Bitcoin Forum

Yes I'm currently looking for altcoin to trade and ihope you all can recommend which is crowded because they're saying it's good if the coin has a bunch traders coz the process is more faster such buying and selling..unlike other coins that seemed stagnant and has a possibility to become stuck up for long term.  I'm now at the market actually staring to some altcoin.. I hope you can suggest even a new projects at least it's more on volatility ;)

Why are you chasing daily trade instead HODL? You will miss huge opportunity in the future if you only keep daily trade. Different with daily trade, you can maximize your profit by only HOLD in few promising altcoin which still undervalued for now

No one can give you the perfect coin for you to invest, because if people could predict the market so much, everyone would have been rich. Invest and trade only what you can afford to lose completely without any regrets, but with that said, I would recommend you to invest in already popular coins, because chances of them crashing very low has very lower probability, and even if they crash, there's huge chance they will rebound! So yeah, don't focus on coins which have recently entered the market :)

Try the wbpc coin in bithumb exchange, it has a good market movement until now but it is still up to you. Just learn the token first if you want. Daily trading is  entertaining but very risky. Holding  are also the same because you do not really know the future of every digital currency. All that we have is trust the coin and just prediction. If you are right with your prediction ,then the bigger you will earn good profit but if not you also lost, the same with daily trading. Well, people has their own choice, if where you think you are comfortable with and much knowledgeable, just go on.

Everyone can suggest you a coin to hold but you are still the one who shall decide which one. One altcoin that's very much trusted is ETH. If there is any other altcoin you want, you just have to do your own research (DYOR) whether it's worth it or not.

Its easier to trade on BTC actually than with altcoins, this is something to think about whether you want to hold or just keep trading.

because you are asking for advice on altcoin, then I will suggest as to the altcoin that I am currently trading. one of them Waves, why? I like the recent growth has been giving some profit signals since early april. (maybe you can see the growth for yourself) although almost all altcoin are starting to grow and it will make it easy for you to find the right altcoin to trade with ..

You can visit Binance, search for the red trend on the coins, and analyze one by one from that list. If you are good at analysis, I am sure you can found more than 3 coins to trade and sometimes, you can get hidden coins that can increase higher in the short or long term. But for the long term, I suggest you have bitcoin and hold it because bitcoin will rise in the future so that will be worth it for you to hold. Or you can try to search from CMC or Coingecko to find the coin that you want.

By the word crowded, do you mean that there are a lot of buy/sell orders and thus sufficient liquidity?
Liquidity can be found on one platform but not on the other. Therefore, there is a measure that determines the liquidity in the currency on the platform and other platforms as a general.

Generally, liquidity is not a measure to determine the direction of the price, and in most cases many platforms place random selling orders to increase their liquidity, so I think that it is a wrong indicator.


Look for a different indicator or focus on the platforms with higher market capacities even though I told you that it is a wrong indicator.

The only coin that is a large cap that hasn’t rallied too much is LTC however it’s with the BTC pair and not USD. Looking at most of the top 10 alts there is really not much out there.

I think it’s a good trade if your goal is to stack sats instead of just making fiat. I have a feeling we might be near a top sooner than later and buying ETH at $3K seems risky. If it undergoes another 90% loss we might see $150 ETH which would be a huge loss.

If you buy LTCBTC if BTC tops you can at least regain some sats if there is a pump into the top. Similar to 2017.

Thanks for all the answers guys. actually some say its more profitable when it comes trusted coins. But the fact that its so high nowadays and unpredictable when it gonna go down again in order for me to place a buy with affordable price even its for long term.. For me it's still very skeptical, because i, dont want to trade anymore with those high value already because it seems too difficult to earn even weeks or months especially if you trade with small amount..  So i think daily trading is the best option?

It's not that I don't want to give you the altcoin choice, but the trading styles and strategies we use are far and away from each other's comfort. Plus most of us are just long-term holders. with strong reasons why we are the holders, because from the experience of day trading it is still very risky and ineffective for now when the market is volatile. it takes daily analysis techniques and it is time consuming. so that minimizing it all, we always hold fast as long-term holders.

Have you heard about the shitcoins? They are doing their best over the past days and many are trading with it in short term because of its current trend and they are more volatile than you think.

You also have to do your own analysis before you trade, usually I do see the active altcoins in coinmarketcap and analyze if its still ok to trade or not, you should create your strategy in altcoins trading it can be a big help.

Maybe this could help? I've find Neo and BNB to be the best alt for trading every day because they are more stable and less volatility unlike other altcoins, also Vechain is a good alternative too but still you have to know how to read charts

That's right, coins that are highly traded are those top altcoins.

Should you invest in altcoins, you check coinmarketcap or coingecko and check all of those high rankings altcoins and use that as your reference.

Click each of those page that you see and see how much volume they have within the last 24 hours.

It is for the OP to check those potential coins that he can trade with.
But coins with higher liquidity are mostly the top alts.
Also, better choose the exchange that he wants to exercise his trading.
Mostly, top exchanges have better liquidity and you can execute your orders fast like in binance.
Anyway, as suggested above, he can always head to cmc or coingecko to check those coins.

Depend on what exchange you prefer to use. I personally love binance because of the easy look interference and a high number of cryptocurrency involved. Thus, I do not have to swap to any exchange to find a suitable altcoin. There are more than 200 cryptocurrencies to choose and most of them are awesome coins. They have officially website with prominent team which you can easily make your own research

for short term trading isn't it risky? I advise you to choose a coin that can be long or short term. because it is better than you have to risk your money. think about it before you get there

Binance exchange is one of the popular exchanges and no doubt most people prefer this exchange. That is why Binance is a safety exchange, l think it is most important to choose one of the reliable exchanges. On the other hand, if you want to invest in any project you should make hard research. As you above said there are a lot of cryptocurrencies and all of them are not successful. You should try finding one of the best currencies for getting profit in the future.

It is best to try coins around 80-150 on coinmarketcap to find gem possible to explode in altcoin bull market. I may give couple of examples: (do your own research tho)
Venus - good defi
Kucoin - nice alternative exchange token
1inch - another good defi
Telcoin - cheap money transfer
Serum - best Solana project
Swipe - card project

Of course top 25 altcoins are always the best ones but in bull rally its is already late to buy them in general. Depends on your own choices.

I can only recommend BNB to you. BNB journey in 2021 is very good, price BNB increased after the team reduced the supply of BNB in ​​the market with the combustion process that was carried out some time ago. The BNB is currently priced at $624, and will hit the $1,000 mark before the turn of the year. If you are still unsure about BNB or the price is too expensive for you, please check the list of coin that have the potential to benefit you at CMC.

I will give you a few pretty volatile coins which I trade. One is VET. This really is a hidden gem. It gives 4-5% movement daily easily. Even if you see it's ATR which is the Average true range it's generally 5% of the price so you can get quick movements pretty easily. Another Such coin is KCS, I have been trading this for quite a long now and it is a pretty good coin. It easily gives a move of one dollar daily and it's worth $15 currently which means an easy move of around 6-7% daily. DOGE coin too is quite volatile these days but it's too unpredictable I'll be honest. just one tweet from our beloved Musk and boom it just skyrockets. Telcoin is another good coin which you can try to trade it's quite volatile and gave a good movement last week.

Look for big volume with low price usually spread is enough to fulfil daily trading. But must get fast in action because high volume and more volatily or spread means you have possibility to left by the train and then get FOMOed. And then if reckless, you can end with buy high and sell low because of it.

Maybe holding coins listed from binance is a good alternative for now, because this got a higher potential to soar in the near future. I don't know exactly what's the best preference you wanted to take, what's really important is the community of the asset that you're going to choose. Don't take a risk if you can't afford to lose, because if you can't handle pressures you'll never win in trading.

If your purpose is for trading, I think you are better to choose top altcoins. BNB, TRX, XLM, XEM, DOT, SXP, XRP, Doge are the alternative coins with high volatility. In my opinion, it is much better to buy and trade with those coins than you choose coins from new projects. New coins sometimes are difficult to predict, some of them even can be dumped very severely.

Top picks alternative coins to trade now :

1. HOT
2. BTT
3. TKO
4. ARPA
5. ROSE

those are my top 5 picks alternative coin to trade these days, because the growth of those 5 coins are doing really great, it's very nice to gain the profit from all of those coins to trade.
i hope that it can be useful for you guys.

Still it's better to invest in top and trusted altcoins and hold it for months. There is high chance that crypto price will surge more in this year. You should invest your money in part by part whenever a market correction happens. It will help to reduce the risk. Although day trading would be better if you can analyze the market properly and carefully. Don't choose any low marketcap coin for day trading. And avoid those coins which price goes up for manipulation.

I would recommend only BNB to someone who wants to trade Defi on another platform other than Ethereum.

BNB looks like a solid buy now only because of the excitement on BSC with defi but there remains a lot to be seen once the hype has died down. Does BSC have enough good projects and good dapps like ETH does? Of course it does not. Does that mean the market price will be affected? Of course it will.

If you are looking to trade a token with large price volatility, it is best to look for new projects that are recently listed on exchange.
I am looking at UnitedCrowd - UCT - https://www.dextools.io/app/uniswap/pair-explorer/0x7e02eb1c6cc7b817891d5fbbdd567f6435dd31ee

You can profit quickly from big changes in price, but remember that this is a high risk and you can also lose a lot.

In fact the price of BNB continues to increase, since the advent of the BSC platform the project developer have preferred BSC over the Ethereum platform, because BSC transaction fee are much cheaper than Ethereum. When viewed in terms of innovation, Binance is faster at updating than Ethereum, this greatly benefits BNB in ​​the future.

I am not of the impression that BSC is getting close to Ethereum now. Ethereum is the flagship in that area. The price is just climbing and climbing and it does not stop. I have no idea where the limit of this Ethereum bull run could be.

The best portofolio to build now is still on DeFi ( AAVE, Compund, Cake, Sovryn or New DeFi Project ) and NFT ( vulcan Forged, Citizen Finance )Niche. If you want to buy some coin with smart contract function you can buy ADA, Solana, Polkadot or BSC ( ethereum also may have room to grow )

But like I keep saying, yes this is true,,, but the main reason if not the only reason they are doing so is because of ETH fees like you said. This was the same single argument that BCH and BSV shills used to say people would move from BTC to their chains. And it actually worked for a little while, and then stopped when people saw Bitcoin still had the good and secure network and real developers.

ETH is slower in innovation like BTC but because they are more careful and more decentralized.

If you want to trade altcoins, it is the best to choose coin in top 100 because have big liquidation as well as transparent project. You can follow the news and the roadmap easily so as to improve your trading activities.

Binance coin is also good for trading because they are good project. Buy when binance coin is dumped and make a following sell order when binance reach its ATH

Many coins can be traded at this time, and all can benefit, and currently doge coin is the right choice because the coin inu year can certainly reach the highest price, and there are also some other altcoins that we can currently hold such as ethreum and BNB whose price continues to increase.

Most of the altcoins that have proven themselves can be invested in. But I think you need to be a little more careful with coins like doge. Nowadays doge is full of empty air that can explode at any moment. Since its pump is unnatural, it can lose value at any time with Musk's lack of support.

You can choose the one that suits the nature of the market to invest. Maybe FSN, FTM, BTT?

Its true that a good coin always has a huge volume with a lots of buying and selling. so it will be better to trade on the top and good altcoins which has a ranked. However you wanna also invest on new projects that's why i am suggesting you to invest on Poolz, Amepay which are really new and much potential with high volatility you will get profit most surely.

This weakness is used by BSC to attract project developer and some investor to use their smart contract. I admit that the Ethereum platform is still the best, moreover Ethereum 2.0 offer many advantages including reduced transaction fee, but if the Ethereum development team doesn't finish the Eth 2.0 project immediately, sooner or later the BSC will become a fireball for the Ethereum platform.

but if we follow a new project that has a high volume, then we also have to take into account the risks so we don't regret it later. indeed with high volume we will also easily get a lot of profit. therefore for a new project I think I have to be more careful in analyzing it

It may be seen as a weakness,,, just like how everyone used to see Bitcoin slow development as a weakness but I think crypto users are much wiser now than 5 years ago and they understand that slow does not mean weak but solid.

ETH is going through a huge change and they need to be very careful with that kind of new architectural modification. It is not like some centralized alt can change anything they want like BSC.

new project too risky in my opinion. you can buy good coins on the top 10 coinmarketcap so you are not too risky. graphically, new coins cannot be stable if the roadmap is not fulfilled. so think about buying new coins

it seems that many people are accumulating altcoins, even whales are also switching to altcoins,
it is very clear from the rise of Ethereum reaching new ath and Doge reaching new ath,
the sign is that BTC's dominance is decreasing and it has an impact on altcoins,
my advice is to avoid coins that have gone up high like Doge and ETH, buy cheap coins like ADA or TRX.

The following are some of my recommendations for trading:

-VET
-HOT
-XVS
-BTT
-ZIL

The fifth of the altcoins that I recommend above, every time a short correction has decreased and the price increases quite significantly, so for traders who love short-term trading, so do i, we can earn profits day by day with a quite good amount.

BNB, XRP, ETH, etc., those coins are really good for daily trading base on there price and there posibility to rise in shorter time than any other altcoin. But I suggest not to only do trading you also need to fucos on holding, big profit will surely come if you have a patience to hold, base on the bitcoin price, if we buy bitcoin last year 2019 imagine how big the profit we have right now if we still holding btc. So not just trade, but also do holding sellect a good altcoin to hold and wait for it to rise and then earn.

One of the currencies that I see that it has or that may have a stealth growth is ICX, since it has gone through a bearish stage and has been recovering little by little, when we see in an analysis below the analyst shows that its growth can Being bullish, of course it all depends on whether Bitcoin becomes bullish and helps the movement of altcoins, as it has happened, but I think that if you buy it from now it can have medium to long-term benefits:

https://i.imgur.com/cfVSAdy.png
Source: https://beincrypto.com/1inch-icx-yfi-complete-corrections-aim-for-new-highs/ (https://beincrypto.com/1inch-icx-yfi-complete-corrections-aim-for-new-highs/)

I see ICX as an opportunity in the market, I don't know if maybe it's a hunch ...

if talking about new projects I would suggest that SOLANA is currently in the phase of gaining a popular position in the hearts of crytpo lovers, the most important thing is to be patient to be there because for SOLANA it will take a lot of time to be a big success.

I think a good alternative altcoin to trade is BNB, because this altcoin has a huge potential, where the price goes up so fast, my advice is that you recommend BNB to trade right now,

BNB remains a coin that promises long-term growth.  Cz's recent burning process has made me more confident in BSC's very high ATH breakout price. A lot of new project platforms are focusing on BSC because of its low cost.  Do not forget that decentralized platforms are also very promising like $ Banana, $ Bake.  The competition between Uni and Cake will also attract a lot of growth when maximum demand is reached.

Most of the suggestions given by users is the hold strategy. It's making traders profit more because of it since the ones who hold are the ones who also panic when the price is below the price they bought. It's always good to be reminded that crypto still is the wild west of finance despite the institutional money converging into crypto.
ETH still is the best altcoin to trade.

The buy low and sell high strategy however isn't as easy as it sounds so if anyone wants to trade crypto, trade with caution even if you know your strategy works.

These tokens are very good in terms of long terms holdings, BNB performs well in the best months starting this year, not only in the previous months but in the very beginning. There are new platforms that the same and even better platform in pancakeswap, I think in the upcoming years. There will be some platforms that will challenge these new projects. I'm good trading ALPHA, LTC & WIN and other coins depends in their market graph.

Guys, How do you see LINK? At the moment I see it as potentially strong to break up, of course this is a short-term analysis, which can be invalidated if there is a significant movement in BTC, but I like how this currency is doing, I think it is in a correction period fast, and can take a bullish trend that can generate quite a bit of profit, although I'm not very good with indicators because I usually analyze fundamentally, I like the volume that LINK has:



https://i.imgur.com/Nwyq1FK.png
Source: https://cointelegraph.com/news/price-analysis-5-10-btc-eth-bnb-doge-xrp-ada-dot-bch-ltc-link (https://cointelegraph.com/news/price-analysis-5-10-btc-eth-bnb-doge-xrp-ada-dot-bch-ltc-link)

When I analyze it applying Wyckoff's theory, it seems to be starting its bullish tendency, but I still have doubts ...