Post
Topic
Board Altcoin Discussion
Re: Trend or long term projects?
by
BRINIRHA
on 03/02/2024, 12:35:49 UTC
Crypto is mostly unexpected and we don't know which token will give us high profit. sometimes we expect a big pump in the token and we believe that this project has a lot of potential but this token performance remains low throughout bull and bear season just like DOT and Cardano while some coins we often called them scam and spam pumped hard like ORDI, Pepe, Floki. It's all about trend when trend end then no one want to buy these coins.

What is your suggestions about profit from altcoins. Should we rely on only buying long term projects or we should invest according to trend despite of looking that trends coin will have no value in future?
I divide my capital for altcoins into two, namely 1 for long term and 1 for short term speculation such as following trends and such. But talking about profits is always more than altcoins we follow based on trends. Meanwhile, the altcoins that I have held for the long term have just sat there. Examples include ADA, XRP and BNB. And much more. So I changed my method to selling when there was an increase and stopping for the long term. And only include bitcoin if we are talking about the long term.