If we observe the charts, there is always a trend of price increase in all (or probably most if not all) of altcoin or everything that has value everytime the year ends. Now if one do want to do trading would it be best to do it per year? and if one does this, is there a way to identify which altcoin would yield the greatest price increase so that at the start of the year you may have the time to prepare for it?
You can’t be able to tell which altcoin will soar high in every year, that’s not really possible and don’t invest your money in just one altcoin while there are many of them in the market that are very good. Just choose like three or even five altcoins and invest your money in all of them, then you can wait and watch them as they grow. If you invest only in one it might not turn out to be what you expected it to be.
Yes, we are talking about altcoins here and unless we want to start comparing their previous ATH before investing, no one can know exactly how far they would end up going before reversing at any point.
What we have is always going to be the trends, and that is all we can use to make market decisions either when it comes to buying or selling when the time comes, but for now, I guess we just have to see how things would eventually turn out, because nothing is guaranteed to how well a market moves and the best is to just diversify one's portfolio to spread the risk as well as the profits.
