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Author Topic: How can i detect new growing altcoins ?  (Read 286 times)
MedANUAR (OP)
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January 09, 2022, 02:56:52 PM
 #1

I started investing in crypto since november 2021, and everytime I open CoinMarketCap i notice that there's a lot of new coins with at least +110% profit if you bought it the last 24h, and I was wondering if i can detect them before they grow up very fast in order make a lot in a short time. Thank you  Grin
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January 09, 2022, 03:23:41 PM
 #2

It's a high risk move to chase those tokens that could potentially pump and I personally do not recommend it. If you still insist, you can hang out on Twitter, Facebook, and also Tiktok and look for tokens that they are shilling. Some whales tend to flock on heavily advertised projects.
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January 09, 2022, 03:40:05 PM
 #3

you have to be active in the market so that you can detect new altcoins that will be released ,usually the developer or team will indeed pump and determine the price that is also driven by active traders ! so that it will bring up a good trend ,risk if you hold it for a long terms if you are an investor long hodl

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January 09, 2022, 04:07:45 PM
 #4

Don’t view crypto as a fast cash-grab. Instead, see it as an opportunity to learn about a new asset class without putting everything on the line. Before you actually invest in smaller altcoins like Tether, Cardano, and others, start by learning about how they work.
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January 11, 2022, 04:04:25 PM
 #5

The best coins are L1 layer protocol ones. If they really provide some new tehcnology. This almost always rise. Others it's really speculation.
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January 11, 2022, 04:56:03 PM
 #6

I started investing in crypto since november 2021, and everytime I open CoinMarketCap i notice that there's a lot of new coins with at least +110% profit if you bought it the last 24h, and I was wondering if i can detect them before they grow up very fast in order make a lot in a short time. Thank you  Grin

Yea but what if you wrongly predict/detect it and it goes down -110%? Also, why would someone give information to other random people while themselves can be rich by doing what they did over and over again?

Here are the things, since you are new in the cryptocurrencies space I assume you are getting bloated with knowing how much other people gain they could make or maybe according to what you said on OP, you are seeing those massive gains of some random shitcoins on CMC. Those gains do not mean anything if you didn't fully inspect the project, and it is very likely just a pump and dump scheme. If you haven't heard the story of the Squid Game token, I suggest you should comprehend that one and see if there are many similar projects that had been happening in cryptocurrencies. I hope that you didn't just take what you see blindly and have a scepticism toward many scammy behaviours in this space.
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January 11, 2022, 06:27:49 PM
 #7

~
Oh boy, +110% profit overnight? Seems fishy for me to buy. It is obviously a pump and dump scheme and you're better of with other coins other than those. It is likely to not survive overnight.
And no, there is no way to detect these coins regardless of the usual DYOR stuffs like looking up their teams.
A coin that could possibly end up being an exit scam could do this so that they would invite more investors. It is a total manipulation, buddy.
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January 11, 2022, 07:06:04 PM
 #8

You can find it on CoinMarketCap and coingecko. On these sites, you'll be able to see trending coins and it's possible to find out on different exchange too by seeing top gainers. But it's not a good idea to generate huge money in a day or in a short time.
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January 11, 2022, 07:42:58 PM
 #9

I started investing in crypto since november 2021, and everytime I open CoinMarketCap i notice that there's a lot of new coins with at least +110% profit if you bought it the last 24h, and I was wondering if i can detect them before they grow up very fast in order make a lot in a short time. Thank you  Grin

no one can detect them mate wherein unless if they makes hypes in the start up and at the same time listed in some trusted exchange or sites that advertise crypto because for sure they will become featured as a top gainer.. That's the only way to be honest. And no one know when they will gonna makes hypes or which project has a potential because mostly projects in the space were unpredictable especially when it comes new emerging projects..
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January 11, 2022, 08:24:09 PM
 #10

I started investing in crypto since november 2021, and everytime I open CoinMarketCap i notice that there's a lot of new coins with at least +110% profit if you bought it the last 24h, and I was wondering if i can detect them before they grow up very fast in order make a lot in a short time. Thank you  Grin


There is no guaranteed way to achieve great profits in the short term, but in the long run you can choose a project from the list of CMC and it must be listed on trusted platforms and have a highly qualified team!!! And after you wait for a long time, surely if you are lucky, you will gain a great fortune.!!! Also, don't forget that the crypto market is very volatile and you can lose your budget in an instant so be careful the road is tough here Wink
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January 11, 2022, 08:35:29 PM
 #11

I advise to try invest in alts only before listing, on the early stage, it could be profitable, another way have the highest risk

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January 11, 2022, 08:37:35 PM
 #12

it seems you are quite passionate about this Cheesy
Even though it's actually anyone's right to see growth but I think you're looking in the wrong direction my friend. The risk of being there is too great I think.
maybe I'm too brave to be there because I wouldn't have chosen the coin pump route like this so to say things like high risk but believe me when you're new here and don't really understand how it works and positioning I think you will only spend your money there
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January 11, 2022, 08:47:18 PM
 #13

I started investing in crypto since november 2021, and everytime I open CoinMarketCap i notice that there's a lot of new coins with at least +110% profit if you bought it the last 24h, and I was wondering if i can detect them before they grow up very fast in order make a lot in a short time. Thank you  Grin

That was tough. If everyone knows that, we shouldn't see question/s like that.

Basically, no one knows if that new coin will pump hard the moment it got listed. You need to risk some if you anticipate that those new coins will pumped later on. You have to dedicate your precious time monitoring and watching those who are performing well on that specific day and apply your DYOR if that coin is worth risking your money.

Eventually, you will automatically learn how to spot good coins. Just build your progress since it's just roughly 2 months that you began your journey here.

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January 11, 2022, 08:59:34 PM
 #14

I started investing in crypto since november 2021, and everytime I open CoinMarketCap i notice that there's a lot of new coins with at least +110% profit if you bought it the last 24h, and I was wondering if i can detect them before they grow up very fast in order make a lot in a short time.
I guess you're noticing is only about the the gainers but at the same time you should also note about lessors. Everyday some coins do do +110% growth and some other coins do -110% growth. It means you cannot detect well in advance which coin is going to become a loser or gainer for a day. If you keep on noticing the coin which are performing well today might be joining the losing list after some period of time.

To prevent all these kinds of problems, you should invest only in well recognized coins like bitcoin. Bitcoin also might be joining the loser's list some day but it will definitely bounce back but most other altcoins will not.

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January 11, 2022, 09:11:17 PM
 #15

It's obvious that the smallest projects are most profitable because you don't need a lot of supply to influence the price. I use onchain analysis tools for this. By tracking the movements of the whales' wallets, you can stay ahead of big spikes. An increase in portfolios with a larger balance is an opportunity for further increases, as investors will most likely buy additional tokens to average the price. I can share this tool if you are interested in.

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January 11, 2022, 10:37:57 PM
 #16

It's obvious that the smallest projects are most profitable because you don't need a lot of supply to influence the price. I use onchain analysis tools for this. By tracking the movements of the whales' wallets, you can stay ahead of big spikes. An increase in portfolios with a larger balance is an opportunity for further increases, as investors will most likely buy additional tokens to average the price. I can share this tool if you are interested in.

How do you track the contents of whale wallets? If the purchase of a coin is made on a centralized exchange, apart from the volume, you will not be able to see who exactly buys the coin. But the trading volume can really help you when assessing the value of a coin.

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January 11, 2022, 10:44:07 PM
 #17

I started investing in crypto since november 2021, and everytime I open CoinMarketCap i notice that there's a lot of new coins with at least +110% profit if you bought it the last 24h, and I was wondering if i can detect them before they grow up very fast in order make a lot in a short time. Thank you  Grin

If there is a way on knowing things ahead of time then most of us on this market is already rich fella. The answer into your question is totally unknown since no human being could predict on where those coin prices  will be heading on.

Everything would really vary on demand on which prices could really move in random ways which it is really more hard to determine on which coin you would choose.
So if you do invest on a particular coin then be sure that you had made out your research and go for potential and not just good with some temporal hypes
and interest.

R


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January 11, 2022, 10:56:56 PM
 #18

I started investing in crypto since november 2021, and everytime I open CoinMarketCap i notice that there's a lot of new coins with at least +110% profit if you bought it the last 24h, and I was wondering if i can detect them before they grow up very fast in order make a lot in a short time. Thank you  Grin


The goal in crypto is to get the right information at the right time. If you manage to do that, you stand a chance to make so much. What I suggest is for you to start participating and engaging actively in prominent crypto groups where people research and share information. This way, you can get the right information early on in form of "alpha leaks" which would put you in a very good position to profit before the general public gets in.

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January 11, 2022, 11:26:26 PM
 #19

I started investing in crypto since november 2021, and everytime I open CoinMarketCap i notice that there's a lot of new coins with at least +110% profit if you bought it the last 24h,
The pump was happening randomly and it can't be predicted and by the way those coins are pump and dump coins. You should not need to play with them. They are shit coins with big risk used by the whales to did pump and dump to fool newbies.
and I was wondering if i can detect them before they grow up very fast in order make a lot in a short time. Thank you  Grin
You can't detect them easily as many of them are shitcoins with very low daily trade volume in the market. They can be pumped instantly with small mounts of money. It's quite impossible to be able to detect those tokens. The fact many of them are only short pump and those coins will be going back down again later. Pump and dump coin will always there and it's hard to predict.

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January 11, 2022, 11:33:06 PM
 #20

I started investing in crypto since november 2021, and everytime I open CoinMarketCap i notice that there's a lot of new coins with at least +110% profit if you bought it the last 24h, and I was wondering if i can detect them before they grow up very fast in order make a lot in a short time. Thank you  Grin

You must have to monitor the market and often visit https://coinmarketcap.com/ for you to be aware of the current market flow. If you have done this the more you were aware of the situation and might not miss the chance. That was time-consuming on your end but you have the reason as well that is why you have to do it, otherwise.

But I think, you should have to stop thinking about instant returns, you can't get that one if you are not working hard. You'd rather spend more time in the market and learn more.

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