As a Token Analyst, what type of coins do you trade the most?

[Franctoshi]

I don't trade meme coins as my experience with meme coins hasn't gone so well, each time I buy memes and hold they never come back to my point of entry and which I lost some dollars as a result of this, I trade few altcoins now and basically focus on trading Solana, ETH, and Ordinance coin aside from Bitcoin fact that I trade. The best way is to trade the coin you find good after a research. There are various coins in the market to buy, if someone is looking to earn money from the hypes, pumps and  dumps of meme coins and some Altcoins.

[nelson4lov]

My trading categories usually involve going for more infra/fundamentals altcoins vs just pure memecoins trading. I find that even though fundamentals/infra projects have messed up token metrics aka VCs holding a large portion of the supply with regular emissions due to unlocks, they still trade better than altcoins do. For instance, when market goes down, memecoins go down 2-5x faster than the norm and that right there is a concern for me.

TLDR, Majors first, then fundamentals. Memecoins if I just want to gamble.

[shinratensei_]

currently i find myself quite frequently shorting on the overvalued altcoins with too big of an FDV compared to the competitor, coin like TIA and so on, I find shorting them rather interesting tbh since you know at some point there will be token unlocks and people will be in fear. just knowing the unlock date of these coins alone already giving me advantage so it's easy trade.

but for the longer game it's always BTC and ETH, current price swing is good opportunity if you're experienced trader, people easily panic in this current market, so many uncertainties, but that's also what makes the market interesting.

[shinratensei_]

currently i find myself quite frequently shorting on the overvalued altcoins with too big of an FDV compared to the competitor, coin like TIA and so on, I find shorting them rather interesting tbh since you know at some point there will be token unlocks and people will be in fear. just knowing the unlock date of these coins alone already giving me advantage so it's easy trade.

but for the longer game it's always BTC and ETH, current price swing is good opportunity if you're experienced trader, people easily panic in this current market, so many uncertainties, but that's also what makes the market interesting  . it's really good for future contract with leverage if you can accept the risk.

[Dr.Bitcoin_Strange]

There are two types of trading such as the futures trading and spot trading. Spot trading is more like holding, even if you are only going to hold for a short term period until the price of that token or coin surges in price. If you are spot trading, then you can make research on the best performing altcoins that you will invest your capital in, such as the list of coins you already mentioned. If you are venturing into futures trading, then you only needa few trading pairs with notable volatile, example is BTC/USDT, ETH/USDT, DOGE/USDT, etc.

[Peanutswar]

There's alot of other coins right there now it depends in the current trend or pattern of the coin I would like to trade in the future this is my strategy, seems you always talking about meme coins for me this isn't ideal to hold for a long term just a quick flip with the spots in trades but holding a long term and hope to be one of the profitable coin seems not ideal with my strategy. I keep making a trade with the BTC/ETH/XRP with just casual trade but I do holding for a long term with the BTC.

[irhact]

Memecoins are a form of token and you can further regroup them into BSC, ETH or Solana Tokens based on their build.

If we have been paying attention recently, in the world of meme, Sol memecoins have been surging and in other context, exchange tokens too aren't left out for the scope, surprisingly $68B which is 3.2% of the entire crypto market is held by them. Token insight has given us an insight of the tokens that did well, which $BGB and $MX.

Memecoins are good tokens to trade but you have to be careful when trading them as they're very volatile as traders mostly pump and dump them due to them not having any utility. Memecoin has done very well this year but they have also been the ones that are getting dumped the more when the market is crashing. I trade memecoins but I don't trade every memecoin that gets launched as I know there are many scammers launching their own memecoin and alot of them are just going to make you broke. I trade the big community and popular memecoins and I trade them by buying when they crash and wait for a good news to sell them.

[Altcoiner007]

I try my best to sometimes change my style of trading to focus on token niche sometimes and regroup to look for what works per season.

Memecoins are a form of token and you can further regroup them into BSC, ETH or Solana Tokens based on their build.

If we have been paying attention recently, in the world of meme, Sol memecoins have been surging and in other context, exchange tokens too aren't left out for the scope, surprisingly $68B which is 3.2% of the entire crypto market is held by them. Token insight has given us an insight of the tokens that did well, which $BGB and $MX.

I think grouping tokens based on the niche they belong can answer the question "what coin should I trade at the particular moment in time" as it helps to filter the noise and know where the entire market is focusing on. How do you do yours?

Source; https://www.google.com/amp/s/tokeninsight.com/en/research/reports/crypto-exchange-report-q2-2024%3foutputType=amp

For me, grouping tokens is much needed when thinking of holding for the long term and simply growing my portfolio. Exchange tokens like $BGB and $MX highlighted in the Coingeck report have showed good potential. With Bitget emerging as the second CEX with the highest increase in trading volume in Q2, it is expected that the platform token $BGB would appreciate over time as the platform consolidates and expands its services. But having a variety of tokens like this in your bag would be a necessary approach to benefiting in any increase in value.

For meme coins, it is largely based on speculations. New ones are emerging daily, thereby making the older ones unpredictable except the teams can be trusted to keep working.

[jaberwock]

For me, grouping tokens is much needed when thinking of holding for the long term and simply growing my portfolio. Exchange tokens like $BGB and $MX highlighted in the Coingeck report have showed good potential. With Bitget emerging as the second CEX with the highest increase in trading volume in Q2, it is expected that the platform token $BGB would appreciate over time as the platform consolidates and expands its services. But having a variety of tokens like this in your bag would be a necessary approach to benefiting in any increase in value.

For meme coins, it is largely based on speculations. New ones are emerging daily, thereby making the older ones unpredictable except the teams can be trusted to keep working.

What do you mean when you say grouping actually? It is by investing by category? Like for example we have a bunch of exchange coins/tokens in one side and then the other would be meme coins, and so on..? If it is, well I like the idea.

It makes us organized and it helps us to not get pressured. You said Bitget is the second in CEX? I highly doubt it and I'm correct because when I check CMC and Coingecko for confirmation, I can see that Bitget exchange is rank above the 10th spot for the both of them. Don't worry as that was still a nice spot and who knows? If they continue their momentum, they might now surpass other top crypto exchanges later on. Not just the meme coins but all cryptos are speculative. In the non-meme coin field, there's also new coins that came out from time to time but the established ones are still more proven than them.

[beerlover]

There's alot of other coins right there now it depends in the current trend or pattern of the coin I would like to trade in the future this is my strategy, seems you always talking about meme coins for me this isn't ideal to hold for a long term just a quick flip with the spots in trades but holding a long term and hope to be one of the profitable coin seems not ideal with my strategy. I keep making a trade with the BTC/ETH/XRP with just casual trade but I do holding for a long term with the BTC.

The "style" or whatever it's called, is the main thing that people look at and that's very crucial for most people. Like is it a casino token, is it a dex token, is it a p2e token, is it an AI token, and many other buzzwords really.

These days for example the whole telegram game type of things are getting interest after notcoin made a lot of money. I think not many else will, even this hamster kombat will not make that much money, but at the very least we know that it is going to be hyped for a while longer, that's the most important part.

I think it's fair to say that people invest mainly into these buzzowrds and what kind of token is the thing they look at, and I personally think that we should consider that as reality.

I personally do not invest into anything like that, I like to invest into something that's purely just about features and what it can provide to the crypto world and not many exists that helps the crypto world so I try to stay away from anything new. Old ones already provided what they can do, and that is why I invest into those, top 10 or top 20 is more than enough for me and I keep putting my money into those stuff to make it work some way or sort, that would make it better.

[Mahanton]

I try my best to sometimes change my style of trading to focus on token niche sometimes and regroup to look for what works per season.

Memecoins are a form of token and you can further regroup them into BSC, ETH or Solana Tokens based on their build.

If we have been paying attention recently, in the world of meme, Sol memecoins have been surging and in other context, exchange tokens too aren't left out for the scope, surprisingly $68B which is 3.2% of the entire crypto market is held by them. Token insight has given us an insight of the tokens that did well, which $BGB and $MX.

I think grouping tokens based on the niche they belong can answer the question "what coin should I trade at the particular moment in time" as it helps to filter the noise and know where the entire market is focusing on. How do you do yours?

Source; https://www.google.com/amp/s/tokeninsight.com/en/research/reports/crypto-exchange-report-q2-2024%3foutputType=amp

For me, grouping tokens is much needed when thinking of holding for the long term and simply growing my portfolio. Exchange tokens like $BGB and $MX highlighted in the Coingeck report have showed good potential. With Bitget emerging as the second CEX with the highest increase in trading volume in Q2, it is expected that the platform token $BGB would appreciate over time as the platform consolidates and expands its services. But having a variety of tokens like this in your bag would be a necessary approach to benefiting in any increase in value.

For meme coins, it is largely based on speculations. New ones are emerging daily, thereby making the older ones unpredictable except the teams can be trusted to keep working.

Why would really be needing to choose one if you could really do both things? There are really indeed people or investors/traders who would really be that making up some division into their portfolio on which one is really just that for intended for short term and the other one would really be intended for long term. The profits you are making in short term trades or investment is neither you would really be compotunding into your current capital for having that more bigger capital and potential profits with bigger positions or you would really be rather securing it into those other half which is really that intended for long term? It would really be just that depending on you on which one would fit out into your risks management. You would really be the ones who would really be making up such decision on which one you would really be finding yourself that preferred.

As for coins then it would be with your own discretion since there would really be those people who would really be thinking up about dealing with coins which does have good utility and there are ones who do stick up with
those projects which are really that totally shit but the hype and interest is on the rooftop. We cant really be able to deny that when it comes to possible returns then it would really be always best that you should be dealing up with meme coins but of course the risks involved would really be that high and this is something that you should be mindful on the time that you will really be dealing with it.
Analysis will really vary into each other because we do have different approach when it comes to this matter.

[Fara Chan]

For me, grouping tokens is much needed when thinking of holding for the long term and simply growing my portfolio. Exchange tokens like $BGB and $MX highlighted in the Coingeck report have showed good potential. With Bitget emerging as the second CEX with the highest increase in trading volume in Q2, it is expected that the platform token $BGB would appreciate over time as the platform consolidates and expands its services. But having a variety of tokens like this in your bag would be a necessary approach to benefiting in any increase in value.

Such tokens usually do not have long-term value resilience when market conditions get worse, because when everyone starts witnessing a bad trend in the market that is presented with a price drop in Bitcoin, all other tokens will also experience a much bigger price correction in the same time. So having more of such tokens still does not guarantee more profits for the holder, especially if the holder does not have a lot of Bitcoin in his bag so it would be useless to have more tokens but not a single Bitcoin.

[Chibaba]

I try my best to sometimes change my style of trading to focus on token niche sometimes and regroup to look for what works per season.

Memecoins are a form of token and you can further regroup them into BSC, ETH or Solana Tokens based on their build.

If we have been paying attention recently, in the world of meme, Sol memecoins have been surging and in other context, exchange tokens too aren't left out for the scope, surprisingly $68B which is 3.2% of the entire crypto market is held by them. Token insight has given us an insight of the tokens that did well, which $BGB and $MX.

I think grouping tokens based on the niche they belong can answer the question "what coin should I trade at the particular moment in time" as it helps to filter the noise and know where the entire market is focusing on. How do you do yours?

Source; https://www.[Suspicious link removed]s/tokeninsight.com/en/research/reports/crypto-exchange-report-q2-2024%3foutputType=amp

I have always pointed out that exchange token should be an option for investment particularly if the the token has multi-utility on its ecosystem. Bitget has seen a decent growth in recent time and BGB has also seen an increase sue case particularly with the inclusion of it as the staking pool for the newly introduced Poolx. MX on the other hand is benefiting from the exixsting utility in MEXC.

I also feel BGB, BNB, OKB and MX should be the leading exchange token atm.

[lixer]

If we have been paying attention recently, in the world of meme, Sol memecoins have been surging and in other context, exchange tokens too aren't left out for the scope, surprisingly $68B which is 3.2% of the entire crypto market is held by them. Token insight has given us an insight of the tokens that did well, which $BGB and $MX.

I think grouping tokens based on the niche they belong can answer the question "what coin should I trade at the particular moment in time" as it helps to filter the noise and know where the entire market is focusing on. How do you do yours?

Despite their share in the total cryptocurrency market cap, I am not a fan of meme coins at all. I like to do long-term and short-term trading with altcoins and Bitcoin. Bitcoin is the only long-term investment for me and for short-term trading, I like good alternatives. When it comes to coin choice, I never trust meme coins, so I don't like to put a single $ on meme coins, so I will suggest others try and find good tokens and coins here and there. It is better that you invest the money in some good altcoins or Bitcoin where you can expect sure profit.

If you still want to try meme coins or new tokens, then I suggest you invest very little money in them so that you won't regret if you lose your money because, in such tokens or coins, you are not given any surety of benefit. I am not saying that meme coins are not pumped. There are many good projects in the market which have benefited people. As for sustenance, I think Bitcoin and some altcoins are much better.

[tottong]

I try my best to sometimes change my style of trading to focus on token niche sometimes and regroup to look for what works per season.

No one really survives in meme coins and if there are, it is only a few people who are trying to capitalize on short term gains.
When someone focuses on meme coins then they should know the structure of the coin because otherwise we will face losses.

Memecoins are a form of token and you can further regroup them into BSC, ETH or Solana Tokens based on their build.

If successful but if they fail in the market they will lose value, ultimately they will be developed based on the vision.
If the developer is only looking for profit and not making progress on the coin then the concern is that people will get trapped so the potential loss will be much greater and plus they don't have the knowledge to recognize the coin.

[Ahli38]

I only entered meme coins briefly and not for me to trade but for me to use as speculative investment material to test my luck in holding it for a certain period of time after I had done some previous analysis. But for daily trading I really avoid memecoins. And I prefer to be on altcoins that have large trading volumes. but is in the ranks of tokens or coins that do have clear fundamentals. Meanwhile, meme coin is just an option for me to hold with the money I get from trading profits. And although sometimes choosing memecoin has also made me get big profits in a short time. but it was a rare moment. So more often than not I only trade on coins that have clear fundamentals. And sometimes I am interested in new projects that have a large increase in trading volume. and it's always exciting enough for me to target for scalping in the market.

[el kaka22]

"Community" isn't that important in crypto because reality is that whenever a project makes some money, they end up buying up members, which isn't that expensive neither. I can build a 2 million member telegram group (or twitter, same price) for like 2k dollars, maybe a bit more if you want higher quality accounts of course, but in the end even if we say just 20k, that is not really that crazy, it can be done and its how they grow.

Sure some of those people are real, but if you join some 400k member group and you see only 800 messages for a full day, from like just 200-300 members, you realize that the group is fake and there isn't really 400k people there, even if 99% of them is silent, just 1% of that would be 4k people, meaning even if they messaged once per day, it would be 5 times higher than what we have.

So all in all, I know that majority of those communities are fake, and I look at engagement instead. If you do that, see what they have, like how many people are talking about it, that would be better understanding of the community behind it. It would allow you to make some money based on how popular one thing is and how much hyped it could get, which would increase the price.

[milewilda]

If we have been paying attention recently, in the world of meme, Sol memecoins have been surging and in other context, exchange tokens too aren't left out for the scope, surprisingly $68B which is 3.2% of the entire crypto market is held by them. Token insight has given us an insight of the tokens that did well, which $BGB and $MX.

I think grouping tokens based on the niche they belong can answer the question "what coin should I trade at the particular moment in time" as it helps to filter the noise and know where the entire market is focusing on. How do you do yours?

Despite their share in the total cryptocurrency market cap, I am not a fan of meme coins at all. I like to do long-term and short-term trading with altcoins and Bitcoin. Bitcoin is the only long-term investment for me and for short-term trading, I like good alternatives. When it comes to coin choice, I never trust meme coins, so I don't like to put a single $ on meme coins, so I will suggest others try and find good tokens and coins here and there. It is better that you invest the money in some good altcoins or Bitcoin where you can expect sure profit.

If you still want to try meme coins or new tokens, then I suggest you invest very little money in them so that you won't regret if you lose your money because, in such tokens or coins, you are not given any surety of benefit. I am not saying that meme coins are not pumped. There are many good projects in the market which have benefited people. As for sustenance, I think Bitcoin and some altcoins are much better.

Each person or simply into those traders or investors does have that different level when it comes to tolerance on things on which it would really be just that normal that they would really be having that kind of action whenever they do see something which isnt really that in line with their interest or preference. If they cant be able to tolerate out the risks involved on meme coins then just let them be and it would really be better that they shouldnt really be that making themselves trying to force on dealing up with somethin on which we do know that they cant be able to bare up with the risks.Trading up neither meme coins or with those blue chip coins then it would really be  that just depending on you. We do have our own choices and preference on which one we would really be sticking into.

The most important thing on here is that you do able to handle up yourself well into this volatile and unpredictable space without making yourself that being geting panicked whenever the price moves into the opposite direction on where you are really that predicting. If you do find yourself that profitable on the current trading that you are doing then just simply proceed on and continue.
It doesnt matter whether you are trading with those good utility coins or meme coins, it would be always prefer on something that makes you money.

[Webetcoins]

It's not smart to just spam some tokens with the hopes that they would go up, but I will bite. I think SOL memecoins did had a period, they did alright during that period, but if you check them they didn't do well before and hasn't done well since, which is a proof that they just had a small time frame when they were good and that was it.

I think it would be smarter to go back and check ETH and BSC ones because they are looking like the strong ones again, and people are preferring those for a reason, it is not just because they "like it", that is not a good enough reason, if they did then SOl would never have anything, it's because it's historically the best ones.

SOL had the attention of memecoin people for a while with a few memecoins, which was fun and all, but it was never taken seriously and never will be. This is why I think it is important to think about what we are doing and how we are improving as well. We need to just invest into things that are not hyped for a brief moment, but invest into something that can stay for long.

BSC and ETH projects could go for a long time, 10+ years, not saying all will, some will and some won't, but at least it has some good ones, SOL doesn't have any.

[Silberman]

"Community" isn't that important in crypto because reality is that whenever a project makes some money, they end up buying up members, which isn't that expensive neither. I can build a 2 million member telegram group (or twitter, same price) for like 2k dollars, maybe a bit more if you want higher quality accounts of course, but in the end even if we say just 20k, that is not really that crazy, it can be done and its how they grow.

Sure some of those people are real, but if you join some 400k member group and you see only 800 messages for a full day, from like just 200-300 members, you realize that the group is fake and there isn't really 400k people there, even if 99% of them is silent, just 1% of that would be 4k people, meaning even if they messaged once per day, it would be 5 times higher than what we have.

So all in all, I know that majority of those communities are fake, and I look at engagement instead. If you do that, see what they have, like how many people are talking about it, that would be better understanding of the community behind it. It would allow you to make some money based on how popular one thing is and how much hyped it could get, which would increase the price.

Long time ago when icos were just gaining the massive popularity they will eventually get, the size of the community was a strong indicator about the potential of a coin, as the more people behind it, the greater the chances it could succeed, however scammers very quickly realized about this and they did what they always do, which is to imitate that characteristic in order to make their scam look like a legitimate project, and people fell for it, so since then using the size of the community to try to predict how a project may perform has become as useless as any other metric.