Post
Topic
Board Altcoin Discussion
Re: How to profit from altcoins collapses?
by
JoyMarsha
on 19/02/2023, 14:57:28 UTC
Is it possible to profit from collapses of altcoins? Do you have any ideas how to?
The altcoin invested will determine that, though. Not all altcoin can recover from price crash. Just a small number of altcoins that have seen price crashes result in profits for their investors because the project's investors bought at a reduced rate and sell at it high rate when the price of the altcoin increased.

You can decide to use risk management strategies to invest in altcoin that have potential since the bear market is currently in effect. You could consider investing in some of the top 50 altcoins on CMC. Don't forget to invest with spare cash and to diversify your portfolio.