Hello,
Please guys help us newbies to start trading by not wasting time on bad method to determine profitable coins.
What is your best strategy to see if the coin will be profitable or not?
I am not telling that there are steps which guarantees if the coin will be profitable, but just asking what steps you using?
I saw that good method is to read news,forums about particular coin, but which websites to check, what should I look in the articals, news?
thanks
Ok just let me remind you that all ways you will get here as replies are based on their own preferences. Your's to follow.
We all know that there's no such thing to know if a certain coin will be profitable or not (unless in Bitcoin obviously). Try to do some autopsy to all branches of a certain project if they have some "things" to be considered as main ingredient for them to become success. This is a risk investment after all so you really need to spend some to see the actual journey you will faced when you invest in a coin.
This the challenge when dealing in an altcoin investment so all I can say is, accept all the associated risk once you start putting your money on a certain coin.