Guides for trading how to check if your token not performing well

[akirasendo17]

Sometimes we don't know when are token/coins is not in a good spot
Coinmarketcap help's and also guide's in trading

For us to see if our token is gaining or loosing coinmarketcap has the features
First go to coinmarketcap.com Then navigate on Rankings , Trends and click Gainers and losers
like what you can see in the image below

When click you will see tradings of coin for an hour

also for 24 hours like the image below


If you want to see which coin are the losers
for an hour

also for 24 hours loser coins

for 7 days loser


As you can see coins gain and loses changes if you know when to look and to read
coinmarketcap this will help you , and makes you a better than others,
i hope this guides help you on trading coins good luck

[CryptopreneurBrainboss]

Since the forum is full of users with less experience when it comes to trading, here's an advice for you all; As you keep updated with how your trading coins are performing, don't make the mistake of chasing (try to cash in on) the hype of biggest gainers as those are mostly coins/tokens which  prices are been manipulate by either less volume exchanges (they're traded on), whales or pump and dump groups just hyping the project to decieve the community. They're death traps that would just lead to you lossing your funds.

Don't also go judging the progress of your project through price comparison with those coins (they're mostly manipulated as I earlier said). Also bear in mind CMC stats aren't always accurate and their stats records are mostly based on average calculation. So the exchange you're using to trade the coin might still be the best platform to stay updated with the process of your interested project (considering if the exchange has such feature).

[NathanJB]

Actually when you click on a specific coin in coinmarketcap.com, the rank is already there. You don't have to click on other buttons. You just have to scroll down and look at the coin's statistics. You will find there the market rank. It indicates the specific rank of the coin you are checking. The statistics of the coin is found just beside the short description of the coin and its project, below the chart.

[crairezx20]

Coinmarketcap is not the only tool to check gains and loser you can also use coingecko.com and this is not the only use of this if you want to find those massive price drop you can use that tool to find a potential coin which drops a lot then believe that coins or token will increase again back. This is what I'm doing to make a big profit but not always lucky there times that you can be lost.

[asyakashi]

Hi mate, when regards to coinmarketcap discussion Ive already set a tutorial including gains and losses. You can refer to this post. Or wish to post in this thread to avoid spam in this section. Thanks

[Tutorial]Paano magamit ng sulit ang CoinmarketCap website

The thread you created is in Filipino language. I think this thread is worthy to be here.
let's discuss the OP understanding of a decent place. I feel he made a useful post.

[AniviaBtc]

Coinmarketcap is not the only tool to check gains and loser you can also use coingecko.com and this is not the only use of this if you want to find those massive price drop you can use that tool to find a potential coin which drops a lot then believe that coins or token will increase again back. This is what I'm doing to make a big profit but not always lucky there times that you can be lost.

Coingecko is effective and easy to use. It shows the chart when the price varies. You just need to wait for the chance when you will find the potential coin. This is not stable, you should take the risk or lose tha chance. Think of it wisely.

[adroitful_one]

Don't forget that you can also search for your coin or token and it will show the 24 hour gains or losses next to it. For instance, Stakenet is showing a USD price of $0.042958 USD (-1.84%) and a BTC price of 0.00000523 BTC (0.11%). That means that it has gained a little bit in the BTC price, but the USD price is lower because the price of Bitcoin has dropped a little bit over the last 24 hours.

[leowonderful]

Another somewhat obvious point of advice that hasn't been fully mentioned yet- don't just buy into a particular coin or token just because it's massively down in the last 24 hours or whatever timeframe you're looking at. There may be news accompanied with a decline in price that you might not initially be aware of that might propel whatever you're looking at even further down, and there's no good in rushing into a trade. Do some basic TA and if it agrees with what you want to do, buy or sell; otherwise, wait 'till things become more clear.

[logfiles]

I usually just use coinmarketcap to look at the trend for BTC and Maybe ETH in the [past few hours or days. The top gainers and losers are not so accurate sometimes. You could find there shitcoins with low trading volume just making up to the list of top gainers yet in actual sense there is some wash trading in the back scene just to create the hype for the token or coin.

[Kemarit]

I usually just use coinmarketcap to look at the trend for BTC and Maybe ETH in the [past few hours or days. The top gainers and losers are not so accurate sometimes. You could find there shitcoins with low trading volume just making up to the list of top gainers yet in actual sense there is some wash trading in the back scene just to create the hype for the token or coin.

True, I quickly glance on those biggest gainers/losers and then say to myself, just another pump-and-dump scheme going on that coins, LOL, the next day you will see some magic numbers +100% gains then the next next - 70% losses. Although I would agree that I ride some waves early in 2018 on one gain and gain a lot of profits in like 3 days, sold off everything and didn't bother to look at what happen to that coins. If you know how to ride with them, then do it, but you have to quit when you reach your goal, because you don't want to be trap.

[harizen]

Follow at your own risks. Don't be deceived by those numbers. The term "top gainers" might be attracted.

It's not the basis of a certain coin or token is performing well. In some of the cases, there might be a fake order or a 1-day growth after idling for a long time.

If you are interested in some of the coins on that list, always take a look directly at their market orders.

[nydiacaskey01]

Hi mate, when regards to coinmarketcap discussion Ive already set a tutorial including gains and losses. You can refer to this post. Or wish to post in this thread to avoid spam in this section. Thanks

[Tutorial]Paano magamit ng sulit ang CoinmarketCap website

Thats in Pilipinas section for Filipinos, not everyone visits that sub section. Did you create another thread like that but translated in English?

OP thanks for taking your time in creating this thread. Newbies will surely appreciate this kind of posts. very helpful.

[jmigdlc99]

As you can see coins gain and loses changes if you know when to look and to read
coinmarketcap this will help you , and makes you a better than others,
i hope this guides help you on trading coins good luck

Great post, but this limits your trading analysis to larger coins with greater trading volume and the like. If you're trading with lesser known, lower cap coins then you may not find anything of use from coinmarketcap. For situations like these, i'd recommend taking a closer look at the news surrounding the coin.

But really, you shouldn't be playing with fire trading shitcoins anyway.

[MI6]

So it means like we can see which coin / token in coinmarketcap that dumped a lot in certain time and which one get pumped in a certain time? Maybe something like that really can helpful, i just know that if OP not tell us. Sometime i look for tokens that dumped very hard or maybe spend a little money to buy it. It is like gambling because i hope for bounce after that big dump.

[Murat]

I don't think this is a good way to keep track. Without being properly updated no one can gain from the trading platform, You must have to be watchful and attentive if you want to gain profit. since the token market is going well but there are also some ways to make a profit within this crisis, you have to make an analysis which could help you to create a price target, I think targetting price is a good way to make it easier, but if you find the reasons why the token is not performing well then you have to check-in always the related tokens platform, search the price history, look over the market trend and always keep on your eyes to their activities, I think in this way, you could what you want.

[beerlover]

Those are not really that much of a big deal, sure one hour change is something but at the end of the day this is altcoins so one hour change means it could also turn the other way around in an hour as well, there is alsy 24 hours which may take some more time but at the same time it could be fixed at most in a week as well.

Hence, maybe the 7 day one is the only one that makes any difference, if a coin drops a whole ton lot in 7 days then it may take a long time to cover that back up, or if it is the highest earner in the last week then it may take to go back down, so I would say that 7 days one is the most important one in those things. I have a ton of bots on telegram that shows individual increases and decreases but having all of them on one single list looks much better.

[jrrsparkles]

Price changes not alone can be a sign of how the token is performing,we also have to keep an eye on their road map,if team is going in the right way as mentioned in road map along with price increase then this token can be considered as doing good.

[Lanatsa]

Follow at your own risks. Don't be deceived by those numbers. The term "top gainers" might be attracted.

It's not the basis of a certain coin or token is performing well. In some of the cases, there might be a fake order or a 1-day growth after idling for a long time.

If you are interested in some of the coins on that list, always take a look directly at their market orders.

True, most people do commit common mistakes where do end up for them to hold up some loads of shitcoins when they do able to purchase up some
coins that are tended to be pumped.

If you do base up with those gainers percentage and just directly have the feels of FOMO then tendency on losing money is on high risk.Im not even watching into
those who are gaining but rather I'm focusing into those reds and find out the perfect entry on a particular good coin.

[ableh]

Basic information! but it is very helpful for members who are new to this feature. In addition, trading volumes on Coinmarketcap aren't all accurate, this can happen because sometimes the distance between buy and sell orders is very far, so you have to visit this exchange one by one to validate it.

[biddicoin]

I usually just use coinmarketcap to look at the trend for BTC and Maybe ETH in the [past few hours or days. The top gainers and losers are not so accurate sometimes. You could find there shitcoins with low trading volume just making up to the list of top gainers yet in actual sense there is some wash trading in the back scene just to create the hype for the token or coin.

True, I quickly glance on those biggest gainers/losers and then say to myself, just another pump-and-dump scheme going on that coins, LOL, the next day you will see some magic numbers +100% gains then the next next - 70% losses. Although I would agree that I ride some waves early in 2018 on one gain and gain a lot of profits in like 3 days, sold off everything and didn't bother to look at what happen to that coins. If you know how to ride with them, then do it, but you have to quit when you reach your goal, because you don't want to be trap.

yeah that's often pump and dump scheme, many coins are like that because this is crypto which is very volatile
beside that, coinmarketcap sorts many coins including low liquidity coins, low liquidity means that easy to manipulate pump and dump
you just need some bitcoin then you can play with low liquidity coins LOL