How to choose a cryptocurrency to trade?

[MaMooN]

you must to know these points:

1-Read the whitepaper to fully understand the cryptocurrency and project content

2-Can the cryptocurrency be mined?

3-Have you been manipulating the cryptocurrency by any way? For example, you find a lot of cryptocurrencies similar to other currencies just named change

4-Is the new encrypted currency similar to another currency in terms of encryption or has new features

5-Are currency developers active and efficient

6-Check if the cryptocurrency has a significant market value

7-The trading volume

8-The cryptocurrency has weak code points

9.Check if the  community active

[BestSSS]

It is not necessary to carefully choose a specific cryptocurrency for trading. All cryptocurrency subject to declines and price increases the main time to buy and sell on time and it does not matter what you sell

[pelana vreo]

I will choose the coins that have been listed on the coinmarketcap, and see how much the total coin supply I want to trade, because this amount of supply will affect the trading volume.

[owmivmen]

An important point to choose a potential crypto by knowing the community of the coin and seeing the development of the coin.

[Doctor]

you must to know these points:

1-Read the whitepaper to fully understand the cryptocurrency and project content

2-Can the cryptocurrency be mined?

3-Have you been manipulating the cryptocurrency by any way? For example, you find a lot of cryptocurrencies similar to other currencies just named change

4-Is the new encrypted currency similar to another currency in terms of encryption or has new features

5-Are currency developers active and efficient

6-Check if the cryptocurrency has a significant market value

7-The trading volume

8-The cryptocurrency has weak code points

9.Check if the  community active

I think It is a good informations to choose a crypto currency to trade. We should learn the whitepaper and their projects purpose.

[trons]

This information is for trading in long periods. If trading within a day or medium-term is enough to look at the volume of trades per day and the level on which the coin is located, if at the bottom, then take, if above, then look for another.

[Zed0X]

Your list is more likely referring to cryptocurrency to invest into for long term and not necessarily for trading.

[ShadowInTheFog]

There is no need to read the WP of the project if you intend only to trade with their coins. If you plan to invest in the project for the long term then you need to do your due diligence.

[damsix]

It is very complete and it deserves to be appreciated and I also find it difficult to add which one will be chosen for this as an addition to my trade.
Maybe trading volume is the best for you when choosing cryptocurrency.

[Seeyy]

If you plan to invest in a project for the long term, then you need to do in-depth analysis. There is no need to read the project WP if you intend to only trade with their coins.

[ipanks]

For fast choose of the coin, I think it's enough if we can check on the marketcap how the coin movements and if there is a good moving from the coin and we can know that this is the time to increase, then we can try to buy the coin, decide in how much price we can sell to make a profit. And if the movements still on the good progress then we can continue to trade and we can expect for a big profit by doing this over and over. One of my friends always makes scalping trade especially if he saw the coin has massive moves in the market because he knows how much profit he needs to get in a one-time trade. And if he can do this over and over, then it means, in that day, he can get a nice profit, and it means he can make money.

[Kinal]

These are good rules, but don't forget about luck. It's like in a casino. There is always a risk of loss.

[Stavr1992]

I usually look when there are big trades on one or another crypto currency, and only then do I draw conclusions in which it is worth while to climb to trade