This blog is only about “WHAT THINGS I CONSIDER WHEN BUYING AND SELLING TOKENS ON CAULDRON”, this should be the title of this blog but it’s too long. So, back to the topic. These are the things that I consider when swapping on cauldron

First thing is basically the PRICE of the certain token. Very important thing to consider in swapping. When price is low, we buy. When the price is high, we sell. Basic as supply and demand lesson in middle school. We shouldn’t sell the token if the price of it was more lower than we bought it, we will experience loss for it, we just waste our BCH if that happens. We should sell it for higher price for us to gain an income!

2nd thing is that if that token is FAMOUS, not the famous as artist but if it “talks in the town”, you knows that? People is discussing about that token. Why? Most probably that token might have changes in the bar!

3rd thing is the NAME of the token. There are tokens in Cauldron that owned by well-known people on BCH such as BitcoinCashTV, Zapit, and many more… That tokens have the high chance of being active on Cauldron.

4th thing is the TOKEN LIQUIDITY, when I started using Cauldron, I’ve learn that the higher the liquidity of the token, the higher the chance it pumped or have high price that why I consider that also.

Always remember: Invest only the amount you can afford to lose, don’t be too greedy, and too scared!

PS: This is just my own perspective on swapping, we always have different insights and techniques. Adios!

If you don’t have cauldron here is the link: https://app.cauldron.quest/

If you consider to donate here is my selene wallet: bitcoincash:qreg7g289dcuudstp2se2ksw9588m7edmcxtu8x7uw

You can do upvote if you like it!

  • Arooj
    link
    fedilink
    arrow-up
    1
    ·
    15 days ago

    I follow the same rules before investing in Cashtokens