I have some of all of those already. Yesterday I was feeling antsy and I wound up opening a 800$ position in DOT(supposed to be for a short time). so far its dropped to $790. Im hoping it recovers, but lately I've had a bad habit of opening short time positions and closing them days or weeks later for a slight loss. Its annoying af. Still waiting on 1INCH to recover. Do you have any thoughts on a short term price prediction?
Most new coins spike early and drop off for a couple months, then they will rise and fall as day traders make moved on them. It's hard to predict. I would keep an eye on sentivate and any gold backed ones such as tpx or gnto. There is one I'm looking at called metaverse which is a vr internet. Looks promising I might throw 40 bucks at it.
Dot I would hold long term. Xrp xlm I would hold long term. For short spots I would diversity in less than penny coins and sell half when you double your money. Keep your initial investment moving around and accruing free coins. It's a high risk high reward gamble though as tiny coins are very speculative. Phala orai and ors also look good.
Good call man. I appreciate it. I meant to respond earlier. What do you think of the sandbox coin SAND? I think that type of shit is retarded, but nerds love it. That's why I bet on decentraland and that paid off for me. Im thinkn about throwing a couple hundred into SAND and hope it goes up. Any thoughts? And im looking into those coins you mentioned. I like the idea of a gold backed coin. I don't have much money to play with, so do you have any guesses as to which coin is the most promising looking at the moment? Also what exchange do you use? I've been using KuCoin for most of my trading but its a chunk company. So I've been looking for another to use. Uniswap seems like it's got a good selection of coins to exchange, but every damn transaction costs like 40 fuckn dollars.
Uniswap is a clearing house. They can trade almost anything but they charge you for it. I love kucoin. Trust wallet and off chain wallets I keep most of my holders on. Probit has a lot of random coins but the fees are a little pricey. I havent heard of sand im gonna have to check it out!
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