Wow, just look at the reduction in crypto currency prices from the beginning of January 2018!
Here are some of my ideas on how to pick the best rebounding coins.
Coin supply related to price
Lower supply could multiple in price more if market cap is low and ends up being noticed.
Technology!
Platform or 2nd Generation currencies I like
Eth, Neo, Strat, Lisk, Waves, Ark, Komodo, Rise
3rd Generation currencies, platforms, scale-ability solutions, etc, that I like
Cardano, Eos, Iota (Dag tech), Ven
Previous highest price of coin and related fall
If the coin fell to 1/5th of the previous high price and ticks all other boxes then even if it only gets back to where it was pre-correction it is a 5 bagger! Maybe a lot more
Social media buzz
Are people talking about the coins, the tech. Will they be talking about it soon in your opinion?
Upcoming news events/Road Map
Have you done your research, checked the road maps, the vision of these tech's, start ups? Are you searching blogs and videos for information. Are the big Influencers excited about the tech?
Remember once we bounce after the bottoming phase we will see strength in this blossoming sector, better to buy early or late in the cycle?
If you buy the right coins and you currently have losses, you could recuperate those losses a lot quicker on the way back up.
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Coins mentioned in post:
Thank you, very interesting. Only issue with Cardano is any working product, could say the same for EOS but track record is strong from Dan Larimer delivering working products. I really like Neblio too, very small supply