Altcoins that go up and down fast? (I'm a noob)

[Ridwan Fauzi]

Hey guys, I hope that you are having an amazing day. I made a post about trading and after a bit of research I think that I'll go with altcoins. I was wondering if you know some altcoins that tend to go up and down fast. I have seen FOXT for example, but there's not a market for that. Also, if they can be in known exchanges like Binance it'll be way better.

Thank you so much in advance!

Why FOTX? Where did you see the coin?

There are a lot of altcoin which has a high volatility, I won't tell any coin but you have to try to find out by yourself. But I just suggest you to choose a reputable and trusted exchange when you start to trade. This is the first important thing to know, if you start with a bad exchange you will loss your money and you will not come back again here, that is something that I don't want to. Yeah, new user is a hope for crypto currency to be known by most people.

You can choose like binance exchange that I suggest because I used it. For two years I using it I never found any problem, I have no issue to make deposit and withdraw and it is really friendly exchange especially for newbie. After that you can choose the coin, I agree with someone above me who says you have to choose a top 100 coin, the coins at least will not dump continously when the market is bad.

[aemma]

You are new and it would be better to know or learn how to research on altcoins especially before even thinking of holding or investing in any. You should also understand the risk of holding altcoins, trading on exchanges and so on. This is to make you ready as well as equipping you with the needed knowledge.
About your decision, as a newbie I would say start with top 50 in coinmarketcap or you can narrow it down to top 100. This is to help you reduce your risk of investing in scam projects, most especially new altcoins just entering the market. Also, going for top 100 will make you not to invest in hype projects; many new projects coming up have nothing other than their usual hype and when the price dumps, that's it.
So in ramifications, stick to top 100 on coinmarketcap, they will give you better chances of learning a lot about holding and about altcoins. And lastly, since crypto is volatile in nature, endeavour to invest what you can afford.

[goaldigger]

Adriana, if I were you I'll avoid that foxt. There are other coins better than that. Since you have mentioned Binance, why not look for the coins listed on it and check each of their markets if it will pass to what you are looking for? These are all the list of Binance supported coins.
https://coinmarketcap.com/exchanges/binance/
And for the other exchanges: https://coinmarketcap.com/rankings/exchanges/

So many options not to settle for a shit coins, Binance is a great choice as well.
If you are planning to trade altcoins make sure you have the experience because its not easy. Having no experience in trading can make your money loss, I do suggest to hold first at least some coins in the Top10 list and learn the trading while holding that, the market is very volatile for a newbie familiarize yourself first.

[fadhilz123]

I don't where you buy these coin, but if you are a newbie, you should using coinmarketcap and Binance exchanges as reference, never buy any new coin on their website, join in their ICO or IEO, you should focus only on the top coin, so will avoid loss from your side

FOXT you mean this https://coinmarketcap.com/currencies/fox-trading/. If yes better to sell all and exchanges to the top coin.

[xZork]

If you are a newbie in the crypto market, I don't think you should invest in such coins. Most of these projects will become a pile of trash, you will lose all your money.
Newcomers are easily blinded by profits and fall into fomo, the best way is for newbies to invest in large, prestigious projects. Think of projects that increase and decrease rapidly when you have a lot of knowledge and experience in this market.

[Shasha80]

Bad decision if you choose FOXT token for trading in my opinion, besides the bad performance of FOXT token, with prices that have
continued to decline since 2018. The trading volume of FOXT tokens is also very low, to me FOXT token is a shitcoin not worth for buying.
My advice for newbies if you want to trade altcoins can buy the top 10 cryptocurrencies. Such as Ethereum, Ripple, Binance coin and Polkadot.

[Dr.Osh]

If you have done research on altcoins, then you must have realized that there are many altcoins. Some advice I can give you is to try to reduce that research to popular coins only. You can see this on CoinMarketCap. make sure that the coin you choose has large liquidity, and also a large volume.
however, the dumps and pumps we see sometimes occur because there is no volume in the swap case. So make sure that the coins you are looking at are large in volume and that the exchanges are everywhere. well, that's all in popular altcoins.

[kidbounty]

As you are new, I will give you my suggestions:

Ignore every coin which is not at top100.
Do not create account in shady exchanges.  Try to use reliable exchanges such as binance. If it is not listed in binance, that coin is probably now worth investing.
Be very careful and every altcoin may lose 90% of its  value within weeks. I can say that by experience,  as I lost already some money in shitcoins.

Make a portfolio with some btc for long term.

Ignore every coin which is not at top100.

i agree this advise for beginners. because otherwise you have to trade the coins cheap and low volume, which is extremely dangerous.

yes you're right, Top 100 coins are suitable for newbies. but not all coins have fast price movements. addition from me, look for coins that have a price below 1$. because coins that have low prices tend to have high volatility. so price movements can change every day.

[Freebieindia]

For newbies, surely the main suggestion will be to always enter in strong altcoin. They will for sure not perform like small cap new coins but they will be safe. As you said altcoin which go up and down fast. New coins can go down really fast and maybe will never go up again. So better stick with good strong altcoin , gain some experience and then may be take some calculated risk with new small cap altcoins.

[Nanda Dewi277]

I don't where you buy these coin, but if you are a newbie, you should using coinmarketcap and Binance exchanges as reference, never buy any new coin on their website, join in their ICO or IEO, you should focus only on the top coin, so will avoid loss from your side

FOXT you mean this https://coinmarketcap.com/currencies/fox-trading/. If yes better to sell all and exchanges to the top coin.

yes, that's absolutely right, it's better to buy or invest in the top 10 Altcoins because these Altcoins are really good and in the future, it will definitely go up in price. and certainly safer and less risky than Altcoins which are not popular

[NavI_027]

Hey guys, I hope that you are having an amazing day. I made a post about trading and after a bit of research I think that I'll go with altcoins. I was wondering if you know some altcoins that tend to go up and down fast.

Every coin in the market is as volatilr as hell, there's a wide option to choose from. But take note, that's not the important factor to be considered. Focus your eye on bitcoin but since it seems you are really eager to try alts then I advice you to work around the top ones. Best examples I can give you is Ethereum, Litecoin, Dogecoin, Monero, Cardano and the coins near to it because they are old and well reputable already.

Also, don't invest huge amount just yet. For now, know thoroughly first the ground you are playing with. Another benefit you can get is you will only lose small amount if things get worse. Be patient, take one step at a time and good luck .

[btc-facebook]

my advice for beginners is better not to choose fluctuating coins, volatile coins usually have little liquidity so they have a very large risk,
It's better if you choose a major coin like Ethereum or Litecoin, although it requires a lot of patience, but the risk of loss is very small.

[MadeMen]

There's no doubt that we need to have up and down movement in the value of both bitcoin and altcoin as the cryptocurrency market is volatile, but it's not a good idea to invest in altcoin that has the tendency to move ridiculously high or low, because there's a possibility that the market of that coin is being manipulated.

[aioc]

Hey guys, I hope that you are having an amazing day. I made a post about trading and after a bit of research I think that I'll go with altcoins. I was wondering if you know some altcoins that tend to go up and down fast. I have seen FOXT for example, but there's not a market for that. Also, if they can be in known exchanges like Binance it'll be way better.

Thank you so much in advance!

Don't take a chance on a new coin with no market, better wait for it to get into a good exchange, build your portfolio first of top coins in the market and just include new coins that you want to include in your portfolio, but after you done your research, every investors are attracted to pump and dump coin but it's to risky you have to spend time how this pump and dump works before going for it.

[santiPOGI]

Since 2017 up to the present, almost price of the altcoins in the market always pump and dump and their main tools for them to attract investors is to hype them and the movements of the price was only 2 way on which are UP and Down in all the exchange site platform into this crypto business.

[bitkanu]

Hey guys, I hope that you are having an amazing day. I made a post about trading and after a bit of research I think that I'll go with altcoins. I was wondering if you know some altcoins that tend to go up and down fast. I have seen FOXT for example, but there's not a market for that. Also, if they can be in known exchanges like Binance it'll be way better.

Thank you so much in advance!

Almost all of the top 100 altcoins have very good volatility at this moment. You can also try to visit binance as there are also various coins that have traded on binance.
I can't mention the altcoin with the best volatility as the volatility actually depends on the market and fundamental of altcoin itself.
Just try to see that based on the daily trade volume and how good the fundamental that owned by the coin. If you are not experienced enough in altcoin trading and you should never join in the new altcoins as it will be very volatile.

[Zazzu]

Usually, altcoins with low volume do that, It is like gambling, could go up 50% and down 50%, depends on your luck, but if you want to stay away from volatility you can just trade with 10 altcoins in Coinmarketcap, they move slow but that shouldn't be harsh moves anymore.

[Byakuga]

Hey guys, I hope that you are having an amazing day. I made a post about trading and after a bit of research I think that I'll go with altcoins. I was wondering if you know some altcoins that tend to go up and down fast. I have seen FOXT for example, but there's not a market for that. Also, if they can be in known exchanges like Binance it'll be way better.

Thank you so much in advance!

You mean coins that quickly recover right? Well those are top 10 - top 20 altcoins on coinmarketcap, actually NEO is one of the best for me, the way this altcoin recovers is like no other, that's why some traders prefer trading with NEO, it always recovers, a reliable coin for long term or short term hold.

[batang_bitcoin]

Adriana, if I were you I'll avoid that foxt. There are other coins better than that. Since you have mentioned Binance, why not look for the coins listed on it and check each of their markets if it will pass to what you are looking for? These are all the list of Binance supported coins.
https://coinmarketcap.com/exchanges/binance/
And for the other exchanges: https://coinmarketcap.com/rankings/exchanges/

So many options not to settle for a shit coins, Binance is a great choice as well.
If you are planning to trade altcoins make sure you have the experience because its not easy. Having no experience in trading can make your money loss, I do suggest to hold first at least some coins in the Top10 list and learn the trading while holding that, the market is very volatile for a newbie familiarize yourself first.

Yes, for starters it's not advisable to trade with altcoins. Bitcoin is the best and comfortable choice, starter, or not. But if he wants to dive into trading altcoins, that's his money and choice and he has to take notice of the experience that he'll get from doing that.
Holding is effective for both, starters and not. Personally, I do this but it doesn't make me a noob because emotional control is still involved in it.

[nomenclatur]

if bitcoin keeps up like this now altcoin will all top altcoin going down this actually happened a few times until today altcoin will slowly rise will not go up so quickly I thought it should go up gradually as ethereum until now prices remain below $ 400 currently very low price ethereum should have gone up rapidly.