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
The firth thing you should check are the developers themselves. If they have a history of scamming and fraud then they should be avoided. A good example of this is QTUM. The founder had a past history of scamming and it is known that their "successful" ICO was done because they themselves bought up their own tokens. The next phase is to dump them on us.