#TokenMovementSignals

Coin-Specific Signals

A Coin-specific signal is exactly what the name indicates.

It is a signal for a specific coin, usually based on analysis of price movement specific to that coin, or news and updates related to the coin and it’s adoption, popularity, media buzz, etc. This signal does not consider the rest of the market or other coins, unless there is a reason for another coins impact to the specific coin (Such as with tokens in the ETH blockchain).

Pros: Coin-specific signals can create better chances of making huge gains if you put enough money into position at the right time.

This kind of signal is a surgical knife, not a broad paddle.

Cons: Because the signal is not reacting to the macro market, if macro-market movement happens suddenly, you can loose big, especially if you bet your entire farm on a single specific-coin and the market decides, “not today sir, sorry”.

I tested a few specific signals this year, and while I was able to pull some small gains testing, ultimately I abandoned the specific signals, opting to search for a better source of Market-Mover Signals.