Hands-on experience: Key tips on how to trade altcoins

Author: Ardizor, encryption researcher

Compilation: Felix, PANews

Encryption researcher Ardizor grew his assets from $4,700 to $2.1 million in one year, and it wasn't achieved through BTC, ETH, MATIC, AVAX, or MODE. This article aims to share its tips on how to trade altcoins.

Alt trading eliminates the need to develop complex strategies and trade accordingly. For example, a trading strategy relies solely on the following key factors:

  • Understand the psychology of the encryption market
  • Track internal Wallet
  • Identify undervalued projects
  • Understand the principles of encryption security

Understanding the psychology of the encryption market is the most important

In the world of encryption, emotions drive everything. Human psychology is constant, and the market model is always repeated.

Here's a rough visualization of the market's psychological patterns:

实操经验:如何交易山寨币的关键技巧

"The best time to buy is when the market is bleeding"

While long people are aware of this, when fear dominates the market, people tend to sell and only buy back when greed reigns. This simple rule has the potential to generate huge profits.

Recognize this pattern and swim against the current.

Fear/Greed Index:

实操经验:如何交易山寨币的关键技巧

Learn about insider trading

Here's a recent example: A Wallet was purchased for $1,500 immediately after HAMMY launch, and then closed all positions for $177,000.

实操经验:如何交易山寨币的关键技巧

Why can you be sure that this is an insider's Wallet and not a random trader?

Think about it: why this person was able to buy before an unexpected big pump, when there was no favourable information about the project in the market at all.

The answer, of course, is inside information.

How to find these hidden internal Wallets?

*Access:

  • Find popular Tokens from the last 6 hours or 24 hours
  • Click on the head trader
  • Search for early transactions
  • Copy Wallet Address *To:
  • For better results, consider screening out Wallets with a payout of $500,000 or more and a 60% win rate

"How can I discover Promising Crypto before anyone else?"

  • Visit: CoinMarketCap / Coingecko
  • Choose 10-30 Tokens you are interested in from your favorite field *Access:
  • On this website, you can view important information such as project investors, number of Twitter followers, and financing data.

Where to view tokenomics

Visit Token Unlocks or VestLab to see the highlights:

  • Tokens allocated to the community
  • Investor Lock-up Position
  • Investor cost vs. current price

Finally, it is crucial to verify the security of the Token contract. This habit will protect you from potential scams, rugs, and honeypots. The following two commonly used validators may be useful:

  • SOL: *Evm:

实操经验:如何交易山寨币的关键技巧

实操经验:如何交易山寨币的关键技巧

Related reading: Knowing how to sell is the master, at a glance at the ultimate strategy of how to sell at a high point

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