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RE: I am going to buy some alt coins but I dont know which to buy!
Choose a coin with solid technolgy, real world application and a clear roadmap. If you beleive in the coin and the price falls you won't panic, because you know it will bounce back. Buy and sell on the dips and highs to increase your holding.
Those sound like the types of coin that i am trying to find. I want to use some money that I will consider a sunk cost to buy and hold for long term.
Buying and selling on the highs and dips does sound good too but i don't think i know enough about the crypto markets to be able to do it. where do you learn something like that or is it just practice makes perfect? Will look into it tho to increase holdings.
Finding the highs and lows takes a bit practice, if the coin is stable it will generally travel within a daily range and you can start to see patterns. A useful indicator is MACD, look for solid crossovers as flags to buy and sell and you may be able to make 1-2% on the swings
Cheers for the info mate, will be looking into it for sure.