Post
Topic
Board Altcoin Discussion
Re: How to profit from altcoins collapses?
by
Pamadar
on 15/02/2023, 17:08:55 UTC
Is it possible to profit from collapses of altcoins? Do you have any ideas how to?

Are you sure you want to take part of the collapsing altcoin? if you are sure then there you have taken advantage of the altcoin if the price returns to normal. however, what you have to pay attention to for each altcoin that collapses is the potential it has, if it has good potential then you are not wrong to keep it in your wallet for a long time until you can get profits and you can release it when the market is normal
An altcoin that has potential, so when it collapses, it is likely to get back up and it is not easy to find an altcoin like that,
easy examples such as Ethereum and BNB coins are both potential and quality coins that need not be doubted.

do you think only Bnb, and ethereum altcoin have potential? I don't think so, friends, of course there are lots of altcoins that have potential right now. and even some time ago there was a collapse like Matic and cardano, and that in my opinion is an altcoin that also has potential.

There are many different opinions and speculations about the coin that traders and investors are choosing to be part of their investment, it will be depending on how you deal with your research and how you trust your instinct when choosing a project.

I also see that goo dpotential with Matic and Cardano, if you have good spare to invest you can
add these two in your list and wait for the market to pump up and bring your some decent amout
of benfits.