Now I'm sitting on $2.9 million
Just 2 years ago, I had $7,000
It took me 5 years of struggle before I figured out how to trade alts
đ§”: Here's my strategy (will delete in 24 hrs) đ
Before we dive in, heads up â
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Over the past year, I turned $7K into $2.9M through crypto.
Most of the profit came from trading altcoins, not $BTC or $ETH.
In this thread, I'll share my strategy for spotting 100x altcoins đ
First, scan the entire crypto market using your preferred tool:
âą @OrionTerminal
âą @coinglass_com
âą @CoinMarketCap
This will help you identify the most volatile coins and save time on manual scanning.
Using such a scanner, you can avoid losses by:
âą Finding alts with high liquidity (avoid slippage)
âą Identifying trending alts (capitalize on momentum)
âą Detecting undervalued alts (maximize profit)
It's a must-have tool if you want to outtrade others in the alts market.
Once your routine is set and you're comfortable with the scanner.
You can start building your own Altcoin Discovery Strategy.
Hereâs step-by-step how I do it đ
1/ Filter by ticks
This feature is great for scanning coins for scalp trading.
It sorts coins with the highest ticks first.
You can also filter by volume, volatility, price, OI, etc., tailored to your trading style.
2/ Create a Daily Watchlist
Scope out the coins that match your volatility criteria and add them to TradingView.
Chart them and see if any setups catch your eye for the day.
3/ Choose your trading style
Select a strategy that matches the market conditions you intend to trade in.
Additionally, review the rules Iâve created, which will assist you on your journey đ
4/ Set up price alerts
Alerts are essential for effective market scans.
They keep you informed, enabling you to take advantage of token pumps and dips.
That's a wrap for now!
I hope you've found this thread helpful.
Follow me @FluxTrader for more.