We all want to make good profit with cryptocurrencies and everyday different coins raise about 100%. But how to predict it? How can we select a coin knowing that it will go up soon?
Before answering these questions, we should get rid of some misconceptions:
The first is:"buy red and sell green". Most people believe this is the best way to earn money with crypto. Truly, it isn't a bad advice, however, most of the times when a coin is going up it brings people's attention and, usually, continue to moon.
Look at NEO for instance. When it was valuing around 14$ people thought it was too expenive to buy and a number of investors waited for a pull-back that didn't occur.
In other words: if you see a coin that is raising up, this could be a signal for inversting on it.
The second point is the website. If the coin you are analyzing has a beautiful website with a cool video (if a person or a group of peopleo appear on it, better) and an interesting idea. This also a big signal.
The key point here is: if it brings your attention, soon or later it will bring people's attention.
Another key point to consider is the marketcap and the supply. If you obeserve a coin that is similar to other top coin but its marketcap is not as big as it, it will probably moon.
Take your time, go to coinmarketcap and analyze all coins following these advices. And, never forget: trade safe!
