Re: What is your best strategy to determine if the coin will be profitable?

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

My simple strategy in trading altcoins is buy on support and sell on resistance with use candle chart in analysis technical
time prime 5M-15M, it is short term strategy trading altcoins,
the weakness of this method is we must stay on the computers and always do stop lost, this method is not suitable for the traders
who doesn't have much time.

Great strategy that is one of the things i also do in shorting altcoins because i think that is the safe strategy to use when i'm in a short trading mode. It gives me only small profit because the i do have a small capital because i'm still mastering it with a right timing so when i get the right timing then i will put bigger capital.

It seems to me that this is the correct approach to a relatively short trade, Because if you take large volumes, you can not calculate your strengths and capabilities. Perhaps this is the right approach, even in that I earn Bitcoin on trade, you in turn get at least a little, but without risk.