Do you have any tips on how to use the Telegram to make small profits? I've been using it for awhile, but as a newbie, failing to understand how to get a profit when so many alerts are pumps and dumps of coins that see little to no movement afterwards.
Any advice would be appreciated, and I'm excited for the cryptoscalper tool when it becomes available!
Well, you should learn a bit about trading and scalping... But here are a few tips:
* You just watch for dump alerts.
* Once it arrives, you look at the volume 24h and price change. The higher, better.
* Then you click in the coin name to see the chart. Check if it isn't artificially pumped or dumped (if it is, give up of it). If the chart looks good and consistent, then it might be good. Remember to change the candlesize to 15 min.
* Start with a very low amount
* You must be quick to buy and sell. Don't try to get a big profit. This strategy is for small profit (1~3%).
I strongly recommend you to learn a bit and do some trials with low amount.
I hope you manage to make profit