Post
Topic
Board Altcoin Discussion
Re: How to profit from altcoins collapses?
by
Dr.Osh
on 05/02/2023, 06:44:24 UTC
Is it possible to profit from collapses of altcoins? Do you have any ideas how to?
The possibility of getting profits when altcoins are falling is very huge. for example, in the fall of Terra Luna Classic, even though Terra's fall was very bad news for the holders, many people took advantage of the moment to gain huge profits. This proves that we can benefit from the collapse of an altcoin. However, it all also depends on the strategy you have. You can benefit by taking advantage of the volatility that occurs, or short, and you can also buy these altcoins in large quantities, and hold them for a long time.