QuickAccount (OP)
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In a world of coins, use them.
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June 02, 2021, 03:55:27 PM |
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Hey BTCTalk, I have recently branched out from ETH and BTC to other altcoins alongside those coins, I have seen that Cardano, Nano, and other coins are Volatile enough to make good profits, do you guys have any other suggestions?
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Not your keys, not your coins.
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Haunebu
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June 02, 2021, 04:37:18 PM |
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Majority of the cryptocurrencies are volatile on a regular basis due to which it's possible to earn huge profits as long as you predict correctly and consistently.
I suggest doing your research(Checking CMC data) and selecting the coins/tokens based on your preferences for short-term or long-term trading.
Personal Tips: Check out leveraged tokens from Binance which are usually extremely volatile though you need to be an experienced trader to trade these tokens effectively. Also, invest only what you are willing to lose.
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QuickAccount (OP)
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In a world of coins, use them.
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June 02, 2021, 05:14:16 PM |
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Thanks for your response, I will look into what you mentioned.
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Not your keys, not your coins.
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watergold
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June 02, 2021, 05:59:31 PM |
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I have seen that Cardano, Nano, and other coins are Volatile enough to make good profits, do you guys have any other suggestions?
your selection of altcoins is quite good and it can be used as a guide in the future, even though the current market price situation is very difficult to say as an ideal position but as @Haunebu has said it's absolutely true, you should study the coin if you already have know as a whole to minimize major losses. Personal Tips[/u]: Check out leveraged tokens from Binance which are usually extremely volatile though you need to be an experienced trader to trade these tokens effectively. Also, invest only what you are willing to lose.
I agree that coins and tokens on Binance are very relevant as a reference to be used as one of the right choices, based on the high level of trading volume. because altcoins on Binance is tested and goes through a very strict filtering stage.
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Vishnu.Reang
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June 02, 2021, 06:12:23 PM |
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If volatility is your only parameter, then why don't you go for Ripple (XRP)? The legal battle with SEC is still ongoing, and when some ruling is made against them, you can expect the XRP exchange rates to go down by 60% or 70% (it has already happened multiple times). You can accumulate using these dips, and then sell when the prices are back to the normal levels. Another coin that comes to my mind is Dogecoin, but it is too overpriced right now. You can also go for BCH or ETC, if you are OK with more moderate gains.
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QuickAccount (OP)
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In a world of coins, use them.
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June 02, 2021, 06:45:59 PM |
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Thanks for your guys' feedback, Ill probably trade the coins that I mentioned, but I will also try ripple as the price of all of these coins are changing alot making it not a safe, but an easy way to make money if I do it right
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Not your keys, not your coins.
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bocyaj
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June 02, 2021, 07:04:55 PM |
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At first,I want to know.How much you had for the investment.If you plan to inverse more than 5000$,you should choose Bitcoin or Ethereum.Because it's good coin to inverse your money for the long term investment.Incase you are holding less than 5000$,you should choose 5 different altcoin like ripple,XLM,Monero to get good profit.
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Hamphser
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June 02, 2021, 07:56:27 PM |
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Hey BTCTalk, I have recently branched out from ETH and BTC to other altcoins alongside those coins, I have seen that Cardano, Nano, and other coins are Volatile enough to make good profits, do you guys have any other suggestions?
Do you really need more? When you do look for some liquidity or volatility then stick with top 10 altcoins in the market on where you can ensure if you do really look for movements since this had bigger volumes and price is way fast moving. Good for scalping? Yes it it but be careful since swings can really be on big ranges on some particular time and its part of the risk. You can indeed make money if you do know on how to play with the market and as long you are ready with it then go ahead and test up for yourself.
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dexter141
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June 02, 2021, 10:42:36 PM |
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I trade Uniswap Polkadot Binance Coin and I have enough. Plus threw on the stacking (recently bought - Mocktail token and ape swape token), and I'm in chocolate.
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Twinkledoe
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June 02, 2021, 10:47:43 PM |
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My investment will likely be under $1000 but over $400, this is because I am not of legal working age in the U.S I will stick with the altcoins mentioned, but I will prob buy more than 4 altcoins so in the case of one of them crashing, I wont lose everything.
Thanks guys!
Update: I am gonna make an order for around 70 cardano, 90 ripple, 75 xlm and some other coins when I get home
This is nice as you are oriented with crypto at your early age. It is good that you are diversifying your portfolio as this will make sure that you will not be bankrupt if in case one of the coins goes down the drain. Just keep up with the updates of every coin that you will invested with, so in such a case that one of them is going in the negative direction, you can sell off and avoid losses.
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viananda2525
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June 02, 2021, 10:51:54 PM |
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if you want coins with high volatility maybe you need to try doge coin, it have many speculation in market . with elon musk shilling i am sure doge price will move up and down extremely. look at doge coin price in few days ago, its rise more than 0,1 dollar , and with coinbase pro listing it could be more.
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posporo
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June 02, 2021, 11:52:15 PM |
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In my opinion, cryptocurrencies are mostly volatile especially the high rankings in coinmarketcap because they start from a low value but now they have a good value and continue to make a good profit in the crypto market. If you want to make a good money just invest to the top coins in CMC like ETH, ADA, EOS, XRP and many different trusted coins to invest.
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raes
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June 03, 2021, 04:07:02 PM |
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DOT and MATIC should be your consideration for the medium and long term. As for new projects that are developing, there are TKO and SFP that you should also pay attention to because they also have a pretty good collaboration with Binance and other projects.
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kryptqnick
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June 03, 2021, 04:24:09 PM |
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Hey BTCTalk, I have recently branched out from ETH and BTC to other altcoins alongside those coins, I have seen that Cardano, Nano, and other coins are Volatile enough to make good profits, do you guys have any other suggestions?
The more volatile the price is, the more money you can hypothetically make via trading. However, it also means that the higher the risks are for you as an investor if you miss a change of dynamics. To look at volatility, you can just spend a few days watching the market on Coingecko or a similar website, sorting the list by the price change in 1 hour, 24 hours and 7 days. To minimize the risks or losing lots of money, you can also look at the number next to the name of the coin which signifies its position by market capitalization: the higher the capitalization, the lower the risk of the price dropping hard and never going back up. Good luck! Edit: I've noticed you're saying you're a minor. In that case, I'm really not sure if risking money by investing is appropriate... Just remember to ONLY invest what you can afford to lose.
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Silberman
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June 03, 2021, 05:46:29 PM |
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Hey BTCTalk, I have recently branched out from ETH and BTC to other altcoins alongside those coins, I have seen that Cardano, Nano, and other coins are Volatile enough to make good profits, do you guys have any other suggestions?
I think the first question that comes to me is if you have been able to obtain significant profits with bitcoin and ethereum? If you have not done so why you think a greater volatility is going to help you at all? However even if that is the case I would not trust those results until you have been profitable for years in this market and until that is not the case then it is better to stay away from all of those coins as for the most part you are running a huge risk by investing in them.
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oemar bakrie
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June 03, 2021, 05:59:40 PM |
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too short to look for good tokens at this time,,need to find good information with accuracy in choosing tokens.. my advice is to follow the program on the market and there will be new tokens worth buying..
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adzino
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June 03, 2021, 11:39:43 PM |
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Hey BTCTalk, I have recently branched out from ETH and BTC to other altcoins alongside those coins, I have seen that Cardano, Nano, and other coins are Volatile enough to make good profits, do you guys have any other suggestions?
Most of the altcoins are extremely volatile. Look at those new ones and the ones that are being hyped. Just be careful with the new ones. They are so volatile that you might end up losing everything within a day. But why are you looking for volatile coins? To make quick profits? Assess the reward risk ratio. Think if the risk is worth taking for the profit you will get. I would highly suggest you to invest in coins that are well established (hence less volatile) and hold them for long term.
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cabron
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June 03, 2021, 11:48:29 PM |
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Hey BTCTalk, I have recently branched out from ETH and BTC to other altcoins alongside those coins, I have seen that Cardano, Nano, and other coins are Volatile enough to make good profits, do you guys have any other suggestions?
The highest dip of altcoins help us to buy low and fill up the bag. I can suggest a new one where supply can't be high than half millions. Found none. Don't go out of BTC it's the most volatile actually some altcoins may be volatile but it takes a long time probably a week before you could see about 20-35% volatility. Bitcoin could go way 5% only but because its value is way higher than any altcoins, the room for making a profit is good that you can even trade in the hourly or 4hour chart and make money even on the spot market.
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Kelvinid
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win lambo...
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June 03, 2021, 11:49:31 PM |
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Nothing I can see but only Bitcoin. Though it was more volatile than the rest, however, you can really rely on it in terms of profit gains.
The big share of my portfolio is Bitcoin, I'm doing this for a long time and I can't deny that I was really n great profit. Sometimes we just be patient especially during the bear season as not all the time we are bullish.
@OP Please never think about instant return as it only makes you mad, instead of thinking that thing better to change it with positivity.
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Luqman
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June 03, 2021, 11:56:48 PM |
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Do you mean the very volatile coins that you can use for daily trading? Well, you may actually have some, but it may be riskier than the top one. I commonly trade in Biancne with several choices of coins like CTSI, XRP, ADA, Matic, and also others. But so far, CTSI gave me the highest-earning for daily trading.
Just be yourself and don't forget to make some research before following any suggestions by members here. because sometimes, one strategy or coin will not always work on others.
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