Post
Topic
Board Speculation (Altcoins)
Re: What Coin is Best for short term speculation
by
TakeItEasy
on 01/11/2023, 15:09:44 UTC
For short term, meme is the best one, move fast, capturing profit and move to other reputable coin, or just go with btc until settle, trade alt with btc pair in bullrun to maximize profit, and trade with stable coin when downturn

There is a lot of risks involved in these meme coins, as I have never seen a meme coin which have a low risk. Even if we compare more coin in the cryptocurrency then we can say that meme is much risky as compared to the other ones. They have a low risk even if the go up and give you a profit it might be low but would be a profit. And even if they give you a loss that would also be not that much.

But if we can calculate about the other ones, like meme coins then risk factor involvement would be higher, still believing here that for the Short term BNB would be a better choice for anyone like now the bitcoin prices is moving quite nice and the market is better now as we have seen some jump from the price of $26k to $34k.