Altcoins Tips

Next Article. Also develop a personal habit of backing up your wallet every two days and keep your password written down in a safe place. Mining altcoins is the most consistent way to generate a large profit. Currently the mining pools are massive and boast top of the line mining hardware, making the mining difficulty harder than ever. Bitcoin Gold is a fork of Bitcoin that was created to kick out ASICs and make it possible to mine it with GPUs and also belongs to the best crypto to mine group of coins.

How to do it perfectly? Stochastics and the Relative Strength Index RSI are known in the technical analysis field as oscillators because they move between a low of 0 and a high of Technical analysis is a practical method that weighs past prices of certain coins and their trading volume. Especially in the field of crypto, a field that often generates news, there are fundamental factors that have a significant impact on the market such as regulations, ETF certificates, mining hash, etc. Further reinforcement of the trend is obtained when the resistance level becomes support level, and being tested from above shortly after the breakout. It takes years to master Elliott Wave analysis, but some cryptocurrency traders feel they have a good enough grasp of the basics to apply it to markets such as Bitcoin.