^My recommendation is to do the research yourself and always keep your ear to the ground for new innovative coins.
This is the same fallacy as the "sports bet pickers". Everyone picks a winner eventually. Proving one has a statistical edge when trading alts is a hard endeavor though.
yeah, fortunately for me, i lost my being-a-sheep attitude in early days of trading
Look for new innovation, wait for it to come out and start trading (fuck icos lol) and buy some when it evens out and just sits there in accumulation phase. This way the market has already decided a semi-fair starting price before you even buy in, which gives you a bit of insurance that you aren't buying vaporware like what is possible with icos.
amen to that.
i also always like to see some charts first. you know as in at least a couple of days to a week of price to be able to see some directions and also to get past the phase of everyone-dumping-as-soon-as-coin-hits-market.
If i had to pick a few coins to rise at the moment, I'd pick Sia/Naut/Amp/byteball (long term)/ & possibly LTC next week after segwit activation
good or bad i have sold all my litecoins on top and took the profit. now i only have like 20 LTC in my name which i think i will withdraw soon to my cold storage because the SegWit doesn't look as good these days because of the hashrate drama.
as for byteball i don't like it at all. coins like this which give away so many coins in their airdrop or whatever else they call it are bad in my opinion and each giveaway increases the supply and sell pressure on the market in my opinion which kills the price.
Naut has some of my attention but the other two i should take a look, i have not much to say
Also always decide whether you are buying this coin for the longer term or just for a quick 1 day-6 month trade.
i have always said, long term is only bitcoin.
my altcoin investment durations are ranging from a couple of hours to a week and rarely go past that. i prefer a 5% profit in a couple of hours than 100%-300% in a month because it will have a huge risk that i am not willing to take in 95% of the time in this manipulated market.
the exit strategy is more important than the entry.
this should be written with gold and then stickied to the top of all altcoin boards and altcoin exchanges.