Silver80
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February 27, 2022, 01:58:47 PM |
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So btc prices and likewise altcoin prices has been going down. As many notice altcoins follow btc directly pretty much. But when you check on coinmarketcap, they always have a list of top
Trending Biggest Earners Recently Added
You can also see which coins are the biggest losers as well within the last 24 hour.
Now if the altcoin is like top 100 altcoin, it will pretty much follow how btc is going.
But what about these altcoins like Silva Token, Doge Riseup, Nurifootball etc.
First off, how do you even find out about these coins?
Second, what exchanges can you even find these coins? It seems almost all these altcoins are related to ETH. Does it involved pancakeswap/metamask and things like that? Is it easy to learn?
Third, these coins don't have any correlation to btc?
In my opinion, what will go up are stable coins, because they will be exchanged when market conditions go up, so the demand for these stable coins increases so that the rate will also increase but because these coins follow the price of the currency the increase is not so rice playing at that level.
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Yamifoud
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February 27, 2022, 02:13:54 PM |
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Mostly they are shitcoin, meaning regardless of bitcoin going up or down, they are going to be pump hard. Maybe it's just a coincidence that they've mooning when the price of bitcoin goes down, otherwise there are no correlation whatsoever. Some of the users have already explain where to find those, and if you are interested then good luck and hopefully you can make money out of it.
I guess, someone has been able to manipulate their price in order for them to look good despite the market corrections. In fact, these coins that had mentioned by OP seem not performing so well, that gonna be surprised at how it pumps in this situation. Well, sending good luck is meaningful but I suggest for the OP not to push this, or else, regrets will happen next, probably. We are investing to make money and that only happens if we invest the coins too.
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Vatimins
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February 27, 2022, 02:34:48 PM |
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You know what you lack op? Motivation. Because if you had enough motivation, you would have already researched about this and have already made profits investing pennies on these shitcoins. With effort, these things are easy to understand and learn about so do yourself a favor and take it seriously, I promise you, you won't regret it.
Aswering some questions for you and giving a few advice since I also once was in your place it's just that we acted differently. Looking for them is easy with cmc and coingecko which was already mentioned by others. Another way is subscribing on airdrop signals, but don't just buy whatever is being signalled. Instead, look into the vital parts of a project like the developers, white paper, community, tokenomics and usecases. Now if after reading through all that you find a good one, then invest a few dollars that you can brush off when it gets rugpulled and take profits whenever available then leave a few for speculative profits just in case the coin shoots up even more. Getting in paid signals is also an option but that only applies for people with a good amount of money to spare. And lastly, just because bitcoin is dominant, doesn't mean that the whole market will follow it all the time. Hope this helps.
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joeperry
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February 27, 2022, 03:07:09 PM |
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First off, how do you even find out about these coins?
Second, what exchanges can you even find these coins? It seems almost all these altcoins are related to ETH. Does it involved pancakeswap/metamask and things like that? Is it easy to learn?
Third, these coins don't have any correlation to btc?
You can check coins, their groups and announcements usually if those coins have interesting updates or achieve a milestone the price could go up even all the coins are down. Altcoins are usually coins that is not Bitcoin so any other coins whether it is from ETH, SOL, MATC or any network it is considered as an altcoin. No, the only correlation I see is when that coin can be exchanged to BTC like ETH/BTC, SOL/BTC, etc.
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19Nov16
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February 27, 2022, 03:13:38 PM |
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In the short term of course there are altcoins that go up even though the top rank is red, but I'm sure this won't last long and only a momentary pump to attract investors' attention, and now it's easy to see in the coinmarketcap session the biggest gainers/losers section.
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danherbias07
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February 27, 2022, 03:24:28 PM |
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Never heard of those coins. There's a bunch of altcoins listed in coinmarketcap now but I can remember who is doing great even in a dump season. I don't think those are the healthy coins that I saw. One possibility is the manipulation behind it. Don't get fooled by numbers written in front. SilvaToken for example, known exchange is PancakeSwapV2 but look at the volume. The highest volume is within an exchange called Indoex. But check the liquidity. Low liquidity means that markets have few opportunities to buy and sell, and assets become difficult to trade. Google.
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Pejoh Asu
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February 27, 2022, 03:40:16 PM |
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Of course, top ranking coins such as BNB, ETH, Terra and so on will increase even though the market is down, strong coins certainly make investors not hesitate to buy and hold, while new coins will be difficult when the market is down and the thing they can do is convince community to always buy and hold.
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Semar Mesem
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February 27, 2022, 04:07:07 PM |
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In general, crypto is strongly influenced by the top 25 rankings, and the biggest factor that has the most influence is of course bitcoin, when bitcoin goes up 1% then altcoins will go up by more than 1% and vice versa, to find coins that go up while the market is red is of course very difficult, if the going up is a strong coin then that is because it is purely from market demand, but if it is still a new coin then it is pumping.
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makishart
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February 27, 2022, 04:34:54 PM |
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have not you seen before about the existence of what we have called that as scam tokens? This token being issued by the scammers and then traded on the decentralized exchange site that was fully operated based on the swap mechanism. Due to the low liquidity and even when you are buying with only a few thousands of USD and this enough to make the price of token to go to the moon. This is making the shit tokens like that didn't follow bitcoin. Bitcoin is moving based on the news and fundamental while this shit token based on the hype. Hype gone = dead. This is the cycle in the shit scam token. You must not be surprised if sometime it was getting hundreds percent of pump
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SirLancelot
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February 27, 2022, 06:04:53 PM |
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I think what you said there op is true. Last time I check CMC and there are coins with weird names that are still rising despite the dump of the top coins. I think those coins are mostly meme coins, some are not meme coins but I think they aren't only popular.
It is nice to know that those coins have been given a break to shine because they are hardly noticed when the majority of top coins are pumping. Those coins are already in the CMC, why are you still asking if where to find them? You can also click the coin inside the CMC and click on the market tab to know if which exchanges are these coins listed. not all of them are related to ETH but some are from BSC and other chains.
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husdemba
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February 27, 2022, 06:15:09 PM |
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Currently, the future of all cryptocurrencies depends on the performance of Bitcoin. Bitcoin dominance should increase now and remain stable thereafter. When investing in an altcoin, you should definitely pay attention to the Bitcoin charts
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franch
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February 27, 2022, 07:00:08 PM |
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When I check the market prices, I always see that altcoins are shaking a lot. However, I also experienced that when main coins such as BTC,ETH go up, altcoins generally go down. The move is quite big actually. BTC is originated in 2008. Back then there were no altcoins. When BTC became popular, altcoins occured. In 2013 and 2014, altcoins occured and they are still growing. In 2017 there were 600 new altcoins, therefore they had to depend on BTC. As they are quite a lot, it is impossible to follow all of them. Therefore, in my opinion we can say that altcoins heavily depend on the whole market.
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Teraboy
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February 27, 2022, 11:45:27 PM |
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I have been trading shit tokens during the bearish market and yeah it was doing so well as long as you are early joiners. It will be pumped by the big player no matter how condition the crypto market. Im not even feeling doubt about that. I can still make money from the shit token. Shit token being pumped and sometime this will be also following bitcoin price movement. It's called shit token who can stand alone against bitcoin trend but this is only for short term. The long term will be even worst than those who have been following bitcoin trend. These coins may become worth nothing. Trading in these shit tokens are very risky these days if you have no knowledge about this
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Dr.Osh
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February 28, 2022, 05:08:53 AM |
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these coins are usually new coins, coins that are undergoing new developments such as listings on several exchanges or something, or the team deliberately makes the coin go up to get people interested. There are many reasons why a coin goes up when the bitcoin price is down. however, how to find it, I usually just look at the coinmarketcap, and see which coins are falling the lowest, and which coins are going up high. with that we can get that information. Second, I usually choose coins with large exchanges, such as Binance, Kucoin, Huobi, and so on. if the coin just climbs on a pancake, or any other DEX, I doubt it. and thirdly, almost all coins have a correlation with bitcoin, except for stable coin. if the price of the coin goes up during a bear market, there will be a reason for it, except for a scam coin that deliberately makes it look like a pump to attract new investors before making a rug pull.
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JangoUnchained
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February 28, 2022, 05:36:17 AM |
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Avinoc is one of those tokens, it's been trading @0.4$ for few months already on Bkex exchange even while the whole market is down this token wasn't affected at all.
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Pujangga
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February 28, 2022, 05:59:02 AM |
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Of course there are no coins or tokens that can be green when the market is red, this is what makes us always wise and patient to invest cryptocurrencies, if our goal is long term then don't check prices daily, it's better to focus on the most important goal is to maintain so that assets are safe from hackers.
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sana54210
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February 28, 2022, 02:18:40 PM |
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When I check the market prices, I always see that altcoins are shaking a lot. However, I also experienced that when main coins such as BTC,ETH go up, altcoins generally go down. The move is quite big actually. BTC is originated in 2008. Back then there were no altcoins. When BTC became popular, altcoins occured. In 2013 and 2014, altcoins occured and they are still growing. In 2017 there were 600 new altcoins, therefore they had to depend on BTC. As they are quite a lot, it is impossible to follow all of them. Therefore, in my opinion we can say that altcoins heavily depend on the whole market. That is not how it happens; I mean not technically how it happens (sort of happens). When bitcoin goes up, the price of altcoins versus bitcoin goes down, but when the price of bitcoin goes up in dollar, altcoins go up as well. It may not go up as much as bitcoin, hence why they are dropping in value against bitcoin but they are gaining in dollar. Look at the past 2021 year. Look at all the times bitcoin moved up, and look at all the times altcoins moved up, you will see that it is almost exactly the same date. Doesn't mean that it is 100% always like that, but the majority is always like that. So, bitcoin going up in dollar value means altcoins going up in dollar value as well.
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D ltr
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February 28, 2022, 02:38:09 PM |
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fake volume can green the value of one coin. where when the market is red it's green itself, and goes up 100% or even more, that often happens with meme coins. not for real coins like LTC nad more , cos if BTC red all altcoin must be red
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JeWay
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February 28, 2022, 03:32:51 PM |
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Several factors trigger Altcoins to rise when the market trend is falling .
1. The presence of big news can trigger hype among traders to look at Altcoins that are able to break through high bulls when the market is bearish
2. At this stage we can look at the case of tokens that are able to be played by some whales to attract traders' interest, such as the small sell order book which makes it easy for whales to manipulate prices.
3. Newly born or newly listed tokens on the exchange will always be a crucial point for potential new entrants meaning the increase is triggered by news and will not last long.
maybe some of us have experienced in this case and a good lesson is to research and look for accurate information on every increase that occurs.
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makishart
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March 01, 2022, 11:41:53 PM |
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fake volume can green the value of one coin.
It's not fake as it was on the decentralized exchange site but that's fully manipulated by someone who has been pumping the price of token by adding massive liquidity at once. This is triggering people to invest in the coin as well. People are seeing the performance of this token was being different compared with the majority of altcoins in the market caused by that. The fact that shit tokens are always doing this kind of pump and is suspect some developers of shit tokens have been pumping their own tokens. This can be a trap. where when the market is red it's green itself, and goes up 100% or even more, that often happens with meme coins. not for real coins like LTC nad more , cos if BTC red all altcoin must be red
Yeah and that makes the price movement of shit tokens become different compared with another token. People are seeing meme token as a place to make money or money generator caused by this. but this depends on how lucky you are.
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