I’m currently sitting on $1.8 million.
Just 2 years ago, I had $5,000.
It took me 4 years of hard work and persistence to figure out how to trade altcoins effectively.
🧵👇 Here’s my full strategy (this will be deleted in 24 hrs).
Before we dive in…
Want more alpha like this?
Hit that follow button to stay updated with my strategies.
If this thread helps you out, give it a like, RT, or bookmark — your support means a lot!
Over the past year, I’ve turned $5K into $1.8M. Most of my profit came not from trading $BTC or $ETH, but from carefully selecting and trading altcoins.
This thread will break down how I spot 50x potential altcoins and capitalize on them👇
1/ Start with Market Scanning Tools
You can’t manually track the entire crypto market efficiently.
So the first step is to use market scanners to quickly identify potential opportunities.
Here are my go-to tools:
➢ @OrionTerminal: Great for finding liquidity.
➢ @coinglass_com: Useful for market sentiment analysis.
➢ @CoinMarketCap: Best for tracking market cap and daily volume shifts.
With these tools, I can efficiently narrow down the most volatile and promising altcoins, cutting down hours of research time.
2/ Focus on High Liquidity Coins
Liquidity is essential in trading altcoins.
Coins with low liquidity can lead to slippage, meaning you’ll pay much more (or sell for much less) than you expect.
Use the scanners to find altcoins with high liquidity. This ensures smoother transactions and minimizes risks of unexpected losses.
3/ Look for Trending Coins
Capitalizing on momentum is key to making big profits.
By using volatility filters, you can quickly spot altcoins that are on the rise.
Coins that are trending or spiking in volume often present short-term opportunities for profit.
Example:
If a coin is seeing a 30% volume increase in the past 24 hours, there’s a chance it’s about to break out or continue a bullish trend.
4/ Find Undervalued Coins with Strong Fundamentals
This is where long-term gains come in.
While high-volatility trading can generate quick profits, finding undervalued coins allows you to maximize profit over time.
Look for projects that are flying under the radar but have strong teams, partnerships, or unique utility.
Using these tools, I can quickly analyze metrics like market cap, circulating supply, and community engagement to gauge whether a coin is undervalued.
5/ Establish a Daily Routine for Scanning
Once you’ve got your scanner tools set up, make it a habit to scan the market daily.
Consistency is key.
In your daily routine, focus on:
Filtering coins based on volatility, liquidity, or trending status.Adding the most promising coins to a daily watchlist.
Here’s how I personally structure my approach 👇
6/ Filter by Ticks and Volume
One of the most useful features in market scanners is the ability to filter by ticks (price movement).
I sort by coins with the highest number of ticks first — this helps identify coins that are moving quickly and might be ripe for a trade.
You can also filter by volume, volatility, price, and open interest (OI), depending on your trading style.
7/ Create a Daily Watchlist
After scanning the market, I create a watchlist of coins that match my criteria for volatility and liquidity.
Add them to your favorite charting tool like @TradingView and monitor potential setups.
If you see favorable technical patterns (like breakouts or consolidations), they might present a solid entry point.
8/ Choose the Right Trading Strategy
Not every market condition is the same.
Make sure you adjust your trading style to match the current market environment.
In a bull market: Focus on swing trades and momentum.In a bear market: Consider scalping or shorting opportunities.
I’ve created a set of personal rules to help guide my decisions. Sticking to these rules has helped me avoid emotional trading and stay disciplined.
9/ Set Up Price Alerts
Alerts are crucial for tracking market movements.
Set price alerts for coins you’re watching so you don’t miss out on pumps or sudden dips.
Most scanners and charting platforms have this feature, allowing you to stay ahead of the market.
Final Thoughts
That wraps up my altcoin trading strategy.
By using the right tools and sticking to a consistent routine, I’ve been able to grow my portfolio significantly.
I hope you found this thread helpful!
For more insights and strategies, follow me @Farmi
#USNonFarmPayrollReport #TON #DOGSONBINANCE #hamidarmy #SahmRule
