One of the biggest indicators is sudden change in volume and a majority of buy orders. But this can also be artificial, where miners suddenly change to a new coin.
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BoardAltcoin Discussion
Re: Which is best for a short position? ETH, LTC or BTC?
In 2-3 weeks I think some of the other Chinese exchanges said they are going to be stopping business for the Chinese citizens. I don't know what effect this will have on prices, but I'm thinking it will cause another dip. Probably not as big as when the original announcements were made, but a dip all the same. Also, if you watch the news for these three coins right now any news coming out is having effects on prices so you might be able to catch something there.
Just realized i misrepresented my question. Which will have a higher x/BTC ratio in a few weeks- ETH or LTC?
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BoardAltcoin Discussion
Which is best for a short position? ETH, LTC or BTC?
by
neotoad
on 17/09/2017, 17:02:11 UTC
Hoping to snag some more before the weekend ends. It appears prices have stabilized, but which is the best bet for a two or three week position? This is a small buy.
It has so much potential to become one of the profitable lead token. Already accepted by some exchanges and wallets
What is yours?
Coindash (CDT) It has returned me a 6X profit. I believe it will grow into a big crypto in top 10.I will wait to buy some cheap CDT.
I don't know about CDT. I'm new to trading and crypto, but price and market cap have only dropped. Market cap has shriveled from $60m to less than $15m today. I get that they have a working product, but they don't seem to be a serious contender. I was looking over their whitepaper last night and it seems their plan is to be 1) an exchange 2) a wallet 3) a crypto social network and 4) SaaS (software-as-a-service, signal trading, etc.)