Hello, Im preety new on forum, I posted 99% on my local forum, but now I want also post on international forum.
Im intrested in trading in crypto, cause mining crypto in this days is not profitable. I Want to know how I can recognize right coin, expect BTC, and ETH, how I can recognize some other good coins? How I can recognize when is the right time for buyng and sellig crypto to make most of trades profitable? Is it possible some how exploting some coin and be sure this coin can make 10x, 20, 50x,... in next months?
Sorry if Im spell something wrong cause my English is not best.
Just have sometime to visit at coinmarketcap website and always look after the rank of an specific coin, and there you can actually see how to choose which one is the best. Though there's no assurance for cryptocurrency, but it's always important to determine their capabilities through communities that supports them like in social media discussions. Most common tools that we need is telegram, facebook and twitter.
Keeping up to date with their social media updates is really a good source of information. Some projects will not update their respective ANN thread in the forum, but most of them are active in their socmed like telegram or twitter. However, you should also evaluate if the tweets or updates are substantial to the growth of the project. Because if it is just small things that don't affect the improvement of the coin, they may just be stalling and there's really no development going on. You can get insights if the dev team is just stalling or has real updates if you will closely follow their movements. You should keep up with all the coins that you are interested with. That's a tedious job but if you want less headache, just follow only those important coins that you want to get involved with.