((ReFleXioN)) EteRNaL
RIP MR. SMOKE
I don't ever like to give people picks. Cause I don't want people losing money cause of me. Everything is so volatile right now the market can crash any time. I study charts to make my picks. Daily trends. 20-50 ema's. But even that strategy isn't safe with the way the market is moving right now. I only hold short term then move to a different coin I like that's in a resting phase.What plays do think are long term?
But bitcoin and ether are here to stay long term. Those are like the Amazon and Tesla of crypto. Safe bets but probably not the 2-3x short term gains most people are looking for. But even if they crash they'll come back up. Can't say the same for a lot of these alts. A lot of em won't survive a huge crash. Most of the hot coins from 2017 are still in the graveyard.
But most people are leaning into defi coins. Chain link is doing great things. Aave and compound. Also uniswap is still at a nice value all things considered. Just tread carefully and do your own due diligence. Understand that this is pretty much gambling. Don't jump around Willy nilly to every single coin that's priced low and don't jump on every coins that's soaring. Get a feel for the market. Come up with your own strategy on how to play it. Everybody is different.