So if you are an altcoin trader, (like on poloniex or similar platform)
What are your top 5 altcoins at the moment to trade for profit or invest in?
this is always a bad question.
and to find the answer you need to do it on your own, people here will only advertise the bags they are holding in 99% of the times!
and for trading just check altcoins that have a high enough daily trade volume and are not in a bubble.
for trade volume it is easy, just change the chart to 1 day charts and check the daily volume.
for bubble again on the same chart you need to look for a flat line or a big sharp drop in price to get it. when you saw a big sharp rise be sure that it is already too late to get in.
although there are a lot more, but what i said is the important part.
Thank you for the heads up. But it is also good to know what others are holding, isn't it?
I have made good profit with margin trading in polo recently and currently making more by trading ETH and DASH on every price swing.
1. ETH
2. DASH
3. ZEC
4. XMR
5. ETC
are few alts whose price are swinging back and forth right now creating good opportunity for quick profit.
Thank you, ETH, DASH and ZEC are too high for me at the moment, but I am interested in ETC and XMR. Would like to know more about them before I invest though.