Hello,
Can somebody explain how to decide buying an altcoin?
Let me write what I know;
Please correct and/or add other ideas to help noob traders like me
I will try to give merits to good posts as much as I can.
Thanks.
To determine the point of purchase should depend quite a lot on the market and analysis of candlestick charts. If you can find a good buy point then you have succeeded half and the chances of profit will be huge in this market. Should divide capital for investment, that is essential in this market.Can somebody explain how to decide buying an altcoin?
Let me write what I know;
- Check the coinmarketcap.com and choose ones with high volume
- Check the projects
- Check the chart, if it is pumped, don't buy, wait
- Check the chart, if it is dumping, wait low volatility
Please correct and/or add other ideas to help noob traders like me
I will try to give merits to good posts as much as I can.
Thanks.
It is necessary to take into account the total capitalization of the entire market of crypto. It is necessary to assess how many people are willing to invest in the kraft currency market. Because the capitalization depends on the price of the criterion.