Untung 8JT, 3 Cara Trading Crypto Koin Micin Modal 1 Juta di HP Pemula
Summary
TLDRIn this video, the presenter shares practical tips for beginners looking to invest in 'micin coins' (small cryptocurrencies). They explain strategies for buying low-value coins, evaluating their potential based on weekly and monthly trends, and maximizing profits using limit orders. The video emphasizes simplicity, with the presenter explaining how even someone without knowledge of technical analysis can succeed in cryptocurrency trading. By using the Pintu app and filtering for coins with the lowest prices or significant gains, viewers can find promising opportunities for short-term profits. The presenter also shares personal experiences and success stories to encourage viewers to try their strategies.
Takeaways
- 😀 Understand the concept of 'micin coin' and how it refers to low-value, high-volume cryptocurrencies with potential for quick profit.
- 😀 A strategy to earn profits from micin coins is by buying at a low price and selling quickly when prices rise, using the example of buying coins at Rp1,860 and selling at Rp1,577 within hours.
- 😀 Swing trading can be used with micin coins, where small price fluctuations are leveraged for profit within a short time frame.
- 😀 Always observe the longer-term trend of the coin by checking weekly and monthly performance before making a purchase decision.
- 😀 It's important to choose coins that show consistent upward movement over a period of weeks and months rather than just short-term fluctuations.
- 😀 Use the 'limit order' feature when buying micin coins to secure a good price before the coin price spikes.
- 😀 Coin selection involves checking for coins that have a low price and high volume potential, which could lead to large profits.
- 😀 Avoid buying coins when prices are spiking, and instead, look for opportunities to buy when prices dip using limit orders.
- 😀 Some coins may experience volatile price fluctuations, but consistent upward movement in the weekly and monthly charts signals potential for future gains.
- 😀 The importance of researching and testing before making a purchase is highlighted, as understanding how a coin performs in different time frames can guide buying and selling decisions.
Q & A
What are micin coins, and why are they considered a good investment option?
-Micin coins are low-value, highly speculative cryptocurrencies that are often bought at low prices. They can offer high returns in a short time due to their volatility. The appeal is that, when a micin coin's price increases, even a small investment can result in significant profits.
How does Zaid select which micin coins to invest in?
-Zaid looks for micin coins that show consistent upward trends over a 1-week or 1-month period. He also evaluates coins based on their current price and market performance, filtering those with low prices and a history of gradual growth.
What is the significance of using 'limit orders' in cryptocurrency trading?
-Limit orders allow traders to specify the maximum price they are willing to pay for a coin, which helps them avoid buying when prices are high. This strategy helps in maximizing profits, especially in volatile markets like micin coins.
What is the advantage of buying coins when their prices are low?
-Buying coins at low prices provides a larger number of coins for the same investment, and when the price increases, the trader stands to make significant profits from a relatively small increase in price.
Why did Zaid sell his micin coins when he did?
-Zaid sold his micin coins after their price had increased, following his plan to use limit orders for both buying and selling. He believed that selling at that time would be beneficial for his tutorial and did not plan to hold the coins for long-term gains.
What are some of the risks involved in investing in micin coins?
-The main risk is the high volatility of micin coins. Prices can fluctuate drastically in a short time, leading to potential losses. Some coins might also be scams or have unstable market behaviors that make them unsafe to hold in the long term.
What is Zaid's approach when he doesn't know much about a coin's chart or indicators?
-Zaid positions himself as a beginner, not relying on technical indicators like candlestick patterns or chart analysis. Instead, he focuses on simple, straightforward strategies such as checking the price trends over time and using limit orders to control his investments.
How does Zaid evaluate the market performance of a micin coin?
-Zaid evaluates a micin coin's performance by looking at its price fluctuations over a 1-week and 1-month period. He also considers its market cap, circulating supply, and trading volume to gauge its potential for short-term gains.
What is Zaid's strategy for identifying profitable micin coins?
-Zaid filters coins by their weekly and monthly performance. He looks for coins with a consistent upward trend and avoids those with high volatility or downward performance. He also uses price filters to find coins with low market prices that may have room to grow.
How important is it to monitor a coin's performance before investing?
-It is crucial to monitor a coin's performance to understand its potential for growth. By analyzing price trends over different time frames (weekly, monthly), traders can identify coins that are likely to increase in value, reducing the risk of investing in unstable or declining coins.
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