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What are your most important considerations in crypto currency trading?
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[QUOTE="Josemendez, post: 71612, member: 25665"] When it comes to cryptocurrency investment ,I co Sider few things ; 1. The coin market cap. Statistics has shown so far ,that coins with high market cap normally experience rise in price value at shorter time period ,due to the trading volume arising from the high market cap. This is why Bitcoin , ethereum , litecoin and xrp were mostly invested coins. 2. Price . Coins that are of higher price ,say above $20 are more likely to experience a significant rise as compared to those below $1. 3. White paper and the company behind the coin . I do consider the details to be put in place towards Making the coin rise well , as explained in the white paper. Also , the team behind the coin is something I consider as well . Finally , I have started investing in altcoins below $1 , especially those that have shown potential for a rise. This ones are for long term investment . [/QUOTE]
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What are your most important considerations in crypto currency trading?
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