Short Term Trading Altcoins and Meme Coins?

[enwi]

Memecoin like as Shiba, Doge, and PEPE are altcoins that are very suitable for short-term trading, their very fast price movements provide a lot of profit for us as daily traders. We just need to read the situation and remain confident. Also make sure we don't make decisions too quickly and when we are trapped at high prices, keep saving assets and wait until the price rises again. What is certain is that daily trading will not always make a profit. There are times when we will be trapped at high prices.

[Fredomago]

Anyone here who trade altcoins and especially memecoins and give insight on this?  Also it's hard to 5x even with altcoins now right?  But memecoins it isn't?  Just the risk is much higher?  Now if you could buy 5 memecoins and one of them 10x and the other ones go to zero... then you profit right?  Also do all memecoins and altcoins go to 0?  Or it's always like $0.01 or $0.0000001?

It depends on the altcoins or meme coins that you hold. That's why if you are a long-term holder who is an investor, you should really know how to analyze potential cryptos in this business industry. You must really be a crypto hunter, whether it is altcoins or meme coins. 

If only we knew what was going on, we would surely get rich in cryptocurrency, and there are many such things in this field. Specifically in meme coins. If you are wrong about an altcoin or meme coin, it is possible that your holding assets will drop to zero.

You need that skills that will allow you to anticipate though it's not an eay task as we really don't know what will be the future of our hold assets, we are just believing from how we assess and analyze the projects, but the assurance we can't say that we can easily conclude that the project will boom and will deliver what we think will happen after we invested our money.

Though, keeping that research and continue analyzing each potentially assets that will bring you fortune, something that you can keep on doing to find the right alt or meme project that will be generous to give you decent benefits.

[jerry0]

Is Uniswap and pancakeswap still the top 2 exchanges for trading meme coins and coins with heavy volatility?

[Johnlomape]

Memecoin like as Shiba, Doge, and PEPE are altcoins that are very suitable for short-term trading, their very fast price movements provide a lot of profit for us as daily traders. We just need to read the situation and remain confident. Also make sure we don't make decisions too quickly and when we are trapped at high prices, keep saving assets and wait until the price rises again. What is certain is that daily trading will not always make a profit. There are times when we will be trapped at high prices.

This is not the only memecoins we that have good potential but their are many you can trade and hold for short term basis because I don't trust many of the memecoins with uninteresting use cases. The price of many altcoins are down and for those that want to trade them should be aware that the price of Bitcoin can shoot up at anytime which is going to make altcoins and memecoins to go up in price. If you are trading the current market, do not be confident to short the market since we'll are waiting for price to recover so that we can starts counting in profits.

[Stable090]

For me, it probably depends, because I have altcoins that I want, and I also have meme coins that I want to hold for the bull run that is coming this year. Because in truth, we can get the same earnings from these two, so if we can get a profit from these two, why would I buy from them if I can have the same?

I don’t advise people to invest in all this altcoins and meme coins, because we all know it’s risky. I will say it’s better to even invest in altcoins rather than investing in memecoins, most memecoins are not just reliable, you might be thinking some meme coins have potential until you invest in them then things will start going side ways. If you want to invest in any altcoins or memecoins, then make sure you are leaving just little amount of money in them, don’t invest much money in them, incase if anything happens, you not really going to be affected.

[MusaPk]

I don’t advise people to invest in all this altcoins and meme coins, because we all know it’s risky. I will say it’s better to even invest in altcoins rather than investing in memecoins, most memecoins are not just reliable, you might be thinking some meme coins have potential until you invest in them then things will start going side ways. If you want to invest in any altcoins or memecoins, then make sure you are leaving just little amount of money in them, don’t invest much money in them, incase if anything happens, you not really going to be affected.

Meme coins are full of risky and it's just like gambling with your money. We have seen many cases where people bought meme coins due to there hype but they ended up losing there money. If you are opting to invest in Alt coins then choose them wisely because not all Alt coins are good for investment. Among Alt coins there are very few that we can choose for long term, while others are good for short term only. It's important to keep these points in mind while you are choosing an Alt coin for investment.   

[M47AK16]

Anyone here who trade altcoins and especially memecoins and give insight on this?  Also it's hard to 5x even with altcoins now right?

Finding the right time is the problem, because it is not the start of the alt season, it is not the end, there is somewhere right in the middle when it is perfect but finding it is very difficult.

In most cases, people just end up making a mistake and do it too early or too late. Idea is that, when alt season starts, that means, people are selling their profits from bitcoin which already gone up a lot, and they are using that to buy altcoins. This means bitcoin price will not go up too much during that time, or even maybe go down a little, whereas there will be plenty of shitcoins that will pump and dump. So many people do sell their bitcoins to invest into alts during one time, just not sure now we can target altcoins for short term trading or we can delay a little bit.