Re: What altcoins do you think are currently still cheap but have good potential for
Maybe i should learned you this my little on how i select mine, i use the list of highest loosers to speculate on their previous performances and check their market cap and volume, risk buying them when they are low and hold them for a while on exchanges before releasing them back to sell, Investing on altcoins has to do with what we so believe in from the research taken over them.
from my experience doing thing this way is like catching falling knives, we never know where the bottom is at and when it does indeed still going down, well too bad thats gonna be huge of a dump that might eat our capital.but yeah it sometimes work, just wait until its trying to break some resistance then we can invest when it dumps a litlte bit.
always remember that the market sometime become so unexpected, i think there's no sure way to know whether an altcoin gonna go up and go down, but one thing for sure if the coin is good enough fundamentally and backed by some serious venture capital out there i think the coin will just gonna be turning out great anyway.
altcoin that suffer 99% drop in price and still active in development sure it will recover atleast 25% from last ath, avoid old coin they treasury been depleted to much
newer coin or atleast from 2021~ still fresh with cash in hand to be burned for next pump
agreed with this, as an example, is ICP, they have recovered plenty around these bullruns. other than that might be cardano and matic.newer coin or atleast from 2021~ still fresh with cash in hand to be burned for next pump