Hello everyone. So recently I've been trading bitcoin for alt coins as I find that alt coins are far more volatile due to lower volume compared to Bitcoin and thus more profitable when it comes to day trading. Any great alt coins I should be looking into for trading? I'd like to hear your opinion on this method of trading!
As long you still get income any coins you take it will profitable. I think coins is the main problems because chose the wrong coin will make us lost. But I believe this part can't be separate with money management and psychology. So trading is big picture for us. People will chose survive coins, see from coinmarketcap list number 1 - 5, take them as your way.
What is wrong coin? The one without future, created to be a scam and to trick people to invest in it. Coins from 1-5 have potentially great future, so when is the right time to trade with them, answer is clear wait dip to buy and wait top to sell. You have buy support and sell resistance, learn about this two terms and you will have a bigger picture how to do it.