So I am confused to choose a good altcoin for trading, Can you please mention any coin whose price is stable, So I can include it in my trading list,
I once had a bitter experience, I bought altcoin, but in the end it did not sell And lost from the market, For example digieuro
first thing to know is that altcoins are pump and dumps, which means when they go up you need to wait for a big drop afterwards. this drop can come in a form of a sharp drop to the ground or it can come in a form of a series of small dips on downward spiral to the ground in bigger altcoins with big daily volumes.
the strategy that I have been using for some time now and I am quite happy with it is to watch the market and find those coins that are rising at that moment in time. then I join in and buy them just to dump them in a couple of hours for a 10% or so profit.
this has been working well so far and the profit is much better than risking holding of big altcoins that are in bubble waiting to burst.