Does anyone know how to monitor new and emerging cryptocurrencies?
I hear about these floats of new cryptocurrencies but have not idea how to know when they're coming.
Thanks
Just wondering what for? If you're asking so that you could use it to trade new coins in futures that soon to be listed in a certain exchange, I suggest you not to do it. Trading coins that's newly listed without proper research about it will just liquidate your entry every trade, unless you got lucky, and you won't be able to push your luck on it by merely relying on new listed coins.
I think the same, trading new coins is incredibly risky and it is not difficult to know why, with a coin like bitcoin we have many years of records which can tells us how bitcoin has moved through different economic conditions and it tell us what we can expect out of it, but when it comes to a new coin there are no such records, and as such there is no way to know what it may happen while you are trading the coin, and when we add the low volume and the huge whales then predicting the movements of the coin becomes absolutely impossible.
No one can precisely predict what will happen to a new coin but you can get better idea on what's going on if you are keeping closely with the updates of the coin itself. Because if you have idea on what's going on, you can easily understand why their market is behaving on a certain trend so you can adjust your trading activities accordingly. But if you don't know where they are heading, you will be trading blindly and that is a very dangerous move for your funds.