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Author Topic: Altcoins with Risk/Reward Ratio of 10 to 1  (Read 89 times)
david678345 (OP)
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August 19, 2023, 08:04:21 PM
 #1

Is there a platform that tells you which coins have grown the most in the last 5 minutes?

Knowing which coins have grown more in the last hour or last day does not help much...(many times those altcoins had a great pump but then they are in a sideways market or I do not see enough reasons to make the trading entry at the moment I start to trade....

Any other strategy or platform to know the best altcoins for scalping at a given time?

It would be nice a section in this forum to discuss the best altcoins for scalping/trading at a given time ... for example today August 19 from 16.30 London time SUI has been a very good option for scalping/trading with a Risk / Profit Ratio of about 10 to 1
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August 19, 2023, 09:04:17 PM
 #2

Is there a platform that tells you which coins have grown the most in the last 5 minutes?

Knowing which coins have grown more in the last hour or last day does not help much...(many times those altcoins had a great pump but then they are in a sideways market or I do not see enough reasons to make the trading entry at the moment I start to trade....

Hmm, buddy, I think you are probably asking about the newly listed coins because, on the top trackers, most such coins are not available because on these trackers, there is a complete process in which the team has to list their project by fulfilling a few requirements, But you can visit the top known gainers on the Coinmarketcap, and TOp losses as well. On the same time you can visit multiple tarckers to obtain a wider range of results because as I said every tracking platform have some policies to list the project.

Loss & Gains in the 24 hours can be easily obtained by visiting a few platforms but when you are looking for the top gainers and losses in your desired timeframe here things are not that easy, MEXC is one of those exchanges list new projects regularly you can also look there for pump and dump trades, most of the meme coins are listed there.

Please explain the term given time.... Also Wy London time SUI... cant understand what are you trying to ask or explain.

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August 19, 2023, 10:59:44 PM
 #3

Is there a platform that tells you which coins have grown the most in the last 5 minutes?

Knowing which coins have grown more in the last hour or last day does not help much...(many times those altcoins had a great pump but then they are in a sideways market or I do not see enough reasons to make the trading entry at the moment I start to trade....

Any other strategy or platform to know the best altcoins for scalping at a given time?

It would be nice a section in this forum to discuss the best altcoins for scalping/trading at a given time ... for example today August 19 from 16.30 London time SUI has been a very good option for scalping/trading with a Risk / Profit Ratio of about 10 to 1


I think Dex Screener is probably going to be a tool you will need. Even if its not, it should come in handy for you. Since we're still in the bear market, most large - mid caps barely do any quick moves enough for a clean scalp so you might one to look at those ultra low-cap altcoins. If you know what you're doing, you should be able to milk as much as possible since you'll only do quick trades on them. Its worth noting that this category of crypto assets comes with additional risks as their prices are very volatile on either sides.

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August 19, 2023, 11:29:15 PM
 #4

Is there a platform that tells you which coins have grown the most in the last 5 minutes?
Try your luck with this tools
1. https://cryptoalerts.ai
2. https://quantifycrypto.com/coin-screener

There could probably be more

Quote
Any other strategy or platform to know the best altcoins for scalping at a given time?
I doubt if there is any. The crypto market especially the altcoin market is very unpredictable and easily manipulated

Quote
It would be nice a section in this forum to discuss the best altcoins for scalping/trading at a given time ... for example today August 19 from 16.30 London time SUI has been a very good option for scalping/trading with a Risk / Profit Ratio of about 10 to 1
You only know it was a good time when you look at the chart history, but you can't predict if SUI can pull off the same tomorrow at the same time.

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August 20, 2023, 01:24:35 PM
 #5

Is there a platform that tells you which coins have grown the most in the last 5 minutes?
Try your luck with this tools
1. https://cryptoalerts.ai
2. https://quantifycrypto.com/coin-screener

There could probably be more
I can also recommend to use Coinmarketcap but the lowest timeframe is only 1hr. It's good platform for me to determine the most gainers because there are lot of coins or tokens in this site.

Quote
I doubt if there is any. The crypto market especially the altcoin market is very unpredictable and easily manipulated
I would suggest that if you want to scalp in crypto other than Bitcoin, choose only in the top 10 altcoins in the Coinmarketcap because these coins are very strong and has low volatility. I just want to say that Bitcoin is the best for scalping.

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August 20, 2023, 03:14:03 PM
 #6

Is there a platform that tells you which coins have grown the most in the last 5 minutes?
Binance, probably does it all, that kind of notification I see it a lot. platform in my local also do similar thing.

Any other strategy or platform to know the best altcoins for scalping at a given time?
In the crypto market, people implementing strategies in trading, whether it's for altcoins or Bitcoin, of course have their own references, be it commodities, securities or types of crypto/altcoins they want to trade.

But I haven't seen and found a crypto trading platform that leads to Scalping, what else leads to a form of manipulation of the crypto market or the creation of a bid-ask spread, as far as I know there is no notice or gap from the exchange owner.

R


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August 20, 2023, 03:50:01 PM
 #7

Is there a platform that tells you which coins have grown the most in the last 5 minutes?

Knowing which coins have grown more in the last hour or last day does not help much...(many times those altcoins had a great pump but then they are in a sideways market or I do not see enough reasons to make the trading entry at the moment I start to trade....

Any other strategy or platform to know the best altcoins for scalping at a given time?

It would be nice a section in this forum to discuss the best altcoins for scalping/trading at a given time ... for example today August 19 from 16.30 London time SUI has been a very good option for scalping/trading with a Risk / Profit Ratio of about 10 to 1


From my experience, alt coins have a high reward to risk ratio in the short term but a higher risk than reward ratio in the long term. So you might find day trading much more rewarding than holding. With Bitcoin it's the other way around. But then again it all depends on how good of a trader you are.

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August 20, 2023, 04:28:06 PM
 #8

Any other strategy or platform to know the best altcoins for scalping at a given time?

It would be nice a section in this forum to discuss the best altcoins for scalping/trading at a given time ... for example today August 19 from 16.30 London time SUI has been a very good option for scalping/trading with a Risk / Profit Ratio of about 10 to 1
It is better for your capital if you stop thinking about it.

They are pump and dump games and if you fall into pump & dump games of scam projects, you will be killed and lose all or most of capital. $SUI is a pump and dump but at least their projects won't die after one round of pump and dump. However if you need strong warning, you can see Terra, FTT and Solana tokens as well as more tokens which were considered very potential in 2021 to 2022 bull market.

In bear market, what we are in, pump and dump games are more easily to cause you losses.

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August 23, 2023, 01:39:35 PM
 #9

Is there a platform that tells you which coins have grown the most in the last 5 minutes?

Knowing which coins have grown more in the last hour or last day does not help much...(many times those altcoins had a great pump but then they are in a sideways market or I do not see enough reasons to make the trading entry at the moment I start to trade....

Any other strategy or platform to know the best altcoins for scalping at a given time?

It would be nice a section in this forum to discuss the best altcoins for scalping/trading at a given time ... for example today August 19 from 16.30 London time SUI has been a very good option for scalping/trading with a Risk / Profit Ratio of about 10 to 1


Coingecko will be a big help. It also has an integration of the fundamentals along with the projects and any coins. Not only the change in price,  there's also news, and crypto related updates. Well of course, the market cap of new coins will be lower compare to top 10 coins, that's why small movement of it will be a lot of returns compare to raw BTC.

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safar1980
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August 23, 2023, 02:02:19 PM
 #10

Is there a platform that tells you which coins have grown the most in the last 5 minutes?

Knowing which coins have grown more in the last hour or last day does not help much...(many times those altcoins had a great pump but then they are in a sideways market or I do not see enough reasons to make the trading entry at the moment I start to trade....

Any other strategy or platform to know the best altcoins for scalping at a given time?

It would be nice a section in this forum to discuss the best altcoins for scalping/trading at a given time ... for example today August 19 from 16.30 London time SUI has been a very good option for scalping/trading with a Risk / Profit Ratio of about 10 to 1

Scalping altcoins with low liquidity can be a risky trading strategy. While it may be tempting to take advantage of the price fluctuations of these coins, their low liquidity will prevent you from selling your coins at the desired price. In addition, low liquidity can lead to an increase in the spread between the bid and ask price, which will increase trading costs. Usually, traders are engaged in scalping on coins with good liquidity.

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August 23, 2023, 06:38:24 PM
 #11

You could check tradingview, but it will not give all in 5 minutes. I think the best chance you have is the last 1 hour, that is available everywhere, even in cmc you could see it happen and in the last 1 hour you are going to see some of them grow a lot. Yes the 5 minute logic could work, something that went up highest for the last 5 minutes, may continue to go up more and you will be able to get in and get out before anyone else that way to make a profit.

But also you should remember that buying something just because of hype means that you could be buying a pump and you would be left with the dump as well and you would be losing a lot of money. You should be careful about it and not risk too much of your money to it.

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