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Author Topic: Short Term Trading Altcoins and Meme Coins?  (Read 1211 times)
enwi
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May 24, 2024, 11:20:08 PM
 #121

Memecoin like as Shiba, Doge, and PEPE are altcoins that are very suitable for short-term trading, their very fast price movements provide a lot of profit for us as daily traders. We just need to read the situation and remain confident. Also make sure we don't make decisions too quickly and when we are trapped at high prices, keep saving assets and wait until the price rises again. What is certain is that daily trading will not always make a profit. There are times when we will be trapped at high prices.
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May 27, 2024, 12:19:07 PM
 #122

Anyone here who trade altcoins and especially memecoins and give insight on this?  Also it's hard to 5x even with altcoins now right?  But memecoins it isn't?  Just the risk is much higher?  Now if you could buy 5 memecoins and one of them 10x and the other ones go to zero... then you profit right?  Also do all memecoins and altcoins go to 0?  Or it's always like $0.01 or $0.0000001?

It depends on the altcoins or meme coins that you hold. That's why if you are a long-term holder who is an investor, you should really know how to analyze potential cryptos in this business industry. You must really be a crypto hunter, whether it is altcoins or meme coins. 

If only we knew what was going on, we would surely get rich in cryptocurrency, and there are many such things in this field. Specifically in meme coins. If you are wrong about an altcoin or meme coin, it is possible that your holding assets will drop to zero.

You need that skills that will allow you to anticipate though it's not an eay task as we really don't know what will be the future of our hold assets, we are just believing from how we assess and analyze the projects, but the assurance we can't say that we can easily conclude that the project will boom and will deliver what we think will happen after we invested our money.

Though, keeping that research and continue analyzing each potentially assets that will bring you fortune, something that you can keep on doing to find the right alt or meme project that will be generous to give you decent benefits.

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