When it comes to the trading of altcoin the I find it is one of the most complex jobs. There are lot of chances and possibilities. So to become a good trader of altcoins what are the main strategies do we need to have? Is it the best time to put money on the altcoin?
Here are my simple opinions on altcoins trading
1. Trade coins on exchanges with the highest volume
2. Avoid depending on technical analysis for signals to enter into alts trades
3. Keep your attention to news about the alts you want to trade. They influence their price movements most time.
4. Be disciplined. Take profits and don't be too greedy
5. Use stop loss where necessary.