How to profit from altcoins collapses?

[TheUltraElite]

Is it possible to profit from collapses of altcoins? Do you have any ideas how to?

Practically "short selling" can profit from the drop in price, sell now and buy it later at the lower price. But in real markets, this is difficult to execute neatly.

If you dont have the guts to do that, then you should just hold and wait for it to go back up again, which might take years or worse decades. The damage that you see on buying altcoins cannot be corrected but needs to be prevented by taking a vow to never divulge your hard earned money into altcoins but be loyal to bitcoin only.

The more you fill your bag with shitcoins, well, the more it will smell like shit.

[Sayeds56]

Is it possible to profit from collapses of altcoins? Do you have any ideas how to?

That's the only way you profit if you bought it at low then sold it at high, what's impossible for that? The idea is to have proper risk management on every investment you venture to since you don't know when is the time the coin/token may up or down in price. Risk management should always come at hand first.

It is hard make profit from a collapsing coin, because collapse often happens suddenly and without any warning. By the time information is available about the collapse, its too late to take decision to short it. The other option is to take buying position when it is bottomed out & you think it worth it, as this can be risky as it is like "catching a falling knife". In other words very hard to predict when a coin will hit the bottom, so timing is difficult.

[Ziskinberg]

Is it possible to profit from collapses of altcoins? Do you have any ideas how to?

No, you can't especially if you are investing shitcoins but if you are only investing ETH and BNB, even if it drops yet still believe that it will recover. Profit will come to you if we're able to hold and wait for the recovery but you can't manage yourself to do that, it is certainly impossible even though you are investing potential altcoins.

Not too hard to deal with the declining situation of the market. What we need is to choose good projects and trust them, earning is not impossible if you did it right and only sell them when the price increases.

[gunhell16]

Is it possible to profit from collapses of altcoins? Do you have any ideas how to?

What I wonder about you is why would you board a ship that you know is going to sink, I can't get the logic you want to know. You can't right a sinking ship. Collapsed thinking when you can still make money here, this kind of thing is no longer possible in reality.

And there are many investable coins, even top altcoins, such as Bitcoin, Ethereum, Bnb, Matic, Ada, Shib, Shibarium, Dogecoin, and others that collapsed.

[piebeyb]

you have to do research first to invest in altcoins, of course, look for old altcoins that have lasted until now, not look for altcoins that are only 1 or 2 years old, chances are they can crash without recovering, then if you have done your research, buy all altcoins when the market crashes and save it for the next few years at least till 2025 as long term investment and 4 year cycle  

[Distinctin]

you have to do research first to invest in altcoins, of course, look for old altcoins that have lasted until now, not look for altcoins that are only 1 or 2 years old, chances are they can crash without recovering, then if you have done your research, buy all altcoins when the market crashes and save it for the next few years at least till 2025 as long term investment and 4 year cycle  

We are not in the early days, most of the new altcoins now are not profitable to invest in. Personally, I would instead choose the stability of altcoins, which means they have already been listed in a big exchange and people are already familiar with them. If we were in 2017, then investing in new altcoins is the right choice as it could generate a lot of money for us, but those golden times were gone, investors are more mature now, so they'll only hold coins that have already proven with good potential.

[Xal0lex]

you have to do research first to invest in altcoins, of course, look for old altcoins that have lasted until now, not look for altcoins that are only 1 or 2 years old, chances are they can crash without recovering, then if you have done your research, buy all altcoins when the market crashes and save it for the next few years at least till 2025 as long term investment and 4 year cycle  

This is an extremely controversial statement. So you are suggesting to look for altcoins that have already grown a long time ago and can bring only a few hundred percent and refuse from projects that have not yet grown and can carry a potential 1000%? Don't forget, projects like Polygon or TrustWallet Token also used to be young and worth very little, and then they brought their early investors big profits. In general, you should not ignore young projects.

[abel1337]

Is it possible to profit from collapses of altcoins? Do you have any ideas how to?

You have two options in 99% cases. The best method is to open short position on crypto exchanges if the crypto pair is offered on market. Second option is to buy dip points before alt season so you can harvest profits when price goes ATH. Depending on the capital and trading experience, you may make nice ROI with right trading decisions. Choosing the coin that may go down in next bear attack on the market should be hard task, instead, you can pick few altcoins and follow updates to make clear decisions later.

This is the common and right way to make profit in bear market and I personally doing this when I'm ready to make a profit in a falling market. I rarely do shorting since I don't trade much these past few months that's why I don't know where the a dump is potentially heading, It's hard to guess where will the price fall. A TA is a necessary in doing shorting. Buying at lower prices is my always go to when big dumps happens, Most of the time you can get the best prices in dumps as long as you know what is the project or altcoin you are buying and know if it is underpriced and worthy to keep for a long time.

[lalabotax]

Is it possible to profit from collapses of altcoins? Do you have any ideas how to?

If altcoins have collapsed, we only are waiting for the end of the altcoins themselves. If we have been late to take profits or even set a stop loss, this means that we have lost our chance. Commonly, an altcoin collapse will happen very quick in a short time. After that, we have no chance anymore to secure our assets and moreover to take profits. But sometimes, some certain parties use certain periods to likely pump up the price again but only very few times so that they can take profits in the pump price. But once more, if we are late to sell, we will have no chance anymore. In this case, we can see that the risks are very high for the altcoin collapses.

[Desmong]

Is it possible to profit from collapses of altcoins? Do you have any ideas how to?

I don't really understand what you mean by altcoin collapse because any coin that had collapse may not be able to go bullish again. The market is going to be going bullish soon and I am very sure that most altcoins that had lost there liquidity may now start going bullish again since the market is still very positive with more better movement that will lead to a big momentum.

[Oasisman]

Is it possible to profit from collapses of altcoins? Do you have any ideas how to?

I don't really understand what you mean by altcoin collapse because any coin that had collapse may not be able to go bullish again. The market is going to be going bullish soon and I am very sure that most altcoins that had lost there liquidity may now start going bullish again since the market is still very positive with more better movement that will lead to a big momentum.

Basic initiative, collapse is another term for dip, correction, or anything bearish. Collapsed is different from "dead", those are the coins who will not gonna rise up again.
Also, the market isn't bullish yet, but it's good to buy top alts in the market today while the price is still affordable. Bullish market may most likely not gonna happen sooner, but most likely before or after the Bitcoin halving next year.

[Zoec]

I never touch or playing for something with will fall.
Take more sense buying other coins in good potential. Short-Long? too risky.

[romero121]

Is it possible to profit from collapses of altcoins? Do you have any ideas how to?

I don't really understand what you mean by altcoin collapse because any coin that had collapse may not be able to go bullish again. The market is going to be going bullish soon and I am very sure that most altcoins that had lost there liquidity may now start going bullish again since the market is still very positive with more better movement that will lead to a big momentum.

Basic initiative, collapse is another term for dip, correction, or anything bearish. Collapsed is different from "dead", those are the coins who will not gonna rise up again.
Also, the market isn't bullish yet, but it's good to buy top alts in the market today while the price is still affordable. Bullish market may most likely not gonna happen sooner, but most likely before or after the Bitcoin halving next year.

Whenever the market of altcoins is found to be at the bottom make some investment. The altcoins invested should be chosen perfectly, if not we will be in a situation to hold for much longer time period. With altcoins we also need luck, at times what we've chosen to invest won't pump and the rest spikes.

[rozak]

Whenever the market of altcoins is found to be at the bottom make some investment. The altcoins invested should be chosen perfectly, if not we will be in a situation to hold for much longer time period. With altcoins we also need luck, at times what we've chosen to invest won't pump and the rest spikes.

deciding which altcoins to buy and invest for any given time is the tough one. sometimes we just buy altcoins based on marketcap ratings and altcoin popularity.
we might forget about altcoins with roadmaps that are already close to a big event. back during the ICO season, we could see tokens that had renewal often get a good pump in the market. but maybe the current situation is different. focus on investing in altcoins with good popularity and reputation.

[LogitechMouse]

Is it possible to profit from collapses of altcoins? Do you have any ideas how to?

- Short selling if you believe that it will go down even lower.
- Placing a long position in exchanges like Binance etc. This is you expect that the altcoin will recover.
- Buying it and then wait for it to recover.

I'm assuming that what you are saying is "all altcoins" collapsed including those large market cap coins. There are many ways to profit from these altcoins depending on which altcoin you will choose to buy. I'm always a fan of buying on the large market cap coins as they are way less risky than those with low market cap altcoins, but gives lower reward. On the other hand, maybe you should consider researching and buying those young and new projects as long as you are ready with the worst case scenario. Young and new altcoins can give you huge profits.

[lienfaye]

Is it possible to profit from collapses of altcoins? Do you have any ideas how to?

You can take advantage the collapse but this depends on why it's happening. If it's because of the normal bearish season due to Bitcoin is plunging and alts are following, then you can buy alts that you like to invest in for cheaper price. Choose the one with potential and worthy to hold.

But if you're pertaining to alts plunging because of the dump of many investors because it is a pump and dump coin, then think carefully. Ask yourself if it is good to buy while others are dumping. Reseach if it has a utility and sustainable. If the answer is no, then stay away if you don't want to lose your money.

[CapGelatik]

Is it possible to profit from collapses of altcoins? Do you have any ideas how to?

I don't really understand what you mean by altcoin collapse because any coin that had collapse may not be able to go bullish again. The market is going to be going bullish soon and I am very sure that most altcoins that had lost there liquidity may now start going bullish again since the market is still very positive with more better movement that will lead to a big momentum.

Basic initiative, collapse is another term for dip, correction, or anything bearish. Collapsed is different from "dead", those are the coins who will not gonna rise up again.
Also, the market isn't bullish yet, but it's good to buy top alts in the market today while the price is still affordable. Bullish market may most likely not gonna happen sooner, but most likely before or after the Bitcoin halving next year.

Whenever the market of altcoins is found to be at the bottom make some investment. The altcoins invested should be chosen perfectly, if not we will be in a situation to hold for much longer time period. With altcoins we also need luck, at times what we've chosen to invest won't pump and the rest spikes.

On the other hand it is also not easy to determine which altcoins are really worth it,
it requires research which definitely takes a lot of time to do,
which is clearly not easy to make decisions wisely.

[blockman]

I never touch or playing for something with will fall.
Take more sense buying other coins in good potential. Short-Long? too risky.

Just like the known quote, "don't catch falling knives".
That's a good action when you understand that if you're interested in buying during a fall, it's not the actual dip but it's more of those knives falling and will just bear damage to your portfolio. It's a different situation when we're telling people to buy in the dip for bitcoin because we know how entirely different it is from the altcoins that are being seen on its collapse.

[d3nz]

I never touch or playing for something with will fall.
Take more sense buying other coins in good potential. Short-Long? too risky.

Just like the known quote, "don't catch falling knives".
That's a good action when you understand that if you're interested in buying during a fall, it's not the actual dip but it's more of those knives falling and will just bear damage to your portfolio. It's a different situation when we're telling people to buy in the dip for bitcoin because we know how entirely different it is from the altcoins that are being seen on its collapse.

Another way around for those investors that still want to buy when it's falling should have a stop-loss position and this is to avoid a huge loss when the market keeps going down we all know that even if you speculate and analyze the market we don't know what's gonna happen even on a split second. Also, altcoins really go much dipper when the bitcoin dominance is going up which maybe some of the altcoins will surely get affected on it.

[Greg Tonoski]

From the many similar answers I realized that there is another way to indirectly profit from altcoin collapses: charge fees for trades in them, i.e. run exchange business (sort of casino in case of altcoins). That's not exactly what I asked about. I am interested in a direct way to profit from collapses of altcoins and not taking advantage of suckers who chase get-rich-quick schemes.