doomloop
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January 26, 2023, 10:32:11 AM |
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- 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.
I think short selling will depend on what kind of coins you hold. If you are a holding a new coin and you don't know it's future then much better if sell it before more collapse are going to be recorded but if what you have is a top coin then it will be better if just hold them than selling and incur a loss as they can still recover. For the second one that you suggest which is placing a long position, the coins will fit better here are those top coins because again like I said earlier, we already know that they can recover. Same goes to the last one in your list. There are many ways or activities that we can do to earn but I think most of them only work when the market is in good condition.
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Blawpaw
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January 26, 2023, 12:56:43 PM |
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Is it possible to profit from collapses of altcoins? Do you have any ideas how to?
Yes, it is possible to profit from the collapse of altcoins, but it requires a high level of risk tolerance and a thorough understanding of the market. One strategy is to short-sell the altcoin, which means borrowing shares of the coin and selling them with the hope that the price will decrease, allowing you to buy the shares back at a lower price and return them to the lender while keeping the difference as profit. However, the downside of this strategy is that if the price of the coin increases, you will incur a loss. Another strategy is to hold Bitcoin instead of altcoins, as it is known as a haven asset in crypto market during market downturns and market crisis, where people tend to move their assets to Bitcoin instead of other altcoins.
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DOH!
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January 26, 2023, 01:45:44 PM |
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The opportunity to make a profit when the market drops sharply has a very low success rate. I am also experiencing huge losses with my altcoin portfolio but I am not selling them all. I recreate the altcoin portfolio with projects I think have potential and stack them. Instead of my portfolio of 6 altcoins, I'll be selling those that don't have much upside based on my analysis. Use the proceeds to buy more altcoins that I hold. I expect one of them to thrive in the long run.
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TheUltraElite
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So anyway, I applied as a merit source :)
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February 04, 2023, 05:09:04 PM |
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The opportunity to make a profit when the market drops sharply has a very low success rate. I am also experiencing huge losses with my altcoin portfolio but I am not selling them all. I recreate the altcoin portfolio with projects I think have potential and stack them. Instead of my portfolio of 6 altcoins, I'll be selling those that don't have much upside based on my analysis. Use the proceeds to buy more altcoins that I hold. I expect one of them to thrive in the long run.
Recreating a portfolio needs a lot of work from your side. Finding projects that have potential is an easy thing to say but lack depth because most projects that are recently launched will collapse in the long run maybe even faster like the next two years. Instead focus on bitcoin and possibly the top five altcoins and not more than that. Because the market is showing an uptrend, you might see movements in altcoins but dont let that fool you, these coins are lacking in development and they would never be as big as bitcoin is. In the long run from my view, altcoins suck and bitcoin rocks.
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Xal0lex
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February 04, 2023, 06:43:42 PM |
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The opportunity to make a profit when the market drops sharply has a very low success rate. I am also experiencing huge losses with my altcoin portfolio but I am not selling them all. I recreate the altcoin portfolio with projects I think have potential and stack them. Instead of my portfolio of 6 altcoins, I'll be selling those that don't have much upside based on my analysis. Use the proceeds to buy more altcoins that I hold. I expect one of them to thrive in the long run.
The most common strategy to profit from a falling market is for margin traders, but margin trading itself is risky. The best strategy for profiting from a falling market is to buy back cheap coins at a deep discount, then hold them for the medium or long term and then sell them. This is much safer than playing with shoulders and putting yourself at risk of liquidation.
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abralzain17
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February 05, 2023, 05:31:52 AM |
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Is it possible to profit from collapses of altcoins? Do you have any ideas how to?
is the altcoin you are referring to an altcoin that has good potential?. maybe we can profit from every altcoin collapse, but we need to see that the altcoin has good Fundamentals and there is potential to continue to grow after the collapse. if so we can take advantage of it
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Dr.Osh
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February 05, 2023, 06:44:24 AM |
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Is it possible to profit from collapses of altcoins? Do you have any ideas how to?
The possibility of getting profits when altcoins are falling is very huge. for example, in the fall of Terra Luna Classic, even though Terra's fall was very bad news for the holders, many people took advantage of the moment to gain huge profits. This proves that we can benefit from the collapse of an altcoin. However, it all also depends on the strategy you have. You can benefit by taking advantage of the volatility that occurs, or short, and you can also buy these altcoins in large quantities, and hold them for a long time.
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cafee_orange
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February 05, 2023, 06:45:12 AM |
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Is it possible to profit from collapses of altcoins? Do you have any ideas how to?
Are you sure you want to take part of the collapsing altcoin? if you are sure then there you have taken advantage of the altcoin if the price returns to normal. however, what you have to pay attention to for each altcoin that collapses is the potential it has, if it has good potential then you are not wrong to keep it in your wallet for a long time until you can get profits and you can release it when the market is normal
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posi
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February 05, 2023, 09:43:32 AM |
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Is it possible to profit from collapses of altcoins? Do you have any ideas how to?
The possibility of getting profits when altcoins are falling is very huge. for example, in the fall of Terra Luna Classic, even though Terra's fall was very bad news for the holders, many people took advantage of the moment to gain huge profits. This proves that we can benefit from the collapse of an altcoin. However, it all also depends on the strategy you have. You can benefit by taking advantage of the volatility that occurs, or short, and you can also buy these altcoins in large quantities, and hold them for a long time. There is always a way to make money even with collapsed altcoins like Luna or FTT, but is it worth the risk to invest in them to get the returns that many other potential projects can also bring? The profit is the same, but the risk is different, I don't think it's worth our try. All profitable investments need volatility, easy said, but do you know when it will happen? What sign do you guarantee it will recover when we hold it long term? It's all just gambling and in this case, more risk than luck.
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ningrum
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February 05, 2023, 10:42:01 AM |
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Is it possible to profit from collapses of altcoins? Do you have any ideas how to?
Are you sure you want to take part of the collapsing altcoin? if you are sure then there you have taken advantage of the altcoin if the price returns to normal. however, what you have to pay attention to for each altcoin that collapses is the potential it has, if it has good potential then you are not wrong to keep it in your wallet for a long time until you can get profits and you can release it when the market is normal An altcoin that has potential, so when it collapses, it is likely to get back up and it is not easy to find an altcoin like that, easy examples such as Ethereum and BNB coins are both potential and quality coins that need not be doubted.
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Maslate
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February 05, 2023, 12:05:00 PM |
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Is it possible to profit from collapses of altcoins? Do you have any ideas how to?
Are you sure you want to take part of the collapsing altcoin? if you are sure then there you have taken advantage of the altcoin if the price returns to normal. however, what you have to pay attention to for each altcoin that collapses is the potential it has, if it has good potential then you are not wrong to keep it in your wallet for a long time until you can get profits and you can release it when the market is normal An altcoin that has potential, so when it collapses, it is likely to get back up and it is not easy to find an altcoin like that, easy examples such as Ethereum and BNB coins are both potential and quality coins that need not be doubted. Major altcoins usually earn success in the crypto world as they have already built their reputation and they have lots of supporters that have invested a lot of money ot the project. So if ever we are taking chances investing in new projects, then we have to understand that we are taking a high risk as we could lose our money but the good news is if it will pump, that will result in a massive profit. As an investor, we need to be knowledgeable as that's our main weapon to be successful, whether it's on altcoins or bitcoin investing.
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dg2010
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February 05, 2023, 12:51:09 PM |
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Is it possible to profit from collapses of altcoins? Do you have any ideas how to?
Are you sure you want to take part of the collapsing altcoin? if you are sure then there you have taken advantage of the altcoin if the price returns to normal. however, what you have to pay attention to for each altcoin that collapses is the potential it has, if it has good potential then you are not wrong to keep it in your wallet for a long time until you can get profits and you can release it when the market is normal An altcoin that has potential, so when it collapses, it is likely to get back up and it is not easy to find an altcoin like that, easy examples such as Ethereum and BNB coins are both potential and quality coins that need not be doubted. Absolutely! Those are some great examples of altcoins with real potential. Ethereum and Binance Coin have proven themselves time and time again, with a solid track record and a strong community behind them. It's not often you come across an altcoin with that kind of staying power, so when you do, it's definitely worth taking notice. But of course, as with any investment, there's always some level of risk involved. That's why it's so important to do your own research and make informed decisions. It's all about finding that balance between potential rewards and manageable risks. Keep your eyes peeled and don't be afraid to take chances on promising projects - that's how you'll find the next big thing in the crypto world!
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BRINIRHA
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February 05, 2023, 01:46:41 PM |
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Is it possible to profit from collapses of altcoins? Do you have any ideas how to?
to be honest I have no idea about this. I didn't even think about it all this time. because I think nothing can be expected from an altcoin that has completely collapsed. An altcoin that doesn't have an ongoing project means that it has no potential in it. but there is an altcoin that collapsed but did not completely collapse, namely Terra Luna Classic (LUNC). but LUNC didn't collapse completely as some people are even speculating on it. because basically they are still active in burning fees. that's what i heard. but still there is no promising potential in it other than a speculation.
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cafee_orange
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February 06, 2023, 07:48:01 AM |
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Is it possible to profit from collapses of altcoins? Do you have any ideas how to?
Are you sure you want to take part of the collapsing altcoin? if you are sure then there you have taken advantage of the altcoin if the price returns to normal. however, what you have to pay attention to for each altcoin that collapses is the potential it has, if it has good potential then you are not wrong to keep it in your wallet for a long time until you can get profits and you can release it when the market is normal An altcoin that has potential, so when it collapses, it is likely to get back up and it is not easy to find an altcoin like that, easy examples such as Ethereum and BNB coins are both potential and quality coins that need not be doubted. do you think only Bnb, and ethereum altcoin have potential? I don't think so, friends, of course there are lots of altcoins that have potential right now. and even some time ago there was a collapse like Matic and cardano, and that in my opinion is an altcoin that also has potential.
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TheUltraElite
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So anyway, I applied as a merit source :)
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February 14, 2023, 03:40:22 PM |
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do you think only Bnb, and ethereum altcoin have potential? I don't think so, friends, of course there are lots of altcoins that have potential right now. and even some time ago there was a collapse like Matic and cardano, and that in my opinion is an altcoin that also has potential.
You might have a different opinion but the top ten or the top five have always been the closest to being safe assets as to bitcoin. Going by that ETH and BNB can be given a try if you are having funds to invest in. A load of altcoins are available on the market and you are free to choose from them but since the ETH project has been here for sometime and BNB has been a successful exchange their tokens are in the top, I would add LTC to the list if I could too, because that has also been a resilient project. Every month does not specifically mean the month of a new altcoin, the same old ones will profit like they did, you have to get into them.
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Pamadar
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February 15, 2023, 05:08:55 PM |
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Is it possible to profit from collapses of altcoins? Do you have any ideas how to?
Are you sure you want to take part of the collapsing altcoin? if you are sure then there you have taken advantage of the altcoin if the price returns to normal. however, what you have to pay attention to for each altcoin that collapses is the potential it has, if it has good potential then you are not wrong to keep it in your wallet for a long time until you can get profits and you can release it when the market is normal An altcoin that has potential, so when it collapses, it is likely to get back up and it is not easy to find an altcoin like that, easy examples such as Ethereum and BNB coins are both potential and quality coins that need not be doubted. do you think only Bnb, and ethereum altcoin have potential? I don't think so, friends, of course there are lots of altcoins that have potential right now. and even some time ago there was a collapse like Matic and cardano, and that in my opinion is an altcoin that also has potential. There are many different opinions and speculations about the coin that traders and investors are choosing to be part of their investment, it will be depending on how you deal with your research and how you trust your instinct when choosing a project. I also see that goo dpotential with Matic and Cardano, if you have good spare to invest you can add these two in your list and wait for the market to pump up and bring your some decent amout of benfits.
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Xampeuu
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February 16, 2023, 05:47:53 AM |
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do you think only Bnb, and ethereum altcoin have potential? I don't think so, friends, of course there are lots of altcoins that have potential right now. and even some time ago there was a collapse like Matic and cardano, and that in my opinion is an altcoin that also has potential.
You might have a different opinion but the top ten or the top five have always been the closest to being safe assets as to bitcoin. Going by that ETH and BNB can be given a try if you are having funds to invest in. A load of altcoins are available on the market and you are free to choose from them but since the ETH project has been here for sometime and BNB has been a successful exchange their tokens are in the top, I would add LTC to the list if I could too, because that has also been a resilient project. Every month does not specifically mean the month of a new altcoin, the same old ones will profit like they did, you have to get into them. indeed some altcoins experienced a deep decline but they were able to survive again increasing according to the trend that occurred in bitcoin. therefore it is better to research according to our personal analysis to invest in projects that are based on eth or bnb. but for bnb, eth, and ltc, I think we have great hope for long-term investment, until we get the profit according to the target, I personally will add matic as a decent altcoin reference for investing
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MiF
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February 17, 2023, 05:14:42 AM |
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Is it possible to profit from collapses of altcoins? Do you have any ideas how to?
I think it depends to the altcoins status many altcoins collapses and never rise back and if you invest on that rug pull altcoins you will not get profit in it and you will loss, however if you invest in the altcoins that collaps and that particular altcoin rise back because of the active and professional team behind it i am sure that you will get profit or big earnings into it, that is why i beleive that it depends on the altcoins concept and the team that build the altcoin that you buy.
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pantek talacuik
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February 17, 2023, 03:36:20 PM |
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Is it possible to profit from collapses of altcoins? Do you have any ideas how to?
I think it depends to the altcoins status many altcoins collapses and never rise back and if you invest on that rug pull altcoins you will not get profit in it and you will loss, however if you invest in the altcoins that collaps and that particular altcoin rise back because of the active and professional team behind it i am sure that you will get profit or big earnings into it, that is why i beleive that it depends on the altcoins concept and the team that build the altcoin that you buy. So everything you say is more about the team doing good development or making new ideas that make investors believe in all the programs that are made going forward. But sometimes I also get investors who really make the project good and end up running away.
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Moeda
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February 17, 2023, 05:58:22 PM |
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Is it possible to profit from collapses of altcoins? Do you have any ideas how to?
By way of short-term trading. Even though altcoin prices continued to drop, but these altcoins experienced price increases even though it was in small amounts. So we must be able to take advantage of these opportunities. Another way is to sell the altcoin, and switch to another altcoin, so that there are no significant losses.
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