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Author Topic: What Coin is Best for short term speculation  (Read 554 times)
dunfida
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November 21, 2023, 06:46:27 PM
 #41

I think it is very difficult to determine the best coin to invest in in the short term, but I recommend meme coins such as SHIBA INU and DOGE coin as alternative short-term investments, because these two memecoins have quite large popularity and are of course very popular with investors.
Meme coins that have been through the hype once wouldn't have the same growth potential again, so you shouldn't invest in meme coins thinking that you may gain the same amount of profits that early investors of these coins did when they were being hyped by the community, and apart from hype, there is nothing else that can make a meme coin gain value because they don't have any quality that can make then gain organic growth, so they shouldn't be recommended investments, even for the short-term.

It's much better if an investor finds coins and tokens that are established or even new but have organic growth potential because they are genuine and good projects backing those coins and not just a couple of creators with anonymous identities that people don't even know the names of or where they come from.
Or simply into those meme coins that already had reached out their ATH on which i dont see for it to be worth that you would really be that investing again into it but it isnt really that bad to consider
when you do see that it is already on its all time low and you've still seen someone whose really that holding or bagging with these coins on which they are really that believing that it do still
have that one shot to the moon without even trying out to realize that it is long time gone not unless if the team does really shows progress or continous development towards their project or coin.
It is really not that safe to say though about having that kind of probability on having that huge next jump considering that everything would really be that depending or basing up
with the demand.

You cant really that make yourself give out that kind of assurance but well there are people who are really that trusting up a certain project or coin
despite with those market conditions or whatever fundamentals that it do have behind.

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November 22, 2023, 03:22:42 AM
 #42

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.
For meme coin like PEPE, I have probably answered similar posts many times, for me this meme coin only lasts for a short time and if the price falls very far. This coin only relies on hype from figures who have influence in the world, for example Elon Musk, hype from influencers, the more news spreads about this coin, the more the price goes up, that's what I think. I was not surprised by that because previously I had heard the issue of BTC increasing too. BTC prices of 25k to around 30k, I think last year the phase was also very different in price alone. The point is that prices rose slowly in August and now above 30k. In essence, the price of BTC rose in phase 4.

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November 22, 2023, 05:36:33 AM
 #43

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.
if bnb is for short term speculation then why you again suggested to hold for the long term, isn't that going to be contradictory?
i am recommend small altcoins in short term trade, i did not see such good action from bnb even in the green altcoins market,
i show some an example you can check sol,matic,doge,ton these are going massive.

I often pay attention to the price conditions for BNB when the price is just here and there suddenly there is an increase apparently there is a new launchpad being held. It is true that the new launchpad has great potential and can be a reference for increasing profits at BNB.

Regarding short term trading, for example in soles, it is currently quite tried and true. Today. see sol at $54.37 and still doing well after issues from the Binance platform

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November 22, 2023, 12:40:17 PM
 #44

Here's another coin that could be a nice hold short term:  WEB.  Grin

It's another one of those memecoins that's playing around the Elon Meta.  It's based on another AI project by Elon Musk.  The other one is called Grok, hence a memecoin called GROK was made and mooned more than 50x since listing.  WEB might be the next one in line to moon.  Bottom's already in tho, but as a momentum play, it still looks good.

Check out the 4h chart.  It's breaking out for sure.

R


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November 22, 2023, 11:16:02 PM
 #45

My point is, short-term investing does not meet current market trends and conditions. Therefore, finding short-term, high-profit investment options is extremely difficult. I'm aiming mostly for mid or long term, SOL, TON, ETH, BNB are my stack

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November 26, 2023, 03:04:57 AM
 #46

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
can you name one for the time being ? because its easy to say what kind of coin but the specification is the issue.

e.g. Dogecoin  is one Meme coin that have proven its capacity to be Pump and Dump coin but have stayed here long time now meaning? you can rely if willing to take long.

I think it is very difficult to determine the best coin to invest in in the short term, but I recommend meme coins such as SHIBA INU and DOGE coin as alternative short-term investments, because these two memecoins have quite large popularity and are of course very popular with investors.
so Another Meme coin fan? really SHIB ? what comes from Shiba Inu that made you full support? are you truly investing on this
or just shilling?

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November 26, 2023, 05:11:22 AM
 #47

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.
I don’t think Ethereum is the short term investment, it was stable for the long term, when recently BTC is crossed 37k$ then ETH is also hit 2k$ otherwise i didn’t see any good movement in ETH, so i can't be considering it’s a short term speculation. Same opinion about BNB, it’s gradually dumping and specially after SEC charged it’s always going downtrend.

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November 26, 2023, 10:48:24 AM
 #48

for short-term speculation, a good option for me is LTC and Matic, they are quite simple and predictable and adapt well to market situations. For many years I have always worked with these two options and have no regrets. Several of my friends also prefer these assets as well.

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November 27, 2023, 07:39:38 PM
 #49


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.

Have you checked on dogecoin? Somehow I feel that the coin might have a good ride with the bitcoin bull. Last time it had a good run with bitcoin and propably it will repeat it again. To buy dogecoin this time around is also a good investment, it is a short time investment within one year after halving. Dogecoin has had a little increase from last two months jumping from 0.05 to current price at 0.07.

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November 28, 2023, 04:46:23 AM
Last edit: November 28, 2023, 05:05:18 AM by rodskee
 #50



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.

I myself have no faith in meme coins because I have seen the Ups and Downs of those coins in
 pandemic season and Yes it is not that safe to trust or else you must know what a roller coaster means in
investing market. how many times that users fails while only few have made their earning greater.

I would  rather by High value coins like Binance Coin or Ethereum than trusting Memecoins.
also your friends have their own faith and yours are different ,so act accordingly depend on your outlook to
what coins you are going to invest.

or if you still have big capital , then why not include more on bitcoin? though you are asking
for short term yet Semi long term is still the better way to treat crypto investments or best to be ready
if what will come your way , remember also that there are side ways in this market things that will hurt us
if we are not ready when it will happen,better to be ready than to be trapped forever in shitcoins and meme coins.
For short term speculations, you should go with those that has a lot of volume. Because if you're going to do the strategy of others of hunting potential altcoins that haven't pumped yet, it may take you a while. Whilst for doing such trade with high volume coins or tokens, you won't need any waiting game for them. I'd always advise to go with Ethereum, no doubt whether you're going to be long on it or short, you've got no problems with it as it's flexible as usual.
or maybe those Pump and dump coins? that will bring Him instant profit and soon making money(if chooses the best coin of course)

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November 28, 2023, 05:07:24 AM
 #51

Quote from: Wiwo
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.

I think, XRP and Solana are the best altcoins to invest now and have some benefits to embrace when the market price change positively in the future. If you look very well, you will see that those two altcoins stand in a good position to make their investors wealthy, if they can hurry up to be part of this opportunity that is on ground in this month of November because their price will definitely increase higher before the end of next year to cause their investors to achieve passive income from their investment. I will advice you to invest on this two altcoins in this bearish season, and you will not regret in your decision in the future because their teams are potential team that fight for the progress of their investors.

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November 28, 2023, 05:15:04 AM
 #52

It depends on what kind of best. If it is about multiplying your investment to the highest level then it certainly belongs to the riskiest coins out there, probably meme coins, new coins, or low-valued projects. In terms of stability, the best coins are obviously bitcoin and then followed by ethereum.

Right now my portfolio is still heavily into bitcoin at around 70%, ethereum at 15%, and the rest are doge, link, sys, gala. I'm also planning to take once again some risk on new coins but I'll do it next year which is the halving year where the market is expected bullish.

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November 28, 2023, 08:42:53 AM
 #53

for short-term speculation, a good option for me is LTC and Matic, they are quite simple and predictable and adapt well to market situations. For many years I have always worked with these two options and have no regrets. Several of my friends also prefer these assets as well.
Well Polygon seems to be sleeping till now and a chance of blowing up is there , but Litecoin ? isn't LTC have stopped increasing for years? while there are several forks happened yet still stagnant to its value.
so what is the sense of investing and holding this? aren't we diversifying for more suitable and safer altcoins?

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November 28, 2023, 09:04:41 AM
 #54

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.

I agree with you, because the Layer 2 project is one of the projects that is popular and many people are interested, so by investing in the Layer 2 project, there is a possibility that we will get a lot of profit when a bull run occurs and the Layer 2 project that I recommend is Bitrock, because Bitrock is a Layer 2 project that is still new and has the potential to become a popular project in the future, so we can get a lot of profit from investing in Bitrock at this time.

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November 30, 2023, 08:18:28 PM
 #55

I will be never consider investing as short term and the best way to get profit from crypto in short term is trading which takes time and money to learn. But it is possible to get small profit from short time investment but very few numbers will be like that. Most of the tokens will be dumped after purchase and then you will have to wait for days to sell. But there are other businesses in personal life where short time profits are available.

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November 30, 2023, 08:55:00 PM
 #56

I will be never consider investing as short term and the best way to get profit from crypto in short term is trading which takes time and money to learn. But it is possible to get small profit from short time investment but very few numbers will be like that. Most of the tokens will be dumped after purchase and then you will have to wait for days to sell. But there are other businesses in personal life where short time profits are available.

The day traders only look for the short term profit,their target will be just one day.The coin price will be fluctuated in a same day even in the bear market.So the day traders will check the market fluctuations for the margin profit.The current bull market to help with some margin profit,So it’s better to choose the good project like Ethereum,Ripple,ADA,Matic and bitcoin will be considered as good coin for both short as well as long term profit.The trading person should do the self evaluation for the more profit.



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December 01, 2023, 12:55:09 PM
 #57

Aaand 9 days later it's not playing out as good as I anticipated with WEB.  Cheesy Cheesy Cheesy  GROK went up on high volume sucking liquidity away from most memecoins then when it trend started to falter, it just gave an opportunity for another memecoin to suck remaining liquidity away again.  And this time it's another token that's playing with the 'Elon Meta' with the ticker GFY which stands for Go Fuck Yourself.  Lmao.

If you guys didn't know, Elon Musk told Bob Iger to go fk himself when he was interviewed...  Hence a new memecoin was born.  Nice.  :/

R


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