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
In considering which coin is profitable, I always consult a coin in forums to knos what their insights and thoughs regarding that. I also check how much the supply is and how much coin sold by its developer/s. Through this way, I am more likely to avoid shitcoin that would cause a trader/investor to lose his money in buying that coin.