My trading strategy is very simple.I search for new altcoins,mine them and waiting for a high price to make profit.
Theres a flaw though.
Once you find a new alt coin, how do you know its worth mining? most usually are pump and dump scenario lol.
and those pumps happend random times..
just like currency trading you can make money when its up and you make just as well when its down,the key is patience,retracing your positions
That is very good indeed, and you must also know what people want on this time, so what they want to trade or buy.
The best thing is that you have to begin low and that you later will make some profit and not in the beginning.
Predicting what is causing for the price movements is very difficult job. If that is true then we would have seen many successful traders to today however that is not completely true.