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RE: ScaredyCatGuide Calls It - STEEM Price Action is Dead!
Yes, we all want that ball made of crystal. I have been buying small amounts of other coins this year. Just bought some Waves last week. Added to LTC last month, etc. Probably should have just held it all in BTC though lol.
Are you trading by reading charts or are you evaluating the technical aspects of the coins too?
For the most part - off the charts. I know a bit of background of each coin though to lean my decision on which to add more too.
I stopped researching coins about two or three years ago, it is a bit of a daunting task with the massive influx new coins that are coming out. With just 100 coins it became a full time job, I couldn't imagine attempting it now, but now I feel like I am investing blind and I don't know enough about reading charts.
In that light, then you are better off just holding some of the top coins and just going along for the ride and maybe speculate on one "new" coin. Kinda like long term buy and hold with stocks.
Thanks man :)