This information is for serious traders, as I have invested a lot of time and effort to calculate, what I get from my day to day trading. I'm trading on cryptocurrency from last 7 months. My 80% transactions are on poloniex. This trading information will provide you significant benifits, as I have explore these ideas and make a pattern for all cryptocurrency traders.
As you people know that poloniex exchange is at no.1 in cryptocurrency business. So I advice you to see chart before purchasing. I want to tell you that purchase coins which show minus value in percentage change in 24 hours but please be careful to see the chart before purchase, if that coin raise more than 50% in previous 3 days then don't go with that because this coin is now in correction process. Got my point. I'm sorry I'm technically sound but grammatically weak. So there is an example of with picture;
The value of XVC coin was 6507 on 11th September 2017. Then it increases 300%+ and price goes to 19850. its almost 300% increase, now its in correction process and showing a value of 14170 now at time or writing this post and showing 15% minus value, now please don't purchase it even it goes to 25% minus value because its in correction process.
Now purchase the coin which sustain its value from many days and then suddenly lose its value to 20% in minus. Now when this coin goes to correction then you can get good profit.
Similarly when you achieve 50% rise then don't wait anymore because not every coin achieve 100% plus now a days, so just sale your coin when it will be 40% plus or maximum 50% and again apply the rule to purchase the coin which you think is in correction from minus to plus.
That's all my observation. I have earned good money through this pattern even in dumped situations. So try it.
Rule is simple, wait until your coin raised its value to 50%+ and when you see that a good coin is loosing its value and correction will done in future, purchase it.
Here you can see that EMC2 purchased in 671 last night 12 September 2017 and then sale them on very next day in 1037 and purchased minus value coined, which is correcting itself. see picture below;
Thank you so much for time to read. Questions welcome here.