Do you want to be a better trader? If you said yes, this blog could be a helpful hand for you.
Ethereum vs Solana vs Cardano. Does this fight really matter for you as a trader?
In the terms of trading probably not because there are better options to trade. But if you are like me and other wise traders you don´t want to trade with a whole portfolio and than you have a few different places where to put your money into work. First can be staking some of the stablecoins for some smaller rewards, but safe returns. Or you can invest into one of the top 10 coins, hope for its value increase and on top of that get higher APY. I personally prefer second option.
(Stake three quarters of your portfolio and having the rest for day trading is much better than having all ready for trades, because you will probably use much smaller amounts to trade with.)
What coins should I start to trade on?
Be prepared that finding a right coin with tradable setup can take a lot of your time (most likely a greater part of a day than you think of). But you have to be patient, there is no need in jumping straight to trade just to be in a one. You are probably asking, but if I will not be in some trades I cannot make money. That is true, but you are at least not losing them. Before you find and open your trades you have to be patient.
And now about the title of this part. First thing you are looking for is high volume – it is much easier to have a trade in confirmed patterns and as you know volum eis key to confirm breakouts. Second parameter is high volatility (you can check this on volatility index or you can just look if there are huge moves in the recent time period. In that type of ekosystém you can try swing trading – wait for a reversal and then trade the other direction move. (This is exactly what I´ve been doing on ROSE.)
Warning
If you are unexperienced trader please do not trade small altcoins. They have not the same percentage of winrates for different patterns and they can have problem with liquidity – even if it seems you made money you are not able to jump out because there is noone who is willing to buy them from you.
And lastly: Always stick to your plan!
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