Bitcoin Forum

A coin that will make significant profits today must have started to show some sign of bullish trend for weeks or month. You have to watch the charts in other to find out what happened during the accumulated angles of the trading cycle. A coin or toKen that may break-out today were seeing by the group of traders and some of them have taken a position to make money from it. The same thing has happened when Bitcoin got a retest of $10,250 two days ago.

What is the coin? Or we need to find it ourselves from the 1000s of coin? Or you talking of btc breakout?

I think the op is talking in the general sense, what it happens is that many people want to enter in a market and want it to skyrocket immediately and that is not the way it happens, you need to find a coins and invest when things are not looking that good then if the project is any good it will begin to show signs that is ready to grow and eventually everyone wants to get in and that is when it skyrockets, those that invest at that point may get 2x or 3x max but those that took a position early can earn 10x to 20x easily.

If we are talking about Crypto-Currencies in general I think it's too risky, no?
The x2, x3 profit might not happen... And the profit result can be negative.

When things aren't looking that good for an AltCoin it's probably already dead. Some main AltCoins don't follow this pattern, but many of them yes.
I would invest only in Bitcoin this way. That is the only currency I trust would surely recover even if it looks too decrepit at the currently moment.

Exactly, people are usually impatient and want to see their profits right away.  As long as the coin or token has great fundamentals and nice vision then it is a great coin to invest on no matter what the price action because in the long run you will be very confident that the price will rise.  Timing is a great thing to have and looking for great coins maybe hard but it is sure worth it.

Looking coins that have a strong fundamental and also have potential to hold a long run are hard to find and identify.
Yes some people can't wait and hold for a long run mostly some tokens or coins emerging in coinsmarketcap are crashing out.
I experienced that scenario a few months ago i hold some tokens from one of ICO's project, first launched in market exchange the price was so high but after a months the tokens become a shit. That's why i don't hold for a long run.
Being impatience, i think it depends upon the situation much better to read very well their all whitepapers and roadmap the coins that you invested.

There is no denying that is incredibly difficult to find good altcoins to hold for the long term and to do it at the early stages of the development of a coin, you will probably need to dedicate several hours a day everyday to find coins like that but the rewards are worth it, besides this is just like any skill, the more you practice how to find good coins to hold for the long term the better you will become at it and the easier it will become with time.

I got to look for it myself and have even an idea what Op trying to say,, we’re given some hint and it is for us to research for it and a token/coin that has the potential to increase drastically after the red market and a group of whales might pump it faster.. I hope it would be one of my altcoin but if not then that’s unlucky for me but hopeful it will be.. So cross the fingers..

No one starts to a thing directly to be an expert which it do really takes practice and practice which would requires time for you to get the idea but still even professionals do still have a hard time searching for those coins which do have the potential to rise up either on a short time or for long term.Its not easy but yet it can be handled if you do really have the knowledge this is why we do make risk to engage with it because we do believe on what we believe.

There are many problems to learn about the world of bitcoin, Altcoin, Blockchain technology in particular and the CryptoCurrency industry in general. If we do not invest, prepare all of that knowledge, it will be difficult to find a profit in investing in the cryptocurrency market. The cryptocurrency market has been a top choice for investors, and if you want to make a profit from crypto without preparation, you will lose out to other investors and trading ineffective.

Many are not prepared of some new altcoins that has a potential to explodes in exchanges so they or we better watch out for this in some announcements channels and forums.