Quote from: kawetsriyanto on January 05, 2022, 10:56:27 PM

Quote from: tippytoes on January 04, 2022, 11:48:31 PM

So you need to adapt what is applicable to each project as you can't apply the same strategy for all alts. There's no perfect strategy in this market as you are just basing your actions on what you are seeing and observing.

Yep, that's exactly my point. Each trader doesn't use a single strategy, they usually adopt the strategy along with the change in crypto market trend or the characteristics of the price movement of a crypto coin. These two factors may determine what strategy is more effective to be used. Before deciding what a proper strategy to apply/use, a trader probably does his own research/analysis. I am sure most of us have done it many times, which means already know varied strategies in trading.

The problem with that approach is that you do not know what kind of behavior you will encounter when you invest in an altcoin, there are coins that skyrocket as soon as they enter an exchange while many others crash, there are other coins that never present any major movement while others are so volatile that predicting what comes next is impossible, this is why a more general approach is often the best, as it allows you to to simplify your strategy and to avoid second guessing yourself.