Re: How to choose correct coin for Day Trading

I am new to trading. But I know basics about how to buy, how to sell those. I have some experience too.

But I failed on choosing correct coin for which I do trading, where I get information about it. Which coin get good pumps, dumps today. Like those details is possible to known before.

Any one know pls share some tips for me.

I think you should know the coins that popular so that you can do trading to get a profit. Many altcoins but only some are getting popular so choose the popular one, I think you can choose the correct coins if you do search which coins are the popular most that you can trade.

Without complete research about the coin, it is impossible to trade the coin and even though we have found out potential about the exchange in order to trade the coin. Yes, without research it is impossible to find out potential about the coin.

Yes, it is like to search a needle in the sand because only with research that can help you to find the potential coins to buy. But in these situations, I think it is very difficult to find the correct coin for day trading as we saw that the market still not moving as good as we want. So we need to dig deeper to find those coins that will need more time to get it. If you cannot find the potential coins for day trading, I think it is better to take a break for a while because if you still trying, I am afraid that you will not get that coin, but you can get a loss because you choose the wrong coin.