRP)? The legal battle with SEC is still ongoing, and when some ruling is made against them, you can expect the XRP exchange rates to go down by 60% or 70% (it has already happened multiple times). You can accumulate using these dips, and then sell when the prices are back to the normal levels. Another coin that comes to my mind is Dogecoin, but it is too overpriced right now. You can also go for BCH or ETC, if you are OK with more moderate gains.
Doge is overvalued and it is easy to crash in the future. Chances are you'll be in trouble if you invest in Doge right now.