bearexin
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November 06, 2020, 10:28:25 AM |
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There is nothing like making use of altcoin, those people are getting opportunities because they are the ones going in search of new altcoins that are being released in the market all the time and they are taking risks by investing their money in those projects because they are not even sure whether the project will be bought or not, so if you're ready to do the same you can do it and you don't need any bot, then thing is that you need to be able to know projects that are good and not scam, and also the ones that are likely to boom in future and then you can buy them when they are very cheap.
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tvplus006
Legendary
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Activity: 2478
Merit: 1947
To the Moon
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November 06, 2020, 11:00:23 AM |
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...how can I get in on this action?...
In order to make the right decisions, you must have insider information. But this information is called so because it is not public. We do not have access to such information and can only focus on the news that is published in the public domain. But by the time of publication, we usually see that the market price has already changed with this news.
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BlackFor3st
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November 06, 2020, 01:34:30 PM |
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Useful bots that can track the prices is pretty difficult to find and if there are profitable bot then I am pretty sure that it is only available to professioal traders meaning it will be very difficult to find unless if you have some connections to professional traders.
The timing to buy and the timing to sell is the crucial part if we want to make money in crypto currency, many are trying to predict or use the informations that they can find in coinmarketcap or any similar websites but most of them are failing because it is not enough to create a profitable investment. If you are serious in making a money in crypto currency then try to widen your resources or create your own strategies or tools if you capable in doing it.
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Phoenix_PROG
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Activity: 224
Merit: 28
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November 06, 2020, 01:54:11 PM |
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Just ride along with crypto wave, DeFi projects came out of nowhere this year and bring insane ROI to investors, where were you? Another opportunity took place in March 2020 when pandemic nearly take over the world, bitcoin price goes below 4000$ and many knew it's a golden opportunity, ride along.
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prince V
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November 06, 2020, 01:56:55 PM |
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What we can do is just keep on monitoring the latest developments of their project through their social media and the effect of these developments on their token price movements, this is where our carefulness is needed in reading the token price chart. It is not easy to do this, experience is also very necessary in this case.
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Dragonfund
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November 06, 2020, 03:45:20 PM |
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When I check coinmarketcap I always find it interesting that there is some crypto mooning. You can seen gainers and losers everyday. I think what seems like is happening that there are people in the know about some secret event or information that the public is not privy to. Perhaps if we did know than where those gains happen for some unknown altcoin, you would have bought it already. And you would also know before it getting dumped. how can I get in on this action?
Also another thing, isn't there some kind of bot, that will automatically buy from what ever is gaining and automatically sell as soon as price goes down? there has to be a way to do this that we are not aware of.
First and foremost, you should be aware of pump and dump groups, they dozens of them hiding behind Telegram groups and channels. They buy low cap tokens that are sometimes abandoned and them promise their members how they plan to pump a coin/token with a schedule time but little did they know that they will dump that token on them as soon as they announce everyone to buy the token. This why we always see low market cap token with a 500% pump and some you can even sell them due low volume. Please, be cautious of what to invest in. Sometimes, you buy a token at low price and when they increase in price to sell them also becomes difficult because of low volume and bot activities. I have some tokens on sell order but it seems this bot are programmed to jump my order. No one is buying them.
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sana54210
Legendary
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Activity: 3332
Merit: 1128
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November 06, 2020, 08:52:40 PM |
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Well, most of trading bots are actually doing literally that, or at least tries to do that which we do not have right now unfortunately. They want to buy when its going up and sell before it goes down, but when they try (which sometimes they succeed) sometimes they buy while its going up and it goes down after they buy so they either sell at loss or they just wait until it goes back up.
What you can make money is your own person and brand which people do not care enough in the crypto world, you could make money with yourself without spending any money (or small amounts) that we should not ignore. You can work freelance, you can find a job, you can provide a service, you can enlist on airdrops, you can join a bounty, you can write for signature space, basically there are a million ways you could make money yourself without spending any money in crypto space.
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Mulann2
Member
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Activity: 686
Merit: 35
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November 06, 2020, 09:08:38 PM |
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When I check coinmarketcap I always find it interesting that there is some crypto mooning. You can seen gainers and losers everyday. I think what seems like is happening that there are people in the know about some secret event or information that the public is not privy to. Perhaps if we did know than where those gains happen for some unknown altcoin, you would have bought it already. And you would also know before it getting dumped. how can I get in on this action?
Also another thing, isn't there some kind of bot, that will automatically buy from what ever is gaining and automatically sell as soon as price goes down? there has to be a way to do this that we are not aware of.
The problem is, it is not easy for a layman to know which coin will moon and which wouldn't without any actual knowledge, am sure just as you see those gainers others sees them too but the lack the knowledge to push it further, knowing all this things you mentioned register, it is not as simple as you think.
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dotcoin.info
Sr. Member
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Activity: 686
Merit: 252
www.cd3d.app
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November 06, 2020, 09:27:37 PM |
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I don’t think it’s a matter of insider information. There are just coins with low capitalization, and there are people with a lot of money. In connection with the injection of money into this kind of coins, their price can rise extremely sharply, which raises similar questions. Either the project issues an update or an announcement so large that investors decide to invest even more money in a low-cap coin, which will lead to the effect described above.
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RussianEnglishTranslation
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Activity: 840
Merit: 6
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November 07, 2020, 05:14:41 AM |
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I think the major trap that new investors get into is either putting all their money into the top 10 cryptos or diversifying and only holding alts. You have to know how much of your portfolio to dedicate to alts and when to move into alts. If you put all of your money in Bitcoin for example, you might be lucky to 10x over the next few years, which is a good return if you come from traditional markets, but if you invest in a microcap like 0xMR or YFR before it moons, you can easily do an 100x or more. I personally hold 80% of my money in the top 10 CMC and 20% in microcaps to maximize my gains.
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imstillthebest
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November 07, 2020, 06:02:11 AM |
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you need to join a secret or a private group but be careful because those that promise like that are mostly scams . groups that im talking too are pump and dump group and they are mostly found on telegram .other than that , you need a luck . they say crypto is like joining a lottery or like a gambling . you need to pick a new project and hope for the best with it . if it blooms your lucky but if not , just wait your wont know maybe your coins still have a chance to grow in the future . for the bots that automate buy and sell , there is no secret to that . bots are being sold publically
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wxa7115
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November 07, 2020, 03:48:06 PM |
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When I check coinmarketcap I always find it interesting that there is some crypto mooning. You can seen gainers and losers everyday. I think what seems like is happening that there are people in the know about some secret event or information that the public is not privy to. Perhaps if we did know than where those gains happen for some unknown altcoin, you would have bought it already. And you would also know before it getting dumped. how can I get in on this action?
Also another thing, isn't there some kind of bot, that will automatically buy from what ever is gaining and automatically sell as soon as price goes down? there has to be a way to do this that we are not aware of.
Some of the action you are referring is produced by pump and dump groups as for the most part there is no way to justify the growth in those coins, and the only way to be part of those that know this is to be the owner of the pump and dump group, however I will not recommend to do this since in most jurisdictions this is illegal and if you are ever caught then you will spend a lot of time in jail, also it is simply incorrect to scam people this way as many will lose their life savings and most likely you will never have a good night sleep from that moment on. About your suggestion about bots, you can create a bot that follows your strategy and that watches all the markets available in an exchange and as soon as it sees the possibility that a coin could be trading up it enters the market immediately, this is entirely possible but I do not recommend using a bot bought from someone else, you will need to code it yourself and for most people that is not an option as they do not know how to code.
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nicecrypto
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November 07, 2020, 03:57:45 PM |
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Only those who possess the knowledge can make money in crypto in whatever situation, I too sometimes see those project that will be high in percentage despite all other project are down and obviously holders or investors of that project has made a huge profit, but for anyone who is not able to read and understand charts or follow up with some signal groups, you can not catch this project, you have to be vigilant.
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Kong Hey Pakboy
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Merit: 68
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November 09, 2020, 10:02:59 AM |
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Most people get into crypto investing in Bitcoin or Ethereum, those cryptos have already increased in value 1000x and another 1000x is going to be quite difficult. If you want to get rich in crypto you need to invest in projects before they have mooned, like 0xMR and ESH.
It isn't easy to get rich by investing in Bitcoin and Ethereum today because its price is already high. Unlike when you invest in early 2009, bitcoin's price is very low, so you might be insanely rich today if you invested that time. Also, investing in projects that do not yet have a high price in the market might be the right decision because if they are well-developed projects by good team members, you could earn a considerable profit from it.
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lienfaye
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November 09, 2020, 10:11:51 AM |
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Each coin is differrent, some of them are popular and has massive supporters while other coins are just an average with same purpose like new coins sprouting. If you want to be a kind of investor that usually gain then you need to do an extensive research to end up in a good coin to invest in. However no one can predict the future value of our coins, we can speculate but there's no assurance that it will happen. So those gainers probably use their knowledge to invest in a coin that is worth for your time and effort.
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tvplus006
Legendary
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Activity: 2478
Merit: 1947
To the Moon
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November 09, 2020, 02:45:33 PM |
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Just ride along with crypto wave, DeFi projects came out of nowhere this year and bring insane ROI to investors, where were you? Another opportunity took place in March 2020 when pandemic nearly take over the world, bitcoin price goes below 4000$ and many knew it's a golden opportunity, ride along.
Yes, there are very few investors who would be decisive in their actions and buy bitcoin at a time when its price is falling. When the price reaches its bottom so quickly, many remain on the sidelines, expecting the price to be even lower. Therefore, such people usually buy bitcoin at a time when the first ones are already beginning to fix their profit.
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darewaller
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November 09, 2020, 09:15:22 PM |
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Each coin is differrent, some of them are popular and has massive supporters while other coins are just an average with same purpose like new coins sprouting. If you want to be a kind of investor that usually gain then you need to do an extensive research to end up in a good coin to invest in. However no one can predict the future value of our coins, we can speculate but there's no assurance that it will happen. So those gainers probably use their knowledge to invest in a coin that is worth for your time and effort.
There is one interesting fact that comes with both, recognized coins and the less recognized coins. While recognized coins or I shall say the more popular upcoming coins like EOS had a massive ICO and was almost known to everyone. These kind of coins are good because the dump will almost never happen but what negative I see is that there will never be massive growth because there is not much scope of growth when everyone already knows about it. Less recognized coins bring uncertainty because there might be a dump anytime soon since not much interest was there in the coin and no one cares. But also there are huge chances of the coin going sky high because as others get to know about a good coin which is not recognized the value goes sky high which is I believe what happened with tokens like YFI .. I am not sure why it dropped down again but it went too high once investors recognized it was good.
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TastyChillySauce00
Legendary
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Leading Crypto Sports Betting & Casino Platform
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November 09, 2020, 10:27:50 PM |
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Also another thing, isn't there some kind of bot, that will automatically buy from what ever is gaining and automatically sell as soon as price goes down? there has to be a way to do this that we are not aware of.
The pump was happening randomly and how can you predict it? do you wanna shorting the market using the bot? is not it too risky for you to do that? As far as I know when a coin gets a huge pump and it will be gradually listed on best gainers or looses but there's another fact if the coin that listed on gainers and losers have achieved their peak or bottom price.
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