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RE: ETHUSD - Technical Analysis October 21, 2017 - Current Price $295
I've just started to get into some of the altcoins. There is money to be made somewhere, but it is hard to pick a certain place. My thinking is to have a handful, maybe 5 or 6, and focus on trading between them when the ratio looks right.
This is a better strategy than most, my recommendation is to focus on market cap, play the top tickers, trying to call bottoms and tops can be hard enough and often people get trapped in loser coins due to emotions and poor decision making.
Use stop losses and a balanced approach, 5% a day is better than 100% once in a blue moon if at all. You should do well ;-)