Monday, August 8, 2016

Coins You'd Likely Want To Trade

Pumped coins are coins you don't wanna hold over night but there are coins that you wanna hold for over a year to see how it could turn out when its development matures. So how do you know which of the crypto currencies are these?

Most likely they are revolutionary which can potentially grow and will have more value in the future. Its like investing to stock market companies which you get to learn to spot which of them can potentially make you money. Some of traders may chose to pick those insurance and mining companies while some chose the start up companies who are creating apps for mobile and the rest can randomly see potentials on existing large companies such as google and Microsoft.

Crypto Trading almost works like Penny Stocks Trading. You only need to watch stocks worth a penny, maybe less than $0.30 and wait for the right time to exit your position. You can check which stock exchange is being pumped and dumped on some sites like pennystockrumble.com and pumpsanddumps.com.

If coins are being pumped and dumped as well on crypto trading, you should also notice them on exchange sites themselves and here bitcoinwisdom.com. They are pretty straight forward because its more transparent than stock exchange. You will see that coinmarketcap.com lists everything about the coin from where its announced down to its marketcap, volume and price charts. Through these information you will have a better idea which of these coins are a lot popular than the rest. but to trade safely though, you'd rather stick to those coins with higher volume. You may wanna start from the first 10 coins on coinmarketcap.com, wait for any of them that recently drop and then buy just few to test.

One of the coins you'd likely see in the future to almost go mainstream would be WAVES. These are just my prediction though, so don't quote me on these but most probably because, its innovative and useful in the future for traders and they don't yet have any clones unlike Lisk and RISE. These two can be worth trading still but they are both clones.

Another coin is Xaurum (XAUR), its much different than XAURUM(XAU) so be careful, one dev team but different coin as XAUR is the RICO or the Rebirth. Still backed by Gold, information about the coin is here.

Another interesting coin is the Antshares - Digital Assets of Chinese Developers. This coin will likely be valuable. There are already hundreds of investors to it, you may wanna join the fun too. If you have just few BTC, maybe worth $50 is enough for you to play around. Its always good to see yourself involve on the first exchange site release of the coin for its going to be heavily traded so you won't struggle to wait whether its going to go up later. You can dump right after its released and the buy back to wait for it to go up once again.

Anyway, trade with caution.

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