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Crypto-Trading Pick #2: Watch out for the bounce!

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It has been a roller coaster ride these past days in the crypto world. The plunge of the entire crypto market does hurt a lot of pockets. People are panicking but some sees it as an opportunity.

Are we there yet? Are we there yet?

The question now is, have we reached the bottom yet? Believing of course that if we have reached the bottom, there's no other way but UP!

Normally during times like this, I have my own criteria on how to easily choose a coin - forget about the fundamentals, forget about the technicals - this is just pure common sense and logic:

1. Must be on the top 10 in terms of 24hr traded volume

2. The coin must have a double-digit negative 24hr change

3. Coins that I don't have yet on my portfolio!

...and the winners are.. tada!

COIN	BUY PRICE	TARGET PRICE
Stellar Lumens (STR)	0.00004473	0.000049203
Ripple (XRP)	0.00014113	0.000155243
XEM (NEM)	0.00009207	0.000101277

Prices are based from poloniex on the BTC market as of 2018-01-19 12:00 UTC
Target price is set at 10% gain. (you can place it at 5% for a lower risk investment)
Choices of the number of coins vary depending on your capital

Disclaimer
Trade at your own risk. The above analysis is my own view and I take no responsibility of your trading behavior. It is best to do your own research and analysis. Take my points lightly :)

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