Yesterday I felt really bad, having lost a huge
amount of BTC during trading and BTC bloodbath. I became depressed and felt wrecked. As I laid down blaming and asking myself why there's always a downtrend after I had bought a particular coin something struck me and I thought that it's better to find a solution towards forestalling future occurrance of such scenario rather than brooding over my losses and then I found this interesting and deemed it necessary to share it with steemit community because I reckoned that I might not be the only one suffering from this unsavoury trend. Google and YouTube has become my favorite site of learning. Admittedly, I am a noob in this and would welcome your comments and suggestions on this. I hope you find this interesting too
HERE ARE MY FINDINGS SO FAR!
RULE OF THUMB 👍
Use coinmarketcap.com. You should be looking for coins with a nice distinguished name, nice icon and LOW-MODERATE MKCAP & VOL
BUY TIMING ⏱
Make sure you buy your coin when it is in the range of 6-17% DECREASE, over the 1 & 2 days. Looking at the chart this way helps you to identify small dips in a coin which has A LOT of potential! BUY IN THE DIP See Red = Go shopping ;)
PROFIT TRACKER 💰
Use blockfolio to monitor how much your coins rise from the time you bought them (iOS/Android). Excellent App for tracking profits.
FOR RISK TAKERS ⛷
High Risk/High Reward method - Buy newly created coins in massive BULK! Make sure the coin is not on Poloniex/Bittrex/YoBit/Crytopia exchanges. Buy millions of this coin, even if it is 0.000001$ per coin. This coin is very likely to appear in the news more, be added to gateways/exchanges, may have a run of hype later on (where it will drop back to normal after). The volatility in these coins is something that can make you rich. Make sure to BE PATIENT.
useful info
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Thank you for reading
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@mmagreat got you a $1.59 @minnowbooster upgoat, nice! (Image: pixabay.com)
Want a boost? Click here to read more!
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Nice post ma'am
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Thank you for reading
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Lovely Article
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Good findings you made. It is never easy anywhere, sister.
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Yeah, and I hope to get it right this time
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