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

[$weetne$$]

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.

I do not see the size of the community as an important factor to look at before trading because when a project is already too big, to make profits becomes difficult. Project that are not known yet can give you the biggest profits when they become very popular therefore you have to do your research on the project to know what they have to offer before investing in them or trading them because scammers can buy twitter followers and use airdrop hunters to make their telegram community to be big but when you join, there would not be any genuine conversation going on but only airdrop hunters asking when they are going to be paid. Project has found ways to make their projects look big when they are not, some of them also manipulate the price of their coins through wash trading.

[stomachgrowls]

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.

I do not see the size of the community as an important factor to look at before trading because when a project is already too big, to make profits becomes difficult. Project that are not known yet can give you the biggest profits when they become very popular therefore you have to do your research on the project to know what they have to offer before investing in them or trading them because scammers can buy twitter followers and use airdrop hunters to make their telegram community to be big but when you join, there would not be any genuine conversation going on but only airdrop hunters asking when they are going to be paid. Project has found ways to make their projects look big when they are not, some of them also manipulate the price of their coins through wash trading.

But you cant be able to stop people not to look into those moments or times when the community is still trying to build up or on the moment on which the hype is already that starting on which we know that when itcomes to this aspect then you would really be definitely be interested on getting in because the potential profits that you could really be able to obtain is which way more than on the amount that you could really be able to when you are really that investing into something which is old or already have that big community or simply the hype and interest is already that moving sideways or already that gone or average. This is why
you cant be able to stop people to have those kind of considerations on the time or moment that they will really be making up some choices just because of such aspect.

Choosing in between what type of coins then it would really be depending into your own discretion or choice on which we know that interest and other things will really be just that depending on your choice on which as long you do able to make profits then it would really be that something that will really be basing into your own preference. What matter the most on here is on how to make profits no matter which selection
that you would really be taking. We do know that when it comes to this aspect then probabilities would really be always there.

[Cookdata]

I do not see the size of the community as an important factor to look at before trading because when a project is already too big, to make profits becomes difficult. Project that are not known yet can give you the biggest profits when they become very popular therefore you have to do your research on the project to know what they have to offer before investing in them or trading them because scammers can buy twitter followers and use airdrop hunters to make their telegram community to be big but when you join, there would not be any genuine conversation going on but only airdrop hunters asking when they are going to be paid. Project has found ways to make their projects look big when they are not, some of them also manipulate the price of their coins through wash trading.

This should not be a basis for trading, it's very wrong. Solana had one of the most lowest and crash in 2021 but look at the recovery and the volume of trading everyday. Right now, I'm not sure there is any coin that is traded like sol after Bitcoin and Ether this is because the recovery is fast and that's because of the Volatility and will you say Solana community isn't big? I think they have one of the biggest community in crypto.

If you are taking about popularity, you will have to mention Solana before you mention meme coins and they love the network because that's due to their low gas fee. Taking about scammers, we have thousands of them rolling fake coins on Pump dot fun and Dex screener rigging projects and stealing sol from investors and yet it's very popular coin by demand and by investments.

[Silberman]

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.

I do not see the size of the community as an important factor to look at before trading because when a project is already too big, to make profits becomes difficult. Project that are not known yet can give you the biggest profits when they become very popular therefore you have to do your research on the project to know what they have to offer before investing in them or trading them because scammers can buy twitter followers and use airdrop hunters to make their telegram community to be big but when you join, there would not be any genuine conversation going on but only airdrop hunters asking when they are going to be paid. Project has found ways to make their projects look big when they are not, some of them also manipulate the price of their coins through wash trading.

Try trading a coin with a 24 hour volume of one dollar and then you can tell me if the size of the community is not important, community size and engagement is critical, and it is one of the reasons why bitcoin is by far the strongest coin on the market, however scammers learned how to fake this and as such it cannot be the only factor when deciding whether to invest in a coin or not, but it still needs to be considered to be an important one, as if no one uses that coin, then it does not matter how good it could be as there is no future for that coin.

[shawonngp]

I did not trading with particular coins, because to become a professional traders you should not focuses only with some particular coins, trading is not limited with a few coins, thousands of coins in the market, personally i trading with many coins some of new coins and old coins at a time but i never trading seriously with meme coins, it's optional trading and too small investment if somehow one coin is give something big.

[Fivestar4everMVP]

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?

Well, I am not a token analyst, but when it comes to finding what to trade in the market, I would say that every crypto asset that is listed on all good exchanges, and have good liquidity and trading volume around them can be traded at any time and day, one doesn't have to only focus on what is trending alone, for sometimes, what is trending may not even give up the kind of profit we want.

Its like a person having a particular place he or she is heading to, but got to a junction where the road seperated, he or she knew that taking the road on the right will lead him or her straight to where he or she is going to, but then, he or she decided to take the road on the left side because alot of persons were going that way.

As a trader, it's important to learn to leave news alone and focus on your own goals, focus on a nitche of narrative that will help you achieve your trading goals, not on what exactly on what is trending, personally, I only give attention to what is trending only if and when there is something to benefit from there.

[Myleschetty]

The meme coin market generated a staggering $68 billion in market capitalization as a result of whales using it as a way of quick profit while diverting their profits to Bitcoin.
Regarding the exchange token/coin, $BGB and $MX are examples. They experience an extraordinary spike in price as a result of the exchange's hefty dividend for their cryptocurrency.
Having said that, the ideal cryptocurrency to trade is always one with a high market capitalization, data, and performance.

[$weetne$$]

I did not trading with particular coins, because to become a professional traders you should not focuses only with some particular coins, trading is not limited with a few coins, thousands of coins in the market, personally i trading with many coins some of new coins and old coins at a time but i never trading seriously with meme coins, it's optional trading and too small investment if somehow one coin is give something big.

No that is not true, we have professional Bitcoin traders that only focus on Bitcoin and we also have those that focused on altcoins. We still have those that combined the two and there is no problem doing either but you have to know the risk with each of them. Traders that focus on altcoins are exposed to more risk because the market is more volatile and some coins can dip so much that you do not have anything left unless you are trading with a stop loss but still you will be at a lost. Trading just Bitcoin can be considered be better because you can hold Bitcoin if you did not hit your analyzed target but hodling altcoins can be risky too because the altcoins market is so unpredictable and it relies on the movement of Bitcoin before you can be sure that your altcoins is going to rise.

[Oilacris]

I did not trading with particular coins, because to become a professional traders you should not focuses only with some particular coins, trading is not limited with a few coins, thousands of coins in the market, personally i trading with many coins some of new coins and old coins at a time but i never trading seriously with meme coins, it's optional trading and too small investment if somehow one coin is give something big.

No that is not true, we have professional Bitcoin traders that only focus on Bitcoin and we also have those that focused on altcoins. We still have those that combined the two and there is no problem doing either but you have to know the risk with each of them. Traders that focus on altcoins are exposed to more risk because the market is more volatile and some coins can dip so much that you do not have anything left unless you are trading with a stop loss but still you will be at a lost. Trading just Bitcoin can be considered be better because you can hold Bitcoin if you did not hit your analyzed target but hodling altcoins can be risky too because the altcoins market is so unpredictable and it relies on the movement of Bitcoin before you can be sure that your altcoins is going to rise.

Or it could be both, it would really be that actually be depending on what kind or type of trader you are on which we know that everything will really be basing up on someones preference when it comes into this aspect. There would really be those individuals who would really be focusing into Bitcoin and there are those who would really be focusing into altcoins or could be having both. It all matters about on how much risks that you could be able to put on and on the time that you would really be able to spend on. Choosing on which type and on what are the coins you would really be that dealing or trading into then it would really be that depending on you. If you do really be able to see up yourself having be able to handle your condition and make money then it would really be just that fine.
The thing on here is on how you could be able to sustain and on how you could really be able to make yourself be profitable.

[crwth]

I usually check coins with a lower market cap because the possibility of profiting is higher compared to high-market-cap coins. Of course, it would depend on how much risk you are willing to take and what your risk appetite is with this. It is important for me that there are many holders and traders who have good volume being introduced in different exchanges.

That’s how I pick tokens or coins.