Done with trash coins!! Looking for something promising
Done with trash coins!! Looking for something promising
Fairly new to the crypto trading/buying realm. But what I’ve noticed is that lots of coins for a STUPID low price which are just trash. How DOGE is worth anything over $0.15 is beyond me. Either way, I purchased ~100m SHIB when it was somewhat lower, bout 3x on average what I put in (unrealized gains) but, with the amount in circulation (which I did not know until after the purchase) it’s quite clear that SHIB is unlikely to moon.
So what I’m getting at is, what is a stupid cheap yet promising asset I could look into. How do I find these new ICO’s or underperforming assets? When I see on Crypto com an asset that went up 60% in their gainers charts, I just wonder where these people getting their info to get in before hand and what moves the price.
While this is indeed temporary, I’m looking for stupid cheap but promising in long run, not necessarily moon this day and tank tomorrow
There are ICO websites where you can search for and see how many of them have new projects on the go. While in exchanges, check out their blog page.
You’ll see the news on what’s likely to be added soon to them and that’s where the other traders are getting their info. Whenever a new project is about to be listed on them, traders and flock are going there because they know that the volume is going to be on its high after being listed.
Whatever choice you make, don’t invest in money you can’t afford to lose. sometimes altcoins are much easier to pump with good news such as going to be listed on a major exchange a few hours later. therefore it is more active to look for information on social media or groups that discuss other potential cryptocurrencies.
You can always count on CMC for a token that is worth investing in in the long or short term, no one can guarantee you profit in the long or short term. All you have to do is always try to check the project you chose, and if you conclude that the project is promising and has prospects, then you can press the trigger!!