does anyone actually profit from trading alts or just getting chopped up
does anyone actually profit from trading alts or just getting chopped up
feels like every time i try to trade alts they pump before i can enter or fake out and dump right after. even with a good setup it’s just constant chop and stop hunts.
been testing Banana Gun trading bot to see if better entries actually help. it snipes fast but still not sure if it makes a real difference or if this market just eats everyone who isn’t already ahead of the move.
is anyone actually making consistent profits trading alts right now or is it just a gamble every time
I’m more degen than everyone and just said screw it and dumped it into crypto casinos and lost most of it, had fun doing it though 
Better off shorting them on a low leverage like 2x to play safe. Pick the worst scam coins like any memecoin basically, wait for a Green day then open a short position with a stop loss set.
Buy the dips and take profits if you want to day trade them.
If you can be patient and buy at -5%, it’ll eventually go back up. Take emotions out of it. Don’t buy on a run and don’t sell for a loss.
current market condition is pure chop. the only consistent money is a) going in heavy during the bear market and being VERY patient or b) buying capitulation in an alt and playing the bounce. best case in current market I’d say is either have some conviction and hold a position or be very opportunistic and sit on cash until the market shows some direction