Post
Topic
Board Altcoin Discussion
Re: Which altcoin pops up next? How to predict?
by
Wakate
on 06/12/2024, 19:49:53 UTC
Altcoins popping up like in a game "whack a mole". Some did 50%, some did 5x. Is there any methods that could be used to predict which altcoin will be next? (I guess there must be some indicators, narrative and etc.) or it is purely random game?


I don't really know if trading indicators work well in cryptocurrency but I don't think we can depend on indicators always to make money. Indicators are lagging tools to use in the market if we want to be making money as either a trader or investors. We ought to utilize indicators with price action or other tools in the market to keep making money as crypto in investors. If you want to be able to predict the market, then you must be good with the potential of analyzing the crypto market. There are traders that are very good at knowing what could be the possible direction of price and this has made them to keep utilizing the strategy to make money without any stress.