As a newbie, I have little experience in choosing a promising altcoin and there must be some important thing that I don't know now in the process of choosing a altcoin. I want to stand on the shoulders of giants and I hope you can teach me something. Thank you.
just follow the rules below and you will do just fine:-
1-Have a reason before entering each and every trade Start a trade only when you know why youre starting and have a clear strategy for it afterwards.
2-Choose-Target and stop when starting a trade:- For each trade we must set a clear target level for taking profit and more importantly, a stop-loss level for cutting losses. A Stop-loss is setting the level of loss where the trade will get closed.
3-A word about public ICOs (crowd-sales):- Many new projects choose to make a crowd-sale where they offer investors an early opportunity to buy a share of the project (tokens or coins) in what is meant to be a good price for the tokens.