JeffBrad12
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November 12, 2023, 12:03:41 AM |
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I would suggest to trade only those coins which are listed in popular exchanges. Atleast trade those coins which are listed in coinmarket, but if you greed for more and go for coins with low popularity, then there will be huge chances that you will make loss from it. I am not referring to a particular coin, but yes this happens most of the time. I uses almost all the popular exchanges, but unable to find the coin that you have mentioned in the OP.
the loss would be instead from high chance of manipulation, an individual who invests in these low cap altcoin don't just expect to make millions out of it but instead just expect to have their money lost because the liquidity is so small and insignificant that a little bit of dumping already such a massive disruption towards the price and added with the fact that some coin might get rugpulled. just settle with whatever the top 200 coins give you honestly, if you want to trade low cap altcoin be sure its at least around 100 to 200 ranked coin otherwise too much risk involved its like investing into shitcoin, we know more tahn 90% of altcoin will be outright failing, so we can roughly guess that we only have 1/10 chance of successing in our investment, this obviously means we just gonna lose money.
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SOKO-DEKE
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November 12, 2023, 02:10:16 PM |
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Why deal with the small projects that are not even listed in good exchanges?
It is never a good idea to invest in a small project that is not listed in exchanges, but some people are doing it because of high expectations of profits they have. They mostly believe that when they buy those token that are not yet listed, it will happen that when they are listed and gain more recognition, they will make more money, but no knowing that it involves higher risks because of the project, it may never be listed in any exchanges. Some of the projects were just created to scam people, and if someone is not careful, they will just be avictim. If you can’t find any and that token is not even listed on Coinmarketcap then better to forget it and just look for the best altcoins that are available in good exchange don’t just waste your time there and don’t be a victim of a scam project
That is a fact, but some people will hardly listen to the advice. This makes me remember one of my friends who was just new in the crypto space and told me to go ahead and buy some tokens that were not yet listed in any exchange because he saw that one of his friends had a token when they paid him in an airdrop, and the token was pumping at that time. It was not really funny for him because he invested what he could not afford to lose because he wanted to be rich and quickly thought that what he planned would work out. But seriously, he loses over 90% of the money he invested in the project after a week, and since that happens, I don't think the token will rise even a little again. So it is very risky to buy a token that is not listed; it is a very high risk of gambling.
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michellee
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November 12, 2023, 04:11:41 PM |
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Just forget it @OP. Many other coins are more promising and can provide greater profits than that coin. Usually, people get those coins from Telegram. They said they would pump the coins they shared on the channel and hoped that many people would start buying them. And the pump came.
He should look for other coins from big exchanges such as Binance, KuCoin, Bybit or others. At least, he could have a chance to earn potential coins so he could make a profit. But everything will come back to his ability to analyze the coins.
At times like this, they have to be more careful about the suggestions to buy coins that they get from the sites out there. They will all say that this coin has potential but you still have to analyze it further. You have to look for hidden gems among the existing coins.
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lombok
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November 14, 2023, 08:55:51 AM |
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Just forget it @OP. Many other coins are more promising and can provide greater profits than that coin.
I am so surprised by people who like to look for low liquidity shitcoins, which are not available on big exchanges. Too waste of time and money, better invest time and money in top marketcap altcoins. Apart from wasting time, the potential for scams is also greater, because it is not included in any exchange. Where can there be a successful project without exchange support?
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Timmzzy
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SOL.BIOKRIPT.COM
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November 17, 2023, 06:50:24 AM |
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Hi, does anyone know where I can trade coins such as PLSX? I can not find it in Mexc (and it is one of the exchanges with more coins listed).
It seems I cant open an account with gate.io in my country
I understand that when trading with these coins you have to be careful because of the liquidity issue etc ... anyone with experience with trading these coins?
Your topic doesn't really match with what you are saying here buddy at least let's be more constructive on things you wanna say here because trust me OP am just confused on what I just read so far.
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eXtremal
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November 17, 2023, 08:07:58 AM |
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don't waste time on shitcoins. but if you have already done it and want to take it off, try going to pancakeswap or another DEX market. I think there you only need a contract address for your coin to get trading, usually the fees are high. Shitcoins are rarely found on CEX because of their low liquidity. but DEX is still widely found.
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lvsca
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November 17, 2023, 08:54:46 AM |
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I'm sure it will now hardly be found on the central exchange. try going to pancakeswap or some kind of decentralized exchange there you look for it by contract address if it's a token. I'm sure you will find it. or you can search for it on coinmarketcap or coingecko, there is even a permanent shitcoin list to get info on available exchanges.
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Frankolala
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November 17, 2023, 10:39:01 AM |
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That coin PLX, is of low market cap and it is very risky to buy such coin that is not listed in an exchange. Only that should let you know that the coin is worthless and can be used to scam investors of their money. You will end up wasting your time and money, if you buy it.
I will advice you just like other forum members did to stay away from altcoins because their risk is very high and a newbie like you will end up running at loss when you invest in them because you don't know how to go about trading on them. If you have an altcoin, it is better that you sell it and buy bitcoin, as bitcoin is worth investing on for a long term profit. The choice is your to make.
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Inwestour
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November 17, 2023, 10:50:54 AM |
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I am so surprised by people who like to look for low liquidity shitcoins, which are not available on big exchanges. Too waste of time and money, better invest time and money in top marketcap altcoins. Apart from wasting time, the potential for scams is also greater, because it is not included in any exchange. Where can there be a successful project without exchange support?
If this is a new project, then in a bear market you can buy such tokens, since they can have very good short-term pumps. They also have a chance of listing on a top exchange, but this also depends on many factors and the project needs to be monitored. But it is better, of course, to trade tokens with good liquidity, this is especially important for day trading, and small amounts should be allocated for trading low-liquidity tokens.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Subbir
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November 17, 2023, 11:41:28 AM |
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Hi, does anyone know where I can trade coins such as PLSX? I can not find it in Mexc (and it is one of the exchanges with more coins listed).
It seems I cant open an account with gate.io in my country
I understand that when trading with these coins you have to be careful because of the liquidity issue etc ... anyone with experience with trading these coins?
My first advice is not to invest in these types of coins or tokens. And most of the people face losses by doing them. But if you invest in coins or tokens that have been in the market for a long time, then the matter is different.
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dunfida
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November 17, 2023, 11:54:55 AM |
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Hi, does anyone know where I can trade coins such as PLSX? I can not find it in Mexc (and it is one of the exchanges with more coins listed).
It seems I cant open an account with gate.io in my country
I understand that when trading with these coins you have to be careful because of the liquidity issue etc ... anyone with experience with trading these coins?
My first advice is not to invest in these types of coins or tokens. And most of the people face losses by doing them. But if you invest in coins or tokens that have been in the market for a long time, then the matter is different. You cant stop people to make out those kind of steps.Why? they are really that hoping for some 1000x gem and this is through investing into low cap coins. Just like been said that it would really be that a hit or miss kind of investment which it is really that something that could be considered to be gambling i should say but somewhat if you do make out that dyor thing then you might have the chance but since this market cant really be predicted on what are the things that could happen then whether those good projects you had chosen would fly into the sky or would really be just easily rug pulled. For sure OP is aware or really that on the risks unless if he's a total noob then it is really just that a common newbie goal on hitting those multipliers of their investment or even into those old or veteran ones then who doesnt really like on hitting those 1000x gems? Just let them be on what are the things that they would gonna choose in talks about investment, they would really be soon realize on whats worth to invest for long term or whats not. If you do really want to have that less risk then top coins or even just simply putting on Bitcoin would be the best choice but if you could really be able to gamble with those low cap coins then its your choice. @OP, doesnt need to repeat on what those early posters been saying. The link given was indeed precise on where you could really be able to buy up these coins/tokens.
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Rehan Zakir
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November 17, 2023, 12:12:35 PM |
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Its a good idea my brother. Trade in small marketcap coins, the coins that have marketcap under 100$ Million. But the projects are very strong. So, it can give us massive profit in the bull run. Because it is easy for market makers to pump the coins that have low market cap. Such as ARC coin only have 35million capitalization. And its a very good project for long term investment
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lombok
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November 17, 2023, 12:47:03 PM |
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I am so surprised by people who like to look for low liquidity shitcoins, which are not available on big exchanges. Too waste of time and money, better invest time and money in top marketcap altcoins. Apart from wasting time, the potential for scams is also greater, because it is not included in any exchange. Where can there be a successful project without exchange support?
If this is a new project, then in a bear market you can buy such tokens, since they can have very good short-term pumps. They also have a chance of listing on a top exchange, but this also depends on many factors and the project needs to be monitored. But it is better, of course, to trade tokens with good liquidity, this is especially important for day trading, and small amounts should be allocated for trading low-liquidity tokens. When it comes to new projects, it is better to choose based on projects that collaborate with large exchanges such as Binance and other large exchanges. Of course, if we examine it further, many projects that collaborate with exchanges have bigger and more established pump opportunities. If dealing with low liquidity I tend to avoid it, because I realize that my research on low liquidity is very bad and I prefer not to take that risk.
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taufik123
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November 17, 2023, 03:11:11 PM |
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When it comes to new projects, it is better to choose based on projects that collaborate with large exchanges such as Binance and other large exchanges. Of course, if we examine it further, many projects that collaborate with exchanges have bigger and more established pump opportunities. If dealing with low liquidity I tend to avoid it, because I realize that my research on low liquidity is very bad and I prefer not to take that risk.
After all, as long as there are altcoins with high liquidity, why choose altcoins with low liquidity? Many altcoins listed on Binance or other large exchanges are delisted due to low liquidity and no significant trading performance anymore. Altcoins that were initially hyped when they entered major exchanges will not necessarily survive. It's better to look for altcoins that are really safe to trade, than to be trapped in altcoins that have poor performance with low liquidity and no development.
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MIner1448
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November 17, 2023, 06:36:12 PM |
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If PLSX is not found on Mexican exchanges and registration on Gate.io is not possible, I recommend looking at international exchanges or using decentralized platforms such as Uniswap. Be careful due to low liquidity and be aware of the risks when choosing an exchange.
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2girls
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Tontogether | Save Smart & Win Big
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November 17, 2023, 06:46:48 PM |
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Hi, does anyone know where I can trade coins such as PLSX? I can not find it in Mexc (and it is one of the exchanges with more coins listed).
It seems I cant open an account with gate.io in my country
I understand that when trading with these coins you have to be careful because of the liquidity issue etc ... anyone with experience with trading these coins?
These are not good coins at all. Why are you investing your money in this type of coins? Go to Binance and only invest in those which you had already analyzed and you think that will make you rich one day. Just invest in them and wait for the right time. Also as altcoins now mostly people avoid and they are going to the big coins if they really in search of them it may be better for them in the future as the market has some level now in a sense.
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lombok
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November 18, 2023, 02:50:34 AM |
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When it comes to new projects, it is better to choose based on projects that collaborate with large exchanges such as Binance and other large exchanges. Of course, if we examine it further, many projects that collaborate with exchanges have bigger and more established pump opportunities. If dealing with low liquidity I tend to avoid it, because I realize that my research on low liquidity is very bad and I prefer not to take that risk.
After all, as long as there are altcoins with high liquidity, why choose altcoins with low liquidity? Many altcoins listed on Binance or other large exchanges are delisted due to low liquidity and no significant trading performance anymore. Altcoins that were initially hyped when they entered major exchanges will not necessarily survive. It's better to look for altcoins that are really safe to trade, than to be trapped in altcoins that have poor performance with low liquidity and no development. This is my biggest reason to stay away from low liquidity altcoins, apart from being prone to being delisted. Low liquidity altcoins with low development are prone to scams or prone to bankruptcy. It is possible that if we buy with the intention that in a few days, weeks, months or even years there will be an increase, the opposite will happen. The possibility is small if the coin pumps maybe only 5%, the remaining 95% has the potential to be lost. If we are serious about investing, choosing altcoins well in any aspect is very important. Because for me every small profit and loss is time worth paying, even if it is $0.1
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taufik123
Legendary
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Activity: 2632
Merit: 1806
Rollbit.com | Crypto Futures
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November 18, 2023, 03:38:28 AM |
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-snip- It is possible that if we buy with the intention that in a few days, weeks, months or even years there will be an increase, the opposite will happen. The possibility is small if the coin pumps maybe only 5%, the remaining 95% has the potential to be lost. If we are serious about investing, choosing altcoins well in any aspect is very important. Because for me every small profit and loss is time worth paying, even if it is $0.1
Buying on altcoins that are not clear enough will have a small possibility of being able to pump again. The first pump is Hyped made and those who enter early will exit with more profit. We can see how memecoin projects continue to emerge by starting at Thousands of marketcaps to reach Millions of marketcaps in a matter of days. But you have to be careful it will be Rugpull in an instant. Many get rich suddenly because of Memecoin or hyped coins, but also more people lose and fall into poverty because of damn coins. As buyers, we must be wise and have fund management, on how much to spend on this altcoin or shitcoin.
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lombok
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November 18, 2023, 04:32:47 AM |
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-snip- It is possible that if we buy with the intention that in a few days, weeks, months or even years there will be an increase, the opposite will happen. The possibility is small if the coin pumps maybe only 5%, the remaining 95% has the potential to be lost. If we are serious about investing, choosing altcoins well in any aspect is very important. Because for me every small profit and loss is time worth paying, even if it is $0.1
Buying on altcoins that are not clear enough will have a small possibility of being able to pump again. The first pump is Hyped made and those who enter early will exit with more profit. We can see how memecoin projects continue to emerge by starting at Thousands of marketcaps to reach Millions of marketcaps in a matter of days. But you have to be careful it will be Rugpull in an instant. Many get rich suddenly because of Memecoin or hyped coins, but also more people lose and fall into poverty because of damn coins. As buyers, we must be wise and have fund management, on how much to spend on this altcoin or shitcoin. Correct. This may be a special concern or consideration when having funds and allocating them to altcoin investments to avoid large losses. Hype coins are tempting, but the risks are also very big. It is better to invest with a small profit but the risk is also low, but you need to be reminded that altcoin investment is a high risk investment.
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doomloop
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November 18, 2023, 04:51:59 AM |
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Just forget it @OP. Many other coins are more promising and can provide greater profits than that coin.
I am so surprised by people who like to look for low liquidity shitcoins, which are not available on big exchanges. Too waste of time and money, better invest time and money in top marketcap altcoins. Apart from wasting time, the potential for scams is also greater, because it is not included in any exchange. Where can there be a successful project without exchange support? It's a common misconception among investors, mainly new investors, that projects or coins with a low market cap tend to have the potential to provide their investors with higher profits which is not true because a coin that has a low market cap means that it doesn't have a high price and that indicates that there aren't a lot of people interested in that coin or the project it comes from, because if that wasn't the case, the coin would have gotten some value. Another reason for such coins to have low values is that they have very high total supplies which makes it impossible for them to gain substantial value and both of these things don't indicate anything good in a coin. A coin with a very high supply will barely be able to gain high value and provide good returns even if there are investors interested in it.
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