Welcome to my review of TokenMetrics.com where I review my experiences with Token Metrics. I will walk you step by step on my journey through trading and investing in crypto using Token Metrics. Then you can decide if this is the right tool for you to use in your investing/trading strategy. Note, I am not a financial advisor and none of the content on this website is to be used as financial advice.
TokenMetrics.com is a great tool for swing trading in crypto. Using these techniques have helped me double my money on a weekly basis. So, what is Swing Trading in crypto?
Swing trading is a style of trading that attempts to capture short to medium term gains in a crypto/token over a period of a few days. Swing traders primarily use technical analysis to look for trading opportunities. These traders may utilize fundamental analysis in addition to analyzing price trends and patterns.
Lucky for you, Token Metrics has all the tools to make you a successful winning swing trader.
Start with Data>Ratings. This will bring up all the coins/tokens available on Token Metrics.
Next, filter out by Quant Grade. I normally only use coins with a score of 70 and up. Make sure you select "Trader" and "Daily" to get the best selections for the shortest time frame. This allows me to find the best picks that are expecting big price pumps.
From this selection, there are projected price predictions ranging from 31% to 61% price increases from the current price. This calculated by taking the highest predicted price within the next 30 days, minus the current price. Then divide the amount increase by the current price.
Based on this list, it's possible to select the token with the highest Quant Grade. The Token Metrics Quant Grade is based on a score calculated by hundreds of data points and then scored by AI and Machine Learning. So a higher Quant Grade has a higher probability of performing well. Based on the 30 day price prediction, you can pick your exit price to lock in gains. Setup your sell limit to automatically lock in gains.
Another option, would be to spread out the risk and select 2 to 4 of the top picks and allocate accordingly. This allows some risk management in case the token does not perform as expected. Most of my buy and sell orders last between 1 to 3 days. So expect to have 2 to 6 successful trades per week. Token Metrics has been helping me consistently pick winning trades of 10% to 30% gains. This allows me to turn $1,000 to $2,000 in about one week.
If you want to get a feel of the Token Metrics website and not have to pay for a paid subscription, you can check out the details on how to setup a FREE account with Token Metrics here.
If you are ready to start making money and want to sign up for an account and get a 10% discount today(discount will show up at checkout), you can sign up here. The detailed list of plans can be found here.