Post
Topic
Board Speculation (Altcoins)
Re: What are the criteria for choosing altcoin
by
BitTraderCute
on 18/04/2022, 18:54:11 UTC

1- One of top 20 coins listed on coinmarketcap or any new project like STEPN ( GMT ) and I take part on Binance launchpad.
binance launchpad already proven as profitable projects , most of from this pad succesfully give us huge profits. maybe this is the best way to pick project that will give us money only in short term.

2- I trust technical Indicators like RSI and MACD and take exit and entry based on signals generated on weekly charts and don't buy coins/token in one step, I rather use 3 steps buying strategy.

3- I use Money/rsk management tools to avoid total loss of capital.
DYOR
another technique to pick tokens or coins based on their technical position, if we find any signal from RSI or MACD and confirmed by market sentiment, it should taken immediately or we lost best price before mooning.