Is Anyone Here into Trading Low Market Cap Coins?

When it comes to trading low market cap coins there's always the highest upside but also comes with high downside. I feel like it's a double-edged sword.

I recently got back into trading low mcs and I've been having a decent return overall, of course there are fluctuations but at the moment I've 12x my initial portfolio in 2 months.

My best trade in this time frame was a 1900% return within a couple days on a $800 investment.

What are your experiences trading low market cap coins?

When trading low MC coins, there are a few important factors I consider:

1. Volatility: The low liquidity and small market size can lead to extreme price fluctuations. While this can yield high returns, it also means you're vulnerable to sharp downturns.
2. Research and Timing: It's critical to keep up with market sentiment, news, and the project’s fundamentals. The right timing in entering and exiting these trades is essential to maximizing returns and minimizing risk.
3. Risk Management: Setting stop-losses and having a clear exit strategy is crucial. Without these, gains can quickly turn into losses in a market that is prone to sudden changes.
4. Community Sentiment: Many low market cap coins are heavily driven by community hype and social media. Keeping an ear to the ground can help you spot trends early, but it also means these coins can lose momentum quickly.