Compare unknown coins such as ARN or DLT (low caps (15-30m) to the last bullrun and they follow Bitcoin almost exactly, as do the higher market cap coins. With that said, wouldn't it make more sense to buy lower market cap coins with a higher multiplier? ARN is almost 10x and DLT 5x. Assuming the coin doesn't exit scam or is complete vaporware with no updates on GitHub or social media, etc - is my logic flawed? Really not trying to shill the above coins, I am interested in them definitely, but I'm hoping to pick them up during next flash crash for a good return.
Does it really matter which coin you buy into?
check Datawallet too faggot
Not bad, however, I primarily trade on funds are safe.
Thrump
>crypto
>safe funds
made this for you
also these are the coins which could lose 95% of their value if market falls down
You are assuming that market will go up after a flash crash
However, if you were present during the recent bear market you would notice that the market kept going lower and lower without recovering
But yeah, unless the bears revive your strategy might work
But it's very very difficult to do than said
>they follow bitcoin
until they dont. literally anything can happen to a shitcoin.
but it did recover, as it always does. If the market crashes and doesn't recover (unlikely imho) it doesn't matter if you're in BTC, ETH, or other coins, you're going to be in the red pretty badly.
Fair point, but have we seen a coin truly break away from BTC? I think it's more likely ether will overtake btc (big maybe)
anything that did x10 last year "broke away"
My idea of breaking away from Bitcoin would be if a coin 2x or 3x while bitcoin was stagnant or went down.
january this year that happened
Not that I don't believe you, but source on the coins? I'm interested in looking at their history and to see if they are still inherently following BTC (likely)
alts went to the moon in early january while btc dropped from 20k. nearly the entire top 10
lol. waht. they pumped when btc domped from it's ath. these pajeets won't go up to their respective ATHs again until BTC creates a new ATH. Just stay in BTC until it peaks at 31k, and 70k later this year,
Fair enough, you are right, there was a large jump for the top 10. They almost came out of nowhere (imo). I would assume the whales that pumped up BTC and took their profits pumped up the top 10-20 alts. If we follow this pattern, if you want to call it that, what's their next move? Continue the cycle? profilts from alt coins back in btc or back into lower coins and dump top 20 coins? Hmm.
I'm optimistic as the next guy for late year pump but peaks at 31k and then 70k in the next 7 months? wut.png
This
OP is an avatar faggot
Try trading with 100x leverage and if you can do well in that then your strategy might work.
Interesting, I'm not too into to shorting/leverage. Pros cons?
Interesting, I'm not too into to shorting/leverage. Pros cons?
>Pros cons?
Pro: You can gain money very very quickly
Con: You can lose money very very quickly
Pro: You learn very very quickly what a good trader you are.
Con: You learn very very quickly what a bad trader you are.
Interesting, I don't know man, I feel like buying/selling is enough for me, made good money off it so far
Don't buy datawallet
Elaborate?
Rlx and cnd. Wait 3 months and you'll be 15x
Looking at them now
Rlx is good. Under the radar still. Airdrop of health tokens in a month or so. Under 4 m market cap.
It hot a bad ico score so I’ve stayed away ever since, the team isn’t even verified
Yes it matters OP. The coins that survive are the coins you would personally use. The rest will fall to zero.