What Coin is Best for short term speculation

[Wiwo]

The recent events in the market have prompted my attention to some of the altcoins that have performed alongside Bitcoin,  such as Ethereum and some other me coins that gave their investors some level of profits within the short term that Bitcoin took a dramatic shift in price from 25k to around 30k which is a significant good amount and that will promote some desire to invest in some other altcoins that followed the trend giving their holder some level of profits in the short term.

This situation pushed me to ask this simple question.

What altcoin is the best for short-term speculation,  some of my friends offline have speculated people but then I don't have much faith in meme coins.

[wxa7115]

The recent events in the market have prompted my attention to some of the altcoins that have performed alongside Bitcoin,  such as Ethereum and some other me coins that gave their investors some level of profits within the short term that Bitcoin took a dramatic shift in price from 25k to around 30k which is a significant good amount and that will promote some desire to invest in some other altcoins that followed the trend giving their holder some level of profits in the short term.

This situation pushed me to ask this simple question.

What altcoin is the best for short-term speculation,  some of my friends offline have speculated people but then I don't have much faith in meme coins.

If what you are looking for are short term profits then you need to look at the volatility of your favorite coins and pick the one that shows the highest level of volatility you can find.

And this can be done by using some of the indicators which have been created for this express purpose, however it is important to mention that doing such a thing will increase the risk you are incurring in a dramatic way and you should find a way to counter this tendency, since if you were to fail at achieving this goal the volatility could end up playing against you.

[Wiwo]

If what you are looking for are short term profits then you need to look at the volatility of your favorite coins and pick the one that shows the highest level of volatility you can find.

And this can be done by using some of the indicators which have been created for this express purpose, however it is important to mention that doing such a thing will increase the risk you are incurring in a dramatic way and you should find a way to counter this tendency, since if you were to fail at achieving this goal the volatility could end up playing against you.

You are right,  be for choosing any coin and expert short term reaction in market then it must be a highly volatile and risky of the coin you want to go for,  and most times,  this method is mostly favorable for those who just want to gamble with altcoin and will only choose those coin that can easily be pumped and dumped,  so one need to be actively smart enough to be able to take out the profits,  regardless of how much uptrend direction the team promised investors.

But still on still we have to limit our level of involvement and how much we risk on such coins since we are just speculating the short term ability and don't take it long term risk and potentials into account.

[bluebit25]

I'm not sure which one will be the best but I think in the short term we can easily see altcoin growth, I think there will be a lot of names like ETH, BNB, XRP, LTC,DOT, LINK, .. will all receive a pump.
But obviously we all understand the volatility of this market, and everything should be balanced between risk and reward. Although recently I have always encouraged the accumulation of BTC, but this topic is about short-term altcoin content so I recommend that everyone calculate carefully before making a decision.

[dbshck]

For short-term speculation, I'd suggest keeping an eye on what's trending now. Over the recent weeks, several major coins have shown remarkable momentum.

Solana and Chainlink are the two examples. They have shown great price action in the past week, their bottoms are probably in already and they might keep going up until they hit the next big resistance. Be careful though if you want to get in now as the first leg up has already happened. But still, I'd look for dips to increase allocation on these.

As for meme coins, I've mostly stayed away from them. The risks and the gas fees (for those on Ethereum) aren't compatible with my style.

[Reatim]

I'm not sure which one will be the best but I think in the short term we can easily see altcoin growth, I think there will be a lot of names like ETH, BNB, XRP, LTC,DOT, LINK, .. will all receive a pump.
But obviously we all understand the volatility of this market, and everything should be balanced between risk and reward. Although recently I have always encouraged the accumulation of BTC, but this topic is about short-term altcoin content so I recommend that everyone calculate carefully before making a decision.

Binance and Ethereum is my priority but not for short term instead to semi long term , like what I was waiting for  the halving followed by bull market.
also Ripple is something that I have but only small amount because of what happened to them from SEC .
though the majority of my funds lies on Bitcoin , this is not for short term but Have proven to be safe and better .

[Wiwo]

I'm not sure which one will be the best but I think in the short term we can easily see altcoin growth, I think there will be a lot of names like ETH, BNB, XRP, LTC,DOT, LINK, .. will all receive a pump.
But obviously we all understand the volatility of this market, and everything should be balanced between risk and reward. Although recently I have always encouraged the accumulation of BTC, but this topic is about short-term altcoin content so I recommend that everyone calculate carefully before making a decision.

Binance and Ethereum is my priority but not for short term instead to semi long term , like what I was waiting for  the halving followed by bull market.
also Ripple is something that I have but only small amount because of what happened to them from SEC .
though the majority of my funds lies on Bitcoin , this is not for short term but Have proven to be safe and better.

My best choices also most especially BNB since Ethereum seems to be relatively stable and always follows in the direction of Bitcoin market,  I also expected you guys to speculate names of coins like PEPE which have done some significant price movement and most importantly what it takes to arrive at another pump.

This is not an investment advice any ways,  but then,  we have to pay close attentions to some of those coins that are in the meme category since the aim is on the short-term basis.

[Dunamisx]

What altcoin is the best for short-term speculation,  some of my friends offline have speculated people but then I don't have much faith in meme coins.

If i may go by in giving you my recommendation here, you can choose ethereum, doge, litecoin, these are the three altcoins i know has a better future prospect on investment if you can hodl, there are a number of digital altcoins recently introduced as well but i cannot take the risk in those currencies for an investment because we don't know what may come after their speedy performance within a little time unlike those that have been consistent despite market challenges.

[tokeweed]

For really short term speculation, it's gonna be the newly listed memecoins listed in Uniswap.  That's if you know what you're doing, you don't get your money trapped in honey pots and dodge the rugs.  I've seen some guys make make a good clip out of it.

And come to think of it, there are the newer but more established memecoins out there that seem to have a good following and doesn't seem go away for the time being.  Check out SPX, CAL, MOG, ticker $BITCOIN in Ethereum, AIDOGE and POGAI in Arbitrum, TOSHI and MOCHI in Base.

NFA.

Another thing I'm looking into for short term trading are sports fans tokens. 

[TakeItEasy]

The recent events in the market have prompted my attention to some of the altcoins that have performed alongside Bitcoin,  such as Ethereum and some other me coins that gave their investors some level of profits within the short term that Bitcoin took a dramatic shift in price from 25k to around 30k which is a significant good amount and that will promote some desire to invest in some other altcoins that followed the trend giving their holder some level of profits in the short term.

This situation pushed me to ask this simple question.

What altcoin is the best for short-term speculation,  some of my friends offline have speculated people but then I don't have much faith in meme coins.

BNB would be a better choice for short-term trading as its price nowadays is not too high. I'm also doing trading in BNB as day trading because holding it is also better, you can hold it for a long term. I think it is the coin that is better for day trade and also if someone wants a big profit he can hold it for the long term.
As we know its price is swinging very quickly as we have seen too many times, the only quick I have seen so far is that we have seen its price daily change very quickly. Similarly, there is another option for you is Ethereum, should also invest in it for day trade and quick trade which will be also profitable. As the market is quite good now, I think both of these coins would be better to invest unless it is too late. Now is a chance for a better investment plan regarding these coins.

[bluebit25]

(...)I also expected you guys to speculate names of coins like PEPE which have done some significant price movement and most importantly what it takes to arrive at another pump.

Honestly, I'm not one to speculate and look for opportunities with fluctuating hype trends. But of course some lowcap terms, gems,... will appear more in the near future, and there will be new names that will make the FOMO community crazy.
Previously, I thought about some meme names that hadn't appeared yet but when I searched for them, they had already been created , though some areas of ecosystem infrastructure and surrounding utilities will always be available. These are things that developers exploit at each bullrun stage, so after doing some searches, I boldly mentioned some names like friend tech, memeland,... but most of them are just short projects and if the opportunity is seized, I think some projects will bring big profits.

[tokeweed]

(...)I also expected you guys to speculate names of coins like PEPE which have done some significant price movement and most importantly what it takes to arrive at another pump.

Honestly, I'm not one to speculate and look for opportunities with fluctuating hype trends. But of course some lowcap terms, gems,... will appear more in the near future, and there will be new names that will make the FOMO community crazy.
Previously, I thought about some meme names that hadn't appeared yet but when I searched for them, they had already been created , though some areas of ecosystem infrastructure and surrounding utilities will always be available. These are things that developers exploit at each bullrun stage, so after doing some searches, I boldly mentioned some names like friend tech, memeland,... but most of them are just short projects and if the opportunity is seized, I think some projects will bring big profits.

With the current run up, I think Friend Tech will start saturating as the degens would rather trade perps and alts than buy FT keys...  And if so then the FT guys will start dumping their keys to get some ETH to trade perps and alts as it's where the action is.

Another thing that could happen is after the run up on BTC and alts get saturated, it could happen like the last time and a lot of the money went in NFTs.  Better start window shopping if you missed getting in the alts.

[fmz89]

For short term, meme is the best one, move fast, capturing profit and move to other reputable coin, or just go with btc until settle, trade alt with btc pair in bullrun to maximize profit, and trade with stable coin when downturn

[kevindjunaidi]

Binance is the best coin for the short term, especially if you hold it for the long term, because in my opinion the price of Binance will increase if there is a launchpad, therefore if you invest in Binance, then you can get profits quickly if Binance releases a new launchpad, because the price will definitely increase and give you a lot of profit, therefore I recommend you to invest in Binance for the short term or you can invest for the long term too.

[Wiwo]

Binance is the best coin for the short term, especially if you hold it for the long term, because in my opinion, the price of Binance will increase if there is a launchpad, therefore if you invest in Binance, then you can get profits quickly if Binance releases a new launchpad, because the price will increase and give you a lot of profit, therefore I recommend you to invest in Binance for the short term or you can invest for the long term too.

I could have considered BNB at some point,  but then I have realized that most of the already established coins most especially those that are liquidity providers like BNB will not give that 10x that a single meme coin if pumped can give you that even more.

So for that, I believe holding such a coin for the long term is no different from holding a stablecoin since its volatility rate is very low and the possibility of a big market Lumb depends on Bitcoin.

[barhavsky]

I think EGLD, because currently EGLD is popular, so in the near future the price of EGLD will increase very high, so I am sure that by investing in EGLD right now, so you will get a big profits, therefore I recommend you to investing in EGLD as a short-term investment, because it is very easy for the price of EGLD to increase more than 2x from the current price and enter the top 10 on coinmarketcap.

[Sebas.tian]

What altcoin is the best for short-term speculation,  some of my friends offline have speculated people but then I don't have much faith in meme coins.

I think, Binance and Solana are in the best position to help short term investors to achieve income from their altcoins investment because Binance and Solana don't use to take a long time like the way some new altcoins in the market used to take a long time before the price will increase for short term investors to make income. Now that there is a massive moved of Bitcoin few days ago that gave many altcoins price to start displaying green light to alert short term and long term investors to get set for the massive bullish that is going to take place soon, and it will help short term investors to make a good income. Since many altcoins holders has shared their testimony about the huge amount of income they made from all those altcoins that gave plenty investors to increase their capital on Binance and Solana.

[bluebit25]

With the current run up, I think Friend Tech will start saturating as the degens would rather trade perps and alts than buy FT keys...  And if so then the FT guys will start dumping their keys to get some ETH to trade perps and alts as it's where the action is.

I don't remember exactly, but Base will probably launch their token in 2024, and prominent names in the ecosystem like Friend Tech have been quite attractive recently, but the socialfi trend is quite hyped though. I still understand that they have potential, but initially it's just hype. It's been a few weeks since I last visited Friend Tech, and I was actually quite surprised with the interface changes as well as seeing a lot of exciting activity on it, but besides buying the KEY, perhaps need more time for them to upgrade the product.

Another thing that could happen is after the run up on BTC and alts get saturated, it could happen like the last time and a lot of the money went in NFTs.  Better start window shopping if you missed getting in the alts.

I hear a lot about this too, but some of the categories I'm looking at in terms of L1, NFTs, P2E, and even memecoins are all responding quite well to the bitcoin movement. Maybe in a short time we will witness some FOMO about a name, the positive signals are gradually increasing and erasing everyone's doubts.

[GreatArkansas]

Try layer-2 network tokens, especially new ones. Because just in case we are in a bull run again, we will see a huge increase in the market cap of Decentralized Finance (DeFi) while the majority will benefit from it will Ethereum, and second is for sure layer-2 networks as they will become alternative for Ethereum.

[TakeItEasy]

If what you are looking for are short term profits then you need to look at the volatility of your favorite coins and pick the one that shows the highest level of volatility you can find.

And this can be done by using some of the indicators which have been created for this express purpose, however it is important to mention that doing such a thing will increase the risk you are incurring in a dramatic way and you should find a way to counter this tendency, since if you were to fail at achieving this goal the volatility could end up playing against you.

It will be at greater risk also, a trader should take each step very carefully. I mean if it is more volatile how could be better if it fails suddenly, we can say it is crypto but we should already have some precautions for it through which we could take a step forward. The main thing a person should do is he has to look at the coins which didn't have more changes in them. For example, if it is changing its price faster I know it will give him more profit in the day trading but if he goes to loss then also it will give him a sudden loss which will be not a good idea I think in this case. For sure, coins in the market are more volatile in between some of them but there are also some good plans to buy them before they change their nature.

As indicators would be a better choice to take control over the prices I mean to get possible notifications about these coins from time to time and then take a step forward for better investment.