Hi guys. I joined cryptocurreny trading recently a couple of months back invested in BTC. Since then I have been trading altcoins between prices across exchanges but the problem is the market is very volatile and it has eaten much of my profits. If I buy a dip I realized there is something dipper. A friend of mine adviced I should buy some altcoins i trust their use case and keep for long term.
My major problem is identifying such altcoins with potential. Can you guys help with what to look for to determine an altcoin with potential or you can Name some .. I ll be very glad.
No, don't follow him. Remember the use case can't give you a lot of guarantee for your amount. Just try to sell when it was pumping and then try to be a patience person and try to enter the market when the market will be dipping in the future. Crypto is a bubble and it will be filled by so many speculators. I have been doing it to recover my lost.